Business

GM to boost pickup truck production in Michigan amid strong demand

General Motors is planning to ramp up production of heavy-duty pickup trucks in Michigan this summer amid strong demand for gas-powered pickups despite elevated fuel prices. GM is planning to operate its Flint Assembly plant six days a week, up from five, starting in June to produce more trucks to…

Apple retires well-known product after 20 years as it shifts strategy

Apple is scrapping its high-end Mac Pro desktop after two decades, signaling a shift in how the tech giant targets professional users, according to reports.  The company has quietly removed the Mac Pro from its website, according to Bloomberg and 9to5Mac, marking the end of a product line that once…

Americans ditch EVs for bigger vehicles as auto trends reverse

A shift in the auto market is becoming harder to ignore as consumer demand tilts back toward larger, gas-powered vehicles, even as electric vehicles struggle to maintain momentum. STELLANTIS TAKES MASSIVE $26B HIT AFTER MOVING AWAY FROM EVSFOX Business correspondent Jeff Flock joined FOX Business’ Stuart Varney on “Varney &…

San Francisco airport expects major delays as FAA restricts some landings

The Federal Aviation Administration is reducing arrival capacity at San Francisco International Airport as construction and new safety rules take effect, a move expected to increase flight delays. The FAA said the measure will lower maximum arrival rates from 54 flights per hour to 36 during a major runway project.…

Private sector added 62,000 jobs in March, above expectations, ADP says

Companies in the private sector added 62,000 jobs in March, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 40,000 jobs. The prior month’s payrolls number was revised higher to a gain of 66,000 from an initially reported gain of 63,000.”Overall hiring is…

More than 4 million children enrolled in Trump Accounts savings program, IRS says

More than four million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday, marking a major rollout of the administration’s savings initiative. Additionally, the IRS said more than one million children are covered by elections for the $1,000 Trump Accounts pilot program contribution.Trump…