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Bank of America to raise minimum wage to $25/hr by 2025

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NEW YORK — Bank of America plans to set the minimum wage for all positions at the company to $25 an hour by 2025....

Fidelity launches saving, investing account for teenagers

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NEW YORK — Looking to draw in the next generation of investors, Fidelity Investments is launching a new type of account for teenagers to...

Offshore lift boat flipped while lowering legs, turning

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NEW ORLEANS — An offshore oil industry boat had begun to lower its legs and was trying to turn to face heavy winds when...

Macy’s emerges from pandemic by swinging to surprise profit

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Macy’s emerged from an unprecedented year with a surprising swing back into the profit column and it and boosted its guidance for all of...

Retailer results so far show people are going out, spending

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NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that...

Samsung thrives as Seoul mulls pardon of corporate heir

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SEOUL, South Korea — Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison...

Biden back behind the wheel, zooming away in electric truck

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DEARBORN, Mich. — Joe Biden is back behind the wheel. And now he's gone, bolting down the track. ...

Stellantis, Foxconn team up to make cars more connected

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MILAN — Carmaker Stellantis and Taiwan’s Foxconn on Tuesday announced plans to develop a jointly operated automotive supplier focusing on technology to make vehicles...

Kerry says US examining carbon border tax, sees risks

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BERLIN — U.S. special envoy for climate John Kerry said Tuesday that Washington is looking into the possibility of introducing a fee on imports...

Bangladesh arrests journalist known for unearthing graft

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DHAKA, Bangladesh — Police in Bangladesh's capital have arrested a journalist known for her strong reporting against official corruption in the South Asian country...