US Business News

Tesla Owners Gripe Over Recharge Waits

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Complaints about long lines at Tesla’s free recharging stations have the electric-vehicle company chastising frequent users.

Fiat Chrysler Sales Jump in June

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Fiat Chrysler said Wednesday that its U.S. sales rose 8.2% in June, helped by strong sales of Jeep and Chrysler vehicles.

Private Sector Added 237,000 Jobs in June

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Private payrolls in the U.S. increased by 237,000 jobs in June, according to payroll processor Automatic Data Processing and Moody’s Analytics.

Companies, Business Groups Blast Overtime Proposal

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Companies and business groups warned that a White House proposal to expand eligibility for overtime pay would curtail work hours and dent job growth as employers try to work around it to control costs.

General Mills's Revenue Growth Weaker Than Expected

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General Mills reported weaker-than-expected revenue in its May quarter, as the food maker continues to struggle with changing consumer tastes.

Bosses Reclassify Workers to Cut Costs

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As scrutiny into the relationship between businesses and independent contractors rises, employers find ways to take workers off the formal payroll and lower costs.

Donna Karan to Step Down as Chief Designer

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Donna Karan, one of the most influential shapers of contemporary American fashion, will step down as chief designer of her namesake company Donna Karan International.

ConAgra Plans to Exit Private Brands

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ConAgra Foods, under pressure from an activist investor, said it plans to jettison its struggling private-label business less than three years after spending $5 billion to buy it.

Arrested Toyota Executive Resigns

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Toyota Motor managing officer Julie Hamp, who was arrested last month in Tokyo on suspicion of violating Japan’s drug laws, has resigned.

Greece Defaults on IMF Loan

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Greece became the first advanced economy to default on loans from the IMF, despite Athens’s last-minute push for emergency aid.

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