Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
Bitcoin topped the $13,000 level Wednesday, rallying to its highest price since January 2018.Bitcoinread more
Wayfair drew backlash and calls from some customers for a boycott after employees protested the company's apparent sale of $200,000 of mattresses and bunk beds destined for a...Retailread more
The president raised $6 million alone at a fundraiser he attended at the Trump International Hotel on Tuesday in Washington.Politicsread more
During the foreclosure crisis, investors transformed the single-family home rental market into a formally managed asset class. Now they want new homes.Real Estateread more
The first debates will give most of the contenders their biggest platform yet to present themselves to the American people.Politicsread more
The shutdown of the fire-damaged Philadelphia Energy Solutions refining complex could send gasoline prices higher across the U.S., but particularly in the mid-Atlantic region...Market Insiderread more
President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
The White House on Wednesday is hosting major chief executives who joined a Trump administration advisory board on workforce issues.
Last month, the White House said the chief executives of Apple, Walmart, IBM, Lockheed Martin, Siemens USA, Home Depot, Visa and other major companies are joining a 25-member board, co-chaired by adviser Ivanka Trump and Commerce Secretary Wilbur Ross.
The council plans to hold its first meeting Wednesday afternoon at the White House complex, according to a public notice. President Donald Trump is expected to attend part of the sessions, a White House official confirmed. The meeting, set to last three hours, will be live-streamed.
A White House official was unable to confirm on Saturday a list of the CEOs who are attending but said most are expected to take part.
The board members are to serve until 2020 and will work with the administrations National Council for the American Worker to develop and implement a strategy to revamp the American workforce to better meet the challenges of the 21st century, " the White House said last month.
Also on the council are the chief executives of the Chamber of Commerce and the National Association of Manufacturers, as well as the governors of Iowa and Indiana, the president of the North Americas Building and Trades Unions and mayor of Charlotte, North Carolina.
Last month, the Bureau of Labor Statistics said U.S. job openings reached a record high in December at 7.3 million. The White House says the job openings present "a mismatch between the skills needed and those being taught, requiring immediate attention to help more Americans enter the workforce."
This is the highest-profile White House business group to meet in 18 months.
In August 2017, Trump disbanded two high-profile business advisory councils after numerous chief executives quit in protest over his remarks blaming violence in Virginia on anti-racism activists as well as white nationalists.
Trump dissolved the American Manufacturing Council and the Strategic and Policy Forum after eight executives, including the CEOS of Campbell Soup and 3M, quit the panels. Both councils were moving to disband on their own when Trump made his announcement on Twitter.