Batteries, batteries, batteries. The race to attract this industry of the future, and power the electric vehicles that will rule the roads, is as frantic as the rush for AAA cells after an eight-year-old opens their birthday presents. An orgy of subsidies under the Inflation…

Aeon’s pay offer is likely to push major competitors to take similar measures © BloombergAeon, one of Japan’s biggest supermarket and convenience store groups, said it will raise average wages by an unprecedented 7 per cent across its 400,000-strong workforce of part-time employees.The pay offer…

The S&P 500 gained on Thursday as better-than-expected Meta results further improved sentiment around technology shares, which led the market lower last year.The gains come ahead of a trio of Big Tech results after the bell in Apple, Amazon and Alphabet.The broader market index jumped…

U.S. House Speaker Kevin McCarthy (R-CA) talks to reporters after he met with U.S. President Joe Biden to discuss the federal debt limit and spending, at the White House in Washington, February 1, 2023.Kevin Lamarque | ReutersWASHINGTON — House Speaker Kevin McCarthy said he had…

A controversial Alaska oil project has edged a step closer to approval after the Biden administration indicated support for a slimmed down version of the drilling venture, sparking the ire of environmental groups.The Bureau of Land Management released a final environmental study for the $8bn…

DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle.”I think one more,” Gundlach said Wednesday on CNBC’s “Closing Bell: Overtime.” “I think it’s tough to make the statement ‘ongoing increases’ with an…