National business

The deadly collapse of Baltimore’s Francis Scott Key Bridge could rival or beat the maritime industry’s largest-ever financial loss, with insurance claims expected to reach $1 billion or more.

Pandemic-affected inventories, overzealous emissions goals and high Wall Street valuations for electric vehicle maker Tesla Inc. generated a drive for legacy automakers to push a whole lot more EVs in the coming years — a strategy the industry now recognizes was a bit misguided.

US job openings were little changed in February from the prior month, suggesting labor demand is stabilizing at an elevated level.

The Congressional Budget Office warned in its latest projections that U.S. federal government debt is on a path from 97% of GDP last year to 116% by 2034 — higher even than in World War II. The actual outlook is likely worse.

Victoria Ortiz was enjoying a turkey leg at a Disneyland France cafe with her husband and son two summers ago when her phone pinged. It was a text message from her boss: “Check your email.” So back at the hotel later that day, she dutifully interrupted her European vacation and fired up her computer.

Real estate investor Debra Falese called a landmark Realtor commission settlement “horrible” because it requires home shoppers to sign contracts with their agents. That could leave buyers “locked into” working with unreliable agents, the Huntington Beach, California, property owner said. New homeowner Morgan Hedrick worries the settlement will make it harder for future buyers if their broker ...

United Airlines Holdings Inc. asked pilots to take unpaid time off next month, blaming late deliveries of new aircraft from Boeing Co.

Shares of Donald Trump’s social-media business wiped out their gains from going public last week after the company disclosed that it lost more than $58 million in 2023, as revenue for the former president’s Truth Social platform trickled in.

US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis.

Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales.

AT&T reported Saturday that personal data from millions of current and former account holders has leaked onto the dark web.

The Federal Reserve’s preferred gauge of underlying inflation cooled last month while household spending rebounded.

Gov. Ron DeSantis and Disney are moving into a new chapter of a dramatic political story that captured the nation’s attention, one that could see better relations between the two. Lawsuits have been settled, and now, both sides are striking a collaborative tone. A lot of money is at stake. Disney is planning to invest billions of dollars into its theme parks over the next decade. Florida ...

Apple Inc.’s overseas suppliers have ramped up production of the company’s long-anticipated new iPads and a launch is planned for early May, according to people with knowledge of the matter.

The collapse of the Francis Scott Key Bridge and the closure of the Port of Baltimore this week could have far-reaching implications all the way across the country for the ports of Los Angeles and Long Beach, according to several experts.  

A federal judge sentenced former cryptocurrency mogul Sam Bankman-Fried to 25 years in prison Thursday, less than what prosecutors wanted for what they called his “massive” financial crimes, but far more than defense lawyers sought. He was also ordered to pay more than $11 billion.

The Home Depot said Thursday that it will pay $18.25 billion for Texas-based SRS Distribution to expand its business with the professional residential builder and remodeler.