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IRS calls its free Direct File tax-prep tool a success. Will it be back in 2025?21:08 The IRS’s Direct File platform prepared federal income-tax returns for nearly 141,000 households, exceeding officials’ goal of handling 100,000 returns. Trump invokes EVs in challenge to Biden for debate in Michigan21:08 President Joe Biden on Friday said he’d debate Donald Trump this election cycle, prompting the former Oval Office occupant to propose a faceoff in auto-industry stronghold Michigan. Hertz’s stock is having an awful week, and BofA adds to investors’ misery20:01 Hertz’s stock continued its dive Friday toward yet another record low, after BofA Securities added to the rental-car company’s woes by recommending investors sell. Tesla’s December recall of 2 million vehicles over Autopilot now subject of regulatory probe19:29 The U.S. National Highway Traffic Safety Administration said Friday it has launched an investigation of Tesla Inc.’s December recall of 2 million vehicles that were equipped with its Autopilot system. Intel’s bad year worsens, with analyst decrying company as ‘profoundly broken’18:56 Intel’s bad year is getting worse as the chip stock experiences another sharp slide in the wake of earnings. Chevron’s stock pulls back as profit drops amid plunge in natural-gas prices18:56 Shares of Chevron Corp. pulled back Friday, putting them on track for their first loss in eight sessions, after the oil giant reported first-quarter profit and revenue that fell amid a sharp drop in natural-gas prices, but still managed to beat expectations. Biden’s new overtime rule could help millions of ‘stuck’ salaried workers. But there are hurdles ahead.18:21 The new rule expands the number of employees eligible for extra pay after working more than 40 hours. Legal challenges have derailed previous changes. |