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Business News

Vallourec enters year on solid footing

Staff report Vallourec, the multinational manufacturer of tubes used in global energy production, closed 2025 with solid financial results and a plan for one of its largest shareholder payouts to date, the company announced Feb. 27 in a news release. Vallourec operates its main U.S. ...

Justice Department and Live Nation reach settlement over illegal monopoly case

WASHINGTON (AP) — The Justice Department touted a tentative settlement of its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Monday as a victory for consumers that would end an illegal monopoly over live events in America, but over two dozen states ...

Ford recalls 1.74 million of its cars over rearview display issues

NEW YORK (AP) — Ford has issued two recalls affecting nearly 1.74 million of its cars in the U.S., due to software issues that impact the vehicles’ rearview camera displays. According to notices published by the National Highway Traffic Safety Administration this week, an internal ...

What to know about the Strait of Hormuz

DUBAI, United Arab Emirates (AP) — The widening war in Iran has ground tanker traffic through the Strait of Hormuz to a halt and oil prices have soared, highlighting the important role the narrow passageway plays in global energy supply. The Strait of Hormuz is the narrow mouth of the ...