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Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid

May 21, 2025

How Fanatics is teaching business acumen to pro athletes
Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More than two dozen NBA, NFL and NHL players participated in the company’s Athlete Immersion Program this past weekend as part of Fanatics Fest in New York City. The program included three days of…
May home sales increase very slightly, but prices hit another record high
Sales of previously owned homes rose very slightly in May, up 0.8% from April, to a seasonally adjusted, annualized rate of 4.03 million units, according to the National Association of Realtors. Housing analysts had been predicting a 1% decline. Sales were 0.7% lower than May of last year. Sales were strongest in the Northeast, up…
Trade curbs on China send US ethane prices sliding
TOKYO — Ethane prices in the U.S. have tumbled on expectations that Washington’s restrictions on exports of the petrochemical feedstock to China will result in oversupply. If Chinese manufacturers increase purchases of naphtha as an alternative, prices of that chemical could rise in Asia.
Changi charts new course as Singapore’s economic ‘lifeline’
For Singapore, Changi Airport is not just a transportation hub. In a land-scarce country with a tiny domestic market, the facility is a business that serves as a vital artery of economic activity, facilitating trade, attracting investment and enabling the seamless flow of people and goods. With the pandemic behind it, Changi is now scaling…
Fed Governor Bowman favors July interest rate cut if inflation stays low
Federal Reserve Governor Michelle Bowman said Monday she would favor an interest rate cut at the next policy meeting in July so long as inflation pressures stay muted. In remarks for a speech in Prague, Bowman became the second central banker in recent days to suggest that President Donald Trump’s tariffs are likely to have…
Supreme Court allows Trump to swiftly deport certain immigrants to ‘third countries’
WASHINGTON — The Supreme Court on Monday made it easier for the Trump administration to deport convicted criminals to “third countries” to which they have no previous connection. The court in a brief unsigned order put on hold a federal judge’s ruling that said those affected nationwide should have a “meaningful opportunity” to bring claims…
IHI and GE Vernova to test parts for ammonia-burning gas turbines
TOKYO — Japanese engineering company IHI and GE Vernova have built a facility at a plant in Japan to develop a combustor for large-scale ammonia-burning gas turbines for power generation, as the companies near an important step in decarbonizing thermal power. Test equipment has been installed at an IHI plant in Aioi, Hyogo prefecture, in…
Why Al-Udeid Air Base in Qatar is Iran’s retaliatory target
IE 11 is not supported. For an optimal experience visit our site on another browser. Video shows possible missiles over Qatar after Iran says it launched strike against U.S. base 00:47 No U.S. casualties reported in Iranian strike on base in Qatar 04:18 Qatar calls for immediate cessation of hostilities between U.S. and Iran 03:59…
New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’
DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the global automaker. It was a mantra decades in the making, as he spent 25 years climbing through the company’s ranks, starting from a role as a night shift paint…