DETROIT – General Motors plans to invest more than $1 billion in two Michigan plants for production of next-generation heavy-duty trucks, the company said Monday.The investment includes $788 million to prepare its Flint Assembly plant to build the heavy-duty gas and diesel trucks. Another $233 million will be invested in…

In April the International Monetary Fund released a working paper explaining how tax authorities can better leverage anti-money-laundering (AML) measures to improve tax compliance and boost domestic revenue mobilization. The idea is not new, but it’s been a challenging concept for tax authorities to execute. Why? Well, tax crimes and…

Robert F. Kennedy Jr.’s bid for the Democratic nomination for president has gained a boost from several Silicon Valley executives.Block CEO Jack Dorsey endorsed Kennedy on Twitter on Sunday, while Twitter owner Elon Musk invited the contender to a live audio discussion on the platform. That discussion is set for…

Former Vice President Mike Pence filed paperwork Monday to run for president in 2024, Federal Election Commission documents showed.Pence, who served under former President Donald Trump, is expected to personally launch his bid for the GOP nomination on Wednesday. A spokesman for Pence confirmed the FEC filings.The former vice president…

Vision Pro will cost $3,499 and launches next yearApple saved the price for last. The Vision Pro will cost $3,499 and launches early next year. That’s the end, we’ll try to check it out in person as soon as we can. Thanks for joining.Apple announces visionOS software platform for Vision…

One could be forgiven for thinking that last Friday’s headline showing the U.S. economy created a much larger-than-expected 339,000 jobs in May would send stocks lower rather than higher. After all, the Federal Reserve has been relentlessly increasing short-term interest rates to fight the inflation problem, and a tight job…

Lawyers for Donald Trump met Monday morning with special counsel Jack Smith and other Department of Justice officials, a day after the former president complained about speculation that Smith is moving closer to seeking an indictment of him.NBC News confirmed Trump lawyers on Monday met with those officials at the…

Check out the companies making headlines in midday trading.Palo Alto Networks — The cybersecurity stock jumped more than 4% after S&P Dow Jones Indices announced Friday postmarket it will replace Dish Network in the S&P 500, effective June 20. Dish Network dipped about 1%.related investing news3M — The industrial manufacturer’s shares slid 3%…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The past month’s economic data has highlighted the persistent, sticky nature of inflation…

Apple on Monday unveiled its most ambitious – and riskiest – new hardware product in years: a mixed reality headset called the Apple Vision Pro. Apple (AAPL) CEO Tim Cook touted the Vision Pro, which combines virtual reality and augmented reality, as a “revolutionary product,” with the potential to change…