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Business News
AI may trigger 'job apocalypse' cutting 8 million positions, study shows
The technology could herald a "job apocalypse," the study said.
March 27, 2024What to know about the massive ship that crashed into the Baltimore bridge
The cargo ship Dali is a Singaporean-flagged vessel.
March 26, 2024Rivian's new low-cost SUV could take sales away from Tesla
Rivian's lineup now includes three smaller SUVs: R2, R3 and the R3X.
March 09, 2024
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1 hour ago
A tropical cyclone makes landfall in northern Madagascar, killing 18 people
A tropical cyclone that swept across Madagascar has killed 18 people and left four missing after making landfall on the island's north earlier this week
1 hour ago
3 hours ago
EPA sets strict emissions standards for heavy-duty trucks and buses in bid to fight climate change
The Environmental Protection Agency has set strict emissions standards for heavy-duty trucks, buses and other large vehicles
3 hours ago
3 hours ago
An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease
3 hours ago
3 hours ago
An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
3 hours ago
March 29
Thailand steps up border control of livestock after anthrax outbreak is reported in neighboring Laos
Thailand’s government has ordered officials to closely monitor livestock along the border with Laos after more than 50 people were reported to have contracted anthrax in the neighboring country
March 29
March 29
Stock market today: Asian shares are mostly higher after another set of Wall St records
Asian shares have ended mostly higher in quiet, Good Friday holiday trading and European and U.S. markets were closed
March 29
March 29
The EU plans to fast-track some financial aid to Egypt. The usual funding safeguards will not apply
The European Union aims to fast-track up to $1.1 billion in financial aid to Egypt, using a funding procedure that bypasses parliamentary oversight and other safeguards
March 29
March 29
Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow
Chinese telecoms gear company Huawei Technologies has reported its profit more than doubled last year as its cloud and digital businesses thrived in spite of U.S. sanctions
March 29
March 29
5 dead and over 100 hospitalized from recalled Japanese health supplements
In the week since a line of Japanese health supplements began being recalled, five people have died and more than 100 people are hospitalized
March 29
March 29
Georgia joins states seeking parental permission before children join social media
Georgia could join other states in requiring children younger than 16 to have their parents’ explicit permission to create social media accounts
March 29
March 29
Migrant workers who helped build modern China have scant or no pensions, and can't retire
China’s first generation of migrant workers played an integral role in the country's transformation from an impoverished nation to an economic powerhouse
March 29
March 29
Activists watch for potential impact on environment as Key Bridge cleanup unfolds
As authorities begin removing twisted wreckage from the the Francis Scott Key Bridge collapse, they’re confronting the potential for environmental fallout
March 29
March 29
Building a new Key Bridge could take years and cost at least $400 million, experts say
Experts say rebuilding Baltimore’s Francis Scott Key Bridge could take anywhere from 18 months to several years
March 29
March 29
Cranes arriving to start removing wreckage from deadly Baltimore bridge collapse
A crane has appeared at the site of a collapsed highway bridge in Baltimore as crews prepare to begin clearing wreckage
March 29
March 29
Network political contributors have a long history. But are they more trouble than they're worth?
NBC News' messy hiring and firing of former Republican National Committee head Ronna McDaniel puts a spotlight on television's practice of paying on-air political contributors
March 29
March 28
Georgia teachers and state employees will get pay raises as state budget passes
Georgia lawmakers are agreeing on pay raises for public school teachers and state employees, although they still have differences to work out in the upcoming budget
March 28
March 28
Ex-Caltrain employee and contractor charged with building secret homes with public funds
Authorities allege that a former employee of Caltrain and a former contractor for the mass transit system connecting Silicon Valley with San Francisco used public funds to build two small apartments for themselves inside two train stations
March 28
March 28
Baltimore bridge collapse puts the highly specialized role of ship's pilot under the spotlight
Two pilots were at the helm of the cargo ship Dali on Tuesday when it lost power and, minutes later, crashed into a pillar of the Francis Scott Key Bridge, causing the bridge to collapse and kill six construction workers
March 28
March 28
Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling
A federal judge in Texas has accused the major banking industry groups and the U.S. Chamber of Commerce of forum shopping in their lawsuit against the Consumer Financial Protection Bureau
March 28
March 28
Youngkin vetoes Virginia bills mandating minimum wage increase, establishing marijuana retail sales
Republican Virginia Gov. Glenn Youngkin has vetoed two top Democratic legislative priorities
March 28
March 28
Patchwork international regulations govern cargo ships like the one that toppled Baltimore bridge
Critics say the patchwork system of safety regulations governing massive cargo ships like the one that toppled a Baltimore bridge this week can allow shippers to skirt oversight
March 28
March 28
Facebook News tab will soon be unavailable as Meta scales back news and political content
Meta will be sunsetting Facebook News in early April for users in the U.S. and Australia as the platform further deemphasizes news and politics
March 28
March 28
California proposal would change how power bills are calculated, aiming to relieve summer spikes
A new proposal from California regulators would change how power companies calculate their customer's bills
March 28
March 28
How major US stock indexes fared Thursday, 3/28/2024
Wall Street coasted to its latest winning month and quarter by rising to more records
March 28
March 28
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for May delivery rose $1.82 to $83.17 per barrel Thursday
March 28
March 28
Georgia lawmakers approve private water utility bypassing county to serve homes near Hyundai plant
Georgia lawmakers have agreed to change a state law so that a private utility can provide water service to homes near Hyundai's upcoming electric vehicle plant without permission from local governments
March 28
March 28
The stock market has skyrocketed to start 2024. Will it continue?
The S&P 500 has climbed 10% this year.
March 28
March 28
A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investors
March 28
March 28
Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles
Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a seller
March 28
March 28
Owning Wrexham is hitting Ryan Reynolds in the wallet. Club owes its celebrity owners more than $11M
Owning a soccer club is hitting Ryan Reynolds in the wallet
March 28
March 28
Kroger is closing 3 spoke facilities in its Texas and Florida e-commerce operations
Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations
March 28
March 28
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a stubbornly low inventory of properties on the market this spring homebuying season
March 28
March 28
The Bankman-Fried verdict, explained
Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency
March 28
March 28
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Stocks that traded heavily or had substantial price changes on Thursday: MillerKnoll, Chemours fall; Verint Systems, RH rise
March 28
March 28
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls
March 28
March 28
Biden administration restores threatened species protections dropped by Trump
The Biden administration has restored rules to protect imperiled plants and animals that had been rolled back under former President Donald Trump
March 28
March 28
The Biden administration has restored threatened species protections dropped during Donald Trump's presidency
The Biden administration has restored threatened species protections dropped during Donald Trump's presidency
March 28
March 28
Latvia's foreign minister will step down after a probe over his office's use of private flights
Latvia’s top diplomat said on Thursday he will step down in the wake of a criminal probe over the use of expensive private flights by his office when he acted as the Baltic country’s prime minister between 2019-2023
March 28
March 28
A timeline of the historic collapse of FTX
Bankman-Fried received a sentence of 25 years in prison on Thursday.
March 28
March 28
Fallen cryptocurrency mogul Sam Bankman-Fried sentenced to 25 years in prison for massive fraud
Fallen cryptocurrency mogul Sam Bankman-Fried sentenced to 25 years in prison for massive fraud
March 28
March 28
Glen Taylor says the T-wolves are no longer for sale. Lore and A-Rod say it's seller remorse
The ownership transfer of the Minnesota Timberwolves has slammed to a halt
March 28
March 28
Ex-Gucci designer Alessandro Michele named the new creative head at Valentino
The former Gucci designer Alessandro Michele has been named the new creative director at Valentino, following the sudden departure last week of Pierpaolo Piccioli after 25 years
March 28
March 28
Federal EV charging stations are key to Biden's climate agenda, yet only 4 states have them
Electric vehicle charging ports are a key part of President Joe Biden’s effort to encourage drivers to move away from gasoline-powered cars and trucks that contribute to global warming, but only four states have them
March 28
March 28
Biden OKs $60M in aid after Baltimore bridge collapse as governor warns of 'very long road ahead'
Maryland Gov. Wes Moore has been granted $60 million in immediate federal aid but warns of a “very long road ahead” after the Baltimore bridge collapse
March 28
March 28
Applications for US unemployment benefits dip to 210,000 in strong job market
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security
March 28
March 28
4 Canadian school boards sue Snapchat, TikTok and Meta for disrupting students' education
Four of the largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning
March 28
March 28
US changes how it categorizes people by race and ethnicity. It's the first revision in 27 years
For the first time in 27 years, the U.S. government is changing how it categorizes people by race and ethnicity
March 28
March 28
US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said in an upgrade from its previous estimate
March 28
March 28
Michelle Yeoh to join business and political leaders at Global Citizen NOW summit to fight poverty
Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced...
March 28
March 28
Ford to trim workforce at plant that builds its F-150 Lightning as sales of EVs slow
About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages next week as sales of the electric pickup trucks slow
March 28