New US sanctions against Russia target weapons development, ban uranium imports for nuclear power
The United States has imposed new sanctions on hundreds of companies and people tied to Russiaโs weapons development program, as well as more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties.
Elimination of Tesla's charging department raises worries as EVs from other automakers join network
Elon Muskโs move to lay off the department responsible for Teslaโs electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Teslaโs network.
J&J subsidiary proposes paying about $6.48B over 25 years to settle talc ovarian cancer lawsuits
A subsidiary of Johnson & Johnson is now proposing paying approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian cancer.
Stock market today: Wall Street swings after Fed keeps interest rates high, downplays odds of a hike
U.S. stocks finished mixed after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if theyโre delayed because of stubbornly high inflation.
Judge dismisses Meta shareholder lawsuit claiming that directors' obligations extend beyond company
A Delaware judge has dismissed a shareholder lawsuit asserting novel claims about the roles of corporate leaders and arguing that the loyalties of Meta directors and company founder Mark Zuckerberg should not lie exclusively with the social media giant.
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesnโt plan to cut interest rates until it has โgreater confidenceโ that price increases are slowing sustainably to its 2% target.
Trial begins for financial executive in insider trading case tied to taking Trump media firm public
An insider trading trial has begun for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm was taking former President Donald Trump's media company public.
Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media
A Delaware judge has granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a merger-related lawsuit filed by two cofounders of the company.
Fired Google workers ousted over Israeli contract protests file complaint with labor regulators
Dozens of Google workers who were fired after internal protests surrounding a lucrative contract that the internet company has with the Israeli government have filed a complaint with labor regulators in an attempt to get their jobs back.
Eight U.S. newspapers sue ChatGPT-maker OpenAI and Microsoft for copyright infringement
A group of eight U.S. newspapers is suing ChatGPT-maker OpenAI and Microsoft, alleging that the technology companies have been โpurloining millionsโ of copyrighted news articles without permission or payment to train their artificial intelligence chatbots.
US poised to ease restrictions on marijuana in historic shift, but it'll remain controlled substance
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
New Jersey seeks fourth round of offshore wind farm proposals as foes push back
New Jersey is seeking a new round of proposals to build wind energy farms off its coastline, forging ahead with its clean energy goals even as local opposition and challenging economics create blowback to the effort.
EPA bans consumer use of a toxic chemical widely used as a paint stripper but known to cause cancer
The Environmental Protection Agency has finalized a ban on consumer uses of methylene chloride, a chemical widely used as a paint stripper but known to cause liver cancer and other health problems.
Workers' paychecks grew faster in the first quarter, a possible concern for the Fed
Pay and benefits for Americaโs workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve.
Meta under fire from European Union for not doing enough about election disinformation
The European Union says itโs investigating Facebook and Instagram for suspected violations of the blocโs digital rulebook, including not doing enough to protect users from foreign disinformation ahead of EU-wide elections.
Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
Months after a catastrophic fire burned more than 2,200 homes and killed 101 people in Hawaii, some property owners are getting more bad news โ their property insurance wonโt be renewed because their insurance company has deemed the risk too high.
Supreme Court will hear case claiming CBD product got trucker fired
The Supreme Court will hear an appeal from a Vista, California, CBD hemp oil company fighting a lawsuit from a truck driver who says he got fired after using a product falsely advertised as being free from the active ingredient in marijuana.
Tesla's stock leaps on reports of Chinese approval for the company's driving software
Shares of Tesla stock have rallied more than 15% after the electric vehicle maker's CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.
Supreme Court rejects Musk appeal over social media posts that must be approved by Tesla
The Supreme Court has rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some social media posts that relate to Tesla, the electric vehicle company he leads.
Seeking engagement and purpose, corporate employees turn to workplace volunteering
Employees increasingly find that robust workplace volunteer programs meet their desires for in-person connections, professional growth and altruistically inclined employers โ career objectives that might be missing in conventional corporate atmospheres.
Dubai plans to move its busy international airport to a $35 billion new facility within 10 years
Dubai International Airport, the worldโs busiest for international travel, will move its operations to the city-stateโs second, sprawling airfield in its southern desert reaches โwithin the next 10 yearsโ in a project worth nearly $35 billion.
United Auto Workers reaches deal with Daimler Truck, averting potential strike in North Carolina
The United Auto Workers union announced it reached a last-minute tentative agreement with truck and bus manufacturer Daimler Truck on Friday evening, averting a potential strike of more than 7,000 workers.
Instagram, YouTube the biggest likely winners of TikTok ban but smaller rivals could rise too
While a bill to ban TikTok if it doesn't change owners has received President Joe Biden's signature, it could still be years before the popular video-sharing app is actually blocked from U.S. app stores โ if it is blocked at all.