General Motors will record a negative impact of $1.6 billon in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. Shares dipped 3% before the opening bell Tuesday. The EV tax credit ended last month. The clean vehicle tax credit was worth $7,500 for […]
WASHINGTON (AP) — For many years, American and Chinese scholars worked shoulder to shoulder on cutting-edge technologies through open research, where findings are freely shared and accessible to all. But that openness, a long-standing practice celebrated for advancing knowledge, is raising alarms among some U.S. lawmakers. They are worried that China — now considered the […]
JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security. The investment plan revealed Monday will focus on four areas: supply chain and advanced manufacturing in critical minerals, pharmaceutical precursors and robotics; defense and aerospace; energy independence, with investments in battery storage and grid resilience; and strategic […]
NEW YORK (AP) — Prince Harry and Meghan Markle urged parents to stand against social media companies that they said prey upon children with exploitative algorithms as the “explosion of unregulated artificial intelligence” adds to their concerns that technologies’ benefits are inseparable from its dangers. To underscore that point, the Duke and Duchess of Sussex […]
MALIBU, Calif. (AP) — Kiss rock star Gene Simmons is recovering after he fainted while driving along the Pacific Coast Highway in Malibu and crashed his SUV into a parked car, authorities said. Simmons, a co-founder and bassist for the legendary band, was evaluated at a hospital Tuesday before being released. He posted on social […]
NEW YORK (AP) — Federal prosecutors told a judge Wednesday that no harm was done to prospects for a fair trial after two U.S. Justice Department officials reposted potentially inflammatory comments President Donald Trump made about Luigi Mangione after he was charged with assassinating UnitedHealthcare’s CEO. They said in a written submission in Manhattan federal […]
LONDON (AP) — Lingering doubts about the economic promise of artificial intelligence technology are starting to get the attention of financial institutions that raised warning flags this week about an AI investment bubble. Officials at the Bank of England on Wednesday flagged the growing risk that tech stock prices pumped up by the AI boom […]
SIOUX FALLS, S.D. (AP) — When Rob Coverdale started his job in 2023 as superintendent of the K-12 Crow Creek Tribal School in South Dakota, there were 15 unfilled teaching positions. Within nine months, he had filled those vacancies with Filipino teachers, the majority of whom arrived on the H-1B, a visa for skilled workers […]
NEW YORK (AP) — As the end of 2025 approaches, a viral TikTok trend is helping people achieve their wellness goals: “The Great Lock In” encourages participants to finish the year strong by fully focusing on their life goals from Sept. 1 through Dec. 31. Many people focus on exercise or eating healthier. But the […]
FRANKFORT, Ky. (AP) — Kentucky’s attorney general claimed Tuesday that the online gaming platform Roblox has become a “playground for predators” as he announced a lawsuit accusing the company of lax child safety measures. The Kentucky suit, filed by his office Monday in a state court, is the latest action alleging that the wildly popular […]
NEW YORK (AP) — Tesla announced the rollout of a new, cheaper version of its best-selling electric car on Tuesday in hopes the offering will help revive flagging sales. The new Model Y, costing just under $40,000 with a stripped-down interior, follows a slump in Tesla sales covering most of the past year due to […]
NEW YORK (AP) — The U.S. government shutdown is waving a caution flag at private companies racing to make the move to the public market. The market for initial public offerings has been on a years-long recovery after spiking inflation slammed the brakes on activity in 2022. The IPO market is already on track for […]
The U.S. Supreme Court on Monday refused to protect Google from a year-old order requiring a major makeover of its Android app store that’s designed to unleash more competition against a system that a jury declared an illegal monopoly. The rebuff delivered in a one-sentence decision by the Supreme Court means Google will soon have […]
SEATTLE (AP) — In what appears to be the first major challenge to the new $100,000 fee required for H-1B visa applications, a coalition of health care providers, religious groups, university professors and others filed a federal lawsuit Friday to stop the plan, saying it has “thrown employers, workers and federal agencies into chaos.” President […]
OpenAI could now be the world’s most valuable startup, ahead of Elon Musk’s SpaceX and TikTok’s parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker. Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company’s valuation […]
NEW YORK (AP) — Tesla reported a surprise increase in sales in the third-quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to […]
MANILA, Philippines (AP) — Asian shares advanced on Thursday, tracking Wall Street’s rise to records despite the the shutdown of the U.S. government. Technology shares jumped on expectations of higher demand for computer chips due to a partnership between South Korean tech and OpenAI. U.S. futures and oil prices also rose. South Korea’s Kospi climbed […]
HARRISBURG, Pa. (AP) — Federal transportation safety officials told Philadelphia’s mass transit agency this week that it should shelve an aging electric railcar model that is heavily used in its regional rail fleet until it figures out how to stop them from catching fire. The recommendation from the National Transportation Safety Board came after it […]
NEW YORK (AP) — It’s official: AOL’s dial-up internet has taken its last bow. AOL previously confirmed it would be pulling the plug on Tuesday (Sept. 30) — writing in a brief update on its support site last month that it “routinely evaluates” its offerings and had decided to discontinue dial-up, as well as associated […]
The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada. The Department of Energy will take a 5% equity stake in the miner, which is based in Vancouver. It will also take a 5% stake in the Thacker Pass […]
If the future of the internet looks like a constant stream of amusing videos generated by artificial intelligence, then OpenAI just placed its stake in an emerging market. The company behind ChatGPT released its new Sora social media app on Tuesday, an attempt to draw the attention of eyeballs currently staring at short-form videos on […]
SAN FRANCISCO (AP) — Police in Northern California were understandably perplexed when they pulled over a Waymo taxi after it made an illegal U-turn, only to find no driver behind the wheel and therefore, no one to ticket. The San Bruno Police Department wrote in now viral weekend social media posts that officers were conducting […]
NEW YORK (AP) — OpenAI is turning ChatGPT into a virtual merchant that can help sell goods for Etsy and Shopify as the artificial intelligence company looks for new revenue in online commerce. ChatGPT users can now buy directly from Etsy sellers while interacting with the chatbot and will soon be able to do the […]
More online platforms are giving secondhand shopping a digital upgrade, rolling out features like livestream shopping and AI-powered search to make thrifting faster and more exciting. Although choosing secondhand over new is often the more sustainable option, experts say it’s not a license to overconsume. They warn that resale has its limits, since buying more […]
