TSMC begins producing 4-nanometer chips in Arizona, Raimondo says
IMF chief sees steady world growth in 2025, continuing disinflation
Justice Department says there are 'credible reports' law enforcement took part in 1921 Tulsa massacre
Why does the US want to ban TikTok? The allegations against it
Canada is preparing to strike back hard with retaliatory tariffs if Trump starts a trade war
Biden and Zelenskiy discuss US support for Ukraine, sanctions, air defenses
LA Rams head for Arizona and a crucial playoff game with their minds on their fire-ravaged hometown
Pelicans suspend Zion Williamson for 1 game against 76ers for violation of team policies
Lakers coach JJ Redick, Kentucky Derby-winning jockey Mario Gutierrez lose their homes in wildfires
Asia|Business|Economy|News
US companies are picky about investing in China. The exceptions? Burgers and lattes
It was a tumultuous 2023 for the Chinese economy
December 28, 2023Business
Asia|Business|Entertainment|Technology
China approves 105 online games after draft curbs trigger massive losses
China's authority in charge of press and publications has approved 105 online games, saying it fully supports the industry after newly proposed curbs caused massive losses for major game companies
December 25, 2023
Business|Europe|Technology
China's BYD to build its first European electric vehicle factory in Hungary
One of the world’s largest electrical vehicle manufacturers, China’s BYD, will open its first European EV production factory in Hungary, the country’s foreign minister said on Friday
December 22, 2023
Business|Technology|US
Apple loses latest bid to avert patent dispute that has halted online U.S. sales of 2 watch models
Apple on Thursday stopped online sales of two popular models of its internet-connected watch in the U.S. after losing its latest attempt to untangle a patent dispute that’s blocking it from using some of the technology on the device
December 21, 2023
Business|Technology
Electric scooter Bird Global steers into bankruptcy protection in bid to repair its finances
Electric scooter company Bird Global announced Wednesday that it has filed for bankruptcy protection in an attempt to stabilize its wobbly finances
December 21, 2023
Entertainment|Sports
Local broadcasts for 11 NHL teams will remain on Bally Sports after agreement
The NHL and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 11 teams on Bally Sports through the end of this season
December 21, 2023
Asia|Business|Economy|Finance|News|Stock Markets|Technology
China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters
China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo
December 20, 2023
Business|Europe|Finance
German railway operator Deutsche Bahn launches effort to sell logistics unit Schenker
Germany’s main national railway operator Deutsche Bahn has launched an effort to sell logistics unit DB Schenker as the company seeks to concentrate on its core business at home
December 19, 2023
Business|Economy|Europe|News
Germany's economy seen shrinking again in the current quarter as business confidence declines
Germany's central bank says the country's economy is likely to shrink again slightly in the current fourth quarter
December 18, 2023
Asia|Business|Economy|Finance|Stock Markets|World
Stock market today: Asian shares are mixed. Japan's central bank keeps its monetary policy unchanged
Asian shares are mixed after a seven-week winning streak on Wall Street cooled
December 18, 2023
Business|Europe|Finance|Technology
Amazon won't have to pay hundreds of millions in back taxes after winning EU case
Amazon won’t have to pay about $273 million in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant
December 14, 2023
Business|Finance|News
BP denies ex-CEO Looney a $41 million payout, saying he misled the firm over work relationships
BP says its former chief executive has been denied a payout of 32.4 million pounds, or $41 million, after he was found to have misled the company over his past relationships with colleagues
December 13, 2023
Business|Travel
Newest, bluest resort on Las Vegas Strip aims to bring Miami Beach vibe to southern Nevada
A towering new tower aiming for the vibe of Miami Beach’s venerable Fontainebleau resort is opening on the Las Vegas Strip
December 13, 2023
Asia|Economy|News
Chinese leaders consider next steps for economy as debt and deflation cloud outlook for coming year
State media say Chinese leaders have wrapped up a two-day annual meeting to set economic priorities for the coming year
December 12, 2023
Business|Economy|Finance
SmileDirectClub shuts down months after filing for Chapter 11 bankruptcy protection
SmileDirectClub is shutting down — just months after the struggling teeth-straightening company filed for bankruptcy protection
December 11, 2023
Business|News|US
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
A former U.S. Navy SEAL who says he shot Osama bin Laden is at the center of a much different fight over plans to open a military-themed brewery in Norfolk, Virginia
December 10, 2023
Business|Food|News|US
In a reversal, Starbucks proposes restarting union talks and reaching contract agreements in 2024
Starbucks says it’s committed to bargaining with its unionized workers and reaching labor agreements next year
December 08, 2023
Business|Economy|News|US
Unionized DHL Express workers strike at critical Cincinnati air cargo hub
More than 1,100 unionized DHL Express workers walked off the job at Cincinnati/Northern Kentucky International Airport (CVG), a critical logistics hub for the package delivery company, during the busiest time of the year
December 08, 2023
Business|News
Levi's CEO Chip Bergh to step down in January, handing over leadership to former CEO of Kohl's
Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor
December 07, 2023
Business|Economy|Finance|Stock Markets|Technology
Uber set to join the S&P 500 index in latest sign of a turnaround for the ride-hailing service
Uber's stock is set to join the S&P 500 index later this month
December 04, 2023
Business|Crime|Lifestyle|Technology
Vacuum tycoon Dyson loses a libel case against a UK newspaper for a column on his support of Brexit
Billionaire vacuum cleaner tycoon James Dyson has lost a libel lawsuit against the Daily Mirror
December 01, 2023
Celebrity|Entertainment
Judge extends pause on John Oates' sale of stake in business with Daryl Hall as arbitration proceeds
A judge has sided with Daryl Hall in his request to keep temporarily blocking John Oates from selling his potentially lucrative share of the Hall & Oates duo’s joint venture without his longtime partner’s permission
November 30, 2023
Business|Finance|Technology
Blackstone acquires pet care app Rover in $2.3 billion all-cash deal
Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday
November 29, 2023
Asia|Business|Technology
Chinese AI firm SenseTime denies research firm Grizzly's claim it inflated its revenue
SenseTime, a major Chinese artificial intelligence company known for its facial recognition technology, has rejected claims by a research company that it has inflated its revenue
November 28, 2023
Business|Celebrity|Entertainment|News
Daryl Hall is suing John Oates over plan to sell stake in joint venture. A judge has paused the sale
Daryl Hall has sued his longtime music partner John Oates, arguing that his plan to sell off his share of a joint venture would violate a business agreement the duo had
November 24, 2023
Business|Crime|News|Technology
Clorox's cyber chief leaves as recovery from cyberattack continues - Bloomberg News
Clorox's chief information security officer, Amy Bogac, has left the company as it works to recover from a cyberattack, Bloomberg News reported on Wednesday, citing an internal memo.
November 15, 2023
Business|Environment|Europe
Siemens Gamesa scraps plans to build blades for offshore wind turbines on Virginia's coast
A European company has cancelled plans to build blades for offshore wind turbines in coastal Virginia
November 10, 2023
Business|Finance|Stock Markets
Drinks giant Diageo sees share price slide after warning about sales in Caribbean and Latin America
Spirits and beer giant Diageo saw billions wiped off its market value on Friday after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits
November 10, 2023
Arts|Business|Entertainment|Lifestyle|News|Technology
Jezebel, an incisive feminist voice since the height of the blogosphere era, is shutting down
Jezebel, the sharp-edged feminist website founded at the height of blogosphere era, is shutting down after 16 years
November 09, 2023
Business|Economy|Europe|Finance|News|Technology
Apple hits setback in dispute with European Union over tax case
Apple might end up on the hook after all for billions of euros in back taxes to Ireland in the latest twist in a longrunning European Union dispute
November 09, 2023
Business|Europe|Finance
JPMorgan, Bpifrance to invest $60M in French female-led funds
JPMorgan on Wednesday said it is teaming up with Bpifrance to invest around $60 million in private investment firms led by women in France, where the bank has its
November 08, 2023
Business|Entertainment|Finance|Technology
Japan's Nintendo profits jump as its game sales get a boost from the hit Super Mario movie
Nintendo is reporting an 18% rise in its net profit for the first fiscal half, as sales were boosted by its hit Super Mario movie
November 07, 2023
Business|Economy|Entertainment|Finance|US
Walt Disney Co. names PepsiCo's Hugh Johnston as chief financial officer
The Walt Disney Co. on Monday named 34-year PepsiCo veteran Hugh Johnston as its new chief financial officer
November 06, 2023
Business|News|US
Washington Post names veteran media executive Will Lewis as its new publisher and CEO
The Washington Post has named veteran media executive Will Lewis to serve as its new CEO and publisher
November 05, 2023
Business|News|Technology
New vehicles from Detroit's automakers are planned in contracts that ended UAW strikes
Stellantis plans to build a new midsize pickup truck, along with battery-run versions of six Jeep, Ram and Dodge vehicles
November 04, 2023
Business|Lifestyle
Amazon closing two clothing stores in another failed bid into physical retail
Amazon is saying goodbye to its clothing stores
November 02, 2023
Business|Technology
Apple's sales fall for the fourth straight quarter despite a strong start for latest iPhones
Apple’s sales remained on a downward slope during the summer
November 02, 2023
Business|US
National Association of Realtors CEO stepping down; ex Chicago Sun-Times CEO tapped as interim hire
The CEO of the National Association of Realtors is stepping down nearly two months before his planned retirement
November 02, 2023
Business|Economy|Finance
Beyond Meat cuts non-production workforce by 19% with demand for plant-based meat weak
Beyond Meat is cutting 19% of its non-production workforce after a weaker-than-expected third quarter
November 02, 2023
Business|Finance|Food
Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year
Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants
November 02, 2023
Business|Economy|Technology
DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses
DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently
November 01, 2023
Environment|Europe|News|Technology
3 energy companies compete to build a new nuclear reactor in the Czech Republic
Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP, have submitted their final bids to build the Czech Republic’s newest reactor at the Dukovany nuclear power station as the country strives to become more energy-independent and wean itself off fossil fuels
October 31, 2023
Business|Economy|Finance|Technology
Samsung reports improved profit as its chip business losses narrow
Samsung Electronics has reported its highest quarterly profit for the year
October 31, 2023
Business|Economy|Food|News
McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations
McDonald’s said Monday it’s pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers
October 30, 2023
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Asian shares mostly fall as investors look ahead to economic data
Asian shares are trading mostly lower as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market
October 30, 2023
Business|Economy|Finance|Stock Markets
Haslams say Warren Buffett's Berkshire wants to take money out of their pockets in truck stop deal
The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family’s remaining 20% stake in the Pilot Travel Centers truck stop company after paying nearly $11 billion since 2017 for the first 80% it bought
October 27, 2023
Business|Finance|Technology|US
Huawei reports its revenue inched higher in January-September despite US sanctions
Chinese telecoms equipment maker Huawei Technologies has reported its profit inched higher in the first three quarters of this year despite persisting U.S. sanctions that have hindered both its sales and its purchases of advanced technology
October 27, 2023
Business|Technology
Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline
One year ago, billionaire Elon Musk walked into Twitter’s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X
October 27, 2023
Business|Economy|Technology
AIs could soon run businesses – it’s an opportunity to ensure these 'artificial persons' follow the law
If a business is run by an AI and it causes you harm, could you sue the AI?
October 26, 2023
Europe|News|World
Business owners in a Ukrainian front-line city adapt even as 'a missile can come at any moment'
Russia's deadly attack on a beloved pizzeria in eastern Ukraine in June was painful for residents
October 26, 2023
Business|Entertainment|Lifestyle|Sports|US
Bud Light to return as the UFC's official beer next year as it recovers from a conservative backlash
Bud Light is set to return as the official beer of the UFC in the U.S. next year as the brand tries to recover from a conservative backlash to a promotion with a transgender influencer
October 25, 2023
Business|Economy|Technology|US
Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025
Construction of Hyundai's first U.S. plant dedicated to making electric vehicles is moving quickly
October 25, 2023
Business|Economy|Finance|Technology
Boeing loses $1.6 billion on fewer deliveries of airliners and higher costs for Air Force One
Boeing is reporting a loss of $1.64 billion in the third quarter
October 25, 2023
Business|Sports|Technology
The booming business of F1 to be explored in CNBC documentary airing ahead of Las Vegas Grand Prix
Formula One fanatics will get more behind-the-scenes access to the global motorsports series through a new CNBC documentary that explores the business aspects of the highest form of racing in the world
October 24, 2023
Business|Economy|Finance
Coke raises full-year sales forecast after stronger-than-expected 3rd quarter
Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter
October 24, 2023
Business|Economy
Qatar Airways CEO will step down after nearly 3 decades leading carrier
Qatar Airways Group chief executive Akbar Al Baker is stepping down after 27 years at the helm of the company
October 23, 2023
Business|Economy|Finance
American Airlines lost $545 million in the third quarter on higher labor costs while rivals prosper
American Airlines is reporting a $545 million loss for the third quarter due to higher labor costs
October 19, 2023
Asia|Finance|Stock Markets|US
Stock market today: Asian shares slip further as higher US 10-year Treasury yield pressures Wall St
Asian shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street
October 19, 2023
Business|Economy|Finance|US
Thrift store chain case was no bargain for Washington attorney general; legal fees top $4.2 million
Washington Attorney General Bob Ferguson’s long-running legal case against the thrift store chain Savers Value Village turned out to be no bargain, as the state has been ordered to pay the company nearly $4.3 million in legal fees
October 18, 2023
Business|Economy|Finance|Technology
Tesla's price cuts eat into Cybertruck maker's profits as net income plunges 44% in the 3rd quarter
Tesla has reported that its net income slumped in the third quarter versus a year earlier
October 18, 2023
Asia|Business|Technology|World
Major solar panel plant opens in US amid backdrop of industry worries about low-priced Asian imports
A South Korean company has begun production at a huge solar panel factory in Georgia
October 18, 2023
Business|MidEast|News|Travel|World
A busy summer pushes United Airlines to a $1.14 billion profit, but fuel cost will hurt 4Q results
The summer travel season was very good for U.S. airlines, but rising fuel prices and the Israel-Hamas war are setting up a turbulent fourth quarter
October 17, 2023
Crime|Environment|Health
Maryland medical waste incinerator to pay $1.75M fine for exposing public to biohazardous material
A medical waste processing company has pleaded guilty to dozens environment-related charges and agreed to pay $1.75 million in fines after state prosecutors accused a south Baltimore incineration plant of exposing the public to biohazardous material
October 17, 2023
Business|Finance
Wyndham rejects $8 billion unsolicited buyout offer after Choice Hotels goes public with its bid
Wyndham says its board is unanimously rejecting Choice Hotels' unsolicited buyout offer worth nearly $8 billion
October 17, 2023
Business|Finance|Technology
Rolls-Royce is cutting up to 2,500 jobs in an overhaul of the UK jet engine maker
Jet engine maker Rolls-Royce says it’s cutting up to 2,500 jobs globally as part of a corporate overhaul that its new CEO is carrying out
October 17, 2023
News|Political|US
A Supreme Court dispute over a $15,000 IRS bill may be aimed at a never-enacted tax on billionaires
Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they believe is unconstitutional
October 15, 2023
Business|Europe|Finance|US
EU orders biotech giant Illumina to unwind $7.1 billion purchase of cancer-screening company Grail
The European Union is ordering U.S. biotech giant Illumina to undo its $7.1 billion purchase of cancer-screening company Grail because it closed the deal without approval of regulators
October 12, 2023
Business|Economy|News|US
After troubled start, New York is shaking up its legal marijuana market with new competitors
New York is dramatically expanding a legal marijuana market plagued by a sluggish rollout of retail stores
October 12, 2023
Business|Economy|Finance|Technology|US
The IRS says Microsoft may owe about $29 billion in back taxes. Microsoft disagrees
The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest
October 11, 2023
Business|Economy|News|US
Planned purchase of old Louisiana shipyard put on hold amid questions from state financing panel
Plans by the Port of South Louisiana to purchase what was once a major shipyard for construction of military vessels have been delayed
October 11, 2023
Business|Finance|Stock Markets|US
Birkenstock stumbles on Wall Street as investors find sandal maker's shares too pricey
Birkenstock shares have tumbled in their debut on the New York Stock Exchange as Wall Street traded in its wingtips for sandals for a day
October 11, 2023
Business|Finance|Stock Markets
Birkenstock prices its initial public offering of stock valuing the sandal maker at $8.64 billion
Birkenstock has set a price for its initial public offering of stock that values the 249-year-old German maker of upmarket sandals at $8.64 billion
October 10, 2023
Arts|Food|Technology
From Coke floats to Cronuts, going viral can have a lasting effect on a small business
Lexington Candy Shop has had a line outside for over a year since a TikTok of its Coke float went viral
October 08, 2023
Business|US
Starbucks must disclose spending on response to union campaign, judge rules
Starbucks Corp must provide U.S. regulators with documents detailing its spending on efforts to discuss unionizing with workers, part of the agency's probe into whether
October 06, 2023
Business|Economy|Finance|Stock Markets
Shares in troubled British lender Metro Bank bounce back by a third as asset sale speculation swirls
Shares in the troubled British lender Metro Bank have bounced back by a third on reports that it has been sounding out bigger rivals to buy a chunk of its assets
October 06, 2023
Business|Finance|US
Berkshire Hathaway's Charlie Munger gives $40 million in stock to California museum
Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past
October 05, 2023
Opinion|Technology
What today’s labor leaders can learn from the explosive rise and quick fall of the typesetters union
History suggests that there’s risk of overplaying one’s hand when new technology is lurking.
October 05, 2023
Business|Finance|Technology|Travel
United Airlines makes 2nd large order for new planes in less than a year as it renews its fleet
United Airlines is making its second large order of new planes in less than a year, again seeking a mix of 110 aircraft from Boeing and rival Airbus as it renews its fleet
October 03, 2023
Sports
Mavs and Timberwolves play in Abu Dhabi as Gulf region’s influence with the NBA grows
The NBA returns to Abu Dhabi this week
October 03, 2023
Business|Economy|Finance|News|US
Fed's Powell gets an earful about inflation and interest rates from small businesses
Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington
October 02, 2023
Uncategorized
James Dolan's sketch of the Sphere becomes reality as the venue opens with a U2 show in Las Vegas
It started as a crude sketch of a circle with a stick person inside
September 29, 2023
Business|Entertainment|Technology
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer
September 28, 2023
Business|Europe|Technology|Travel
EU Commission blocks Booking's planned acquisition of flight booking provider Etraveli
The European Union’s executive arm is blocking leading U.S. online travel agency Booking from acquiring Sweden’s flight booking provider Etraveli Group
September 25, 2023
Celebrity|Sports
Anti-Defamation League says Adidas CEO apologizes for misstatement about Kanye West
The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company’s fight to end antisemitism
September 21, 2023
Arts
Tech companies try to take AI image generators mainstream with better protections against misuse
Artificial intelligence tools that can conjure whimsical artwork or realistic-looking images from written commands started wowing crowds last year
September 21, 2023
Asia|Business|Finance|Stock Markets|Technology
Japan's troubled Toshiba to delist after takeover by Japanese consortium succeeds
Toshiba says a 2 trillion yen ($14 billion) tender offer for the troubled electronics and energy giant by a Japanese consortium has been completed, clearing the way for it to be delisted
September 21, 2023
Americas|Asia|Business|Economy|Finance|Political|US
State governors from Arizona, New Mexico seek stronger economic ties with Taiwan
Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states
September 20, 2023
Business|Entertainment|Finance
Disney pouring $60 billion into theme parks, cruises over the next 10 years
The Walt Disney Co. is planning to invest approximately $60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments
September 19, 2023
Business|Economy|Technology|US|World
Foreign firms in China say vague rules and tensions with Washington hurting business, surveys show
Foreign companies operating in China say tensions with Washington over technology, trade and other issues and uncertainty over Chinese policies are damaging the business environment and causing some to reassess their plans for investing in the giant market
September 19, 2023
News|Sports
Phoenix racetrack to end live racing, which means its OTB sites will close
Turf Paradise, a racetrack that has been a staple of horse racing in Arizona for decades, announced Monday it will cease live racing
September 19, 2023
Business|Technology
Microsoft's chief product exec to step down. Panos Panay was behind Surface devices and Windows 11
A top product executive at Microsoft who launched its Surface line of devices and Windows 11 is leaving the company
September 18, 2023
Business|Economy|Technology|World
Turkey's President Erdogan and Elon Musk discuss establishing a Tesla car factory in Turkey
Turkish President Recep Tayyip Erdogan has called on Elon Musk, the head of electric carmaker Tesla, to establish a factory in Turkey
September 18, 2023
Africa|Economy|Technology|US
In San Francisco, Kenya's president woos American tech companies despite increasing taxes at home
Kenya’s president is wooing American tech companies, promising a business-friendly environment — even though he has raised taxes on businesses at home
September 15, 2023
Business|Celebrity|Entertainment
Diddy made music a priority over businesses to create 'The Love Album - Off the Grid'
If Sean “Diddy” Combs had a choice, the self-proclaimed serial entrepreneur would be hunkered down in a recording studio rather than running his many successful businesses
September 14, 2023
Business|News|Technology
Longtime Starbucks leader Howard Schultz steps down from the coffee chain's board
Longtime Starbucks leader Howard Schultz is stepping down from the company’s board of directors
September 13, 2023
Business|Technology
Apple’s new iPhones get faster chips, better cameras and new charging ports
Apple on Tuesday unveiled its next generation of iPhones — a lineup that will boast better cameras, faster processors, a new charging system and a price hike for the fanciest model
September 11, 2023