U.S. regulators will review car-tire chemical that kills salmon, upon request from West Coast tribes
U.S. regulators say they will review the use of a chemical found in almost every tire after a petition from West Coast Native American tribes that want it banned because it kills salmon as they return from the ocean to their natal streams to spawn.
NEW YORK — FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.
BRUSSELS — These days, think twice before you lavishly ladle olive oil onto your pasta, salad or crusty bread.
Apple’s sales remained on a downward slope during the summer, resulting in a full year of declining revenue at the technology trendsetter with a long history of steady growth that turned it into the world’s most valuable publicly traded company.
LAS VEGAS — Tens of thousands of Las Vegas hotel workers set a deadline Thursday for a sweeping strike, threatening major disruptions to the city’s economic backbone that could coincide with the Strip’s inaugural Formula 1 races later this month.
WASHINGTON — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.
DETROIT — The United Auto Workers announced Monday that it reached a tentative deal with General Motors, capping a whirlwind few days in which GM, Ford and Stellantis agreed to generous terms that would end the union’s six weeks of targeted strikes, pending approval of the rank and file.
WASHINGTON — A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls.
When Tesla launched the Model X in 2015, the world’s first electric SUV rolled on to a stage towing an Airstream travel trailer. In what seems like unintentional foreshadowing, the $30 billion U.S. recreational vehicle market is now getting the Tesla treatment.
DETROIT — The United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis.
WASHINGTON — A top Google executive testified Thursday that the company’s success is precarious and said its leadership fears their product could slide into irrelevance with younger internet users.
WASHINGTON — Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market.
SAN FRANCISCO — A $4 million marketing campaign touting San Francisco’s resilience, innovation and moxie launches Thursday as the embattled city prepares to host a high-profile global economic summit next month that could boost its image or pile on to its woes.
CEO of a prominent tech conference resigns amid backlash for public statements over Israel-Hamas war
NEW YORK — Paddy Cosgrave, the chief executive officer of a prominent European tech conference called Web Summit, resigned from his role on Saturday amid backlash for his public statements that suggested Israel was committing war crimes.
Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
WASHINGTON — An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned.
NEW YORK — Some of the most used platforms for travel and online shopping said Tuesday they’re going to team up to battle fake reviews.
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits.
NEW YORK — A former FTX executive and onetime billionaire testified against the cryptocurrency exchange’s founder, Sam Bankman-Fried, on Monday at his fraud trial, saying his admiration for him faded as he watched excessive spending on investments, property and celebrities precede a $13 billion shortfall that left him feeling “blindsided and horrified.”
Sony’s Access controller for the PlayStation aims to make gaming easier for people with disabilities
SAN MATEO, Calif. — Paul Lane uses his mouth, cheek and chin to push buttons and guide his virtual car around the “Gran Turismo” racetrack on the PlayStation 5. It’s how he’s been playing for the past 23 years, after a car accident left him unable to use his fingers.
A majority of Americans support higher pay for auto workers who are on strike against Detroit’s Big Three carmakers, although approval of the workers’ other demands is more mixed, according to a poll from The Associated Press-NORC Center for Public Affairs Research.