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Stock market today: Asian stocks mixed at the start of a holiday-shortened week
Read full article: Stock market today: Asian stocks mixed at the start of a holiday-shortened weekAsian markets are mixed after stocks on Wall Street shook off a choppy start to finish higher on Monday, as it kicked off a holiday-shortened week.
Biden will decide on US Steel acquisition after influential panel fails to reach consensus
Read full article: Biden will decide on US Steel acquisition after influential panel fails to reach consensusA powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel.
Government regulators close investigation into Ford Focus recalls
Read full article: Government regulators close investigation into Ford Focus recallsGovernment safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns.
AI will eavesdrop on world's wildest places to track and help protect endangered wildlife
Read full article: AI will eavesdrop on world's wildest places to track and help protect endangered wildlifeA biologist hid 350 audio monitors across Costa Rica’s tropical rainforests to spy on endangered spider monkeys in order to help protect them.
Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal
Read full article: Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion dealCentury-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.
An analyst looks ahead to how the US economy might fare under Trump
Read full article: An analyst looks ahead to how the US economy might fare under TrumpPresident-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally.
Congress is looking to ban Chinese drones that are widely used in US. What to know about the debate
Read full article: Congress is looking to ban Chinese drones that are widely used in US. What to know about the debateThe economic and technological rivalry between the U.S. and China has come to the drone market.
A Maui program kept Lahaina families together by paying households to take in fire survivors
Read full article: A Maui program kept Lahaina families together by paying households to take in fire survivorsAs many as one-third of people displaced by the August 2023 Maui fires wound up in the homes of friends and family in the weeks after the disaster.
The Container Store, buffeted by rough housing market and competition, seeks bankruptcy protection
Read full article: The Container Store, buffeted by rough housing market and competition, seeks bankruptcy protectionThe Container Store has filed for bankruptcy protection, as the storage and organizational goods retailer with roots dating back to 1978 grapples with mounting losses and cash flow shortages.
The internet is rife with fake reviews. Will AI make it worse?
Read full article: The internet is rife with fake reviews. Will AI make it worse?Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory.
What a merger between Nissan and Honda means for the automakers and the industry
Read full article: What a merger between Nissan and Honda means for the automakers and the industryJapanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.
Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil
Read full article: Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoilRomanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu.
Nissan and Honda to attempt a merger that would create the world's No. 3 automaker
Read full article: Nissan and Honda to attempt a merger that would create the world's No. 3 automakerJapanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels.
Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them
Read full article: Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban themThe economic and technological rivalry between the U.S. and China has come to the drone market, where Chinese-made flying devices are a dominant player in America.
'Sonic 3' bests 'Mufasa: The Lion King' at the box office
Read full article: 'Sonic 3' bests 'Mufasa: The Lion King' at the box officeIn the holiday season battle of big-budget family movies, Paramount Pictures’ “Sonic the Hedgehog 3” sped past the Walt Disney Co.’s “Mufasa: The Lion King” to take the top spot at the box office.
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?
Read full article: A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.
Bluesky finds with growth comes growing pains — and bots
Read full article: Bluesky finds with growth comes growing pains — and botsBluesky has seen its user base soar since the U.S. presidential election, boosted by people seeking refuge from Elon Musk’s X, or wanting an alternative to Meta’s Threads and its algorithms.
Isolated Chicago communities secure money for a coveted transit project before Trump takes office
Read full article: Isolated Chicago communities secure money for a coveted transit project before Trump takes officeDecades after a former Chicago mayor pledged to extend transit to the city’s far South Side, the federal government is committing to the massive project just before President Joe Biden leaves office.
Amazon and Starbucks workers are on strike. Trump might have something to do with it
Read full article: Amazon and Starbucks workers are on strike. Trump might have something to do with itAmazon delivery drivers and Starbucks baristas are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract.
Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died
Read full article: Ex-OpenAI engineer who raised legal concerns about the technology he helped build has diedSuchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials.
Biden signs bill that averts a government shutdown and brings a close to days of Washington upheaval
Read full article: Biden signs bill that averts a government shutdown and brings a close to days of Washington upheavalPresident Joe Biden has signed a bill into law that averts a government shutdown.
Farmers are still reeling months after Hurricane Helene ravaged crops across the South
Read full article: Farmers are still reeling months after Hurricane Helene ravaged crops across the SouthFarmers in Georgia are still reeling more than two months after Hurricane Helene blew away cotton, destroyed ripened squash and cucumbers and uprooted pecan trees and timber.
NTSB trying to determine why tractor-trailer stopped on train tracks before deadly West Texas crash
Read full article: NTSB trying to determine why tractor-trailer stopped on train tracks before deadly West Texas crashFederal officials investigating the deadly West Texas collision between at Union Pacific train and a tractor-trailer hauling heavy equipment are trying to determine why the tractor-trailer was stopped on the tracks.
Deal spares federal workers before Christmas but there's concern about possible job cuts under Trump
Read full article: Deal spares federal workers before Christmas but there's concern about possible job cuts under TrumpJohnny Zuagar says he tried to hide his worries about a potential government shutdown from his three boys as he weighs how much to spend on Christmas presents.
What’s next for the man charged with killing UnitedHealthcare’s CEO?
Read full article: What’s next for the man charged with killing UnitedHealthcare’s CEO?The man charged with gunning down United Healthcare’s CEO outside a Manhattan hotel is now in a federal jail after being returned to New York City in dramatic fashion.
Big Lots conducts going-out-of-business sales after sale of company falls through
Read full article: Big Lots conducts going-out-of-business sales after sale of company falls throughDiscount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn’t materialize.
US proposes voluntary guidelines for self-driving vehicles in waning days of Biden administration
Read full article: US proposes voluntary guidelines for self-driving vehicles in waning days of Biden administrationThe government’s highway safety agency is proposing voluntary safety guidelines for self-driving vehicles.
Italy's privacy watchdog fines OpenAI for ChatGPT's violations in collecting users personal data
Read full article: Italy's privacy watchdog fines OpenAI for ChatGPT's violations in collecting users personal dataItaly’s data protection authority says it has fined OpenAI $15.6 million after wrapping up a probe into the collection of personal data by its generative artificial intelligence chatbot ChatGPT.
Government shutdown is averted just after deadline as Congress rejects Trump's debt limit demands
Read full article: Government shutdown is averted just after deadline as Congress rejects Trump's debt limit demandsThe Senate has rushed through final passage of a bipartisan plan to fund federal operations and prevent a government shutdown.
Zimbabwe launches new land policy to empower Black farmers with direct farm ownership
Read full article: Zimbabwe launches new land policy to empower Black farmers with direct farm ownershipZimbabwean President Emmerson Mnangagwa has launched a new policy that will allow beneficiaries of land taken from white people under controversial land reforms to sell it and to be able to borrow from banks using it as collateral.
Federal Reserve's preferred inflation gauge shows price pressures eased last month
Read full article: Federal Reserve's preferred inflation gauge shows price pressures eased last monthAn inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains.
The Latest: Schumer says Senate on course to pass bill before funding lapses at midnight
Read full article: The Latest: Schumer says Senate on course to pass bill before funding lapses at midnightWith hours to go before a midnight government shutdown, the House has approved a new plan from House Speaker Mike Johnson that would temporarily fund federal operations and disaster aid, but dropped President-elect Donald Trump’s demands for a debt limit increase into the new year.
Tesla recalling almost 700,000 vehicles due to tire pressure monitoring system issue
Read full article: Tesla recalling almost 700,000 vehicles due to tire pressure monitoring system issueTesla is recalling almost 700,000 vehicles because of an issue with the warning light on the tire pressure monitoring system.
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
Read full article: Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertaintyDonald Trump seemed poised to inherit a relatively strong economy when he begins a second term in the White House in January.
Diplomatic spat erupts after Hungary gives asylum to Polish politician suspected of corruption
Read full article: Diplomatic spat erupts after Hungary gives asylum to Polish politician suspected of corruptionHungary has given political asylum to a Polish opposition politician who is wanted on suspicions of corruption.
Younger generations swap tradition for self-expression with holiday decorations
Read full article: Younger generations swap tradition for self-expression with holiday decorationsWhether dressed in black, mimicking bare branches or decked out with enough bows for a Taylor Swift concert, the Christmas trees in some U.S. homes this year display an unconventional streak.
Russia's central bank holds off on interest rate hike amid friction between inflation, war spending
Read full article: Russia's central bank holds off on interest rate hike amid friction between inflation, war spendingRussia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine.
White House starts scrapping pending regulations on transgender athletes and student debt
Read full article: White House starts scrapping pending regulations on transgender athletes and student debtPresident Joe Biden’s administration has started to withdraw pending regulations that won’t be finalized by the time he leaves office.
Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas Eve
Read full article: Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas EveWorkers at U.S. Starbucks stores have begun a five-day strike to protest a lack of progress in contract negotiations with the company.
Beshear says food company to create 925 jobs in Kentucky, adding to the state's economic momentum
Read full article: Beshear says food company to create 925 jobs in Kentucky, adding to the state's economic momentumKentucky Gov. Andy Beshear says a food company has chosen the Bluegrass State for a facility that will employ more than 900 people.
It's beginning to look like another record for holiday travel
Read full article: It's beginning to look like another record for holiday travelDrivers and airline passengers without reindeer and sleighs better make a dash for it: it’s beginning to look like another record for holiday travel in the U.S. The auto club AAA predicts that more than 119 million people will travel at least 50 miles from home between Saturday and New Year’s Day.
Amazon workers are striking at multiple facilities. Here's what you should know
Read full article: Amazon workers are striking at multiple facilities. Here's what you should knowAmazon workers affiliated with the Teamsters union are on strike for a second day at seven of the company’s delivery hubs just days before Christmas.
76ers win city council nod to build $1.3B downtown stadium and leave South Philadelphia
Read full article: 76ers win city council nod to build $1.3B downtown stadium and leave South PhiladelphiaThe Philadelphia 76ers have won city council approval for a $1.3 billion downtown arena despite vocal opposition from nearby residents.
Farmers, business owners, fire survivors face uncertainty after $100B in disaster relief flounders
Read full article: Farmers, business owners, fire survivors face uncertainty after $100B in disaster relief floundersAmerican farmers, small business owners and wildfire survivors are among those who will suffer if Congress cannot agree on a new spending bill after President-elect Donald Trump abruptly rejected a bipartisan plan that included more than $100 billion in disaster aid.
MrBeast's new show already faced controversy. Its new giveaway partner may bring more
Read full article: MrBeast's new show already faced controversy. Its new giveaway partner may bring moreMrBeast’s ambitious reality show, which the YouTube megastar hopes will expand his massive online reach and turn the corner on recent controversies, is already raising questions from consumer advocates over a partnership with a fintech company.
Millions of people may get expanded Social Security benefits. Who are they and how would it happen?
Read full article: Millions of people may get expanded Social Security benefits. Who are they and how would it happen?Nearly 3 million people could receive a boost in Social Security payments under legislation that's set for a final vote in the Senate.
2 killed, 3 injured when freight train derails in small West Texas city after collision
Read full article: 2 killed, 3 injured when freight train derails in small West Texas city after collisionAuthorities say two Union Pacific employees were killed and three people were injured when a freight train collided with a tractor-trailer and derailed in a small West Texas city.
House rejects Trump-backed plan on government shutdown, leaving next steps uncertain
Read full article: House rejects Trump-backed plan on government shutdown, leaving next steps uncertainThe House has resoundingly rejected President-elect Donald Trump’s new plan to fund federal operations and suspend the debt ceiling a day before a government shutdown.
U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
Read full article: U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimateThe American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate.
Australian who falsely claimed to have invented bitcoin is found in contempt of UK court
Read full article: Australian who falsely claimed to have invented bitcoin is found in contempt of UK courtAn Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency has been found to have committed contempt of court by breaching an order of London’s High Court.
US home sales hit fastest pace since March with more properties up for sale
Read full article: US home sales hit fastest pace since March with more properties up for saleSales of previously occupied U.S. homes rose in November to their fastest pace since March as home shoppers were encouraged by a wider selection of properties on the market, even as mortgage rates mostly ticked higher.
A shake-up at one of world's biggest frozen French fry makers
Read full article: A shake-up at one of world's biggest frozen French fry makersLamb Weston, a major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO after posting a surprise loss in the second quarter as consumers pull back on the money they spend on food outside the home.
Apple complains Meta requests risk privacy in spat over EU efforts to widen access to iPhone tech
Read full article: Apple complains Meta requests risk privacy in spat over EU efforts to widen access to iPhone techApple complained that requests from Meta Platforms requests for access to its operating software threaten user privacy, in a spat fueled by the European Union’s intensifying efforts to get the iPhone maker to open up to products from tech rivals.
US applications for unemployment benefits come back down after last week's big rise
Read full article: US applications for unemployment benefits come back down after last week's big riseThe number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before.
EU leaders insist no decisions can be taken about Ukraine without Ukraine, or behind their backs
Read full article: EU leaders insist no decisions can be taken about Ukraine without Ukraine, or behind their backsEuropean Union leaders insist no decisions can be taken about the future of Ukraine without its consent or behind their backs.
Ireland embraced data centers that the AI boom needs. Now they're consuming too much of its energy
Read full article: Ireland embraced data centers that the AI boom needs. Now they're consuming too much of its energyDozens of massive data centers are consuming more electricity than all of the urban homes in Ireland and starting to wear out the warm welcome that brought them here.
Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold
Read full article: Bank of England warns of 'heightened uncertainty' as it keeps interest rates on holdThe U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining at best.
Biden, on his way out, sets 'ambitious' climate goal: Cut US greenhouse gas emissions by over 60%
Read full article: Biden, on his way out, sets 'ambitious' climate goal: Cut US greenhouse gas emissions by over 60%President Joe Biden is pledging to cut U.S. greenhouse gas emissions by more than 60% by 2035.
US ambassador to Vietnam says US arms manufacturers could help boost Vietnam's military capabilities
Read full article: US ambassador to Vietnam says US arms manufacturers could help boost Vietnam's military capabilitiesThe U.S. ambassador to Vietnam says U.S. arms manufacturers could help the southeast Asian country build up its armed forces.
The US egg industry kills 350 million chicks a year. New technology offers an alternative
Read full article: The US egg industry kills 350 million chicks a year. New technology offers an alternativeEvery year the U.S. egg industry kills about 350 million male chicks because they will never lay eggs and so have little monetary value.
Macao's casino boom brings wealth but at a cost, 25 years since China's takeover
Read full article: Macao's casino boom brings wealth but at a cost, 25 years since China's takeoverMacao has grown from a monopoly-driven gambling enclave into the world's biggest gaming hub, packed with Chinese tourists, since Beijing took control of the former Portuguese colony 25 years ago.
DOJ files complaint against CVS for facilitating unlawful sale of prescription opioids
Read full article: DOJ files complaint against CVS for facilitating unlawful sale of prescription opioidsThe Justice Department has unsealed a civil complaint alleging CVS Pharmacy Inc. and various subsidiaries filled unlawful prescriptions in violation of the federal Controlled Substances Act.
Brazil's currency drops to weakest level yet as Lula's fiscal measures debated
Read full article: Brazil's currency drops to weakest level yet as Lula's fiscal measures debatedBrazil’s real has fallen to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending.
Trump brings chaos back to Washington by attempting to kill bipartisan budget deal with Musk's help
Read full article: Trump brings chaos back to Washington by attempting to kill bipartisan budget deal with Musk's helpPresident-elect Donald Trump has delivered a likely death blow to bipartisan congressional budget negotiations, rejecting the measure as full of giveaways to Democrats.
How New York prosecutors used a terrorism law in the charges against Luigi Mangione
Read full article: How New York prosecutors used a terrorism law in the charges against Luigi MangioneNew York prosecutors are using a 9/11-era anti-terrorism law in their case against the man charged with killing UnitedHealthcare’s CEO.
Philanthropist MacKenzie Scott reveals another $2 billion in donations in 2024
Read full article: Philanthropist MacKenzie Scott reveals another $2 billion in donations in 2024Billionaire author and philanthropist MacKenzie Scott acknowledged $2 billion in 2024 donations in a blog post on Wednesday, bringing the total she’s given away since 2019 to $19.2 billion.
US retreats from massive air bag recall and says industry comments show need for more investigation
Read full article: US retreats from massive air bag recall and says industry comments show need for more investigationU.S. safety regulators have backed away from seeking a recall of nearly 50 million air bag inflators.
US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds
Read full article: US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report findsThe U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons.
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
Read full article: The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and moreThe Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
Supreme Court will hear arguments over the law that could ban TikTok in the US if it's not sold
Read full article: Supreme Court will hear arguments over the law that could ban TikTok in the US if it's not soldThe Supreme Court will hear arguments next month over the constitutionality of the federal law that could ban TikTok in the U.S. if its Chinese parent company doesn’t sell it.
EPA grants California authority to ban sales of new gas cars by 2035. Action faces reversal by Trump
Read full article: EPA grants California authority to ban sales of new gas cars by 2035. Action faces reversal by TrumpThe Environmental Protection Agency has granted two requests from California to enforce strict standards for vehicle emissions, including a rule aimed at banning sales of new gasoline-powered cars in the state by 2035.
Barcelona subway recycles energy from braking into power to charge electric cars
Read full article: Barcelona subway recycles energy from braking into power to charge electric carsBarcelona's subway system is using regenerative braking to help power both its convoys but also recharge electric cars at street level.
World's oldest Sunday newspaper, the UK's Observer, sold in face of journalistic opposition
Read full article: World's oldest Sunday newspaper, the UK's Observer, sold in face of journalistic oppositionThe owner of Britain’s Guardian newspaper has confirmed that it has sold the Observer, the world’s oldest Sunday newspaper to Tortoise Media for an undisclosed fee.
China's CATL is planning a major expansion of battery swapping for electric vehicles
Read full article: China's CATL is planning a major expansion of battery swapping for electric vehiclesThe world’s largest maker of batteries for electric vehicles says it will get into battery swapping in China in a big way starting next year.
Andrew Tate can have over $3 million seized from him in tax dispute, British court says
Read full article: Andrew Tate can have over $3 million seized from him in tax dispute, British court saysA British court says police can seize more than 2.6 million pounds ($3.3 million) in unpaid taxes from influencer Andrew Tate and his brother Tristan.
Iran's rial hits a record low, battered by regional tensions and an energy crisis
Read full article: Iran's rial hits a record low, battered by regional tensions and an energy crisisThe Iranian rial has fallen to its lowest level in history, losing more than 10% of value since Donald Trump won the U.S. presidential election in November.