Business News

Despite their great trust in on-board autopilots, bridge officers do not believe that autonomous ships will make shipping safer. Moreover, the greater the professional commitment and pride of the bridge officers, the less confidence they have in automation increasing safety at sea.

Home equity loans and HELOCs are compelling ways to access your equity. But which is better amid rising inflation?

Best Buy, in a shift toward AI, laid off Geek Squad field agents, home-theater repair technicians and phone support specialists, according to current and former employees.

In February, Universal Music Group, the largest record label conglomerate in the world, pulled its catalog from TikTok. Videos using music from Taylor Swift or Bad Bunny suddenly fell silent. After a contentious U.S. House Committee on Energy and Commerce hearing about ByteDance, the app's Chinese parent firm, and its potential risks for data security and political influence, the House overwhelmingly passed a bill in March that could force a sale or ban TikTok (President Joe Biden has said he's open to signing that bill). The Senate has held closed-door meeting on the topic, and TikTok urged its users to contact Congress to protest.

British luxury carmaker Aston Martin Lagonda will continue to produce traditional combustion-engine vehicles for as long as legally possible, its boss told UK media this week.

Amazon is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among startups and big technology companies.

Wang’s trip comes ahead of Chinese President Xi Jinping’s expected visit to Paris and discussions on trade tensions with French counterpart Emmanuel Macron, scheduled for May.

Complete anonymity is the name of the game.

Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.

Several artificial intelligence startups are looking into the process of going public, according to an executive at the New York Stock Exchange, as the market for tech listings gains steam.

New York City is poised to launch the first congestion pricing plan to reduce traffic in a major U.S. metropolitan area. Like many journeys in the Big Apple, this one has been punctuated by delays. Once the system starts up, however, it's expected to significantly reduce gridlock in Manhattan and generate billions of dollars to improve public transit citywide.

Amin Nasser, chief executive of the world's largest oil company Saudi Aramco, recently called on nations to "abandon the fantasy" to phase out fossil fuels, adding that the transition to renewable energy sources is "visibly failing." However, the latest science on climate change is unequivocal: the world must eliminate fossil fuel-based energy systems—and fast.

There's a quote Nada Sanders, a Northeastern distinguished professor of supply chain management, likes to share when discussing the collision of artificial intelligence and enterprise.

The profits of TikTok owner ByteDance jumped around 60 percent in 2023, Bloomberg reported Wednesday citing sources, beating online rivals Tencent and Alibaba.

Much like nutritional labels on food products, "broadband labels" for internet packages will soon tell you just what is going into the pricing of your service, thanks to new rules adopted by the Federal Communications Commission this week.

Delta Air Lines reported another round of strong earnings on Wednesday as it forecast a record second quarter based on consistently strong travel appetite.

The new CEO of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws and it paid $4.3 billion to settle charges.

Time and again, leading scientists, technologists, and philosophers have made spectacularly terrible guesses about the direction of innovation. Even Einstein was not immune, claiming, "There is not the slightest indication that nuclear energy will ever be obtainable," just 10 years before Enrico Fermi completed construction of the first fission reactor in Chicago. Shortly thereafter, the consensus switched to fears of an imminent nuclear holocaust.

With inflation rising, savers should explore ways to protect their money. A high-yield savings account can help.

It could make sense to sell your gold investment in certain scenarios, but it depends on your situation.