Business News

Airbnb donates $10 million to 120 nonprofits on 6 continents through its unusual community fund
2024-01-23 15:09:51
Airbnb on Tuesday donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents, the short-term rental giant's latest outlays in its unusual distribution of $100 million through its Airbnb Community Fund.
California State Universities reach tentative agreement with striking faculty and staff
2024-01-23 13:55:27
The California State University system agreed to a tentative deal with the California Faculty Association, representing nearly 30,000 faculty and staff members, less than a day into the union's five-day strike.
What the health care sector is selling to Wall Street: The "first trillion-dollar drug company is out there"
2024-01-23 11:17:00
More than 600 companies pitched their products and services at the J.P. Morgan Healthcare Conference. Here are the big takeaways.
Tencent's 'League of Legends' developer Riot Games announces layoffs of 530 staff
2024-01-23 09:17:23
Riot Games, the developer of the popular "League of Legends" multiplayer battle game, is joining other tech companies that have been trimming their payrolls with a layoff of 11% of its staff.
Ericsson sees 'further' market decline after 2023 loss
2024-01-23 09:17:23
Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.
Amazon French warehouses unit fined 32 million euros
2024-01-23 09:17:23
France's data protection agency said Tuesday it had fined Amazon's French warehouse management unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to monitor staff performance.
Apple Music paying artists more for including more Spatial Audio tracks on the service
2024-01-23 00:03:03
Apple Music hopes to increase its Spatial Audio music offering by paying artists up to 10% more royalties as long as they've published songs in the format.
Federal officials recommend that airlines inspect door plugs on some older Boeing jets as well
2024-01-22 22:56:38
The Federal Aviation Administration recommends that airlines inspect the door plugs on certain Boeing 737s that are older than the Max 9 jetliner that suffered a blowout of a similar panel during a flight this month.
FAA urges inspections to door plugs on another Boeing 737 jet
2024-01-22 13:12:40
The FAA is urging airlines to "visually inspect" door plugs on Boeing 737-900ER jets, an older model of aircraft.
Mac computers could ride AI wave or be left behind
2024-01-22 12:06:57
Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new glory due to AI computing—or be left behind.
Wanted crypto boss Do Kwon's Terraform files for US bankruptcy
2024-01-22 12:06:57
South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking bankruptcy protection in the United States, according to court documents filed Sunday.
Sony 'terminates' Indian merger with Zee
2024-01-22 09:46:15
Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world's most populous nation.
Suburban CEO killed in freak accident before packed audience at company party
2024-01-22 08:45:33
Video on social media captures the company's silver jubilee celebrations--and the freak accident.
Social Security overpayments: Tips to prevent them
2024-01-22 07:46:35
Social Security overpays its recipients by billions of dollars every year—and then asks for the money back. Here are some ways experts say you can reduce the chances of it happening to you.
Trump clashes with judge, defends business record in testimony at New York fraud trial
2024-01-22 07:46:32
Former President Donald Trump clashed with the judge who could determine the fate of his business empire while defending the financial records at the heart of the case.
2 companies join WanaBana in recalling apple cinnamon puree for kids
2024-01-22 07:46:31
The puree may have too much lead, the companies say. The FDA says it has reports of seven illnesses in at least five states possibly linked to contaminated puree.
Apple Store in Hongdae, Seoul opens to customers
2024-01-22 00:00:54
Apple has opened up its Apple Store in Hongdae, South Korea, bringing its total store count in the Asia-Pacific region up to 100.
Microsoft “senior leadership” emails accessed by Russian SolarWinds hackers
2024-01-20 13:20:31
The hackers were able to steal emails and documents in a November attack.
Microsoft says state-backed Russian hackers accessed emails of senior leadership team members
2024-01-20 09:18:01
State-backed Russian hackers broke into Microsoft's corporate email system and accessed the accounts of members of the company's leadership team, as well as those of employees on its cybersecurity and legal teams, the company said Friday.
Experts help cities navigate the rise of autonomous vehicles
2024-01-19 18:36:44
University of Oregon experts are bringing much-needed help to U.S. cities grappling with the testing or rollout of autonomous vehicles on their roads.

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