Business News

Will a high-yield savings account still be worth it after the Fed cuts rates? What experts say
2024-08-15 15:16:53
The initial rate cut is expected to be modest — but it will still impact high-yield savings account rates.
Iran hackers target Harris and Trump campaigns: Google
2024-08-15 13:31:40
Google on Tuesday confirmed that hackers backed by Iran are targeting the campaigns of US presidential rivals Kamala Harris and Donald Trump.
Chinese tech giant Alibaba's quarterly profit shrinks 29 percent
2024-08-15 13:31:40
Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown.
Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
2024-08-15 13:31:40
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity.
Get Apple's new 13-inch iPad Air for as low as $699
2024-08-15 12:23:09
Grab record-low prices on Apple's 2024 iPad Air 6 at Amazon heading into the weekend.
Foxconn considers iPad production in India expansion plan
2024-08-15 12:23:08
After setting up operations in India to produce iPhones, Apple assembly partner Foxconn is considering whether to do the same with iPads.
Washington state Supreme Court's ruling in Amazon case sets 'precedent' on price gouging
2024-08-15 12:13:03
Washington's Supreme Court has ruled in favor of consumers who say they were victims of price gouging on Amazon's digital store at the start of COVID-19 lockdowns.
Apple to open payment chip to third parties and charge fees
2024-08-15 10:38:31
On August 14, Apple Inc. announced it will begin letting third parties use the iPhone's payment chip to handle transactions, a move that allows banks and other services to compete with the Apple Pay platform.
Tesla should probably fix more of those whompy wheels, NHTSA says
2024-08-14 21:18:32
Will Tesla keep fixing the issue like the NHTSA suggests?
Colorado's free-fare public transit initiative didn't reduce ground-level ozone, but may have other benefits
2024-08-14 18:33:43
Grant Webster is a big fan of public transit—he takes the bus multiple times a week from his home in east Boulder to the CU Boulder campus, where he's working on a Ph.D. in economics.
Air New Zealand won't be the last company to miss its climate goals—here's why
2024-08-14 17:24:27
Air New Zealand's recent decision to abandon its short-term climate target raises the question of how many other businesses might follow.
Turbine maker Vestas says losses widened on writedowns
2024-08-14 13:44:02
Vestas, the world's number one wind turbine maker, said on Wednesday that writedowns pushed it into a wider loss in the second quarter.
Chinese tech giant Tencent says net profits soar in second quarter
2024-08-14 13:32:50
Chinese internet giant Tencent announced on Wednesday an 82 percent surge in second-quarter net profit, its biggest jump since late 2020, after a resurgence in its gaming business.
The pros and cons of buying a hybrid vehicle or plug-in hybrid
2024-08-14 13:32:50
If you're ready to move on from a purely gasoline-fueled vehicle but you're not ready to go fully electric, you have two choices. You can get a hybrid or a plug-in hybrid vehicle. But which one is best? The experts at Edmunds will help you decide.
US considers a rare antitrust move: Breaking up Google
2024-08-14 11:22:49
A rare bid to break up Alphabet Inc.'s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations.
Refueling a hydrogen car in California is so annoying that drivers are suing Toyota
2024-08-14 11:22:49
When he first bought his Toyota Mirai in 2022, Ryan Kiskis was a happy man. He loved the idea of applying cutting edge hydrogen fuel cell technology to environmental consciousness.
How working with AI impacts the collective attention of teams
2024-08-14 11:03:47
The effectiveness of teamwork in professional and academic environments typically depends on various factors, including communication and coordinated attention. In this context, collective attention entails the ability of team members to cooperatively focus on the task at hand, optimally dividing it into subtasks and alternating their efforts to complete it as efficiently as possible.
How much will an electric vehicle really cost you? Here's what to know.
2024-08-14 10:41:50
There are plenty of considerations for those interested in making the investment, according to industry experts.
Google is making it easier to buy from small businesses
2024-08-14 08:36:48
Product Studio is also available to edit listing images using text prompts.
Seoul authorities find toxic substances in Shein and Temu products
2024-08-14 08:14:52
Women's accessories sold by some of the world's most popular online shopping firms contained toxic substances sometimes hundreds of times above acceptable levels, authorities in Seoul said Wednesday.

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