Business News

Kamala Harris' campaign says it raised $200 million in first week
2024-07-28 14:57:54
Kamala Harris' campaign, which announced the total on Sunday, said 66% of the funds came from first-time donors.
AI startups swap independence for Big Tech's deep pockets
2024-07-28 07:57:23
It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants.
Apple has reached its first-ever union contract with store employees in Maryland
2024-07-28 07:57:22
Apple has reached a tentative collective bargaining contract with the first unionized company store in the country.
Apple reaches its first-ever union deal with workers at a Maryland store
2024-07-28 01:13:31
The three-year deal will increase pay by an average of 10% and offer other benefits to workers at a store in the Baltimore suburb of Towson.
Get three months of Apple TV+ with any new Twitch subscription
2024-07-28 01:09:36
Apple and Amazon have teamed up to offer a new three-month free trial of Apple TV+ to Twitch users who subscribe to any Twitch streamer.
Apple TV+ budgets targeted as Apple trims video costs
2024-07-28 01:06:50
Billions have been spent on Apple TV+ original TV shows and movies, but now there is more pressure to control how the massive budgets are spent on productions.
Microsoft blames European Commission for global CrowdStrike catastrophe
2024-07-28 01:06:33
The worldwide outage of Windows PCs was because of European Commission demands, says Microsoft, and we should get used to it.
Unionized Apple Store workers to vote on three-year agreement
2024-07-27 17:07:41
Some 85 employees of the first unionized Apple Store in Towson, Maryland will vote on the first union-negotiated agreement with Apple to improve working conditions on August 6th, 2024.
Most Americans still not sold on EVs despite push from Biden, poll finds
2024-07-27 15:54:01
Lack of easy-to-find charging stations continues to be a major reason why many adults do not purchase electric vehicles.
Ikea is hiring real people to work at its virtual Roblox store
2024-07-27 15:53:58
Ikea says it's the first brand to launch paid work on the gaming platform to "showcase how we do careers differently."
Video game makers see actors as AI 'data,' says union on strike
2024-07-27 09:54:33
Artificial intelligence was key to last year's Hollywood strikes, and it has now sparked a second walkout by those actors who work in a far larger industry, at the heart of advancing technology—video games.
US defends law forcing sale of TikTok app
2024-07-27 09:54:32
The Justice Department late Friday filed its response to TikTok's civil suit aimed at derailing a law that would force the app to be sold or face a US ban.
Senators call on Federal Trade Commission to investigate automakers' sale of driving data to brokers
2024-07-27 09:54:32
Two U.S. senators are calling on the Federal Trade Commission to investigate automakers selling customers' driving data to brokers who package it and then sell it to insurance companies.
Warner Brothers Discovery sues NBA over Amazon rights deal
2024-07-27 09:54:31
Warner Brothers Discovery filed a lawsuit against the NBA on Friday, claiming the US professional basketball league broke a contract by refusing a new media rights deal to accept an offer from Amazon.
Six banks settle European bond price fixing litigation in New York
2024-07-27 02:49:59
By Jonathan Stempel NEW YORK (Reuters) - Six banks including Bank of America and Citigroup agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig prices of European government bonds. A preliminary settlement with Bank of America, Citigroup, Jefferies, NatWest, Nomura and UBS was filed late Friday in Manhattan federal court, and requires a judge's
Musk plans largest-ever supercomputer for xAI startup: Report
2024-07-26 22:01:34
Billionaire tech mogul Elon Musk has told investors he plans to build a supercomputer dubbed "gigafactory of compute" to support the development of his artificial intelligence startup xAI, an industry news outlet reported Saturday.
Airbus and Boeing supremacy secure despite turbulence
2024-07-26 21:42:24
Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their domination of the commercial airliner market.
US stocks in rally mode as cooling inflation boosts rate-cut hopes
2024-07-26 20:21:19
Investing.com-- U.S. stocks jumped Friday, as data showing inflation continued to cool boosted hopes for a sooner interest rate cut, pushing Treasury yields lower and stoking dip-buying action in battered tech stocks. At 14:30 ET (18:30 GMT), Dow...
3 ways your credit card debt can be forgiven
2024-07-26 16:09:12
If you're dealing with high-rate credit card debt, there are multiple routes you can take to have it forgiven.
3 ways mortgage interest rates could drop this August
2024-07-26 16:09:09
Buyers hoping for mortgage rates to drop may not need to wait much longer. Here's how it could happen in August.

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