Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly
Lawyers for Sam Bankman-Fried have filed an appeal claiming that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested.
Trump Media stock jumps after former president says he won't sell shares when lockup expires
Shares of Trump Media & Technology Group Corp. jumped Friday after former President Donald Trump said he won’t sell shares of the company, saying that he doesn't need the money and likes the social media platform to get out his voice.
Biden administration appears to be in no rush to stop U.S. Steel takeover by Nippon Steel
President Joe Biden has voiced his opposition to Nippon Steel buying U.S. Steel, but the federal government appears to be in no hurry to block the deal.
After just a few hours, U.S. election bets put on hold by appeals court ruling
Just hours after it began, legal betting on the outcome of U.S. Congressional elections has been put on hold by a federal appeals court.
Uber to dispatch Waymo's robotaxis in Austin and Atlanta next year
Ride-hailing leader Uber on Friday announced it will dispatch robotaxis built by driverless technology pioneer Waymo beginning next year in Austin, Texas, and Atlanta in a deal that deepens the bond between once-bitter rivals.
Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance.
Oracle settles suit over tracking your data. How to file a claim
In a $115 million settlement, while admitting no wrongdoing, tech behemoth Oracle has agreed to settle a class action lawsuit over allegations it tracked consumer activity both on and offline.
Germany signs agreement with Kenya to bring in skilled workers and plug labor market gaps
German and Kenyan officials have signed an agreement to promote the recruitment of skilled Kenyan workers who can fill gaps in Germany’s labor market, and to facilitate the repatriation of Kenyans who don’t have the right to stay in Germany.
United Airlines will offer free internet on flights using service from Elon Musk's SpaceX
United Airlines says it will offer free WiFi service on flights using the satellite-based Starlink service from Elon Musk’s SpaceX.
A strike at Boeing extends a new era of labor activism long in decline at US work places
Aircraft assembly workers walked off the job at at Boeing factories near Seattle and elsewhere early Friday after union members voted overwhelmingly to go on strike.
MacKenzie Scott’s millions boost Native American nonprofits
The billionaire philanthropist MacKenzie Scott’s no-strings, no-hassle giving approach has proven particularly valuable to Native American nonprofits, whose history with private philanthropy has long been marked by a lack of trust and paltry funding.
US consumer sentiment ticks higher for second month but remains subdued
Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture.
Russian central bank hikes rates to fight inflation fuelled by military spending
Russia’s central bank has raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy’s capacity to produce goods and services and drives up workers’ wages.
Low occupancy, lagging rate growth in apartments likely to persist through 2025
Staggering rates of new deliveries hammering occupancy and rental prices in San Antonio’s apartment market are likely to persist through 2025.
China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande.
Striking Boeing factory workers say they are ready to hold out for a better contract
Blue-collar workers from Boeing are walking picket lines in the Pacific Northwest instead of building airplanes after overwhelmingly rejecting a proposed contract that would have raised their wages by 25% over four years.
China is raising its retirement age, now among the youngest in the world's major economies
China is raising its retirement age for workers, which is now among the youngest in the world’s major economies.
Pravin Gordhan, a South African government minister who was activist against apartheid, dies at 75
Pravin Gordhan, who was a South African government minister for many years after beginning his political career opposing apartheid, has died.
Stock market today: Wall Street’s best week of 2024 closes with indexes near their records
U.S. stocks closed their best week of the year with more gains and climbed to the cusp of their records.
Harris supported the Green New Deal. Now, she's promoting domestic oil drilling
Vice President Kamala Harris said in Tuesday’s debate that the Biden-Harris administration has overseen “the largest increase in domestic oil production in history″ and warned the U_S_ “cannot over rely on foreign oil."
Are Indonesia and Vietnam's multibillion-dollar clean energy deals stuck? Experts say not yet
Indonesia and Vietnam signed multibillion-dollar energy transition deals in 2022 that were heralded as drastic shifts in financing that would enable the coal-dependent countries to pivot to cleaner energy.
It took 50,000 gallons of water to put out Tesla Semi fire in California, US agency says
The National Transportation Safety Board says California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons of water to put out flames after a crash.
Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day
Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee’s sons Donald Jr. and Eric.
Top AI business leaders meet with Biden administration to discuss the emerging industry's needs
Top Biden administration officials have discussed the future of artificial intelligence with a group of executives from OpenAI, Nvidia, Microsoft and other companies.
Tech companies commit to fighting harmful AI sexual imagery by curbing nudity from datasets
Several leading artificial intelligence companies pledged Thursday to remove nude images from the data sources they use to train their AI products, and committed to other safeguards to curb the spread of harmful sexual deepfake imagery.
US consumer watchdog moves to permanently ban Navient from federal student loan servicing
The U.S. Consumer Finance Protection Bureau has filed a proposed order to permanently ban Navient from directly servicing federal student loans, which the agency says will end years of abusive lending practices.
A strike would add to turbulent times at Boeing
A strike by the 33,000 factory workers who assemble some of Boeing’s best-selling planes would come as another blow to a company whose bottom line and reputation have taken plenty of hits this year.
Pakistan says it has met all of the IMF's conditions to secure a new $7 billion loan
Pakistan’s leader says the country has met all the conditions set by the International Monetary Fund to qualify for a new $7 billion loan to help prop up its economy.
Senate committee to vote to hold Steward Health Care CEO in contempt
Members of a Senate committee looking into the Steward Health Care bankruptcy said they plan to vote next week to adopt two resolutions to hold Steward CEO Ralph de la Torre in contempt after he refused to attend a hearing Thursday despite being issued a subpoena.
American Airlines flight attendants ratify contract that ends their threats to go on strike
Flight attendants at American Airlines have approved a new contract after years of negotiations.
Money rolls in on US election bets after judge clears the way
People began betting on which political party would win control of Congress in the November elections within minutes of a federal judge’s ruling allowing the bets — the only ones to be legally approved by a U.S. jurisdiction.
The Palestinian economy is in free fall and will require billions to rebuild, the UN says
The Palestinian economy is “in free fall,” with production in Gaza plunging to one-sixth of its level before Israeli forces began a blistering military response to the Oct. 7 attacks in the territory, the United Nations says.
Early childhood development nonprofit Brilliant Detroit set to expand nationally
Brilliant Detroit, the early childhood education nonprofit that supports children in underserved communities “from belly to 8,” plans to expand its unique neighborhood-based holistic model beyond The Motor City.
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.
US filings for unemployment benefits inch up slightly but remain historically low
Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates.
Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan Shaw
Norfolk Southern said Thursday that its new CEO’s salary will jump to $1 million now that Mark George has been promoted from chief financial officer, and he will be eligible for a $2.25 million bonus and significant stock awards for performance.
How social media became a storefront for deadly fake pills
Fentanyl overdoses have become a leading cause of death for minors in the last 5 years or so — and social media, where tainted, fake prescription drugs can be obtained with just a few clicks, is part of the problem.
US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
A report by the American Chamber of Commerce in Shanghai has found that U.S. companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy.
Billionaire steps out of SpaceX capsule for first private spacewalk hundreds of miles above Earth
A tech billionaire has performed the first private spacewalk hundreds of miles above Earth.
Could America's divide on marijuana be coming to an end?
The U.S. is divided when it comes to state and federal marijuana policy, but recent political developments could move the country toward greater acceptance of cannabis.
Boeing machinists vote to strike after rejecting pay increases of 25% over 4 years
Machinists at Boeing have voted to go on strike, another setback for the giant aircraft maker whose reputation and finances have been battered and now faces a shutdown in production of its best-selling airline planes.
Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with an employee
Norfolk Southern says it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.
Google's AI model faces European Union scrutiny from privacy watchdog
European Union regulators say they’re investigating one of Google’s artificial intelligence models over concerns about its compliance with the bloc’s strict data privacy rules.
More than 67 million people watched Donald Trump and Kamala Harris debate. That's way up from June
An estimated 67.1 million people watched the presidential debate between Kamala Harris and Donald Trump.
Treasury proposes rule to prevent large corporations from evading income taxes
The Biden administration has proposed a new rule that would require the largest U.S. companies to pay at least 15% of their profits in taxes.
UAW's rift with Stellantis raises fear that some US auto jobs could vanish
U.S. autoworkers warn that a dispute between their union and Stellantis over delays in reopening a shuttered factory in Belvidere, Illinois, is much bigger than that one plant.
One Tech Tip: Ever wanted to quit Elon Musk's X platform? Here's how you can do it
Since Elon Musk acquired Twitter and renamed it X, a steady stream of celebrities, public figures, organizations and ordinary people have quit.
Fed official broke ethics rules but didn't violate insider trading laws, probe finds
A government investigation into Atlanta Federal Reserve President Raphael Bostic's securities trades and investments has found he violated several of the central bank's ethics policies.
Private power companies in Puerto Rico are under scrutiny as officials demand fewer outages
Two private power companies in Puerto Rico have come under scrutiny while presenting plans to stabilize the island's crumbling electric grid as officials demanded immediate action to minimize chronic power outages.
Sen. Bernie Sanders said he is set to pursue contempt charges against Steward CEO
Vermont U.S. Sen. Bernie Sanders has said he is prepared to pursue contempt charges against Steward Health Care CEO Ralph de la Torre if he fails to show up at a hearing Thursday despite being issued a subpoena.
Fearless Fund drops grant program for Black women business owners in lawsuit settlement
A venture capital firm has closed a grant program for Black women business owners as part of a settlement with a conservative group that had filed a lawsuit alleging the program was discriminatory.
Court could clear the way for Americans to legally bet on US elections
Amid the explosion of legal gambling in the U.S., some things have remained off-limits, including betting on the outcome of U.S. elections.
Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers.
US Postal Service squeeze on shipping consolidators could raise consumer costs
The U.S. Postal Service is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps, in a move meant to help the Postal Service slow losses but that could see the higher costs passed on to consumers.
Stellantis to invest $406 million at 3 factories, a step toward meeting commitments in UAW contract
Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts.
Spacewalking is the new domain of the rich as billionaire attempts first private spacewalk
Paying passengers have lined up to rocket to space to experience a few minutes of weightlessness.
Trump closing in on being able to sell his shares of Truth Social's parent company. But will he?
Donald Trump has more than last night’s debate with Vice President Kamala Harris on his mind.
Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing
Caroline Ellison, a former top executive in FTX founder Sam Bankman-Fried's collapsed cryptocurrency empire, is seeking no prison time at her sentencing later this month.
Workers call off protest that grounded flights at Kenya's main airport
Kenya’s airport workers’ union has called off a strike that grounded flights in the country’s main airport on Wednesday over awarding the contract for its modernization and operations to an Indian firm.
As Trump and Harris spar, ABC's moderators grapple with conducting a debate in a polarized country
They faced the challenge of moderating what is probably the only general election debate between Kamala Harris and Donald Trump.
James Earl Jones’ Darth Vader voice lives on through AI. Voice actors see promise and peril in that
Over the course of an acting career that spanned more than six decades, James Earl Jones’ voice became an indelible piece of his work as a performer.
European business confidence in China is at an all-time low, report says
A European business group says China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country.
Stock market today: Wall Street storms back from an early slide thanks to Nvidia and Big Tech
U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies.
US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race.
Weight-loss drug Saxenda effective for kids as young as 6, study shows
A drug approved to treat obesity in adults and teens is safe and effective for use in kids as young as 6, when combined with diet and exercise.
EPA says Vermont fails to comply with Clean Water Act through inadequate regulation of some farms
The U.S. Environmental Protection Agency says flaws in a Vermont program are preventing the state from adequately controlling phosphorus discharges from certain farms, which contribute to severe water quality problems in Lake Champlain and other bodies of water.
BMW braking system recall of 1.5M cars contributes to auto maker's decision to cut back 2024 outlook
BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially triggered by hefty expenses of addressing a braking system recall that impacts more than 1.5 million vehicles worldwide.
Germany's expansion of border controls is testing European unity
The German government says it is cracking down on irregular migration and crime following recent extremist attacks, and plans to extend temporary border controls to all nine of its frontiers next week.
Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power.
Limits to anti-nausea pill coverage wear on cancer patients and doctors
Some cancer patients are hitting coverage limits on a cheap anti-nausea pill that can ward off waves of vomiting after treatment.
Oprah Winfrey names Elizabeth Strout's 'Tell Me Everything' as her latest book club pick
Oprah Winfrey’s latest book club pick will be a story of familiar faces — in more ways than one.
Southwest Airlines shakes up its board under pressure from a big shareholder
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to stick with CEO Robert Jordan.
Google and Apple lose their court fights against the EU and owe billions in fines and taxes
Google has lost its final legal challenge against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in search results, ending a long-running antitrust case that came with a whopping fine.
EU's top court dismisses Apple's final appeal against order to pay Ireland 13B euros in back taxes
The European Union’s top court has rejected Apple’s final legal challenge against an order from the bloc’s executive commission to repay 13 billion euros ($14.34 billion) in back taxes to Ireland, bringing an end to the long-running dispute.
In diesel-dependent East Timor, renewable energy transition remains slow despite government pledges
The small Southeast Asian nation of East Timor is at an energy development crossroads.
Wolf pack blamed in Colorado livestock attacks is captured and will be relocated
Colorado wildlife officials have captured and plan to relocate five members of the first pack of wolves to form under the state’s ambitious wolf reintroduction program.
Fewer than 400 households reject $600 million Ohio train derailment settlement
Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement despite reservations about whether the deal offers enough.
The iPhone 16, new AirPods and other highlights from Apple's product showcase
Apple has squarely shifted its focus toward artificial intelligence with the unveiling of its hotly anticipated iPhone 16 along with a slew of features coming with the next update to the device's operating system.
Norfolk Southern railroad says its CEO is under investigation for alleged ethical lapses
Norfolk Southern's board has confirmed that the railroad's CEO Alan Shaw is under investigation for potential ethical lapses.
Battery-powered devices are overheating more often on planes and raising alarm
Battery-powered devices are overheating more often on planes, and that is raising safety concerns because of the fire danger.