Latest Business News
A former OpenAI leader says safety has 'taken a backseat to shiny products' at the AI company
A former OpenAI leader who resigned from the company earlier this week said on Friday that safety has “taken a backseat to shiny products” at the influential artificial intelligence company. Jan Leike, who ran OpenAI's “Super Alignment” team alongside a company co-founder...
Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks
NEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits and political and legal challenges to the idea of whether the Federal Government's aggressive consumer financial watchdog agency should be allowed exist at all. ...
Workers at 2 Mercedes plants in Alabama are voting against joining a union early in the vote count
TUSCALOOSA, Ala. (AP) — Workers at two Mercedes-Benz plants near Tuscaloosa, Alabama, were voting against joining the United Auto Workers union Friday, in a test of the UAW's ambitious plan to unionize auto plants in the historically nonunion South. Unofficial totals posted on a...
Stock market today: Wall Street hangs near its records as it closes another winning week
NEW YORK (AP) — U.S. stocks are drifting near their records Friday as Wall Street heads for the finish of another winning week. The S&P 500 fell 0.1% in afternoon trading and remains on track for a fourth straight week of gains. The Dow Jones Industrial Average was up 45...
North Carolina sports wagers well over $1 billion in first months under new law, report says
People in North Carolina have bet over $1 billion on sports through several gambling operators authorized under a state law to begin taking online wagers two months ago, according to a report released Friday. The customers' early losses are resulting in tens of millions of dollars in state revenue....
Subway commuters in Buenos Aires see fares spike by 360% as part of austerity campaign in Argentina
BUENOS AIRES, Argentina (AP) — Commuters in Buenos Aires on Friday were hit by an abrupt 360% increase in subway fares, one of the most dramatic price hikes in libertarian President Javier Milei 's harsh budget austerity campaign in Argentina. After weeks of hearings, a judge on...
Chicago Tribune staffers' unequal pay lawsuit claims race and sex discrimination
CHICAGO (AP) — The Chicago Tribune is being sued by some of its staffers, who say they and other women and Black journalists are being paid less than their white male counterparts. The complaint filed Thursday in federal court in Chicago also names Tribune Publishing Co. and Alden...
The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring
DETROIT (AP) — Tim Kuniskis, CEO of the Ram and Dodge brands and the unofficial voice of American muscle cars, is retiring after nearly 32 years with Stellantis. The announcement Friday comes as Stellantis struggles with U.S. sales as it begins the transition from internal...
Federal Reserve Chair Jerome Powell working from home after testing positive for COVID-19
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday. "Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home,” a...
Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution
Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes after a door plug blew off a Boeing 737 Max jetliner in January. Calhoun said the...
