Latest Business News
Apple and Google face UK investigation into mobile browser dominance
LONDON (AP) — Apple and Google aren't giving consumers a genuine choice of mobile web browsers, a British watchdog said Friday in a report that recommends they face an investigation under new U.K. digital rules taking effect next year. The Competition and Markets Authority took...
Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power
DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023...
German auto supplier Bosch to cut 5,500 jobs in further sign of auto industry woes
FRANKFURT, Germany (AP) — Germany's technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries. The...
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI. This will bring Amazon’s total investment in Anthropic – which began last year - to $8 billion. Anthropic said the...
Stock market today: Wall Street gains ground as it heads for a winning week
NEW YORK (AP) — Stocks rose in morning trading on Wall Street Friday, keeping the market on track for its fifth gain in a row. The S&P 500 was up 0.1% and is solidly on track for a weekly gain that will erase most of last week's loss. The Dow Jones Industrial...
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
London's Gatwick Airport re-opens South Terminal after a suspicious package triggers an alert
LONDON (AP) — London’s Gatwick Airport said it is reopening its south terminal after police resolved a security alert triggered when a suspicious item was found in a passenger’s luggage. The terminal was closed for more than six hours after police were called to investigate a...
Disabled Americans rely on rideshare apps but say they still face discrimination
Disabled people who use rideshare apps Lyft and Uber say their experience is not a seamless task of pressing a few buttons and being whisked to their destination minutes later. Instead, people who use wheelchairs and guide dogs have watched drivers cancel rides, charge cleaning fees...
A proposed deal on climate cash at UN summit highlights split between rich and poor nations
BAKU, Azerbaijan (AP) — A new draft of a deal on cash to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion by 2035 from wealthy countries to poorer ones. The amount pleases the countries who will be paying, but not those on the...
What do hundreds of beavers have to do with the future of movies?
NEW YORK (AP) — Hard as it may be to believe, changing the future of cinema was not on Mike Cheslik’s mind when he was making “Hundreds of Beavers.” Cheslik was in the Northwoods of Wisconsin with a crew of four, sometimes six, standing in snow and making his friend, Ryland Tews, fall down...