Latest Business News

World leaders plan new agreement on AI at virtual summit co-hosted by South Korea, UK

May. 21, 2024 01:21 AM EDT

SEOUL, South Korea (AP) — World leaders are expected to adopt a new agreement on artificial intelligence when they gather virtually Tuesday to discuss AI’s potential risks but also ways to promote its benefits and innovation. The AI Seoul Summit is a follow-up to November’s...

More companies offer on-site child care. Parents love the convenience, but is it a long-term fix?

May. 21, 2024 01:07 AM EDT

LAS VEGAS (AP) — They operate in places like an airport, a resort, and a distribution center, tucked away from the public eye but close enough for easy access. They often emit laughter — and the sound of tumbling blocks, bouncing balls, and meandering tricycles. They’re child...

Hong Kong will keep watching internet platforms for non-compliance with ban on protest song

May. 21, 2024 00:22 AM EDT

HONG KONG (AP) — Hong Kong's leader said Tuesday his administration would keep monitoring for any non-compliance with a court order that bans a popular protest song, days after YouTube blocked access to dozens of videos of the tune in the city. The ban targets anyone who...

Stock market today: Asian shares mostly decline after Nasdaq ticks to a record high

May. 20, 2024 23:46 PM EDT

TOKYO (AP) — Asian shares mostly fell Tuesday, even as most U.S. stock indexes finished higher, especially technology issues like Nvidia. Japan's benchmark Nikkei 225 rose 0.2% in early trading to 39,141.08. Australia's S&P/ASX 200 lost 0.2% to 7,851.90. South Korea's Kospi...

Saudi Arabia's national carrier orders more than 100 new Airbus jets as it ramps up tourism push

May. 20, 2024 22:52 PM EDT

Saudi Arabia's national airline ordered more than 100 new Airbus jets, a reflection of the kingdom's ambitious drive to lure more tourists. Saudia Group, which represents the Saudia airline and its budget carrier Flyadeal, said Monday that it ordered 105 aircraft from the French...

Scarlett Johansson says a ChatGPT voice is 'eerily similar' to hers and OpenAI is halting its use

May. 20, 2024 21:29 PM EDT

NEW YORK (AP) — OpenAI on Monday said it plans to halt the use of one of its ChatGPT voices that “Her” actor Scarlett Johansson says sounds “eerily similar" to her own. In a post on the social media platform X, OpenAI said it is “working to pause” Sky — the name of one...

Corn, millet and ... rooftop solar? Farm family’s newest crop shows China’s solar ascendancy

May. 20, 2024 21:10 PM EDT

JINAN, China (AP) — Shi Mei and her husband earn a decent enough living by growing corn and millet on their small farm in eastern China's Shandong province. In 2021, they diversified by investing in solar energy — signing a contract to mount some 40 panels on their roof to feed energy to the...

Over $450K recovered for workers of California mushroom farms that were sites of fatal shootings

May. 20, 2024 20:44 PM EDT

HALF MOON BAY, Calif. (AP) — The owners of two Northern California mushroom farms where a farmworker killed seven people in back-to-back shootings last year will pay more than $450,000 in back wages and damages to 62 workers, the Labor Department announced Monday. The owners of...

US says cyberattacks against water supplies are rising, and utilities need to do more to stop them

May. 20, 2024 20:35 PM EDT

WASHINGTON (AP) — Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday as it issued an enforcement alert urging water systems to take immediate actions to protect the nation's drinking water. ...

2 top Penguin Random House editors leaving amid ongoing changes at publishing house

May. 20, 2024 20:29 PM EDT

NEW YORK (AP) — Two top editors at Penguin Random House are leaving as the country's leading trading publisher continues to transform during a period of uncertain revenues and generational change. The Knopf Doubleday Publishing Group, a Penguin Random House division, announced...