Global shares are trading mixed ahead of a closely watched U.S. jobs report that may affect global interest rates. Benchmarks fell in early trading in France and Germany but rose in Britain. Shares finished higher in Tokyo, Sydney and Seoul, but fell in Hong Kong and Shanghai. U.S. futures d…
The American economy has an unusual problem: The job market looks too strong — at least to the inflation fighters at the Federal Reserve. Companies are still seeking more workers and hanging tightly onto the ones they have. Putting aside some high-profile layoffs at big tech companies, most …
A grinding crackdown that wiped billions of dollars of value off Chinese technology companies is easing, but the once-freewheeling industry is bracing for much slower growth ahead. Analysts say China's easing of restrictions and talk of support for the private sector reflects Beijing's decis…
Asian shares are trading mixed ahead of a closely watched U.S. jobs report that may affect global interest rates. Tokyo and Sydney advanced while Hong Kong and Shanghai fell. U.S. futures were mixed while oil prices were little changed. On Thursday, the S&P 500 rallied 1.5% a day after h…
Kansas plans to give $304 million in taxpayer-funded incentives to a semiconductor company in its largest city to build a huge new factory. But state officials and Wichita-based Integra Technologies said Thursday that the $1.8 billion project won’t go forward without funds the U.S. governmen…
Amazon has reported worse-than-expected profits but its revenue beat expectations boosted by sales in its cloud-computing unit AWS. Amazon said it earned $300 million, or 3 cents per share, in the October-December quarter. Industry analysts were expecting the Seattle-based company to earn 17…
Growing numbers of people are flocking to U.S. churches that center their practice around a psychedelic tea known as ayahuasca. Organizers and their legal advisers argue a 2006 Supreme Court ruling protects them from prosecution and participants say they are taking part in a religious servic…
Growing numbers of people are flocking to U.S. churches that center their practice around a psychedelic tea known as ayahuasca. Organizers and their legal advisers argue a 2006 Supreme Court ruling protects them from prosecution and participants say they are taking part in a religious service. Some experts raise concerns that the benefits of ayahuasca haven’t been well studied. Many who attend the ceremonies, which can last for days, argue their experience on the illegal substance brings them closer to God than they ever felt at traditional religious services. Surveys have also found many come away feeling better afterwards, with some saying it helped with depression and problems with risky substance use.
Sony has appointed a company veteran as its president to lead the Japanese electronics and entertainment conglomerate through times of change. Hiroki Totoki, Sony's chief financial officer, will become the president and COO. Kenichiro Yoshida remains chairman and chief executive, signaling continuity at the Tokyo-based maker of PlayStation game machines, Bravia TVs and Spider-Man movies. Sony reported a decline in its profit in the last quarter. The managerial change is meant to strengthen Sony’s management across its diverse operations. It has won unanimous board approval. Sony, long synonymous with Japan's technological prowess, has struggled in recent years to optimize its sprawling operations.
Asian stock markets have gained after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned. Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices rose. Wall Street’s benchmark S&P 500 index closed 1% higher after the Fed raised its key lending rate by 0.25 percentage points, a smaller margin than previous increases. Chair Jerome Powell said the “disinflationary process has started” but “ongoing increases” in rates will be needed. That appeared to encourage investors who worry the Fed and European central banks might be willing to push the global economy into recession to cool inflation that is near multi-decade highs.
The amount in state tax breaks Tesla could receive as part of its $3.6 billion expansion of a northern Nevada factory will remain private until late next month due to a nondisclosure agreement between the electric car company and a state board focused on economic development. The Feb. 27 release of the potential tax abatement numbers comes three days before the Nevada Governor’s Office of Economic Development will vote on whether to approve the tax cuts to the electric car-maker. Announced last week, the project will expand an existing operation at the Tahoe Reno Industrial Center, about 20 miles east of Reno-Sparks.
🎧 The hosts discuss a recent study about happiness and whether the philosophy of the stoics can help us in our everyday lives.
The Federal Trade Commission has imposed a $1.5 million penalty on telehealth and prescription drug discount provider GoodRx Holdings Inc. for sharing users’ personal health data with Facebook, Google and other third parties without their consent. In a first-of-its-kind enforcement, California-based GoodRx also accepted that it will be prohibited going forward from sharing user health data with third parties for advertising purposes. Consumer protection advocates are hailing Wednesday’s announcement as a potential game-changer that could seriously curtail a little-known phenomenon: The trafficking in sensitive health data by businesses not strictly classified as health care providers.
Elon Musk’s former chief of staff has testified that the billionaire believed he had a “handshake deal” to take Tesla private in 2018. That was shortly before he tweeted he had the financing for an aborted buyout that still is still haunting him in a high-profile trial. The former aide, Sam Teller, detailed that Musk held with representatives from Saudi Arabia’s Public Investment Fund during testimony in a trial triggered by a class-action lawsuit filed on behalf of Tesla shareholders alleging Musk misled them in August 2018 indicating a buyout of the electric automakers was in the works. A nine-person jury is expected to begin its deliberations Friday.
A mojito’s combination of sweet, citrus, and mint flavors makes in one of the most popular cocktails.
Bolstered by a major menu revamp and store renovations, Subway had a record year in 2022. It has high hopes for 2023 with new meat slicers.
Whether you prefer a cappuccino or a latte, many of us can't face the day without some caffeine. So, here's some good news for those who can't get going without a cup of joe in the morning.
Pasta is one of the world’s most popular foods: It’s versatile, convenient and satisfying. However, it’s a little-known fact that each shape and style is best suited to specific types of Italian cuisine.
You may wonder how I got my start as a builder. The hook was set in Boy Scouts, when I obtained my home repairs merit badge. I then helped pay my way through college working on the weekends and during the summer for a man who restored old homes that he bought out of foreclosure. After graduating from college with my geology degree, I decided to start my own construction business.
Q: I read your column regarding a condominium owner that was denied homeowner’s insurance coverage for sewer water damage he sustained. I don’t believe your answer adequately responds to the issue at hand. It may be relevant in Illinois, but there are substantial differences in other states, and specifically in Florida.
Look through budget-friendly homes for first home buyers and flippers
Q: I am one of four siblings whose mother passed away last year. She had a will. In it, she left an equal share of her house and all other financial assets to her children, all four of us.
Apple and Google say they disagree with a Commerce Department report accusing them of operating mobile app stores that stifle competition. President Joe Biden is convening his competition council for an update on efforts to promote competition and lower prices. Wednesday's Commerce Departmen…
Startup OpenAI released its ChatGPT artificial intelligence tool into the wild late last year with great fanfare. But Google has been more cautious about who gets to play with its AI advancements despite growing pressure for the internet giant to compete more aggressively with rival Microsof…
Apple has kicked off a 10-year partnership with Major League Soccer with the launch of Season Pass on Apple TV+. The Apple launch comes after a transformative year for sports and streaming services. The NFL further embraced streaming last year as Prime Video carried “Thursday Night Football”…
As of 2021, there was enough solar capacity installed in the country to power 23 million American homes.
Reuters reports that next month, the House Foreign Affairs Committee will hold a vote on a bill aimed at halting the use of TikTok in the U.S.
A top European Union official has told Elon Musk that Twitter needs to make progress in preparing for new digital regulations aimed at curbing hate speech, misinformation and other harmful content. EU Commissioner Thierry Breton and Musk held a video call Tuesday to assess Twitter’s readines…
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Household items are a great way to help increase your productivity in 2023.
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The industry has long relied on immigrants to bolster its ranks, and they’ll be critical to meeting future staffing needs, experts say. But as the baby boom generation fills beds, policymakers are slow to open new pathways for foreign workers.
Republican Gov. Greg Gianforte’s Healing and Ending Addiction Through Recovery and Treatment fund has spent $5.2 million since 2021. With a proposed increase, providers and lawmakers alike want to tap into the money.
Perhaps the most thorough of its kind, a new study seems to indicate that tobacco is still the real danger. Veuer’s Tony Spitz has the details.
The Biden administration on Thursday said 15 Native American tribes will get a total of $580 million this year to fund settlements that ensure access to water that's legally theirs. The money will help carry out agreements known as water rights settlements. They define the tribes' rights to water from rivers and other sources and pay for pipelines, pumping stations and canals that deliver it to reservations. Access to reliable, clean water and basic sanitation facilities on tribal lands remains a challenge across many Native American reservations. The U.S. Supreme Court ruled in 1908 that tribes have rights to as much water as they need to establish a permanent homeland.
Kathy Hilton has declared her daughter Paris Hilton is going to be an "amazing" mother. Plus, Amy Robach and T.J Holmes are reportedly set to leave GMA 3, and more recent celeb news.
Buzz Aldrin tied the knot for the fourth time on his 93rd birthday. Get that and more celeb news here.
The brash rock musician evolved from a baby-faced harmony singer with the Byrds to a mustachioed hippie superstar and an ongoing troubadour in Crosby, Stills, Nash & (sometimes) Young.
Kanye West recently exchanged vows with Bianca Censori in a private ceremony. Get more recent celeb news here.
Some of the most popular Super Bowl treats are dangerous for dogs. Here are four that you should keep in mind while you enjoy the game.
his dog helps protect a girl with food allergies. Buzz60’s Keri Lumm has more.
Etiquette experts share the faux pas to avoid while you're out with your pup. Trinity Chavez explains!