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1 hour ago

How major US stock indexes fared Monday, 5/20/2024

U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record
1 hour ago
1 hour ago

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

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
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2 hours ago

Bankruptcy judge approves Genesis Global plan to refund $3 billion to creditors, crypto customers

A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors, including thousands of people who New York regulators say were defrauded by the company
2 hours ago
2 hours ago

Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away

Billionaire philanthropist Rob Hale has surprised the graduating class at the University of Massachusetts Dartmouth by giving each of them $1,000
2 hours ago
In this photo provided by University of Massachusetts Dartmouth, is billionaire Robert Hale, right, with a graduate student onstage at the graduation ceremony Thursday, May 16, 2024, in Dartmouth, Mass. Hale gifted graduates at the University of Massachusetts Dartmouth each with $1,000., with the condition that they give $500 away. Hale revealed the gift to more than 1,100 graduates. (Karl Christoff Dominey/University of Massachusetts Dartmouth via AP)
2 hours ago

Top U.S. drug agency a notable holdout in Biden's push to loosen federal marijuana restrictions

The Biden administration’s push to reclassify marijuana as a less-dangerous drug is going forward without the support of the nation’s premier narcotics agency
2 hours ago
FILE - An indoor cannabis farm in Gardena, Calif., is seen, Aug. 15, 2019. The Biden administration’s push to reclassify marijuana as a less-dangerous drug is going forward without the support of the nation’s premier narcotics agency. Newly released government records show the Drug Enforcement Administration requested more information on supporting science to reclassify marijuana but the Justice Department decided to move ahead without the drug agency’s signoff — an unprecedented omission. (AP Photo/Richard Vogel, File)
2 hours ago

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery fell 26 cents to $79.80 per barrel Monday
2 hours ago
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Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions

Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the country
2 hours ago
2 hours ago

Is it too late to join the bull market? Experts weigh in.

The Dow stands above 40,000 for the first time in history.
2 hours ago
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) in New York City, May 14, 2024.
2 hours ago

Microsoft's AI chatbot will 'recall' everything you do on a PC

Microsoft wants laptop users to get so comfortable with its artificial intelligence chatbot that it will remember everything you’re doing on your computer and help figure out what you want to do next
2 hours ago
Microsoft CEO Satya Nadella speaks during a showcase event of the company's AI assistant, Copilot, ahead of the annual Build developer conference at Microsoft headquarters, Monday, May 20, 2024, in Redmond, Wash. (AP Photo/Lindsey Wasson)
3 hours ago

California congressman urges closer consultation with tribes on offshore wind

A California congressman says tribes should be more involved in the decision-making process for the development of the first offshore wind farms along the West Coast
3 hours ago
FILE - Turbines operate at the Block Island Wind Farm, Dec. 7, 2023, off the coast of Block Island, R.I. A California congressman is asking for tribes to be part of the decision-making as the first offshore wind farms are developed along the West Coast. U.S. Rep. Jared Huffman sent a letter to federal regulators Friday, May 17, 2024, asking that they “urgently place” a senior official in California to respond to tribal needs as offshore wind is developed. (AP Photo/Julia Nikhinson, File)
3 hours ago

EPA warns of increasing cyberattacks on water systems, urges utilities to take immediate steps

The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severe
3 hours ago
FILE - This photo provided by the Municipal Water Authority of Aliquippa shows the screen of a Unitronics device that was hacked in Aliquippa, Pa., Saturday, Nov. 25, 2023. Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday, May 20, 2024, as it issued an enforcement alert urging water systems to take immediate actions to protect the nation's drinking water from electronic threats. (Municipal Water Authority of Aliquippa via AP, File)
3 hours ago

Senate report finds parts made with China's forced labor in cars by BMW, Jaguar Land Rover and VW

A Senate inquiry has found BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor
3 hours ago
FILE - Sen. Ron Wyden, D-Ore., speaks with reporters on Capitol Hill on March 20, 2024, in Washington. A Senate inquiry has found BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor. "Automakers are sticking their heads in the sand and then swearing they cannot find any forced labor in their supply chains," said Wyden. "Automakers' self-policing is clearly not doing the job." (AP Photo/Mariam Zuhaib, File)
4 hours ago

Is that 'Her'? OpenAI pauses a ChatGPT voice after some say it sounds like Scarlett Johansson

OpenAI says it plans to halt the use of one of its ChatGPT voices after some users said it sounded like “Her” actor Scarlett Johansson
4 hours ago
FILE - The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, March 21, 2023, in Boston. OpenAI plans to halt the use of one of its ChatGPT voices after some drew similarities to actor Scarlett Johansson, who famously portrayed a fictional AI assistant in the (perhaps no longer so futuristic) film “Her.” (AP Photo/Michael Dwyer, File)
4 hours ago

'The Apprentice,' about a young Donald Trump, premieres in Cannes

While Donald Trump’s hush money trial entered its sixth week in New York, an origin story for the Republican presidential candidate premiered at the Cannes Film Festival, unveiling a scathing portrait of Trump in the 1980s
4 hours ago
Sebastian Stan poses for photographers upon arrival at the premiere of the film 'The Apprentice' at the 77th international film festival, Cannes, southern France, Monday, May 20, 2024. (Photo by Scott A Garfitt/Invision/AP)
May 20

Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87

Boesky, involved in one of the biggest insider trading scandals, dies at 87.
May 20
FILE - Ivan F. Boesky, center, leaves federal court in New York, April 24, 1987 after pleading guilty to one count of violating federal securities laws. Boesky, the flamboyant stock speculator whose cooperation with the government cracked open one of the largest insider trading scandals on Wall Street, has died at the age of 87. (AP Photo/G. Paul Burnett, File)
May 20

Ivan Boesky, involved in one of Wall Street's biggest insider trading scandals, dies at age 87, according to reports

Ivan Boesky, involved in one of Wall Street's biggest insider trading scandals, dies at age 87, according to reports
May 20
May 20

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

Saudi Arabia’s national airline said Monday that it ordered more than 100 new Airbus jets, a reflection of the kingdom’s ambitious drive to lure more tourists
May 20
FILE - The new Airbus A320neo takes off for its first test flight at Toulouse-Blagnac airport, southwestern France, Thursday, Sept. 25, 2014. Saudi Arabia's national airline said Monday, May 20, 2024, that it ordered more than 100 new Airbus jets, a reflection of the kingdom's ambitious drive to lure more tourists. (AP Photo/Frederic Lancelot, File)
May 20

Norwegian Cruise Line, Wix.com rise; Cushman & Wakefield, Target fall, Monday, 5/20/2024

Stocks that traded heavily or had substantial price changes on Monday: Norwegian Cruise Line, Wix
May 20
May 20

Insider Q&A: CIA's chief technologist's cautious embrace of generative AI

The CIA’s first chief technology officer Nand Mulchandani is marshaling generative AI tools to the intelligence agency
May 20
(AP Illustration/Jenni Sohn)
May 20

Top Democrat calls for Biden to replace FDIC chairman to fix agency's 'toxic culture'

The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp. on Monday, saying the agency is broken and there must be “fundamental changes."
May 20
FILE - Federal Deposit Insurance Corporation Board of Directors Chairman Martin Gruenberg, testifies during the House Committee on Financial Services hearing on oversight of prudential regulators, Wednesday, Nov. 15, 2023, on Capitol Hill in Washington. The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corporation on Monday, May 20, 2024, saying the agency is broken and there must be “fundamental changes at the FDIC.” (AP Photo/Mariam Zuhaib, File)
May 20

This Week: Home sales, Fed meeting minutes and consumer sentiment index

The National Association of Realtors releases its monthly snapshot of existing U.S. home sales Wednesday
May 20
May 20

Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

Uber and Lyft say they’ll keep operating in Minnesota after the state Legislature passed a compromise driver pay package
May 20
Dozens of protesters descend a staircase in the Minnesota State Capitol building in St. Paul, Minn., Friday, May 17, 2024, while holding signs and pushing for a law that would require ride-hailing companies – including Uber and Lyft -- to increase pay for drivers in the state. Uber and Lyft have said they will leave the state if Minnesota lawmakers pass legislation requiring the companies to raise driver pay by more than the companies want to. (AP Photo/Trisha Ahmed)
May 20

Target to lower prices on thousands of basic items as inflation sends customers scrounging for deals

Target is cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets
May 20
FILE - Gallons of reduced fat and whole milk sit on display in a refrigerated case in a Target store April 29, 2024, in Littleton, Colo. Target plans on cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets. (AP Photo/David Zalubowski, File)
May 20

Red Lobster seeks bankruptcy protection days after closing dozens of restaurants

Casual dining chain Red Lobster has filed for Chapter 11 bankruptcy protection
May 20
A Red Lobster restaurant is seen in Schaumburg, Ill., Monday, May 20, 2024. Red Lobster is seeking bankruptcy protection days after closing dozens of restaurants. (AP Photo/Nam Y. Huh)
May 20

Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk

Indonesia’s top investment official says the government has proposed building an electric vehicle battery plant to Tesla CEO Elon Musk
May 20
A participant walks at a venue of the 10th World Water Forum in Nusa Dua, Bali, Indonesia on Monday, May 20, 2024. (AP Photo/Firdia Lisnawati)
May 20

Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease

Numbers show that the economy during Donald Trump’s presidency has never lived up to his own hype
May 20
FILE - Republican presidential candidate former President Donald Trump speaks at a campaign rally, May 1, 2024, in Waukesha, Wis. Numbers show that the economy during Trump's presidency has never lived up to his own hype. But polling shows Americans are more confident about his economic leadership than that of President Joe Biden. The question of who can best steer the U.S. economy could be a deciding factor in who wins November's presidential election.( AP Photo/Morry Gash, File)
May 20

Sour Patch Kids Oreos? Peeps Pepsi? What's behind the weird flavors popping up on store shelves

Surprising flavor combinations – think gravy-flavored Jones Soda or Sour Patch Kids Oreos -- are showing up more frequently in grocery stores and restaurants
May 20
An assortment of ice cream flavors is shown at a Van Leeuwen shop on Wednesday, May 15, 2024, in the Brooklyn borough of New York. Shock flavors generally don’t end up on the permanent menu at Van Leeuwen because of their lower “eat-ability.” (AP Photo/Frank Franklin II)
May 20

Stock market today: Nasdaq composite ticks higher to a record after a quiet day on Wall Street

U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record
May 20
FILE - The New York Stock Exchange is shown on Thursday, May, 16, 2024, in New York. World stocks have advanced on Monday, May 20, 2024, after U.S. stock indexes drifted near their records on Friday with the Dow Jones Industrial Average finishing above 40,000 for the first time. (AP Photo/Peter Morgan, File)
May 19

Things to know about an AI safety summit in Seoul

South Korea is set to host a mini-summit this week on risks and regulation of artificial intelligence
May 19
FILE - Britain's Prime Minister Rishi Sunk, center, speaks during a plenary session at the AI Safety Summit at Bletchley Park in Milton Keynes, England, on Nov. 2, 2023. South Korea is set to host a mini-summit this week on risks and regulation of artificial intelligence, following up on an inaugural AI safety meeting in Britain in 2023 that drew a diverse crowd of tech luminaries, researchers and officials. (AP Photo/Alastair Grant, Pool, File)
May 19

China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales

China’s Ministry of Commerce has announced sanctions against Boeing and two other defense companies for their arms sales to Taiwan
May 19
FILE - The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exchange, July 13, 2021. China's Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday, May 20, 2024, for arms sales to Taiwan, on the day of Taiwan's presidential inauguration. (AP Photo/Richard Drew, File)
May 19

China sanctions Boeing, two other U.S. defense companies on day of Taiwan's presidential inauguration

China sanctions Boeing, two other U.S. defense companies on day of Taiwan's presidential inauguration
May 19
May 19

Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature

A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature before the midnight deadline
May 19
FILE - A passerby walks past a sign offering directions to an Uber and Lyft ride pickup location at an airport, Feb. 9, 2021. (AP Photo/Steven Senne, File)
May 19

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90

Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died
May 19
FILE - Two pedestrians walk near an entrance to a Nordstrom department store at the Grove mall in Los Angeles, Dec. 2, 2021. Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died. Seattle-based Nordstrom Inc. said its former chairman died at his home, Saturday, May 18, 2024. He was 90. (AP Photo/Jae C. Hong, File)
May 19

Russian court freezes assets of 2 German banks in gas project dispute

The Russian state news agency Tass says a court in St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in Russia
May 19
May 19

What happened in the UK's infected blood scandal from the 1970s to '90s?

The final report of the U.K.’s infected blood inquiry has been published, six years after it started its work
May 19
Infected blood campaigners gather in Parliament Square, ahead of the publication of the final report into the scandal, in London, Sunday, May 19, 2024. The final report of the U.K.’s infected blood inquiry will be published Monday, six years after it started its work. The inquiry heard evidence as to how thousands of people contracted HIV or hepatitis from transfusions of tainted blood and blood products in the 1970s and 1980s. (Aaron Chown/PA via AP)
May 19

Companies are trying to attract more smartphone users across Africa. But there are risks

Internet-enabled phones can play a unique role in sub-Saharan Africa, where infrastructure and public services are among the world’s least developed
May 19
Anita Akpeere, who uses her mobile phone to run her business, stands inside her restaurant in Accra, Ghana, Tuesday, April 23, 2024. (AP Photo/ Misper Apawu)
May 19

Disneyland character and parade performers in California vote to join labor union

Disneyland performers who help bring Mickey Mouse, Cinderella and other beloved characters to life have chosen to unionize following a three-day vote
May 19
FILE - Visitors follow Mickey Mouse for photos at Disneyland, Jan. 22, 2015, in Anaheim, Calif. Disneyland performers who help bring Mickey Mouse, Cinderella and other beloved characters to life at the Southern California resort chose to unionize following a three-day vote culminating on Saturday, May 18, 2024. (AP Photo/Jae C. Hong, File)
May 18

Elon Musk launches Starlink satellite internet service in Indonesia, world's largest archipelago

Elon Musk has traveled to Indonesia’s resort island of Bali to launch Starlink satellite internet service in the world’s largest archipelago nation
May 18
Elon Musk talks to press media during the launch of Starlink satellite internet service at a public health center in Denpasar, Bali, Indonesia on Sunday, May 19, 2024. Elon Musk arrived in Indonesia's resort island of Bali to launch Starlink satellite internet service in the world's largest archipelago nation. (AP Photo/Firdia Lisnawati)
May 18

Vegas tourism authority sponsoring each Aces player for $100K in 2024 and 2025; WNBA investigating.

Vegas tourism authority sponsoring each Aces player for $100K in 2024 and 2025.
May 18
From left, Las Vegas Aces guard Sydney Colson, guard Kierstan Bell and forward Alysha Clark react as they open boxes with their 2023 championship rings before a WNBA basketball game Tuesday, May 14, 2024, in Las Vegas. (AP Photo/John Locher)
May 18

Yemen's Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military says

Yemen’s Houthi rebels hit an oil tanker in the Red Sea with a ballistic missile, damaging the Panama-flagged, Greek-owned vessel in their latest assault over the Israel-Hamas war
May 18
This is a locator map for Yemen with its capital, Sanaa. (AP Photo)
May 18

88rising record label paving the way for Asian artists in all genres in America

88rising has been a key driver in globalizing the music scene.
May 18
VIDEO: 88rising: Inside the movement celebrating Asian artists
May 18

Trump trusted more than Biden on inflation, a top issue for voters, poll shows

Eighty-five percent of people surveyed said inflation is an important issue.
May 18
President Joe Biden, left, and Former President Donald Trump.
May 17

Jury finds Honolulu's former top prosecutor and 5 others not guilty in a federal bribery case

Honolulu's former top prosecutor has been found not guilty in a bribery case that alleged employees of an engineering and architectural firm bribed him with campaign donations in exchange for his prosecution of a former company employee
May 17
FILE - Honolulu Prosecuting Attorney Keith Kaneshiro talks to The Associated Press in Honolulu, March 2, 2016. A jury found Honolulu's former top prosecutor, Kaneshiro, not guilty, Friday, May 17, 2024, in a bribery case that alleged employees of an engineering and architectural firm bribed him with campaign donations in exchange for his prosecution of a former company employee. (AP Photo/Cathy Bussewitz, File)
May 17

UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company

U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves
May 17
May 17

New endangered listing for rare lizard could slow oil and gas drilling in New Mexico and West Texas

Federal wildlife officials have declared a rare lizard in southeastern New Mexico and West Texas an endangered species
May 17
FILE - This May 1, 2015, file photo shows a Dunes Sagebrush lizard in N.M. Federal wildlife officials declared the rare lizard in southeastern New Mexico and West Texas an endangered species, citing future energy development, sand mining and climate change as the biggest threats to its survival in one of the world's most lucrative oil and natural gas basins. (U.S. Fish and Wildlife Service via AP, File)
May 17

How major US stock indexes fared Friday, 5/17/2024

U.S. stocks drifted to a mostly higher close on Wall Street, marking their fourth winning week in a row
May 17
May 17

Mercedes-Benz workers in Alabama vote 'no' to joining union

The defeat follows a UAW victory at a Volkswagen plant in Tennessee last month.
May 17
Mercedes employees Austin Brooks, David Johnston and Jacob Ryan attend a rally in Tuscaloosa, AL, May 5, 2024.
May 17

Employees at Alabama Mercedes plants vote 56% against union, slowing United Auto Workers’ organizing drive in the South

Employees at Alabama Mercedes plants vote 56% against union, slowing United Auto Workers’ organizing drive in the South
May 17
May 17

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 72 cents to $79.95 per barrel Friday
May 17
May 17

Police conclude investigation into suicide of Boeing whistleblower

Police say a former Boeing manager who raised safety questions about the aircraft maker took his own life
May 17