Business News
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US gathers allies to talk AI safety as Trump's vow to undo Biden's AI policy overshadows their work
President-elect Donald Trump has vowed to repeal President Joe Biden’s signature artificial intelligence policy when he returns to the White House for a second term
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Judge puts stop to governor's effort to remove Virginia from greenhouse gas initiative
A judge has ruled that Virginia can’t withdraw from a multistate initiative designed to reduce greenhouse gas emissions unless the Legislature agrees to it
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Brazil’s Lula welcomes China's Xi for state visit as ties between countries strengthen
Brazil's President Luiz Inácio Lula da Silva has welcomed China’s President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, in the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025
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Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust
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Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud
The founder of Archegos Capital Management, a hedge fund, has been sentenced to 18 years in prison for his conviction in a securities and market manipulation fraud that prosecutors say cost global investment banks billions of dollars
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Stock market today: Wall Street drifts as Target tumbles
U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface
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As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically
A supplier of fuel for nuclear power plants has announced a $60 million expansion in Tennessee, promising more manufacturing of high-tech centrifuges there to enrich uranium
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Workers at Kentucky electric vehicle battery production complex start drive to unionize
Workers hired for an electric vehicle battery production complex in Kentucky have launched a campaign to join the United Auto Workers
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A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Target has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items
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US prosecutors charge billionaire Gautam Adani with defrauding investors, concealing scheme to bribe officials in India
US prosecutors charge billionaire Gautam Adani with defrauding investors, concealing scheme to bribe officials in India
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