Wire stories category, Page 3
Musk the trillionaire? Debate over his Tesla pay package rages
NEW YORK — Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has soared anyway and now he wants the company to pay him more — a lot more. Shareholders gathering Thursday for Tesla’s annual meeting...
Owners urged to park outside as Chrysler recalls 320,000 Jeeps for fire risk
WASHINGTON — Chrysler is recalling more than 320,000 Jeep plug-in hybrid vehicles because of a faulty battery that can fail and lead to a fire, U.S. traffic safety regulators said. Chrysler, which is owned by Netherlands-based Stellantis, is aware of 19 reports and 1 injury potentially related to the issue....
OpenAI turns to Amazon in $38 billion cloud services deal after restructuring
OpenAI has signed a seven-year, $38 billion deal to buy cloud services from Amazon.com, in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker greater operational and financial freedom. The agreement, announced on Monday, will give OpenAI access to hundreds...
Cold weather can deflate your tires. Here’s how to stay safe
Falling temperatures mean falling tire pressure, too. For many parts of the country, the average date of the first fall frost has passed, and the chill of autumn nights has already crept in, according to the Old Farmer’s Almanac. As temperatures fall, tire pressure can decrease one to two pounds...
Neil deGrasse Tyson rejects Harvard prof’s theory that interstellar object sent by aliens
Renowned astrophysicist Neil deGrasse Tyson continues to dismiss the hypothesis of a Harvard University professor that a massive interstellar object careening toward the sun was sent by alien civilization. As he spoke in Erie Oct. 29, the same night the 3I/Atlas comet, the third interstellar object ever discovered in our...
Nvidia tops $5 trillion in total value as Wall Street waits for a Fed announcement
NEW YORK — U.S. stocks are rising toward more records on Wednesday as Wall Street waits to hear from the Federal Reserve in the afternoon about what it will do with interest rates. The S&P 500 added 0.3% in morning trading. The Dow Jones Industrial Average was up 231 points,...
U.S. athletes ‘conscious’ of American image at 2026 Winter Olympics
NEW YORK-U.S. athletes are preparing for anti-American feeling ahead of the Milano-Cortina Winter Olympics, U.S. Olympic and Paralympic Committee (USOPC) leaders said on Tuesday, a little over three months before next year’s global event. U.S. President Donald Trump’s sweeping tariff regime and other policies, including strict travel bans, have sparked...
Amazon to cut about 14,000 corporate jobs in AI push
SAN FRANCISCO — Amazon said Tuesday it will reduce its corporate workforce by about 14,000 people, in a major shakeup driven in part by adoption of artificial intelligence that will result in more cuts next year as well. This will help the company with “further reducing bureaucracy, removing layers, and...
Wall Street scales fresh highs on tech earnings, U.S.-China trade optimism
Wall Street’s main indexes posted record closing highs for the second day in a row on Monday as investors were hopeful about the prospects for a U.S.-China trade deal and looked forward to a week packed with high-profile technology earnings and a widely expected U.S. interest rate cut. President Donald...
Automakers face serious production disruptions because of looming chips crisis
The Detroit automakers are staring at a looming semiconductor chip crisis that could put the brakes on much of their new car production. A group representing major carmakers has warned that a dispute between China and the Dutch government has brought on a disruption in the delivery of semiconductor chips,...
Target plans to cut 1,800 corporate roles, Wall Street Journal reports
Target plans to cut around 1,800 corporate roles as part of its strategy to reverse stagnant sales, the Wall Street Journal reported on Thursday, citing people familiar with the matter. As of February 1, the company had about 440,000 employees. The company’s restructuring follows 11 consecutive quarters of weak or...
Grounded paychecks: 60,000 air safety workers tighten belts as U.S. shutdown drags on
The 60,000 men and women responsible for keeping American skies safe have gone unpaid throughout the government shutdown. Without a funding agreement soon, many will be forced to dip into savings, rack up credit-card debt, or take on part-time jobs to make ends meet, several federal employees said. The shutdown...
OpenAI launches Atlas browser to compete with Google Chrome
OpenAI introduced its own web browser, Atlas, on Tuesday, putting the ChatGPT maker in direct competition with Google as more internet users rely on artificial intelligence to answer their questions. Making its popular AI chatbot a gateway to online searches could allow OpenAI, the world’s most valuable startup, to pull...
Trump urges American cattle ranchers to lower prices as he touts tariffsVideo
WASHINGTON — President Donald Trump on Wednesday said U.S. cattle ranchers are benefiting from tariffs he has imposed on imports but must lower prices to encourage American consumers to buy their beef. Trump earlier this week said the administration was considering importing Argentine beef as a means of lowering record-high...
Trump says 100% tariffs on China not sustainable
WASHINGTON — President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable but blamed China for the latest impasse in trade talks that began with Beijing tightening control over its rare earth exports. Asked whether such a high tariff was sustainable and what that...
U.S. rejects bid to lease coal from public lands in Utah as sales in western states fall flat
BILLINGS, Mont. — Federal officials rejected a mining company’s bid for more than 6 million tons of coal beneath a national forest in Utah, marking the third proposed coal sale from public lands in the West to fall through this month, the Interior Department disclosed Thursday. The failed sales mark...
Miss Major, ‘foundational mother’ of transgender movement, Stonewall veteran, dies at 78
Miss Major Griffin-Gracy, an early activist for transgender rights and one of the protesters in the Stonewall Inn riots that sparked the modern movement for LGBTQ+ equality, has died. She was 78. Miss Major, as she was known professionally, died on Oct. 13 in the comfort of her home in...
U.S. air safety at risk with traffic controllers as ‘pawns’ in shutdown, official says
ARLINGTON, Virginia/NEWARK-More than 13,000 U.S. air traffic controllers face rising stress and financial insecurity after Tuesday’s disbursement of what will be their last paycheck during the government shutdown, posing potential risks for air travel, the head of an employee union said. Transportation Secretary Sean Duffy said last week that staffing...
Trump awards Charlie Kirk nation’s top honor: Presidential Medal of Freedom
WASHINGTON — President Donald Trump on Tuesday awarded the Presidential Medal of Freedom, the nation’s highest civilian honor, to slain activist Charlie Kirk, a prominent voice in the conservative movement before his assassination last month. “Today we’re here to honor and remember a fearless warrior for liberty, beloved leader who...
Trump says he will unveil list on Friday of ‘Democrat programs’ to be shut
WASHINGTON - President Donald Trump said on Tuesday at the White House that his administration planned to produce a list on Friday of “Democrat programs” that will be closed as a result of the ongoing federal government shutdown. He did not specify the programs but indicated that the closures would...
How the United States is eating Trump’s tariffs
FRANKFURT/WASHINGTON — U.S. companies and consumers are bearing the brunt of the country’s new import tariffs, early indications show, contradicting assertions by President Donald Trump and complicating the Federal Reserve’s fight against inflation. Trump famously predicted that foreign countries would pay the price of his protectionist policies, wagering that exporters...
Analysis: How the United States is eating Trump’s tariffs
U.S. companies and consumers are bearing the brunt of the country’s new import tariffs, early indications show, contradicting assertions by President Donald Trump and complicating the Federal Reserve’s fight against inflation. Trump famously predicted that foreign countries would pay the price of his protectionist policies, wagering that exporters would absorb...
Major U.S. online retailers remove listings for millions of prohibited Chinese electronics
The chair of the Federal Communications Commission said Friday major U.S. online retail websites have removed several million listings for prohibited Chinese electronics as part of a crackdown by the agency. FCC Chair Brendan Carr said in an interview the items removed are either on a U.S. list of barred...
Wall Street selloff raises worries about market downturn
NEW YORK — Investor worries Wall Street’s record stock rally would soon fizzle loomed large after tariffs re-emerged as a market risk. U.S. equity markets, fresh off midweek record highs, performed an about-face Friday after President Donald Trump revived threats to hike tariffs against China, triggering worries that a possible...
Oil prices fall as risk premium fades after Gaza deal
LONDON -Oil prices declined to multi-month lows on Friday as the market’s risk premium faded after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza. Brent crude futures were down $1.73, or 2.7%, at $63.49 a barrel at 1316 GMT. Earlier, they...
