Business

Apple is pulling its AI news summarization feature after a series of false headlines.

Apple pulling new AI news summary feature after series of false headlines

Google is pushing back against the European union by refusing to add fact checking, despite the requirements of a new European Union law.

Google won’t add fact-checking despite new European Union law: Report

Will Trump really lower your grocery bill? Most Americans doubt it

The law requires the short form video app’s parent company ByteDance to sell it by Sunday, Jan. 19 or be shut down in the United States.

Supreme Court unanimously upholds TikTok ‘ban,’ app plans shutdown in US

American Express has agreed to pay $230 million in penalties after settling with the Justice Department and others.

American Express to pay $230 million to settle deceptive sales claims

SpaceX says its Starship, the world’s largest rocket, exploded Thursday, Jan. 16, shortly after taking off from Texas for its seventh launch.

SpaceX Starship explodes over Caribbean Sea minutes after launch

Sen. Ted Cruz introduced a bill Thursday that would make President-elect Donald Trump’s no-tax-on-tips campaign promise a reality.

Ted Cruz introduces ‘No Tax on Tips’ bill echoing Trump campaign promise

With Russia’s economy teetering and its invasion of Ukraine nearing the three-year mark, China is capitalizing.

China to buy Russian coal mine as it invests in country’s weak economy

FDA approves sale of ZYN nicotine pouches, citing lower health risks than cigarettes

FDA allows sale of ZYN nicotine pouches, cites lower risks than cigarettes

The FTC sued John Deere over the right to repair, claiming the company reaps profits by pushing farmers to authorized dealers.

John Deere blames politics for FTC lawsuit on farmers’ right to repair

The auto industry is bracing for Monday when President-elect Donald Trump is sworn in and implements tariffs on Canada and Mexico.

How Trump’s tariffs on day one might impact car prices and auto industry

The company behind efforts to bring back the woolly mammoth from extinction is now reportedly valued at $10.2 billion.

Colossal Biosciences rakes in $200M as it attempts to resurrect woolly mammoth

Canada is considering its own tariffs on U.S. goods in response to President-elect Donald Trump's tariff threat.

Canada weighs own tariffs, oil export limits to US in response to Trump threat

President-elect Donald Trump is weighing action to delay TikTok’s looming ban as the app’s deadline to sell its U.S. operations approaches. Congress passed a law last year requiring TikTok’s Chinese parent company, ByteDance, to divest its American assets, citing national security concerns. The ban is reportedly set to take effect Sunday Jan. 19, unless action is taken.

Trump eyes executive order to save TikTok as ban nears: Reports

British Petroleum, the U.K.-based oil and gasoline company commonly known as BP, is cutting nearly 5,000 jobs across the globe.

BP to slash thousands of jobs in cost-cutting move

Thursday, Jan. 16, saw a big win for billionaire Jeff Bezos’ space company, Blue Origin, as its New Glenn rocket blasted off into orbit. The company’s first rocket, powerful enough to launch satellites into space, took off just after 2 a.m. ET from Cape Canaveral Space Force Station in Florida. All seven of its engines fired successfully.

Blue Origin’s New Glenn rocket lifts off on first space flight

The decision affects policies for homeowners, renters and condo associations, including most policies it has in Pacific Palisades.

State Farm offers renewals for people affected by LA fires it planned to drop

Staff members at The Washington Post are calling on owner Jeff Bezos to meet with them in person amid growing employee concerns.

Washington Post staff send Jeff Bezos letter requesting meeting amid woes

FDA bans Red No. 3 in food and drinks by 2027 due to potential cancer risk

FDA bans Red No. 3 in food and drinks due to potential cancer risk

Walgreens CEO acknowledged this week that the company's added security have had a negative impact on the pharmacy giant's sales.

Walgreens CEO says locking up popular items hurts more than it helps

More than a dozen attorney generals across the U.S. signed a letter to Walmart CEO Doug McMillon, urging the company to restore DEI programs.

Several attorneys general urge Walmart to reconsider DEI rollbacks

The three biggest pharmacy benefit managers marked up "lifesaving" medications to generate $7.3 billion in five years, according to the FTC.

‘Big 3’ pharmacy benefit managers marked up drugs by $7.3B: FTC

Inflation continued in the wrong direction in December. Consumer prices rose 2.9% on the year, the third straight month of rising inflation.

Inflation rises 2.9% in 2024 as consumer prices heat up heading into 2025

CFPB sues Capital One for allegedly misleading consumers, cheating them out of $2 billion on high-interest savings accounts.

US watchdog sues Capital One, alleges bank cheated customers out of $2B

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