'Complete meltdown': Driverless cars in San Francisco stall causing a traffic jam
San Francisco residents were caught off guard this weekend after Cruise self-driving cars caused a traffic jam, according to social media posts. The obstruction came a few days after California regulators approved robotaxi companies to operate their driverless cars 24/7 throughout the city.
2023-08-15 03:45
Biden urges UAW and Big Three automakers to reach deal to avoid strike
President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation's three unionized automakers -- Ford, General Motors, and Stellantis, known as the "Big Three" -- one month ahead of a critical deadline for labor talks.
2023-08-15 03:18
Maui Wildfires Have Devastated the Hawaiian Island—Here are 5 Organizations That Are Helping
Maui residents need a tremendous amount of support right now. Here's how you can help.
2023-08-15 02:47
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:53
Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says
A year after Democrats passed their sweeping $750 billion climate and health care law, it's leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
2023-08-15 01:45
Hawaiian Electric stock plunges 40% after lawsuit alleges it failed to shut power off ahead of the Maui wildfires
Hawaiian Electric's stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui's devastating wildfires were caused by the utility's energized power lines that were knocked down by strong winds.
2023-08-15 01:26
Coinbase launches nonprofit crypto advocacy group
Coinbase is launching an independent nonprofit organization for advancing pro-crypto legislation through Congress, hoping to build on recent legislative and legal wins for the digital asset industry.
2023-08-15 00:21
US Steel rejects buyout offer from rival Cleveland-Cliffs
Shares of US Steel soared Monday on news that rival Cleveland-Cliffs has proposed a purchase of the company, a move that would create the nation's largest steelmaker.
2023-08-15 00:18
Does it matter to stocks whether the Federal Reserve hikes or pauses rates in September?
After the Federal Reserve raised interest rates in July to the highest level in 22 years, Wall Street's focus is on whether September will bring another rate hike.
2023-08-14 19:16
Thinking of buying a new pair of jeans? Breaking down the cost over time might help you decide
Shoppers are looking beyond just the price tag of a skirt or a pair of pants in the wake of still stubbornly high inflation
2023-08-14 17:15
What to stream this week: 'The Monkey King,' Stand Up to Cancer, 'No Hard Feelings,' new Madden game
This week’s new entertainment releases include albums from Irish singer-songwriter Hozier and Idina Menzel, the animated “The Monkey King” from Stephen Chow and Jennifer Lawrence’s R-rated comedy “No Hard Feelings.”
2023-08-14 12:22
US Steel receiving acquisition offers as company promises to maximize stockholder value
United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a Sunday press release from the company.
2023-08-14 01:30