NYC Wants To Help Those Hit By ‘War On Drugs’ Sell Legal Pot
NEW YORK (AP) — New York City Mayor Eric Adams says he wants the city to promote its impending legal cannabis industry and assist people from minority communities most affected by ...
Netflix Aims To Curtail Password Sharing, Considers Ads
SAN FRANCISCO (AP) — An unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted: Minimizing password sharing and creating a low-cost subscriptio...
Netflix Shares Drop 25% After Service Loses 200K Subscribers
SAN FRANCISCO (AP) — Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering stream...
Citing Russia’s War, IMF Cuts Global Growth Forecast To 3.6%
WASHINGTON (AP) — The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global ...
On Tax Day, An Extension May Be Better Than Rushing A Return
WASHINGTON (AP) — Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS expects to receive tens of millions of last-minute filings electroni...
Elon Musk Offers To Buy Twitter For $43 Billion
Tesla CEO Elon Musk is offering to buy Twitter, saying the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private ...
US Jobless Claims Rise But Remain Near A Half-Century Low
WASHINGTON (AP) — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near r...
Amazon Adds 5% ‘Fuel And Inflation Surcharge’ To Seller Fees
Amazon is taking a step to offset its rising costs, announcing Wednesday it will add a 5% “fuel and inflation surcharge” to fees it charges third-party sellers who use the e-commer...
Elon Musk Accused Of Breaking Law While Buying Twitter Stock
SAN FRANCISCO (AP) — Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing h...
US Inflation Jumped 8.5% In Past Year, Highest Since 1981
WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American con...
Once A Retail Giant, Kmart Down To 3 Stores After NJ Closing
AVENEL, N.J. (AP) — The familiar sights and sounds are still there: the scuffed and faded floor tiles, the relentless beige-on-beige color scheme, the toddlers' clothes and refrige...
Tesla CEO Elon Musk Won’t Join Twitter’s Board After All
SAN FRANCISCO (AP) — Twitter's largest investor, billionaire Elon Musk, is reversing course and will no longer join the company's board of directors less than a week after being aw...
Musk Suggests Twitter Changes, Including Accepting Dogecoin
As Twitter’s newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he’d like to see on the social media platform.
In a series of twe...
Musk Says Tesla Will Build Vehicle Designed To Be A Robotaxi
AUSTIN, Texas (AP) — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrati...
Tesla Holds The Biggest By-Invitation-Only Party In Texas
AUSTIN Texas (AP) — The “Cyber Rodeo at Giga Texas,” an invitation-only party for thousands of guests at Tesla’s new billion-dollar-plus “Gigafactory” in Austin, was the biggest se...
US Jobless Claims Stay At Historically Low Levels Last Week
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels.
Jobless claims fell by 5,000 to 166,000 for the week ...
Yellen Calls For Crypto Regulation To Reduce Risks, Fraud
WASHINGTON (AP) — Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off f...
Forbes Cites Joshua Kushner, Not His Brother Jared, As The Jewish Family’s First Billionaire
NEW YORK (JTA) - Joshua Kushner, younger brother to Jared Kushner, the advisor to former President Donald Trump, has made it onto Forbes’ annual World’s Billionaires List.
Josh ...
Toyota Buyers Soon Will Lose US Electric Vehicle Tax Credits
DETROIT (AP) — Toyota customers soon won't be able to get U.S. federal tax credits for buying electric or hybrid vehicles.
The automaker expects that sometime before the end of ...
Fed Signals More Aggressive Steps To Fight Inflation
WASHINGTON (AP) — Federal Reserve officials are signaling that they will take a more aggressive approach to fighting high inflation in the coming months — actions that will make bo...