Wire stories category, Page 100
U.S. agency examining Tesla unintended acceleration complaint
DETROIT — The U.S. government’s auto safety agency is looking into allegations that all three of Tesla’s electric vehicle models can suddenly accelerate on their own. An unidentified person petitioned the National Highway Traffic Safety Administration asking for an investigation into the problem. An agency document shows 127 owner complaints...
Stock indexes rally to more record highs, led by tech gains
Stocks closed broadly higher on Wall Street, pushing major indexes to new record highs. A batch of solid economic data injected more optimism into markets Thursday, a day after the U.S. and China signed an initial trade deal. Technology companies including Microsoft led the gains. Morgan Stanley rose sharply after...
Microsoft: ‘carbon-negative’ by 2030, even for supply chain
Microsoft is pledging to become 100% “carbon-negative” by 2030 by removing more carbon from the environment than it emits. CEO Satya Nadella said Thursday that the commitment will happen “not just across our direct emissions, but across our supply chain, too.” It’s a major step up from Microsoft’s previous green...
GM bids to buy land for a new battery factory in Lordstown
General Motors wants to build a new battery factory in Lordstown, Ohio, right next door to its former car assembly plant that it shuttered and sold last year. The automaker said it has a purchase agreement to buy a 158-acre vacant site in Trumbull County, Ohio. It is land GM...
Warner Bros. breaks ground on massive new studio with Gehry-designed ‘iceberg buildings’
Warner Bros. on Tuesday officially broke ground on a pair of Frank Gehry-designed office towers, which when completed will mark a major expansion of the Burbank, Calif.-based movie and TV studio’s headquarters. The project, first announced in April, was commemorated in a ceremony with Warner Bros. Chief Executive Ann Sarnoff...
Climate is changing. Investing needs to, too, says BlackRockVideo
NEW YORK — A changing climate means dramatic risks for the world — and for investments too, the chief of the world’s largest investment manager said Tuesday. To prepare for and protect against those risks, BlackRock CEO Laurence Fink said in his influential annual letter to CEOs that his firm,...
U.S. drops designation of China as currency manipulator
WASHINGTON — The Trump administration is dropping its designation of China as a currency manipulator in advance of the signing Wednesday of a Phase 1 U.S.-China trade agreement. The preliminary pact that the two sides are set to sign includes a section that’s intended to prevent China from manipulating its...
Microsoft ends free Windows 7 security updates on Tuesday
If you’re still using Microsoft’s Windows 7, your computer might soon be at risk. Microsoft will stop providing free security updates for the system on Tuesday, meaning computers using it will be more vulnerable to malware and hacking. Users who want to protect their computers need to upgrade to Windows...
Chat logs, emails show cavalier attitude by Boeing employees
NEW YORK (AP) — Internal documents reveal that Boeing employees were aware of problems with the Max 737 jet ahead of two deadly crashes, and that the company emphasized speed over safety during the approval process with the Federal Aviation Administration. The documents were made public Thursday by Boeing at...
Carnival Cruise Line’s new dress code bans ‘offensive’ clothingVideo
Carnival Cruise Line has expanded its dress code policy to include a ban on “offensive” clothing. The new rules state “items worn during the cruise should not contain any message that may be considered offensive or contain nudity, profanity, sexual innuendo/suggestions,” according to the company’s website. “Clothing/accessories should not promote...
Facebook riles tiny Oregon town with plan for undersea cable
TIERRA DEL MAR, Ore. — A battle playing out in Oregon is pitting residents of a tiny coastal town with no stoplights or cellphone service against one of the world’s biggest tech companies. Locals in Tierra del Mar are trying to stop Facebook from using property in their quiet community...
Deadly crash of a Boeing jet in Iran adds to company’s woesVideo
Still reeling from a crisis involving its long-grounded Max jet, Boeing faces new questions after an earlier model of the 737 crashed Wednesday in Iran. It is too early to know what caused the crash and whether Boeing bears any responsibility for the lives of all 176 people who died...
Mack Trucks to lay off 300 at Pennsylvania assembly plant
MACUNGIE — Mack Trucks plans to lay off 305 employees at its assembly plant north of Philadelphia, the company said Wednesday. Mack blamed the layoffs at its Lower Macungue Township plant on a downturn in the heavy-duty truck market. They will take effect at the end of February, The (Allentown)...
Facebook bans deepfakes in fight against online manipulation
LONDON — Facebook says it is banning “deepfake” videos, the false but realistic clips created with artificial intelligence and sophisticated tools, as it steps up efforts to fight online manipulation. The social network said late Monday that it’s beefing up its policies to remove videos edited or synthesized in ways...
Federal Reserve last month saw a declining risk of recession
WASHINGTON — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year. Minutes of the December meeting, released Friday, showed that...
U-Haul International to stop hiring smokers in Pennsylvania, 20 other states
PHOENIX — U-Haul International has announced plans to stop interviewing and hiring nicotine users, including people who use e-cigarettes and vaping products. The well-known truck and trailer rental company approved the nicotine-free policy set to go into effect Feb. 1 in more than 20 states where the company operates, the...
Amazon workers clash with company over climate change
NEW YORK — Amazon employees say the company is threatening to fire workers for publicly pushing the company to do more to combat climate change. Amazon Employees For Climate Justice, a climate change advocacy group founded by Amazon workers, said Thursday that the company sent letters to members telling them...
On the Money: Tackling credit card debt from the holidays
NEW YORK — The children are playing with their gifts, the new TV is up on the wall, and that puppy has a brand-new cashmere-lined bed, when another gift arrives in the mail. This one isn’t from Santa. It’s your statement from your friendly credit card company. They want to...
Ex-Nissan boss Ghosn in Lebanon, left Japan over ‘injustice’
TOKYO — Nissan’s former Chairman Carlos Ghosn said Tuesday from Lebanon that he was not fleeing justice but instead left Japan to avoid “injustice and political persecution” over financial misconduct allegations during his tenure leading the automaker. Ghosn had been released on bail by a Tokyo court while awaiting trial...
California vastly expands digital privacy. Will people use it?
SAN FRANCISCO — Forty million Californians will soon have sweeping digital-privacy rights stronger than any seen before in the U.S., posing a significant challenge to Big Tech and the data economy it helped create. So long as state residents don’t mind shouldering much of the burden of exercising those rights,...
Wawa facing lawsuits over data breach at all of its storesVideo
PHILADELPHIA — The Wawa convenience store chain is facing a wave of lawsuits over a data breach that affected its 850 locations along the East Coast. Wawa Inc. discovered malware on its payment processing servers this month before stopping the breach Dec. 12, the company has said. Officials with the...
Raising a glass of Champagne will get more expensive under Trump’s tariff plan
WASHINGTON — That glass of Champagne being raised to welcome in the New Year is about to get a lot more expensive. Absent a major breakthrough in trade negotiations with France, the Trump administration is preparing to raise tariffs on a host of French products — including cheeses, wines and...
Online sales make up a larger portion of overall sales again
NEW YORK — More people did their shopping online this year during one of the shortest holiday shopping seasons in years, helping to push total sales higher. Retail sales in the U.S. rose 3.4% between Nov. 1 and Dec. 24 compared with last year, according to early data from Mastercard...
Online sales make up a larger portion of overall sales again
NEW YORK — More people did their shopping online this year during one of the shortest holiday shopping seasons in years, helping to push total sales higher. Retail sales in the United States rose 3.4% between Nov. 1 and Dec. 24 compared with last year, according to early data from...
Women sue Frontier Airlines over sex assaults by passengersVideo
DENVER — Two women who say they were sexually assaulted by passengers on Frontier Airlines flights sued the Denver-based budget carrier for allegedly refusing to help them and either not having or failing to follow policies to respond to assaults. The class action lawsuit was filed Dec. 16 by two...
