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13 minutes ago

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips
13 minutes ago
FILE - The logo of the Samsung Electronics Co. is seen during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023. Samsung Electronics on Tuesday, April 30, 2024, reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.(AP Photo/Lee Jin-man, File)
1 hour ago

Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing

Months after a catastrophic fire burned more than 2,200 homes and killed 101 people in Hawaii, some property owners are getting more bad news — their property insurance won’t be renewed because their insurance company has deemed the risk too high
1 hour ago
Hawaii Insurance Commissioner Gordon Ito films a wildfire burn risk demonstration at the National Interagency Fire Center in Boise, Idaho, Monday, April 29, 2024. Some property insurance companies in Hawaii and other states have stopped providing coverage to residents because of increasing wildfire risk and climbing construction costs. The Idaho Department of Insurance hosted the burn demonstration as part of a forum for western Insurance commissioners on the impact wildfires are having on the nation’s insurance market. (AP Photo/Rebecca Boone)
April 29

US to require automatic emergency braking on new vehicles in 5 years and set performance standards

Automatic emergency braking will have to come standard on all U.S. new passenger vehicles in five years
April 29
FILE - 2024 Accord sedans are displayed at a Honda dealership April 14, 2023, in Highlands Ranch, Colo. The U.S. Department of Transportation on Monday, April 29, 2024, is expected to unveil a requirement that automatic emergency braking become standard equipment on nearly all new passenger vehicles. The 2024 Accord has automatic emergency braking. (AP Photo/David Zalubowski, File)
April 29

Sue Bird says joining ownership group of the Seattle Storm felt inevitable

Sue Bird says becoming a part-owner of the only WNBA franchise she ever played for felt like an inevitability
April 29
FILE - Seattle Storm guard Sue Bird brings the ball up against the Washington Mystics during the second half of Game 1 of a WNBA basketball first-round playoff series Aug. 18, 2022, in Seattle. The Storm's owners, Force 10 Hoops, said Wednesday, April 24, 2024, that Bird has joined the ownership group. Bird said in a team statement her involvement with the Storm will continue to grow the game. “Investing in women's sports isn't just about passion,” she said. “It's smart business.” (AP Photo/Lindsey Wasson, File)
April 29

How major US stock indexes fared Monday, 4/29/2024

Stocks edged higher as Wall Street readies for a week packed with potentially market-moving news
April 29
April 29

IMF approves immediate release of final $1.1 billion tranche of $3 billion bailout to Pakistan

The IMF says it will immediately release the final $1.1 billion tranche of a $3 billion bailout to Pakistan
April 29
April 29

New Mexico reaches record settlement over natural gas flaring in the Permian Basin

New Mexico has reached a record settlement with a Texas-based company over air pollution violations at natural gas gathering sites in the Permian Basin
April 29
April 29

Paramount Global replaces CEO Bob Bakish with a troika of executives

Paramount Global announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company
April 29
FILE - Paramount CEO Bob Bakish speaks as he attends an interview during the Barron's Roundtable at the Fox Business Network, Aug. 5, 2022, in New York. Paramount Global on Monday, April 29, 2024, announced that Bakish is stepping down as CEO of the film, television and multimedia company. (AP Photo/Eduardo Munoz Alvarez, File)
April 29

Investors trying to take control of Norfolk Southern railroad pick up key support

The activist investors trying to take control of Norfolk Southern are picking up key support
April 29
FILE - Norfolk Southern locomotives are moved through the Conway Terminal in Conway, Pa., June 17, 2023. The activist investors trying to take control of Norfolk Southern's board are picking up key support, but the railroad's CEO promised Monday, April 29, 2024, to continue fighting until the May 9 vote because he believes his strategy is the best in the long run for investors, customers and workers. (AP Photo/Gene J. Puskar, File)
April 29

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery fell $1.22 to $82.63 per barrel Monday
April 29
April 29

Supreme Court will hear case claiming CBD product got trucker fired

The Supreme Court will hear an appeal from a Vista, California, CBD hemp oil company fighting a lawsuit from a truck driver who says he got fired after using a product falsely advertised as being free from the active ingredient in marijuana
April 29
FILE - The sun flares in the camera lens as it rises behind the U.S. Supreme Court building in Washington, June 25, 2017. The Supreme Court will hear an appeal from a Vista, Calif., CBD hemp oil company fighting a lawsuit from a truck driver who says he got fired after using a product falsely advertised as being free from the active ingredient in marijuana.(AP Photo/J. David Ake, File)
April 29

Tesla's stock leaps on reports of Chinese approval for the company's driving software

Shares of Tesla stock have rallied after the electric vehicle maker's CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software
April 29
FILE - Elon Musk arrives at an event in Los Angeles, April 13, 2024. Shares of Tesla stock rallied Monday, April 29, 2024, after Musk, the electric vehicle maker's CEO, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software. (Photo by Jordan Strauss/Invision/AP, File)
April 29

Winner of $1.3 billion Powerball jackpot is an immigrant from Laos who has cancer

One of the winners of a $1.3 billion Powerball jackpot this month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week
April 29
FILE - The Plaid Pantry convenience store that sold a $1.3 billion Powerball jackpot, the eighth-largest lottery prize in U.S. history, is seen in Portland, Ore., on April 8, 2024. Oregon authorities are set to reveal the winner of the $1.3 billion Powerball jackpot. The Oregon Lottery says it will identify the person Monday, April 29, 2024. (AP Photo/Claire Rush, file)
April 29

Global negotiations on a treaty to end plastic pollution at critical phase in Canada

For the first time, negotiators from most of the world’s nations are discussing actual text for what is supposed to become a global treaty to end plastic pollution
April 29
FILE - Activist Dianne Peterson places a sign on an art installation outside a United Nations conference on plastics, April 23, 2024, in Ottawa, Ontario. (Adrian Wyld/The Canadian Press via AP. File)
April 29

Japan's currency falls to its weakest since 1990 against the dollar as the yen keeps yelping

The value of Japan’s currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1
April 29
A monitor shows U.S. dollar/Japanese yen exchange rate in Tokyo Monday, April 29, 2024. (Kyodo News via AP)
April 29

Tesla, Domino's Pizza rise; AMC Entertainment, SoFi Technologies fall, Monday, 4/29/2024

Stocks that traded heavily or had substantial price changes on Monday: Tesla, Domino’s Pizza rise; AMC Entertainment, SoFi Technologies fall
April 29
April 29

House and Senate negotiate bill to help FAA add more air traffic controllers and safety inspectors

Congressional negotiators have agreed to help the Federal Aviation Administration hire more air traffic controllers and safety inspectors
April 29
FILE - A Federal Aviation Administration sign hangs in the tower at John F. Kennedy International Airport in New York, March 16, 2017. Congressional negotiators have agreed on a $105 billion bill designed to improve the safety of air travel after a series of close calls between planes at the nation’s airports. (AP Photo/Seth Wenig, File)
April 29

Amazon delivery speeds hit new records

Amazon says it's shattering delivery speed records, fast-food restaurants in California are hiking their prices, and Zoom meetings may not have taken the place of in-person business meetings after all.
April 29
VIDEO: Amazon delivery speeds hit new records
April 29

A second new nuclear reactor is completed in Georgia. The carbon-free power comes at a high price

The second of two new nuclear reactors in Georgia has entered commercial operation
April 29
FILE - Georgia Power Co.'s Plant Vogtle nuclear power plant is shown, Jan. 20, 2023, in Waynesboro, Ga. Georgia Power announced on Monday, April 29, 2024 that the second new reactor has achieved commercial operation, marking the completion of the first two nuclear reactors built from scratch in the United States in decades. (AP Photo/John Bazemore, file)
April 29

FDA brings lab tests under federal oversight in bid to improve accuracy and safety

The Food and Drug Administration has finalized a rule to regulate medical tests that have long escaped oversight
April 29
FILE - A sign for the Food and Drug Administration is displayed outside their offices in Silver Spring, Md., on Dec. 10, 2020. Makers of thousands of medical tests that have long escaped oversight will have to show that they deliver accurate results, under a government rule vigorously opposed by the testing industry. The regulation finalized Monday, April 29, 2024 brings tests developed by laboratories under control of the FDA, which has warned that the multibillion-dollar industry poses growing risks to patients. (AP Photo/Manuel Balce Ceneta, File)
April 29

Philips will pay $1.1 billion to resolve US lawsuits over breathing machines that expel debris

Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep apnea machines
April 29
FILE - The Philips Center is seen, Jan. 27, 2015, in Amsterdam, Netherlands. Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep apnea machines. The announcement Monday, April 29, 2024 is another step toward resolving one of the biggest medical device recalls in history, which has dragged on for nearly three years. (AP Photo/Peter Dejong, File)
April 29

Supreme Court rejects Musk appeal over social media posts that must be approved by Tesla

The Supreme Court has rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some social media posts that relate to Tesla, the electric vehicle company he leads
April 29
FILE - Elon Musk arrives at the 10th Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, April 13, 2024. The Republican-controlled House Judiciary Committee published a staff report on Wednesday, April 18, disclosing dozens of decisions by Brazilian Supreme Court Justice Alexandre de Moraes, ordering X to suspend or remove around 150 user profiles from its platform in recent years. (Photo by Jordan Strauss/Invision/AP file)
April 29

Taylor Swift's 'The Tortured Poets Department' hits No. 1, with songs claiming the top 14 spots

Taylor Swift continues to dominate in the week following the release of her 11th album, “The Tortured Poets Department.”
April 29
This cover image released by Republic Records show "The Tortured Poets Department" by Taylor Swift. (Republic Records via AP)
April 29

California is joining with a New Jersey company to make a generic opioid overdose reversal drug

California is partnering with a New Jersey-based pharmaceutical company to purchase a generic version of Narcan
April 29
FILE – California Gov. Gavin Newsom speaks during an event in San Francisco on Nov. 9, 2023. On Monday, April 29, 2024, Newsom announced California is partnering with New Jersey-based Amneal Pharmaceuticals to purchase a generic version of Narcan. (AP Photo/Jeff Chiu, File)
April 29

US opens investigation into Ford crashes involving Blue Cruise partially automated driving system

Two fatal crashes involving Ford’s Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators
April 29
FILE - The Ford logo is seen on the grill of a Ford Explorer on display at the Pittsburgh International Auto Show in Pittsburgh, on Feb. 15, 2024. Two fatal crashes involving Ford’s Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators. (AP Photo/Gene J. Puskar, File)
April 29
(AP Illustration/Jenni Sohn)
April 29

Likely missile attack by Yemen's Houthi rebels damages a ship in the Red Sea

A suspected missile attack by Yemen’s Houthi rebels targeted a ship in the Red Sea, the latest assault in their campaign against international shipping in the crucial maritime route
April 29
This is a locator map for Yemen with its capital, Sanaa. (AP Photo)
April 29

South Korea's opposition leader urges the president to accept investigation of wife, top officials

South Korea’s opposition leader has pressured President Yoon Suk Yeol to accept special investigations into allegations involving top officials and his wife, as they met for talks on bipartisan cooperation
April 29
People watch a TV screen showing South Korean President Yoon Suk Yeol, right, meeting with main opposition Democratic Party leader Lee Jae-myung, during a news program at the Seoul Railway Station in Seoul, South Korea, Monday, April 29, 2024. (AP Photo/Ahn Young-joon)
April 29

Hawaii is known for its macadamia nuts. Lawmakers want to keep it that way

For decades, tourists to Hawaii have brought home gift boxes of the islands’ famous chocolate-covered macadamia nuts for friends and family
April 29
Packages of macadamia nuts are displayed on store shelves on Friday, April 26, 2024, in Honolulu. For decades, tourists to Hawaii have brought home gift boxes of the islands' famous chocolate-covered macadamia nuts for friends and family. (AP Photo/Audrey McAvoy)
April 29

Rise of the superfake: Hermès Birkins, Louis Vuitton brands being copied flawlessly

Counterfeit purses have been flooding the market for several decades.
April 29
In this Nov. 19, 2020, file photo, street vendors sell counterfeits goods like bags, sunglasses, belts and watches, in New York.
April 29

Spain's Prime Minister Sánchez says he'll continue in office after days of reflection

Spanish Prime Minister Pedro Sánchez has vowed to stay in office and govern “with even more strength."
April 29
FILE, Spain's caretaker Prime Minister Pedro Sánchez smiles during the parliamentary debate at the Spanish parliament in Madrid, Spain, Monday, July 22, 2019. Sánchez says he will continue in office "even with more strength" after days of reflection. Sánchez shocked the country last week when he said he was taking five days off to think about his future after a court opened preliminary proceedings against his wife on corruption allegations. (AP Photo/Bernat Armangue, File)
April 29

Revival of vinyl records in Brazil spares a 77-year-old singer – and others – from oblivion

It took almost a half century for Brazilian singer Cátia de França to find her audience, but she finally has — with the help of a near-obsolete audio technology
April 29
FILE - Brazilian singer Catia de Franca, 77, performs at a warehouse converted into a venue for independent artists in Sao Paulo, Brazil, April 19, 2024. It took almost half a century for de França to find her audience. Her belated fame largely reflects a revival taking place in Brazil, where vinyl records outsold CDs and DVDs for the first time last year. (AP Photo/Andre Penner, File)
April 28

Stock market today: Wall Street rises to start a week full of earnings reports and a Fed meeting

Stocks ticked higher to begin a week packed with potentially market-moving news
April 28
FILE - People walk past the New York Stock Exchange March 27, 2024. Global shares are trading higher on Monday, April 29, 2024, amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week. (AP Photo/Peter Morgan, File)
April 28

Deforestation in Indonesia spiked last year, but resources analyst sees better overall trend

A data analysis shows Indonesia had a 27% increase in primary forest loss in 2023
April 28
A stump of a tree is visible at a swath of land that has been cleared to make way for a corn plantation Mandar, South Sulawesi, Indonesia, Sunday, April 21, 2024. From trees felled in protected national parks to massive swaths of jungle razed for palm oil and paper plantations, Indonesia had a 27% uptick in primary forest loss in 2023 from the previous year, according to a World Resources Institute analysis of new deforestation data. (AP Photo/Yusuf Wahil)
April 28

Tractor-trailers with no one aboard? The future is near for self-driving trucks

Late this year, Aurora Innovation Inc. plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks
April 28
The interior of the cab of a self driving truck is shown as the truck maneuvers around a test track in Pittsburgh, Thursday, March 14, 2024. The truck is owned by Pittsburgh-based Aurora Innovation Inc. Late this year, Aurora plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks. (AP Photo/Gene J. Puskar)
April 28

Affluent Americans are driving US economy and likely delaying need for Fed rate cuts

Older Americans are fueling a sustained boost to the U.S. economy
April 28
FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. (AP Photo/Andrew Harnik, File)
April 28

How to design a volunteering program in your workplace

More workplaces are bolstering their volunteer programs, especially as employee demands grow for socially responsible employers and engagement
April 28
Ron Waddell, Founder and Executive Director of Legendary Legacies, right, talks with Gary Goyette at the nonprofit organization, Friday, April 19, 2024, in Worcester, Mass. Waddell credits Blue Cross Blue Shield volunteers for truly investing in their employee service opportunities, which are increasing across the corporate realm. (AP Photo/Charles Krupa)
April 28

Seeking engagement and purpose, corporate employees turn to workplace volunteering

Employees increasingly find that robust workplace volunteer programs meet their desires for in-person connections, professional growth and altruistically inclined employers — career objectives that might be missing in conventional corporate atmospheres
April 28
Michelle Barbin, a Blue Cross Blue Shield employee volunteer, poses, Friday, April 19, 2024, in Worcester, Mass. Barbin says Blue Cross Blue Shield's robust employee volunteer programs provide fulfillment and development opportunities – benefits that are driving companies nationwide to implement more robust workplace service programs.(AP Photo/Charles Krupa)
April 28

Tesla founder Elon Musk visits China as competitors show off new electric vehicles

Tesla CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show
April 28
In this photo released by Xinhua News Agency, visiting Tesla founder and CEO Elon Musk, left, meets with Chinese Premier Li Qiang in Beijing, Sunday, April 28, 2024. Musk met with a top government leader in the Chinese capital Sunday, just as the nation's carmakers are showing off their latest electric vehicle models at the Beijing auto show. (Wang Ye/Xinhua via AP)
April 28

Nepal hosts an investment summit in hopes of attracting foreign money for hydropower projects

Nepal is hosting an investment summit, hoping to attract much-needed foreign investment
April 28
April 28

Dubai plans to move its busy international airport to a $35 billion new facility within 10 years

Dubai International Airport, the world’s busiest for international travel, will move its operations to the city-state’s second, sprawling airfield in its southern desert reaches “within the next 10 years” in a project worth nearly $35 billion
April 28
April 28

African farmers look to the past and the future to address climate change

From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change
April 28
James Tshuma, a small scale farmer, shows some of his vegetables he planted in a small garden at his home, in Mangwe district in Zimbabwe, on Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)
April 28

California Disney characters are unionizing decades after Florida peers. Hollywood plays a role

The character performers at Disneyland in California have said they filed a petition for union recognition
April 28
Disneyland Resort Cast Members, Courtney Griffith, left, hugs Angela Nichols after a news conference in Anaheim, Calif., Wednesday, April 17, 2024. Workers who help bring Disneyland's beloved characters to life said Wednesday they collected enough signatures to support their push for a union. (AP Photo/Damian Dovarganes)
April 27

United Auto Workers reaches deal with Daimler Truck, averting potential strike in North Carolina

The deal covers workers at various plants in North Carolina.
April 27
FILE - In this Feb. 2, 2017 file photo the logo of Mercedes is photographed in Stuttgart, Germany. The United Auto Workers union announced it reached a last-minute tentative agreement with truck and bus manufacturer Daimler Truck on Friday, April 26, 2024, averting a potential strike of more than 7,000 workers. (AP Photo/Matthias Schrader,File)
April 27

How TikTok grew from a fun app for teens into a potential national security threat

If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet time
April 27
FILE - A TikTok sign is displayed on their building in Culver City, Calif., March 11, 2024. If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer — and if so, in what form. (AP Photo/Damian Dovarganes, File)
April 27

Long lines form and frustration grows as Cuba runs short of cash

Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM
April 27
An ice cream street vendor shows his Cuban pesos in Havana, Cuba, Monday, April 20, 2024. An increasing number of Cubans are having to grapple with the country's shortage of cash. Converting those Cuban pesos to other currencies poses yet another challenge, as there are several, highly fluctuating exchange rates in the island. (AP Photo/Ariel Ley)
April 27

Oregon's Sports Bra, a pub for women's sports fans, plans national expansion as interest booms

An Oregon sports bar focusing on and showing only women's athletics has plans to expand across the country through a franchise model
April 27
A piece of tape displays a thank you message above a pass-through window at The Sports Bra sports bar on Wednesday, April 24, 2024, in Portland, Ore. (AP Photo/Jenny Kane)
April 26

Instagram, YouTube the biggest likely winners of TikTok ban but smaller rivals could rise too

While a bill to ban TikTok if it doesn't change owners has received President Joe Biden's signature, it could still be years before the popular video-sharing app is actually blocked from U.S. app stores — if it is blocked at all
April 26
FILE - Social media applications are displayed on an iPhone, March 13, 2019, in New York. An independent Russian news site has reported that a court in Russia convicted the spokesman of U.S. technology company Meta, which owns Facebook and Instagram, of justifying terrorism and sentenced him to six years in prison in absentia. (AP Photo/Jenny Kane, File)
April 26

Regulators close Philadelphia-based Republic First Bank, first US bank failure this year

Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York
April 26
FILE - The Federal Deposit Insurance Corporation (FDIC) seal is shown outside its headquarters, March 14, 2023, in Washington. Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The FDIC said Friday, April 26, 2024, it had seized the Philadelphia-based bank, which had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. (AP Photo/Manuel Balce Ceneta, File)
April 26

An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York

An emergency slide fell off a Delta plane that was taking off from New York, and pilots returned to the airport and landed safely
April 26
FILE - A man waits for a Delta Air Lines flight at Hartsfield-Jackson International Airport in Atlanta, Jan. 7, 2022. An emergency slide fell off a Delta plane that was taking off from New York's John F. Kennedy International Airport, Friday, April 26, 2024. The pilots returned to the airport and landed safely. (AP Photo/Charlie Riedel, File)