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BUSINESS: MORE

BUSINESS: LATEST NEWS

Tesla to work with regulators on data security

Tesla boss Elon Musk says he'll work with global regulators to address concerns over all the data mopped up by the sensors on his firm's cars.

Tesla boss Elon Musk says he'll work with global regulators to address concerns over all the data mopped up by the sensors on his firm's cars.

White House steps up pressure to raise debt limit

The White House warned on Friday that a failure by the U.S. Congress to extend the debt limit could plunge the economy into a recession and throw millions of Americans out of work. Conway G. Gittens has more.

The White House warned on Friday that a failure by the U.S. Congress to extend the debt limit could plunge the economy into a recession and throw millions of Americans out of work. Conway G. Gittens has more.

EU airport slot rules trigger Asian threat

Regulators in Asian hubs like Singapore and Hong Kong have threatened to retaliate against European Union plans to force airlines to start using take-off and landing slots frozen during the coronavirus pandemic, a move that could oblige Europe's carr

Regulators in Asian hubs like Singapore and Hong Kong have threatened to retaliate against European Union plans to force airlines to start using take-off and landing slots frozen during the coronavirus pandemic, a move that could oblige Europe's carr

Wall Street ends rollercoaster week sharply lower

U.S. stocks closed sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic data, corporate tax hike worries, the Delta COVID variant, and possible shifts in the U.S. Federal Reserve's timeline for tapering asset purchas

U.S. stocks closed sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic data, corporate tax hike worries, the Delta COVID variant, and possible shifts in the U.S. Federal Reserve's timeline for tapering asset purchas

Activists target Wall St on climate change

Several arrests were made as some 50 climate activists set up a tent and protested outside Bank of America's Midtown Manhattan headquarters Friday, blaming Wall Street banks from profiting from fossil fuels. Conway G. Gittens has more.

Several arrests were made as some 50 climate activists set up a tent and protested outside Bank of America's Midtown Manhattan headquarters Friday, blaming Wall Street banks from profiting from fossil fuels. Conway G. Gittens has more.

How a flight attendant making $51K opened a restaurant during the pandemic

Nicholas Alston, 27, earns $51,000 a year. He splits his time between Detroit, where he is based as a flight attendant, and Columbus, Ohio, where he opened a ghost kitchen during the pandemic. However, in August 2021, Alston temporarily closed h

Nicholas Alston, 27, earns $51,000 a year. He splits his time between Detroit, where he is based as a flight attendant, and Columbus, Ohio, where he opened a ghost kitchen during the pandemic. However, in August 2021, Alston temporarily closed h

Binance CEO explains how the crypto-exchange is charting a path to become a financial institution

CZ Zhao, the founder and CEO of crypto-exchange Binance, says that changes the trading platform operator is making are being done to win the approval of regulators. In an interview with the SCMP, Zhao

CZ Zhao, the founder and CEO of crypto-exchange Binance, says that changes the trading platform operator is making are being done to win the approval of regulators. In an interview with the SCMP, Zhao

S&P dips as rising yields offset strong retail data

The S&P 500 ended slightly lower on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery.

The S&P 500 ended slightly lower on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery.

Ford to nearly double F150 Lightning production

Ford Motor said on Thursday it would boost its F-150 Lightning production capacity to 80,000 per year due to strong demand for the electric pickup truck, adding that the vehicle would go on sale next spring. Conway G. Gittens has more.

Ford Motor said on Thursday it would boost its F-150 Lightning production capacity to 80,000 per year due to strong demand for the electric pickup truck, adding that the vehicle would go on sale next spring. Conway G. Gittens has more.

Stocks 'vulnerable to deeper declines' -analyst

Thomson Reuters' Stocks Buzz Analyst Terence Gabriel tells Reuters' Fred Katayama why he thinks the easy gains for the U.S. equity markets are over for now.

Thomson Reuters' Stocks Buzz Analyst Terence Gabriel tells Reuters' Fred Katayama why he thinks the easy gains for the U.S. equity markets are over for now.

Facebook to target harmful ‘real’ accounts

Facebook is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities on its platform, using the same strategy its security teams take against campaigns using fake accounts, the com

Facebook is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities on its platform, using the same strategy its security teams take against campaigns using fake accounts, the com

AMC to accept other cryptos along with bitcoin

AMC Entertainment CEO Adam Aron said Wednesday the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases.

AMC Entertainment CEO Adam Aron said Wednesday the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases.

U.S. retail sales show surprise August jump

U.S. retail sales unexpectedly increased in August as back-to-school shopping likely provided a boost with sales strong at department stores but sales and restaurants were flat in a sign the health crisis is impacting consumer behavior. Conway G.

U.S. retail sales unexpectedly increased in August as back-to-school shopping likely provided a boost with sales strong at department stores but sales and restaurants were flat in a sign the health crisis is impacting consumer behavior. Conway G.

Ryanair 'couldn't care less' about Boeing order

Ryanair lifted its five-year passenger forecast on Thursday, saying the delivery of an existing Boeing order and increased use of older aircraft would allow it to grow faster without the need for an additional large plane deal. Ciara Lee reports

Ryanair lifted its five-year passenger forecast on Thursday, saying the delivery of an existing Boeing order and increased use of older aircraft would allow it to grow faster without the need for an additional large plane deal. Ciara Lee reports

Four former VW execs go on trial over Dieselgate

Four former executives of carmaker Volkswagen went on trial on Thursday over the company's emissions cheating scandal, but former CEO Martin Winterkorn wasn't among them, with his trial due to take place at a later date.

Four former executives of carmaker Volkswagen went on trial on Thursday over the company's emissions cheating scandal, but former CEO Martin Winterkorn wasn't among them, with his trial due to take place at a later date.

M&S to close 11 stores in France, blaming Brexit

British retailer Marks & Spencer said it would close all 11 franchise food stores it runs with partner SFH in France over the coming months after new trade rules in place since Britain left the European Union hammered product availability. Ciara Lee

British retailer Marks & Spencer said it would close all 11 franchise food stores it runs with partner SFH in France over the coming months after new trade rules in place since Britain left the European Union hammered product availability. Ciara Lee