Business News
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Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yet
Federal water officials have made public what they call “necessary steps” for the seven states and multiple tribes that rely on the Colorado River to meet an August 2026 deadline for deciding how to manage the waterway in the future
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Duct-taped banana sells for $6.2 million at art auction
A piece of conceptual art consisting of a banana duct-taped to a wall has sold for $6.2 million at an auction in New York
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Italy recovers Etruscan artifacts worth $8.5 million bound for black market
Italian authorities have announced the seizure of an illegal excavation of an Etruscan burial site in the central Umbria region
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Class action lawsuit on AI-related discrimination reaches final settlement
A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income
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Canada's provincial leaders want a free trade deal with the US that excludes Mexico
The leader of Canada’s most populous province says all of the country’s provincial and territorial premiers want Prime Minister Justin Trudeau's federal government to negotiate a bilateral trade deal with the United States that excludes Mexico
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Nvidia is Wall Street's most valuable company. How it got there, by the numbers
Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts
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Comcast to spin off cable networks that were once the entertainment giant's star performers
Comcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions for streaming platforms
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Despite slowing sales, automakers are expanding electric vehicle models, including family haulers
Even though sales of electric vehicles aren’t growing as fast as in past years and President-elect Donald Trump may ditch tax credits for EV buyers, automakers are moving ahead with new models that should appeal to mainstream buyers
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Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars
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US gathers allies to talk AI safety as Trump's vow to undo Biden's AI policy overshadows their work
President-elect Donald Trump has vowed to repeal President Joe Biden’s signature artificial intelligence policy when he returns to the White House for a second term
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