Sue Bird says joining ownership group of the Seattle Storm felt inevitable
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Sue Bird says becoming a part-owner of the only WNBA franchise she ever played for felt like an inevitability. It’s one more thing Bird is adding to an already busy agenda in retirement. The …
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By TIM BOOTH
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4/29/24
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Paramount Global replaces CEO Bob Bakish with a troika of executives
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Paramount Global has announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company. Bakish will be replaced by a troika of executives who will form a new “Office …
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4/29/24
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Investors trying to take control of Norfolk Southern railroad pick up key support
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The activist investors trying to take control of Norfolk Southern are picking up key support. But the railroad's CEO promised Monday to fight the takeover attempt because he believes his strategy is …
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By JOSH FUNK
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4/29/24
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Supreme Court will hear case claiming CBD product got trucker fired
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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 …
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By LINDSAY WHITEHURST
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4/29/24
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Tesla's stock leaps on reports of Chinese approval for the company's driving software
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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. …
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4/29/24
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Philips will pay $1.1 billion to resolve US lawsuits over breathing machines that expel debris
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Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep apnea machines. The announcement Monday is another step toward resolving one …
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By MATTHEW PERRONE
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4/29/24
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Japan's currency falls to its weakest since 1990 against the dollar as the yen keeps yelping
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The value of Japan’s currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. That took it back to where it was in 1990, just after Japan’s famous “bubble …
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4/29/24
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A second new nuclear reactor is completed Georgia. The carbon-free power comes at a high price
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The second of two new nuclear reactors in Georgia has entered commercial operation. Georgia Power said Monday that Plant Vogtle's Unit 4 is complete. The project has cost billions more and took years …
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By JEFF AMY
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4/29/24
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FDA brings lab tests under federal oversight in bid to improve accuracy and safety
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The Food and Drug Administration has finalized a rule to regulate medical tests that have long escaped oversight. The rule was announced Monday. It is designed to improve the accuracy and reliability …
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By MATTHEW PERRONE
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4/29/24
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Supreme Court rejects Musk appeal over tweets that must be approved by Tesla
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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 tweets that relate to Tesla, the electric …
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4/29/24
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Taylor Swift's 'The Tortured Poets Department' hits No. 1, experiences largest streaming week ever
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Taylor Swift continues to dominate in the week following the release of her 11th album, “The Tortured Poets Department.” The 31-track album has hit No. 1 on the Billboard 200 chart, tying Swift …
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By MARIA SHERMAN
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4/29/24
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California is joining with a New Jersey company to buy a generic opioid overdose reversal drug
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California is partnering with a New Jersey-based pharmaceutical company to purchase a generic version of Narcan, the most well-known version of naloxone that can save a person's life during an opioid …
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By ADAM BEAM
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4/29/24
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US opens investigation into Ford crashes involving Blue Cruise partially automated driving system
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Two fatal crashes involving Ford’s Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators. The National Highway Traffic Safety Administration has …
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4/29/24
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Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier
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There aren't many newcomers in the airline business. It takes a lot of money to line up planes and hire pilots, flight attendants and all the other workers needed to airliners flying. And in the …
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By DAVID KOENIG
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4/29/24
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Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads
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Late this year, Aurora Innovation Inc. plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks. Within three or four years, Aurora and its …
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By TOM KRISHER
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4/29/24
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Affluent Americans are driving US economy and likely delaying need for Fed rate cuts
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Older Americans are fueling a sustained boost to the U.S. economy. Benefiting from outsize gains in the stock and housing markets over the past several years, they are accounting for a larger share …
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By CHRISTOPHER RUGABER
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4/29/24
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Spain is in suspense waiting for Pedro Sánchez to say whether he will resign or stay in office
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Spain is in suspense as it waits for Prime Minister Pedro Sánchez to announce whether he will continue in office or leave. Sánchez shocked the country last week when he said he was taking five …
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By CIARÁN GILES
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4/29/24
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Revival of vinyl records in Brazil spares a 77-year-old singer – and others – from oblivion
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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. Born in Paraíba, a state in …
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By GABRIELA SÁ PESSOA
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4/29/24
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Deforestation in Indonesia spiked last year, but resources analyst sees better overall trend
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A data analysis shows Indonesia had a 27% increase in primary forest loss in 2023. The losses were in protected national parks and in massive swaths of jungle cut down for palm oil and paper …
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By VICTORIA MILKO
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4/28/24
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Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show
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Tesla founder and CEO Elon Musk has arrived in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. A brief online …
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4/28/24
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