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News Articles: Business

Residents walk through a partially shuttered Evergrande commercial complex in Beijing, Monday, Jan. 29, 2024.

Tagged as: 

  • Asia

Hong Kong court orders China's Evergrande, which owes $300 billion, to liquidate

China Evergrande is one of the biggest Chinese developers that have collapsed under pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth.

January 30, 2024
|
By:
  • The Associated Press
Werfel says he wants to build a "menu of options" for how people can file their tax returns.

Tagged as: 

  • National

The IRS got $80B to help people and chase rich tax avoiders. Here's how it's going

Commissioner Danny Werfel says the IRS is seeing "very powerful early results" in its efforts to improve enforcement on high wealth is paying off.

January 30, 2024
|
By:
  • Ari Shapiro,
  • Megan Lim,
  • and 1 more
A UPS e truck is parked on a street in New York on May 11, 2023. On Tuesday, the company said it will cut 12,000 jobs.

Tagged as: 

  • Business

UPS is cutting 12,000 jobs just months after reaching union deal

UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply. CEO Carol Tome said that the job cuts will produce $1 billion in cost savings.

January 30, 2024
|
By:
  • The Associated Press
People walk past a Microsoft office in New York in 2016. Big Tech companies, like Google and Microsoft, and dozens of smaller startups have collectively shed more than 20,000 workers so far this year.

Tagged as: 

  • Technology

Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?

Silicon Valley executives have said the cuts are a result of pandemic over-hiring and still-historically high inflation. But others say something else may be behind the mass layoffs.

January 29, 2024
|
By:
  • Bobby Allyn
The Southern LNG facility sits along the Savannah River on Elba Island, just east of Savannah.

Tagged as: 

  • Environment

Biden order on liquefied natural gas stymies proposed expansion of Georgia export facility

LNG methane emissions need to be scrutinized, says White House climate advisor.

January 29, 2024
|
By:
  • Benjamin Payne
In western Arizona, Ivan Bender, a Hualapai tribal member, points to an area, bordering Hualapai land, where an Australian mining company is exploring for lithium - a key metal in electric vehicle batteries.

Tagged as: 

  • Climate

Demand for minerals sparks fear of mining abuses on Indigenous peoples' lands

There's a growing demand for minerals as the world ramps up manufacturing of climate solutions. Experts say more than half of these mining projects are on or near lands of Indigenous peoples.

January 29, 2024
|
By:
  • Julia Simon
The Internal Revenue Service building is seen on April 15, 2019, in Washington, D.C.

Tagged as: 

  • Business

The IRS is piloting new software that could let you file your taxes for free

Direct File will be open only to people with certain tax situations living in certain states at the outset. The free service has been criticized by Republicans and tax preparation companies.

January 29, 2024
|
By:
  • Joe Hernandez
The Greyhound bus station in Richmond, Va., sits on prime real estate. Developers now plan to raze it and build apartment towers and retail space. It's one of many bus stations being shut down.

Tagged as: 

  • Business

Greyhound stations were once a big part of America. Now, many of them are being shut

Greyhound bus stations are being shut down and redeveloped. The closures are leaving passengers without a warm place to get a snack, use the restroom or wait for the bus.

January 28, 2024
|
By:
  • Scott Horsley

Tagged as: 

  • Games & Humor

'Wait Wait' for January 27: With Not My Job guest Treasury Secretary Janet Yellen

Janet Yellen is the Secretary of the Treasury of the United States, so naturally, we've asked her about things that are treasure-y, specifically, the items people bring onto the Antiques Roadshow.

January 27, 2024
|
By:
  • GPB Newsroom
A Boeing 737 MAX 9 for Alaska Airlines is pictured along with other aircraft at Renton Municipal Airport adjacent to Boeing's factory in Washington. Alaska Airlines resumed service of its 737 MAX 9 fleet on January 26, 2024, three weeks after an emergency landing prompted sweeping inspections of the aircraft.

Tagged as: 

  • National

The Boeing 737 Max 9 takes off again, but the company faces more turbulence ahead

The first 737 Max 9 planes have started flying again after a fuselage panel blew off in midair last week. But industry analysts say Boeing's reputation will take a lot longer to repair.

January 27, 2024
|
By:
  • Joel Rose
A photo illustration created last July shows an advertisement to create AI girls reflected in a public service announcement issued by the FBI regarding malicious actors manipulating photos and videos to create explicit content and sextortion schemes. A boom in deepfake porn is outpacing U.S. and European efforts to regulate the technology.

Tagged as: 

  • Technology

Deepfakes exploiting Taylor Swift images exemplify a scourge with little oversight

Bogus pornographic images purporting to show pop superstar Taylor Swift have emerged on social media, highlighting a growing challenge to privacy rights.

January 26, 2024
|
By:
  • Bill Chappell
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on Jan. 5, is parked at a maintenance hanger in Portland, Ore., this week.

Tagged as: 

  • National

Here's how to tell if your next flight is on a Boeing 737 Max 9

After a green light from the FAA, the Max 9 is set to return to the skies. Here's what travelers need to know about the plane after a terrifying scene on an Alaska Airlines flight earlier this month.

January 26, 2024
|
By:
  • Diba Mohtasham
Cruise autonomous vehicles sit parked in a lot in June 2023 in San Francisco, Calif. The company's fleet of robotaxis have not been operating for the past few months, after the company's response to a crash in October raised concerns with regulators.

Tagged as: 

  • Business

GM's driverless car company Cruise is under investigation by several agencies

Cruise hired a law firm to investigate the startup's interactions with regulators after a Cruise vehicle dragged a pedestrian on Oct. 2. Multiple government agencies are now examining the crash.

January 26, 2024
|
By:
  • Camila Domonoske
Health officials at Sarasota County Mosquito Management Services study specimens of anopheles mosquitoes that cause malaria, in Sarasota, Fla. on June 30, 2023. The U.S. Centers for Disease Control and Prevention issued an alert after five cases of malaria were confirmed, the first locally acquired cases of the disease in the United States in 20 years.

Tagged as: 

  • National

New gene-editing tools may help wipe out mosquito-borne diseases

Scientists say gene-editing technology may eradicate a mosquito in the U.S. that spreads dengue and other diseases. Concerns remain about the possible environmental impact of bioengineered mosquitoes.

January 26, 2024
|
By:
  • Greg Allen
Tip options are displayed on a card reader at a store in Washington, D.C., on March 17, 2023.

Tagged as: 

  • Business

Regulators target fees for consumers who are denied a purchase for insufficient funds

It's the latest salvo in the government's campaign against so-called "junk fees," which President Biden said last year harm "working folks" and drive up costs for consumers.

January 25, 2024
|
By:
  • Joe Hernandez
  • Load More

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