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News Articles: Business

Computers have been used in rocketry for half-a-century, so it's possible to think that the new AI programs could help. They struggled to grasp the basics.

Tagged as: 

  • Technology

We asked the new AI to do some simple rocket science. It crashed and burned

Computers traditionally excel at rocketry, so why do new artificial intelligence programs get it wrong?

February 02, 2023
|
By:
  • Geoff Brumfiel
This picture taken on January 12, 2023 in Toulouse, southwestern France shows a smartphone and a computer screen displaying the logos of the Instagram, Facebook, WhatsApp and their parent company Meta.

Tagged as: 

  • Business

The tide appears to be turning for Facebook's Meta, even with falling revenue

CEO Mark Zuckerberg told investors the social media company is restructuring for "efficiency" and plans to become more "nimble." The company's stock surged.

February 02, 2023
|
By:
  • Dara Kerr
A sign noting the acceptance of electronic benefit transfer (EBT) cards, which SNAP beneficiaries use to pay for food, is displayed at a grocery store in 2019 in Oakland, Calif. SNAP emergency allotments are ending after this month and have already ended in some parts of the country.

Tagged as: 

  • National

SNAP recipients will lose their pandemic boost and may face other reductions by March

Congress ended the temporary benefit meant to help low-income households with pandemic-era hardships. A huge increase in Social Security benefits may mean some households see further SNAP reductions.

February 02, 2023
|
By:
  • Kaitlyn Radde
Federal Reserve Chair Jerome Powell speaks during a news conference after the Fed's meeting on Nov. 2, 2022, in Washington, D.C. The Fed raised interest rates by a quarter percentage point on Wednesday, its smallest increase in 11 months.

Tagged as: 

  • Economy

The Fed raises interest rates by only a quarter-point after inflation drops

The Federal Reserve raised interest rates by a quarter-percentage point as part of its ongoing effort to fight inflation. Price hikes have begun to ease, but the Fed says inflation is not yet tamed.

February 01, 2023
|
By:
  • Scott Horsley

Tagged as: 

  • History

The story of 'Monopoly' and American capitalism

Monopoly has been one of the best-selling board games in the United States for nearly a century now. And sure, maybe it's just a board game. But author Mary Pilon says Monopoly is much more than that.

February 01, 2023
|
By:
  • Rund Abdelfatah,
  • Ramtin Arablouei,
  • and 13 more
An artisanal miner carries a sack of ore at the Shabara artisanal mine near Kolwezi, DRC, on Oct. 12, 2022.

Tagged as: 

  • Africa

How 'modern-day slavery' in the Congo powers the rechargeable battery economy

Phone and electric car batteries are made with cobalt mined in the Democratic Republic of Congo. Cobalt Red author Siddharth Kara describes the conditions for workers as a "horror show."

February 01, 2023
|
By:
  • Terry Gross
Credit card logos are seen on a downtown storefront as a pedestrian passes in Atlanta in 2012.

Tagged as: 

  • Business

Miss a credit card payment? Federal regulators want to put new limits on late fees

The Consumer Financial Protection Bureau wants to cap late fees at $8. Banking groups say the proposal would result in higher costs for consumers.

February 01, 2023
|
By:
  • Joe Hernandez
In this image made from a video, products containing CBD are displayed at a press conference by Hong Kong Customs in Hong Kong, Friday, Jan. 27, 2023.

Tagged as: 

  • Medical Treatments

Hong Kong bans CBD, a move that forces businesses to shut down or revamp

Hong Kong banned cannibidiol, also known as CBD, as a "dangerous drug" and imposed harsh penalties for possession on Wednesday, forcing fledging businesses to shut down and revamp.

February 01, 2023
|
By:
  • The Associated Press
As soda consumption has dropped in the West, companies are making an effort to woo new customers in other places. This Coke bottle ad is in Mozambique.

Tagged as: 

  • Global Health

Junk food companies say they're trying to do good. A new book raises doubts

As the marketing of soda and fast food ramps up around the world, the companies involved forge partnerships to help the poor. The new book 'Junk Food Politics' casts a critical eye at their efforts.

February 01, 2023
|
By:
  • Pien Huang
The EEOC is turning its attention to the use of AI and other advanced technologies in hiring.

Tagged as: 

  • Business

Can bots discriminate? It's a big question as companies use AI for hiring

The Equal Employment Opportunity Commission says artificial intelligence-based hiring tools may be creating discriminatory barriers to jobs. The agency is asking for input as it considers guardrails.

February 01, 2023
|
By:
  • Andrea Hsu

Tagged as: 

  • Your Money

How the pandemic changed the rules of personal finance

A new book says the Great Resignation was really the Great Reshuffle.

January 31, 2023
|
By:
  • Paddy Hirsch
Gas prices are displayed at a Mobil gas station in Los Angeles on Oct. 28, 2022. ExxonMobil posted record earnings in 2022, benefitting from a surge in oil prices.

Tagged as: 

  • Business

Exxon announced record earnings. It's bound to renew scrutiny of Big Oil

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

January 31, 2023
|
By:
  • Camila Domonoske
A pizza

Tagged as: 

  • Business

Georgia Senate bill aims to regulate third-party food delivery industry

Legislation establishing regulations for the fast-growing third-party food delivery industry in Georgia has been introduced in the General Assembly.

January 31, 2023
|
By:
  • Dave Williams
New York state records show nearly half the state's 600-plus nursing homes hired real estate, management and staffing companies run or controlled by their owners, frequently paying them well above the cost of services. Meanwhile, in the pandemic's height, the federal government was giving the facilities hundreds of millions in fiscal relief.

Tagged as: 

  • Health

Nursing home owners drained cash while residents deteriorated, state filings suggest

As the U.S. government debates whether to require higher staffing levels at nursing homes, financial records show some owners routinely push profits to sister companies while residents are neglected.

January 31, 2023
|
By:
  • Jordan Rau
Former President Donald Trump is suing <em>Washington Post</em> journalist Bob Woodward over Woodward's latest book, <em>T</em><em>he Trump Tapes</em>.

Tagged as: 

  • Politics

Trump sues Bob Woodward for releasing audio of their interviews without permission

The former president has made good on his threat to sue the Washington Post reporter over his use of interview recordings. The lawsuit seeks nearly $50 million in damages.

January 31, 2023
|
By:
  • Rachel Treisman
  • Load More

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