Business

South Korean president calls for aggressive AI spending in budget speech

South Korean president calls for aggressive AI spending in budget speech

SEOUL, South Korea (AP) — South Korean President Lee Jae Myung on Tuesday called for tripling the government spending on projects for expanding artificial intelligence infrastructure and technolog...

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Getty’s $3.7 billion attempt to buy Shutterstock faces in-depth investigation in the UK

Getty’s $3.7 billion attempt to buy Shutterstock faces in-depth investigation in the UK

LONDON (AP) — Britain’s antitrust watchdog said Monday that it is escalating its investigation of plans by Getty Images to buy rival Shutterstock, stepping up scrutiny of the $3.7 billion deal tha...

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Denny’s to be acquired and taken private in a deal valued at $620 million

Denny’s to be acquired and taken private in a deal valued at $620 million

Denny’s said Monday that it’s being acquired by a group on investors in a deal that will take the breakfast chain private. Denny’s board unanimously approved the deal, which values Denny’s at $620...

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’60 Minutes’ reveals editing process with Trump interview

’60 Minutes’ reveals editing process with Trump interview

During his “60 Minutes” interview, President Donald Trump called Senate Democratic leader Chuck Schumer a “kamikaze,” complained about investigators searching through his wife’s closet, spoke in d...

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Starbucks sells 60% stake in China business in $4 billion deal

Starbucks sells 60% stake in China business in $4 billion deal

Starbucks said Monday it is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement, Boyu will pay $4 billion to acquire a 60% i...

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First clinical trial transplanting pig kidneys into people begins

First clinical trial transplanting pig kidneys into people begins

WASHINGTON (AP) — The first clinical trial is getting underway to see if transplanting pig kidneys into people might really save lives. United Therapeutics, a producer of gene-edited pig kidneys, ...

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