Business

AI bubble fears ease but investors still waiting for investments to live up to their promise

AI bubble fears ease but investors still waiting for investments to live up to their promise

Fears about the artificial intelligence boom turning into an overblown bubble have evaporated for now, thanks to a stellar earnings report from Nvidia that illustrated why its indispensable chips ...

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US representative will attend G20 handover but won’t take part in talks

US representative will attend G20 handover but won’t take part in talks

JOHANNESBURG (AP) — A representative from the U.S. Embassy in South Africa will attend the formal handover ceremony at the end of this weekend’s Group of 20 summit in Johannesburg, but Washington ...

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Trump administration says its sanctions have hit Russian oil producers hard

Trump administration says its sanctions have hit Russian oil producers hard

WASHINGTON (AP) — The Trump administration said it is seeing signs that its sanctions on major Russian oil producers are crimping the economic engine that has allowed Moscow to continue to fund it...

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Doomed UPS plane had cracks in engine mount

Doomed UPS plane had cracks in engine mount

Federal investigators released dramatic photos Thursday of an engine flying off a doomed UPS cargo plane that crashed two weeks ago, killing 14 people in Kentucky, and said there was evidence of c...

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Government can require tracking devices on lobster boats, court rules

Government can require tracking devices on lobster boats, court rules

PORTLAND, Maine (AP) — The U.S. government can continue requiring America’s lobster fishing boats to use electronic tracking devices to collect data, a federal appeals court has ruled, denying cla...

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Lawmakers pass bill raising taxes for Russians branded as ‘foreign agents’

Lawmakers pass bill raising taxes for Russians branded as ‘foreign agents’

Russian lawmakers approved a new bill Thursday boosting taxes for those labeled foreign agents by the government. The bill, which passed its third and final reading in the lower house of parliamen...

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