Log in
Keyword: business

Apple suffers 10% drop in quarterly iPhone sales to …

5/2/2024
Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset. The results reflect a deepening a slump that’s increasing the pressure on the trendsetting company to …

The Fed indicated rates will remain higher for longer. …

5/2/2024
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy. Mortgage rates, credit card rates, and auto loan rates will …

IRS acts to address wide disparity in audit rates …

5/2/2024
WASHINGTON (AP) — The IRS said Thursday that it has taken steps to address a wide disparity in audit rates between Black taxpayers and others filers, and is more closely examining the returns of …

Russian state media is posting more on TikTok ahead of …

5/2/2024
Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U.S. presidential election, according to a study …

Exxon Mobil deal with Pioneer gets FTC nod, but former …

5/2/2024
WASHINGTON (AP) — Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources on Thursday received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from …

Average long-term US mortgage rate rises for again, …

5/2/2024
LOS ANGELES (AP) — The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what's typically …

Trader Joe's coming to Chandler

5/2/2024
A Trader Joe’s market is going to be built in a shopping center on the northeast corner of Ocotillo Road and Arizona Avenue in South Chandler. Not many details, including an opening date, …

Amazon CEO Andy Jassy's comments about unions violated …

5/2/2024
A federal administrative law judge ruled that Amazon CEO Andy Jassy violated labor law by making certain anti-union comments during media interviews two years ago. The ruling, issued Wednesday, …

AI use by businesses is small but growing rapidly, led …

5/2/2024
The rate of businesses in the U.S. using AI is still relatively small but growing rapidly. A new paper by U.S. Census Bureau researchers says overall use of AI by businesses in the U.S. rose from …

Landmark Google antitrust case ready to conclude

5/2/2024
WASHINGTON (AP) — Lawyers for both the Department of Justice and Google will present arguments Thursday and Friday to conclude the biggest antitrust case in a quarter century. In closing …

Senators want limits on the government's use of facial …

5/2/2024
WASHINGTON (AP) — A bipartisan group of senators is pushing for restrictions on the use of facial recognition technology by the Transportation Security Administration, saying they are concerned …

Peloton cutting about 400 jobs worldwide; CEO McCarthy …

5/2/2024
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its …