NEW YORK (AP) — Responding to complaints from the tech industry and other countries, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international ...
Some 350,000 commuters could soon be scrambling for other ways to reach their destinations if New Jersey Transit engineers walk off the job early Friday. NJ Transit — the nation's third largest transit system — operates buses and rail in the state, providing nearly 1 million weekday ...
Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence. Hard hit was the tech giant's home state of Washington, where Microsoft informed state officials ...
Shares of American Eagle Outfitters are tumbling Wednesday after the retailer withdrew its financial outlook for the year citing "macro uncertainty" and said it would write down $75 million in spring and summer merchandise. American Eagle said late Tuesday that it expects first-quarter ...
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation's largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. Chairman Stephen Hemsley will become CEO, effective immediately, the Minnesota company ...
TOKYO (AP) — Global free trade is in crisis, the head of the World Trade Organization chief said Tuesday while meeting Japanese Prime Minister Shigaru Ishiba on Tuesday. Ngozi Okonjo-Iweala, director-general of the World Trade Organization, told Ishiba that she has high expectations for ...
