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Waymo Recalls Over 600 Self-Driving Cars After One Hits Pole in Arizona

Waymo recalled 672 autonomous cars after one hit into a utility pole in Phoenix, Arizona. A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.


California Lawmakers Reject Newsom's $400M PG&E Budget Bid Amid Ongoing Political Standoff

California lawmakers rejected Governor Newsom's request to allocate an additional $400 million for PG&E in the state budget, continuing a political standoff.

China's Li Visits NZ to Strengthen Business, Trade Ties

Chinese Premier Li Qiang is in New Zealand for a three-day trip aimed at strengthening business and trade ties between the two countries.

Visa-Mastercard $30 Billion Swipe Fee Deal Setback as Judge Hints at Rejection

A federal judge in Brooklyn indicated that she will likely reject the $30 billion settlement between Visa, Mastercard, and retailers aimed at capping credit card swipe fees.


Latest News

US Returns Additional $156 Million to Malaysia From Stolen 1MDB State Fund
The United States (US) has returned $156 million to Malaysia, which was recovered from assets seized in investigations into a global corruption scheme involving the 1Malaysia Development Berhad (1MDB) state fund.
The Ford Motor Company logo
Ford ended an expensive program that pushed dealers to invest over $1 million to sell EVs. The Ford Motor Company logo is seen July 20, 2008 at a dealership in Hudson, Wisconsin.
G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia
The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.
LinkedIn Unveils New AI-Powered Features for Premium Subscribers to Optimize Job Search
LinkedIn Premium users can now use new AI-powered tools to improve their cover letters and resumes.
Apple Faces New Lawsuit That Claims of Underpaying Female Workers in California
Apple is facing a proposed class action lawsuit alleging it systematically underpaid over 12,000 female employees in California.
fdic
President Joe Biden will reportedly suggest Christy Goldsmith Romero to replace Martin Gruenberg as the head of FDIC.
Goldman Sachs Plans to Double Lending to Ultra-Wealthy Private Bank Clients in the Next 5 Years: Report
Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
US Congress Scrutinizes Microsoft President Over China Ties, Security Failures
Microsoft President Brad Smith was intensely questioned by a House homeland security panel on Thursday regarding the company's security practices and ties with China.
cyberattack
Ascension said the May ransomware attack was triggered by an employee who mistakenly downloaded a malicious file.
OpenAI Hires Ex-NSA Chief Paul M. Nakasone to its Board
Former National Security Agency (NSA) director and retired US Army general Paul M. Nakasone has been named as the new board member of OpenAI.