BUSINESS

The Biden administration said it will give more than $6 billion to a pair of high-speed electric rail routes in the West.

Frontier Airlines has settled a lawsuit filed by female pilots who said the airline discriminated against pregnant and breastfeeding employees.

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades.

Federal investigators have concluded that a 2021 rupture of an undersea oil pipeline off the Southern California coast was likely caused by the proximity of anchored shipping vessels.

Located at 2203 SE Loop 410, near Rigsby Avenue on the East Side, the new restaurant is one of five Chick-fil-A locations that have recently opened or will soon open.

The major philanthropy, Open Society Foundations, said Tuesday it will commit $50 million to increase civic engagement among women and youth over the next three years as part of its strategy to support democracy in the U.S. Alex Soros, chair of the Open Society Foundations and son of its founder billionaire investor George Soros, said in a statement that the advocacy of women and young people is essential to stopping the advancement of authoritarianism.

CVS Health is introducing changes to how its prescription drug pricing model works, and that could lead to some savings for customers starting next year.

The highly anticipated trailer for Grand Theft Auto VI has arrived a little early after a copy was leaked online.

U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace.

JetBlue says it needs to buy Spirit Airlines to compete with bigger airlines in a post-Covid travel world.

The conflict against Tesla in Sweden is spreading to neighboring Denmark.

Most stocks slipped on Wall Street, but the market hung near its highest level in 20 months following a mixed set of reports on the economy.

Asian shares declined Tuesday on heavy selling of property and technology shares.

The bid-rigging trial around the Tokyo Olympics is playing out in a Japanese courtroom — more than two years after the Games closed — with advertising giant Dentsu and five other companies facing criminal charges.

Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they’re also lobbying hard to make sure the new rules work in their favor.

The Supreme Court seems inclined to uphold a tax on foreign income while leaving broader questions about a never-enacted tax on wealth for another day.

Shifting to renewable energy is a key issue at the ongoing COP28 climate summit.

Remember what you searched for in 2023.

Georgia Power Co. is urging the state’s utility regulators to approve a deal to pay for the company’s new nuclear reactors.

California regulators are alleging a San Francisco robotaxi service owned by General Motors covered up the severity of an accident involving one of its driverless cars, raising the specter they may add a fine to the recent suspension of its California license.

U.S. auto safety regulators say they are monitoring data from a group of mostly unrecalled Takata air bag inflators after one of them exploded in a BMW and hurled metal fragments that seriously injured a driver in Chicago.

Alaska Airlines says it will buy Hawaiian Airlines for $1 billion.

Bitcoin is once again having a moment.

Uber's stock is set to join the S&P 500 index later this month.

The death toll from a mining tragedy last week in South Africa that involved an elevator at a mine has risen to 13 after a worker died at a hospital.

Russian officials and media say that heavy snowfall that hit Moscow has disrupted traffic on roads and flights in and out of three airports.

Human rights lawyers have gone to court in the Netherlands to call for a halt to the export of fighter jet parts to Israel that are being used in attacks on Gaza.

Spotify says it’s axing 17% of its global workforce in the music streaming service’s third round of layoffs this year.

While Ukrainian diplomats take part in negotiations at the United Nations COP28 climate talks, Russia’s war on the country lurks just in the background.

Fewer airplanes and helicopters will be flying tourists over Mount Rushmore and other national monuments and parks as new regulations take effect that are intended to protect the serenity of some of the nation’s most beloved natural areas.

Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment.

Yevgeny Prigozhin rose from an ex-con hot dog vendor to winning lucrative Kremlin contracts and heading a formidable mercenary army.

The Supreme Court is wrestling with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids.

A survey shows most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under pressure brought by high interest rates.

An independent watchdog says many Western arms companies failed to ramp up production in 2022 despite a strong increase in demand for weapons and military equipment.

Alaska Air Group has agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt.

A man killed four family members, including two children, at their Queens home in New York City and stabbed two police officers who then shot him to death.

A Hong Kong court has postponed a court hearing on troubled Chinese property developer Evergrande’s winding-up petition to Jan. 29.

As schools across the U.S. grapple with the student mental health crisis, the use of telehealth therapy for students has skyrocketed.

BMW is recalling a small number of SUVs in the U.S. because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people.

A mother and her 14-year-old daughter are advocating for better protections for victims after AI-generated nude images of the teen and other female classmates were circulated at a high school in New Jersey.

The United States is now committed to the idea of phasing out coal power plants, joining 56 other nations in kicking the coal habit.

The United States has taken action to reduce methane emissions from oil and natural gas production.

Chicago is scrambling to house hundreds of asylum-seekers who are still sheltering on sidewalks, at police stations and at the city’s busiest airport as the cold weather sets in and with winter just around the corner.

Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform.

South Korea has launched its first military spy satellite, a little over a week after rival North Korea claimed to put its own spy satellite into orbit for the first time.

It’s the first time the downtown stadium will have turned a profit since the San Antonio Spurs left the building for a new East Side arena in 2002.

Pfizer shares sank Friday when the drugmaker announced that it was abandoning a twice-daily obesity treatment after more than half the patients in a clinical trial stopped taking it.

Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said.

Billionaire vacuum cleaner tycoon James Dyson has lost a libel lawsuit against the Daily Mirror.

Americans could have a harder time finding electric vehicles that qualify for a full $7,500 federal tax credit under new rules being proposed.

Asian shares have slipped after Wall Street closed out its best month of the year with big gains in November.

Stocks gained ground on Wall Street as the market comes off its best month in more than a year.

The owner of two a south-central Montana precious metals mines is stopping work on an expansion project and laying off about 100 workers because the price of palladium fell sharply in the past year.

An attorney for the billionaire Haslam family has called the bribery allegations from Warren Buffett’s company a “wild invention."

U.S. health officials say consumers should not eat pre-cut cantaloupe if they don’t know the source.

A bill that would end smoking in Atlantic City's casinos continues to go nowhere.

Federal officials say they will give investigators a better tool for understanding accidents and close calls between planes.

The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18.

With manufacturing kinks still to be worked out, Tesla has delivered the first dozen or so of its futuristic Cybertruck pickups to customers.

Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials.

The Southeastern Conference championship game will remain at Mercedes-Benz Stadium through at least 2031.

A new study says that about half of Nicaragua's population of 6.2 million want to leave their homeland because of a mix of economic decline and repression from President Daniel Ortega's government.

The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market.

A New York appeals court has reinstated a gag order that barred Donald Trump from commenting about court personnel after he disparaged a law clerk in his New York civil fraud trial.

Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance.

The prospective new owner of the Dallas Mavericks is one of the richest women in the world, a Las Vegas casino mogul, and a U.S. and Israel power broker and newspaper publisher.

British ex-Treasury chief Alistair Darling has died at age 70.

The Federal Reserve’s preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth.

Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.

AbbVie is spending more than $10 billion to add a potential blockbuster cancer treatment as cheaper versions of the drugmaker’s all-time best seller, Humira, cut into sales.

Meta says it has found and disabled thousands of fake Facebook accounts linked to China that were used to spread politically partisan content in the United States before next year’s election.

Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.

Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years.

Asian shares are mostly higher ahead of the release of U.S. consumer inflation data.

The OPEC oil cartel and allied producers have made another big swipe at propping up lagging crude prices.

The nonprofit organization GivingTuesday estimates that donors gave $3.1 billion this year on what has become one of the most important fundraising dates for U.S. nonprofits, the Tuesday after Thanksgiving.

Billionaire Elon Musk has said advertisers who have halted spending on his social media platform X in response to antisemitic and other hateful material are engaging in “blackmail.”.

Safety officials are releasing details of their investigation into a close call between a FedEx plane and a Southwest Airlines jet earlier this year in Austin, Texas.

An Indiana county judge has dismissed a state lawsuit filed against TikTok that had accused the app of deceiving its users about the level of inappropriate content for children on its platform and the security of consumers’ personal information.

The United Auto Workers union has announced plans to try to simultaneously organize workers at more than a dozen nonunion auto factories.

A South African company will make vaginal rings that protect against HIV, which AIDS experts say should eventually make them cheaper and more readily available.

Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% stake in the company.

The irreverent feminist website Jezebel is making a comeback less than a month after it was shut down.

Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday.

A lawyer for the Memphis couple who took in former NFL player Michael Oher when he was in high school says references to Oher being their adopted son will be removed from the couple’s websites and public speaking materials as part of their legal battle over Oher’s finances.

Tighter water restrictions for drought-stricken northeast Spain have gone in effect as authorities in Catalonia say that Barcelona may need to have fresh water shipped in by boat in the coming months.

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government said in an upgrade from its previous estimate.

Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring.

Clearly frustrated with its languishing share price, General Motors is announcing a massive stock buyback plan, raised its dividend and told investors it can absorb increased labor costs from a six-week autoworkers strike.

The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deals, a day before the summit was due to begin.

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates.

Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations.

New Zealand’s new prime minister plans to ban cellphone use in schools and repeal tobacco controls in the agenda for his first three months in office.

Michigan Gov. Gretchen Whitmer is expected to sign legislation in the coming days aimed at curbing deceptive uses of artificial intelligence and manipulated media.

Conservative Supreme Court justices seem open to a challenge to how the Securities and Exchange Commission fights fraud, in a case that could have far-reaching effects on other regulatory agencies.

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Pollution is causing respiratory illnesses and deaths to rise in Indonesia's island of Java, including the capital, Jakarta.

Survivors of the harmful morning sickness drug thalidomide were in the public gallery when Australia’s Parliament made a national apology for what was described as one of the darkest chapters in Australia’s medical history.

There will be no strike by American Airlines flight attendants around the Christmas and New Year's holidays.