Business

Nvidia Corp.’s $20 billion licensing deal with artificial intelligence startup Groq is being probed by a pair of Democratic senators over whether it violates antitrust laws by improperly avoiding a merger review and illegally consolidating its power in the market for AI computing.

In a stunning move, CBS News is shutting down its radio division, getting out of the medium where its storied history began nearly 100 years ago.

Wall Street tumbled on Friday, with losses in heavyweights Nvidia and Microsoft, as the U.S.-Israeli war with Iran entered its fourth week, deepening worries about inflation and the potential for higher interest rates.

Nexstar, the largest owner of TV stations in the United States, won regulatory approval to buy rival Tegna on Thursday, in a $6.2 billion deal that promises to reshape the landscape for local television and news coverage.

Workers are discovering that a new overtime tax break is proving less generous — and more complicated — than expected. In some cases, workers are discovering they can’t even claim the deduction without doing extra legwork. Pittsburgh tax accountant Howard Davis said a client recently came in expecting to write off his overtime pay, only to realize his W-2 didn’t break it out. “I told him to go ...

Student loan borrowers in default will soon face a new collector – the U.S. Treasury. The Department of Education on March 19 announced the Department of the Treasury will take over operations related to all student loans in three phases.

Spokane-based homebuilder Corey Condron for years has been raising concerns about two major issues contributing to the housing shortfall in the region: labor shortages and administrative barriers.

A group of attorneys general are taking legal action to block Nexstar Media Group's proposed $6.2 billion acquisition of Tegna's TV stations, calling the deal bad for consumer cable bills and local journalism. A lawsuit filed Wednesday in U.S. District Court in Sacramento says the proposed deal by eight state law enforcers including California Atty. General Rob Bonta, claims the proposed deal ...

Fertilizer costs are rising as the U.S.-Iran war disrupts shipments through the Strait of Hormuz, and farmers are feeling the impact.

In a world seemingly full of raw deals, the price of a hot dog and a soda at Costco hasn’t changed in 40 years. While taking part in the viral CEO taste test videos, Costco’s head honcho Ron Vachris said it wouldn’t anytime soon.

The average rate on the popular U.S. 30-year fixed-rate mortgage surged ​to a three-month high this week as war in the Middle ⁠East stoked inflation fears, dealing a ‌blow to the Trump ​administration's efforts to make housing more affordable.

Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc. to help launch a robotaxi fleet that will be available in the US, Canada and Europe over the next five years.

Energy prices surged on Thursday after Iran struck the world’s largest LNG complex, causing damage that Qatar said could take five years to repair, as some of the energy sector's worst fears about the war launched by the U.S. and Israel on Iran came true.

When Atlanta pastor Jamal Harrison Bryant called off his yearlong Target fast, the announcement set off fireworks.

Josh D'Amaro officially assumes his new role as Disney's chief executive officer at Wednesday's annual shareholder meeting, taking the helm of the entertainment colossus at a time of profound change.

As the U.S. says goodbye to pennies, Washington state lawmakers have reached a solution for how local businesses should handle rounding during cash transactions.

Global stocks fell on Wednesday, erasing earlier gains as oil prices reversed course to head up, while a reading on U.S. inflation was higher than expected ahead of a Federal Reserve monetary policy announcement.