Business

Microsoft is asking a federal court to block the Pentagon’s designation of Anthropic’s AI technology as a national security risk, tying the two companies together in a legal battle with the Trump administration.

Universal Pictures is slowing down the arrival of new movies in homes, an acknowledgment that keeping films exclusive to theaters is still Hollywood's most reliable way to bolster ticket sales.

Washington state lawmakers had been debating a proposed “millionaire’s tax” for 23 hours straight when Starbucks Corp. founder Howard Schultz said he was leaving the state to move to Miami.

PayPay's shares opened roughly 19% above their offer price in a widely anticipated Nasdaq debut on Thursday, valuing the Japanese payments app at $12.7 billion and giving a much-needed boost to the new listings market.

First pitched in November, a new 30-unit low income housing development is being developed by Waters Meet Foundation, a nonprofit formally known as Empire Health Foundation.

The national average retail price of gasoline crossed $3.50 a gallon this week to hit its highest since May 2024, data from price tracking services AAA and ​GasBuddy showed, as the Israel-U.S. war with Iran stokes supply concerns.

Back in the early 2010s, the music industry was at a low point. Piracy was rampant. Compact disc sales were on a steady decline. And the then-new audio streaming services, like Spotify, were taking hits from creators for paying low royalty rates.

Meta Platforms Inc. plans to deploy four new generations of its in-house artificial intelligence chips by the end of 2027 as the company turns to custom silicon to help power its rapidly expanding AI workloads.

Target said on Wednesday it is lowering prices on more than 3,000 products spanning apparel, home goods and daily essentials, a key early move by new CEO Michael Fiddelke as the retailer seeks to woo shoppers and revive demand after three ​years of declining sales.

South African-born businessman and tech mogul Elon Musk is once again the richest man in the world, according to Forbes' latest listing of the world's wealthiest.

A year after shutting down its psychiatric center for children and adolescents due to a staffing shortage, Providence Health Care announced it will begin welcoming two additional resident psychiatrists each year.

After several stagnant years, there are signs the limping housing market may finally be perking up. Americans came out in greater numbers to buy homes in February, and March also could turn out to be a strong month, boosted by a brief dip in mortgage rates.

The U.S. Justice Department is rolling out a policy across divisions to encourage companies to report criminal misconduct in exchange for reduced penalties and other benefits, ​according to a DOJ memo shared with Reuters on Tuesday.

Beyond Meat is changing its brand to just Beyond. The El Segundo maker of plant-based proteins that look and taste like meat changed its website and social channels last week to reflect its new full name: Beyond the Plant Protein Co. "We are not moving away from making plant-based meat. This is a strategic expansion of our portfolio into additional protein categories," Beyond spokesperson ...

Boeing is reworking some 737 MAX planes to fix small scratches on wires, the company said Tuesday.

Australia's Qantas Airways, Scandinavia's SAS and Air New Zealand announced airfare hikes on Tuesday, blaming an abrupt spike in the cost of fuel caused by the Middle East conflict that is rattling global aviation.

The internet isn't ready to squash the CEO beef quite yet. After McDonald's CEO Chris Kempczinski's burger video set off an online firestorm of fast food chains putting their own executives to the taste test, social media users are calling for more ​companies to take part – but in a slightly different way.