Business

Why tech has been slow to fight wildfires, extreme weather

  • Jan 22, 2020

SAN FRANCISCO  — For two years running , California’s wildfires have sent plumes of smoke across Silicon Valley. So far, that hasn’t spurred much tech innovation aimed at addressing extreme-weather disasters associated with climate change. It’s true that tech companies from 

Read More

US stocks rise as health authorities focus on China virus

  • Jan 22, 2020

NEW YORK  — U.S. stocks rose in early trading Wednesday as health authorities around the world take steps to monitor and contain a deadly virus that could spread globally. China and other countries are ramping up screenings for fever on aircraft and at airports. The World Health Organization is ex

Read More

US, France reach tax deal averting broader trade war

  • Jan 22, 2020

DAVOS, Switzerland  — France’s finance minister said Wednesday that his country will delay its tax on the digital business of big tech firms like Google and Faceook in exchange for the United States’s promise to hold off retaliatory sanctions. The deal struck between Bruno Le Maire and

Read More

UN experts: Jeff Bezos phone hack shows link to Saudi prince

  • Jan 22, 2020

DUBAI, United Arab Emirates — The phone of Amazon billionaire and Washington Post owner Jeff Bezos was hacked after receiving a file sent from an account used by Saudi Crown Prince Mohammed bin Salman, United Nations experts alleged Wednesday. The experts called for an “immediate investigation&rd

Read More

Allegations bite into business of ‘Africa’s richest woman’

  • Jan 22, 2020

Portuguese bank EuroBic said it will stop doing business with companies and people linked to its main shareholder Isabel dos Santos after an investigation accused the billionaire daughter of Angola’s former ruler of murky dealings. The International Consortium of Investigative Journalists this week acc

Read More

Boeing doesn’t expect Max jet to be cleared until summer

  • Jan 22, 2020

Boeing said Tuesday that it doesn’t expect federal regulators to approve its changes to the grounded 737 Max until this summer, several months longer than the company was saying just a few weeks ago. That timetable — the latest of several delays in the plane’s approval process — will

Read More

GM’s Cruise heads down new road with new robotaxi concept

  • Jan 22, 2020

SAN FRANCISCO  — General Motors’ self-driving car company will attempt to deliver on its long-running promise to provide a more environmentally friendly ride-hailing service in an unorthodox vehicle designed to eliminate the need for human operators to transport people around crowded cities.

Read More

Global stocks tumble on growing concern about China virus

  • Jan 21, 2020

BEIJING  — Global stock and oil prices tumbled Tuesday as concern about the impact of a Chinese disease outbreak increased and a rating agency cut Hong Kong’s credit rating for official borrowing due to political tension. Japan’s central bank left its key interest rate unchanged and up

Read More

Trump on mission to sell US overseas as Senate trial resumes

  • Jan 21, 2020

DAVOS, Switzerland  — President Donald Trump is in Switzerland on a mission to sell the United States to the global business community just as his historic impeachment trial is to get underway Tuesday in Washington. When t

Read More