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October 12

Ex-Scottish First Minister Alex Salmond, who nearly got Scotland's independence from UK, dies at 69

Scotland's former first minister Alex Salmond has died at age 69
October 12
FILE - Alex Salmond stands at Stirling Castle to mark the start of the party's Mid Scotland and Fife campaign, ahead of the Scottish Parliamentary election on April 13, 2021 (Andrew Milligan/PA via AP)
October 12

Powerful storm knocks out power to 1.4 million homes in Brazil's largest city

Around 1.4 million homes in Sao Paulo, Brazil, are without power almost 24 hours after a brief but powerful storm swept through South America’s largest city
October 12
October 12

Changing OpenAI's nonprofit structure would raise questions about its future

The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion
October 12
FILE - OpenAI CEO Sam Altman attends an Apple event announcing new products in Cupertino, Calif., June 10, 2024. (AP Photo/Jeff Chiu, File)
October 12

Documents show OpenAI's long journey from nonprofit to $157B valued company

Back in 2016, the artificial intelligence maker OpenAI had just incorporated as a nonprofit and applied to the Internal Revenue Service for tax-exempt status
October 12
FILE - The OpenAI logo appears on a mobile phone in front of a computer screen with random binary data, March 9, 2023, in Boston. (AP Photo/Michael Dwyer, File)
October 12

China's finance minister says there is room for more economic stimulus but offers no plan

China's finance minister says the government is looking at additional ways to boost the economy, but he didn't unveil a major new stimulus plan at a news conference Saturday
October 12
In this image made from a video, China's Finance Minister Lan Fo'an speaks during a new briefing in Beijing Saturday, Oct. 12, 2024. (AP Photo)
October 12

Data shows migrants aren’t taking jobs from Black or Hispanic people, despite what Trump says

Republican presidential nominee Donald Trump promises the biggest deportation event the U.S. has ever seen if he is elected
October 12
Republican presidential nominee former President Donald Trump speaks during a campaign rally at Grand Sierra Resort and Casino, Friday, Oct. 11, 2024, in Reno, Nev. (AP Photo/Julia Demaree Nikhinson)
October 12

UK leader Keir Starmer is marking 100 days in office. It has been a rocky ride

British Prime Minister Keir Starmer marks 100 days in office on Saturday with little cause for celebration
October 12
FILE - Britain's Prime Minister Keir Starmer speaks uring a visit at a factory in Chester, England, Friday, Oct. 4, 2024.(AP Photo/Darren Staples, Pool, File)
October 11

Drought is parching the world's largest man-made lake, stripping Zambia of its electricity

Zambia’s worst electricity blackouts in memory have been caused by a severe drought in the region that has left the critical Kariba dam with insufficient water to run its hydroelectric turbines
October 11
Salim Zulu, a businessman, works on his laptop and charges devices at Mercato Cafe in Lusaka, Zambia, Tuesday, Sept. 17, 2024. (AP Photo/Themba Hadebe)
October 11

Appeals court revives lawsuit in fight between 2 tribes over Alabama casino

A federal appeals court revived a lawsuit filed by one Native American tribe over another’s construction of a casino on what they said is sacred land
October 11
October 11

TikTok was aware of risks kids and teens face on its platform, legal document alleges

TikTok has been aware that its design features are detrimental to its young users and that publicly touted tools aimed at limiting kids’ time on the site were largely ineffective
October 11
FILE - The icon for the video sharing TikTok app is seen on a smartphone, Tuesday, Feb. 28, 2023, in Marple Township, Pa. (AP Photo/Matt Slocum, File)
October 11

Boeing to cut approximately 17,000 jobs over the coming months

CEO Kelly Ortberg announced the plans in a letter to employees on Friday.
October 11
Boeing logo is seen during defense industry exhibition in Kielce, Poland, on Sept. 3, 2024.
October 11
FILE - Unpainted Boeing 737 Max aircraft are seen on Sept. 24, 2024, at the company's facilities in Renton, Wash. (AP Photo/Lindsey Wasson, File)
October 11

Boeing says it will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing says it will lay off 10% of its employees as a strike by factory workers cripples airplane production
October 11
October 11

Oregon's most populous county adds gas utility to $51B climate suit against fossil fuel companies

Oregon's Multnomah County, home to Portland, has added the state's largest natural gas utility to its $51.5 billion climate lawsuit against fossil fuel companies
October 11
FILE - Chris Cowan with Cascadia Behavioral Healthcare's street outreach team loads water and other cooling supplies before visiting homeless camps, Aug. 12, 2021, in Portland, Ore. (AP Photo/Nathan Howard, File)
October 11

California Senate passes bill aimed at preventing gas price spikes

The California state Senate has passed a bill aimed at preventing gas prices from spiking at the pump
October 11
FILE - The San Francisco-Oakland Bay Bridge rises behind the price board of a gas station in San Francisco on July 20, 2022. (AP Photo/Jeff Chiu, File)
October 11

How major US stock indexes fared Friday, 10/11/2024

U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial companies rallied following better-than-expected profit reports
October 11
October 11

Awash in oil money, Guyana promises cash, free tuition and other perks ahead of election

The president of Guyana has announced several perks ahead of next year’s general elections, including free college tuition and a one-time cash payment of nearly $1,000 for every household in the oil-rich South American country
October 11
Guyanese President Mohamed Irfaan Ali meets with U.S. Secretary of State Antony Blinken, at the United Nations headquarters, Monday, Sept. 23, 2024. (Bryan R. Smith/Pool Photo via AP)
October 11

Next Week: United Airlines earnings, retail sales, housing starts

United Airlines reports quarterly results Tuesday
October 11
October 11

Fisher-Price recalls over 2 million 'Snuga Swings' following the deaths of 5 infants

Fisher-Price is recalling parts of over 2 million infant swings across the U.S., Canada and Mexico
October 11
This photo provided by the U.S. Consumer Product Safety Commission shows an example of a Fisher-Price Snuga Swing being recalled Friday, Oct. 11, 2024, following the death of five infants. (U.S. Consumer Product Safety Commission via AP)
October 11

Snubbed by Tesla, Mexican government pledges to create its own small, affordable electric car

Snubbed by Tesla, Mexico's new president has pledged to create a Mexican-made small, affordable electric car
October 11
October 11

Georgia election workers settle defamation lawsuit against conservative website

Two Georgia election workers have reached a settlement in their defamation lawsuit against a Missouri-based website that falsely accused them of fraud in the 2020 presidential election
October 11
FILE - Wandrea "Shaye" Moss, a former Georgia election worker, is comforted by her mother, Ruby Freeman, right, as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, June 21, 2022. (AP Photo/Jacquelyn Martin, File)
October 11

Here's how inflation largely came back to normal

Price increases are hovering right near the Fed's target rate of 2%.
October 11
Customers shop at a grocery store in Waukegan, Ill., on Sept. 20, 2024.
October 11

Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

Italian lawmakers on Friday questioned the head of troubled French-Italian automaker Stellantis over the group’s strategy, one day after it announced a management shakeup in an effort to revive sales
October 11
FILE - Stellantis CEO Carlos Tavares speaks during a news conference following a meeting with unions, March 31, 2022, in Turin, Italy. Tevares will retire in early 2026 and Chief Financial Officer Natalie Knight is stepping down as the world's fourth biggest automaker contends with ongoing sales difficulties in North America. (Fabio Ferrari/LaPresse via AP, File)
October 11

Brazil starts blocking irregular online gambling as concern rises over addiction

Brazil on Friday started blocking over 2,000 gambling websites designated as irregular, part of a push by the government to regulate the sector, after concern rose about gambling addicts, especially vulnerable people
October 11
October 11

United Airlines adding 8 new international destinations to itinerary for next summer

United Airlines is adding eight new international destinations to its itinerary for next summer
October 11
FILE - United Airlines jets sit at a gate at Terminal C of Newark Liberty International Airport in Newark, N.J., July 18, 2018. (AP Photo/Julio Cortez, File)
October 11

US consumer sentiment slips in October on frustration over high prices

Americans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday
October 11
FILE - Motorists fill up the tanks of their vehicles at a Costco warehouse gasoline station Sept. 12, 2024, in Thornton, Colo. (AP Photo/David Zalubowski, File)
October 11

US consumer sentiment slips in October on frustration over high prices

US consumer sentiment slips in October on frustration over high prices
October 11
October 11

Wholesale inflation remained cool last month in sign that price pressures slowing

Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19
October 11
FILE - A worker operates a machine at the BMW Spartanburg plant in Greer, S.C., on Oct. 19, 2022. (AP Photo/Sean Rayford, File)
October 11

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
October 11
October 11

Stellantis, seeking to revive sales, makes some leadership changes

Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and the departure of its chief financial officer as it struggles to revive sales in North A...
October 11
FILE - Stellantis CEO Carlos Tavares speaks during a news conference following a meeting with unions, March 31, 2022, in Turin, Italy. Tevares will retire in early 2026 and Chief Financial Officer Natalie Knight is stepping down as the world's fourth biggest automaker contends with ongoing sales difficulties in North America. (Fabio Ferrari/LaPresse via AP, File)
October 11

JPMorgan net income falls as bank sets aside more money to cover potential bad loans

JPMorgan says its net income fell to $12.9 billion in the third quarter.
October 11
FILE - Pedestrians approach JP Morgan Chase headquarters, Dec. 29, 2023, in New York. (AP Photo/Peter Morgan, File)
October 11

JPMorgan's net income fell 2% in the third quarter as the bank set aside more money to cover potential bad loans

JPMorgan's net income fell 2% in the third quarter as the bank set aside more money to cover potential bad loans
October 11
October 11

Tesla unveils its Cybercab in move Musk hopes will steer company into new era

A self-driving taxi that can collect passengers and drive them to their destinations safely is an idea Musk has been toying with for several years.
October 11
A self-driving taxi that can collect passengers and drive them to their destinations safely is an idea Elon Musk has been toying with for several years.
October 11

Stock market today: Wall Street rises to close its latest record-setting week as banks jump

U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports
October 11
FILE - The New York Stock Exchange is shown on Sept. 10, 2024. in New York. (AP Photo/Peter Morgan, File)
October 10

Gunmen kill 21 miners in southwest Pakistan ahead of an Asian security summit

Police say gunmen killed 21 miners and wounded six others in Pakistan’s southwest
October 10
Injured men receive treatment at a hospital in Quetta, Pakistan, Friday, Oct. 11, 2024, following Thursday attack by gunmen in Balochistan province. (AP Photo/Arshad Butt)
October 10

South Korea's central bank cuts rates in a bid to boost the economy

South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt
October 10
Bank of Korea Gov. Rhee Chang-yong speaks during a press conference at the central bank in Seoul, South Korea, Friday, Oct. 11, 2024.(AP Photo/Ahn Young-joon)
October 10

An ex-judge from mainland China is set to take Macao's top job. What's at stake for the casino hub?

Some 400 pro-establishment electors are set to approve the sole candidate for Macao’s chief executive job on Sunday, making him the Chinese casino hub’s first leader born in mainland China
October 10
FILE The sole candidate for the upcoming election for the Macao chief executive post, Sam Hou Fai, the city's former top judge, waves as he leaves the stage after a press conference at the China-Portuguese-speaking Countries Commercial and Trade Service Platform Complex in Macao, Saturday, Sept. 28, 2024. (AP Photo/Anthony Kwan, File)
October 10

AI is having its Nobel moment. Do scientists need the tech industry to sustain it?

Hours after the artificial intelligence pioneer Geoffrey Hinton won a Nobel Prize in physics, he drove a rented car to Google’s California headquarters to celebrate
October 10
View at the Google DeepMind logo at the office building in London, Wednesday, Oct. 9, 2024. Demis Hassabis and John Jumper were awarded the Nobel Prize in chemistry for their breakthrough work predicting and designing the structure of proteins, the building blocks of life. Hassabis and Jumper both work at Google Deepmind in London. (AP Photo/Alastair Grant)
October 10

Toyota returns to Formula 1 in technical partnership with the US-based Haas team

Toyota is returning to Formula 1 after 15 years as the Japanese automaker becomes a “technical partner” of American team Haas
October 10
Haas driver Nico Hulkenberg of Germany steers his car during the Singapore Formula One Grand Prix at the Marina Bay Street Circuit, in Singapore, Sunday, Sept. 22, 2024. (AP Photo/Vincent Thian)
October 10

Boeing's lawyers argue for settlement opposed by relatives of those killed in 737 Max crashes

Relatives of passengers who died in Boeing Max crashes have attended a Texas courtroom where their lawyers asked a judge to throw out a plea agreement they say is a sweetheart deal for Boeing
October 10
FILE - Chris Moore, parent of Danielle, one of the crash victims of a Boeing 737 MAX8 in Ethiopia, speaks during a news conference on Capitol Hill, June 18, 2024, in Washington. (AP Photo/Jose Luis Magana, File)
October 10

Mexico sends 660 soldiers, National Guard to protect lime growers suffering extortion by cartels

Mexico has sent 660 soldiers and militarized National Guard officers to the western state of Michoacan to protect lime growers who complained they were suffering extortion demands by cartels
October 10
FILE - A worker unloads a truck-full of Mexican limes at a citrus packing plant in La Ruana, in the state of Michoacan, Mexico, Nov. 6, 2023. (AP Photo/Dario Lopez-Mills, File)
October 10

How major US stock indexes fared Thursday, 10/10/2024

U.S. stocks edged back from their record highs
October 10
October 10

North Carolina maker of high-purity quartz back operating post-Helene

One of the two companies that manufacture high-purity quartz used for making semiconductors from mines in a western North Carolina community harmed by Hurricane Helene is operating again
October 10
An aerial view of quartz mines in Spruce Pine, N.C., as taken from a plane on Monday, Sept. 30, 2024. (AP Photo/Gary D. Robertson)
October 10

Here's how long gas shortages caused by Hurricane Milton will last

Nearly 25% of the gas stations in Florida have run dry, according to GasBuddy.
October 10
An apparent tornado caused by Hurricane Milton, tore the awning off a 7-Eleven convenient store, Oct. 9, 2024, in Cape Coral, Fla.
October 10

One Tech Tip: Here's what you need to do before and after your phone is stolen or lost

Phones hold so much of our digital lives that if they ever get stolen or go missing, it can cause major disruption beyond just the loss of a device
October 10
FILE - People look at their phones while waiting to cross an intersection in the rain at the Taikoo Li Sanlitun shopping center in Beijing, July, 30, 2024. (AP Photo/Vincent Thian, File)
October 10

Disney World and other Orlando parks to reopen Friday after Hurricane Milton shutdown

Florida theme parks including Disney World, Universal Orlando and SeaWorld say they’ll open their gates on Friday after shutting down for Hurricane Milton
October 10
Guests weather early bands of rain from Hurricane Milton at the Magic Kingdom at Walt Disney World in Bay Lake, Fla., Wednesday, Oct. 9, 2024. All four of Disney's Florida theme parks closed early Wednesday due to the forecast track of the storm. (Joe Burbank/Orlando Sentinel via AP)
October 10

TD Bank to pay $3 billion in historic money-laundering settlement with the Justice Department

TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who say the financial institution’s lax practices allowed significant money laundering over multiple years
October 10
Attorney General Merrick Garland speaks during a news conference to announce that TD Bank will pay an approximately $3 billion settlement after authorities say the financial institution's lax practices allowed for significant money laundering, at the Department of Justice, Thursday, Oct. 10, 2024, in Washington. (AP Photo/Mark Schiefelbein)
October 10

TD Bank will pay $3 billion in historic money-laundering settlement, the Justice Department says

TD Bank will pay $3 billion in historic money-laundering settlement, the Justice Department says
October 10
October 10

What to know about this year's Social Security cost-of-living adjustment

Tens of millions of older Americans will see a 2.5% increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments
October 10
FILE - An elderly couple walks down a hall on Nov. 6, 2015 in Easton, Pa. (AP Photo/Matt Rourke, File)
October 10

Company recalls nearly 10 million pounds of meat and poultry dishes for listeria contamination

A company is recalling nearly 10 million pounds of meat and poultry made at an Oklahoma plant because the products may be contaminated with listeria bacteria
October 10
FILE - The logo of the United States Department of Agriculture is seen, Aug. 10, 2007, at the US Embassy in Berlin. (AP Photo/Michael Sohn, File)