Business News

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 is taking up a case over a Washington couple’s $15,000 tax bill that is widely seen as a test of a never-enacted tax on wealth

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

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 ...

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

Canada’s public broadcaster says it will cut 600 jobs and reduce its English and French programming budgets as it struggles with monetary pressures

Family members of three Black people who were killed this summer at a Dollar General store by a shooter who had posted racist writings have filed a lawsuit

Argentina’s outgoing government says it will not support the signing of a long-delayed trade deal between the European Union and the South American bloc Mercosur during a summit this week in Brazil even though the incoming Argentine government has expr...

Stocks slipped on Wall Street ahead of some key reports this week on the job market that might provide more insight into the Federal Reserve’s thinking about interest rates

Ohio state Senate Republicans are proposing vast changes to a recreational marijuana measure approved by voters last month

Benchmark U.S. crude oil for January delivery fell $1.03 to $73.04 per barrel Monday

A prominent disinformation scholar is accusing Harvard University in a whistleblower disclosure of muzzling her speech and stifling — then dismantling — her research team as it launched a deep dive into a damning trove of Facebook files

The English Premier League has sold its domestic TV rights for 6.7 billion pounds for the next four-year cycle

Excerpts from recent editorials in the United States and abroad: Dec. 2 The Washington Post on the U.S. economy: It has been a miracle year for the U.S. economy. Inflation has plummeted without triggering a recession. Many experts said that could not happen without widespread layoffs and a downturn. The economy has gained 2.4 million jobs so far this year, and growth has accelerated, with an annualized rate topping 5 percent in the third quarter. The good news has also fueled a stock market rally. In polls, people are downbeat about this economy, but their actions don’t match their words. There has been a consumption boom this year. Americans continued to spend heavily on apparel, concerts and vacations. In many ways, this is the year the economy finally returned to something close to normal. But many people seem to have forgotten what normal looks like after a traumatic few years. It seems inevitable that growth will slow from here. Many American consumers have been spending more...

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

Philadelphia police say a man who had tried to steal merchandise from a department store returned 15 minutes later and stabbed two security guards, killing one and injuring the other

Warren Buffett's company decided not to move forward with an expedited trial on its bribery allegations against the billionaire Haslam family in January under the strict conditions a judge set

Stocks that traded heavily or had substantial price changes on Monday: Alaska Air Group, Evergy fall; Spotify, Uber rise

ABC News business reporter Alexis Christoforous reports on the major bankruptcy settlement for Purdue Pharma, the maker of opioid painkiller OxyContin.

Ohio’s former top utility regulator has pleaded not guilty in connection with a $60 million bribery scheme

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

The layoffs follow two rounds of cuts announced earlier in the year.

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

Asian shares have declined in cautious trading ahead of some key reports this week on the U.S. job market that might provide insight into the Federal Reserve’s thinking about interest rates

At least 1,300 employees of organizations representing fossil fuel interests registered to attend this year’s United Nations climate talks in Dubai

Grandparents often want to help their grandchildren financially, but they aren’t always sure where to start

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

The companies will continue to operate under their current names indefinitely.

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

Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with 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

The U.S. military says three commercial ships in the Red Sea were struck by ballistic missiles fired from Houthi-controlled Yemen, and a U.S. warship shot down three drones in self-defense during the hourslong assault

A “potential explosion” has struck a key shipping route off the coast of Yemen

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

Fifty oil companies are pledging to reach near-zero methane emissions.