Ford changes tune, to keep AM radio on 2024 models
Ford CEO Jim Farley said the company is reversing a decision to scrub AM after speaking with government policy leaders who are concerned about keeping emergency alerts.
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White House unveils new efforts to guide federal research of AI
The U.S. government and private sector in recent months have begun more publicly weighing the possibilities and perils of artificial intelligence.
U.S. rejects $200M grant to battery maker over alleged ties to China
The company is building a battery plant in Tennessee and was in talks with the Energy Department for a $200 million grant funded through the 2021 infrastructure law.
States sue telecom company over billions of robocalls
The lawsuit said Avid Telecom used spoofed or invalid caller ID numbers, including more than 8.4 million calls that appeared to be coming from government and law enforcement agencies as well as private companies.
Graham Rahal gets Indy 500 ride as replacement for injured Stefan Wilson
Less than 48 hours earlier, it appeared Rahal’s 15-year streak of starting in “The Greatest Spectacle in Racing” would end.
Possible UPS strike looms large in world grown reliant on delivery
The last time UPS workers walked of the job more than two decades ago, it crippled the shipping company. An emboldened union is threatening to do the same, and this time the disruption would be far greater.
Actor Adam Driver chosen as honorary starter for Indianapolis 500
Driver, who grew up in Mishawaka in northern Indiana, will soon be starring as Enzo Ferrari in a biopic of the Italian automobile magnate.
Wilson fractures vertebrae in crash with Legge in Indy 500 practice
Katherine Legge ran into the rear of British driver Stefan Wilson’s car, sending both skidding into the wall.
No debt ceiling agreement, but Biden and McCarthy call talks productive
GOP lawmakers have been holding tight to demands for sharper spending cuts with caps on future spending, rejecting the alternatives proposed by the White House that call for reducing deficits in part with new revenue from taxes.
Ford CEO: Days of being all things to all people are over
Ford CEO Jim Farley says Ford will be competing differently, going for tailored ownership experiences rather than “jockeying for slivers of market share.”
Meta fined record $1.3B, ordered to stop sending European user data to U.S.
The social media company that owns Facebook might have to carry out a costly and complex revamp of its operations if it’s ultimately forced to stop the transfers.
Debt ceiling: Biden, McCarthy to meet Monday as negotiators ‘keep working’
Another round of debt negotiations has wrapped up at the U.S. Capitol. White House and House Republican staff met for 2-1/2 hours Sunday evening as talks appear to be narrowing on a 2024 budget year cap that would be key to resolving the standoff.
Alex Palou’s record run earns Ganassi third straight Indy 500 pole
Palou, who won on the road course race at Indianapolis Motor Speedway last weekend, put together the fastest four-lap pole run in history Sunday.
Graham Rahal bumped out of Indy 500 field by teammate Harvey
The Rahal Letterman Lanigan organization was in a terrible position headed into the last-chance qualifying session because all three of its full-time drivers were in the bottom four.
Twitter accuses Microsoft of misusing its data, foreshadowing possible fight over AI
Twitter owner Elon Musk has previously accused Microsoft and its partner OpenAI of “illegally” using Twitter data to develop sophisticated AI systems such as ChatGPT.
Bipartisan bill aims to require AM radio in new cars
The proposed “AM for Every Vehicle Act” arrives as more and more automakers say goodbye to AM radio in newer car models.
Fewer Americans apply for jobless benefits as labor market still showing strength
Since the pandemic purge of millions of jobs three years ago, the U.S. economy has added jobs at a breakneck pace and Americans have enjoyed unusual job security.
Walmart shines in rough retail environment, ratchets up outlook
Walmart reported strong first-quarter sales results as the nation’s largest retailer’s pledge of lower prices continues to draw budget-conscious consumers.
Federal Reserve officials split over what to do next to fight inflation
The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates, leaving the outlook for the Fed’s policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes.
Supreme Court sides with Google, Twitter, but avoids ruling on broader protections
The justices unanimously rejected a lawsuit alleging that the companies allowed their platforms to be used to aid and abet an attack at a Turkish nightclub that killed 39 people in 2017.