Google scales back AI search answers after telling users to eat glue
The change is the latest example of Google launching an AI product with fanfare and then rolling it back after it goes awry.
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Tesla settles defect case involving fatal Indianapolis crash
Tesla is facing a string of lawsuits around the country that blame various defects for fatal or otherwise serious collisions.
UPDATE: DOJ says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
Ticketmaster, which merged with Live Nation in 2010, is the world’s largest ticket seller. The company owns or controls more than 265 of North America’s concert venues and dozens of top amphitheaters.
FDIC Chair Martin Gruenberg says he will resign after hostile workplace claims
An independent investigation led by an outside law firm found rampant instances of abusive workplace conduct at the FDIC, including sexual harassment, stalking and inappropriate supervisor-subordinate relationships.
Red Lobster files for Chapter 11 bankruptcy protection
After closing dozens of restaurants, including one in Indianapolis, the seafood chain has agreed to sell itself to its lenders―giving it a $100 million financing commitment to keep it afloat.
Are tacos and burritos sandwiches? A judge in Indiana ruled yes.
A developer of the shopping center property wanted to allow the Famous Taco restaurant to open there, but a nearby condominium association raised concerns that the business violated the property’s zoning policy.
Supreme Court rejects broad challenge to Consumer Financial Protection Bureau
In a 7-2 decision written by Justice Clarence Thomas, the court upheld as constitutional the bureau’s funding mechanism, which is based on profit from the Federal Reserve, rather than an annual appropriation.
Inflation improved slightly in April, but impact on rate cuts still uncertain
The latest snapshot comes as the Federal Reserve is grappling with inflation data that continues to surprise them.
Ordered back to the office, top tech talent left instead, study finds
Return-to-office mandates at some of the most powerful tech companies were followed by a spike in departures among the most senior, tough-to-replace talent, according to a new case.
Employees increasingly taking legal action over office mandates
As more companies across the United States take a hard-line stance on office mandates, an increasing number of workers are elevating their complaints to court and federal labor agencies.
Employers added 175,000 jobs in April as labor market growth slowed
After a miniboom that powered the first quarter of 2024, the labor market cooled in April, reflecting job growth that looked more like the latter half of 2023. April’s job gains were the smallest reported since October.
Apple, Google and Venmo fight new U.S. plan to monitor payment apps
The U.S. government is weighing whether to treat Apple, Google and PayPal-owned Venmo more like banks—and regularly inspect some of their operations.
Eight major newspapers join legal backlash against OpenAI, Microsoft
The lawsuit alleges that OpenAI and Microsoft used copyrighted newspaper articles to train their algorithms without compensating content owners.
U.S. solar companies, imperiled by price collapse, demand protection
Several of the biggest American solar manufacturing companies say in a petition filed with the Commerce Department that firms in four Asian countries are illegally flooding the U.S. market with Chinese-subsidized panels.
What fliers should know about new refund rules for airlines
New federal rules for airlines will go into effect later this year, giving travelers a better picture of the full cost of flights before they book—and getting them an easier refund if things go awry.
Groups sue to block FTC’s new rule barring noncompete agreements
The U.S. Chamber of Commerce and other business groups on Wednesday sued the Federal Trade Commission over a new rule that would make most noncompete agreements illegal, setting up a potential showdown over the scope of the agency’s authority.
Everything TikTok users need to know about possible ban
The U.S. government is as close as it has ever been to kicking out an app used by an estimated 170 million Americans. Here’s what’s expected next.
FTC bans contracts that keep workers from jumping to rival employers
The rule is set to take effect after 120 days, but business groups vowed to challenge it in court, arguing that the FTC greatly overstepped its authority and enacted a rule that will hurt companies.
Biden seeks to hike tariffs on Chinese steel as U.S. election looms
The mix of tariffs and investigations also represent Biden’s sharpest actions to date to prevent China from unleashing on global markets an avalanche of low-cost goods, at a time when demand in its domestic economy is weak.
Justice Department to hit concert promoter Live Nation with antitrust suit
Performers, politicians, scholars, rival promoters and other ticket sellers argue that Live Nation wields far too much power in the live entertainment industry.