Business

India’s capital part of aggressive electric vehicle targets in bid to curb air pollution

Tuesday, July 28 by SRN News

NEW DELHI (AP) - In an affluent neighborhood in Delhi, electric vehicle charging stations near a popular shopping area were busy with drivers powering up their scooters, trucks and cars. India's capital city is in dire need of more charging facilities, EV drivers say, to... Read More.

Asian stock rout deepens on AI worries ahead of tech earnings

Tuesday, July 28 by SRN News

By Ankur Banerjee SINGAPORE, July 29 (Reuters) - Asian stocks slid on Wednesday extending a brutal selloff as anxiety about AI valuations, rising competition and spending rocked markets ahead of crucial earnings from big tech firms and a U.S. Federal Reserve policy decision. Oil prices jumped... Read More.

Musk’s X says Australia social media ban crackdown undermines international law

Tuesday, July 28 by SRN News

By Byron Kaye SYDNEY, July 29 (Reuters) - Elon Musk's X accused Australia of trying to give its internet regulator unfair information-gathering powers and undermining U.S. law with plans for tougher enforcement of a teen social media ban. Australia's world-first law barring accounts for under-16s took... Read More.

Meta’s Zuckerberg says US should not block Chinese AI models, FT reports

Tuesday, July 28 by SRN News

July 28 (Reuters) - Meta CEO Mark Zuckerberg told the Financial Times the U.S. government should not block Chinese models to gain an edge in the AI race, and warned against "regulatory capture" by American frontier labs that could stifle domestic competition. In an interview... Read More.

Oreo maker Mondelez beats second-quarter estimates on steady demand

Tuesday, July 28 by SRN News

July 28 (Reuters) - Cadbury parent Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, helped by steady demand for biscuits and chocolates in key markets, as well as higher pricing. Its shares rose nearly 2% in extended trading, after the... Read More.

American Airlines resumes flights after IT issue forced brief nationwide halt

Tuesday, July 28 by SRN News

By David Shepardson WASHINGTON, July 28 (Reuters) - American Airlines and its regional carriers resumed flights on Tuesday evening after a brief nationwide halt to departures over an IT issue, the airline said. The Federal Aviation Administration issued a ground stop for American Airlines flights due... Read More.

Former Golden Globes owners sue Penske Media alleging fraud in acquisition of awards show

Tuesday, July 28 by SRN News

LOS ANGELES (AP) - Members of the Hollywood Foreign Press, which founded and for decades owned the Golden Globe Awards, have sued Penske Media Corporation and others, alleging they engaged in fraud to acquire the valuable awards show in an attempt to create an... Read More.

CBS’ ’60 minutes’ announces new slate of correspondents for upcoming 59th season

Tuesday, July 28 by SRN News

NEW YORK (AP) - Two months after a major shakeup, CBS's "60 Minutes" has hired a lineup of new correspondents and contributors in time for its 59th season, including Ross Douthat, a conservative opinion columnist at The New York Times, and Norah O'Donnell, former... Read More.

5 states offer to accept nuclear waste in exchange for help developing nuclear energy

Tuesday, July 28 by SRN News

WASHINGTON (AP) - Five states have agreed to accept nuclear waste from around the country in exchange for federal help developing nuclear energy to create thousands of jobs. The states - Tennessee, Louisiana, Oklahoma, Utah and Idaho - all have Republican governors who say they... Read More.

New York school pauses plan to deploy humanlike AI robot teacher after backlash

Tuesday, July 28 by SRN News

NEW YORK (AP) - A school district in a rural corner of upstate New York is hitting pause on plans to deploy an AI-powered, humanoid robot in the classroom after state education officials, teachers and local residents raised concerns, including the maker's ties to... Read More.

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India’s capital part of aggressive electric vehicle targets in bid to curb air pollution

Asian stock rout deepens on AI worries ahead of tech earnings

Meta’s Zuckerberg says US should not block Chinese AI models, FT reports

Oreo maker Mondelez beats second-quarter estimates on steady demand

American Airlines resumes flights after IT issue forced brief nationwide halt

Former Golden Globes owners sue Penske Media alleging fraud in acquisition of awards show

CBS’ ’60 minutes’ announces new slate of correspondents for upcoming 59th season

5 states offer to accept nuclear waste in exchange for help developing nuclear energy

New York school pauses plan to deploy humanlike AI robot teacher after backlash

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