AP National Business

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — A federal jury has awarded nearly $3.2 million in damages to a Black former worker at a Tesla factory in California that has been at the epicenter of racial discrimination allegations hanging over the automaker run by billionaire Elon Musk. The verdict reached Monday marks

By ZEKE MILLER AP White House Correspondent WASHINGTON (AP) — President Joe Biden said Tuesday it remains to be seen if artificial intelligence is dangerous, but that he believes technology companies must ensure their products are safe before releasing them to the public. Biden met with his council of advisers on science and technology about

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — New IRS Commissioner Danny Werfel delivered a tax-season pledge Tuesday that the agency will use an $80 billion infusion of cash to become faster, more tech-savvy and provide “real-world improvements” to taxpayers. Werfel, as he was ceremonially sworn in on Tuesday, said he would release a Strategic

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The manufacturer of eyedrops recently linked to deaths and injuries lacked measures to assure sterility at its factory in India, according to U.S. health inspectors. Food and Drug Administration officials uncovered about a dozen problems with how Global Pharma Healthcare made and tested its eyedrops during

By BRUCE SCHREINER Associated Press FRANKFORT, Ky. (AP) — In the years it takes Kentucky bourbon to mature in new oak barrels, producers face two certainties: They lose a portion of the aging whiskey to evaporation and pay a tax on the containers. Now they’re going to get relief from one of them. Kentucky’s legislature

CHARLESTON, W.Va. (AP) — A company building a long-delayed natural gas pipeline has lost a key water permit. A federal appeals court ruled that West Virginia didn’t adequately assess the impact of building the Mountain Valley Pipeline across streams and wetlands. The Charleston Gazette-Mail reports the 4th U.S. Circuit Court of Appeals sided with environmental

By TOM KRISHER AP Auto Writer DETROIT (AP) — About 5,000 white-collar workers at General Motors took the company’s buyout offers, which the automaker says is enough to avoid layoffs at this time. GM said Tuesday that the offers will save about $1 billion per year in costs, about half of the $2 billion it

By NICOLE WINFIELD Associated Press ROME (AP) — Italy’s infrastructure minister is seeking to rally international interest in Italy’s latest attempt to build a bridge linking Sicily to the Italian mainland. Matteo Salvini vowed that the 10 billion euro project would create 100,000 jobs, accelerate transportation times and result in the biggest public works project in

By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks are falling on Wall Street Tuesday after two reports on the economy came in weaker than expected. The S&P 500 was 0.5% lower in afternoon trading. The Dow Jones Industrial Average was down by 213 points, or 0.6%, at 33,384,

By KEN SWEET AP Business Writer NEW YORK (AP) — JPMorgan’s Jamie Dimon is telling investors that government and banks should work to adjust industry regulations following the collapse of Silicon Valley Bank and Signature Bank last month. The chairman and CEO said the financial system needs to be adjusted so that one bank’s failure

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — The founder of the student loan assistance startup company Frank that J.P. Morgan Chase acquired for $175 million has been arrested on charges that she duped the financial giant by dramatically inflating the number of customers her company had. Charlie Javice of Miami Beach, Florida, was

By THALIA BEATY Associated Press NEW YORK (AP) — The sons of cosmetics giant Estée Lauder, along with her four grandchildren, pledged $200 million Tuesday to the Alzheimer’s Drug Discovery Foundation. Leonard and Ronald Lauder founded the organization in 1998 in honor of their mother, who had Alzheimer’s as did other members of her family.

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — U.S. job openings slipped to 9.9 million in February, fewest since May 2021  and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve. The Labor Department said that vacancies were down

By JOE McDONALD AP Business Writer BEIJING (AP) — Furious at U.S. efforts that cut off access to technology to make advanced computer chips, China’s leaders appear to be struggling to figure out how to retaliate without hurting their own ambitions in telecoms, artificial intelligence and other industries. President Xi Jinping’s government sees the chips

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are holding relatively steady Tuesday, as Wall Street continues to find more calm following its tumultuous swings in March. The S&P 500 was virtually unchanged in early trading. The Dow Jones Industrial Average was edging down by 44 points, or 0.1%, at 33,556, as

By ELAINE KURTENBACH and MATT OTT AP Business Writers Stocks are opening flat on Wall Street Tuesday as investors brace for the first of three government employment reports coming this week. The S&P 500 and Nasdaq are up 0.1% at the open, and the Dow Jones Industrial Average is unchanged. Data on job openings in

By ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street pointed modestly higher Tuesday ahead of the first of three government employment reports this week which could draw a sharper outline of the U.S. employment situation ahead of the Federal Reserve’s next meeting. Futures for the benchmark S&P 500 rose about 0.3%, while the

By RAF CASERT and MIKE CORDER Associated Press THE HAGUE (AP) — Amsterdam’s Schiphol, one of the top airports in Europe, announced Tuesday it will turn down the noise and limit its pollution in one of the world’s most densely populated areas.  The move immediately received plaudits from environmentalists but not from its biggest customer

By JAMEY KEATEN Associated Press GENEVA (AP) — A Geneva appeals court has upheld the conviction of Israeli diamond magnate Beny Steinmetz for corrupting foreign officials. The case is in connection with lucrative mining rights in the West African country of Guinea. The court did reduce his sentence and throw out a charge of forgery.