Two companies will attempt the first US moon landings since the Apollo missions a half-century ago
CAPE CANAVERAL, Fla. — China and India scored moon landings, while Russia, Japan and Israel ended up in the lunar trash heap.
Driverless truck companies plan to ditch human copilots in 2024
Driverless trucks with no humans on board will soon cruise Texas highways if three startup firms have their way, despite objections from critics who say financial pressures, not safety, is behind the timetable.
Average long-term mortgage rates edge higher, snapping 9-week slide
LOS ANGELES — The average long-term U.S. mortgage rate edged higher last week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades.
China sanctions 5 US defense companies in response to US sanctions and arms sales to Taiwan
BEIJING — China announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals.
US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength
WASHINGTON — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
Social media companies made $11 billion in US ad revenue from minors, Harvard study finds
Social media companies collectively made over $11 billion in U.S. advertising revenue from minors last year, according to a study from the Harvard T.H. Chan School of Public Health published on Wednesday.
Love it or hate it, self-checkout is here to stay. But it’s going through a reckoning
NEW YORK — The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Embezzlement of Oregon weekly newspaper’s funds forces it to lay off entire staff and halt print
PORTLAND, Ore. — An Oregon weekly newspaper has had to lay off its entire staff and halt print after 40 years because its funds were embezzled by a former employee, its editor said, in a devastating blow to a publication that serves as an important source of information in a community that, like many others nationwide, is struggling with growing gaps in local news coverage.
US companies are picky about investing in China. The exceptions? Burgers and lattes
WASHINGTON — There’s been no shortage of tough news for China’s economy as some of the world’s biggest brands consider or take action to shift manufacturing to friendlier shores at a time of unease about security controls, protectionism and wobbly relations between Beijing and Washington.
TEPCO’s operational ban is lifted, putting it one step closer to restarting reactors in Niigata
TOKYO — Japanese nuclear safety regulators lifted an operational ban Wednesday imposed on a nuclear plant owned by Tokyo Electric Power Company Holdings, the operator behind the Fukushima plant that ended in disaster, allowing the company to resume preparations for restarting the Kashiwazaki-Kariwa plant after more than 10 years.
Whisky wooing young Chinese away from ‘baijiu’ as top distillers target a growing market
BEIJING (AP) — A distillery in southwestern China is aiming to tap a growing taste among young Chinese for whisky in place of the traditional “baijiu” liquor used to toast festive occasions.
Americans ramped up spending during the holidays despite some financial anxiety and higher costs
NEW YORK — Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to the latest measure.
As climate warms, that perfect Christmas tree may depend on growers’ ability to adapt
CHICAGO — Christmas tree breeder Jim Rockis knows what it looks like when one dies long before it can reach a buyer.
From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
The tide turned against inflation.
Retailers are improving their delivery speeds, meaning good news for late holiday shoppers
NEW YORK — Haven’t ordered any of your holiday gifts yet?
Apple to halt sales of its newest watches in US over patent dispute
If two of the latest Apple Watches are on your holiday shopping list, don’t dawdle for much longer because the devices won’t be available to buy in the U.S. later this week if the White House doesn’t intervene in an international patent dispute.
Look inside the UAW’s work to organize transplants, EV autoworkers
After learning in 2020 that he and his fellow Honda Motor Co. Ltd. workers wouldn’t receive a summer bonus because of pandemic-induced plant shutdowns, Joab Scott launched the “Honda Associates United!” group on Facebook to discuss with coworkers the possibility of organizing his workplace in Marysville, Ohio.
Diablo Canyon, the last remaining nuclear power plant in California, gets a lifeline
The California Public Utilities Commission approved a plan Thursday to keep the Diablo Canyon Power Plant near San Luis Obispo open for at least six more years.
Southwest Airlines wins love from plus-size passengers for free extra-seat policy
Advocates for overweight passengers are praising Dallas-based Southwest Airlines for its accessible policies for more room on aircraft.
Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession
WASHINGTON — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep recession that many economists had predicted would accompany it.