Tag: Business

FTC orders 8 companies to provide information on 'surveillance pricing' practices

NEW YORK -- The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use...

Google's corporate parent still prospering amid shift injecting more AI technology in search

SAN FRANCISCO -- Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine...

Visa's fiscal third-quarter profits rise 9% as payments become increasingly digital

NEW YORK -- Payment processing giant Visa Inc. said Tuesday that its fiscal third-quarter profits rose 9% on an adjusted basis, as it...

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

DETROIT -- Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price...

US banks to begin reporting Russian assets for eventual forfeiture under new law

The Treasury Department is ordering the nation’s banking industry to start disclosing its holdings of Russian assets, with the goal of eventually seizing...

Rushed railcar inspections and 'stagnated' safety record reinforce concerns after fiery Ohio crash

Major freight railroads are rushing railcar inspections, reinforcing known safety concerns raised by unions for years, but at a House hearing Tuesday they'll...