Category: Business

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As EV Sales Pick up Pace, Electric Commercial Fleets Lag

Passenger cars dominate the electric vehicle market, but light delivery trucks could benefit from the cost savings and range E.V.s offer.  » mehr lesen

Former SVB CEO Tells Senate He Is ‘Truly Sorry’ for Collapse but Deflects Blame

Senators derided Gregory Becker at a hearing about the reasons for the failure of his bank. “It sounds a lot like ‘my dog ate my homework’,” one said.  » mehr lesen

U.S. Sues to Block Amgen’s $27.8 Billion Takeover of Horizon Therapeutics

The Federal Trade Commission said the deal would enable Amgen to exploit its size to block competition for two expensive Horizon drugs.  » mehr lesen

Strippers and California Club Reach Accord on Union After Long Fight

The club agreed not to block the dancers from affiliating with Actors’ Equity, a move that would be the industry’s first unionization since the 1990s.  » mehr lesen

Tesla Changed a Deadline for Investor Proposals, Angering Activists

Some shareholders saw the automaker’s decision to move up the deadline by two months as a way to suppress criticism during the company’s annual meeting on Tuesday.  » mehr lesen

OpenAI CEO Sam Altman Heads to Congress to Discuss Rules for A.I.

Sam Altman, who leads ChatGPT’s parent company, is expected to call for some regulation of artificial intelligence as Washington weighs its next steps.  » mehr lesen

Wells Fargo to Pay $1 Billion to Settle Lawsuit by Shareholders

A group of shareholders had claimed that the bank misled investors about its progress in cleaning up after a sham accounts scandal a decade ago.  » mehr lesen

Microsoft Says New AI Shows Signs of Human Reasoning

A provocative paper from researchers at Microsoft claims A.I. technology shows the ability to understand the way people do. Critics say those scientists are kidding themselves.  » mehr lesen

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