Business

<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==" alt=" Photographer: Chesnot/Getty Images ” loading=”eager” height=”640″ width=”960″ class=”yf-1gfnohs loader”> Photographer: Chesnot/Getty Images (Bloomberg) — Wall Street is gearing up to lend massive amounts of money to the biggest players in artificial intelligence — and simultaneously trying to figure out how to protect itself from any bubble that its financing may be helping…

The National Highway Traffic Safety Administration has asked Waymo for more information about its self-driving system and operations following reports from the Austin School District that its robotaxis illegally passed school buses 19 times this year. In a December 3 letter sent to Waymo, regulators requested detailed information about its fifth-generation self-driving system and operations….

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Thursday released details of a backdoor named BRICKSTORM that has been put to use by state-sponsored threat actors from the People’s Republic of China (PRC) to maintain long-term persistence on compromised systems. “BRICKSTORM is a sophisticated backdoor for VMware vSphere and Windows environments,” the agency said….

ROMULUS, Mich. – Detroit Metro Airport has issued a statement about the ground stop affecting Delta Air Lines flights on Friday morning. UPDATE: Ground delay lifted, no active alerts at DTW Recommended Videos A computer issue caused the ground stop, which was changed to a “ground delay” around 9 a.m. Friday, according to the Federal…

22 hours ago Liv McMahonTechnology reporter Getty Images The EU has fined Elon Musk’s social media platform X €120m (£105m) over its blue tick badges – prompting an angry reaction from the US. The European Commission said by allowing people to pay for a blue verified check mark on their profile, the platform “deceives users”…

For Immediate Release: December 04, 2025 The U.S. Food and Drug Administration today approved a new indication for Breyanzi (Lisocabtagene maraleucel) as the first Chimeric Antigen Receptor (CAR) T-cell therapy in the U.S. for treatment of adults with marginal zone lymphoma (MZL) who have failed treatment with or relapsed after two or more prior lines…

Presentation by Simon Humphries, Operating Officer, Chief Branding Officer Good morning, everyone. Thank you for taking the time and trouble of coming all this way to the Toyota Higashi-Fuji Plant here in Eastern Japan.Now, originally, this was a press shop. And as some of you may know, it was the factory where Shoichiro Toyoda and…

NEW DELHI (AP) — India’s aviation watchdog temporarily rolled back restrictions on airline crew duty hours, days after the previous order disrupted operations at major Indian airports as the country’s biggest airline, IndiGo, scrambled to restore normal services. The new regulations mandated longer rest periods and limited night flying hours for crew and pilots to…

The Cloudflare logo appears on a smartphone screen and on the background on computer screen Internal server error in this photo illustration on November 18, 2025 in Lviv, Ukraine. Global Images Ukraine | Global Images Ukraine | Getty Images U.S. internet infrastructure company Cloudflare said on Friday it had issued a fix for an issue…

X was found in breach of transparency obligations it faces as a very large online platform under the EU’s Digital Services Act. The Commission said the design of X’s blue checkmark is “deceptive,” after it was changed from user verification into a paid feature.  The EU’s executive also said X’s advertising library lacks transparency and…

The U.S. Food and Drug Administration is warning people to stop using certain types of glucose monitor sensors after the company that makes them, Abbott Diabetes Care, said the devices were linked to seven deaths and more than 700 injuries. Certain FreeStyle Libre 3 and FreeStyle Libre 3 Plus sensors may provide incorrect low glucose…

Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 21, 2025 in New York City. Spencer Platt | Getty Images The S&P 500 edged higher on Friday, securing its fourth straight winning day, as traders digested inflation data that could provide further incentive for the Federal Reserve to lower interest…

The GR GT, GR GT3, and Lexus LFA Concept were born from the conviction of Toyota Motor Corporation (TMC) Chairman Akio Toyoda, aka Master Driver Morizo, that certain car-making skills must be preserved and passed on to the next generation. Together, the three models symbolize “Toyota’s Shikinen Sengu”. Shikinen Sengu is a traditional Japanese shrine…

The Directors Guild of America says it plans to meet with Netflix to discuss “concerns” regarding the streamer’s potential acquisition of Warner Bros. Discovery. After news broke Thursday night that Netflix had won the bidding war for the legacy media company and the two would be entering exclusive talks to secure a deal, a guild…

Analysts may not have necessarily digested this week’s lackluster labor data with glee—but it sure didn’t dampen their spirits either. Wall Street is hoping for a Christmas miracle with a final interest rate cut from the Fed, bringing the base rate down to 3.5% to 3.75%, and recent jobs reports may just have sealed the…

TOI Correspondent from Washington: In a move that deepens the environmental divide between the United States and much of the world—particularly fast-growing green economies such as China and India—US President Donald Trump on Wednesday announced a sweeping rollback of American fuel-economy standards. The decision, experts say, effectively shifts a significant portion of the global decarbonisation…

Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know

The Chicago Tribune filed a lawsuit against AI search engine Perplexity on Thursday alleging copyright infringement. The suit, seen by TechCrunch, was filed in a federal court in New York. The Tribune alleges that its lawyers contacted Perplexity in mid-October asking if the AI search engine was using its content, according to the complaint. Perplexity’s…

Amazon Web Services’ annual tech conference AWS re:Invent has wrapped. And the singular message, amid a deluge of product news and keynotes, was AI for the enterprise. This year it was all about upgrades that give customers greater control to customize AI agents, including one that AWS claims can learn from you and then work…

The GR GT and GR GT3 are flagship models that embody TGR’s philosophy of building ever-better motorsports-bred cars. Their development—starting with the vehicle concept formulation stage—was advanced under a one-team approach centered on TMC Chairman Akio Toyoda, aka Master Driver Morizo, in which professional drivers Tatsuya Kataoka, Hiroaki Ishiura, and Naoya Gamou, gentleman driver Daisuke…

Netflix has submitted the highest bid to date for Warner Bros. Discovery’s studio and streaming assets, according to people familiar with the secretive bidding process. Netflix’s most recent offer, submitted on Thursday, valued the Warner Bros. studio, HBO Max streaming service and related parts of the company at around $28 per share, sources said. Paramount…

Jensen Huang’s “I made it” moment never translated to long weekends and a step back from day-to-day operations. Despite Nvidia becoming the world’s most valuable company, its CEO Huang just admitted he still operates on a mix of fear, anxiety, and even going bankrupt.  “You know the phrase ’30 days from going out of business,’…

A reader asks: Do you think we’ll finally see housing prices fall in 2026? Redfin says there are way more sellers than buyers and people with 3% mortgages can only hold on for so long. I know prices don’t fall very often but it seems like a softening labor market mixed with sky-high prices could…

Apple’s executive shake-up continues. Days after announcing AI chief John Giannandrea’s departure, and the loss of design exec Alan Dye to Meta, the iPhone maker shared the news of two more exec retirements. Kate Adams, who has served as Apple’s general counsel since 2017, will retire late next year, while Lisa Jackson, Apple’s vice president…

The Biden administration withheld data from the public on the risks of myocarditis from the Covid vaccine, Food and Drug Administration Commissioner Marty Makary claimed Thursday — a bold accusation that clashes with years of public statements from federal health officials. “We have done more to study myocarditis and to go back and look at…

A consortium of top industry players have sent an open letter full of alarm to Congress, describing a potential economic and institutional meltdown in Hollywood if Netflix succeeds in its effort to acquire Warner Bros. Discovery. The letter was sent via email to members of Congress from both parties on Thursday, from an anonymous collective identifying…

Employers have cut more than 1.1 million jobs through November, the most since 2020, when companies laid off 2.2 million workers as the pandemic was slamming the U.S. economy, according to a new report from outplacement firm Challenger, Gray & Christmas.  The layoffs represent a 54% increase from the same period a year earlier, when…

The Food and Drug Administration issued an alert about a “potentially high-risk issue” regarding malfunctioning Abbott glucose sensors that have been linked to more than 700 serious injuries and 7 deaths, with patients advised to “immediately” discontinue using the products. The alert, dated Dec. 2, says Abbott Diabetes Care issued a letter to distributors, health…

Damian Garde is a reporter at large, live and feature journalism, covering the global drug industry and contributing to STAT’s industry-leading events. NEW YORK — Vinay Prasad, the Food and Drug Administration’s top vaccines regulator, blamed “misleading media narratives” for the escalating criticism of his leadership amid turmoil and plummeting morale at the agency. Prasad’s…

Paramount is plenty peeved about the way Warner Bros Discovery is conducting a possible sale and it wants everyone to know it won’t go quietly if either Netflix or Comcast are the winning bidder.  The David Ellison company is pushing the regulatory angle hard, insisting it’s the only suitor with “a clear path to closing…

Photographer: Hollie Adams/Bloomberg (Bloomberg) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc. Executives are considering potential budget cuts as high as 30% for the metaverse group next…

Updated Dec. 4, 2025, 2:59 p.m. ET Detroit Three automakers again struggled compared to their Asian competition in Consumer Reports’ annual brand reliability rankings, though Buick and Ford both notably made up ground on the leaders. Toyota, Subaru, Lexus and Honda took the top four spots in this year’s new car rankings released Thursday, in…

Jensen Huang, Nvidia chief executive, was in Washington on Wednesday and met Donald Trump and Republican senators on the banking committee © Evelyn Hockstein/Reuters Nvidia would be blocked from selling advanced chips to China under a bipartisan bill that US senators introduced on Thursday as part of an effort to make it harder for Beijing…