Artificial intelligence will no doubt change much about our world in the long run. But for now, we may be living through an AI bubble. Those seeking evidence of this might cite news of Cognition Labs seeking a $2 billion…
Many tech companies are rapidly developing infrastructure for artificial intelligence as they compete for dominance in this red-hot market. AI is very power-intensive — and its power needs are only set to rise in the coming years. But that also…
Nippon Steel Corp.’s new chief has pledged to press on with the $14.1 billion acquisition of United States Steel Corp., a deal that he says is vital to making the American company more competitive. Nippon Steel isn’t considering alternative options and…
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying that…
Kia is recalling more than 427,000 of its Telluride SUVs due to a defect that may cause the cars to roll away while they’re parked. According to documents published by the National Highway Traffic Safety Administration, the intermediate shaft and…
2020 Kia Telluride SUV Mack Hogan | CNBC Kia is recalling more than 427,000 of its Telluride SUVs due to a defect that may cause the cars to roll away while they’re parked. According to documents published by the National Highway…
In recent years, the state of Georgia has worked toward becoming an electric-vehicle production hub. Now, with EV sales growth falling short of expectations, that plan has a few new wrinkles. Consider Kia parent Hyundai, which is building a multibillion-dollar…
The Powerball jackpot climbed to an estimated $975 million after no one matched the six numbers drawn Saturday night, continuing a nearly three-month stretch without a big winner. The winning numbers drawn were: 12, 13, 33, 50, 52 and the red Powerball 23. No one has won…
Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to raise prices in…
Israeli Prime Minister Benjamin Netanyahu addresses the Conference of Presidents of Major American Jewish Organizations, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Jerusalem, February 18, 2024. Ronen Zvulun | Reuters Prime Minister Benjamin Netanyahu’s…