Business

• Pilots flying tourists over national parks face new rules. None are stricter than at Mount Rushmore

  4-12-2023 Business Washington Times - Business 29

  Fewer planes and helicopters will be flying tourists over Mount Rushmore and other national monuments and parks as new regulations take effect that...

• Europe's world-leading artificial intelligence rules are facing a do-or-die moment

  4-12-2023 Business Washington Times - Business 24

  Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final...

• OxyContin maker bankruptcy deal goes before the Supreme Court on Monday, with billions at stake

  4-12-2023 Business Washington Times - Business 20

  The Supreme Court is hearing arguments over a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler...

• Economists predict U.S. inflation will keep cooling, economy can avoid recession

  4-12-2023 Business Washington Times - Business 25

  Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of...

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• Google delays launch of conversational AI bot ‘Gemini’ to January: report

  4-12-2023 Business NY Post - Business 15

  Google had planned to roll out Gemini at a series of debut events slated to take place later this month in New York, Washington DC and California.

• Price of gold surges to all-time high on the back of falling US dollar

  4-12-2023 Business NY Post - Business 23

  The price of gold struck an all-time high on Monday, surging as much as 3% to trade at $2,135 per troy ounce as the US dollar fell. Though gold...

• Bitcoin climbs above $42K for the first time in 18 months as crypto rally heats up

  4-12-2023 Business NY Post - Business 21

  Bitcoin breached $42,000 on Monday morning — a level the volatile cryptocurrency hasn’t seen since April 2022. Bitcoin peaked at $42,108.59 as of...

• Spotify to lay off 17% of its workforce in third round of job cuts this year

  4-12-2023 Business NY Post - Business 25

  Spotify is laying off 17% of its workforce of roughly 9,000, its CEO Daniel Ek said Monday, marking the third round of job cuts at the music...

• Subway forcing franchises to sell discounted sandwiches as FTC probes $10B sale of fast-food giant: sources

  4-12-2023 Business NY Post - Business 27

  Subway will force its franchisees to sell discounted sandwiches despite many struggling to survive — and the new mandate could give added...

• Commerce secretary says more money needed to block AI chip exports to China

  4-12-2023 Business Washington Times - Business 25

  The U.S. government must dramatically increase funding aimed at blocking sensitive artificial intelligence microchip tech exports to China,...

• Alaska Air Group to buy Hawaiian Airlines in a $1.9 billion deal with debt

  4-12-2023 Business Washington Times - Business 21

  Alaska Air Group said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt.

• Casino workers with MGM Grand Detroit ratify deal, ending 47-day strike

  4-12-2023 Business Washington Times - Business 28

  Casino workers for MGM Grand Detroit have voted to ratify a new contract, ending a 47-day strike.