business news

New AI deepfake porn bill would require Big Tech to police and remove images

WASHINGTON — Lawmakers on Capitol Hill are scrambling to address the boom in deepfake artificial intelligence pornographic images, which have…

GameStop closes more than 12% lower after annual meeting fails to offer details on firm’s strategy

GameStop shares slid on Monday after the company’s highly anticipated annual meeting failed to offer any concrete updates on the…

New Jersey Democratic kingmaker George Norcross indicted on racketeering charges

George Norcross, who for decades had been a Democratic political kingmaker in New Jersey, was charged with racketeering in an…

Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%

Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in…

How immigrants are helping keep job growth hot while inflation cools

Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…

Israel warns of ‘devastating consequences’ as spike in fire with Lebanon risks wider conflict

A senior U.S. adviser will travel to Israel in a bid to cool rising tensions at the Lebanon border, where…

Iran’s upcoming snap elections: A battle of anti-western hardliners

Iran is holding snap elections on June 28 following the sudden death of former Iranian President Ibrahim Raisi in a…