Cars, trucks, SUVs, and other vehicles drive in traffic on the 405 freeway through the Sepulveda Pass in Los Angeles, California, on August 25, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT — The average age of passenger vehicles on U.S. roadways climbed to a record this year, […]
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Vice Media files for bankruptcy to enable sale to lenders including Soros and Fortress
Vice Media offices display the Vice logo in Venice, California. Mario Tama | Getty Images Once a digital media darling, Vice Media Group on Monday filed for bankruptcy protection after years of financial troubles. A consortium of Vice’s lenders which includes Fortress Investment, Soros Fund Management and Monroe Capital is […]
Turkey faces unprecedented election runoff after Erdogan looks unlikely to win outright
Supporters of Turkish President Tayyip Erdogan attend a rally ahead of the May 14 presidential and parliamentary elections, in Istanbul, Turkey, on May 12, 2023. Dilara Senkaya | Reuters Turkey’s presidential election could be headed for an unprecedented runoff, as neither 20-year incumbent Recep Tayyip Erdogan nor challenger Kemal Kilicdaroglu […]
Amazon is focusing on using A.I. to get stuff delivered to you faster
Amazon is increasingly using robotics in its fulfilment centers to carry out repetitive tasks such as lifting heavy packages. Nathan Stirk | Getty Images News | Getty Images Amazon is focusing on using artificial intelligence to speed up deliveries — by minimizing the distance between its products and customers, a […]
Europe takes aim at ChatGPT with what might soon be the West’s first A.I. law. Here’s what it means
Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty Images A key committee of lawmakers in the European Parliament have approved a first-of-its-kind artificial intelligence regulation — making it […]
In Chinatowns across the U.S., tradition and history collide with luxury development
Just a few hundred people of Chinese heritage still live in Washington, D.C.’s Chinatown. Many have been pushed out to cheaper and safer areas. Noah Sheidlower | CNBC Penny and Jack Lee, now married, grew up in the 1960s and 1970s among the thousands of people of Chinese heritage who […]
Fanatics to buy PointsBet’s U.S. assets for about $150 million
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images) Justin Berl | Getty Images Fanatics has agreed to acquire the U.S. operations of PointsBet, marking […]
No, you can’t ride a lion on safari — why more companies are telling travelers ‘no’ these days
“No.” It’s one of the dirtiest words in hospitality — and travelers may be hearing it more these days. The travel agency Discover Africa had to say it when potential clients asked if their young son could ride a lion while on safari. “When we said no to riding a […]
Fanatics to buy PointsBet’s U.S. assets for about $150 million, sources say
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images) Justin Berl | Getty Images Fanatics has agreed to acquire the U.S. operations of PointsBet, marking […]
China doesn’t really care who wins the war in Ukraine — it just wants to win the peace, analysts say
Russian President Vladimir Putin and Chinese President Xi Jinping leave after a reception in honor of the Chinese leader’s visit to Moscow, at the Kremlin, on March 21, 2023. Grigory Sysoev | Sputnik | via Reuters China has been eager to position itself as a peace broker to end the […]