Business

Apple fans eager to get their hands on the latest iPhone crowded stores worldwide on Friday.The 18 Pro and Pro Max lineup, unveiled last week at Apple's annual event alongside its foldable phone Duo, features a reimagined camera with a DSLR-like aperture, improving performance in low-light environments and offering enhanced depth of field.Apple also announced that the new line of iPhone 18s will be able to detect AI-generated photos by […]

California Gov. Gavin Newsom, a likely 2028 presidential contender, signed an executive order Friday calling on the federal government to take a more active role in regulating artificial intelligence.He said in a statement that the Trump administration has abdicated "its responsibility to protect Americans," as AI becomes more advanced and capable by the month.Newsom's order recommends more stringent oversight on companies developing AI, while requiring those same firms to develop […]

Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday."Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted," Buffett, who was named chairman emeritus, said in a letter to shareholders. "Father Time always wins. He has, however, been generous with me. He has given me the opportunity to see Berkshire reach a […]

Toys R Us is launching its biggest U.S. expansion in years, with 120 new standalone stores set to open in time for the holiday shopping season.The retailer announced Thursday that it will open the new standalone stores across the U.S. this holiday season through a partnership with Go! Retail Group, bringing its total number of standalone U.S. stores to 160.The rollout marks a major step in the brand’s yearslong effort […]

Americans celebrating National Cheeseburger Day Friday can score free and discounted burgers at major restaurant chains, including McDonald's, Burger King, Wendy's, Five Guys and others.Most of the deals are available through restaurant loyalty programs or mobile apps, and several require a minimum purchase.Members of the MyMcDonald's Rewards program can get a free Double Cheeseburger on Friday with a minimum $1 purchase through the McDonald's app.55-YEAR-OLD RESTAURANT CHAIN ABRUPTLY SHUTTERS LOCATIONS […]

Executives from American Airlines, United Airlines and Southwest Airlines said Wednesday that higher jet fuel prices are prompting carriers to adjust capacity and closely monitor flight schedules.The global average jet fuel price rose 6.1% week over week to $181.46 per barrel last week, according to the International Air Transport Association (IATA).Speaking at Morgan Stanley's 14th Annual Laguna Conference, American Airlines Chief Financial Officer Devon May said fourth-quarter jet fuel prices […]

Nvidia CEO Jensen Huang delivered a dual message of caution and explosive financial optimism at a recent Scottish summit convened by King Charles, urging the artificial intelligence industry to prioritize "good old-fashioned engineering" while forecasting that his company's chip sales will double next year.While addressing mounting public anxiety over AI risks alongside leaders from Google DeepMind, OpenAI and Anthropic, Huang made it clear that despite safety hurdles, the global AI […]

President Donald Trump on Wednesday dismissed the prospect of Canada becoming an associate member of the European Union as "laughable," warning that the U.S. could impose heavy tariffs on Europe if he believed such a move was made with "bad intention."Trump was asked by reporters about the prospect of Canada becoming the EU's first "associate member.""I think it's laughable," Trump responded. "If they do that, if I think it's at […]

Walmart is rolling out a weeklong fall sales event that will overlap with Amazon's Prime Big Deal Days, giving consumers two major discount events during the early holiday shopping season.The retailer's Deals & More event begins at 12 a.m. ET Oct. 5 and runs through Oct. 11, offering shoppers seven days of discounts across categories including home, tech, toys and Halloween items.Amazon's "Prime Big Deal Days" are scheduled for Oct. […]