Business News

A sports car with a naturally aspirated V12 engine and a manual transmission? It's every enthusiast's dream.Buying one, however, requires deep pockets. The S1, Gordon Murray's latest supercar creation, reportedly costs at least seven figures. All 64 units were sold even before collectors, industry insiders and admirers of Murray got a sneak peek at the S1 in August.Murray himself has described the 681-horsepower car as "more elegant, more refined" but […]

Allan McNish knows a thing or two about winning.The 56-year-old has been called one of "motorsports' most accomplished figures." His lengthy racing resume includes victories Le Mans (three-time winner), Sebring 12 Hours, Petit Le Mans and 6 Hours of Silverstone.McNish now has a new challenge ahead of him -- getting the Audi Revolut Formula 1 team into championship shape by 2030. The Scot was named racing director in April, a […]

OpenAI on Friday revealed another hack into a second Australian government agency, a week after the disclosure of an initial hack fueled public backlash against the ChatGPT-maker.An AI model gained access to fire statistics kept by a state agency in New South Wales (NSW) that were not publicly available from the department, OpenAI said in a statement to ABC News on Friday.The company discovered the incident as part of a […]

A jobs report on Friday will provide a key gauge of economic health as the United States weathers a surge of inflation set off by the Iran war seven months ago.The fresh data is set to arrive weeks after the Federal Reserve imposed its first interest rate hike in three years. The move aims to dial back price increases, but it risks an eventual slowdown in hiring as borrowing costs […]

The Dow Jones Industrial Average closed down more than 1,800 points on Thursday, wiping out all of the rally from a day earlier when midterm election results propelled the index to its best trading session in more than a year.The S&P 500 finished trading down 4.3%, while the tech-heavy Nasdaq fell 5.5%, putting the index into correction territory, meaning it has fallen more than 10% from a previous peak last […]

(NEW YORK) -- A nonprofit artificial intelligence safety group has sued OpenAI over a July incident in which the company’s autonomous AI agents accessed the computer systems of another firm, Hugging Face, without authorization during a cybersecurity test.Legal Advocates for Safe Science & Technology (LASST) filed the lawsuit late Tuesday in San Francisco Superior Court, alleging roughly 700 of the company's AI agents participated in the breach.The AI agents stole […]

Millions of voters across the United States Tuesday are weighing in on state ballot initiatives concerning issues as disparate as reproductive rights and voter access.The ballot initiative that has garnered the most attention may be California’s Proposition 40, a billionaire tax.If the proposition passes, the state would levy a one-time, 5% tax on the wealth of California taxpayers and trusts with assets valued over $1 billion. The revenue would be […]

Drivers continue to weather high gas prices as affordability remains a top concern for voters.The national average price of a gallon of gas stands at $4.14, marking an increase of $1.16, or 38%, since the outbreak of the Iran war in February, AAA data showed.Prices vary across the country, however, meaning fuel costs differ in the key states expected to determine control of Congress.Excluding Senate races classified as solidly red […]

(WASHINGTON) A United States ban of hundreds of millions of dollars worth of Canadian products took effect on Tuesday, escalating a trade war between the longtime allies and pinching imports from one of the top U.S. trade partners.The ban applies to an array of products spanning from alcohol to motorcycles to dairy goods, White House documents show.In all, the affected products account for $967 million worth of annual imports from […]