Boeing is selling three subsidiaries to Archer Aviation, a California-based company working on so-called flying taxis, drones and artificial intelligence, according to a joint news release from both companies Monday.

The aerospace giant is selling Wisk, its autonomous flying taxi subsidiary based in California, as well as Washington-based ...Read more

The California air taxi startup Archer Aviation is set to acquire Boeing's Wisk Aero in an agreement that would allow the companies to collaborate and share technology.

Boeing launched Wisk in 2019 with the intent to build fully autonomous air taxis for short trips. Archer got its start one year earlier, aiming to bring piloted air taxis to the...Read more

The Securities and Exchange Commission has made it easier for data center owners to sell asset-backed securities, potentially opening the door for more debt sales as tech firms scour Wall Street for ways to pay for artificial intelligence.

The SEC said a major subset of data-center securitizations don’t need to have disclosures and investor ...Read more

Meta Platforms Inc. introduced a new, downloadable AI model that can run on a personal computer, adding fuel to a U.S. debate over whether the increasingly powerful technology should be freely available or kept under tighter control.

Users be will be able to download and customize the new Muse Glimmer, a distilled version of the company’s ...Read more

Karla Perez and her husband are supporters of President Donald Trump, so when they learned this summer about new investment accounts his administration designed for children, they quickly signed up their one-year-old son.

“What we hope is that when he’s 18 and he can access it, that he has money to set up his future, whatever he wants to do...Read more

Former United Auto Workers presidents Ray Curry, Rory Gamble and Ron Gettelfinger on Monday publicly threw their support behind several candidates challenging current President Shawn Fain and his leadership slate in the Detroit union's upcoming election.

The three former presidents issued a statement endorsing Tricia Geiger for president, ...Read more

Travelers at Fort Lauderdale-Hollywood International Airport may not have known his name, but they relied on his work. Few things at airports irritate customers like filthy toilets or water on the restroom floor.

His work could be tough and thankless, but he always showed up and gave 100%.

For over 19 years, this 70-year-old, native of Port-au...Read more

LOS ANGELES — Spectrum owner Charter Communications is nearing the finish line in its long-awaited $34.5 billion purchase of Cox Communications to form the nation's largest internet and cable television company.

California's Public Utilities Commission is scheduled to vote next week to approve the merger that would bolster Southern California...Read more

Raising the stakes on the standoff with the city over the advent of video gambling terminals, Bally’s Chicago is pausing construction on nearly all non-gaming amenities at its $1.7 billion casino complex going up in River West.

The reset notice, issued Saturday to the Chicago Community Builders Collective, a general contracting partnership ...Read more

It’s a good time to be a middle-class American. And yet it’s never felt worse.

By many traditional measures, the economy is strong. Unemployment remains near historic lows, and middle-income Americans are making more than they were 50 years ago.

Yet millions of Americans who have followed what was long considered the formula for a middle-...Read more

The Commodity Futures Trading Commission told prediction markets to avoid using American-style gambling odds as the US regulator fends off legal challenges alleging the platforms are illicit sports betting operations.

The agency sent a warning to CFTC-regulated entities reminding firms they need to comply with U.S. laws governing derivative ...Read more

President Donald Trump’s latest move to shun foreign solar power equipment is part of his effort to rebuild U.S. manufacturing clout. It may simultaneously exacerbate the fast-widening green technology split between the U.S. and the rest of the world.

Trump announced a plan to impose tariffs and minimum prices on imported polysilicon used in ...Read more

In another major blow to Meta, a New Mexico judge ordered the social media giant to pay $567 million and take actions to make its platform safer for young people.

The latest penalty is in addition to the $375 million that a New Mexico jury ordered Meta to pay after finding that the company violated state consumer protection laws for enabling ...Read more

A new program to provide incentives for people who are buying their first electric vehicle in California is up and running, Gov. Gavin Newsom announced Friday.

The program, approved by lawmakers in Sacramento last month, is aimed at offsetting the loss of federal EV incentives that were eliminated last year by President Trump and Republicans in...Read more

QVC Group Inc. has replaced chief executive David Rawlinson, bringing back predecessor Mike George as interim boss as the West Chester-based remote-shopping pioneer comes out of bankruptcy and charts a future.

The company also has named new directors with long retail and digital experience, replacing those who oversaw the company under ...Read more

Meta wants its smart glasses to be a big hit, but the high-tech specs have also turned into a liability, as some are calling the gadget "pervert glasses."

The social media giant dominates the market for smart glasses, which allow people to capture photos and videos, listen to music, take phone calls and ask questions to an artificial ...Read more

In 2026, the BMW XM is the flagship SUV for consumers in the German market and the XM rises over the competition with grit, power and style.

Powered by a 4.4-liter twin-turbo 32-valve and integrated electric motor, this all-wheel drive hybrid is amazing, to say the least.

Offering 30 miles of pure electric range, the BMW XM boasts 577 ...Read more

U.S. employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor market is weaker than previously thought after surprising strength earlier this year.

Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor ...Read more

A federal judge blasted KTLA-TV Channel 5's owner, the Texas-based Nexstar Media Group, on Thursday for violating a court order and for failing to disclose key information.

U.S. District Judge Troy L. Nunley found that Nexstar's actions violated terms of an April preliminary injunction that was designed to prevent the media company from moving ...Read more