NEW YORK (AP) — Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp. and Fox Corp., saying the merger isn’t coming at the right time for shareholders. In similar statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan. “Mr. Murdoch indicated that he […]

(AP)- Boeing said Wednesday it lost $663 million in the fourth quarter as rising production costs and supply-chain problems offset rising revenue. It was another disappointing quarter for the aerospace giant, which has yet to recover from fatal crashes involving two of its 737 Max jets and a pandemic that depressed airline demand for new […]

NEW YORK (AP) — Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets. In a span of less than 12 months, nearly all of the biggest of those companies have failed […]

(AP) – Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can write readable text and generate new images. The tech giant on Monday described its new agreement as the third stage of a growing partnership with San Francisco-based OpenAI that […]

DETROIT (AP) — The U.S. government’s road safety agency has closed a more than six-year investigation into exhaust odors in Ford Explorer passenger cabins, determining that the SUVs don’t have high levels of carbon monoxide and don’t need to be recalled. The National Highway Traffic Safety Administration says it reviewed more than 6,500 consumer complaints, […]

(AP) – Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. In a blog post on Wednesday, the company said the program, called AmazonSmile, will shut down by February 20 because it had “not grown to create the impact” the retailer had hoped. The program allowed Amazon […]

NEW YORK (VINnews) – Top-Freezer Refrigerators Will Now be Certified with Built-in Enhanced Shabbos Mode through Collaboration between Kosher Certifying Agencies and Zman Technologies. In February 2023 GE Appliances (GEA) will begin production of a new line of OU Kosher/CRC Hisachdus-certified top-freezer refrigerators with manually operated, built-in Enhanced Shabbos Mode (EHM). These new appliances will […]

JERUSALEM (JNS) – While U.S. tech giant Intel is canceling the construction of a new development center in Haifa, another U.S. titan, Apple, plans to open a new facility in the same industrial zone in the near future. The Matam East #1 development, which will house Apple’s new development center, obtained an occupancy certificate last […]

(AP) – Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself. Apple Inc. said in a regulatory filing late Thursday that Cook’s target total compensation is $49 million for […]

WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in 15 weeks as the job market continues to show resiliency in the face of attempts by the Federal Reserve to cool the economy. The number of Americans applying for jobless aid for the week ending Jan. 7 fell by 1,000 to […]