For the past three decades, buying a home in Sydney has been the surest bet in Australia. Rising prices have enriched families and made property the engine of household wealth. Now the boom is under threat, and the consequences are rippling across the financial system.

Home values are sliding as borrowing costs rise and buyers react to the ...Read more

A bill that would have allowed California insurers to track motorists' driving habits in exchange for potentially lower rates has come to a dead end.

The Consumer Driving Data Protection Act, proposed by Assemblymember Tina S. McKinnor, D-Hawthorne, failed to make it out of the Legislature this week after stiff opposition from consumer and data...Read more

Big Oil has often employed the “hang around” playbook: secure legal rights to a giant resource — and then, eventually, figure out how to produce it profitably. But few companies have taken it to the extremes of Chevron Corp.

For two decades, Chevron stayed in Venezuela while all its major peers quit after former President Hugo Chavez ...Read more

OAKLAND, California — PG&E said Wednesday it will defer $2 billion in planned spending next year, a move the utility warned could delay electrical connections for new homes, renewable-energy projects, data centers and other development after California lawmakers abandoned an overhaul of wildfire liability rules.

The investor-owned utility ...Read more

Representatives from the world’s largest economies unanimously agreed to adopt guidelines proposed by the U.S. that call for a lighter touch toward governing artificial intelligence and other emerging technologies, handing a win to the Trump administration and Silicon Valley.

The framework was endorsed on Wednesday by all of the Group of 20 ...Read more

The Trump Justice Department has weighed in on a landmark copyright infringement case against OpenAI, siding with the tech behemoth over the Daily News and other news organizations for the sake of “America’s global AI dominance.”

In Manhattan Federal Court papers filed Tuesday, the DOJ in a “statement of interest” informed the court ...Read more

Uber is laying off about 3,300 employees, or about 10% of its workforce.

It is the deepest cut the ride-hailing giant that revolutionized on-demand taxis has made since the COVID-19 pandemic.

Chief Executive Dara Khosrowshahi announced the layoffs in a letter to employees Wednesday. The cut comes as Uber faces increasing competition from the ...Read more

Years after it started toying with the idea, the Cuban government has finally approved a new legal framework allowing Cubans living outside the island to own private companies in Cuba, according to a decree law published Wednesday that also lifts restrictions on the size of private businesses and allows an individual to have stakes in several ...Read more

The housing industry is tied in a knot. Sales are dropping, but prices remain high. First time buyers can’t gather the down payment, much less afford the monthly mortgage, because of 30-year rates that remain around 6.7%. Homeowners who locked in rates around 3% during the pandemic can’t afford to move, so they don’t list their homes, ...Read more

MLive Media Group will stop printing its eight Michigan newspapers in December, the publisher said in a story posted on its website Wednesday.

The final printed editions will be delivered Sunday, Dec. 6, MLive Community President John Hiner said in the story.

The eight publications will continue in digital formats, including MLive.com, the ...Read more

Alphabet Inc.’s Google doesn’t have to sell off its advertising exchange and instead must make its ad tech tools work with those operated by rivals, a federal judge ruled Wednesday, in a move that saves the tech giant from a second bid to force a breakup.

U.S. District Judge Leonie Brinkema issued her decision under seal accompanied by a ...Read more

Nvidia Corp. Chief Executive Officer Jensen Huang called on Group of 20 nations to accelerate their adoption of artificial intelligence as a way to enhance growth, urging the world’s largest economies to expand data centers and other infrastructure to support the emerging technology.

“Every single country needs to build infrastructure so ...Read more

Uber Technologies Inc. is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.

Chief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that ...Read more

U.S. sales for Ford Motor Co. fell 10.3% year-over-year in August, but higher-margin retail share was slightly up, despite the discontinuation of the Escape and Lincoln Corsair crossovers to retool for next-generation electric vehicles.

The decline of total sales to 170,681 vehicles for the month was driven by decreases in the daily rental and...Read more

WASHINGTON — The Trump administration is expected to finalize dramatically relaxed fuel economy standards for consumer cars and trucks in the coming days, though questions and concerns loom over the new rules.

The rules, which analysts expect to mostly match a proposal from late 2025, would slash light-duty corporate average fuel economy (...Read more

Buying a laptop is anything but easy sometimes — it’s a classic example of too many choices.

Do you want a smaller, lighter machine? Or one that has a larger screen and better battery life? How about a laptop fast enough for occasional (or frequent) gaming?

Do you want a touch screen? How about an OLED display? Need 4K graphics?

How does ...Read more

Chris Roth has worked in the Nevada skilled trades industry since his father pulled him out of high school at 15 years old in 1985.

In the moment, he felt alienated from his friends on the traditional high school path. Looking back, he recognizes that it changed his life for the better. Since then, he has worn many hats in the industry — ...Read more

Boeing will resume contract negotiations with its white-collar union next week, the Society of Professional Engineering Employees in Aerospace said Monday.

The two parties began negotiating July 1, and union members last month voted to reject the company’s previous contract offer. That offer had been endorsed by SPEEA’s negotiating team but...Read more

Nvidia Corp. is in advanced talks to acquire artificial intelligence startup Hugging Face in a transaction that may total about $14 billion, according to people familiar with the matter.

An agreement by Nvidia to acquire Hugging Face for $12.9 billion may be reached as soon as this week, said one of the people, who asked not to be identified ...Read more

SACRAMENTO, California — California lawmakers passed laws that would ensure insurance companies provide better coverage for smoke-damaged homes and financing for upgrades protecting residences from future fire damage.

The measures were among a slew of bills approved during the 2026 legislative session to deal with the continuing aftermath of...Read more