The NYC Rent Guidelines Board approved a rent freeze for the city’s one million rent stabilized units on Thursday — in a major win for Mayor Mamdani.

The freeze marks the first complete fulfillment of one of Mamdani’s core campaign promises, and it comes just days after candidates he backed swept their primary elections. A legal challenge...Read more

The Trump administration has asked OpenAI to stagger the release of an upcoming powerful artificial intelligence model, according to a person familiar with the matter, nearly two weeks after rival Anthropic PBC suspended its most capable offerings from the market under regulatory pressure.

OpenAI Chief Executive Officer Sam Altman told ...Read more

The largest verdict issued by a Philadelphia jury in recent years came out of a trial in which a man accused against agricultural giant Monsanto’s weedkiller, Roundup, of causing his blood cancer.

The jury awarded John McKivison $2.25 billion in 2024.

The Lycoming County man wasn’t the only one who has sued the German company. Thousands of...Read more

Passing "Go" has become especially lucrative for mobile game publisher Scopely.

The Culver City-based firm launched "Monopoly Go!" in 2023, betting fans of the classic board game would flock to a mobile version aimed at casual gamers.

By 2025, "Monopoly Go!" had accrued $6 billion in lifetime in-app purchase revenue, becoming the fastest ...Read more

Five years ago, Florida’s millions of condo dwellers awoke to a new reality.

The Champlain Towers South building in Surfside had collapsed in the pre-dawn hours of June 24, 2021 — a generational tragedy that claimed 98 lives and forced anyone living in a large condo building to confront an existential question: What if mine’s next?

Such ...Read more

A member of the NYC Rent Guidelines Board resigned hours before the board was scheduled to vote on Mayor Mamdani’s promise of a rent freeze for stabilized tenants, saying the panel’s work had become corrupted as it pursued a preordained political outcome.

Christina Smyth, a landlord representative on the board reappointed by ex-Mayor Adams ...Read more

The U.S. Supreme Court shielded Bayer AG from tens of thousands of claims that its Roundup herbicide should have been labeled as a cancer risk in a ruling that will help end a decade-long flood of lawsuits that have cost the company more than $10 billion.

Voting 7-2, the justices threw out a $1.25 million jury verdict won by a Missouri man who ...Read more

Two former Alaska Airlines’ flight attendants can move forward with a lawsuit accusing the airline and the flight attendants’ union of discriminating against them for their religious beliefs, a federal appeals court ruled Wednesday.

The two former Alaska employees — Lacey Smith and Marli Brown — alleged in a May 2022 lawsuit they were ...Read more

United Auto Workers President Shawn Fain has exhibited a "recurring pattern of retaliation" and "abused the authority of his office" with matters involving his fiancée and her sister, according a new report from the union's court-appointed watchdog, who Fain in response accused of "playing political games and abusing his power."

Neil Barofsky,...Read more

U.S. consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war.

The personal consumption expenditures price index rose 4.1% from a year earlier, the most since April 2023, Bureau of Economic Analysis data out Thursday showed. ...Read more

Ford was the mainstream auto brand with the highest initial quality in J.D. Power's latest study, a milestone for the Dearborn automaker's years-long effort to turn around its quality issues whose warranty and recall costs weighed on its balance sheets and reputation.

Ford jumped from below average last year to third overall in the survey ...Read more

More than a third of short-term rental properties like Airbnb and VRBO in Philadelphia have licensing issues, according to a new report from the City Controller’s office released Tuesday.

The controller found that of 3,734 analyzed licenses associated with short-term rentals, 1,327 were expired or noncompliant.

“Short-term rentals are an ...Read more

General Motors Co. is facing an uncomfortable reality: Toyota Motor Corp. has a shot at taking the U.S. sales crown once again thanks to growing demand for its gasoline-electric hybrids.

The Japanese automaker is expected to increase its market share to 15.8% in the first half of this year, while GM’s share may tumble by almost 1 percentage ...Read more

The U.S. National Transportation Safety Board opened an investigation into a fatal crash this month involving a Tesla Inc. sedan in Texas, expanding scrutiny of an incident that has drawn national attention.

The NTSB, a federal agency tasked with probing civil transportation accidents, said Wednesday that it’s working with the Harris County ...Read more

Mark Zuckerberg, CEO of Meta, wants to “deliver personal superintelligence to everyone in the world.” And he’s calling on Qualcomm to help power it.

The San Diego chipmaker on Wednesday revealed Meta as its first major data center customer, announcing the partnership at an Investor Day event in New York City. The announcement is the ...Read more

President Donald Trump is coming back to Pennsylvania in July to headline another technology summit — this time, about defense — hosted by Republican Sen. Dave McCormick.

“Last July, the President came to Pennsylvania and together we announced more than $90 billion in investments to strengthen America’s energy dominance and AI ...Read more

NV Energy projects data centers will drive a dramatic shift in Nevada’s energy landscape, growing from 5 percent of electricity sales today to 64 percent by 2046.

NV Energy is requesting $3.2 billion in transmission and substation upgrades, along with thousands of megawatts of new solar, battery storage and geothermal and natural gas ...Read more

Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using thousands of fraudulent accounts that undermine the U.S. AI developer’s decision to keep its products out of China.

Anthropic claimed that a campaign by operators ...Read more

Sony Pictures will invest $100 million and take a minority stake in virtual reality venue operator Cosm, as the studio continues to build a business in communal experiences.

As part of the investment, Sony Pictures Chief Executive Ravi Ahuja will also join Cosm's board of directors, the studio said Wednesday. The size of Sony's minority stake ...Read more