General Mills’ profits are dropping, but a turnaround plan is already in motion and executives said Wednesday they believe it’s off to an encouraging start.

The Golden Valley-based food company’s adjusted profit — which ignores irregular financial gains and losses — tumbled 13% from a year ago as the company seeks to manage ...Read more

The highly anticipated summit between President Donald Trump and China’s Xi Jinping will bring together a robust gathering of U.S. corporate leaders, but there will not be a comparable delegation of Chinese executives, raising questions about the prospects for the world’s two largest economies to strike new business deals this week.

The ...Read more

Prediction market wagers involving bets on what high-profile people might say in public present heightened manipulation risk and can only be offered in limited circumstances, Commodity Futures Trading Commission staff warned in new guidance.

The advisory is the regulator’s latest attempt to reel in the exploding industry after it floated a ...Read more

Microsoft is laying off 450 workers companywide, including about 300 in Washington, as part of ongoing efforts to reset its gaming division.

The Redmond-based tech giant told employees Tuesday that it was cutting roles that would mostly fall under the Xbox banner. Across the company, 268 gaming employees were let go.

The move comes two months ...Read more

The settlement with 12 state attorneys general t hat cleared the way for Paramount to move forward with its $111 billion acquisition of Warner Bros. Discovery contained a surprise for CNN and CBS News.

The merged company will have an oversight board that will monitor adherence to editorial independence from its owners and shareholders. The ...Read more

One of the nation’s leading political voices favoring stricter federal regulations on AI said the technology must be monitored by independent technical experts who have no industry ties.

The core tension on artificial intelligence — whether it offers more help or harm to humanity — and who benefits from its development spilled into plain ...Read more

The results are in, and Seattle walked away from this summer's FIFA Men's World Cup with undeniable wins. But the question remains: Was the tournament overhyped?

In Seattle and King County, the global soccer tournament drove $889 million in total economic impact, which includes $109 million in state and local tax revenue. That’s according to ...Read more

Dozens of protesters rallied outside Paramount Skydance's Melrose Ave. gate Tuesday morning to criticize the settlement agreement the company reached with California Attorney General Rob Bonta, arguing that it does too little to protect Hollywood jobs from the company's impending merger with the impending merger with Warner Bros. Discovery.

The...Read more

Microsoft is laying off about 300 Washington-based employees, among about 450 companywide, as part of ongoing efforts to reset its gaming division.

The Redmond-based tech giant told employees Tuesday morning that it was cutting roles that would mostly fall under the Xbox banner. Across the company, 268 gaming employees were let go.

The move ...Read more

Caesars Entertainment Inc. shareholders will vote Tuesday on whether to approve Tilman Fertitta’s proposed $17.6 billion acquisition of the casino company.

The special shareholder meeting is scheduled for 9 a.m. at the Eldorado hotel-casino in Reno.

The proposed transaction would pay Caesars shareholders $31 per share in cash. The ...Read more

DETROIT — The GMC Sierra 1500 pickup truck is back for its fifth generation with more tech, power and swagger.

Like sibling Chevrolet Silverado’s fifth-generation unveiling in June, the Sierra offers up to 60 inches of screens, pushrod V8-engine displacement upgrades, and a new front fascia with mid-mounted headlights. As General Motors Co....Read more

People who bought certain iPhone models can start submitting claims to get paid as part of a $250 million settlement resolving legal claims that Apple misled consumers about the capabilities of its artificial-intelligence-powered features.

Some iPhone users could be eligible for a cash payment of $25 per device, which could increase to $95 per ...Read more

Meta Platforms Inc.’s new artificial intelligence agent, Muse, has quickly risen to the top of mobile app charts, a sign that the social media company is gaining traction in the increasingly crowded market for consumer AI assistants.

Muse is ranked the No. 1 free app on the U.S. Apple Inc. iOS App and Google Play stores as of Monday. The ...Read more

The bulk of companies receiving billions in tariff refunds are mostly holding on to the cash, according to a survey released Monday by the Federal Reserve Bank of Atlanta.

Of the more than 1,100 C-suite executives surveyed in August as part of the Atlanta Fed’s Survey of Business Uncertainty, roughly a quarter said they had either received a ...Read more

Federal Reserve Bank of Chicago President Austan Goolsbee warned the central bank cannot ignore repeated and persistent supply shocks, and must respond in a way that may cause economic hardship.

“Supply shocks have come more frequently, hit harder and lasted longer,” Goolsbee said Monday at an event in London. “And once supply shocks to ...Read more

Chinese and U.S. officials wrapped up their second day of talks in New York on Monday to discuss artificial intelligence, investment and trade as they sought to advance negotiations ahead of President Xi Jinping’s visit to the U.S. this week.

Talks on Monday focused on delivering on what’s been agreed by the U.S. and Chinese lead ...Read more

The Federal Aviation Administration last week granted Boeing’s 777 freighter a few more years of production, waiving looming emissions requirements for up to 35 new aircraft.

Without that exemption, Boeing would have had to sunset production of the 777 freighter in 2028 because the cargo plane would not meet emissions standards set to take ...Read more

California Attorney General Rob Bonta and Paramount Skydance Chief Executive David Ellison have reached an agreement to end the state’s antitrust fight, paving the way for Ellison to complete his $111 billion purchase of Warner Bros. Discovery, Bonta and Paramount confirmed Monday.

The two sides have agreed to resolve antitrust claims that ...Read more

Artificial intelligence promises a vastly different future as it actively disrupts the present — but the problem, and fear, is that no one seems to know what that future will be.

There’s a world where AI does all the things humans desire:

A world where disease is eradicated as technology accelerates scientific breakthroughs. Where every ...Read more