Category: AP

Jun 17

Highway safety agency reports power problems in 2022 Hyundai Ioniq 5 SUVs

Article content DETROIT (AP) — Multiple U.S. owners of Hyundai’s popular Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, many after hearing a loud popping noise, the National Highway Traffic Safety Administration said Saturday. Article content Hyundai said it would offer a software update beginning next month and replace affected […]
Jun 17

Under court deal, Binance can continue U.S. operations as it battles SEC fraud charges

Article content The U.S. Securities and Exchange Commission and Binance have reached an agreement in court that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges. Article content Under a consent order filed Saturday, the defendants in the June 5 lawsuit agreed to repatriate all […]
Jun 15

Bayer reaches $6.9 million settlement with New York over advertising for weedkiller Roundup

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Associated Press Published Jun 15, 2023  •  2 minute read Join the conversation Article content NEW YORK (AP) — Bayer, the pharmaceutical and biotechnology company, has agreed to pay $6.9 million to settle allegations by New York’s attorney general that its Monsanto unit […]
Jun 15

With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Larry Neumeister Published Jun 15, 2023  •  2 minute read Join the conversation Article content NEW YORK (AP) — FTX founder Sam Bankman-Fried’s lawyers encountered a skeptical federal judge Thursday when they argued that he should toss out criminal fraud charges their client […]
Jun 14

France’s Macron wants to boost AI, calls for rules that don’t impede tech growth

Article content PARIS (AP) — French President Emmanuel Macron called Wednesday for boosting the development of artificial intelligence in Europe while putting in place “smart” regulations that don’t impede tech companies’ growth. Macron, who visited Europe’s biggest startup and tech event Vivatech, said “we’re too far behind in terms of innovation and we’re regulating too […]
Jun 12

Apollo Theater CEO Jonelle Procope to leave the historic landmark on safe financial ground

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Glenn Gamboa Published Jun 12, 2023  •  5 minute read Join the conversation Article content NEW YORK (AP) — Jonelle Procope’s 20-year tenure as president and CEO of The Apollo Theater evolved into an era of prosperity and expansion, markedly different from the […]
Jun 10

Nigeria’s central bank chief arrested after being suspended by president

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Chinedu Asadu Published Jun 10, 2023  •  2 minute read Join the conversation Article content ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele, governor […]