Major hotelier abandoning San Francisco properties, says city's 'path to recovery remains clouded'
Park Hotels & Resorts says it has stopped making payments on a $725 million loan that secured two major San Francisco hotels and plans to shut them down.
Banking industry pushes back on CFPB's warning over use of AI chatbots
The Consumer Financial Protection Bureau's latest advisory warns of potential problems with the use of artificial intelligence bots for customer service in banking.
Chevron CEO: Energy industry needs more ‘supportive’ policies
Chevron CEO Mike Wirth says the U.S. could be "an energy powerhouse" but needs a more supportive policy environment that encourages investment in order to do so.
Elon Musk says Target can expect shareholder lawsuits soon as retailer's woes mount
Tesla CEO Elon Musk says Target can expect shareholder class-action lawsuits in the near future as the retailer's losses continue to mount amid Pride backlash.
OpenAI hiring chief congressional lobbyist
ChatGPT creator OpenAI is offering a six-figure salary for the right person to leads its public policy initiatives on Capitol Hill as Congress gears up to regulate AI.
GM investing more than $1B in Michigan plants to boost heavy-duty truck production
GM announced Monday it plans to spend upward of $1 billion to convert two of its Flint, Michigan, manufacturing plants to build its next generation line of heavy-duty pickups.
Gen Z, Millenials have bleak outlook on financial futures, study finds
Most young adults in the U.S. believe they can improve the world, but fewer than half say they can secure their financial future, according to a new study.
Money kept in PayPal, Venmo, other payment apps less safe than if stored in banks, CFPB warns
The Consumer Financial Protection Bureau issued an advisory Thursday warning that funds stored in payment apps like PayPal and Venmo are not federally insured, unlike bank deposits.
Ben & Jerry's ends Twitter ads, says platform 'dangerous' under Elon Musk
Ben & Jerry's ice cream has pulled the plug on all paid advertising on Twitter, announcing the move was made because of a rise in "hate speech" since Elon Musk took over.