Business

Midjourney’s AI-powered tools allow a user to create Thanos-themed art, infringing on Disney’s IP (Everett) LOS ANGELES — Entertainment giants Disney and Universal filed a copyright infringement lawsuit Wednesday against AI company Midjourney, calling the image generator a “bottomless pit of plagiarism.” The lawsuit is the first major legal battle …

SEATTLE, Washington — Boeing is heading into the Paris Air Show after a blockbuster May that included booking 303 new orders and rolling out 38 new 737 MAX jets, a production rate that it has been working to reach for more than a year. The company also delivered 45 aircraft …

BRUSSELS — The EU on Tuesday announced the removal of the United Arab Emirates from its money-laundering “high-risk” list but added Monaco alongside nine other jurisdictions. The European Commission said it added Algeria, Angola, Ivory Coast, Kenya, Laos, Lebanon, Namibia, Nepal and Venezuela, along with Monaco, to the list of …

A passerby walks past an electric monitor displaying various countries’ stock price index outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei Kato/File Photo  NEW YORK — Global stock markets moved indecisively Tuesday as investors waited for the outcome of US-China talks aimed at cementing a fragile trade war …

LONDON — Top officials from the United States and China said Tuesday that they had agreed on a “framework” to move forward on trade, following two days of high-level talks in London to resolve tensions. US Commerce Secretary Howard Lutnick expressed optimism after a full day of negotiations that concerns …

CUPPERTINO, United States — Apple on Monday remained on its cautious path to embracing generative AI even as rivals race ahead with the technology and Wall Street expresses doubts over its strategy. The pressure was on Apple not to disappoint at its annual Worldwide Developers Conference (WWDC) a year after …

An advertisement for the cryptocurrency, Bitcoin, is displayed on a building in Hong Kong on Nov. 18, 2021. (AP Photo/Kin Cheung, File)  WASHINGTON, D.C. — As President Donald Trump builds a crypto empire — including hosting a private dinner with top investors at his golf club — Democrats have united …

NEW YORK — Global stocks were mixed Monday as markets monitored high stakes US-China trade talks and awaited key inflation data later in the week. Trade representatives for the world’s two biggest economies plan a second day of talks on Tuesday in London following an opening round on Monday. Although …

SHANGHAI — Geely Chairman and founder Li Shufu said on Saturday that the global automotive industry was facing “serious overcapacity” and that the Chinese automaker had decided not to build new manufacturing plants or expand production in existing facilities. Volvo Cars and Geely Chairman Eric Li (Li Shufu) attends the …

An Apple store in Walnut Creek, California (Paul Morris / Bloomberg via Getty Images) SAN FRANCISCO — Pressure is on Apple to show it hasn’t lost its magic despite broken promises to ramp up iPhones with generative artificial intelligence (GenAI) as rivals race ahead with the technology. Apple will showcase …