Business

NEW YORK—As many as 10,000 hotel workers were on strike across the United States on Sunday, at the height of a long holiday weekend in which millions of Americans were expected to travel. Strikes were launched at 25 hotels in eight cities including Boston, San Francisco and Honolulu, as workers …

TOKYO — Asian factories, including China’s manufacturing sector, showed signs of a tentative recovery in August, and chip makers benefited from firm demand, private surveys showed on Monday, but economic headwinds loom. Analysts say prospects of slowing US growth, which is likely to lead to interest rate cuts by the …

Photo Credit: yahoo.com CHINA has warned of severe economic retaliation against Japan if it further restricts sales and servicing of chip-making equipment to Chinese firms, Bloomberg News reported on Monday, citing people familiar with the matter. Toyota Motor privately told Japanese officials that Beijing could react to the curbs by …

China announced “historic” steps to stabilize the crisis-hit property sector on May 17, 2024, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging to deliver unfinished homes. (Nurphoto/Getty Images)  BEIJING — Prices of new homes in China rose at slower pace in August, a private survey showed …

TEHRAN, Iran — Iran’s president said Saturday his country needs some $100 billion in foreign investment to achieve an annual target of 8-percent economic growth up from the current rate of 4 percent. The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview …

Bubble tea — which classically includes tapioca balls and comes in a wide range of flavours, with or without milk — has gained huge popularity in China (Jade Gao/barrons.com)  HANGZHOU — Sweet, milky and colorful — bubble tea is wildly popular in China, where people sipping through straws from large …

The majority of Canada’s electricity comes from hydropower, and 2023 was a bad year. In Quebec, The public utility’s reservoir levels fell far below average last year, during an unusually hot and dry year across the country, raising concern about the reliability of hydroelectricity in the face of climate change.  …

WASHINGTON, D.C. — Leading generative artificial intelligence (AI) developers OpenAI and Anthropic have agreed to give the US government access to their new models for safety testing as part of agreements announced on Thursday. The agreements were made with the US AI Safety Institute, which is part of the National …

WASHINGTON, D.C. — iPhone juggernaut Apple is in talks to invest in OpenAI, the creator of ChatGPT and the biggest name in generative artificial intelligence (AI), a news report said on Thursday. According to the Wall Street Journal, the company founded by Steve Jobs is at the funding table as …

SAN FRANCISCO, California — The world’s biggest AI companies are releasing new usage data showing significant growth as competition in the generative artificial intelligence sector heats up. The pressure to show that ChatGPT-style AI chatbots are being adopted by the wider public is significant given the huge costs of delivering …