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Business

Humanoid robots take center stage at Silicon Valley summit

MOUNTAIN VIEW, Calif. (AP) — Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and "boring, honestly," says venture capitalist Modar Alaoui. But the commercial boom in artificial intelligence has lit a spark under long-simmering ...

Chamber welcomes Many Hats Marketing in IM

IRON MOUNTAIN — Many Hats Marketing has joined the Dickinson Area Chamber of Commerce, which recently had a ribbon-cutting ceremony to celebrate. Many Hats Marketing is an Iron Mountain-based marketing consulting business offering executive-level Fractional Chief Marketing Officer, or fCMO, ...

Stock market hits record highs, despite worries about AI bubble

NEW YORK (AP) — Wall Street set records Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The S&P 500 inched up 0.2% and eked past its prior all-time closing high, which was set in October. The Dow ...

DOT: Airlines don’t have to cover passenger expenses amid recalls

The U.S. Department of Transportation has issued new guidance telling airlines they do not have to cover passenger expenses, such as meals or hotel stays, when flight cancellations or long delays are caused by aircraft recalls. The guidance, released on Wednesday, comes after widespread ...

Federal Reserve cuts key rate, sees healthier economy next year

WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. Chair Jerome Powell signaled at a news conference that the Fed would likely hold off on further ...