Facebook parent Meta unveiled a high-end virtual reality headset Tuesday with the hope that people will soon be using it to work and play in the still-elusive place called the “metaverse.” The $1,500 Meta Quest Pro headset sports high-resolution sensors that let people see mixed virtual and augmented reality in full color, as well as…
SACRAMENTO, Calif. (AP) — With California’s four-year-old legal marijuana market in disarray, the state’s top prosecutor said Tuesday that he will try a new broader approach to disrupting illegal pot farms that undercut the legal economy and sow widespread environmental damage. The state will expand its nearly four-decade multi-agency seasonal eradication program — the largest…
NEW YORK (AP) — TikTok appears to be deepening its foray into e-commerce with plans to operate its own U.S. warehouses, the kind of packing and shipping facilities more associated with Amazon or Walmart than the social media platform best known for addictive short videos. In the past two weeks, TikTok has posted several job…
SAN JOSE, Calif. (AP) — A former manager for a Silicon Valley security business testified at a sheriff’s civil corruption trial that he and the company’s CEO agreed to provide political donations in exchange for concealed-weapons permits. Martin Nielsen, who implicated a Santa Clara County sheriff’s captain and others in the alleged bribery scheme, testified…
FORT WORTH, Texas (AP) — American Airlines said Tuesday that its revenue rose faster than expected over much of the summer, but costs also increased sharply. The airline said third-quarter revenue rose about 13% over the same period in 2019, before the pandemic, compared with its previous forecast of a 10% to 12% gain. Airlines…
COLUMBUS, Ohio (AP) — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub. Honda, which announced its first Ohio factory 45 years ago, also plans to invest…
The Biden administration proposed new standards Tuesday that could make it more difficult to classify millions of workers as independent contractors and deny them minimum wage and benefits. The U.S. Department of Labor rule, which could take months to take effect, would replace a scrapped Trump-era standard that had lowered the bar for classifying employees…
General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce chargers for electric vehicles, as well as solar panels and other energy-related technology for homes and businesses. The company said Tuesday that the unit, called GM Energy, will create systems for households and commercial customers…
LONDON (AP) — The Bank of England on Tuesday expanded its emergency effort to quash upheaval on financial markets unleashed by the government’s plan to slash taxes, saying fluctuations in bond prices posed a “material risk” to Britain’s fiscal stability. The U.K. central bank said it will now buy inflation-linked securities — which offer protection…
WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for the world economy for 2023, citing a long list of threats that include Russia’s war against Ukraine, chronic inflation pressures, punishing interest rates and the lingering consequences of the global pandemic. The 190-country lending agency forecast Tuesday that the global economy would eke…
