Business

House panel to hold hearing on crypto exchange FTX collapse

Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions ...

Business

Pie from the sky: drone delivery lands in America

The little aircraft appeared out of the blue sky above a Texas home, deposited its payload of a mid-morning snack in the yard and zoomed off, as deliveries by drone start becoming a reality in America.

Business

Winner of $1.3 billion in broadband funds faces big hurdles

The big winner in a 2020 federal auction to build more broadband in rural America was a relatively small company started by a Minnesota entrepreneur. Since then, not much has gone right for the firm or the people waiting ...

Energy & Green Tech

Nuclear industry hopes to expand output with new reactors

The U.S. nuclear industry is generating less electricity as reactors retire, but now plant operators are hoping to nearly double their output over the next three decades, according to the industry's trade association.

Business

Regulators frown as crypto players move into banking

With offers of loans and interest-earning accounts, more new cryptocurrency firms are straying into the world of traditional banks, to the consternation of US financial regulators.

Automotive

German automaker BMW ramps up electric vehicle offerings

German automaker BMW said Wednesday it intends to speed the rollout of new electric cars, vowing to bring battery-powered models to 50% of global sales by 2030. The company underlined the point by unveiling a new all-electric ...

Internet

Tech giants hope for US data privacy law

Google, Twitter and Amazon are hopeful that Joe Biden's incoming administration in the United States will enact a federal digital data law, senior company officials said at CES, the annual electronics and technology show.

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