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Monday: In Business

Warner Bros. joins studios suing over AI capability

Warner Bros. is suing artificial intelligence company Midjourney for copyright infringement, alleging that the startup enables its millions of subscribers to create AI-generated images and videos of copyrighted characters like Superman and Bugs Bunny. It's the third big Hollywood studio to ...

Tesla could add trillion dollars to Musk’s pay

The world's richest man could become its first trillionaire if Elon Musk hits a series of extremely aggressive targets for his electric car company over the next decade, according to a proposed pay package released by the company. Tesla said in a regulatory filing Friday that it will hand ...

House GOP: Pentagon funds research that has aided China military

WASHINGTON — Over a recent two-year period, the Pentagon funded hundreds of projects done in collaboration with universities in China and institutes linked to that nation's defense industry, including many blacklisted by the U.S. government for working with the Chinese military, a ...

Cork users win rare Trump tariff exemption

RIO FRIO, Portugal — U.S. winemakers have something to celebrate: the corks they're popping aren't subject to tariffs. Cork comes from the spongy bark of the cork oak tree, which is primarily grown and harvested in the Mediterranean basin. The framework trade agreement between the United ...

Fed tries to save face while cutting key rate

WASHINGTON — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's demands. For months, Powell has largely ignored President Donald Trump's ...

Despite tariffs, Walmart able to outpace Target

NEW YORK — Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target. The nation's largest retailer reported a 4.6% quarterly increase in ...