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Citigroup discriminated against Armenian-Americans, federal regulator says; bank fined $25.9 million
NEW YORK — Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said today, as the bank…
Las Vegas hotel workers union reaches tentative deal with Caesars, but threat of strike still looms
LAS VEGAS — The labor union representing tens of thousands of Las Vegas hospitality workers announced early today that it had reached a tentative deal…
Adidas says it may write off remaining unsold Yeezy shoes after breakup with Ye
FRANKFURT, Germany — Adidas believes it may have to write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after…
Chinese auto sales surged 10% year-on-year in October in fastest growth since May, exports up 50%
BEIJING — Sales of passenger cars rose 10.2% in October over a year earlier, an industry association said today, as makers ramped up promotions and…
To help 2024 voters, Meta says it will begin labeling political ads that use AI-generated imagery
WASHINGTON — Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company…
General Motors’ autonomous vehicle unit recalls cars for software update after dragging a pedestrian
DETROIT — General Motors’ Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after it dragged a pedestrian to the…
Former Meta engineer testifies before Congress on Instagram’s harms to teens
On the same day whistleblower Frances Haugen was testifying before Congress about the harms of Facebook and Instagram to children in the fall of 2021,…