U.S. and World Business News

Stock market today: Wall Street slips as tumbling …

FILE - The New York Stock Exchange on Wednesday, June 29, 2022 in New York. (AP Photo/Julia Nikhinson, File)

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McDonald’s burger empire set for unprecedented growth …

FILE - A McDonald's golden arches is shown at restaurant in Havertown, Pa., Tuesday, April 26, 2022. McDonald’s expects to open nearly 10,000 restaurants over the next four years, Wednesday, Dec. 6, 2023, a pace of growth that would be unprecedented even for the world's largest burger chain. (AP Photo/Matt Rourke)

CEOs of the nation’s biggest banks warn that new regulations …

Charles W. Scharf, left, CEO and President, Wells Fargo & Company; Brian Thomas Moynihan, Chairman and CEO, Bank of America; Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co.; Jane Fraser, CEO, Citigroup; Ronald O'Hanley, CEO, State Street; Robin Vince, CEO, BNY Mellon; David Solomon, CEO, Goldman Sachs; are seated as James P. Gorman, right, CEO, Morgan Stanley, takes a photo before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing to examine Wall Street firms on Capitol Hill, Wednesday, Dec. 6, 2023 in Washington. (AP Photo/Alex Brandon)

Oregon power company to pay nearly $300 million to settle …

A grantmaker is betting a TV show for teen girls can help …

FILE - Lyda Hill poses for a picture before the Carnegie Medal of Philanthropy Ceremony at Gotham Hall on Thursday, Oct. 13, 2022, in New York. Hill has devoted much of her giving to tackling social problems through science. She is now venturing into financing and developing a TV series, “Mission Unstoppable,” aimed at teenage girls to encourage careers in science, technology, engineering, and math careers. (AP Photo/Andres Kudacki, File)

Google ups the stakes in AI race with Gemini, a technology …

File - Alphabet CEO Sundar Pichai speaks about Google DeepMind at a Google I/O event in Mountain View, Calif., May 10, 2023. Google took its next leap in artificial intelligence Wednesday with the launch of a project called Gemini that's trained to think more like humans and behave in ways likely to intensify the debate about the technology's potential promise and perils. Google DeepMind is the AI division behind Gemini. (AP Photo/Jeff Chiu, File)

A group of Norwegian unions says it will act against Tesla …

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A British financier sought for huge tax fraud is …

Danish police officers accompany financier Sanjay Shah as he arrives at Kastrup Airport, in Copenhagen, Wednesday, Dec. 6, 2023. Shah, a Dubai-based British hedge fund trader sought by Danish authorities for allegedly orchestrating a $1.7 billion tax fraud, considered one of the largest in the Scandinavian country, has been extradited from the United Arab Emirates, officials said Wednesday. (Mads Claus Rasmussen/Ritzau Scanpix via AP)

Bank of England will review the risks that AI poses …

Governor of the Bank of England, Andrew Bailey, second left, Head of Media and Stakeholder Engagement, Katie Martin, second right, Deputy Governor for Financial Stability Sarah Breeden, left, and CEO of the Prudential Regulation Authority Sam Woods attend the biannual Financial Stability Report press conference, at the Bank of England in London, Wednesday Dec. 6, 2023. (Hannah McKay/Pool via AP)

In the salt deserts bordering Pakistan, India builds …

A load lifter operator wheels past a solar panel display alongside an image of Gautam Adani inside the Adani-owned Mundra Solar Techno-Park Private Limited, in the port town of Mundra in Western India's Gujarat state, India, Wednesday, Sept. 20, 2023. It's one of the few locations in India where most solar energy components are made from scratch. (AP Photo/Rafiq Maqbool)

Actors vote to approve deal that ended strike, bringing …

FILE - SAG-AFTRA member Bruce D. Mitchell participates in a post apocalyptic-themed picket line outside Netflix studios, Nov. 8, 2023, in Los Angeles. Hollywood’s actors have voted to ratify the deal with studios that ended their strike after nearly four months, leaders announced Tuesday, Dec. 5, 2023. (AP Photo/Chris Pizzello, File)

The West has sanctioned Russia’s rich. But is that …

A small craft passes by Igor Makarov's 128-foot yacht, called Areti I docked at Camachee Cove Yacht Harbor marina, Thursday, Nov. 30, 2023, in St. Augustine, Fla. Most of his fortune earned doing business in Russia and the former Soviet Union is frozen, and his plans to develop his energy businesses are currently shelved. His yacht is seized and his two private jets are grounded. Western officials say sanctions against Russia's billionaires are meant to isolate President Vladimir Putin, choke off support for his war and turn powerful business allies against him. But in the 20 months since the invasion, only a handful of sanctioned businessmen have spoken out against him. (AP Photo/John Raoux)

Stock market today: Asian shares are mostly up as …

A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 6, 2023. Asian shares advanced on Wednesday after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy. (AP Photo/Ahn Young-joon)

China raises stakes in cyberscam crackdown in Myanmar, …