Business News [UP]

U.S. chipmaker Intel apologized on Thursday for telling suppliers to avoid sourcing products and labor in China’s controversial Xinjiang region, a warning that drew a backlash from Beijing....Read More

South Korean semiconductor manufacturer SK hynix has received China’s approval to finalize its deal to buy Intel’s NAND flash business....Read More

Chinese smartphone maker Huawei is getting into the electric car business by putting its first operating system into a Chinese sport-utility vehicle....Read More

The National Highway Traffic Safety Administration is investigating Tesla over a feature that allows people inside its vehicles to play video games while the car is in motion....Read More

The Dow Jones Industrial Average gained 261 points Wednesday as markets rose for the second consecutive day after falling earlier in the week due to fears over the COVID-19 Omicron variant....Read More

Tech billionaire and Brigham Young University grad Jeff Green formally broke ties with the Mormon Church and is pledging to give away 90% of his fortune....Read More

Amazon Internet services business AWS experienced another outage on Wednesday for the third time this month, causing disruptions among a number of sites and apps....Read More

The U.S. Secret Service named a pandemic fraud recovery coordinator Tuesday, saying stolen benefits are nearing $100 billion....Read More

U.S. markets posted gains Tuesday, bouncing back after three negative sessions fueled by concerns over the rapidly spreading Omicron COVID-19 variant....Read More

The United Mine Workers of America on Tuesday urged Sen. Joe Manchin to continue to work on Build Back Better legislation, saying the bill is important for miners and their communities....Read More