By Michelle Toh, CNN Toyota’s longtime president and CEO Akio Toyoda is stepping down and handing over the reins of the world’s largest automaker to Lexus chief Koji Sato. The Japanese company announced the shakeup Thursday, saying that Toyoda would be appointed chairman of the board as Sato takes over daily management. Takeshi Uchiyamada, Toyota’s
Continue Reading By Michelle Toh and Hanna Ziady, CNN IBM and SAP are the latest tech companies to slash thousands of jobs, as they reorganize businesses and profits come under pressure from a slowing global economy. IBM announced the cuts Wednesday, saying they were related to the previously announced spinoff and sale of two business units. Some
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JEFFERSON CITY, Mo. (KMIZ) The Missouri Department of Revenue has started accepting electronically filed state tax returns for tax year 2022. The DOR is giving taxpayers tips, including to file electronically and use direct deposit, double-check your paper return, review tax credit guidelines and attach all required documentation. Online services and resources include the DOR’s Tax
Continue Reading By Allison Morrow, CNN This week, Microsoft confirmed it’s planning to invest billions in OpenAI, the company behind the viral new chatbot tool ChatGPT. The prospect of Microsoft, maker of software that people mostly hate, getting involved with ChatGPT, a product people generally like, is raising a lot of eyebrows. Almost immediately, people began joking
Continue Reading By Allison Morrow, CNN This week, Microsoft confirmed it’s planning to invest billions in OpenAI, the company behind the viral new chatbot tool ChatGPT. The prospect of Microsoft, maker of software that people mostly hate, getting involved with ChatGPT, a product people generally like, is raising a lot of eyebrows. Almost immediately, people began joking
Continue Reading By Pete Muntean and Greg Wallace, CNN The US Transportation Department said it is in the early stages of an investigation into the Southwest Airlines holiday travel meltdown in December. The probe includes an examination of whether Southwest is scheduling more flights than it can handle. “DOT is in the initial phase of a rigorous
Continue Reading By Hanna Ziady, CNN UK car manufacturing hit a 66-year low in 2022, as the closure of two plants, a global shortage of semiconductors and the effect of Covid lockdowns in China on auto supply chains crippled output. Figures published Thursday by the Society of Motor Manufacturers and Traders (SMMT), an industry body, showed that
Continue Reading By Clare Duffy, CNN Facebook-parent Meta said on Wednesday that it will restore former President Donald Trump’s accounts on Facebook and Instagram in the coming weeks, just over two years after suspending him in the wake of the January 6 Capitol attack. “Our determination is that the risk [to public safety] has sufficiently receded,” Meta
Continue Reading By Donie O’Sullivan, CNN Donald Trump’s Facebook and Instagram accounts were restored on Thursday, allowing the former president to once again post on the social media platforms, a Meta spokesperson confirmed to CNN. As of Thursday afternoon, Trump had not yet resumed posting on the accounts. Trump’s reinstatement comes weeks after Facebook’s landmark announcement that
Continue Reading By Catherine Thorbecke, CNN News outlet CNET said Wednesday it has issued corrections on a number of articles, including some that it described as “substantial,” after using an artificial intelligence-powered tool to help write dozens of stories. The outlet has since hit pause on using the AI tool to generate stories, CNET’s editor-in-chief Connie Guglielmo
Continue Reading By Samantha Murphy Kelly, CNN Business ChatGPT is smart enough to pass prestigious graduate-level exams — though not with particularly high marks. The powerful new AI chatbot tool recently passed law exams in four courses at the University of Minnesota and another exam at University of Pennsylvania’s Wharton School of Business, according to professors at
Continue Reading By Anna Bahney, CNN In response to rent payments soaring across the country in recent years, the Biden administration unveiled new actions Wednesday to protect tenants, make renting more affordable and improve fairness in the rental housing market. Multiple agencies are expected to take part in improving conditions for renters, taking actions in tandem with
Continue Reading By Chris Isidore, CNN Tesla reported record profits for the fourth quarter and the full year, but its profit margins were tighter due to higher costs, recent price cuts, and sales in the quarter that were weaker than hoped. The leading electric vehicle maker posted adjusted earnings of $1.19 per share in the quarter, up
Continue Reading By Nathaniel Meyersohn, CNN California voters will decide next year on a referendum that could overturn a landmark new state law setting worker conditions and minimum wages up to $22 an hour for fast-food employees in the nation’s largest state. Chipotle, Starbucks, Chick-fil-A, McDonald’s, In-N-Out Burger and KFC-owner Yum! Brands each donated $1 million to
Continue Reading By Scottie Andrew, CNN James Bond fans may be waiting on the next actor who will play the British spy onscreen, but a beloved Bond adventure of yore is making its return. “GoldenEye 007,” a classic first-person shooter made for Nintendo 64 in 1997, is being revived for Nintendo Switch and Xbox more than 25
Continue Reading By Oliver Darcy, CNN The New York Times and NPR asked a judge on Wednesday to unseal a trove of documents in Dominion Voting Systems $1.6 billion defamation lawsuit against right-wing channel Fox News. “This lawsuit is unquestionably a consequential defamation case that tests the scope of the First Amendment,” the pair of news organizations
Continue Reading By Peter Valdes-Dapena, CNN Business Tesla’s Autopilot, which at its core combines lane keeping assist with traffic aware cruise control to help guide a car down a highway, was once groundbreaking technology. But today more than half of new vehicles are available with similar advanced driver assistance systems, or ADAS. And in a recent ranking
Continue Reading By Allison Morrow, CNN Senator Elizabeth Warren, a longtime crypto critic, warned recent turbulence in the digital asset space will only continue unless a host of regulators strengthen protections for investors. “For all their talk of innovation and financial inclusion, crypto industry giants — from FTX to Celsius to Voyager — are collapsing under the
Continue Reading By Allison Morrow, CNN Senator Elizabeth Warren, a longtime crypto critic, warned recent turbulence in the digital asset space will only continue unless a host of regulators strengthen protections for investors. “For all their talk of innovation and financial inclusion, crypto industry giants — from FTX to Celsius to Voyager — are collapsing under the
Continue Reading By Jeanne Sahadi, CNN You commute to the office only to find your security badge no longer works. You log on to your work computer and are denied access. A pre-dawn email arrives that you miss — especially if it’s sent ahead of a major holiday. A dispassionate Zoom call is held with hundreds of
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