Business

PROVIDENCE, R.I. (WJAR) — Gift cards, cash, and checks, stolen out of the mail in Southern New England.Federal authorities are charging seven postal workers in Providence with running a massive, long-running mail theft ring.Investigators don’t know how much was stolen out of the mail at the Providence Postal Processing and Distribution Center on…

U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC. Win Mcnamee | Getty ImagesAutomotive and trade experts say the increased tariffs are a near-term protectionism act that may delay, but won't stop, Chinese…

A GameStop store operates in a strip mall in Chicago on March 16, 2023.Scott Olson | Getty ImagesGameStop and AMC shares fell in premarket on Wednesday as the meme stock trading frenzy showed signs of fizzling.Brick-and-mortar video game retailer GameStop fell 13%, while movie theatre chain AMC dropped 12%.The sell-off in AMC shares came after…

Ilya Sutskever, the OpenAI co-founder and chief scientist who in November joined three other board members to force out Sam Altman, the company’s high-profile chief executive, before saying he regretted the move, is leaving the San Francisco A.I. company.Dr. Sutskever’s departure, which the company announced in a blog post on Tuesday, closes…

Red Lobster is closing at least 48 of its restaurants Red Lobster is closing at more than 50 of its restaurants across the country, according to a company that helps businesses liquidate restaurant equipment. Neal Sherman, CEO of TAGeX Brands,…

A little over three years ago when Jeff announced my new role, one of my first jobs was to identify who’d take over and lead AWS. It was important to me that we had somebody who understood AWS, valued our culture, would provide strong continuity, and could keep growing the business. We had strong leaders in AWS, several of whom could lead the…

Tiffany Hagler-Geard/Bloomberg/Getty Images Roaring Kitty was one of the leading forces on the WallStreetBets subreddit that drove eye-popping returns in GameStop’s stock during the pandemic.…

Federal regulators on Monday approved sweeping changes to how America’s electric grids are planned and funded, in a move that supporters hope could spur thousands of miles of new high-voltage power lines and make it easier to add more wind and solar energy.The new rule by the Federal Energy Regulatory Commission, which oversees interstate…

On the eve of a marquee week of modern and contemporary art auctions that begin Monday night, Guillaume Cerruti, the chief executive of Christie’s, confirmed that all the company’s live auctions would proceed as scheduled, with bidding in person and by phone, despite a hack that has sidelined its official website since last Thursday. The hack…

2 Hours AgoEuropean markets open mixedEuropean markets kicked off the new trading week in mixed territory, with pan-European Stoxx 600 gaining slightly to trade up 0.03%.The U.K.'s FTSE 100 index was 0.07% higher at 8,439, Germany's DAX was down 0.13% at 18,748, France's CAC was 0.4% lower at 8,216 and Italy's FTSE MIB was up 0.4% at 34,808.7…