Category Business

Russia says it shot down Ukrainian drone near air base

KYIV, Ukraine — The Russian military reported Monday that it shot down a Ukrainian drone approaching an air base deep inside Russia, the second time the facility has been targeted this month — again revealing weaknesses in Russia’s air defenses.…

Regulators to announce decision in $31B freight rail merger

OMAHA, Neb. — The first major railroad merger since the 1990s could be approved Wednesday when federal regulators announce their decision on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad. The U.S. Surface Transportation Board has been reviewing…

Regulators take aim at AI to protect consumers and workers

NEW YORK — As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when they’re using AI. Already, automated systems and algorithms help determine credit…