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Money & Markets

Amazon to bring one-day delivery to Prime members

NEW YORK — Two-day delivery is going out of style. Amazon, which hooked shoppers on getting just about anything delivered in two days, announced Thursday that it will soon promise one-day delivery for its U.S. Prime members on most items. The company hopes that cutting delivery times in ...

Facebook anticipates an FTC privacy fine of up to $5 billion

SAN FRANCISCO — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users’ privacy. The company set aside $3 billion in its quarterly earnings report Wednesday as a contingency against the ...

US expands probe into air bag failures to 12.3M vehicles

DETROIT — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a crash. The problem could be responsible for as many as eight deaths. Vehicles made by Toyota, Honda, Kia, ...

Coming to store shelves: cameras that guess your age and sex

NEW YORK — Eyeing that can of soda in the supermarket cooler? Or maybe you’re craving a pint of ice cream? A camera could be watching you. But it’s not there to see if you’re stealing. These cameras want to get to know you and what you’re buying. It’s a new technology being ...

Medicare, Social Security face shaky fiscal futures

WASHINGTON — The financial condition of the government’s bedrock retirement programs for middle- and working-class Americans remains shaky, with Medicare pointed toward insolvency by 2026, according to a report Monday by the government’s overseers of Medicare and Social Security. It ...

US to sanction nations for importing Iranian oil

WASHINGTON — The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran, officials said Sunday. Secretary of State Mike Pompeo plans to announce on ...

Food stamps and online grocery shopping are about to mix

NEW YORK — Amazon and Walmart on Thursday kicked off a two-year government pilot program allowing low-income shoppers on government food assistance in New York to shop and pay for their groceries online for the first time. ShopRite will join the two retailers on the program early next week, ...

Trump cracks down on Cuba, Nicaragua and Venezuela

CORAL GABLES, Fla. — The Trump administration on Wednesday intensified its crackdown on Cuba, Nicaragua and Venezuela, rolling back Obama administration policy and announcing new restrictions and sanctions against the three countries whose leaders national security adviser John Bolton dubbed ...

Netflix adds 9.6M subscribers in 1Q as competition heats up

SAN FRANCISCO — Netflix kicked off the year with the biggest subscriber gains in the history of its video-streaming service, but it still managed to disappoint investors by forecasting a springtime slowdown. The strong first-quarter performance coincided with Netflix’s biggest U.S. price ...

Electric car makers woo Chinese buyers with range, features

SHANGHAI — Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. Communist leaders wanting China to lead in ...

Study finds diabetes drug may prevent, slow kidney disease

A drug that’s used to help control blood sugar in people with diabetes has now been shown to help prevent or slow kidney disease, which causes millions of deaths each year and requires hundreds of thousands of people to use dialysis to stay alive. Doctors say it’s hard to overstate the ...

China’s auto show highlights electric ambitions

BEIJING — This year’s Shanghai auto show highlights the global industry’s race to make electric cars Chinese drivers want to buy as Beijing winds down subsidies that promoted sales. Communist leaders are shifting the burden to automakers by imposing mandatory sales targets for ...

Southwest doesn’t plan to use Boeing Max jets until August

DALLAS — Southwest Airlines customers relaxing on Thursday evening got an email that may mean their summer vacation could be more stressful and expensive than they planned. Southwest, the biggest operator of Boeing jets, is removing the grounded 737 Max from its schedule until at least Aug. ...

Uber reveals strong growth, huge losses ahead of IPO

SAN FRANCISCO — Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market, revealing strong growth but an ongoing struggle to overcome huge losses and repair its reputation. Documents released Thursday offered the most detailed ...

National Enquirer parent company explores possible sale of tabloid

NEW YORK — The supermarket tabloid under fire for paying hush money to a former Playboy model to help Donald Trump in his 2016 presidential campaign is on the auction block. The parent of the National Enquirer said Wednesday that it is exploring a possible sale as part of a “strategic” ...

NYC orders mandatory vaccines for some amid measles outbreak

NEW YORK — Health officials Tuesday ordered nearly everyone in a heavily Orthodox Jewish New York City neighborhood to be vaccinated for measles or face fines, reviving a public-health strategy that experts say hasn’t been used in the U.S. in recent memory. The emergency order came as the ...

Casino-operating tribes influence sports betting debate

ST. PAUL, Minn. — Native American tribes have emerged as key players in the legislative debates over whether states should legalize sports betting, with some opposing the idea because it could threaten their casinos and others supporting legalization but only if they retain a monopoly. In ...

Real or artificial? Tech titans declare AI ethics concerns

the Associated Press The biggest tech companies want you to know that they’re taking special care to ensure that their use of artificial intelligence to sift through mountains of data, analyze faces or build virtual assistants doesn’t spill over to the dark side. But their efforts to ...

Job gain points to a US economy slowing but hardly stalling

WASHINGTON — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that ...

China’s construction binge spreads to Americas, rattles US

PANAMA CITY — China’s expansion in Latin America of its Belt and Road initiative to build ports and other trade-related facilities is stirring alarm in Washington over Beijing’s ambitions in a region that American leaders since the 19th century have seen as off-limits to other ...