OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders. The company’s board is considering a decision that would change the company into a public benefit corporation,…… MORE
DALLAS (AP) — Southwest Airlines executives have unveiled their vision for turning the carrier into an airline that gives passengers assigned seats, charges them extra for more legroom and offers red-eye flights but bags still fly free. The airline announced on Thursday that it plans to end the open-boarding system it has used for more…… MORE
The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs. Mortgage buyer Freddie Mac said Thursday that the rate dipped to 6.08% from to 6.09% last week. A year…… MORE
Associated Press – (WBAP/KLIF) – New York City Mayor Eric Adams was indicted on charges alleging that he took bribes and illegal campaign contributions from foreign sources. Adams said at a news conference that he was not surprised by the indictments, and vowed to continue his mayoral duties. What to know: Adams says he won’t…… MORE
UPDATE; 11:15AM; Fire officials have lifted the “shelter in place” order in Frisco resulting from the chemical fire at the Texas Pool Supply Warehouse; the fire is out, and Public Information Officer Kelli Kistner reports fire fighting foam was mopped up in a manner to ensure it would not run off to contaminate water supplies.…… MORE
BEIRUT (AP) — Israel has killed a top Hezbollah commander as part of a two-day bombing campaign that has left more than 560 people dead and prompted thousands in southern Lebanon to seek refuge from the widening conflict. With the two sides on the brink of all-out war, Hezbollah launched dozens of rockets into Israel…… MORE
SEATTLE (AP) — Boeing is giving the union for 33,000 striking workers more time, but it still wants a vote on its latest contract proposal. The strike entered its 12th day Tuesday with no end in sight. The company says its “best and final” offer would raise pay by 30% over four years. The union…… MORE
NEW YORK (AP) — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market. The complaint filed Tuesday says Visa penalizes merchants and banks who don’t use Visa’s own payment processing technology to process debit…… MORE
SAVANNAH, Ga. (AP) — Donald Trump has pledged to stop U.S. businesses from shipping jobs overseas and to take other countries’ jobs and factories by relying heavily on sweeping tariffs. That’s despite economists’ persistent warnings that doing so could also dramatically raise prices for domestic consumers. The former president laid out a broad array of…… MORE
WASHINGTON (AP) — American consumers are feeling less confident this month and concerns about jobs rose significantly. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 98.7 in September, from 105.6 in August. It was the biggest month=to-month decline since August of 2021. The index measures both Americans’…… MORE
