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Amazon reports its first unprofitable year since 2014
The biggest culprit was Amazon hefty investment in the electric automaker Rivian, whose value plummeted last year. Amazon also contends with the need to recalibrate after a pandemic-era upsurge.
The Fed continues its crackdown on inflation, pushing up interest rates again
The Federal Reserve raised interest rates by half a percentage point Wednesday, which was a smaller increase than the four previous hikes.
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3:35
Fox News settles defamation lawsuit with election tech firm Dominion Voting Systems
Fox News has settled a lawsuit over false claims it aired following the 2020 presidential election. It will pay nearly $790 million to Dominion Voting Systems.
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3:34
Politicians, Rabbis Among Arrested In N.J. Probe
FBI agents fanned out across northern New Jersey today and made arrests in a corruption investigation that includes two mayors. Officials say politics and religion were used to cloak crimes and enrich the suspects.
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3:42
5 Americans freed from prison in Iran land on U.S. soil
The former prisoners were tearfully reunited with family and friends at the airport, hugging and crying after years of enforced separation.
HBCUs recruit international athletes for tennis. Some are calling it into question
When it come to tennis, many historically Black colleges and universities recruit international players, despite growth in the sport among African Americans
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3:43
HBCUs recruit international athletes for tennis. Some are calling it into question
When it comes to tennis, many Historically Black Colleges and Universities recruit international players, despite growth in the sport among African Americans. (Story aired on ATC on Nov. 14, 2023.)
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3:36
Appeals court panel refuses to delay Trump ally Steve Bannon’s prison sentence
Steve Bannon, a longtime ally of Donald Trump, is supposed to report to prison by July 1 to begin serving his four-month sentence for contempt of Congress.
2 private lunar landers head toward the moon in a roundabout journey
In a two-for-one moonshot, SpaceX launched a pair of lunar landers Wednesday for U.S. and Japanese companies looking to jumpstart business on Earth's dusty sidekick.
Trump pauses funding for anti-HIV program that prevented 26 million AIDS deaths
On Friday, a memorandum signed by Marco Rubio called for a 90-day cessation of foreign aid. That would likely put on hold the work of PEPFAR, the President's Emergency Plan for AIDS Relief.
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