BANGKOK — The ride sharing giant Uber and Chinese automaker BYD plan a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America, eventually expanding to other markets, the companies announced. The arrangement would offer Uber drivers access to favorable pricing, insurance, financing and other services for BYD vehicles, the companies said in a statement seen Thursday. Plans call…

LONDON — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020 as inflationary pressures in the economy have eased. In a statement Thursday, the bank said that by a 5-4 margin, its policymaking panel backed a quarter-point reduction in its main interest rate to 5%, from the 16-year high of 5.25%. It’s…

India has offered Vietnam a $300 million loan to build up the Southeast Asian country’s maritime security, as the two sides say they want to double their trade and investment within five years ByASHOK SHARMA Associated Press NEW DELHI — India on Thursday offered a $300 million loan to build up Vietnam’s maritime security, as the two sides said they want to double their trade…

The Justice Department sued TikTok on Friday, accusing the company of violating children’s online privacy law and running afoul of a settlement it had reached with another federal agency. The complaint, filed together with the Federal Trade Commission in a California federal court, comes as the U.S. and the prominent social media company are embroiled in yet another legal battle that will determine if –…

LOS ANGELES — More than 300 video game performers and Hollywood actors picketed in front of the Warner Bros. Studios building on Thursday to protest against what they call an unwillingness from top gaming companies to protect union voice actors and motion capture workers equally against the unregulated use of artificial intelligence. Standing before the crowd, Duncan Crabtree-Ireland, national executive director of the Screen Actors…

A New York official says a village’s former clerk will be the first politician to forfeit their pension under a state anti-corruption law after she stole over $1 million ADDISON, N.Y. — A New York village’s former clerk will be the first politician to forfeit their pension under a state anti-corruption law after she stole over $1 million, an official said Thursday. Ursula Stone pleaded…

WILMINGTON, Del. — Attorneys for Elon Musk and Tesla’s corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive and unprecedented pay package for Musk. Friday’s hearing follows a January ruling in which Chancellor Kathaleen St. Jude McCormick concluded that Musk engineered the landmark 2018 pay package in sham negotiations with directors who were not independent. The…

BISMARCK, N.D. — North Dakota voters will decide this fall whether to eliminate property taxes in what would be a first for a state and a major change that officials initially estimate would require more than $1 billion every year in replacement revenue. Secretary of State Michael Howe’s office said Friday that backers submitted more than enough signatures to qualify the constitutional initiative for the…

NEW YORK — Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 sank 1.8% for its first back-to-back losses of at least 1% since April. The Dow Jones Industrial Average dropped 610 points, or 1.5%, and the Nasdaq composite fell 2.4% as a sell-off for stocks whipped all the…

Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years ByKEN RITTER Associated Press Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a final federal tax court decision…