Man convicted in arson attack in Japan sentenced to death

An inflation gauge closely tracked by the Federal Reserve shows price pressures continue to cool

GM’s Cruise self-driving car unit on Thursday revealed Justice Department and Securities and Exchange Commission probes stemming from an October accident in which one of its robotaxis dragged a pedestrian who had been struck by another car. Cruise reported the government investigations in a blog post in which the company also vowed to reform its culture stemming from…

The geezers are coming! The geezers are coming!  Demographic doomsayers warn slowing birth rates and graying populations will wreak economic havoc and torpedo stocks. Yet the dire scenarios of zombie-like boomer hoards leeching off their working progeny have it backwards: Aging populations are always, everywhere signs of progress — not threats to it.  Yes –…

A company that just listed shares in the US is making a brazen bet that cocaine will be legalized.  Canada-based Safe Supply claims it’s on “the forefront of the third wave of drug policy reform” – and is lobbying for an end to the war on drugs and the legalization of banned substances like LSD…

Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weakness in its wholesale business. Levi attributed the weak forecast to plans to exit its Denizen brand and cut back on off-price sales,…

ULAANBAATAR, Mongolia — A truck carrying 60 tons of liquefied natural gas and a car collided at an intersection in the Mongolian capital early Wednesday, causing a massive fireball and a series of explosions that killed three firefighters and injured 11 people, officials said. Images showed the huge blaze at the scene of the crash…