Google parent company Alphabet has taken a beating in the stock market since pulling the plug on features of its artificial intelligence tool, Gemini, after users flagged its bias against White people. Data provided to FOX Business from Dow Jones shows that since Google hit pause on Gemini's image generation on Feb. 22, Alphabet shares have fallen 5.4%, while its market cap has fallen from $1.798 trillion to $1.702 – a loss of $96.9 billion. Ticker Security Last Change Change % GOOG ALPHABET INC. 137.43 -2. ...

The Federal Aviation Administration (FAA) announced Wednesday that it is giving Boeing 90 days to develop a comprehensive action plan that will address "systemic quality-control issues."  FAA Administrator Mike Whitaker said the airplane manufacturer – still reeling from an incident involving a Max 9 jet that lost a door plug mid-flight earlier this year – "must commit to real and profound improvements." Whitaker informed top Boeing officials, including CEO Dave Calhoun, of the agency's demands during a saf ...

The lawsuit filed by the Biden administration's Federal Trade Commission (FTC) to block the proposed $24.6 billion merger between Kroger and Albertsons has kick-started a debate over whether the tie-up would undermine competition, as the agency contends, or if it would be beneficial for consumers. The deal would see Kroger acquire Albertsons and its subsidiaries to position the supermarkets to better compete with big-box retailers like Walmart and Costco. Kroger has said that no stores would close due to th ...

A panel of experts appointed to review Boeing's safety management processes found a "disconnect" between the aerospace giant's senior management and employees on safety culture and other issues. The panel was appointed by the Federal Aviation Administration (FAA) under a law passed by Congress after two fatal Boeing 737 Max crashes in 2018 and 2019 that killed 346 people in Indonesia and Ethiopia, respectively. The panel began its work in early 2023, predating the recent mid-flight loss of the plug door pan ...

Apple is reportedly abandoning efforts to build an electric car after spending nearly a decade and billions of dollars on the project. Citing people familiar, Bloomberg reported that Apple announced internally Tuesday that it was canceling its EV endeavor, dubbed Project Titan, surprising the nearly 2,000 employees that have been working on it. The outlet said some of the workers would be redirected to focus on Apple's generative artificial intelligence division, while others will be laid off.GOOGLE GEMINI ...

Toyota on Tuesday announced that it will recall about 381,000 Toyota Tacoma pickup trucks to address an issue with parts falling off the rear axle that can impact the vehicle's performance and raise the risk of a crash. The auto recall applies to certain model year 2022 and 20233 Toyota Tacoma trucks sold in the U.S. and the company has indicated that customers will be notified about the recall through the mail by late April 2024."Welding debris left on the ends of the rear axle assembly during manufacturin ...

Ryanair is warning it may have to raise prices for flights and cut some routes from its summer flight offerings due to delays with Boeing 737 Max production that will leave it with fewer aircraft than expected at its busiest time of the year. The Dublin, Ireland-based airline said it was slated to receive 57 Boeing 8200 aircraft, which are a variant of the 737 Max, before the end of April but was notified by Boeing over a week ago that it will receive around 50 of the airliners by the end of June. The situa ...

The Federal Trade Commission (FTC) sued to block the proposed $24.6 billion merger of Kroger and Albertsons, alleging that the deal is anticompetitive. The deal has faced fierce pushback from the government over concerns that it would lead to higher prices and lower-quality goods for millions of Americans. "Kroger’s acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today," said Henry Liu, dir ...

As investment accounts for teens surge in popularity, one high school junior says she started investing at the age of 14 years old and was so successful, she bought her own Tesla. "I first… started making an income when I was 14, and it was because of social media," Sophia Castiblanco said on FOX Business’ "The Big Money Show" Friday."I've always kind of had a business mindset of wanting to make money, and I'm very okay with taking risk," she continued.  THIS IS THE BEST TIME TO GIVE MONEY TO YOUR KIDS, ACC ...

A McDonald’s customer in Boston, Massachusetts, allegedly became angry and punched an employee at the restaurant because they touched the lid of his drink, according to police. The unnamed customer, identified only as a 34-year-old man, punched the fast food worker "several times" on Saturday at around 7 p.m., Massachusetts Bay Transportation Authority Transit Police wrote on X, formerly Twitter.The suspect was arrested and transported to MBTA police headquarters for booking. MCDONALD'S CEO SAYS FAST FOOD C ...