Business Highlights

___ Stocks drop, but hold on to weekly gains after a big rally Stocks fell more than 3% on Wall Street, giving back part of the gains they piled up over the past th...

SoftBank to buy back $41 billion in assets to trim debt

BANKGOK (AP) — The Japanese technology and telecoms company SoftBank said Monday it plans to buy back up to 4.5 trillion yen ($41 billion) of its assets as it seeks to trim its gigantic debt burden. ...

Computer-graphics pioneers win tech's Turing prize

The technology that animated movies like “Toy Story” and enabled a variety of special effects is the focus of this year’s Turing Award, the technology industry’s version of the Nobel Prize. ...

Pentagon reconsiders Microsoft contract after Amazon protest

WASHINGTON (AP) — The Pentagon is reconsidering its awarding of a major cloud computing contract to Microsoft after rival tech giant Amazon protested what it called a flawed bidding process. ...

Pope cancels audiences for third day with apparent cold

VATICAN CITY (AP) — Pope Francis canceled official engagements for the third day in a row Saturday as he battled an apparent cold. The 83-year-old pope, who lost part of a lung to a ...

Carnage on Wall Street, but some companies thrive or recover

U.S. markets are heading for their worst week since the financial crisis with the final tally of economic damage from a spreading virus still unknown. That doesn't mean there isn't ...

Abe: Flex hours, work style among key steps to fight virus

TOKYO (AP) — Japanese Prime Minister Shinzo Abe said Tuesday that companies should allow employees to work from home and hospitals must expand their treatment capacity in order for Japan to control it...

More companies get into business of Black History Month

NEW YORK (AP) — From shoes and T-shirts to dolls and tote bags, more companies and brands are getting into the business of Black History Month but trying not to leave the impression that African Ameri...

Pentagon adopts new ethical principles for using AI in war

The Pentagon is adopting new ethical principles as it prepares to accelerate its use of artificial intelligence technology on the battlefield. The new principles call for people to "...

Coronavirus presents opportunity for Taiwan's smart manufacturing

TAIPEI (Taiwan News) — Taiwan should leverage its strengths in the manufacturing and ICT industries to promote smart manufacturing in the wake of the coronavirus outbreak, according to a governm...

Can AI flag disease outbreaks faster than humans? Not quite

BOSTON (AP) — Did an artificial-intelligence system beat human doctors in warning the world of a severe coronavirus outbreak in China? In a narrow sense, yes. But what the humans lac...

EU proposes rules for artificial intelligence to limit risks

LONDON (AP) — The European Union unveiled proposals Wednesday to regulate artificial intelligence that call for strict rules and safeguards on risky applications of the rapidly developing technology. ...

US impressed by Taiwan-developed mask availability digital maps

TAIPEI (Taiwan News) — Many countries have been impressed by Taiwan-developed digital maps that provide information about facial mask availability, which are in short supply due to the coronavir...

Cloud service stocks set to gain from Wuhan virus outbreak

TAIPEI (Taiwan News) — Shares in cloud services are likely to rebound in the second quarter when Wuhan virus (COVID-19) cases are expected to gradually taper off, according to market analysts. ...

Andrew Yang ends 2020 US presidential bid

Democrat Andrew Yang, an entrepreneur who created buzz for his presidential campaign by talking about his love of math and championing a universal basic income that would give every American adult $1,...