General Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.
The state Department of Motor Vehicles asked for the reduction after a Cruise vehicle without a human driver collided with an unspecified emergency vehicle on Thursday.
“The DMV is investigating recent concerning i…
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Myrtle Witbooi was just 18-years-old when she convened the first ever meeting of domestic workers in Cape Town, South Africa. It was 1965, during the apartheid years of racial segregation, and Witbooi’s actions carried great risk. “We weren’t supposed to disobey the people we were working for,” Witbooi, now 74, tells TIME in an interview over the phone. “Still toda…
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This year, TIME launched its inaugural list of America’s Top Law Firms, in partnership with Statista, a leading international provider of market and consumer data and rankings. The result of this survey: the 150 most recommended law firms in the country. Here’s how the winners were selected.
Methodology
The “America’s Top Law Firms 2024” list is based on recommendations made by …
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Immediately after Shinzo Abe was assassinated by a gunman on July 8, a rumor quickly spread on Japanese social media. It falsely claimed that the suspect was a “Zainichi Korean.” The term generally applies to descendants of Korean people who emigrated to Japan between 1910 and 1945—a period when Japan occupied Korea. They are the most targeted minority in Japan and suffer from…
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Facebook Inc. wants Federal Trade Commission Chair Lina Khan to be recused from participating in decisions about the agency’s monopoly lawsuit against the company, saying her past criticism of Facebook means she’s biased.
On Wednesday, Facebook filed a petition with the FTC, asking that she be barred from any involvement in the antitrust case.
“For the entirety of …
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The U.S. economy shrank for a second straight quarter, raising chances of a recession, as decades-high inflation undercut consumer spending and Federal Reserve interest-rate hikes stymied business investment and housing demand.
Gross domestic product fell at a 0.9% annualized rate after a 1.6% decline in the first three months of the year, the Commerce Department’s preliminary estim…
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For the first time, TIME will debut a ranking of the World’s Top EdTech Companies, in partnership with Statista, a leading international provider of market and consumer data and rankings. This new list will identify the most innovative, impactful, and growing companies in EdTech, which have established themselves as leaders in the EdTech industry.
Companies that focus primarily on devel…
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In June, Pakistan was in a race against time to secure $1.1 billion from the International Monetary Fund (IMF) in a bid to solve its worst economic crisis since gaining independence from Britain in 1947. Days before an existing bailout package was set to expire, the country’s prime minister, Shehbaz Sharif, held last-minute talks with the IMF after scrambling to meet its austerity conditi…
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In his first big policy speech on becoming Japan’s 100th prime minister, Fumio Kishida doubled down on campaign promises to redistribute wealth and shrink inequality. “If you want to go fast, go alone; if you want to go far, go together,” Kishida told lawmakers on Oct. 8, quoting a proverb of hotly contested provenance.
But the “new form of Japanese capitalism&rdqu…
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Outdoor retailer Patagonia has never been shy about its corporate activism. Its founder Yvon Chouinard has now shown that he is willing to put his money where his mouth is, by giving the company away in an effort to fight environmental crises.
Nearly 50 years after Chouinard, himself a rock climber, founded the company, he has taken a unique approach to exiting the business. Rather than …
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