Business News

The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession.”

Stocks in Asia are trading higher after a rally on Wall Street that pulled the S&P 500 back within 1% of its record

Sega Sammy is selling its Japanese resort complex Seagaia to Fortress Investment Group of the U.S. The Japanese entertainment company behind the “Sonic the Hedgehog” video games, said Friday that all of its shares in Phoenix Resort Co., which operates ...

California Gov. Gavin Newsom is preparing to update his budget proposal

California is partnering with five companies to develop generative AI tools to help the state deliver public services

Lithuania is holding a presidential election on Sunday at a time when Russian gains on the battlefield in Ukraine are fueling greater fears across all of Europe about Moscow's intentions

A top Baidu public relations executive has reportedly departed the Chinese technology company after she drew public outcry over comments that were seen as glorifying a culture of overwork

An annual survey of more than 500 European companies has found that slowing growth in China is weighing on company plans to grow their businesses in the world’s second largest economy

Air Vanuatu has filed for bankruptcy protection a day after it cancelled all international flights, stranding thousands of travelers

The announcement of Sweetgreen salad chain that it’s adding beef to its menu led to strong reactions online, with customers questioning the company’s carbon neutral plans

The Senate has passed a $105 billion bill designed to improve air safety and customer service for air travelers, a day before the law governing the Federal Aviation Administration expires

A Colorado abortion fund said Thursday it’s helped hundreds access abortion in the first months of 2024, the majority arriving from Texas where abortion is restricted

The nation’s largest public utility pledged to be more transparent after it took months to disclose that a general budget vote by its board last year also gave the CEO the final decision over several proposed natural gas power plants

U.S. stocks rose to pull the S&P 500 back within 1% of its record following a rough April

Benchmark U.S. crude oil for June delivery rose 27 cents to $79.26 per barrel Thursday

Utilities looking to finish building a high-voltage power line linking Iowa and Wisconsin have completed a contentious land deal allowing them to cross a Mississippi River federal wildlife refuge

A financial executive has been convicted of enabling his boss and others to make millions of dollars illegally by trading ahead of the public announcement that an acquisition firm was taking former President Donald Trump's media company public

A newly released ad promoting Apple’s new iPad Pro has struck quite a nerve online

Maryland Gov. Wes Moore has signed a measure to rebuild Baltimore’s historic but antiquated Pimlico Race Course and transfer the track to state control

The move could add thousands to a borrower's total payments, one expert said.

The Supreme Court has sided with a music producer in a copyright case, allowing him to seek more than a decade's worth of damages over a sample used in a Flo Rida song

Police in Vietnam say they have arrested a senior official of the country’s labor ministry for “deliberately disclosing state secrets.”

Stocks that traded heavily or had substantial price changes on Thursday: Airbnb, Topgolf Callaway fall; AppLovin, Cheesecake Factory rise

Plus, Biden defends his economic records and Disney and Warner Brothers’ Discovery to launch streaming bundle.

The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home shoppers already facing the challenges of rising housing prices and a shortage of homes for sale

The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard

A top public relations executive from Chinese technology firm Baidu has apologized after she made comments that were seen as glorifying a culture of overwork

Argentina’s biggest trade unions have mounted one of their fiercest challenges to the libertarian government of President Javier Milei

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening

If your heart is telling you to give a luxurious bouquet of flowers, but your wallet is saying shop at the supermarket, fear not

The social platform has a viable case but faces challenges, experts said.

TikTok says it’s going to start automatically labeling content that’s made by artificial intelligence when it’s uploaded from certain platforms

Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found

The Taliban are warning journalists and experts against working with Afghanistan International TV

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target

Bank of England keeps its main UK interest rate on hold at 5.25% but indicates that cuts may be imminent

Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires

Senegal’s transport minister says a Boeing 737 plane carrying 85 people caught fire and skidded off a runway at an airport near the country's capital, Dakar, and that 10 people were injured

The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country

Nissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China

Stocks in Asia are mixed after a rally on Wall Street that pulled the S&P 500 back within 1% of its record

Former Fijian Prime Minister Frank Bainimarama has been sentenced to a year in prison for interfering in a criminal investigation while leading the government of his South Pacific island nation

Yemen’s Houthi rebels have claimed responsibility for two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage

The European Union marks its annual Europe Day on Thursday

China reported Thursday that its exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery

A battle is underway in California between a unit of the Wonderful Co. and United Farm Workers over how a group of workers organized under a recently-enacted labor law

ABC News’ Linsey Davis spoke with reporter Dana Mattioli who investigates Amazon’s business practices in “The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power.”

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households

A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital ...

Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading