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Business News
The stock market has skyrocketed to start 2024. Will it continue?
The S&P 500 has climbed 10% this year.
March 28, 2024Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges
Atlantic City Mayor Marty Small says he remains committed to his family and to his city as he deals with charges that he and his wife abused their teenage daughter
April 18, 2024A timeline of the historic collapse of FTX
Bankman-Fried received a sentence of 25 years in prison on Thursday.
March 28, 2024
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36 minutes ago
FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes
FedEx has pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes
36 minutes ago
1 hour ago
A former Russian tycoon who once led separatist region launches a hunger strike in Azerbaijan jail
Family members say a former Russian tycoon jailed in Azerbaijan on charges stemming from his time as a top separatist figure in the Karabakh region has gone on a hunger strike
1 hour ago
1 hour ago
Tennessee Volkswagen workers to vote on union membership
The United Auto Workers’ ambitious drive to expand its reach to nonunion factories across the South and elsewhere faces a key test Friday night, when workers at a Volkswagen plant in Chattanooga, Tennessee, will finish voting on whether to join the union
1 hour ago
2 hours ago
Apple pulls WhatsApp and Threads from App Store on Beijing's orders
Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China on Beijing’s orders
2 hours ago
2 hours ago
US sanctions fundraisers for extremist West Bank settlers who commit violence against Palestinians
The Biden administration is imposing sanctions on two entities accused of fundraising for extremist Israeli-occupied West Bank settlers who have harassed and attacked Palestinians
2 hours ago
2 hours ago
France asks retailers to alert customers to cases of 'shrinkflation'
The French government has announced a new rule that will require stores to tell customers when a product becomes smaller but its price stays the same or increases
2 hours ago
2 hours ago
American Express profits jump 34%, helped by jump in new customers, higher spending
Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards
2 hours ago
3 hours ago
EPA designates 2 forever chemicals as hazardous substances, eligible for Superfund cleanup
A group that represents the chemical industry says it strongly opposes the Environmental Protection Agency's designation of two forever chemicals used in cookware, carpets and firefighting foams as hazardous substances
3 hours ago
3 hours ago
Tesla recalling more than 3,000 of its 2024 Cybertrucks due to faulty pedal
Tesla is recalling nearly 4,000 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crash
3 hours ago
3 hours ago
Israel's long-term credit rating is downgraded by S&P, 2nd major US agency to do so, citing conflict
Israel’s long-term credit rating is being downgraded by S&P, which cited the risk of military escalation with Iran
3 hours ago
4 hours ago
Olympic organizers unveil strategy for using artificial intelligence in sports
Olympic organizers have unveiled their plans to use artificial intelligence in sports, joining the global rush to capitalize on the rapidly advancing technology
4 hours ago
April 19
UAW vote at Tennessee plant will test resurgent labor movement
4,000 workers at the Volkswagen facility are eligible to vote.
April 19
April 19
Biden administration restricts oil and gas leasing in 13 million acres of Alaska's petroleum reserve
The U.S. oil industry’s top lobbying group says Biden administration rules restricting oil and gas leasing in 13 million acres of Alaska’s petroleum reserve are “misguided
April 19
April 19
Japanese doctors demand damages from Google over "groundless" reviews
A group of Japanese doctors has filed a civil lawsuit against U.S. search giant Google, demanding damages for what they say are results showing unpoliced derogatory and often false comments
April 19
April 19
Staff and shoppers return to 'somber' Sydney shopping mall 6 days after mass stabbings
Shoppers and workers have returned to a “really quiet” Sydney mall, where six days earlier an assailant stabbed six people to death in an attack that police believe targeted women
April 19
April 19
Stock market today: Wall Street limps toward its longest weekly losing streak since September
Wall Street’s latest losing week looks to be coming to a relatively quiet close
April 19
April 19
3 dead amid heavy flooding caused by record rain in the UAE
Officials say three people have died in the United Arab Emirates as a result of heavy flooding caused by record-setting rains this week
April 19
April 19
BNSF Railway says it didn't know about asbestos that's killed hundreds in Montana town
BNSF Railway attorneys are expected to argue before jurors that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos-contaminated Montana town
April 19
April 19
A trial is underway for the Panama Papers, a case that changed the country's financial rules
Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles
April 19
April 19
Finding an apartment may be easier for California pet owners under new legislation
A bill in California wants to make more rental housing available to tenants with pets
April 19
April 18
Google is combining its Android software and Pixel hardware divisions to more broadly integrate AI
Google says it will combine the software division responsible for Android mobile software and the Chrome browser with the hardware division known for Pixel smartphones and Fitbit wearables
April 18
April 18
Nevada Supreme Court rulings hand setbacks to gun-right defenders and anti-abortion activists
Nevada's Supreme Court has handed setbacks to gun-right defenders and anti-abortion activists in two new rulings
April 18
April 18
US committee releases sealed Brazil court orders to Musk's X, shedding light on account suspensions
A U.S. congressional committee has released confidential Brazilian court orders to suspend accounts on the social media platform X
April 18
April 18
Kentucky governor announces lottery to award initial round of medical cannabis business licenses
Gov. Andy Beshear says Kentucky will use a lottery to award licenses to businesses competing to participate in the state’s startup medical cannabis program
April 18
April 18
Bitcoin's next 'halving' is right around the corner. Here's what you need to know
Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half
April 18
April 18
Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video stre...
April 18
April 18
San Francisco sues Oakland over new airport name that includes 'San Francisco'
San Francisco has sued Oakland after officials there voted in favor of changing the name of the city’s airport to San Francisco Bay Oakland International Airport
April 18
April 18
Civilian interrogator defends work at Abu Ghraib, tells jury he was promoted
A civilian interrogator who worked 20 years ago at the infamous Abu Ghraib prison in Iraq told jurors in Virginia that he never abused detainees and was actually promoted for doing a good job
April 18
April 18
How major US stock indexes fared Thursday, 4/18/2024
U.S. stock indexes drifted to a mixed close following more reports showing the economy remains stronger than expected
April 18
April 18
World Bank's Banga wants to make gains in tackling the effects of climate change, poverty and war
It's a full agenda for Ajay Banga as he nears the end of his first year as World Bank president
April 18
April 18
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for May delivery rose 4 cents to $82.73 per barrel Thursday
April 18
April 18
Coyotes officially leaving Arizona for Salt Lake City following approval of sale to Utah Jazz owners
The Arizona Coyotes are officially headed to Salt Lake City
April 18
April 18
Liquor sales in movie theaters, to-go sales of cocktails included in New York budget agreement
New York would expand access to booze under a series of measures unveiled on Thursday as part of a larger state budget agreement
April 18
April 18
Missouri lawmakers back big expansion of low-interest loans amid growing demand for state aid
Persistently high interest rates have led Missouri lawmakers to significantly expand a state loan program for farmers and small businesses
April 18
April 18
Convenience store chain with hundreds of outlets in 6 states hit with discrimination lawsuit
The Sheetz convenience store chain has been hit with a lawsuit by federal officials who allege the company discriminated against minority job applicants
April 18
April 18
Biden administration moves to make conservation an equal to industry on US lands
The Biden administration is moving to let conservationists lease government land for restoration
April 18
April 18
Legislation that could force a TikTok ban revived as part of House foreign aid package
Legislation that could ban TikTok if its China-based owner doesn’t sell its stake has won a major boost as House Republicans included it in a package of bills that would send U.S. aid to Ukraine and Israel
April 18
April 18
Not only New York casinos threaten Atlantic City. Developer predicts Meadowlands casino is coming
Atlantic City casinos are bracing for new threats from as many as three new casinos in or near New York City
April 18
April 18
Shares of Walmart-backed Ibotta soar on public debut
Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in their Wall Street debut
April 18
April 18
Tesla shares tumble below $150 per share, giving up all gains made over the past year
Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers
April 18
April 18
Workers at Mercedes factories near Tuscaloosa, Alabama, to vote in May on United Auto Workers union
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union
April 18
April 18
Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users
Generative AI is advancing so quickly that the latest chatbots available today could be out of date tomorrow
April 18
April 18
Ally Financial, CSX rise; Equifax, Synovus Financial fall, Thursday, 4/18/2024
Stocks that traded heavily or had substantial price changes on Thursday: Ally Financial, CSX rise; Equifax, Synovus Financial fall
April 18
April 18
Average long-term US mortgage rate climbs above 7% to highest level since late November
Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months
April 18
April 18
Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges
Atlantic City Mayor Marty Small says he remains committed to his family and to his city as he deals with charges that he and his wife abused their teenage daughter
April 18
April 18
EU proposes youth mobility agreement with UK to help youngsters travel, work and live in both areas
The European Commission is proposing to open negotiations with the United Kingdom to allow young people to move freely, work and study in both regions after Brexit — the U.K.’s departure from the EU four years ago
April 18
April 18
Booming cold drink sales mean more plastic waste. So Starbucks redesigned its cups
Booming sales of cold drinks at Starbucks stores have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced drinks are served in
April 18
April 18
Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising
The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices
April 18
April 18
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies
The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but “there is plenty to worry about,″ including stubborn i...
April 18
April 18
Google fires 28 workers in aftermath of protests over big tech deal with Israeli government
Google has fired 28 employees in the aftermath of protests over technology that the internet company is supplying the Israeli government amid the Gaza war, further escalating tensions surrounding a hot-button deal
April 18