Business News

Latest Business Video

Latest Business Headlines

13 minutes ago

FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement

The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access
13 minutes ago
FILE - A person pushes the doorbell on his Ring doorbell camera, July 16, 2019, at his home in Wolcott, Conn. The Federal Trade Commission is sending $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. (AP Photo/Jessica Hill, File)
19 minutes ago

U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions

Acting U.S. Labor Secretary Julie Su says workers at southern auto plants should be free to unionize without employer or political interference, even as some southern states pass new laws meant to inhibit organized labor
19 minutes ago
Acting United States Secretary of Labor Julie Su poses for a photo, Thursday, April 25, 2024, in Atlanta. Su says workers at southern auto plants should be free to unionize without employer or political interference, even as some southern states pass new laws meant to inhibit organized labor. (AP Photo/Mike Stewart)
30 minutes ago

Seattle Kraken move games to over-the-air broadcaster with streaming on Amazon's Prime Video

The Seattle Kraken will move their games to an over-the-air broadcaster and have a streaming partnership with Amazon’s Prime Video beginning with the 2024-25 season
30 minutes ago
Seattle Kraken goaltender Joey Daccord defends against a Minnesota Wild shot during the third period of an NHL hockey game Thursday, April 18, 2024, in St. Paul, Minn. (AP Photo/Abbie Parr)
37 minutes ago

Chinese ship remains prime suspect in damage to Baltic Sea gas pipeline that reopened this week

Finnish investigators say a Chinese container ship remains the prime suspect in causing damage last year to a Baltic Sea gas pipeline between NATO members Finland and Estonia
37 minutes ago
FILE - In this picture provided by Swedish Coast Guard, a leak from Nord Stream 2 is seen, on Sept. 28, 2022. A Chinese container ship remains to be the prime suspect in causing damage last year to a Baltic Sea gas pipeline running between NATO members Finland and Estonia which was reopened this week after multimillion-euro repair work, (Swedish Coast Guard via AP, File)
1 hour ago

New rules on coal power plants target pollution 'pushing our planet to the brink,' EPA Administrator Michael Regan says

New rules on coal power plants target pollution 'pushing our planet to the brink,' EPA Administrator Michael Regan says
1 hour ago
2 hours ago

Congo questions Apple over knowledge of conflict minerals in its supply chain

Congo’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into supply chains
2 hours ago
FILE - A Congolese miner sifts through ground rocks to separate out the cassiterite, the main ore that's processed into tin, in the town of Nyabibwe, eastern Congo, Aug. 16, 2012. Congo’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into supply chains. A group of international lawyers representing Congo said Thursday, April 25, 2024, that it sent letters to Apple’s CEO Tim Cook and its French subsidiary this week raising concerns about human rights violations involving the minerals extracted from mines in the country’s war-torn east. (AP Photo/Marc Hofer, File)
2 hours ago

Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana

Amazon’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs
2 hours ago
FILE - An Amazon logo appears on an Amazon delivery van in Boston, Oct. 1, 2020. Amazon’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs. Republican Gov. Eric Holcomb announced the planned project Thursday, April 25, 2024 calling the data center planned near the town of New Carlisle, about 15 miles west of South Bend, “the largest capital investment announcement in Indiana’s history.” (AP Photo/Steven Senne, File)
2 hours ago

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses

Union Pacific's first-quarter profit crept 1% higher and topped Wall Street expectations as the railroad tightened up on expenses even though it delivered slightly less freight
2 hours ago
FILE - A Union Pacific worker walks between two locomotives that are being serviced in a railyard in Council Bluffs, Iowa, on Dec. 15, 2023. Union Pacific reports earnings on Thursday, April 25, 2024. (AP Photo/Josh Funk)
3 hours ago

US applications for jobless claims fall to lowest level in 9 weeks

Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation
3 hours ago
A hiring sign is displayed at a restaurant in Chicago, Monday, March 11, 2024. On Thursday, April 25, 2024, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/Nam Y. Huh)
3 hours ago

US growth slowed sharply last quarter to 1.6% rate, reflecting an economy pressured by high rates

US growth slowed sharply last quarter to 1.6% rate, reflecting an economy pressured by high rates
3 hours ago
April 25

Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs
April 25
FILE - A line of Southwest Air Boeing 737 jets are parked near the company's production plant while being stored at Paine Field Friday, April 23, 2021, in Everett, Wash. Southwest Air reports earnings on Thursday, April 25, 2024. (AP Photo/Elaine Thompson, File)
April 25

EU military officer says a frigate has destroyed a drone launched from Yemen's Houthi-held areas

A top European Union top military officer says a frigate that’s part of an EU mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen controlled by Houthi rebels
April 25
General Robert Brieger, chairman of the EU's Military Committee talks to the media during a press conference after a meeting with the Cyprus national guard chief Georgios Tsitsikostas at the Defense Ministry in capital Nicosia, Cyprus, on Thursday, April 25, 2024. The European Union's top military official says a frigate that's part of an EU military mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen controlled by Houthi rebels. Brieger said the downing of the drone took place Thursday morning. (AP Photo/Petros Karadjias)
April 25

French air traffic controllers cancel a strike but Paris flights are still disrupted

Air passengers traveling to and from Paris have experienced significant disruptions Thursday, despite a decision by air traffic controllers to cancel a strike after last-minute negotiations
April 25
FILE - The air traffic control tower of Charles de Gaulle airport is pictured in Roissy-en-France, north of Paris, Tuesday, April 23, 2024 in Paris. Air passengers traveling to and from Paris experienced significant disruptions on Thursday, despite a canceled strike by air traffic controllers after last-minute negotiations. Although the strike was averted, the prior adjustments made in anticipation caused a substantial reduction in flight operations. (AP Photo/Thibault Camus, File)
April 25

What do weight loss drugs mean for a diet industry built on eating less, exercise?

New weight loss drugs are reshaping a dieting industry built on eating less and exercising more
April 25
A TheraLight red light therapy bed is pictured at the MIORA clinic at the Life Time at Target Center, Wednesday, April 3, 2024, in Minneapolis. Luxury athletic club operator Life Time launched a program that offers comprehensive medical testing, personalized training and a host of alternative therapies like cryotherapy. The Miora program also offers Ozempic and other weight loss drugs through the clinic that opened in Minneapolis last year. (AP Photo/Abbie Parr)
April 25

Strict new EPA rules would force coal-fired power plants to capture emissions or shut down

Environmental Protection Agency Administrator Michael Regan says new rules that would force power plants fueled by coal or natural gas to capture smokestack emissions or shut down are targeting pollution that's “pushing our planet to the brink.”
April 25
FILE - The Marshall Steam Station coal power plant operates March 3, 2024, near Mooresville, N.C. A rule issued April 24, 2024, by the Environmental Protection Agency would force power plants fueled by coal or natural gas to capture smokestack emissions or shut down. (AP Photo/Chris Carlson, File)
April 25

As Biden celebrates computer chip factories, voters wait for the promised production to start

President Joe Biden has a great economic story to tell voters a decade from now — less so in 2024
April 25
President Joe Biden speaks to the North America's Building Trade Union National Legislative Conference, Wednesday, April 24, 2024, in Washington. (AP Photo/Evan Vucci)
April 25

Ship comes under attack off coast of Yemen as Houthi rebel campaign appears to gain new speed

A ship traveling in the Gulf of Aden has come under attack, the latest assault likely carried out by Yemen’s Houthi rebels over Israel’s ongoing war on Hamas in the Gaza Strip
April 25
This is a locator map for Yemen with its capital, Sanaa. (AP Photo)
April 25

Technical glitch temporarily closed southern Norway airspace, causing delays at Oslo airport

A technical problem caused aviation authorities in Norway to temporarily close the airspace over the south of the country, leading to significant delays at Oslo airport
April 25
April 25

Chinese automakers redefine the car as a living space at Beijing Auto Show

The seemingly never-ending efforts of China’s electric car makers to redefine the automobile are on display at the nation’s largest annual auto show
April 25
Models put on make up while others take a lunch break during Auto China 2024 in Beijing, Thursday, April 25, 2024. Global automakers and EV startups unveiled new models and concept cars at China's largest auto show on Thursday, with a focus on the nation's transformation into a major market and production base for digitally connected, new-energy vehicles. (AP Photo/Ng Han Guan)
April 25

Stock market today: Wall Street tumbles after dispiriting data on the economy, as Meta sinks

Stocks are tumbling after a report suggesting flagging economic growth and still-high inflation hurt the hopes that have kept Wall Street high recently
April 25
Traders work on the floor of the New York Stock Exchange shortly after the opening bell, Wednesday, April 24, 2024, in New York. (AP Photo/Mary Altaffer)
April 25

This 'supereasy ramen' recipe shows how easy it is to make the Japanese noodle dish at home

Ramen noodles are so popular that they've become one reason to visit Japan
April 25
A ramen noodled is added to the soup being cooked in Tokyo, on April 22, 2024. Ramen noodles are so popular they have become one reason to visit Japan. But ramen can easily be cooked at home too, especially if you can find the ingredients at your neighborhood Asian grocery store. (AP Photo/Yuri Kageyama)
April 25

More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction

Spicy, steaming, slurpy, ramen might be everyone’s favorite Japanese food
April 25
A staff member prepares to serve noodles for participants of Tokyo Ramen Tours at Syuuichi, which means "once a week," featuring curry-flavored ramen, at Shibuya district on April 2, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)
April 25

Venice tests a 5-euro entry fee for day-trippers as the city grapples with overtourism

The fragile lagoon city of Venice has launched a pilot program to charge day-trippers a 5-euro or $5.35 entry fee that authorities hope will discourage visitors from arriving on peak days and make the city more livable for its dwindling residents
April 25
Marco Bettini, director of Venis Informatics System, gestures as he talks to reporters at the police Venice control room, in Venice, Italy, Wednesday, April 24, 2024. The lagoon city of Venice begins a pilot program Thursday, April 25, 2024 to charge daytrippers a 5 euro entry fee that authorities hope will discourage tourists from arriving on peak days. Officials expect some 10,000 people will pay the fee to access the city on the first day, downloading a QR code to prove their payment. (AP Photo/Luca Bruno)
April 24

Instagram fraudster 'Jay Mazini' has been sentenced for his crypto scheme that preyed on Muslims

The former Instagram influencer known as “Jay Mazini” has been sentenced to seven years in prison after admitting he stole millions of dollars in various investment scams
April 24
April 24

TikTok has promised to sue over the potential US ban. What's the legal outlook?

Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U.S. has received President Joe Biden’s official signoff
April 24
FILE - The TikTok logo is displayed on a mobile phone in front of a computer screen, Oct. 14, 2022, in Boston. A measure set to force TikTok's parent company to sell the video-sharing platform or face a ban in the U.S. received President Joe Biden's official sign-off on Wednesday, April 24, 2024. But the newly-minted law could soon face an uphill battle in court. (AP Photo/Michael Dwyer, File)
April 24

Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain

The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm
April 24
FILE - OpenAI's ChatGPT app is displayed on an iPhone in New York, May 18, 2023. The Connecticut Senate pressed ahead Wednesday, April 24, 2024 with one of the first major legislative proposals in the U.S. to reign in bias in AI decision making and protect people from harm, including manufactured videos or deepfakes. (AP Photo/Richard Drew, File)
April 24

New California rule aims to limit health care cost increases to 3% annually

A new rule in California aims to limit health care price increases to just 3% each year
April 24
FILE - Registered nurse Sandra Younan sets up a new intravenous line for a patient under her care at Providence Cedars-Sinai Tarzana Medical Center in the Tarzana neighborhood of Los Angeles on March 11, 2021. A new rule in California aims to limit health care price increases to just 3% each year. The Health Care Affordability Board approved the rule on Wednesday, April 24, 2024. It sets a statewide cost growth target of 3% each year. (AP Photo/Damian Dovarganes, File)
April 24

That's rich: Rise in all-cash transactions helping drive price gains for most expensive US homes

Well-heeled home shoppers are increasingly paying cash, helping turbo-charge price gains for the most expensive U.S. homes
April 24
FILE - Dollar bills are shown in New York, Oct. 24, 2016. Well-heeled home shoppers are increasingly paying cash, helping turbo-charge price gains for the most expensive U.S. homes. (AP Photo/Mark Lennihan, File)
April 24

More cows are being tested and tracked for bird flu. Here's what that means

U.S. health and agriculture officials are ramping up testing and tracking of bird flu in dairy cows in an urgent effort to understand and stop the growing outbreak
April 24
April 24

Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline

Ford Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline
April 24
FILE - A worker walks past neon signs for Ford at the Auto Shanghai 2023 show in Shanghai, Tuesday, April 18, 2023. Ford reports their earnings on Wednesday, April 24, 2024. (AP Photo/Ng Han Guan, File)
April 24

US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates

The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace
April 24
FILE - Articulated robots move inside the Hanwha Qcells Solar plant, Oct. 16, 2023, in Dalton, Ga. On Thursday, April 25, 2024, the U.S. government issues the first of three estimates of economic growth in the first quarter. (AP Photo/Mike Stewart, File)
April 24

Missouri House backs legal shield for weedkiller maker facing thousands of cancer-related lawsuits

The Missouri House has passed legislation that could protect chemical manufacturer Bayer from some lawsuits alleging a popular weedkiller causes cancer
April 24
FILE - A soybean field is sprayed in Iowa, July 11, 2013. Bayer, the manufacturer of a popular weedkiller, won support Wednesday, April 24, 2024, from the Missouri House for a proposal that could shield it from costly lawsuits alleging it failed to warn customers its product could cause cancer. (AP Photo/Charlie Neibergall, File)
April 24

Southwest Airlines flight attendants ratify a contract that will raise pay about 33% over 4 years

Southwest Airlines flight attendants have ratified a new contract that will boost their pay by about one-third over four years
April 24
FILE - Southwest Airlines plane prepares to land at Midway International Airport, Feb. 12, 2023, in Chicago. Flight attendants at Southwest Airlines on Wednesday, April 24, 2024, ratified a contract that includes pay raises totaling more than 33% over four years, as airline workers continue to benefit from the industry's recovery since the pandemic. (AP Photo/Kiichiro Sato, File)
April 24

Kansas' governor vetoed tax cuts again over their costs. Some fellow Democrats backed it

The Democratic governor in Kansas has vetoed a broad package of tax cuts for the second time in three months
April 24
Kansas House Minority Leader Vic Miller, D-Topeka, praises a plan for cutting income, sales and property taxes by a total of more than $1.5 billion over three years during a meeting of House Democrats, Friday, April 5, 2024, at the Statehouse in Topeka, Kan. House Democrats favor the plan, but Senate Democrats largely oppose it. (AP Photo/John Hanna)
April 24

Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms
April 24
FILE - A Meta Portal Go is displayed during a preview of the Meta Store in Burlingame, Calif., on May 4, 2022. Meta reports earnings on Wednesday, April 24, 2024. (AP Photo/Eric Risberg, File)
April 24

How major US stock indexes fared Wednesday, 4/24/2024

U.S. stocks drifted to a mixed finish
April 24
April 24

Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot

A Tesla that may have been operating on the company’s Autopilot driving system has hit and killed a motorcyclist near Seattle
April 24
FILE - A Tesla sign is seen at a dealership, Dec. 3, 2023, in Buena Park, Calif. A Tesla that may have been operating on the company's Autopilot driving system hit and killed a motorcyclist near Seattle on Friday, April 19, 2024, raising questions about whether a recent recall went far enough to ensure that Tesla drivers using Autopilot pay attention to the road. (AP Photo/Richard Vogel, File)
April 24

The US is now allowed to seize Russian state assets. How would that work?

The big U.S. aid package for Ukraine and other allies that President Joe Biden signed Wednesday also allows the administration to seize Russian state assets located in the U.S. and use them for the benefit of Kyiv
April 24
White House national security adviser Jake Sullivan speaks during a press briefing at the White House, Wednesday, April 24, 2024, in Washington. (AP Photo/Evan Vucci)
April 24

Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as US sanctions loom

A company started by a Texas billionaire oilman has announced a deal with Venezuela’s state-owned oil company to rehabilitate five aging oil fields
April 24
April 24

Biden just signed a bill that could ban TikTok. His campaign plans to stay on the app anyway

President Joe Biden’s signing of legislation that could ban TikTok in the U.S. runs counter to his campaign’s embrace of the platform and outreach to influencers
April 24
FILE - A man carries a Free TikTok sign in front of the courthouse where the hush-money trial of Donald Trump got underway April 15, 2024, in New York. The House has passed legislation Saturday, April 20, to ban TikTok in the U.S. if its China-based owner doesn't sell its stake, sending it to the Senate as part of a larger package of bills that would send aid to Ukraine and Israel. House Republicans' decision to add the TikTok bill to the foreign aid package fast-tracked the legislation after it had stalled in the Senate. The aid bill is a priority for President Joe Biden that has broad congressional support. (AP Photo/Ted Shaffrey, File)
April 24

How US changes to 'noncompete' agreements and overtime pay could affect workers

For millions of American workers, the government took two actions this week that could bestow potentially far-reaching benefits
April 24
FILE - The Federal Trade Commission building is seen, Jan. 28, 2015, in Washington. U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by the FTC on Tuesday, April 23, 2024, though the rule seems sure to be challenged in court. (AP Photo/Alex Brandon, File)
April 24

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery fell 55 cents to $82.81 per barrel Wednesday
April 24
April 24

Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'

Oracle Corp. Chairman Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry
April 24
FILE - Larry Ellison, chairman of Oracle Corporation and chief technology officer, watches from the stands at the BNP Paribas Open tennis tournament Oct. 13, 2021, in Indian Wells, Calif. Oracle Corp.'s planned campus in Nashville, Tenn. will serve as the computer technology giant's world headquarters, placing it in a city that's a center of the health care industry, CEO Larry Ellison said. (AP Photo/Mark J. Terrill, File)
April 24

Biden picks up another big union endorsement, this one from building trades workers

The North America’s Building Trades Unions has endorsed President Joe Biden
April 24
President Joe Biden talks with NABTU President Sean McGarvey after speaking to the North America's Building Trade Union National Legislative Conference, Wednesday, April 24, 2024, in Washington. (AP Photo/Evan Vucci)
April 24

With lawsuits in rearview mirror, Disney World government gets back to being boring

For the first time in more than a year, the monthly board meeting of Walt Disney World’s governing district was back to being what many municipal government forums often are — boring
April 24
A family visiting from Sarasota watches the solar eclipse at the Magic Kingdom at Walt Disney World, in Lake Buena Vista, Fla., Monday, April 8, 2024. (Joe Burbank/Orlando Sentinel via AP)
April 24

Dairy cattle must be tested for bird flu before moving between states, agriculture officials say

U.S. agriculture officials say dairy cattle moving between states must be tested for the bird flu virus in an effort to track and control the growing outbreak
April 24
FILE - Cows are seen at a dairy in California, Nov. 23, 2016. The U.S. Food and Drug Administration said Tuesday, April 23, 2024, that samples of pasteurized milk had tested positive for remnants of the bird flu virus that has infected dairy cows. (AP Photo/Rich Pedroncelli, File)
April 24

Texas Instruments, Mattel rise; General Dynamics, Teledyne fall, Wednesday, 4/24/2024

Stocks that traded heavily or had substantial price changes on Wednesday: Texas Instruments, Mattel rise; General Dynamics, Teledyne fall
April 24
April 24

TikTok bows to European pressure and halts reward feature on new app in France and Spain

TikTok is halting a feature on its new app rewarding users in Europe for watching videos, after facing pressure from regulators worried about its addictive features
April 24
FILE - The TikTok logo is seen on a mobile phone in front of a computer screen which displays the TikTok home screen, Saturday, March 18, 2023, in Boston. European Union regulators said Wednesday, April 17, 2024, they're seeking details from TikTok on a new app from the video sharing platform that pays users to watch videos. (AP Photo/Michael Dwyer, File)
April 24

More than 1 in 4 US adults over age 50 say they expect to never retire: AARP study

About one-quarter of U.S. adults age 50 and older who aren't yet retired say they expect to never retire and 70% are concerned about prices rising faster than their income
April 24
FILE A couple watches the sun set from a park, July 10, 2021, in Kansas City, Mo. A quarter of U.S. adults over the age of 50 have no retirement savings, according to a new AARP survey — and 70% of people surveyed are worried about prices rising faster than their income. New research from the AARP released Wednesday reveals how a graying America is worrying more and more about how to make ends meet, even as economists and policymakers say the U.S. economy has all but achieved a soft landing after a period of record high inflation. (AP Photo/Charlie Riedel, File)
April 24

The plate as palette: Set the table and the mood with the latest in creative dishware

The way a meal looks has been important to the dining experience since forever
April 24
This image provided by Pottery Barn shows a dining plate. The Northern Lights are evoked in a palette of greys on this namesake stoneware collection from Fortessa. Many chefs are using creative dishware designed with irregular shapes and unusual colors to help create a mood. (Pottery Barn via AP).