Business News

Latest Business Video

Latest Business Headlines

1 hour ago

Black Friday shoppers spent a record $10.8 billion online: What did people buy?

Deep discounts on toys fueled the spending spree, according to Adobe Analytics.
1 hour ago
A person makes a purchase on a mobile app in this stock photo.
November 30

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar

President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar
November 30
FILE - President-elect Donald Trump speaks during a meeting with the House GOP conference, Nov. 13, 2024, in Washington. (Allison Robbert/Pool via AP, File)
November 30

Southwest Airlines says it is ending cabin service earlier to reduce chance of injury

Southwest Airlines is ending its cabin service earlier starting next month
November 30
FILE - A retrofitted Southwest Airlines passenger jet is shown in a hangar at Love Field on Sept. 26, 2024, in Dallas. (AP Photo/Tony Gutierrez, File)
November 30

Celebrating Small Business Saturday

American Express chief marketing officer Elizabeth Rutledge discusses the impact of supporting small businesses.
November 30
VIDEO: Celebrating Small Business Saturday
November 30

Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table

Canadian Prime Minister Justin Trudeau is returning home after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner
November 30
Canada Prime Minister Justin Trudeau walks through the lobby of the Delta Hotel by Marriott, Saturday, Nov. 30, 2024, in West Palm Beach, Fla. (AP Photo/Carolyn Kaster)
November 30

Trump and Republicans in Congress eye an ambitious 100-day agenda

Republicans swept to power on Election Day and now control the House, the Senate and the White House, with plans for an ambitious 100-day agenda come January
November 30
House Minority Leader Hakeem Jeffries of N.Y., speaks during a news conference to introduce the Democratic House leadership for the next session of Congress on Capitol Hill, Tuesday, Nov. 19, 2024, in Washington. (AP Photo/Mark Schiefelbein)
November 30

Why your favorite catalogs are smaller this holiday season

While retailers hope to go big this holiday season, customers may notice that the catalogs arriving in their mailboxes are smaller
November 30
A collection of 2024 holiday catalogs are displayed Monday, Nov. 25, 2024, in Freeport, Maine. Catalog retailers, reeling from U.S. postal rate increases, have responded with pint-sized catalogs this holiday season. (AP Photo/Robert F. Bukaty)
November 30

Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city

Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial capital of Ho Chi Minh in the south
November 30
November 30

8 arrested after blast disrupts Kosovo water and power supplies

A powerful explosion has damaged a water canal and temporarily cut water and power supply to Kosovo’s cities
November 30
November 30

Iceland votes for a new parliament after political disagreements force an early election

Icelanders are electing a new parliament after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early elections
November 30
A bilboard of the People's Party (Flokkur Fólksins) reading "It's your turn", in Reykjavik, Iceland, Friday, Nov. 29, 2024. (AP Photo Marco Di Marco)
November 29

Mexico raids stores selling counterfeit or contraband Asian goods, pledges a nationwide crackdown

Mexican authorities have raided a massive complex of stores selling counterfeit Chinese goods in downtown Mexico City, and vowed the crackdown will be carried out nationwide
November 29
November 29

Canadian news publishers sue OpenAI over alleged copyright infringement

A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system
November 29
FILE - A ChapGPT logo is seen in West Chester, Pa., on Dec. 6, 2023. (AP Photo/Matt Rourke, File)
November 29

Canadian Prime Minister Trudeau flies to Florida to meet with Trump after tariffs threat

Canadian Prime Minister Justin Trudeau has flown to Florida to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products
November 29
Prime Minister Justin Trudeau speaks at an event in Mount Stewart, P.E.I., Friday, Nov. 29, 2024. (Ron Ward /The Canadian Press via AP)
November 29

The ruble's in a slump. For the Kremlin, that's a two-edged sword

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other
November 29
A pedestrian walks in a street near an exchange office sign showing the currency exchange rates of the Russian ruble, British pound sterling and Swiss franc in Moscow, Russia, Thursday, Nov. 28, 2024. (AP Photo/Pavel Bednyakov)
November 29

SunFed cucumbers and Costco eggs recalled due to potential salmonella contamination

Cucumbers shipped to the U.S. and Canada — and organic eggs sold in 25 Costco stores in five southern U.S. states — have been recalled because of potential salmonella contamination
November 29
FILE - A U.S. Food and Drug Administration building is seen behind FDA logos at a bus stop on the agency's campus in Silver Spring, Md., on Aug. 2, 2018. (AP Photo/Jacquelyn Martin, File)
November 29
Movie fans pick out tee-shirts during a merchandise Pop-Up event for the newly released film Anora on Saturday, Nov. 9, 2024 in Los Angeles. (AP Photo/Richard Vogel)
November 29

What to know about the Amazon strike on Black Friday

The protest has been dubbed "Make Amazon Pay" by a workers' union.
November 29
Demonstrators hold up a 'Make Amazon Pay' banner during a demonstration supporting Amazon.com workers, on a day of global strike action by the company's employees, on Black Friday in Berlin, Germany, Nov. 25, 2022.
November 29

Thousands of workers march across Italy in general strike demanding better pay and services

Thousands of teachers, health care workers, trash collectors and others walked off their jobs across Italy on Friday to protest a decline in spending power, persistently low salaries and government policies they say have weakened public services
November 29
Demonstrators gather during a public and private sectors' national strike called by the labor unions to protest against the government's budget law ,in Milan, Italy, Friday, Nov. 29, 2024. (AP Photo/Luca Bruno)
November 29

Okonjo-Iweala given 2nd term as WTO chief as Trump's return looms over trade body's future

The World Trade Organization chief says she’s “eager” to work with U.S. President-elect Donald Trump and his trade team, while taking a wait-and-see stance about Trump’s plans to impose new tariffs on goods from other countries including China, Mexico ...
November 29
FILE - Nigeria's Ngozi Okonjo-Iweala, Director General of the World Trade Organisation (WTO), speaks during the panel discussion at the WTO's Presidential Lecture Series, at the headquarters of the World Trade Organization in Geneva, Switzerland, Friday, Nov. 1, 2024. (Salvatore Di Nolfi/Keystone via AP, File)
November 29

Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates

Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom ov...
November 29
November 29

Amazon workers in India join Black Friday strike action for better wages and working conditions

Amazon staff in India have joined strike action calling for better wages
November 29
Participants wear paper masks in the likeness of Amazon's Jeff Bezos as warehouse workers and delivery drivers stage a protest against the Seattle-based company demanding higher wages and better working conditions, in New Delhi, India, Friday, Nov. 29, 2024. (AP Photo/Manish Swarup)
November 29

Malaysian billionaire tycoon Ananda Krishnan dies at age 86

Ananda Krishnan, one of Malaysia’s richest tycoons with a vast business empire including telecommunications, media, petroleum and real estate, has died
November 29
FILE -Billionaire Tatparanandam Ananda Krishnan, a Malaysian businessman and philanthropist, at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 11, 2012. (AP Photo/Paul Sakuma, File)
November 29

Ukrainian energy workers carry out repairs despite Russia's pounding of the country's power grid

Workers at one of Ukraine's thermal power plants struggle to repair damage and keep electricity flowing as Russia continues its campaign of attacks targeting the country's power grid
November 29
A worker speaks by mobile phone inside operating room at DTEK's power plant after a recent Russian missile attack in Ukraine, Nov. 28, 2024. (AP Photo/Evgeniy Maloletka)
November 29

Paraguay, one of Taiwan's 12 remaining allies, says it won't break ties in favor of China

Paraguay’s foreign minister says his country is committed to its relationship with Taiwan and has no plans to break off their diplomatic relationship in favor of China as he visited the increasingly isolated island
November 29
Paraguay Foreign Minister Ruben Dario Ramirez Lezcano speaks during a press conference during his visit in Taipei, Taiwan, Friday, Nov. 29, 2024.(AP Photo/Chiang Ying-ying)
November 29

From yuck to profits: Some Zimbabwe farmers turn to maggots to survive drought and thrive

It was an alarming, even sickening, suggestion: Farmers in Zimbabwe hit hard by drought should farm maggots to feed their animals and boost their household incomes
November 29
Maggots are held by a worker at a maggot breeding centre in Chinhoyi, Zimbabwe, Friday, Oct. 19, 2024. (AP Photo/Aaron Ufumeli)
November 29

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers

Retailers in the U.S. have used giveaways and bigger-than expected discounts to reward shoppers who ventured out on Black Friday
November 29
A shopper holds multiple bags while outside Macy's Herald Square, Friday, Nov. 29, 2024, in New York. (AP Photo/Heather Khalifa)
November 29

Massachusetts lawmakers push for an effort to ban all tobacco sales over time

A handful of Massachusetts lawmakers are hoping to persuade their colleagues to support a proposal that would make the state the first to adopt a ban meant to eliminate the use of tobacco products over time
November 29
FILE - Cigarette butts sit in an ashtray on March 28, 2019, in New York. (AP Photo/Jenny Kane, File)
November 29

Santa's annual train visit delivers hope and magic to one corner of coal country

Since 1943, the people of Appalachian Kentucky, Virginia, and Tennessee have looked forward to Santa’s arrival
November 29
Santa Claus waves to people during the 82nd run of the CSX Santa Train, Saturday, Nov. 23, 2024, in Kermit, Va. The train brings presents to small towns along a 110-mile portion of the railroad line in rural Appalachian Tennessee, Kentucky and Virginia. (AP Photo/George Walker IV)
November 29

Donald Trump's call for 'energy dominance' is likely to run into real-world limits

Donald Trump is creating a National Energy Council that he says will establish U.S. “energy dominance” around the world
November 29
FILE - Republican presidential nominee former President Donald Trump speaks at a campaign town hall at the Greater Philadelphia Expo Center & Fairgrounds, Oct. 14, 2024, in Oaks, Pa., as moderator South Dakota Gov. Kristi Noem listens. (AP Photo/Alex Brandon, File)
November 28

Customers at Starbucks can sip coffee and observe a quiet North Korean village

Coffee drinkers can sip their beverages and view a quiet North Korean mountain village from a Starbucks shop at a South Korean border observatory
November 28
North Korea's Kaephung county is reflected on the newly opened Starbucks store's window at the observatory of the Aegibong Peace Ecopark in Gimpo, South Korea, Friday, Nov. 29, 2024. (AP Photo/Lee Jin-man)
November 28

Stock market today: S&P 500 and Dow post gains and close out best month of 2024

Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year
November 28
FILE - People walk past the New York Stock Exchange on Tuesday, Nov. 26 2024. (AP Photo/Peter Morgan, File)
November 28

China's aging population fuels 'silver economy' boom, but profits can prove elusive

Many older Chinese are looking beyond traditional care homes, worried about abandonment and quality issues
November 28
A visitor looks at a showroom in Yan Garden, a high-end senior-focused community that opened in 2015 by insurance company Taikang Insurance Group in Beijing, Nov. 5, 2024. (AP Photo/Ng Han Guan)
November 28

Oil field owner sues California over law that would end its Los Angeles-area operations

The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines
November 28
FILE - Members of Campaign for a Safe and Healthy California coalition campaign for Keep The Law (SB 1137) next to the Inglewood Oil Field in Inglewood, Calif., March. 22, 2024. (AP Photo/Damian Dovarganes, File)
November 28

Canada sues Google over alleged anticompetitive practices in online ads

Canada’s antitrust watchdog is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its services and pay a penalty
November 28
FILE - The Google logo is seen at the Google headquarters in Brussels, March 23, 2010. (AP Photo/Virginia Mayo, File)
November 28

New Mexico appeals court upholds rule aimed at curbing ozone pollution

The New Mexico Court of Appeals has upheld state regulations aimed at cracking down on emissions from the oil and natural gas industry
November 28
FILE - Pump jacks work in a field near Lovington, N.M., April 24, 2015. (AP Photo/Charlie Riedel, File)
November 28

Cellphone outage in Denmark causes widespread disruption and hits emergency services

One of Denmark’s largest cellphone networks has suffered severe outages that prevented people from contacting emergency services and forced at least one hospital to reduce non-critical medical care
November 28
November 28

Mexican president says she is confident that a tariff war with the US can be averted

Mexican President Claudia Sheinbaum says she is confident that a tariff war with the United States can be averted
November 28
FILE - Newly-sworn in President Claudia Sheinbaum addresses supporters in the Zócalo, Mexico City's main square, on Oct. 1, 2024. (AP Photo/Fernando Llano, File)
November 28

Avocados, tequila and other iconic Mexican products are jeopardized by Trump's tariff threats

Mexicans are worried that threats by U.S. President-elect Donald Trump to impose 25% tariffs could affect a wide range of iconic Mexican products, some of which support entire regional economies
November 28
Workers sort avocados at a packing plant in Uruapan, Mexico Wednesday, Nov. 27, 2024. (AP Photo/Armando Solis)
November 28

One Tech Tip: Home for the holidays? Show relatives you care with some tech support

As the holiday season kicks off, the journey home could also mean that those who are more tech-savvy will be called on to provide a backlog of tech support to parents, grandparents and other family
November 28
People take a selfie in Bryant Park's Winter Village, Tuesday, Nov. 26, 2024, New York. (AP Photo/Julia Demaree Nikhinson)
November 28

Germany's top court rejects renewable energy producers' case against use of windfall profits

Germany’s highest court has rejected complaints by renewable energy producers against a government decision to use their “excess profits” to help finance a cap on electricity prices
November 28
FILE - Wind turbines operate at the Klettwitz Nord solar energy park near Klettwitz, Germany, Tuesday, Oct. 15, 2024. (AP Photo/Matthias Schrader, File)
November 28

Regulators cracked down on sweet vapes after use by kids spiked. Now the Supreme Court is wading in.

Vaping is coming before the Supreme Court next week as federal regulators ask the high court to uphold its block on sweet, flavored products following a spike in youth e-cigarette use
November 28
FILE - The Supreme Court is seen in Washington, Nov. 2, 2024. (AP Photo/J. Scott Applewhite, File)
November 28

Amazon workers’ Black Friday strike could impact consumers

The worldwide protests, organized by UNI Global Union, are targeting one of the biggest shopping weekends of the year.
November 28
The worldwide protests, organized by UNI Global Union, are targeting one of the biggest shopping weekends of the year.
November 28

Why retailers still see Black Friday as the high point of the holiday shopping season

After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time
November 28
Shoppers pass a Christmas tree at the Bergdorf Goodman store on Sunday, Nov. 24, 2024, in New York. (AP Photo/Anne D'Innocenzio)
November 28

Working Well: Practicing humility and finding support can help when political tensions rise at work

There’s no easy way to bridge the political divides that have created rifts in communities, families and friendships
November 28
AP Illustration / Annie Ng
November 28

Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire's firms

India’s opposition has disrupted Parliament for a third day, protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes
November 28
Adani Corporate House is seen in Ahmedabad, India, Friday, Nov. 22, 2024. (AP Photo/Ajit Solanki)
November 28

From disaster to hope: A Vermont family thankful for community support after flood destroyed home

A Vermont family who lost their home, cars, barn and most of their possessions in flooding in July will be getting a new start thanks to scores of donations to an online fundraising effort
November 28
The Mackenzies, from left to right, Lila, Jenny, John, Kate and their dog Hester pose in front of their new house in Craftsbury, Vt. on Nov. 17, 2024. (AP Photo/Lisa Rathke)
November 27

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

World shares are mixed after losses for big technology stocks pulled major indexes lower on Wall Street
November 27
People walk past an electronic stock board showing Japan's stock prices Thursday, Nov. 28, 2024 in Tokyo.(AP Photo/Shuji Kajiyama)
November 27

'Everything is expensive!' Bolivia faces a shocking economic collapse

Across what was once South America’s second-largest producer of natural gas, everyone is searching for fuel
November 27
FILE - A sign alerts customers that there is no gasoline at a fuel station after five days of roadblocks by supporters of former President Evo Morales affecting the fuel and food supply, in La Paz, Bolivia, Oct. 21, 2024. (AP Photo/Juan Karita, File)
November 27

Zuckerberg dines with Trump in Mar-a-Lago

Donald Trump dined on Wednesday with Meta CEO Mark Zuckerberg at the president-elect’s Mar-a-Lago club in Florida
November 27
FILE - Mark Zuckerberg wears a pair of Orion AR glasses during the Meta Connect conference on Sept. 25, 2024, in Menlo Park, Calif. (AP Photo/Godofredo A. Vásquez, File)
November 27

South Korea's central bank cuts key interest rate to nurse a slower economy

South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipated
November 27
Bank of Korea Gov. Rhee Chang-yong speaks during a press conference at the central bank in Seoul, South Korea, Thursday, Nov. 28, 2024. (AP Photo/Ahn Young-joon)