The Associated Press
![](https://s.abcnews.com/images/Business/Business_4x3_608.jpg)
Business News
China Communist Party meeting expected to endorse Xi's high-tech vision for economy
China's ruling Communist Party has ended a top-level meeting by endorsing policies aimed at building the country's technological power and fortifying its national security
July 18, 2024US homes find fewer foreign buyers as rising costs and a strong dollar leave market in record slump
Sales of U.S. homes to foreign nationals have fallen to the lowest level in more than a decade, hampered by a strong dollar and many of the hurdles that have kept the housing market in a deep sales slump for over two years
July 17, 2024Ford to start making F-Series Super Duty pickups at plant in Canada to keep up with demand
Ford says it plans to start making its F-Series Super Duty pickups at a plant in Ontario, Canada beginning in 2026 in order to keep up with customer demand for the vehicle
July 18, 2024
Latest Business Video
Latest Business Video
Latest Business Headlines
July 19
American Airlines has a contract deal with flight attendants, and President Biden is happy about it
American Airlines and the union representing its flight attendants have a deal on a new contract
July 19
July 19
Two deaths linked to listeria food poisoning from meat sliced at deli counters
At least two people have died and more than two dozen were hospitalized in an outbreak of listeria food poisoning linked to meat sliced at grocery store deli counters
July 19
July 19
How major US stock indexes fared Friday, 7/19/2024
U.S. stocks closed lower, extending a slump that left Wall Street with its worst week since April
July 19
July 19
CrowdStrike stock price plummets amid worldwide IT outage
Shares were down 11% at the close of trading on Friday.
July 19
July 19
Trump uses false claim about Chinese auto plants in Mexico to call for UAW president to be fired
Donald Trump made a pitch for votes from autoworkers in key swing states during his acceptance speech for the Republican presidential nomination
July 19
July 19
California judge halts hearing in fight between state agricultural giant and farmworkers' union
A California judge has temporarily blocked a hearing from taking place in a dispute between one of the state’s most influential agricultural companies and the country’s biggest farmworkers’ union
July 19
July 19
Nigeria fines Meta $220 million for violating data protection and consumer rights laws
Nigeria's government has fined Meta $220 million after its investigations found “multiple and repeated” violations of the country’s data protection and consumer rights laws on Facebook and WhatsApp
July 19
July 19
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery fell $2.69 to $80.13 per barrel Friday
July 19
July 19
Maryland announces civil lawsuit in case involving demands of sex for rent
Maryland’s attorney general has filed a civil lawsuit against an Eastern Shore landlord and his company, alleging a pattern of gender-based housing discrimination and sexual harassment that involved demands for sex in exchange for rent
July 19
July 19
US appeals court allows EPA rule on coal-fired power plants to remain in place amid legal challenges
A federal appeals court is allowing a Biden administration rule aimed at limiting planet-warming pollution from coal-fired power plants to remain in place as legal challenges continue
July 19
July 19
Your flight was canceled by the technology outage. What do you do next?
Thousands of flights have been canceled after a worldwide internet outage hit many leading airlines, forcing passengers to scramble to save their vacations and other trips
July 19
July 19
Venice officials defend day-tripper tax, but delay the decision on extending it
Venice city officials say the day-tripper tax netted 2.4 million euros during a test phase this summer, and that decisions on how to proceed would be made in the fall after a full analysis of the data
July 19
July 19
CrowdStrike, Scholastic fall, Intuitive Surgical, SLB rise; Friday, 7/19/2024
Stocks that traded heavily or had substantial price changes on Friday: CrowdStrike, Scholastic fall, Intuitive Surgical, SLB rise
July 19
July 19
Tech disruptions sparked by software update highlight the fragility of globally connected technology
Airlines, banks, hospitals and other risk-averse organizations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches
July 19
July 19
Vermont farmers take stock after losing crops to flooding two years in a row
Exactly one year to the date of last year’s severe flooding in Vermont, Joe’s Brook Farm in Barnet was flooded again by the remnants of Hurricane Beryl
July 19
July 19
A massive tech outage is causing worldwide disruptions. Here's what we know
Much of the world has faced online disarray as a widespread technology outage affected companies and services across industries — grounding flights, knocking banks and hospital systems offline and media outlets off air
July 19
July 19
Kenya president retains 6 former Cabinet ministers in first batch of appointments
Kenyan President William Ruto has appointed the first 11 members of his Cabinet
July 19
July 19
Republicans at the RNC signaled support for unions. Experts are skeptical.
A union leader spoke at the Republican convention this week.
July 19
July 19
How Russia’s espionage case against Wall Street Journal reporter Evan Gershkovich unfolded
Wall Street Journal reporter Evan Gershkovich was convicted on Friday of espionage charges in an unusually rapid trial in the country’s highly politicized legal system
July 19
July 19
Former Trump executive Allen Weisselberg released from jail after serving perjury sentence
Retired Trump Organization executive Allen Weisselberg has been released from jail in New York City after serving a sentence for lying under oath
July 19
July 19
From a media perspective, it was a tale of two Trump speeches — and long enough for both
In the eyes of much of the media, Donald Trump failed to stick the landing with his acceptance speech at the Republican national convention
July 19
July 19
Treasury warns that anti-woke banking laws like Florida's are a national security risk
The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing
July 19
July 19
Long before his arrest, US reporter lamented that many friends in Russia were being locked up
In early 2022, Evan Gershkovich, a reporter for the Wall Street Journal wrote on social media that “reporting on Russia is now also a regular practice of watching people you know get locked away for years.”
July 19
July 19
Cardmember spending drives American Express second-quarter profits soaring 39%
American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance
July 19
July 19
Everton's proposed sale to Texas-based Friedkin Group has fallen through
The proposed sale of Premier League club Everton to the Texas-based Friedkin Group has fallen through, both parties said in a joint statement
July 19
July 19
Nigeria more than doubles the minimum wage for government workers after strikes and negotiations
Public sector workers in Nigeria on the minimum wage will see their salaries double after the government reached an agreement on Thursday with labor unions that have been threatening further strikes as the cost of living spirals
July 19
July 19
Cybersecurity firm CrowdStrike said an issue that has caused major disruptions is not a security incident or cyberattack
Cybersecurity firm CrowdStrike said an issue that has caused major disruptions is not a security incident or cyberattack
July 19
July 19
Internet outage latest | Airlines, businesses, border crossings hit by global tech disruption
Businesses and governments worldwide experienced hours-long disruptions as a widespread technology outage affected services across industries
July 19
July 19
Germany's chancellor praises lithium deal with Serbia that could reduce Europe's dependency on China
German Chancellor Olaf Scholz has praised a tentative deal between the European Union and Serbia that paves the way for the disputed excavation of lithium
July 19
July 19
Russia seeks 18-year prison term for US reporter Evan Gershkovich, on trial on spying charges he and US deny
Russia seeks 18-year prison term for US reporter Evan Gershkovich, on trial on spying charges he and US deny
July 19
July 19
A widespread technology outage is disrupting flights around the globe on a busy summer travel day
A widespread technology outage is disrupting flights around the globe on a busy summer travel day
July 19
July 19
A faulty software update causes havoc worldwide for airlines, hospitals and governments
A global technology outage grounded flights, knocked banks offline and media outlets off air after a faulty software update disrupted companies and services around the world and highlighted their dependence on just a handful of providers
July 19
July 19
A global internet outage is affecting airlines, banks, media and offices from the U.S. to Australia
A global internet outage is affecting airlines, banks, media and offices from the U.S. to Australia
July 19
July 19
Stock market today: Wall Street finishes worst week since April with more losses
U.S. stocks slumped following another washout
July 19
July 19
Court in Russia says closing arguments begin in trial of US reporter Evan Gershkovich on spying charges that he denies
Court in Russia says closing arguments begin in trial of US reporter Evan Gershkovich on spying charges that he denies
July 19
July 19
Russia convicts US journalist of spying in a trial widely seen as politically motivated
Wall Street Journal reporter Evan Gershkovich has been convicted of espionage charges that his employer and the U.S. vehemently reject
July 19
July 19
How boot camps are helping to address the historic gap in internet access on US tribal lands
A boot camp on a California ranch could help improve internet access on U.S. tribal lands
July 19
July 19
EA Sports College Football 25, among most anticipated sports video games in history, hits the market
EA Sports College Football 25, among the most highly anticipated sports video games of all time, has flooded the market as gamers who waited more than a decade for the franchise’s next installment rush to play
July 19
July 18
15 months after his firing, Tucker Carlson returns to Fox News airwaves with a GOP convention speech
Tucker Carlson was back on Fox News Channel airwaves Thursday
July 18
July 18
Nebraska governor seeks shift to sales taxes to ease high property taxes. Not everyone is on board
Nebraska Gov. Jim Pillen has announced a broad tax plan for an upcoming special legislative session billed to cut property taxes in half
July 18
July 18
Yoga, meditation and prayer: Urban transit workers cope with violence and fear on the job
Transit workers around the country are managing their fear and anxiety over a rise in violent crime on subways and buses
July 18
July 18
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery fell 3 cents $82.82 per barrel Thursday
July 18
July 18
Netflix's subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup
July 18
July 18
Netflix's quarterly subscriber and earnings growth accelerates as the streaming service widens its lead over rivals
Netflix's quarterly subscriber and earnings growth accelerates as the streaming service widens its lead over rivals
July 18
July 18
How major US stock indexes fared Thursday, 7/18/2024
A widespread washout across Wall Street dragged U.S. stocks lower
July 18
July 18
Long Beach breaks ground on $1.5B railyard expansion at port to fortify US supply chain
U.S. Transportation Secretary Pete Buttigieg and other officials paid a visit to the port of Long Beach to break ground on a $1.5 billion railyard expansion project that will more than triple the dock’s rail cargo capacity
July 18
July 18
Stellantis tells owners of over 24,000 hybrid minivans to park outdoors due to battery fire risk
Stellantis is telling owners of more than 24,000 plug-in hybrid minivans to park them outdoors away from buildings, and to stop charging them due to the possibility of battery fires
July 18
July 18
Boeing case puts a spotlight on plea agreements involving corporate defendants
Prosecutors are expected to give new details next week about Boeing's plea deal in a case stemming from two deadly crashes of 737 Max jetliners
July 18
July 18
Over 3M steam cleaners are under recall because they can spew hot water, cause burns
Some 3.3 million steam cleaners are being recalled across North America due to a burn hazard that has resulted in consumers reporting more than 150 injuries
July 18
July 18
Kenney Grant, founder of iconic West Virginia pizza chain Gino's, dies
The founder and owner of the iconic West Virginia chain Gino’s Pizza and Spaghetti House has died
July 18