Business News

The European Union says it will outline steps to compel Apple to open up its iPhone and iPad operating systems to competing technologies under the bloc’s tough new digital rulebook, which threatens hefty fines for breaches

Refugees navigating resettlement often face a shared hurdle: poor machine translations and a short supply of interpreters knowledgeable in their less-serviced languages

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week

Weekly applications for U.S. jobless benefits fall to the lowest level in 4 months

Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

Hong Kong's air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused “extensive damage” to the aircraft

The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago

Taiwan says China’s ban on imports of its fruit, vegetables, seafood and other goods violate trade rules, in the latest ratcheting up of tensions between the self-governing island republic and its massive neighbor, which has vowed to annex Taiwan by force

The six-year-old criminal case of Greg Kelly, an American ensnared in the scandal of Nissan’s former boss Carlos Ghosn has turned a page in a Japanese court, with the judge promising a verdict in February

Israel’s defense minister has declared the start of a “new phase” of the war as Israel turns its focus toward the northern front against Hezbollah militants in Lebanon

Journalists at a news site that covers issues facing the Haitian community in the United States say they've been harassed and intimidated with racist messages for covering the false story about immigrants eating the pets of people in Springfield, Ohio

Sri Lankans who usually vote along religious and ethnic lines will be keeping another factor in mind when they vote Saturday on a new president

Vietnamese state media say the second trial for real estate tycoon Truong My Lan — who was sentenced to death for financial fraud in April — started on Thursday

A mission specialist for the company that owned the Titan submersible that imploded last year told the U_S_ Coast Guard on Thursday that the firm was staffed by competent people who wanted to “make dreams come true.”

It’s harvest time in central New Hampshire

Wall Street is roaring toward records as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates

Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month

The new accounts bolster protections and add limits, the company said.

As the U.S. Postal Service faces delivery slowdowns, U.S. Sen. Jon Ossoff, a Democrat from Georgia, has proposed legislation to impose stricter oversight on who leads the agency

Some Brazilian users have regained access to X despite a nationwide ban put in place by the country’s Supreme Court

Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates

A federal control board that oversees Puerto Rico’s finances says it will step in to help speed up projects to fix the island’s crumbling power grid as widespread outages persist

Opponents of offshore wind around the U.S. are pelting the projects with lawsuits, seeking to cancel them or tie them up for years in costly litigation

Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales

The International Brotherhood of Teamsters has declined to endorse Kamala Harris or Donald Trump for president, saying neither candidate has sufficient support from the 1.3 million-member union

Teamsters union declines to endorse Trump or Harris, after endorsing Biden in 2020 and being courted by Trump this year

Tupperware became woven into America's cultural fabric after World War II by forgoing retail stores in favor of a direct-to-consumer sales model

The rate cut could deliver relief to borrowers saddled with high costs.

The Biden administration is moving to clarify how homeowners and businesses can receive lucrative tax credits for installing electric vehicle chargers

Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee’s 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate. In light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent. In...

A pipeline fire that forced hundreds of people to flee their homes in the Houston suburbs is burning for a third day, with officials saying they don’t expect it to be extinguished until sometime Thursday evening

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

Federal Reserve cuts key interest rate by a sizable half-point, signaling an end to its inflation fight

Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists

Boeing’s CEO says a large number of employees will be furloughed to conserve cash during factory workers' strike

MrBeast is accused of creating “unsafe” employment conditions and misrepresenting contestants’ odds at winning his new Amazon reality show’s $5 million grand prize

Rogers Communications Inc. is buying out Bell’s 37.5% share of Maple Leaf Sports & Entertainment for $3.5 billion

The U.S. Justice Department is suing the owner and manager of the cargo ship that caused the Baltimore bridge collapse

Alaska Airlines is closing its $1 billion purchase of Hawaiian Airlines

The National Toy Hall of Fame is floating the idea of inducting balloons

The WNBA is headed back to Portland, with Oregon's biggest city getting an expansion team that will begin play in 2026

General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers

Qualcomm lost its bid to get a European Union antitrust penalty thrown out after a top court largely rebuffed the technology company’s arguments in the case involving cellphone chipsets

Vehicle recalls are an important part of automotive safety

Tupperware Brands has filed for Chapter 11 bankruptcy protection

China has announced sanctions on American companies selling arms to the self-ruled island of Taiwan, which Beijing claims as its own territory and threatens to annex by force

The chief executive of Britain’s scandal-ridden Post Office will step down next year

Government scientists and artificial intelligence experts from at least nine countries and the European Union will meet in San Francisco after the U.S. elections to coordinate on safely developing AI technology and averting its dangers

Google has won a court challenge against a 1.49 billion euro European Union antitrust fine imposed five years ago that targeted its online advertising business

Google wins an appeal against 1.5 billion euro antitrust penalty in a 2019 European Union digital ad case