Business News

Latest Business Video

Latest Business Headlines

12 minutes ago

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
12 minutes ago
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)
14 minutes ago

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
14 minutes ago
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)
14 minutes ago

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
14 minutes ago
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)
23 minutes ago

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

U.S. stocks drifted to a mixed finish
23 minutes ago
33 minutes ago

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
33 minutes ago
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)
40 minutes ago

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
40 minutes ago
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)
1 hour ago

Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as U.S. 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
1 hour ago
1 hour ago

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
1 hour ago
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)
1 hour ago

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

For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits
1 hour ago
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)
2 hours ago

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
2 hours ago
2 hours ago

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

Oracle Corp. CEO 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
2 hours ago
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)
3 hours ago

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
3 hours ago
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)
3 hours ago

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
3 hours ago
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).
April 24

The summer after Barbenheimer and the strikes, Hollywood charts a new course

Expectations are tempered for the financial prospects of summer of 2024 at the movies
April 24
This image released by Paramount Pictures shows Cailey Fleming, left, with Blue, voiced by Steve Carell, in a scene from "IF." (Paramount Pictures via AP)
April 24

New FTC mandate may make it easier for people to quit their jobs

The Federal Trade Commission has voted to ban noncompete clauses, which could affect one in five U.S. workers.
April 24
VIDEO: New FTC mandate may make it easier for people to quit their jobs
April 24

Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals

British competition regulators say they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry
April 24
File - Arthur Mensch, cofounder and CEO of Mistral AI, attends the UK Artificial Intelligence (AI) Safety Summit in Bletchley, England on Nov. 2, 2023. The Competition and Markets Authority said it's looking into Microsoft's partnership with France's Mistral AI and the company's hiring of key staff from another startup, Inflection AI. (Toby Melville/Pool Photo via AP, File)
April 24

Norfolk Southern's earnings offer railroad chance to defend its strategy ahead of control vote

Norfolk Southern's first-quarter earnings report Wednesday gave the railroad the opportunity to publicly defend CEO Alan Shaw's strategy again before investors decide on May 9 whether to back him
April 24
FILE - A Norfolk Southern freight train runs through a crossing on Sept. 14, 2022, in Homestead, Pa. Norfolk Southern reports earnings on Wednesday, April 24, 2024. (AP Photo/Gene J. Puskar, File)
April 24

IAEA team inspects treated radioactive water release from Japan's Fukushima nuclear plant

A team of experts from the U.N. nuclear agency has inspected the tsunami-hit Fukushima Daiichi nuclear power plant for a review of its discharge of treated radioactive wastewater into the Pacific
April 24
FILE - The Kashiwazaki-Kariwa plant in Kashiwazaki, Niigata prefecture, northern Japan, on April 2021. The operator of the tsunami-wrecked Fukushima Daiichi nuclear power plant said on Monday that it has obtained permission from safety regulators to start loading atomic fuel into a reactor at its only operable plant in north-central Japan, which it is keen to restart for the first time since the 2011 disaster. Tokyo Electric Power Company Holdings, or TEPCO, said that it obtained the Nuclear Regulation Authority’s approval to load nuclear fuel into the No. 7 reactor at its Kashiwazaki-Kariwa nuclear power plant in Niigata and it was to start the process later Monday. (Kyodo News via AP, File)
April 24

A blast near a ship off Yemen may mark a new attack by Houthi rebels after a recent lull

A ship near the strategic Bab el-Mandeb Strait has seen an explosion in the distance, marking what may be a new attack by Yemen’s Houthi rebels through the crucial waterway for international trade
April 24
This is a locator map for Yemen with its capital, Sanaa. (AP Photo)
April 24

The EU will probe whether China is unfairly denying companies access to its medical devices market

The European Union says it will investigate whether China is using unfair methods to deprive companies in Europe of access to its market for medical devices
April 24
April 24

Boeing posts a $355M loss, as plane maker tries to dig out from latest crisis

Boeing is reporting a $355 million loss for the first quarter
April 24
FILE - Boeing 737 Max airplanes, including one belonging to TUI Group, left, sit parked at a storage lot, Monday, April 26, 2021, near Boeing Field in Seattle. Boeing reports earnings on Wednesday, April 24, 2024. (AP Photo/Ted S. Warren, File)
April 24

Surging auto insurance rates squeeze drivers, fuel inflation

Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation
April 24
FILE - Heavy traffic is seen at O'Hare International Airport in Chicago, Monday, April 15, 2024. Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. (AP Photo/Nam Y. Huh, File)
April 24

German retirees will get an inflation-busting pension increase this year

Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rate
April 24
FILE - Elderly women sit on a bench beside their walker in the sun at a park in Gelsenkirchen, Germany, Wednesday, April 5, 2023. Germany's Cabinet on Wednesday, April 24, 2024, approved a 4.57% rise in retirees' pensions from this summer, an increase that is well above the current rate of inflation. (AP Photo/Martin Meissner, File)
April 24

Edmunds: What you need to know about wrapping your car

If you’ve ever spotted cars with chameleon, chrome-like finishes, patterns such as stripes and camouflage, or just an off-beat pink or lime green, you’ve likely seen a vinyl wrap
April 24
This photo provided by Edmunds shows a 2017 Model 3 during its professional wrap installation process. Just about any kind of color or graphic can be applied. (Courtesy of Edmunds via AP)
April 24

Oil sprays from an ANA flight carrying 213 people as it lands in northern Japan

Airline officials say oil sprayed from an All Nippon Airways plane as it landed in northern Japan, but none of the 213 people on board was injured
April 24
April 24

Biden administration announces plans for up to 12 lease sales for offshore wind energy

The Biden administration has announced plans for a new five-year schedule to lease federal offshore tracts for wind energy production
April 24
FILE - Turbines operate at the Block Island Wind Farm, Dec. 7, 2023, off the coast of Block Island, R.I. The Biden administration is preparing to announce plans for a new five-year schedule to lease federal offshore tracts for wind energy production, with up to a dozen lease sales anticipated beginning this year and continuing through 2028. The plan was to be announced Wednesday, April 24, 2024, in New Orleans by Interior Secretary Deb Haaland. (AP Photo/Julia Nikhinson, File)
April 24

TikTok may be banned in the US. Here's what happened when India did it

The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing app has won congressional approval and is on its way to President Biden for his signature
April 24
FILE- Activists of Jammu and Kashmir Dogra Front shout slogans against Chinese President Xi Jinping next to a banner showing the logos of TikTok and other Chinese apps banned in India during a protest in Jammu, India, July 1, 2020. (AP Photo/Channi Anand, File)
April 24

Volkswagen revamps its approach in China in bid to overtake upstart EV makers

Foreign automakers have been caught flat-footed in China by an electric vehicle boom that has shaken up the market over the last three years
April 24
Stephan Winkelmann Chairman and CEO of Lamborghini unveils the Urus SE, the first hybrid plug-in version of the Lamborghini Super SUV, during a media event by Volkswagen Group a day before the auto show in Beijing, Wednesday, April 24, 2024. The Volkswagen Group, which includes Audi and Porsche, plans to launch 40 new models in China over the next three years and to have a lineup of 30 EVs by 2030. (AP Photo/Ng Han Guan)
April 24
FILE - People pause near an entrance to the New York Stock Exchange in New York, March 19, 2024. (AP Photo/Eduardo Munoz Alvarez, File)
April 24

Iran's Raisi says Israel must be brought to justice for 'usurpation' of Palestinian territories

Iranian President Ebrahim Raisi says Israel must be brought to justice for “usurpation and oppression” of the Palestinian territories, if not there won’t be a guarantee that others would not do the same in other lands
April 24
Iranian President Ebrahim Raisi, disembarks from a plane as he arrives in Colombo, Sri Lanka, Wednesday, April 24, 2024. Raisi is the first Iranian leader to visit Sri Lanka since former President Mahmoud Ahmedinejad visited the country in 2008. (AP Photo/Eranga Jayawardena)
April 24

New Jersey is motivating telecommuters to appeal their New York tax bills. Connecticut may be next

New Jersey is incentivizing taxpayers who work from home for New York based employers to sue New York in court for taxing their wages
April 24
FILE - People wait to drive through the Holland Tunnel into New York City during morning rush hour traffic in Jersey City, New Jersey, on Wednesday, March 8, 2023. New Jersey is incentivizing taxpayers who work from home for New York based employers to sue New York in court for taxing their wages. (AP Photo/Ted Shaffrey, File)
April 24

Olympian Kristi Yamaguchi is 'tickled pink' to inspire a Barbie doll

Like many little girls, a young Kristi Yamaguchi loved playing with Barbie
April 24
This image provided by Mattel in April 2024 shows the company's Kristi Yamaguchi Barbie doll. Yamaguchi became the first Asian American to win an individual gold medal for figure skating at the 1992 Winter Olympics. (Mattel via AP)
April 23

What a TikTok ban in the US could mean for you

After years of attempts to ban the Chinese-owned app, including by former President Donald Trump, a measure to outlaw the popular video-sharing app has won congressional approval and is on its way to President Biden for his signature
April 23
A TikTok content creator, sits outside the U.S. Capitol, Tuesday, April 23, 2024, in Washington as Senators prepare to consider legislation that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers. (AP Photo/Mariam Zuhaib)
April 23

USPS commits to rerouting Reno-area mail despite bipartisan pushback and mail ballot concerns

The USPS announced on Tuesday it will continue with its plan to reroute Reno-area mail processing to Sacramento, a move that drew bipartisan ire from Nevada lawmakers while raising questions about the rate at which mail ballots can be processed in a po...
April 23
FILE - A mail carrier loads a mail truck with mail, March 1, 2024, in Lake Tahoe, Calif. The USPS announced on Tuesday, April 23, that it will follow through with its plan to reroute Reno-area mail processing to Sacramento, a move that drew bipartisan ire from Nevada lawmakers while raising questions about the rate at which mail ballots can be processed in a populous part of a crucial swing state. (AP Photo/Andy Barron, File)
April 23

Senate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signature

The Senate has passed legislation that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of c...
April 23
Sen. Michael Bennet, D-Colo., center, speaks to reporters outside the U.S. Capitol, Tuesday, April 23, 2024, in Washington as Senators prepare to consider legislation that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers. (AP Photo/Mariam Zuhaib)
April 23

Remnants of bird flu virus found in pasteurized milk, FDA says

U.S. health officials say samples of pasteurized milk have tested positive for remnants of the bird flu virus that has infected dairy cows
April 23
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 23

Montana minor league baseball team in dispute with National Park Service over arrowhead logo

A minor league baseball team in Montana is calling out the U.S. Department of Interior for “unwarranted and relentless” trademark claims in a battle over the use of an arrowhead logo
April 23
This combo of graphics provided the Glacier Range Riders and the National Parks Service show's the Range Riders arrowhead logo, left, and the NPS's arrowhead logo. The minor league baseball team in Montana is calling out the Department of Interior for “unwarranted and relentless” trademark claims in a battle over the use of an arrowhead logo. (Glacier Range Riders, left, National Parks Service, right, via AP)
April 23

Biden administration finalizes rule to grant overtime for millions more salaried workers

The Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S. The move marks the largest expansion in federal overtime eligibility in decades
April 23
FILE - A hiring sign is displayed in Riverwoods, Ill., Tuesday, April 16, 2024. The Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S. The move marks the largest expansion in federal overtime eligibility seen in decades. (AP Photo/Nam Y. Huh, File)
April 23

Airlines will now be required to give automatic cash refunds for canceled and delayed flights

The Biden administration is setting new rules on airline fees and refunds
April 23
April 23

How major US stock indexes fared Tuesday, 4/23/2024

Stocks rallied for a second straight day on Wall Street, softening what’s been a rough April
April 23
April 23

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose $1.46 to $83.33 per barrel Tuesday
April 23
April 23

The head of Mexico's detective service says his country is the 'champion' of fentanyl production

The head of Mexico's detective service has acknowledged the country is “the champion” of fentanyl production, which appears to run counter to past statements by President Andrés Manuel López Obrador
April 23
Mexican President Andres Manuel Lopez Obrador gives his regularly scheduled morning press conference at the National Palace in Mexico City, Tuesday, April 16, 2024. (AP Photo/Marco Ugarte)
April 23

New federal rule would bar 'noncompete' agreements for most employees

U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency, though the rule is sure to be challenged in court
April 23
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 23

Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months

Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday
April 23
FILE - The Stellantis sign appears outside the Chrysler Technology Center, Jan. 19, 2021, in Auburn Hills, Mich. Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday, April 23, 2024. (AP Photo/Carlos Osorio, File)
April 23

Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say

Caitlin Clark appears to be on the cusp of setting another record
April 23
Indiana Fever's Caitlin Clark holds her jersey following a WNBA basketball news conference, Wednesday, April 17, 2024, in Indianapolis. (AP Photo/Darron Cummings)