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15 minutes ago

UPS boosts volume in US for first time since 2022, but profit and revenue slide

UPS managed to boost its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street’s expectations partly due to a hefty charge
15 minutes ago
FILE - A delivery vehicle passes by a UPS depot, June 29, 2023, in New York. (AP Photo/John Minchillo, File)
25 minutes ago

With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%

U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago
25 minutes ago
FILE - Unsold 2024 Escalade utility vehicles sit in a row outside a Cadillac dealership on June 2, 2024, in Lone Tree, Colo. General Motors reports earnings on Tuesday, July 23, 2024. (AP Photo/David Zalubowski, File)
26 minutes ago

Lofty US vehicle prices push second quarter profits up 15% at General Motors, to $2.9 billion

Lofty US vehicle prices push second quarter profits up 15% at General Motors, to $2.9 billion
26 minutes ago
31 minutes ago

UPS grows its US volume for the first time since 2022, but profit and revenue slide

UPS grows its US volume for the first time since 2022, but profit and revenue slide
31 minutes ago
2 hours ago

China's Baosteel to buy out Nippon Steel's 50% stake in auto steel venture

China’s Baosteel says it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million
2 hours ago
FILE - Nippon Steel Corporation's logo is displayed on a sign outside its headquarters in Tokyo on Nov. 26, 2021. China’s Baosteel said Tuesday that it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million. (AP Photo/Hiro Komae, File)
2 hours ago

China's Baosteel says it will acquire Nippon Steel's 50% stake in their auto steel joint venture

China's Baosteel says it will acquire Nippon Steel's 50% stake in their auto steel joint venture
2 hours ago
2 hours ago

India's Modi focuses on jobs creation in first budget after winning polls

Indian Prime Minister Narendra Modi plans to raise spending to create more jobs and spur economic growth
2 hours ago
Indian commuters leave the Dadar train terminus in Mumbai, India, Tuesday, July 23, 2024. India’s finance minister Nirmala Sitharaman on Tuesday unveiled the first full annual budget of the newly elected government following the national election. (AP Photo/Rafiq Maqbool)
3 hours ago

Stock market today: World shares are mixed, Chinese indexes sink, after Wall St snaps losing streak

World shares are mixed and Chinese shares saw their worst day in six months as investors showed scant enthusiasm for Beijing's latest policy moves
3 hours ago
Currency traders pass by the screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 23, 2024. (AP Photo/Ahn Young-joon)
July 23

In Washington state, Inslee's final months aimed at staving off repeal of landmark climate law

Voters in Washington state will decide this fall whether to keep one of the country's more aggressive laws aimed at stemming carbon pollution
July 23
FILE - Washington Gov. Jay Inslee sits in front of a solar panel after speaking, Dec. 13, 2021, at a news conference in Olympia, Wash. (AP Photo/Ted S. Warren, File)
July 23

South Korean tech giant Kakao's founder arrested in stock price manipulation case

South Korean prosecutors have arrested the founder of the country’s tech giant Kakao Corp. on suspicion of stock price rigging during his company’s takeover of a major K-pop agency last year
July 23
Kim Beom-su, center, the founder of the country's tech giant Kakao Corp., leaves a courtroom after a warrant hearing at the Seoul Southern District Court in Seoul, South Korea, Monday, July 22, 2024. (Yoon Dong-jin/Yonhap via AP)
July 22

Billion-dollar Mitsubishi chemical plant economically questionable, energy group says

An energy group says a $1.3 billion chemical production facility to be built in Louisiana by Japanese conglomerate Mitsubishi Chemical Group is economically questionable and unnecessarily increases greenhouse gas emissions
July 22
July 22

New Mexico village battered by wildfires in June now digging out from another round of flooding

A southern New Mexico village that was ravaged by wildfires in June and then battered off-and-on by flooding across burn scars is cleaning up again from another round of flash flooding
July 22
July 22

Safety regulators are investigating another low flight by a Southwest jet, this time in Florida

Federal officials are investigating an incident in which a Southwest Airlines jet flew as low as 150 feet over water while it was still about 5 miles from its intended landing spot in Tampa, Florida
July 22
FILE - A traveler walks through the Southwest Airlines ticketing counter area at the Los Angeles International Airport in Los Angeles, April 18, 2023. Federal officials are investigating an incident on July 14, 2024, in which a Southwest jet flew as low as 150 feet (45 meters) over water while it was still several miles from its intended landing spot at the airport in Tampa, Fla. (AP Photo/Jae C. Hong, File)
July 22

Despite Musk's Trump endorsement, X remains a go-to platform for Democrats

A week after Elon Musk endorsed Donald Trump for president, President Joe Biden’s team used Musk’s social media platform X — in addition to more neutral spaces such as Facebook and Instagram — to announce he is ending his campaign for reelection
July 22
FILE - The Twitter logo is seen on the awning of the building that houses the Twitter office in New York, on Oct. 26, 2022. The European Union says blue checkmarks from Elon Musk’s X are deceptive and that the online platform falls short on transparency and accountability requirements. (AP Photo/Mary Altaffer, File)
July 22

Conservatives use shooting at Trump rally to attack DEI efforts at Secret Service

Several Republican lawmakers seized on gender and diversity, equity and inclusion efforts at the Secret Service as among the reasons for security lapses during the assassination attempt on former President Donald Trump
July 22
Kimberly Cheatle, Director, U.S. Secret Service, testifies during a House Committee on Oversight and Accountability hearing on Oversight of the U.S. Secret Service and the Attempted Assassination of President Donald J. Trump, on Capitol Hill, Monday, July 22, 2024, in Washington. (AP Photo/Rod Lamkey, Jr.)
July 22

Darren Walker, president of Ford Foundation, will step down by the end of 2025

Darren Walker, the president of the Ford Foundation, will step down from his role by the end of 2025
July 22
FILE - Darren Walker, president of the Ford Foundation, participates in the Global Citizen NOW conference in New York, April 28, 2023. The foundation announced Monday, July 22, 2024, that Walker, who has led the foundation since 2013, will step down from his role by the end of 2025. (AP Photo/Seth Wenig, File)
July 22

Lawmakers in Nigeria try to resolve rift between authorities and Africa's richest man

Nigerian legislators have begun an investigation into the alleged importation of contaminated fuel into the country, part of efforts to resolve issues causing a rift between an oil refinery owned by Africa’s richest man Aliko Dangote and the industry r...
July 22
FILE - Aliko Dangote, Africa's wealthiest man, smiles during the opening ceremony of Africa's biggest oil refinery in Lagos, Nigeria, Monday, May 22, 2023. Nigerian legislators on Monday, July 22, 2024, began a probe into the allegations of the importation of contaminated fuel into the country, as part of moves to resolve wider issues causing a rift between an oil refinery owned by Dangote and the industry regulator. (AP Photo/Sunday Alamba, File)
July 22

Labor unions start to unify behind Kamala Harris. Here's why.

"She has close ties to many, many unions," one labor official said.
July 22
Vice President Kamala Harris talks to a union leader while she walks a picket line with striking UAW members, Oct. 3, 2019 at a General Motors facility just north of Reno, Nev.
July 22

How major US stock indexes fared Monday, 7/22/2024

Stocks closed broadly higher on Wall Street Monday, clawing back some of the losses from their worst week since April
July 22
July 22

Eminem brings Taylor Swift's historic reign at No. 1 to an end, Stevie Wonder's record stays intact

Eminem’s 12th studio album, “The Death of Slim Shady (Coup de Grâce),” has debuted at No. 1 on the Billboard 200, unseating Taylor Swift’s “The Tortured Poets Department” after 12 weeks
July 22
Eminem performs at the Bonnaroo Music and Arts Festival on June 9, 2018, left, and Taylor Swift performs at Wembley Stadium in London as part of her Eras Tour on June 21, 2024. Eminem’s 12th studio album, “The Death of Slim Shady (Coup de Grâce),” has debuted at No. 1 on the Billboard 200, unseating Taylor Swift’s “The Tortured Poets Department” after 12 weeks. (AP Photo)
July 22

Warner Bros. Discovery informs NBA it will match Amazon Prime Video's offer to air games

Turner Sports intends to continue its longtime relationship with the NBA
July 22
FILE - An NBA logo is seen at center court prior to an NBA basketball game between the Los Angeles Clippers and the Los Angeles Lakers, Thursday, July 30, 2020, in Lake Buena Vista, Fla. The NBA has agreed to terms on its new media deal, an 11-year agreement worth $76 billion that assures player salaries will continue rising for the foreseeable future and one that will surely change how some viewers access the game for years to come. (Mike Ehrmann/Getty Images via AP, Pool, File)
July 22

Warner Bros. Discovery informs NBA it will match Amazon Prime Video's offer to carry games

Warner Bros. Discovery informs NBA it will match Amazon Prime Video's offer to carry games
July 22
July 22

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for August delivery fell 35 cents to $79.78 per barrel Monday
July 22
July 22

Cleveland-Cliffs will make electrical transformers at shuttered West Virginia tin plant

Cleveland-Cliffs says it will produce electrical transformers at a West Virginia facility that closed earlier this year
July 22
July 22

CrowdStrike CEO called to testify to Congress over cybersecurity's firm role in global tech outage

U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company’s role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services ...
July 22
The logo for CrowdStrike and a Spirit Airlines webpage are shown on a computer screen and mobile phone screen, in New York, Friday, July 19, 2024. 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. (AP Photo/Richard Drew)
July 22

Defamation suit against Fox News by head of dismantled disinformation board tossed by federal judge

A defamation suit against Fox News by a government official who served on a short-lived U.S. government media disinformation board is being dismissed by a federal judge
July 22
FILE - Homeland Security logo is seen during a joint news conference in Washington, Feb. 25, 2015. A federal judge dismissed a lawsuit against Fox News on Monday, July 22, 2024, that accused it of defaming Nina Jankowicz, a former government official who served on a short-lived U.S. government media disinformation board. (AP Photo/Pablo Martinez Monsivais, File)
July 22

Estonia's new government is formally appointed. Its first priority is to improve state finances

Estonia’s president has formally appointed a new government after lawmakers in the Baltic country gave the green light to Prime Minister-designate Kristen Michal’s three-party coalition Cabinet
July 22
Estonia's Prime Minister Kaja Kallas speaks during her arrival at the NATO summit in Washington, Thursday, July 11, 2024. (AP Photo/Mark Schiefelbein)
July 22

AI industry is influencing the world. Mozilla adviser Abeba Birhane is challenging its core values

“Scaling up” is a catchphrase in the artificial intelligence industry as tech companies rush to improve their AI systems with ever-bigger sets of internet data
July 22
(AP Illustration/Jenni Sohn)
July 22

Ryanair, Verizon fall, Reddit, Clearwater Paper rise; Monday, 7/22/2024

Stocks that traded heavily or had substantial price changes on Monday: Ryanair, Verizon fall, Reddit, Clearwater Paper rise
July 22
July 22

Philippine president orders shutdown of Chinese-run online gambling industry employing thousands

Philippine President Ferdinand Marcos Jr. has ordered an immediate ban on the mostly Chinese-run online gaming operations in the country
July 22
First Lady Marie Louise Marcos arrives at the plenary hall ahead of the State of the Nation Address at the House of Representatives in Quezon City, Philippines, on Monday, July 22, 2024. (AP Photo/ Gerard V. Carreon)
July 22

US investigating some Jeep and Ram vehicles after getting complaints of abrupt engine stalling

U.S. auto safety regulators are investigating complaints that some Ram pickups and Jeep Wagoneer SUVs can lose power, shift into park and apply the emergency brake
July 22
This Oct. 1, 2014 photo shows Jeep and Dodge Ram logos on signs at a dealership in Haverhill, Mass. U.S. auto safety regulators are investigating complaints that some Ram pickups and Jeep Wagoneer SUVs can lose power, shift into park and apply the emergency brake. The probe announced Monday, July 22, 2024 covers about 150,000 vehicles made by Stellantis from 2022. (AP Photo/Charles Krupa, file)
July 22

Most airlines except one are recovering from the CrowdStrike tech outage. The feds have noticed

Delta Air Lines is struggling for a fourth straight day to recover from the tech outage, even as other airlines are returning to nearly normal levels of service
July 22
Jose Angel Saavedra, left, and his wife Sara, of Johnston, Iowa, look at their cell phones while trying to book a flight after their original flight was cancelled, Friday, July 19, 2024, at the Des Moines International Airport in Des Moines, Iowa. (AP Photo/Charlie Neibergall)
July 22

Internet is still down in Bangladesh despite apparent calm following deadly protests

Bangladesh is still without internet for a fifth day and the government declared a public holiday Monday, as authorities maintained tight control despite apparent calm following a court order that scaled back a controversial system for allocating gover...
July 22
A cyclist pedals past a burnt vehicle during the last week violence over the quota system in public service in Dhaka, Bangladesh, Monday, July 22, 2024. Internet and mobile data services are still down despite apparent calm in Bangladesh following a verdict that scaled back a controversial quota system for government jobs after weeks of relentless protests that turned deadly. (AP Photo/Rajib Dhar)
July 22

Troubled Boeing stays close to the ground at a major UK air show

European planemaker Airbus plans to show off its newest passenger jet with daily flight demonstrations during one of the world’s biggest aviation trade fairs
July 22
Members of staff display the first class cabin of a Qatar Airways Boeing 787, at the Farnborough International Air Show in Farnborough, England, Monday, July 22, 2024. (AP Photo/Alberto Pezzali)
July 22

EPA awards $4.3 billion to fund projects in 30 states to reduce climate pollution

The Environmental Protection Agency is awarding $4.3 billion in grants to fund projects in 30 states to reduce climate pollution
July 22
Pennsylvania Gov. Josh Shapiro speaks during a news conference overlooking the Susquehanna River from a balcony at the offices of the Susquehanna River Basin Commission, Tuesday, July 9, 2024, in Harrisburg, Pa. (AP Photo/Marc Levy)
July 22

Stock market today: Asian shares are mixed after Wall Street breaks losing streak

Shares are mostly higher in Asia after a rally on Wall Street
July 22
Currency traders pass by the screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 23, 2024. (AP Photo/Ahn Young-joon)
July 22

China moves to pep up its slowing economy, lays out roadmap for its future

China’s central bank has cut key interest rates in a surprise move aimed at injecting pep into the economy, while the ruling Communist Party released a 50-page roadmap addressing long-term challenges
July 22
A women rides her bike past a housing project under construction on the outskirts of Beijing, China, on July 17, 2024. China’s central bank has cut both its five-year loan prime rate and its one-year rate, moving to revive its ailing property sector and rev up the slowing economy. (AP Photo/Vincent Thian)
July 22

China's central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy

China's central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy
July 22
July 21

On a summer Sunday, Biden withdrew with a text statement. News outlets struggled for visuals

The shocking news of President Joe Biden abandoning his race for re-election led news outlets to scramble on a summer Sunday afternoon
July 21
A news crawl appears on the side of the Fox News building in New York, Sunday, July 21, 2024, in the wake of President Joe Biden dropping out of the 2024 race for the White House. (AP Photo/Craig Ruttle)
July 21

Delta Air Lines says cancellations continue as it tries to restore operations after tech outage

Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights
July 21
Kaycee Friend, center, of Pendleton, Ore., waits in line at the Delta Terminal after her flight was cancelled, Friday, July 19, 2024, at Logan International Airport in Boston. (AP Photo/Michael Dwyer)
July 21

Anti-whaling campaigner Paul Watson arrested in Greenland. He faces possible extradition to Japan

Greenland police say they have apprehended veteran environmental activist and anti-whaling campaigner Paul Watson on an international arrest warrant issued by Japan
July 21
FILE - Paul Watson, then founder and President of the animal rights and environmental Sea Shepherd Conservation, attends a demonstration against the Costa Rican government near Germany's President residence during a visit of Costa Rica's president in Berlin, Germany, on Wednesday, May 23, 2012. Greenland police said they arrested Watson on Sunday, July 21, 2024, on an international arrest warrant issued by Japan. (AP Photo/Markus Schreiber, file)
July 21

Small businesses grapple with global tech outages created by CrowdStrike

Businesses from airlines to hospitals have been grappling with faulty software update that caused technological havoc worldwide on Friday
July 21
A patron walks out of a Starbucks at Phoenix Sky Harbor International Airport Friday, July 19, 2024, in Phoenix. 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 (AP Photo/Ross D. Franklin)
July 21

Nepal’s new prime minister seeks vote of confidence in parliament, secure more than two-third votes

Nepal’s newly appointed prime minister has secured overwhelming support in parliament with more than two-thirds of members voting in his favor
July 21
Nepalese Prime Minister Khadga Prasad Oli arrives to ask for a vote of confidence in parliament in Kathmandu, Nepal, Sunday, July 21, 2024. (AP Photo/Niranjan Shrestha)
July 21

Restaurant critic's departure reveals potential hazards of the job

Restaurant critics appear to have the best job in journalism, enjoying meals a few nights a week on someone else’s dime
July 21
FILE - Diners eat lunch at Max's Oyster Bar in West Hartford, Conn., on March 19, 2021. In a recent column, New York Times restaurant critic Pete Wells announced he's leaving the beat because the constant eating has led to obesity and other health problems. (AP Photo/Jessica Hill, File)
July 21

The biggest of stories came to the small city of Butler. Here's how its newspaper met the moment

Butler Eagle reporter Irina Bucur had a relatively straightforward assignment when a Trump rally came to town
July 21
Donna Sybert, Managing Editor of the Butler Eagle newspaper, looks over the newsroom, Wednesday, July 17, 2024, in Butler, Pa. (AP Photo/Matt Slocum)
July 21

Heat-related Texas deaths climb after Beryl left millions without power for days or longer

The number of heat-related deaths in Texas is rising among residents who lost power during Hurricane Beryl
July 21
Janet Jarrett in the bedroom of her sister, Pamela Jarrett, who passed away after suffering heat related distress due to the power outage caused by hurricane Beryl, Friday, July 19, 2024, in Spring, Texas. (AP Photo/Michael Wyke)
July 21

With GOP convention over, Milwaukee weighs the benefits of hosting political rivals

Deep-blue Milwaukee’s downtown turned red as thousands of Republican National Convention delegates and other party stalwarts gathered to formally rally behind Donald Trump as their candidate for president in the pivotal swing state
July 21
Milwaukee resident Jill McCurdy, who identifies as a Democrat, said restaurant owners she knows have not seen the boost in business she hoped the Republican National Convention would bring the city, Thursday, July 18, 2024, in Milwaukee. (AP Photo/Mark Vancleave)
July 20

Malicious actors trying to exploit global tech outage for their own gain

As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain
July 20
American Airlines planes wait at gates at Phoenix Sky Harbor International Airport Friday, July 19, 2024, in Phoenix. An overnight outage was blamed on a software update that cybersecurity firm CrowdStrike sent to Microsoft computers of its corporate customers including many airlines. (AP Photo/Ross D. Franklin)
July 20

Meet some of the world's cleanest pigs, raised to grow kidneys and hearts for humans

Some of the world's cleanest pigs are being raised in the Virginia mountains to supply kidneys and hearts for animal-to-human organ transplants
July 20
Seen through a microscope, DNA is removed from a pig egg cell near Blacksburg, Va., on May 30, 2024, before a genetically modified cell is inserted. (AP Photo/Shelby Lum)
July 20

What to know about the Kids Online Safety Act and its chances of passing

The last time Congress passed a law to protect children on the internet was in 1998 — before Facebook, before the iPhone and long before today’s oldest teenagers were born
July 20
FILE - Students work on a laptop computer at Stonewall Elementary in Lexington, Ky., Feb. 6, 2023. A bill aiming to protect kids from the harms of social media, gaming sites and other online platforms appears to have enough bipartisan support to pass, though whether it actually will remains uncertain. (AP Photo/Timothy D. Easley, File)