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Business News
What issues to watch as 'big, beautiful bill' moves to the Senate
House Republicans are jubilant about muscling through President Donald Trump’s “big, beautiful” tax and immigration package by a single vote
May 23, 2025Jet engine maker Pratt & Whitney reaches tentative agreement with striking machinists
Jet engine maker Pratt & Whitney says it has reached a tentative agreement with the union representing about 3,000 machinists in Connecticut
4 hours agoThai officials seize over 200 tons of illegally imported electronic waste from U.S.
Thai officials on Wednesday said they seized 238 tons of illegally imported electronic waste from the United States, one of the biggest lots they've found this year
May 14, 2025
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2 hours ago
Tech expert unpacks Trump’s threat to add a 25% tariff to the iPhone
ABC News’ Stephanie Ramos spoke with Victoria Song, a senior reviewer for The Verge, about whether Apple can meet President Donald Trump’s demand to manufacture iPhones in the U.S.
2 hours ago
4 hours ago
Jet engine maker Pratt & Whitney reaches tentative agreement with striking machinists
Jet engine maker Pratt & Whitney says it has reached a tentative agreement with the union representing about 3,000 machinists in Connecticut
4 hours ago
May 23
McDonald's is closing its CosMc's restaurants but plans to test drinks the chain 'inspired'
McDonald’s says it's closing down CosMc’s, a new restaurant format it began piloting in the U.S. last year
May 23
May 23
Stocks close down as Trump threatens tariffs on Apple and European Union
The market dip erases some gains in recent weeks as Trump rolled back levies.
May 23
May 23
Trump says US Steel will keep HQ in Pittsburgh as part of $14B 'partnership' with Japan-based Nippon
President Donald Trump says U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “planned partnership” between the iconic American steelmaker and Japan-based Nippon Steel, which has sought to buy it
May 23
May 23
Here's a look at recent aircraft tragedies, mishaps and close calls
At least three people were killed when a private jet crashed into a San Diego neighborhood Thursday morning, adding to the long list of aviation disasters this year
May 23
May 23
Publix recalls baby food pouches after testing finds elevated levels of lead
The Publix supermarket chain is recalling fruit and vegetable baby food because testing found elevated levels of lead
May 23
May 23
What issues to watch as 'big, beautiful bill' moves to the Senate
House Republicans are jubilant about muscling through President Donald Trump’s “big, beautiful” tax and immigration package by a single vote
May 23
May 23
FTC abandons Biden-era effort to block Microsoft's acquisition of Activision Blizzard
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard
May 23
May 23
The new US ambassador meets Starmer after Trump urges the UK to drill for more oil
U.S. Ambassador Warren Stephens has met Prime Minister Keir Starmer after President Donald Trump urged the U.K. to ditch wind power projects and drill for oil
May 23
May 23
Trump threatens tariffs on Apple unless iPhone production comes to US. Can it happen?
Trump criticized the company's choice to build more iPhones in India.
May 23
May 23
Homeowners spend on renovations and repairs despite the uncertain economy and higher prices
U.S. homeowners are boosting spending on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy
May 23
May 23
US investment firm Redbird agrees to buy Britain’s venerable Telegraph newspaper
A consortium led by U.S. investment firm Redbird Capital Partners has agreed to buy the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about $674 million
May 23
May 23
Germany's economy grew by 0.4% in the 1st quarter. That's double the initial estimate
The German economy, Europe’s biggest, grew by 0.4% in the first quarter thanks to stronger-than-expected exports and manufacturing
May 23
May 23
'Investment, not tariffs,' says Ishiba after telephone talks with Trump before 3rd round of talks
Japan’s Prime Minister Shigeru Ishiba said Friday that he held telephone talks with U.S. President Donald Trump and agreed to hold “productive” discussion at an upcoming tariff talks between the two sides
May 23
May 23
This redundant aviation safety net helps keep planes safe when controllers lose contact
News that air traffic controllers directing planes into New Jersey’s busiest airport twice lost both their radar and radios is alarming
May 23
May 22
World stocks are mixed and oil prices slip after Treasury yields ease
World shares are mixed as U.S. Treasury yields ease after a rocky week due to worries in the bond market over mounting U.S. government debt
May 22
May 22
Louisiana stifles community air monitoring with threat of million-dollar fines, federal lawsuit says
A coalition of Louisiana environmental groups is suing the state over a law they say violates their free speech rights by restricting them from sharing information about air quality
May 22
May 22
Stars convene for amfAR gala to raise millions for AIDS research
Artwork by Adrien Brody and James Franco and a chance to sit courtside at a Knicks game with director Spike Lee were among the starry offerings at the annual amfAR Gala to raise money for AIDS research
May 22
May 22
Brazil's JBS asks shareholders to overlook opposition and approve a US stock listing
Brazil-based meat giant JBS hopes an upcoming shareholder vote will put it one step closer to a listing on the New York Stock Exchange
May 22
May 22
FTC dismisses lawsuit against PepsiCo
The Republican-controlled Federal Trade Commission has voted to dismiss a lawsuit against PepsiCo that the previous commission filed in the waning days of the Biden administration
May 22
May 22
Argentina's Milei unveils bold plan to lure billions in undeclared dollars back home
Argentina’s government has unveiled an ambitious scheme to bring billions of undeclared U.S. dollars tucked under mattresses or stashed in foreign bank accounts back into the crisis-prone country
May 22
May 22
Weight-loss drugs may lower cancer risk in people with diabetes, a study suggests
Researchers are beginning to wonder if blockbuster drugs like Wegovy, Ozempic and Zepbound could play a role in preventing cancer
May 22
May 22
What we know about a private plane's fatal crash into a San Diego neighborhood
Authorities say a private plane clipped power lines before slamming into a home in San Diego
May 22
May 22
Tax bill passed by House Republicans would gut Biden-era clean energy tax credits
The budget reconciliation bill passed by House Republicans early Thursday would gut clean energy tax credits that Democrats approved three years ago
May 22
May 22
Here's a look at recent aircraft tragedies, mishaps and close calls
At least three people were killed when a private jet crashed into a San Diego neighborhood Thursday morning, adding to the long list of aviation disasters this year
May 22
May 22
Bitcoin hits record high, past $110,000 for 1st time
Ether, the second-largest cryptocurrency, jumped 6%. The $TRUMP memecoin, a cryptocurrency launched by President Donald Trump in January, increased by nearly 6%.
May 22
May 22
Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers that threatens to slow sales further this spring homebuying season
May 22
May 22
RFK Jr.'s MAHA report raises concerns about vaccines, American foods and prescription drugs
A new government-issued report reflects some of the most controversial views on vaccines, the nation’s food supply, pesticides and prescription drugs held by Health and Human Services Secretary Robert F
May 22
May 22
Mercedes-Benz will establish its North American HQ in Georgia, moving hundreds of jobs
Mercedes-Benz plans to establish its North American headquarters in metro Atlanta, where the automaker will expand its existing U.S. corporate hub by adding hundreds of jobs relocated from other cities
May 22
May 22
Senate votes to block California’s rule banning the sale of new gas-powered cars by 2035
The Senate has voted to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035
May 22
May 22
Bitcoin hit a record high. Here's why.
The price of bitcoin surged past $110,000 for the first time.
May 22
May 22
EU foreign policy chief calls on Serbia to make a 'strategic choice' between West and East
European Union’s foreign policy chief says that membership candidate Serbia faces a “strategic choice” of direction
May 22
May 22
April home sales slow with high mortgage rates, prices, putting chill into spring buying season
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home shoppers during what’s traditionally the busiest time of the year for the housing market
May 22
May 22
FDA panel debates COVID vaccine recipe as questions swirl about fall shots
Government vaccine advisers are meeting to decide if the recipe for COVID-19 vaccines needs updating for this fall and winter
May 22
May 22
US filings for jobless aid, a proxy for layoffs, inch down modestly last week
The number of Americans filing unemployment claims last week fell slightly as businesses continue to retain employees despite growing economic uncertainty over U.S. trade policy
May 22
May 22
A wave of new owners brings fresh energy to independent bookselling
Amber Salazar is the kind of idealist you just knew would end up running a store like Banned Wagon Books
May 22
May 22
Thailand's ex-Prime Minister Yingluck ordered to pay for losses from a rice subsidy program
A Thai court has ordered exiled former Prime Minister Yingluck Shinawatra to pay more than $304 million to compensate for losses incurred by a money-losing rice farming subsidy program that her government had implemented more than a decade ago
May 22
May 22
Trump's big tax bill has passed the House. Here's what's inside it
House Republicans have taken a major step forward on President Donald Trump’s agenda
May 22
May 22
Fewer study and work visas lead to halving in net migration in the UK in 2024
Fewer work and study visas contributed to a near-halving in net migration into the U.K. — the number of people moving to the U.K. minus the number of those moving abroad — in 2024
May 22
May 22
US tariff hikes, Myanmar war and sea disputes will top ASEAN summit agenda
The civil war in Myanmar, maritime disputes in the South China Sea and U.S. tariff hikes will top the agenda of a two-day Southeast Asian summit next week
May 22
May 22
Crypto industry saw Trump as a champion, now fear he's putting personal profits first
President Donald Trump has hosted top investors for one of his cryptocurrency projects at his luxury golf course in Northern Virginia
May 22
May 22
Kenyans worry a US duty-free trade deal might end and expose them to Trump's tariffs
It’s crunch time for the maker of Levi’s and Wrangler jeans in Kenya’s capital
May 22
May 22
Here's the late changes Republicans made to Trump's big bill
Republicans have made several late changes to their tax cut and immigration bill
May 22
May 21
Senate clears way to block clean air standards in California, including vehicle emission rules
Senate Republicans have voted to establish a new precedent that will allow them to roll back clean air standards in California, including a rule phasing out the sale of new gas-powered cars by 2035
May 21
May 21
Asian shares slip as worries about U.S. debt send Wall St tumbling
Asian shares have followed Wall Street lower after shares slumped under pressure from the bond market due to worries over U.S. debt
May 21
May 21
Industry leaders urge Senate to protect against AI deepfakes with No Fakes Act
Tech and music industry leaders testified about the dangers of deepfakes made with artificial intelligence on Wednesday, urging lawmakers to pass legislation that would protect people’s voices and likenesses from replication without consent
May 21
May 21
Dow closes down 800 points as bond sell-off rattles markets
The bond sell-off coincided with deficit concerns over a tax cut bill.
May 21
May 21
Why are more shoppers struggling to repay 'buy now, pay later' loans?
Short-term lender Klarna says more customers are having trouble repaying their “buy now, pay later” loans
May 21
May 21
Saying Trump exceeded his authority, 12 states ask court to strike down his sweeping tariffs
Twelve states on Wednesday urged a federal court to strike down President Donald Trump’s sweeping taxes on imports, saying he had exceeded his authority, left U.S. trade policy dependent on his whims and unleashed economic chaos
May 21