The Associated Press
Business News
AI may trigger 'job apocalypse' cutting 8 million positions, study shows
The technology could herald a "job apocalypse," the study said.
March 27, 2024MyPillow, owned by election denier, faces eviction from Minnesota warehouse
A court has ordered the eviction of MyPillow from a suburban Minneapolis warehouse that it formerly used
March 27, 2024What to know about the cargo ship Dali, a mid-sized ocean monster that took down a Baltimore bridge
Here’s what to know about the cargo ship that crashed into Baltimore’s Francis Scott Key Bridge, causing it to collapse and leaving six construction workers presumed dead
March 28, 2024
Latest Business Video
Latest Business Video
Latest Business Headlines
15 minutes ago
California proposal would change how power bills are calculated, aiming to relieve summer spikes
A new proposal from California regulators would change how power companies calculate their customer's bills
15 minutes ago
34 minutes ago
How major US stock indexes fared Thursday, 3/28/2024
Wall Street coasted to its latest winning month and quarter by rising to more records
34 minutes ago
2 hours ago
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for May delivery rose $1.82 to $83.17 per barrel Thursday
2 hours ago
2 hours ago
Georgia lawmakers approve private water utility bypassing county to serve homes near Hyundai plant
Georgia lawmakers have agreed to change a state law so that a private utility can provide water service to homes near Hyundai's upcoming electric vehicle plant without permission from local governments
2 hours ago
2 hours ago
The stock market has skyrocketed to start 2024. Will it continue?
The S&P 500 has climbed 10% this year.
2 hours ago
3 hours ago
A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investors
3 hours ago
4 hours ago
Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles
Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a seller
4 hours ago
4 hours ago
Owning Wrexham is hitting Ryan Reynolds in the wallet. Club owes its celebrity owners more than $11M
Owning a soccer club is hitting Ryan Reynolds in the wallet
4 hours ago
March 28
Kroger is closing 3 spoke facilities in its Texas and Florida e-commerce operations
Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations
March 28
March 28
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a stubbornly low inventory of properties on the market this spring homebuying season
March 28
March 28
The Bankman-Fried verdict, explained
Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency
March 28
March 28
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Stocks that traded heavily or had substantial price changes on Thursday: MillerKnoll, Chemours fall; Verint Systems, RH rise
March 28
March 28
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls
March 28
March 28
Biden administration restores threatened species protections dropped by Trump
The Biden administration has restored rules to protect imperiled plants and animals that had been rolled back under former President Donald Trump
March 28
March 28
The Biden administration has restored threatened species protections dropped during Donald Trump's presidency
The Biden administration has restored threatened species protections dropped during Donald Trump's presidency
March 28
March 28
Latvia's foreign minister will step down after a probe over his office's use of private flights
Latvia’s top diplomat said on Thursday he will step down in the wake of a criminal probe over the use of expensive private flights by his office when he acted as the Baltic country’s prime minister between 2019-2023
March 28
March 28
A timeline of the historic collapse of FTX
Bankman-Fried received a sentence of 25 years in prison on Thursday.
March 28
March 28
Fallen cryptocurrency mogul Sam Bankman-Fried sentenced to 25 years in prison for massive fraud
Fallen cryptocurrency mogul Sam Bankman-Fried sentenced to 25 years in prison for massive fraud
March 28
March 28
Glen Taylor says the T-wolves are no longer for sale. Lore and A-Rod say it's seller remorse
The ownership transfer of the Minnesota Timberwolves has slammed to a halt
March 28
March 28
Ex-Gucci designer Alessandro Michele named the new creative head at Valentino
The former Gucci designer Alessandro Michele has been named the new creative director at Valentino, following the sudden departure last week of Pierpaolo Piccioli after 25 years
March 28
March 28
Federal EV charging stations are key to Biden's climate agenda, yet only 4 states have them
Electric vehicle charging ports are a key part of President Joe Biden’s effort to encourage drivers to move away from gasoline-powered cars and trucks that contribute to global warming, but only four states have them
March 28
March 28
Maryland seeks $60M in federal help to start recovery plan for collapsed Baltimore bridge
Massive barges carrying cranes are heading to Baltimore to begin the challenging work of removing twisted metal and concrete from the collapsed bridge that’s blocking a key shipping route
March 28
March 28
Applications for US unemployment benefits dip to 210,000 in strong job market
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security
March 28
March 28
4 Canadian school boards sue Snapchat, TikTok and Meta for disrupting students' education
Four of the largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning
March 28
March 28
US changes how it categorizes people by race and ethnicity. It's the first revision in 27 years
For the first time in 27 years, the U.S. government is changing how it categorizes people by race and ethnicity
March 28
March 28
US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said in an upgrade from its previous estimate
March 28
March 28
Michelle Yeoh to join business and political leaders at Global Citizen NOW summit to fight poverty
Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced...
March 28
March 28
Ford to trim workforce at plant that builds its F-150 Lightning as sales of EVs slow
Ford will drastically cut the number of hourly workers at its factory that builds the Ford F-150 Lightning as sales of electric vehicles slow, according to a media report
March 28
March 28
Home Depot buying supplier to professional contractors in a deal valued at about $18.25 billion
Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion
March 28
March 28
Home Depot to buy supplier SRS Distribution for $18 billion, capitalizing on growing business with professional builders
Home Depot to buy supplier SRS Distribution for $18 billion, capitalizing on growing business with professional builders
March 28
March 28
Poland and Ukraine leaders cite progress on regulating Ukrainian food imports to ease farmer anger
Ukrainian and Polish leaders say they have made progress on regulating Ukraine food imports that have led to farmer protests in Europe
March 28
March 28
German mail service stops using domestic flights to transport letters after 63 years
Germany’s main national postal carrier has stopped using domestic flights to transport letters after nearly 63 years
March 28
March 28
Oxford coach blasts Thames pollution as a national disgrace ahead of Boat Race with Cambridge
The coach of Oxford’s crew taking part in the Boat Race has described the pollution in London’s River Thames as a “national disgrace.”
March 28
March 28
VP Harris says US agencies must show their AI tools aren't harming people's safety or rights
U.S. federal agencies must show that their artificial intelligence tools aren’t harming the public, or stop using them, under new rules unveiled by the White House
March 28
March 28
China lifts heavy tariffs on Australian wine as ties improve
China says it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries
March 28
March 28
China lifts heavy tariffs on Australian wine after three years, as ties improve
China lifts heavy tariffs on Australian wine after three years, as ties improve
March 28
March 28
Stock market today: Wall Street rises to more records to close out its latest winning month
Wall Street coasted to its latest winning month and quarter by rising to more records
March 28
March 28
Top Chinese official says green, high tech development key as nation seeks to spur economy
A top Communist Party official says China is committed to introducing reforms that will upgrade the technological level of its largely manufacturing-based economy
March 28
March 28
It's a bittersweet Easter for chocolate lovers and African cocoa farmers but big brands see profits
Shoppers may get a bitter surprise in their Easter baskets this year
March 28
March 28
China's latest EV is a 'connected' car from smart phone and electronics maker Xiaomi
Chinese smart consumer electronics maker Xiaomi is joining China's booming but crowded market for electric cars with a sporty high-tech sedan
March 28
March 28
A fight to protect the dignity of Michelangelo's David raises questions about freedom
Merchandise focusing on the statues genitalia has seen a backlash.
March 28
March 28
US journalist marks a year in a Russian prison as courts keep extending his time behind bars
Wall Street Journal reporter Evan Gershkovich marks a year behind bars on Friday following his arrest by Russian authorities who accuse him of espionage but have offered no supporting evidence
March 28
March 28
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history
March 28
March 28
What to know about the cargo ship Dali, a mid-sized ocean monster that took down a Baltimore bridge
Here’s what to know about the cargo ship that crashed into Baltimore’s Francis Scott Key Bridge, causing it to collapse and leaving six construction workers presumed dead
March 28
March 27
A $500K house was built on the wrong Hawaii lot. A legal fight is unfolding over the mix-up
A woman who purchased a vacant lot in Hawaii was surprised to find out a $500,000 house was built on the property by mistake
March 27
March 27
Debate emerges over whether modern protections could have saved Baltimore bridge
A debate has emerged over whether modern safety protections could have saved a Baltimore bridge after it was struck by a cargo ship
March 27
March 27
Massachusetts, Rhode Island and Connecticut receive proposals for offshore wind projects
Massachusetts, Rhode Island and Connecticut have received proposals for offshore wind projects as the three East Coast states hope to boost their reliance on the renewable energy source
March 27
March 27
France's Macron tells Brazilian execs that prospective Mercosur-EU deal is 'terrible' and outdated
French President Emmanuel Macron has told Brazilian executives that a proposed deal between the European Union and the South American trade bloc Mercosur is bad for both parties
March 27
March 27
Ship was undergoing engine maintenance in port before it lost power and crashed into Baltimore bridge, Coast Guard says
Ship was undergoing engine maintenance in port before it lost power and crashed into Baltimore bridge, Coast Guard says
March 27
March 27
Steward Health Care strikes deal to sell its nationwide physician network to Optum
Financially embattled hospital operator Steward Health Care has struck a deal to sell its nationwide physician network to Optum, a subsidiary of UnitedHealth Group, as it works to stabilize its finances
March 27