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Trump will soon be able to sell shares in Truth Social's parent company. What's at stake?
NEW YORK (AP) — For all the debate about just how rich former President Donald Trump is, one thing is clear: His ownership stake in Trump Media & Technology Group makes him a billionaire. The company behind the Truth Social platform is worth more than $3 billion on Wall Street,...
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business. CEO Pat Gelsinger said in a message to employees late...
UAW's rift with Stellantis raises fear that some US auto jobs could vanish
STERLING HEIGHTS, Mich. (AP) — To Ruth Breeden, whose job is to assemble Ram trucks in this Detroit suburb, a simmering dispute between the United Auto Workers union and Stellantis isn't merely about whether her employer will reopen a distant factory in Illinois. To her, the standoff is a danger...
Campbell wants to say goodbye to the 'soup' in its name. It isn't the first to make such a change
NEW YORK (AP) — Campbell is ready to drop the soup — at least from its official name. Campbell Soup Co. announced its intention to change its name at an annual meeting of investors on Tuesday. The 155-year-old food seller, which is most famous for its namesake canned soups, says...
A mural honoring scientists hung in Pfizer's NYC lobby for 60 years. Now it's up for grabs
NEW YORK (AP) — A mural honoring ancient and modern figures in medicine that has hung in the lobby of Pfizer’s original New York City headquarters for more than 60 years could soon end up in pieces if conservationists can’t find a new home for it in the next few weeks. ...
As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worried
FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history, saying it otherwise won't meet the cost-cutting goals it needs to remain competitive. CEO Oliver Blume also told employees...
Tennis attire is everywhere. Credit the pandemic, social media and pickleball
While tennis fans savor the last matches of the U.S. Open, a subset of spectators and TV viewers have watched the year's final Grand Slam tournament as a source of fashion inspiration they can use to serve looks off the court. It may have escaped people who don't pay attention to...
Environment solution: New metals refinery for nickel and cobalt opens in Ohio
In a step forward for efforts to acquire the metals crucial to addressing climate change, on Monday a new plant that can extract nickel and cobalt from scrap material opens in Fairfield, Ohio. The resulting metals will be used in new batteries and other clean energy markets. ...
Nearly 2,000 drug plants are overdue for FDA checks after COVID delays, AP finds
WASHINGTON (AP) — Federal regulators responsible for the safety of the U.S. drug supply are still struggling to get back to where they were in 2019, before the COVID-19 pandemic upended factory inspections in the U.S. and across the world, The Associated Press has found. An AP...
Best Buy reports another drop in quarterly sales amid cautious buying but business is stabilizing
NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, on Thursday reported another quarterly drop in sales due to Americans pulling back on purchases of appliances and consumer-electronics gadgets to focus on essentials. But the latest period showed Best...
