Latest Business News
Battery-powered devices are overheating more often on planes and raising alarm
Devices powered by lithium-ion batteries are overheating more often during airline flights and passengers often put them in checked bags that go into the cargo hold, where a fire might not be detected as quickly. Overheating incidents rose 28% from 2019 to 2023, although such events...
Stock market today: Wall Street claws back some of its losses from a weak week
NEW YORK (AP) — U.S. stocks are rising Monday and clawing back some of the losses from their worst week in nearly a year and a half. The S&P 500 was 0.6% higher in midday trading and on track to break a four-day losing streak. The Dow Jones Industrial Average was up 373 points,...
US seeks new pedestrian safety rules aimed at increasingly massive SUVs and pickup trucks
DETROIT (AP) — The U.S. government's road safety agency wants the auto industry to design new vehicles including i ncreasingly large SUVs and pickup trucks so they reduce pedestrian deaths and injuries. The National Highway Traffic Safety Administration said Monday that it's...
Vietnam storm deaths rise to 64 as a bridge collapses and flooding sweeps away a bus
HANOI, Vietnam (AP) — A bridge collapsed and a bus was swept away by flooding in Vietnam on Monday, raising the death toll in the Southeast Asian country to at least 64 from a typhoon and subsequent heavy rains that also damaged factories in export-focused northern industrial hubs, state media...
How the iPhone 16 is different from Apple’s recent releases
Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up its frequently dim-witted assistant Siri to creating customized emojis on the fly. The new era will dawn Monday with the unveiling of the hotly...
Waffle House CEO Walt Ehmer has died at age 58
ATLANTA (AP) — Walt Ehmer, the president and CEO of Waffle House and a member of the board of trustees for the Atlanta Police Foundation, has died at age 58, the foundation announced Sunday. Ehmer joined Waffle House in 1992 and quickly rose to senior leadership, becoming president...
Givenchy names Sarah Burton new creative director
PARIS (AP) — Givenchy has named Sarah Burton creative director for women’s and men’s collections, with immediate effect, the fashion house announced on Monday. Burton, who stepped down from Alexander McQueen last year, said she was excited “to bring to Givenchy my own vision,...
LL Flooring reverses course and will keep hundreds of stores under new owner
NEW YORK (AP) — After securing a last-minute buyer, LL Flooring is reversing course on shutting down all of its stores. The hardwood flooring retailer formerly known as Lumber Liquidators signed an agreement with private equity firm F9 Investments for a sale of its business on...
Got Rizz? Co-founder of new dating app on using AI as your matchmaking wingman
NEW YORK (AP) — Can artificial intelligence be an effective wingman? Roman Khaves, co-founder and CEO of Rizz, thinks so. The AI dating assistant app analyzes screenshots of conversations you're having on other platforms — from Tinder to iMessage — and crafts reply suggestions....