Latest Business News

Ed Dwight, America's first Black astronaut candidate, finally goes to space 60 years later

May. 20, 2024 04:08 AM EDT

VAN HORN, Texas (AP) — Ed Dwight, America’s first Black astronaut candidate, finally rocketed into space 60 years later, flying with Jeff Bezos’ rocket company on Sunday. Dwight was an Air Force pilot when President John F. Kennedy championed him as a candidate for NASA’s...

Stock market today: Asian stocks advance after Wall Street closes out another winning week

May. 20, 2024 02:38 AM EDT

HONG KONG (AP) — Asian stocks advanced Monday after U.S. stock indexes drifted near their records, with the Dow Jones Industrial Average closing above 40,000 for the first time. U.S. futures rose, and oil prices climbed as investors focused on the Middle East, where a helicopter...

Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature

May. 20, 2024 01:56 AM EDT

ST. PAUL, Minn. (AP) — A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature on Sunday before the midnight deadline. The House passed the compensation bill but the...

What happened in the UK's infected blood scandal? Inquiry report will be revealed on Monday

May. 20, 2024 01:26 AM EDT

LONDON (AP) — The final report of the U.K.'s infected blood inquiry will be published Monday, nearly six years after it began looking into how tens of thousands of people contracted HIV or hepatitis from transfusions of tainted blood and blood products in the 1970s and 1980s. The...

What a blast to work at NASA. Space agency is sky-high again in latest survey of federal employees

May. 20, 2024 00:22 AM EDT

WASHINGTON (AP) — Exploring the cosmos makes for happy employees, federal workers like to work from home like everyone else, and an agency that has struggled with low morale is showing improvement. Those are some of the highlights of a survey released Monday of more than a million...

Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease

May. 20, 2024 00:10 AM EDT

WASHINGTON (AP) — It was a time of fear and chaos four years ago. The death count was mounting as COVID-19 spread. Financial markets were panicked. Oil prices briefly went negative. The Federal Reserve slashed its benchmark interest rates to combat the sudden recession. And the...

Sour Patch Kids Oreos? Peeps Pepsi? What's behind the weird flavors popping up on store shelves

May. 20, 2024 00:06 AM EDT

Van Leeuwen Ice Cream usually draws customers with gourmet takes on classics like vanilla and pistachio. But occasionally, the artisanal ice cream maker headquartered in New York slips in what it calls a “shock flavor,” like Hidden Valley Ranch or pizza. Surprising flavor...

Things to know about an AI safety summit in Seoul

May. 19, 2024 23:38 PM EDT

SEOUL, South Korea (AP) — South Korea is set to host a mini-summit this week on risks and regulation of artificial intelligence, following up on an inaugural AI safety meeting in Britain last year that drew a diverse crowd of tech luminaries, researchers and officials. The...

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90

May. 19, 2024 23:10 PM EDT

SEATTLE (AP) — Bruce Nordstrom, a retail executive who helped expand his family's Pacific Northwest department store chain into an upscale national brand, has died. Seattle-based Nordstrom Inc. said its former chairman died at his home on Saturday. He was 90. ...

China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales

May. 19, 2024 23:00 PM EDT

BEIJING (AP) — China's Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan's presidential inauguration. The move is the latest in a series of sanctions Beijing has announced in recent years...