Latest Business News

Stock market today: Asian shares mostly higher after rebound on Wall St

May. 27, 2024 02:23 AM EDT

Asian shares were mostly higher on Monday after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week. U.S. futures slipped while oil prices advanced. Tokyo's Nikkei 225 added 0.7% to 38,900.02 and the Kospi in Seoul jumped...

12 people injured after Qatar Airways plane hits turbulence on flight to Dublin

May. 27, 2024 01:31 AM EDT

LONDON (AP) — Twelve people were injured when a Qatar Airways plane flying from Doha to Dublin on Sunday hit turbulence, airport authorities said. Eight of the injured were hospitalized. Dublin Airport said in a statement that flight QR017, a Boeing 787 Dreamliner, landed safely as...

Report: Japanese carmaker Toyota set to end massive Olympic sponsorship deal

May. 27, 2024 01:25 AM EDT

TOKYO (AP) — Vehicle manufacturer Toyota is set to end its massive sponsorship deal with the International Olympic Committee after this year's Paris Olympics, according to reports in Japan. Toyota has a contract through the 2024 Paris Games, which was reported to be valued at $835...

China has threatened trade with some countries after feuds. They're calling 'the firm' for help

May. 27, 2024 00:13 AM EDT

WASHINGTON (AP) — Business is good at “the firm.” The eight-person team at the State Department is leading Washington's efforts to ease the economic blowback for countries targeted by China. It emerged in the scramble to help Lithuania during a spat with China...

A woman could be Mexico's next leader. Millions of others continue in shadows as domestic workers

May. 27, 2024 00:07 AM EDT

MEXICO CITY (AP) — Concepcion Alejo is used to being invisible. Alejo, 43, touches her face up with makeup on a Tuesday morning, and steps out of her tiny apartment on the fringes of Mexico City. She walks until the cracked gravel outside her home turns into cobblestones, and the...

Nigeria is emerging as a critical mineral hub. The government is cracking down on illegal operations

May. 26, 2024 22:32 PM EDT

ABUJA, Nigeria (AP) — Nigeria's government is cracking down on illegal mining, making dozens of arrests of unlicensed miners since April for allegedly stealing the country’s lithium, a critical mineral used in batteries for electric vehicles, smartphones and power systems. The...

In a north Texas county, dazed residents sift through homes mangled by a tornado

May. 26, 2024 17:27 PM EDT

VALLEY VIEW, Texas (AP) — The dazed residents of a north Texas county sifted through their mangled homes on Sunday after seven people there were killed when a tornado ripped through the remote region near the tiny community of Valley View. Cooke County Sheriff Ray Sappington said...

In one North Carolina county, it's 'growth, growth, growth.' But will Biden reap the benefit?

May. 26, 2024 08:05 AM EDT

SILER CITY, N.C. (AP) — At the epicenter of President Joe Biden’s promised economic boom, a slow tractor can still halt traffic. Just 81,000 people live in rural Chatham County, North Carolina. There are 1,076 farms. The old mill now houses a dance studio, a grocer and a...

Ahead of another donor conference for Syria, humanitarian workers fear more aid cuts

May. 26, 2024 01:54 AM EDT

BEIRUT, Lebanon (AP) — Living in a tent in rebel-held northwestern Syria, Rudaina al-Salim and her family struggle to find enough water for drinking and other basic needs such as cooking and washing. Their encampment north of the city of Idlib hasn't seen any aid in six months. ...

Zimbabwe authorities mix charm with force in an attempt to shore up the world’s newest currency

May. 26, 2024 01:31 AM EDT

HARARE, Zimbabwe (AP) — The introduction of the world's newest currency in April inspired a reggae artist to record a song praising the ZiG, or Zimbabwe Gold. The catchy tune, titled “Zig Mari,” received generous play on state television and radio. The musician, Ras Caleb,...