Latest Business News

Stock market today: Wall Street falls as its blistering rally cools some more

Oct. 23, 2024 13:19 PM EDT

NEW YORK (AP) — U.S. stocks are falling Wednesday as some more steam comes out of Wall Street’s huge, record-breaking rally. The S&P 500 was 1% lower in afternoon trading. It’s coming off two small losses since setting an all-time high on Friday and is on track for its...

Boeing reports $6 billion quarterly loss as striking workers vote whether to accept contract offer

Oct. 23, 2024 13:13 PM EDT

EVERETT, Wash. (AP) — Boeing reported a third-quarter loss of more than $6 billion before turning its attention to whether striking factory workers would accept a contract offer Wednesday and end a walkout that has crippled the company's airplane production for nearly six weeks. ...

Efforts by Russia, Iran and China to sway US voters may escalate, new Microsoft report says

Oct. 23, 2024 12:35 PM EDT

NEW YORK (AP) — Foreign adversaries have shown continued determination to influence the U.S. election –- and there are signs their activity will intensify as Election Day nears, Microsoft said in a report Wednesday. Russian operatives are doubling down on fake videos to smear...

Delta-8 hemp and Texas medical marijuana industries to face off in the upcoming legislative session

Oct. 23, 2024 12:15 PM EDT

Jack Stinnett got life-changing news in 2020 when he learned the lump that appeared on the side of his neck was tongue and mouth cancer. He and his wife Karen quickly enrolled him at MD Anderson Cancer Center in Houston, where he underwent five and a half rounds of chemotherapy and 33 treatments of...

McDonald's tries to reassure customers after deadly E. coli outbreak

Oct. 23, 2024 12:02 PM EDT

McDonald’s said Wednesday that customers should feel confident ordering from its restaurants despite a deadly E. coli outbreak linked to its Quarter Pounders. McDonald’s U.S. President Joe Erlinger said in an interview on the “Today” show that the company has removed the...

Strikes by Greek teachers and island ferry crews trigger broader labor disputes

Oct. 23, 2024 11:53 AM EDT

ATHENS, Greece (AP) — Striking Greek public school teachers marched in protest through central Athens on Wednesday as tensions grow between labor organizations and the center-right government over workers’ rights. Island ferry crews also decided to extend for another two days a...

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years

Oct. 23, 2024 11:53 AM EDT

LOS ANGELES (AP) — Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and the supply of properties on the market continued to climb. Existing home sales fell 1% last month, from August, to a...

G7 allies are moving ahead with a $50 billion loan for Ukraine backed by frozen Russian funds

Oct. 23, 2024 11:40 AM EDT

WASHINGTON (AP) — Ukraine will receive $50 billion in loans, backed by frozen Russian assets, from Group of Seven allies, the White House said Wednesday. Distribution of the money will begin by year's end, according to American officials who said the United States is providing $20 billion of the...

Local news sources are still drying up, but there's growth in digital sites in metro areas

Oct. 23, 2024 11:28 AM EDT

Newspapers in the United States closed at the rate of more than two per week during 2023, but a burst of activity among digital entrepreneurs illustrated some tiny shoots of growth in what has become a desert-like climate for local news. A total of 127 newspapers closed last year,...

As rhinoceros beetles spread, Hawaii board bolsters pest control powers

Oct. 23, 2024 11:22 AM EDT

The Hawaii Board of Agriculture has approved rule changes to help control the spread of invasive species following about a 20-month delay. The holdup caused a public outcry because the rule changes are intended to help the Agriculture Department stem the movement of commodities...