Latest Business News

Amazon teams up with Megan Thee Stallion to promote its 10th Prime Day sales event

Jun. 25, 2024 01:22 AM EDT

NEW YORK (AP) — Amazon is partnering with hip-hop star Megan Thee Stallion to boost sales for its 10th annual Prime Day discount event. On Tuesday, the rapper unveiled a new original song called “It’s Prime Day.” An accompanying music video shows her purchasing a pink dog...

Parliament speaker. The Tehran mayor. A heart surgeon. The race is on for Iran's next president

Jun. 25, 2024 01:21 AM EDT

Six candidates have been approved by Iran's theocracy to run in Friday’s presidential election to replace the late President Ebrahim Raisi, who died in a helicopter crash with several other officials in May. Among them, Iran’s parliament speaker stands out as the most...

NTSB to discuss cause of fiery Ohio freight train wreck, recommend ways to avert future derailments

Jun. 25, 2024 01:06 AM EDT

EAST PALESTINE, Ohio (AP) — Residents of an eastern Ohio village will learn more about the fiery wreck of a Norfolk Southern freight train last year that derailed their lives as another hearing gets underway Tuesday in their hometown, with the National Transportation Safety Board set to discuss...

Maui ponders its future as leaders consider restricting vacation rentals loved by tourists

Jun. 25, 2024 00:56 AM EDT

HONOLULU (AP) — Alicia Humiston bought her condo in Lahaina after she visited Maui and fell for its rainforests, lava fields and the whales that gather offshore. She travels there about three times a year and rents out her unit for short periods when she's not in Hawaii. “Maui...

Vietnam's VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes

Jun. 25, 2024 00:36 AM EDT

HANOI, Vietnam (AP) — Vietnamese automaker VinFast, for a short time the third-most valuable car company in the world, has a big problem: It just can’t sell enough cars. Idle factories bleed money and the company’s financial health is at stake. After finding the U.S. market a...

South Korean rescuers search burned factory after a blaze killed 22, mostly Chinese migrants

Jun. 25, 2024 00:26 AM EDT

SEOUL, South Korea (AP) — Rescue workers were combing through the charred ruins of a factory building near South Korea's capital to find any more fire victims Tuesday, a day after a devastating blaze likely triggered by exploding lithium batteries killed 22 people, mostly Chinese migrant workers....

This week's televised debate is crucial for Biden and Trump — and for CNN as well

Jun. 25, 2024 00:17 AM EDT

NEW YORK (AP) — Joe Biden and Donald Trump won't be alone at Thursday's debate. Moderators Dana Bash and Jake Tapper of CNN will be on camera, too, and there's a lot on the line for their network as it fights for relevance in a changing media environment. CNN has hosted dozens of...

South Korean rescuers search burned factory after a blaze killed 22, mostly Chinese migrants

Jun. 25, 2024 00:12 AM EDT

SEOUL, South Korea (AP) — Rescue workers were combing through the charred ruins of a factory building near South Korea's capital to find any more fire victims Tuesday, a day after a devastating blaze likely triggered by exploding lithium batteries killed 22 people, mostly Chinese migrant workers....

Brian Bliss leaves as Sporting Kansas City technical director

Jun. 25, 2024 00:02 AM EDT

KANSAS CITY, Kan. (AP) — Sporting Kansas City technical director Brian Bliss has left the team after nine years with the club. The team said Monday the decision was mutual. Bliss, a 58-year-old former defender who played for the U.S. at the 1990 World Cup and 1988...

Stock market today: Most of Wall Street rises, but Nvidia tumbles again as AI mania cools

Jun. 24, 2024 17:08 PM EDT

NEW YORK (AP) — Another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied. The S&P 500 slipped 0.3% to pull further from its record set last week. The drops for Nvidia and other winners of Wall Street’s...