Latest Business News
$344 for a coffee? Scottish farm is selling UK's most expensive cup
LONDON (AP) — It's an enormous price to pay for a little cup of coffee, but the man behind the pitch promises it won't leave a bitter taste behind because it comes with a sweetener: a share of a dairy farm. A Scottish dairy is offering what it bills as the U.K.'s most expensive cup...
US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment
U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document...
Sales of previously occupied homes rose in October, the first annual gain in the U.S. in more than three years
US home sales rose in October, notching their first annual gain in more than three years
LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market. Existing home sales rose 3.4% last month, from September, to a...
Stock market today: Indexes rise as prices for Nvidia, bitcoin and oil all climb
NEW YORK (AP) — U.S. stocks are rising after market superstar Nvidia and another round of companies said they’re making fatter profits than expected. The S&P 500 added 0.4% in early trading Thursday. The Dow Jones Industrial Average rose 123 points, and the Nasdaq composite gained 0.5%. The...
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
MILWAUKEE (AP) — Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companies. The Milwaukee Bucks superstar announced the launch Thursday of Build Your Legacy Ventures, a venture capital fund that will focus on...
What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?
Comcast's corporate reorganization means that there will soon be two television networks with “NBC” in their name — CNBC and MSNBC — that will no longer have any corporate connection to NBC News. How that affects viewers of those networks, along with the people who work...
US applications for jobless benefits fall to 213,000, remaining near 7-month lows
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows. The Labor Department reported Thursday that jobless claim applications fell by 6,000 to 213,000 for the week of Nov. 16. That’s fewer than the 220,000 analysts...
Kenya cancels airport and energy deals with Adani group after the U.S. indicts the tycoon
NAIROBI, Kenya (AP) — Kenya’s president said Thursday he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia's richest men. President William Ruto in a state of the...
What is GivingTuesday? The annual day of charitable giving is coming up
Since it started as a hashtag in 2012, GivingTuesday, the Tuesday after Thanksgiving, has become one of the biggest fundraising days of the year for nonprofits in the U.S. In 2022 and 2023, GivingTuesday raised $3.1 billion for chartitable organizations, according to estimates from...