Latest Business News

Tennessee Volkswagen workers to vote on union membership in test of UAW's plan to expand its ranks

Apr. 19, 2024 12:14 PM EDT

DETROIT (AP) — The United Auto Workers’ ambitious drive to expand its reach to nonunion factories across the South and elsewhere faces a key test Friday night, when workers at a Volkswagen plant in Chattanooga, Tennessee, will finish voting on whether to join the union. The...

US sanctions fundraisers for extremist West Bank settlers who commit violence against Palestinians

Apr. 19, 2024 12:09 PM EDT

WASHINGTON (AP) — The Biden administration on Friday imposed sanctions on two entities accused of fundraising for extremist Israel settlers already sanctioned, as well as the founder of an organization whose members regularly assault Palestinians. The Treasury Department...

American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/18/2024

Apr. 19, 2024 12:06 PM EDT

NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday: Alphabet Inc. (GOOGL), down $1.23 to $154.78. Google says it will combine several divisions as it focuses on integrating artificial intelligence more widely throughout the...

Olympic organizers unveil strategy for using artificial intelligence in sports

Apr. 19, 2024 10:13 AM EDT

LONDON (AP) — Olympic organizers unveiled their plans Friday to use artificial intelligence in sports, joining the global rush to capitalize on the rapidly advancing technology. The International Olympic Committee outlined its agenda for taking advantage of AI. Officials said it...

Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck

Apr. 19, 2024 11:28 AM EDT

Tesla is recalling 3,878 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crash. The accelerator pedal pad may dislodge and become trapped by the interior...

Stock market today: Wall Street limps toward its longest weekly losing streak since September

Apr. 19, 2024 11:07 AM EDT

NEW YORK (AP) — Wall Street’s latest losing week looks to be coming to a relatively quiet close on Friday. U.S. stocks are drifting in mixed trading after oil prices briefly surged overnight on worries about fighting in the Middle East. The S&P 500 was 0.2% lower in morning...

BNSF Railway says it didn't know about asbestos that's killed hundreds in Montana town

Apr. 19, 2024 11:00 AM EDT

HELENA, Mont. (AP) — BNSF Railway attorneys are expected to argue before jurors Friday that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos-contaminated Montana town, one of the deadliest sites in the federal Superfund pollution program. ...

FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes

Apr. 19, 2024 10:58 AM EDT

MEMPHIS (AP) — FedEx on Friday pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes, a huge boost for the school's name, image and likeness compensation efforts. The Memphis-based shipping giant said the program will...

A former Russian tycoon who once led separatist region launches a hunger strike in Azerbaijan jail

Apr. 19, 2024 10:44 AM EDT

TALLINN, Estonia (AP) — A former Russian tycoon jailed in Azerbaijan on charges stemming from his time as a top separatist figure in the Karabakh region has gone on a hunger strike, his family said Friday. Ruben Vardanyan started the fast two weeks ago to press demands for a speedy...

EPA designates 2 forever chemicals as hazardous substances, eligible for Superfund cleanup

Apr. 19, 2024 10:42 AM EDT

WASHINGTON (AP) — The Environmental Protection Agency on Friday designated two forever chemicals that have been used in cookware, carpets and firefighting foams as hazardous substances, an action intended to ensure quicker cleanup of the toxic compounds and require industries and others...