Latest Business News

Dolce & Gabbana evoke the Dolce Vita during Milan Fashion Week

Jan. 18, 2025 13:47 PM EST

MILAN (AP) — To bling, or not to bling is the eternal question at Dolce & Gabbana — and the designing duo had it both ways Saturday during the Milan Fashion Week menswear preview for the next cold weather season. The elegant show invitation in winter-neutral Burgundy —...

Trump says he 'most likely' will give TikTok a 90-day extension to avoid US ban

Jan. 18, 2025 13:40 PM EST

President-elect Donald Trump said Saturday that he “most likely” would give TikTok 90 more days to work out a deal that would allow the popular video-sharing platform to avoid a U.S. ban. Trump said in an NBC News interview that he had not decided what to do but was considering...

North Carolina home insurance premium base rates increasing about 15% by mid-2026

Jan. 18, 2025 12:16 PM EST

RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners' insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry. The agreement announced Friday by Commissioner Mike Causey...

Nigeria is admitted as a partner country of the BRICS bloc

Jan. 18, 2025 05:27 AM EST

ABUJA, Nigeria (AP) — Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the...

The rise - and potential fall - of TikTok in the US

Jan. 18, 2025 00:18 AM EST

The possibility of the U.S. outlawing TikTok kept influencers and users in anxious limbo during the four-plus years that lawmakers and judges debated the fate of the video-sharing app. Now, the moment its fans dreaded is here, but uncertainty over TikTok’s future lingers. On...

TikTok says it will 'go dark' unless it gets clarity from Biden following Supreme Court ruling

Jan. 17, 2025 22:31 PM EST

WASHINGTON (AP) — TikTok said it will have to “go dark” this weekend unless the outgoing Biden administration assures the company it won’t enforce a shutdown of the popular app after the Supreme Court on Friday unanimously upheld the federal law banning the app unless it’s sold by its...

What will happen to TikTok on Apple and Google's app store on Sunday?

Jan. 17, 2025 22:17 PM EST

With President-elect Donald Trump adding uncertainty around whether a TikTok ban will go into effect, the focus is now turning to companies like Google and Apple that are expected to take the popular video sharing app off their platforms in just two days. Though the Supreme Court on...

For TikTok users, mourning, frustration and clinging to hope as TikTok ban looms

Jan. 17, 2025 22:14 PM EST

NEW YORK (AP) — The U.S. is inching closer and closer to a potential TikTok ban — with the nation's highest court upholding a law that's set to halt new downloads of the app starting Sunday. But many questions around what exactly this ban will look like, and whether it will actually be...

Smoke from fire at California lithium battery plant raises concerns about air quality

Jan. 17, 2025 21:35 PM EST

SAN FRANCISCO (AP) — A fire at the world’s largest battery storage plant in Northern California smoldered Friday after sending plumes of toxic smoke into the atmosphere, leading to the evacuation of up to 1,500 people. The blaze also shook up the young battery storage industry. ...

Florida jury says CNN defamed Navy veteran in story about endangered Afghans

Jan. 17, 2025 21:02 PM EST

After a Florida jury found that CNN defamed a U.S. Navy veteran who helped rescue endangered Afghans, the network reached a settlement on Friday to avoid a punishing order that it pay punitive damages. The unusual ruling against a media outlet following a jury defamation trial was a...