Business News

Migrant workers who helped build modern China have scant or no pensions, and can't retire

BEIJING (AP) — At 53, Guan Junling is too old to get hired at factories anymore. But for migrant workers...

Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling

NEW YORK (AP) — A Texas federal judge on Thursday accused the major banking industry groups and U.S....

Georgia lawmakers approve private water utility bypassing county to serve homes near Hyundai plant

SAVANNAH, Ga. (AP) — Georgia lawmakers gave final passage Thursday to a change in state law that would...

Kroger is closing 3 spoke facilities in its Texas and Florida e-commerce operations

NEW YORK (AP) — Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations,...

The Bankman-Fried verdict, explained

NEW YORK (AP) — Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it...

Ex-Gucci designer Alessandro Michele named the new creative head at Valentino

PARIS (AP) — The flamboyant former designer at Gucci, Alessandro Michele, has been named the new creative...

Applications for US unemployment benefits dip to 210,000 in strong job market

NEW YORK (AP) — The number of Americans signing up for unemployment benefits fell slightly last week,...

4 Canadian school boards sue Snapchat, TikTok and Meta for disrupting students' education

TORONTO (AP) — Four of the largest school boards in the Canadian province of Ontario said Thursday the...

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

WASHINGTON (AP) — The U.S. economy grew at a solid 3.4% annual pace from October through December, th...

Oxford coach blasts Thames pollution as a national disgrace ahead of Boat Race with Cambridge

LONDON (AP) — The coach of Oxford’s crew taking part in the Boat Race described the pollution in London’s...

Home Depot buying supplier to professional contractors in a deal valued at about $18.25 billion

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately...

China lifts heavy tariffs on Australian wine as ties improve

HONG KONG (AP) — China on Thursday said it will lift tariffs placed on Australian wine over three years...

Stock market today: Asian shares are mostly higher after another set of Wall St records

BANGKOK (AP) — Asian shares were mostly higher Friday in quiet holiday trading, with markets closed...

It's a bittersweet Easter for chocolate lovers and African cocoa farmers but big brands see profits

ACCRA, Ghana (AP) — Shoppers may get a bitter surprise in their Easter baskets this year. Chocolate...

US journalist marks a year in a Russian prison as courts keep extending his time behind bars

For Evan Gershkovich , the dozen appearances in Moscow's courts over the past year have fallen into...

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison...

France's Macron tells Brazilian execs that prospective Mercosur-EU deal is 'terrible' and outdated

SAO PAULO (AP) — French President Emmanuel Macron told Brazilian executives on Wednesday that a proposed...

Steward Health Care strikes deal to sell its nationwide physician network to Optum

BOSTON (AP) — Financially embattled hospital operator Steward Health Care has struck a deal to sell...

Baltimore bridge collapse: Ships carrying cars and heavy equipment need to find a new harbor

Manufacturers and shippers are scrambling to figure out where they can load or unload cargo while...

Trader Joe's upped the price of its bananas for the first time in decades. Here's why

NEW YORK (AP) — It may not be too “appeeling,” but the price of some bananas are rising by a few cents....

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