Business News

Latest Business Video

Latest Business Headlines

3 hours ago

Southwest Airlines slashing 15% of corporate workforce

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history
3 hours ago
In this Feb. 8, 2024, file photo, a Southwest Airlines plane lands at San Francisco International Airport, in San Francisco, Calif.
4 hours ago

'Saturday Night Live' 50th anniversary special watched by nearly 15 million people

NBC says The “Saturday Night Live” 50th anniversary celebration was watched by nearly 15 million viewers
4 hours ago
Kenan Thompson attends "SNL50: The Anniversary Special" at Rockefeller Plaza on Sunday, Feb. 16, 2025, in New York. (Photo by Evan Agostini/Invision/AP)
February 17

Argentine judge investigates fraud case against President Milei over crypto promotion

A judge in Argentina has been selected to investigate allegations of fraud against President Javier Milei for his brief promotion of a cryptocurrency that collapsed in value hours after it was launched last week
February 17
Juan Manuel Scala protests against Argentine President Javier Milei outside the Casa Rosada presidential office holding a poster that reads in Spanish "If it has four paws, moves its tail and barks, it's Milei lying," in Buenos Aires, Argentina, Monday, Feb. 17, 2025. (AP Photo/Rodrigo Abd)
February 17

The anti-Musk protest movement is expected to ramp up with Congress on recess

President Donald Trump's billionaire top lieutenant, Elon Musk, is the focus for thousands of Democratic activists launching a massive protest campaign this week
February 17
People protesting Elon Musk's actions in the Trump administration hold signs outside a Tesla showroom in Seattle on Thursday, Feb. 13, 2025. (AP Photo/Manuel Valdes)
February 17

Coins, watches and more: A look at Trump's crypto-related ventures, by the numbers

Donald Trump has leaned into his unofficial role as the “crypto president” in ways that can both help the crypto industry and enrich himself and his family
February 17
February 17

Emboldened crypto industry seeks to cement political influence and mainstream acceptance

The cryptocurrency industry is emboldened, impatient and eager to cement its influence in politics and mainstream financial systems
February 17
FILE - President Donald Trump listens to White House adviser David Sacks as he signs an executive order regarding cryptocurrency in the Oval Office of the White House, Thursday, Jan. 23, 2025, in Washington. (AP Photo/Ben Curtis, File)
February 17

China's Xi meets with business leaders to boost economy

China’s President Xi Jinping has met with the country’s top business leaders, state media reported, including Jack Ma, the founder of Alibaba who had kept a low public profile after angering Chinese officials a few years ago
February 17
February 17

Germany's economy is in the dumps. Here are 5 reasons why

Germany hasn’t seen significant economic growth in five years
February 17
FILE - The blast furnace the troubled thyssenkrupp steel factory is pictured in the evening behind an IKEA store in Duisburg, Germany, Monday, Jan.27, 2025. (AP Photo/Martin Meissner, File)
February 17

Fixing Germany's economy is a critical task for the country's next government

Germany needs a new business model to get its stalled economy going again
February 17
A man works on fans at an EBM-Papst plant in Hollenbach, Germany, Tuesday, Feb. 4, 2025. (AP Photo/Michael Probst)
February 16

Japan's economy grows more than expected on strong exports and moderate consumption

Japan’s economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption
February 16
FILE - Cars for export are loaded onto a cargo ship at a port in Yokohama, near Tokyo, Nov. 2, 2021. (AP Photo/Koji Sasahara, File)
February 16

Argentine lawyers charge President Milei with fraud over cryptocurrency promotion

Argentine lawyers filed fraud charges against President Javier Milei in criminal court on Sunday for promoting a cryptocurrency on his social media, one of the lawyers told The Associated Press
February 16
Argentina's President Javier Milei speaks after receiving this year's Roepke Prize for Civil Society of the Liberal Institute at the Congress centre in Kloten, Switzerland, Friday, Jan. 24, 2025. (Ennio Leanza/Keystone via AP)
February 16

Trump administration cuts reach FDA employees in food safety, medical devices and tobacco products

The Trump administration’s effort to slash the size of the federal workforce reached the Food and Drug Administration this weekend
February 16
FILE - The U.S. Food and Drug Administration campus in Silver Spring, Md., is photographed on Oct. 14, 2015. (AP Photo/Andrew Harnik, File)
February 16

Major test case for new geothermal technology launches in small German town

Residents in the German town of Geretsried have long wanted to run their buildings with clean heat and electricity from geothermal energy rather than fossil fuels
February 16
FILE - A geothermal site is under construction in Geretsried, Germany, Sept. 19, 2024. (AP Photo/Matthias Schrader, File)
February 16

US presented Ukraine with a document to access its minerals but offered almost nothing in return

Ukrainian President Volodymyr Zelenskyy says he directed his ministers not to sign off on a proposed agreement to give the United States access to Ukraine’s rare earth minerals because the document was too focused on U.S. interests
February 16
Ukraine's President Volodymyr Zelenskyy, arrives for talks with Germany's Chancellor Olaf Scholz, at the Munich Security Conference, in Munich, Germany, Saturday, Feb.15, 2025. (Sven Hoppe/DPA via AP, Pool)
February 15

Amazon workers in North Carolina vote against joining union

It's the latest group of Amazon employees to side against union representation.
February 15
FILE - The logo for Amazon.com Inc. is displayed on a screen at the Nasdaq MarketSite, July 27, 2018. (AP Photo/Richard Drew, File)
February 14

Utah governor signs collective bargaining ban for teachers, firefighters and police unions

Utah’s Republican governor has signed a collective bargaining ban that experts are calling one of the most restrictive labor laws in the country, despite overwhelming opposition from union members
February 14
FILE - Utah Gov. Spencer Cox listens to a question at his monthly news conference in Salt Lake City, Thursday, Sept. 19, 2024. (Isaac Hale/The Deseret News via AP, Pool,File)
February 14

AP reporter and photographer barred from Air Force One over 'Gulf of Mexico' terminology dispute

The Trump administration has blocked The Associated Press from traveling with President Trump on Air Force One and also from covering an Oval Office event
February 14
President Donald Trump, center, arrives on Marine One to board Air Force One at Joint Base Andrews, Md., Friday, Feb. 14, 2025, en route to West Palm Beach, Fla. (AP Photo/Ben Curtis)
February 14

Fed official: Need ‘dust to clear’ before deciding next moves

Austan Goolsbee, president of the Federal Reserve's Chicago branch, talks with The Associated Press about inflation, the job market and when rate cuts could resume
February 14
(AP Illustration / Jenni Sohn)
February 14

Daughters of Target's late cofounder raise concern over company's pullback on DEI efforts

The daughters of one of the cofounders of Target are expressing their alarm and shock at the discounter’s recent moves to roll back its diversity, equity and inclusion program
February 14
FILE - A person heads into a Target store Thursday, Jan. 11, 2024, in Lakewood, Colo. (AP Photo/David Zalubowski, File)
February 14

Builders offering valuable incentives to entice homebuyers

Americans looking to buy a newly built home this spring are likely to get a helping hand with their mortgage rate and other costs
February 14
February 14

Michigan judge sentences Walmart shoplifters to wash cars in the parking lot

A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives
February 14
FILE - Shoppers head into and out of a Walmart store, Feb. 7, 2025, in Englewood, Colo. (AP Photo/David Zalubowski, FILE)
February 14

US retail sales plunged along with temperatures in January

U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores
February 14
FILE - A table is stacked with striped lounge sets in a Costco warehouse Monday, Feb. 3, 2025, in east Denver. (AP Photo/David Zalubowski)
February 14

Elon Musk met with Modi during Indian PM's US visit. What does he want from India?

Indian Prime Minister Narendra Modi and SpaceX CEO Elon Musk met during Modi's visit to the U.S., where he spoke with Trump about trade and tariff concerns
February 14
FILE - Elon Musk listens as President Donald Trump meets with India's Prime Minister Narendra Modi in the Oval Office of the White House, Thursday, Feb. 13, 2025, in Washington. (Photo/Alex Brandon,File)
February 14

Can suspending a cage-free egg law solve the soaring price problem? Nevada takes a crack at it

Record high egg prices prompted Nevada lawmakers to unanimously back suspending their cage-free egg law, but the six other states with similar laws in effect have shown no sign of dropping them even if it might help lower grocery bills
February 14
Red Star hens, a hybrid breed that lays large brown eggs, walk around outside their coop at Historic Wagner Farm, Friday, Feb. 7, 2025, in Glenview, Ill. (AP Photo/Erin Hooley)
February 13

Stock market today: Asian stocks mostly up, as Chinese technology firms see stock rally

Asian stocks were mostly up Friday, on the back of a near-record rally on U.S. stocks as investors paid little attention to U.S. President Donald Trump’s latest tariff threats
February 13
FIL:E - The New York Stock Exchange is shown in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)
February 13

European naval force helps free ship seized by suspected Somali pirates off Horn of Africa

A European naval force in the Mideast helped free a Yemeni fishing boat seized by suspected Somali pirates off the Horn of Africa
February 13
February 13

White House blocks AP reporter from Trump-Modi news conference because of Gulf of Mexico fight

The White House had blocked an Associated Press journalist from a news conference with two major world leaders
February 13
President Donald Trump and India's Prime Minister Narendra Modi shake hands during a news conference in the East Room of the White House, Thursday, Feb. 13, 2025, in Washington. (Photo/Alex Brandon)
February 13

Why some Hong Kongers live in homes smaller than a parking space, by the numbers

Landlords in Hong Kong, a city with a notoriously high cost of housing, have found they can make more money by dividing a flat into two or more units
February 13
Multi-plug electric sockets are seen at a bed space in Sham Shui Po district of Hong Kong, on Feb. 6, 2025. (AP Photo/Chan Long Hei)
February 13

A crackdown on substandard homes leaves low-income Hong Kongers wondering where to go

Hong Kong plans to crack down on poor-quality subdivided flats are leaving many low-income residents uncertain about their future in one of the world’s most expensive housing markets
February 13
A resident rests in his bed space in Sham Shui Po district of Hong Kong, on Feb. 6, 2025. (AP Photo/Chan Long Hei)
February 13

State Department halts plan to buy $400M worth of armored vehicles from Musk's Tesla

The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase
February 13
FILE- Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio, March 14, 2019, in Hawthorne, Calif. (AP Photo/Jae C. Hong, File)
February 13

EPA chief says he will seek return of $20 billion in clean-energy grants awarded by Biden

In a major reversal, the new head of the Environmental Protection Agency says he'll try to rescind $20 billion in grants awarded by the Biden administration for climate and clean-energy projects
February 13
Former Rep. Lee Zeldin, R-N.Y., President-elect Donald Trump's pick to head the Environmental Protection Agency, appears before the Senate Environment and Public Works Committee on Capitol Hill, Thursday, Jan. 16, 2025, in Washington. (AP Photo/Mark Schiefelbein)
February 13

Americans' credit card debt reaches new record high: Federal Reserve

Credit card balances now stand at a record-high $1.21 trillion.
February 13
Visa credit cards are displayed in Washington, Oct. 27, 2009.
February 13

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway
February 13
FILE - A "For Sale by Owner" sign is displayed in front of a home in Niles, Ill., Friday, Nov. 1, 2024. (AP Photo/Nam Y. Huh)
February 13

Igloo recalls over 1M coolers after handle hazard causes some fingertip amputations

Igloo is recalling more than 1 million of its coolers sold across the U.S., Mexico and Canada due to a handle hazard that has resulted in a handful of fingertip injuries, including some amputations
February 13
This photo provided by U.S. Consumer Product Safety Commission shows an Igloo 90 Qt. Flip & Tow Rolling Cooler that has been recalled across the U.S., Mexico and Canada due to a handle hazard that has resulted in a dozen fingertip injuries, including some amputations, Thursday, Feb. 13, 2025. (U.S. Consumer Product Safety Commission via AP)
February 13

PSG president Al-Khelaifi handed preliminary charges in France in corruption probe

Paris Saint-Germain president Nasser Al-Khelaifi has been handed preliminary charges from an investigation into possible corruption, a judicial official has told The Associated Press
February 13
FILE - PSG president Nasser Al-Khelaifi speaks during a press conference at the new Paris-Saint-Germain training ground Wednesday, July 5, 2023 in Poissy, west of Paris. (AP Photo/Aurelien Morissard, File)
February 13

Breakfast is booming at US restaurants. Is it also contributing to high egg prices?

It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem
February 13
Eggs in a bowl after being cracked during the process of making a fresh omelette at The Breakfast Brothers restaurant, Wednesday, Feb. 12, 2025, in Arlington, Texas. (AP Photo/Julio Cortez)
February 13

Number of Americans seeking jobless benefits falls as employers hold on to workers

U.S. applications for unemployment benefits fell last week as employers continue to retain workers despite resurgent inflation and elevated interest rates
February 13
FILE - A hiring sign is seen in Waukegan, Ill., on Sept. 28, 2024. (AP Photo/Nam Y. Huh, File)
February 13

US wholesale prices up a hotter-than-expected 0.4% in December

U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year
February 13
FILE - Shoppers guide their carts through the milk display in a Costco warehouse Thursday, Jan. 23, 2025, in Sheridan, Colo. (AP Photo/David Zalubowski)
February 13

Rescued from virtual slavery in Myanmar's online scam centers, 260 foreigners are being repatriated

Thailand's army says some 260 people believed to have been trafficked and trapped into working in online scam centers are to be repatriated after they were rescued from Myanmar
February 13
In this photo released by Royal Thai Army, more than 250 people from 20 nations who were reportedly rescued from alleged scam centers in Myanmar, as they crossed into Thailand's Tak province on Wednesday, Feb. 12, 2025. (Royal Thai Army, by Army Spokesperson via AP)
February 13

Trump says he'll sign sweeping reciprocal tariffs on US trading partners on Thursday

President Donald Trump says he’ll sign an order that increases U.S. tariffs to the rates other countries charge on imports
February 13
President Donald Trump speaks to reporters in the Oval Office of the White House, where he signed an executive order, Thursday, Feb. 13, 2025, in Washington. (AP Photo/Ben Curtis)
February 13

Tesla shares have plunged while Musk takes on Washington. Is that the reason?

Tesla's share price has fallen 30% since an all-time high in December.
February 13
Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany.
February 13

Electric cars and motorbikes star at Indonesia's motor show despite country's slow uptake

The future of Indonesia’s automobiles and motorbikes is electric—at least according to the international and domestic exhibitors on show at the Indonesia International Motor Show opening in the country’s capital city of Jakarta on Thursday
February 13
A worker cleans near a Vinfast booth during the Indonesian International Motor Show in Jakarta, Indonesia, Thursday, Feb. 13, 2025.(AP Photo/Tatan Syuflana)
February 13

What to know about the federal workforce under Trump

Since President Donald Trump began his second term last month, he has focused on bringing about a dramatic reduction in the federal workforce at a breakneck pace
February 13
Carrie Muniak joins a rally in front of the Office of Personnel Management, Monday, Feb. 3, 2025, in Washington. President Donald Trump is relying on a relatively obscure federal agency to reshape government. The Office of Personnel Management was created in 1979 by President Jimmy Carter and is the equivalent of the government's human resources department. It helps manage the civil service, including pay schedules, health insurance and pension programs. The agency has offered millions of federal workers eight months of salary if they voluntarily choose to leave their jobs by Feb. 6. (AP Photo/Manuel Balce Ceneta)
February 13

English cricket gets 'seminal moment' as $650M raised by investors including Brady, Boehly and IPL

English cricket has generated more than 520 million pounds ($650 million) from the sale of stakes in franchises in its recently created competition The Hundred to big-business investors from India and the United States
February 13
FILE - Former NFL quarterback Tom Brady makes an appearance on the field before an NFL football game between the New Orleans Saints and the Tampa Bay Buccaneers, Sunday, Jan 5, 2025, in Tampa, Fla. (AP Photo/Peter Joneleit, File)
February 13

Nissan projects an annual loss as it drops its talks with Japan rival Honda

Nissan’s April-December profit crashed to 5.1 billion yen, or $33 million, a tiny fraction of the 325 billion yen profit the Japanese automaker recorded the previous year
February 13
FILE - A Nissan logo is displayed on a Nissan Pathfinder SUV at the Pittsburgh International Auto Show in Pittsburgh, Feb. 15, 2024. (AP Photo/Gene J. Puskar, File)
February 13

Japanese automakers Honda, Nissan and Mitsubishi ending talks on business integration

Japanese automakers Honda, Nissan and Mitsubishi say they are ending their talks on a business integration
February 13
February 13

Chocolate love has its price on Valentine's Day as cocoa costs make hearts shudder, not flutter

Valentine's day and the whiff of chocolate and cocoa are in the air
February 13
Two large cats made of Chocolate are on display in a window in Bruges, Belgium, Thursday, Feb. 6, 2025. (AP Photo/Virginia Mayo)
February 13

Elon Musk calls for US government to 'delete entire agencies'

Elon Musk has called for the United States to “delete entire agencies” from the federal government
February 13
Elon Musk, joined by his son X Æ A-Xii, speaks in the Oval Office at the White House, Tuesday, Feb. 11, 2025, in Washington, during an event with President Donald Trump. (Photo/Alex Brandon)
February 13

The latest inflation report shows that high prices are Trump's major economic challenge

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected
February 13
President Donald Trump speaks as Tulsi Gabbard is sworn in as the Director of National Intelligence in the Oval Office of the White House, Wednesday, Feb. 12, 2025, in Washington. (Photo/Alex Brandon)
February 12

Texas county approves holding election to make SpaceX's Starbase its own city

South Texas residents living near SpaceX will soon decide whether they'll be officially recognized as Starbase, Texas
February 12
FILE - The sun sets behind SpaceX's mega rocket Starship as it is prepares for a test flight from Starbase in Boca Chica, Texas, Nov. 18, 2024. (AP Photo/Eric Gay, File)
  翻译: