Business News 

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Asian shares rise on optimism about US, China economies

Asian shares rise on optimism about US, China economies

Asian shares are mostly rising after a rebound on Wall Street, despite regional investor risks reflected in negative economic data out of China.

August 16th, 3:20 AM EDT
Amazon: FTC probe hounding Bezos, execs; subpoenas too broad

Amazon: FTC probe hounding Bezos, execs; subpoenas too broad

Amazon has complained to federal regulators that they're hounding company founder Jeff Bezos and senior executives.

17 hrs 52 mins ago
Hot dogs vs deli meat; rising costs shape choices at Walmart

Hot dogs vs deli meat; rising costs shape choices at Walmart

Walmart reported better-than-expected second quarter results as more Americans looked to cut costs on groceries at the nation’s largest retailer in the face of surging inflation.

August 16th, 7:43 AM EDT
How Inflation Reduction Act Impacts Inflation

How Inflation Reduction Act Impacts Inflation

Now that the Inflation Reduction Act has been signed into law, many Americans want to know what it means to them. NEWSnet's Business Reporter Andy Hirschfeld has more details.

14 hrs 51 mins ago by Andy Hirschfeld
Biden signs massive climate and health care legislation

Biden signs massive climate and health care legislation

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill.

August 16th, 12:20 AM EDT
American Airlines places deposit on 20 supersonic planes

American Airlines places deposit on 20 supersonic planes

American Airlines says it has agreed to buy up to 20 supersonic jets that are still on the drawing board and years away from flying.

23 hrs 42 mins ago

More from AP Business 

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US retail sales were flat in July as inflation takes a toll

US retail sales were flat in July as inflation takes a toll

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.

1 hr 2 mins ago
Scientists say new climate law is likely to reduce warming

Scientists say new climate law is likely to reduce warming

Climate scientists say the new spending package that President Biden just signed will trim future warming a bit.

16 hrs 7 mins ago
Airbnb is rolling out new screening tools to stop parties

Airbnb is rolling out new screening tools to stop parties

Airbnb says it's rolling out new technology to spot and block people who try to use the short-term rental service to throw a party.

16 hrs 12 mins ago
Wall Street points lower with more retail data on the way

Wall Street points lower with more retail data on the way

Asian shares are mostly higher as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth.

5 hrs 52 mins ago
Musk tweet joking about buying Manchester United causes stir

Musk tweet joking about buying Manchester United causes stir

Elon Musk has caused a stir by tweeting that he was buying the English soccer team Manchester United.

2 hrs 2 mins ago
Little talk of rainforest protection in the Brazilian Amazon

Little talk of rainforest protection in the Brazilian Amazon

Like other Brazilians, residents of the Amazon will elect governors and lawmakers in general elections in October.

1 hr 32 mins ago
Target takes a hit after heavy discounts to clear inventory

Target takes a hit after heavy discounts to clear inventory

Target has reported solid sales for the fiscal second quarter but its profits plunged nearly 90% because it slashed prices to clear inventories of clothing, home goods and other discretionary items.

3 hrs 2 mins ago
U.S. midterms bring few changes from social media companies

U.S. midterms bring few changes from social media companies

Social media companies are sharing their plans for safeguarding the U.S. midterm elections, although they have offered scant details.

2 hrs 2 mins ago

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