The Associated Press
Business News
Trump and Musk break up, and Washington holds its breath
Insiders have speculated about a potential falling-out between Donald Trump and Elon Musk for months
June 06, 2025Oreo maker Mondelez sues Aldi, alleging chain copies packaging to confuse shoppers
Snack food maker Mondelez International is suing the Aldi supermarket chain for packaging its store-brand cookies and crackers in a way that “blatantly copies” products like Chips Ahoy and Wheat Thins
May 30, 2025Apple's loses bid to halt ruling that blocks some fees from its iPhone app store
A three-judge appeals panel rejected Apple’s request to pause an April 30 order banning the company from charging a fee on in-app iPhone transactions processed outside its once-exclusive payment system in a two-page decision issued late Thursday
June 05, 2025
Latest Business Video
Latest Business Video
Latest Business Headlines
1 hour ago
AI risks 'broken' career ladder for college graduates, some experts say
Advances of AI chatbots like ChatGPT heighten concern, experts say.
1 hour ago
2 hours ago
Job growth expected to have slowed in May as Trump's tariffs fluctuated
The job market has defied concern about business uncertainty and recession risk.
2 hours ago
June 06
Japanese court rejects damage claims against utility executives over Fukushima disaster
A Japanese court has ruled former executives at the utility managing the tsunami-wrecked Fukushima Daiichi nuclear power plant were not accountable for the 2011 meltdown crisis and do not need to pay damages to the company
June 06
June 06
Trump and Musk break up, and Washington holds its breath
Insiders have speculated about a potential falling-out between Donald Trump and Elon Musk for months
June 06
June 06
Trump's surgeon general pick criticizes others' conflicts
President Donald Trump’s pick to be U.S. surgeon general has said the nation’s medical and food systems are corrupted by special interests and people out to make a profit at the expense of Americans’ health
June 06
June 05
Asian shares mostly gain ahead of Friday's US jobs report
Asian shares are mostly higher ahead of an update Friday about the U.S. job market that will offer insights into how the economy is faring
June 05
June 05
Lambda Legal, a nonprofit supporting LGBTQ+ rights, exceeded fundraising goal by $105M
The legal aid group Lambda Legal has raised $285 million at a time when attacks on the rights of gay, intersex and transgender people have again intensified
June 05
June 05
The implosion of a powerful political alliance: Trump and Musk in their own words
Last Friday, President Donald Trump heaped praise on Elon Musk as the tech billionaire prepared to leave his unorthodox White House job
June 05
June 05
Judge and lawmakers question the Trump administration's plan to gut Job Corps centers
Members of Congress and a federal judge are questioning the Trump administration’s plan to shut down Job Corps centers nationwide
June 05
June 05
Jack Daniel's maker Brown-Forman sees sales fall as Trump trade conflicts weigh on spirits producers
Spirits maker Brown-Forman is reporting weaker sales as it confronts challenging market conditions amid trade conflicts and pinched consumer spending
June 05
June 05
US declines to label China a currency manipulator, but blasts its transparency policies
The U.S. declined to label China a currency manipulator in a new Treasury report, but accuses Beijing of standing out among America’s major trading partners for lacking transparency
June 05
June 05
NTSB finds fuel leak and improperly installed parts in the engine of an airliner that caught fire
The National Transportation Safety Board found a fuel leak and several improperly installed parts inside the engine of an American Airlines plane that caught fire after the plane landed in Denver in March
June 05
June 05
Salvage crew bound for the site of a cargo ship fire off the coast of Alaska
A salvage team is expected to arrive early next week at the scene of a cargo ship that was carrying about 3,000 vehicles to Mexico when it caught fire in waters off Alaska’s Aleutian island chain
June 05
June 05
Amazon expands AI footprint with $10 billion data center investment
Massive AI investment could reshape North Carolina's tech landscape.
June 05
June 05
Top US universities raced to become global campuses. Under Trump, it's becoming a liability
Three decades ago, foreign students at Harvard University accounted for just 11% of the total student body
June 05
June 05
WhyHunger marks 50 years of fighting for food security, a point of 'pride and shame'
WhyHunger is celebrating 50 years of fighting to eradicate hunger at its root
June 05
June 05
Apple's loses bid to halt ruling that blocks some fees from its iPhone app store
A three-judge appeals panel rejected Apple’s request to pause an April 30 order banning the company from charging a fee on in-app iPhone transactions processed outside its once-exclusive payment system in a two-page decision issued late Thursday
June 05
June 05
Average US rate on a 30-year mortgage ticks down to 6.85%, the first decline in a month
Average US rate on a 30-year mortgage ticks down to 6.85%, the first decline in a month
June 05
June 05
Unemployment filings are highest in 8 months
More than 240,000 people filed for unemployment last week, according to the Bureau of Labor Statistics. ABC News’ Alexis Christoforous reports.
June 05
June 05
Shaq and Iverson team up to revive Reebok from obscurity in the Netflix docuseries 'Power Moves'
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic
June 05
June 05
Americans filing for jobless benefits last week rises to highest level in months
Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy
June 05
June 05
US trade deficit narrowed significantly amid Trump's tariff escalation
The fresh data arrives days after a major swath of tariffs entered legal limbo.
June 05
June 05
Procter & Gamble to cut up to 7,000 jobs under tariff, consumer uncertainty pressure
Procter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce, over the next two years as the maker of Tide detergent and Pampers diapers wrestles with tariff-related costs and customers who have grown anxious about the economy
June 05
June 05
Europe's central bank expected to lower interest rates as Trump's trade war threatens growth
Lower inflation and concern that U.S. President Donald Trump’s trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday’s policy meeting, a step that would lower borrowing costs for ...
June 05
June 04
Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data
Asian shares are trading mixed, as Wall Street’s big recent rally lost some momentum following a pair of potentially discouraging reports on the American economy
June 04
June 04
By the Numbers: Inside the latest plush toy craze that is Labubus
A look at the numbers behind the gremlin-resembling soft plushies, called Labubus, that are the latest craze dominating collectors’ shelves worldwide.
June 04
June 04
Suspect in UnitedHealthcare CEO killing said he 'had it coming,' prosecutors say
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conv...
June 04
June 04
Tariffs 'helping level the playing field' for US steel producers says SMA official
Steel Manufacturers Association Government Affairs Vice President Brandon Farris reacts to the doubling of steel and aluminum tariffs to 50% by the Trump administration.
June 04
June 04
Private Japanese lunar lander heads toward a touchdown in the moon's far north
A private lunar lander from Japan is closing in on the moon, aiming for a touchdown in the unexplored far north
June 04
June 04
How major US stock indexes fared Wednesday, 6/4/2025
U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally
June 04
June 04
What to know about the Nintendo Switch 2: Price, features
The Nintendo Switch 2 will be released early Thursday morning.
June 04
June 04
22 crew members safe after fire aboard cargo ship carrying vehicles off Alaska
All crew members are safe after a fire broke out aboard a cargo ship south of Alaska's Adak Island
June 04
June 04
Amazon planning $10B investment in North Carolina for data center, AI campus
Amazon is expanding its cloud computing infrastructure and artificial intelligence activities into a rural North Carolina county
June 04
June 04
Trump promised to welcome more foreign students. Now, they feel targeted on all fronts
Students from around the world say being an international student in American today comes with feelings of fear, anxiety and insecurity that have made them more cautious in their daily lives
June 04
June 04
The euro is about to get a new member, Bulgaria. What's the eurozone and how do countries join?
Bulgaria has the green light to join the euro next year and become the 21st member of the European Union's currency union
June 04
June 04
A deal to build nuclear reactors worth $18B unblocked after court clears the way
A deal to build at least two nuclear reactors in Czechia has been unblocked after an appeals court dismissed a lower court ruling that blocked the government from signing a deal with South Korea’s KHNP power utility
June 04
June 04
Part toy, part fashion, the arrival of the viral Labubu was a long time in the making
Labubu, the plush toy from China’s Pop Mart is a social media darling, but the toothy little monsters are not an overnight success
June 04
June 04
Germany's new government launches a program to encourage investment and boost the economy
Germany’s new government has launched a package of tax breaks and eventual tax cuts for companies
June 04
June 04
US and Europe trade negotiators discuss tariffs in Paris
Europe and the United States are meeting in Paris to negotiate a settlement of a tense tariff spat with global economic ramifications between two global economic powerhouses
June 04
June 04
Vietnam scraps 2-child policy as aging threatens economic growth
Vietnam has scrapped its long-standing two-child policy as birth rates fall and its population ages
June 04
June 04
Ukraine's backers meet to drum up arms and ammo. The Pentagon chief is absent for the first time
Ukraine's Western backers are gathering to drum up more weapons and ammunition for the country's efforts to repel Russia's all-out war
June 04
June 04
'Danger zone': Top companies weather uncertainty as Trump's tariffs fluctuate
Executives at Target, Goldman Sachs and Pepsi have bemoaned "uncertainty."
June 04
June 03
World shares push higher as US stocks inch toward their records
Shares have advanced in Europe and Asia after U.S. stocks drifted closer to their records
June 03
June 03
Environmentalists criticize Trump administration push for new oil and gas drilling
Top Trump administration officials on Tuesday headlined an energy conference led by the state’s Republican governor
June 03
June 03
Trump formally asks Congress to claw back approved spending targeted by DOGE
The White House has officially asked Congress to claw back $9.4 billion in already approved spending
June 03
June 03
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture
June 03
June 03
New South Korean leader Lee has lived a turbulent life. Now, big challenges await him
The life of South Korea's new President Lee Jae-myung is full of ups and downs
June 03
June 03
Big firms abandon wind energy plans in Colombia amid regulatory shifts, social issues and grid gaps
Colombia’s wind energy plans in La Guajira are faltering as major companies exit and projects remain stalled
June 03
June 03
Trump pushes a July 4th deadline for big tax bill as senators dig in
President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be singed into law by Independence Day
June 03
June 03
Spanish government says housing market is not a 'free for all' after recent crackdown on Airbnb
A Spanish government minister tells The Associated Press that Spain has sent a message with its recent crackdown on Airbnb
June 03