The Associated Press
Business News
British man sentenced to 18 years for using AI to make child sexual abuse imagery
A British man who used artificial intelligence to create images of child abuse was sent to prison for 18 years
October 28, 2024A man is accused of punching and bloodying another passenger who was sleeping on a US flight
An airline passenger is sitting in jail in Virginia after being accused of an unprovoked attack on a fellow passenger who was sleeping
November 01, 2024Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in demand during the pandemic
November 01, 2024
Latest Business Video
Latest Business Video
Latest Business Headlines
2 hours ago
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assort...
2 hours ago
November 02
What's at stake for Elon Musk in the presidential election?
Musk, the world's richest person, has sought to help elect Donald Trump.
November 02
November 02
Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
Japan is planning an automated cargo transport corridor between Tokyo and Osaka to make up for a shortage of truck drivers
November 02
November 01
House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back
House Speaker Mike Johnson is trying to clarify remarks he made at a New York campaign rally where he suggested that Republicans may try to repeal legislation that has spurred U.S. production of semiconductor chips
November 01
November 01
A man is accused of punching and bloodying another passenger who was sleeping on a US flight
An airline passenger is sitting in jail in Virginia after being accused of an unprovoked attack on a fellow passenger who was sleeping
November 01
November 01
Brazilian state law overturns soy moratorium that helped curb Amazon deforestation
In 2006, environmental nonprofits and some of the world’s largest soybean traders came together in a landmark “soy moratorium” to stop the sale of soy grown on illegally deforested land in Brazil's Amazon
November 01
November 01
Georgia officials agree to spend $100 million on Hurricane Helene aid for farms and forestry
Georgia’s state government is diverting $100 million to spend on loans to farmers and cleanup after Hurricane Helene
November 01
November 01
MrBeast probe ends with some employees fired but finds no proof of sexual misconduct allegations
Online video production company MrBeast says it has fired somewhere between 5 to 10 employees following an investigation into the YouTube empire’s workplace culture
November 01
November 01
Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in demand during the pandemic
November 01
November 01
How major US stock indexes fared Friday, 11/1/2024
Amazon led U.S. stock indexes higher, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest rates next week
November 01
November 01
A Palestinian-Israeli collective made one of 2024's most lauded docs. Will it be released in the US?
Basel Adra, a Palestinian, and Yuval Abraham, an Israeli, spent five years making a movie that depicts daily life in Adra’s village under Israeli occupation
November 01
November 01
As data center industry booms, an English village becomes a battleground
The English village of Abbots Langley has become a flashpoint in a British battle over data centers
November 01
November 01
Financial market worries over the UK budget appear to ease
Worries about this week’s tax-raising U.K. budget within financial markets appear to have eased with the interest rates charged on British debt steadying and the pound rising against most other currencies
November 01
November 01
Next Week: Trade balance, Fed policy meeting, consumer credit
The Commerce Department releases its monthly snapshot of the nation’s trade gap Tuesday
November 01
November 01
Harris team warns CEOs that Trump is a threat to economy, while Trump says tariffs can drive growth
Kamala Harris’ campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth
November 01
November 01
Wendy's closing 140 more restaurants as part of push to update its locations
Wendy’s plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May
November 01
November 01
Dutch junior finance minister quits after questions over his personal investments
The Dutch junior minister for finance has quit following criticism of his refusal to publish details of his personal investments
November 01
November 01
IRS announces pension and retirement plan contribution adjustments for 2025
The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024
November 01
November 01
Musk tests the role of money in U.S. politics with multimillion-dollar effort to back Trump
Next week’s presidential election isn’t just a referendum on Donald Trump and Kamala Harris
November 01
November 01
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
November 01
November 01
Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition
Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition
November 01
November 01
Exxon Mobil profit surges in the third quarter on strong production, board approves 4% dividend boost
Exxon Mobil profit surges in the third quarter on strong production, board approves 4% dividend boost
November 01
November 01
Jobs report offers blurry snapshot of economy days before election: What to know
Data is incomplete due to one-off disturbances last month.
November 01
November 01
Colm McLoughlin, Irishman who led Dubai Duty Free to become an airport retail giant, dies at age 81
Colm McLoughlin, an Irishman who landed in the deserts of the United Arab Emirates and helped lead Dubai Duty Free into becoming an airport retail behemoth generating billions of dollars a year, has died
November 01
November 01
Stock market today: Amazon leads Wall Street higher
Amazon led U.S. stock indexes higher, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest rates next week
November 01
November 01
Will people leave Florida after devastating hurricanes? History suggests not
Up and down Florida’s Gulf Coast, residents are deciding whether to stay or go following two recent hurricanes
November 01
October 31
Takeaways from The Associated Press investigation into sexual abuse of incarcerated women
As part of a sweeping two-year investigation into prison labor, The Associated Press found that correctional staff nationwide have been accused of using inmate work assignments to sexually abuse incarcerated women, luring them to isolated spots, out of...
October 31
October 31
Prison work assignments used to lure and rape female inmates. Guards sometimes walk free
As part of a sweeping two-year investigation into prison labor, The Associated Press found that correctional staff nationwide have been accused of using inmate work assignments to sexually abuse incarcerated women, luring them to isolated spots, out of...
October 31
October 31
Boeing workers will vote on a new contract offer to end 7-week-old strike
Striking workers at Boeing will vote on a new contract offer next week
October 31
October 31
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls
October 31
October 31
Los Angeles County sues Pepsi and Coca-Cola over plastic bottles
Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution
October 31
October 31
Jury orders Bell Helicopter to pay $16 million to former supplier in a trade-secrets case
A jury has ordered Bell Helicopter to pay $16 million to a California company in a case about confidential business information
October 31
October 31
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarter
October 31
October 31
ChatGPT will now work as a search engine as OpenAI partners with some news outlets
OpenAI is launching a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with search giant Google and affect the flow of internet traffic seeking news and other timely information
October 31
October 31
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates
October 31
October 31
How major US stock indexes fared Thursday, 10/31/2024
Drops in big tech companies including Microsoft and Facebook’s parent company Meta Platforms led Wall Street lower
October 31
October 31
Trump and Harris both support a bigger child tax credit. But which families should get it?
Never before in a presidential election cycle has there been so much discussion of the child tax credit — a tool many Democrats and Republicans have endorsed as a way to lift children and young families out of poverty
October 31
October 31
Security tech company Evolv fires its chief executive
Amid the backdrop of a sales misconduct investigation and other legal troubles, security technology company Evolv is now firing its CEO
October 31
October 31
A promising schizophrenia drug showed mixed results. What does that mean for patients?
Some people who took a new schizophrenia drug for one year improved with only a few side effects, but many dropped out of the research
October 31
October 31
Pentagon audit says Boeing cleaned up on Air Force parts, including soap dispensers marked up 8,000%
According to a Pentagon audit, Boeing has overcharged the Air Force on spare parts for a major cargo plane, including marking up the price of simple lavatory soap dispensers by 8,000%
October 31
October 31
Working Well: Seeking the elusive work-life balance, one step at a time
It’s no surprise that workers feel burned-out
October 31
October 31
Ex-Disney worker accused of hacking computer menus to add profanities, errors
A former Disney worker has been arrested based on a complaint that says he hacked into servers at Walt Disney World in order to manipulate computer menus
October 31
October 31
60,000 Wawa-branded tumblers recalled
Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw
October 31
October 31
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August
October 31
October 31
The average rate on a 30-year mortgage hits 6.72% this week, Freddie Mac says, its highest level since early August
The average rate on a 30-year mortgage hits 6.72% this week, Freddie Mac says, its highest level since early August
October 31
October 31
Lebanon's detained former central bank governor faces new corruption charge
A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrant
October 31
October 31
Paris court lifts ban on Israeli firms exhibiting their weapons at Euronaval trade show
A Paris commercial court has lifted a ban that had prevented Israeli defense companies from exhibiting weapons used by its military in the Mideast conflicts in Gaza and Lebanon at the upcoming Euronaval trade show
October 31
October 31
Peloton appoints Apple Fitness+ co-founder, now Ford executive, as its next CEO
Peloton has appointed its next CEO
October 31
October 31
UK Treasury chief admits business tax rise could lead to lower than anticipated wages
U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees
October 31
October 31
Google Maps adds AI features to help users explore and navigate the world around them
Google Maps is heading down a new road steered by artificial intelligence
October 31