Category Archives: Business News
Trump halts doubling of tariffs on Canadian metals, after Ontario suspends electricity price hikes
By JOSH BOAK, ROB GILLIES and MICHELLE PRICE Associated Press WASHINGTON (AP) - President Donald Trump 's threat on Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Cana...
Mar 11, 2025
Stocks' sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market's sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through...
Mar 10, 2025
Elon Musk claims X being targeted in 'massive cyberattack' as service goes down
By MICHELLE CHAPMAN AP Business Writer Hours after a series of outages Monday that left X unavailable to thousands of users, Elon Musk claimed that the social media platform was being targeted in a "m...
Mar 10, 2025
Flu season in the US is the most intense it's been in at least 15 years
By MIKE STOBBE AP Medical Writer NEW YORK (AP) - The U.S. winter virus season is in full force, and by one measure is the most intense in 15 years. One indicator of flu activity is the percentage of d...
Feb 07, 2025
Stock market today: Wall Street finishes mixed as strong fashion, tobacco stocks offset Ford's drop
By STAN CHOE AP Business Writer NEW YORK (AP) - Wall Street drifted through mixed trading Thursday as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm. The S&P ...
Feb 06, 2025
NC-based Honeywell, one of the few remaining US industrial conglomerates, will split into three companies
By MICHELLE CHAPMAN AP Business Writer Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing gian...
Feb 06, 2025
New NC facility part of Toyota's EV and battery push in China and U.S.
By YURI KAGEYAMA AP Business Writer TOKYO (AP) - Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Sh...
Feb 05, 2025
Trump agrees to pause tariffs on Mexico, but import taxes still in place for Canada and China
WASHINGTON (AP) - Mexican President Claudia Sheinbaum said Monday that after a conversation with U.S. President Donald Trump that the planned tariffs are on hold for a month, a statement confirmed by ...
Feb 03, 2025
Stock market today: Wall Street rips higher after inflation data and strong bank profits
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo ...
Jan 15, 2025
Stock market today: Wall Street ticks higher after encouraging inflation data
By STAN CHOE AP Business Writer NEW YORK (AP) - Most U.S. stocks are rising on Tuesday following an encouraging update on inflation, but drops for Eli Lilly and some other influential companies are ke...
Jan 14, 2025