Japan’s Sogo & Seibu department stores are being sold to a US fund as...
TOKYO (AP) — Japanese retailer Seven & i Holdings Co. is selling department store chain Sogo & Seibu Co. to a U.S. investment fund,...
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in...
GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland...
Stock market today: Global shares trade higher ahead of US updates on inflation and...
BEIJING (AP) — Global stock markets were mostly higher Thursday ahead of updates on United States inflation and hiring that traders hope will persuade...
China’s Baidu makes AI chatbot Ernie Bot publicly available
HONG KONG (AP) — Chinese search engine and artificial intelligence firm Baidu made its ChatGPT-equivalent language model fully available to the public Thursday, raising...
Squeezing in one last summer trip over Labor Day weekend? Expect crowded airports and...
DALLAS (AP) — By some measures, air travelers have enjoyed a less stressful summer than last year, but canceled flights remain elevated as airlines...
JCPenney is spending $1 billion on store and online upgrades in latest bid to...
NEW YORK (AP) — JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to...
Locomotive manufacturer, union reach tentative deal to end 2-month strike
ERIE, Pa. (AP) — The country’s largest locomotive manufacturer and its striking union workers have reached a tentative agreement that could end a two-month...
Georgia Power customers could see monthly bills rise $9 to pay for the Vogtle...
ATLANTA (AP) — Residential customers of Georgia's largest electrical utility could see their bills rise $9 more a month to pay for a new...
States at the forefront of fights over wetlands protections after justices slash federal rules
A month after the U.S. Supreme Court severely restricted the federal government's power to oversee wetlands, the Republican-dominated North Carolina legislature handed state agencies...
US economic growth for last quarter is revised down to a 2.1% annual rate
WASHINGTON (AP) — The U.S. economy expanded at a 2.1% annual pace from April through June, showing continued resilience in the face of higher...