AP Business

Brooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’

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NEW YORK (AP) — To appeal to a new generation of philanthropists, the Brooklyn Community Foundation is ditching the word “foundation” and establishing itself...

Qatar Airways CEO will step down after nearly 3 decades leading carrier

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NEW YORK (AP) — Qatar Airways Group chief executive Akbar Al Baker is stepping down after 27 years leading the company.Al Baker's retirement will...

Orbán blasts the European Union on the anniversary of Hungary’s 1956 anti-Soviet uprising

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BUDAPEST, Hungary (AP) — Prime Minister Viktor Orbán compared Hungary's membership in the European Union to more than four decades of Soviet occupation of...

Autoworkers strike at Stellantis plant shutting down big profit center, 41,000 workers now picketing

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The United Auto Workers union has once again escalated its strikes against big Detroit automakers, this time adding a factory that makes Ram pickup...

The yield on a 10-year Treasury reached 5% for the 1st time since 2007....

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NEW YORK (AP) — The yield on the 10-year Treasury has reached 5% for the first time since 2007. That matters for everyone, not...

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as...

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Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers...

Stock market today: World stocks fall as concerns rise over Israel-Hamas war and high...

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HONG KONG (AP) — World shares slumped further on Monday as higher risks of broader conflict in the Middle East clouded market sentiment and...

Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax...

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TOKYO (AP) — Japan's Prime Minister Fumio Kishida said Monday he is preparing to take bold economic measures, including an income tax cut for...

UAW’s confrontational leader makes gains in strike talks, but some wonder: Has he reached...

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WAYNE, Mich. (AP) — Throughout its 5-week-old strikes against Detroit’s automakers, the United Auto Workers union has cast an emphatically combative stance, reflecting the...

Apple supplier Foxconn subjected to tax inspections by Chinese authorities

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BANGKOK (AP) — Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities, according...