AP Business

China’s economy grows 4.9% in Q3, beating expectations but slowing from previous quarter

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HONG KONG (AP) — China’s economy slowed in the summer as global demand for its exports faltered and the ailing property sector sank deeper...

A busy summer pushes United Airlines to a $1.14 billion profit, but fuel cost...

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United Airlines said Tuesday that it earned $1.14 billion in the vacation-heavy third quarter, but the airline forecast weaker profit the rest of the...

General Motors delays electric pickup truck production at plant near Detroit as US EV...

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DETROIT (AP) — General Motors will delay electric pickup truck production at a factory near Detroit due to slowing U.S. demand for electric vehicles,...

Disney attorneys want to question former administrator in lawsuit with DeSantis appointees

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ORLANDO, Fla. (AP) — Disney attorneys want to question a previous administrator of the governing district that provides municipal services to Walt Disney World...

Retail sales rise solid 0.7% in September, reflecting US shoppers’ resilience despite higher prices

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NEW YORK (AP) — Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled...

Goldman Sachs 3Q profits fall 33% as trading, investment banking remains stagnant

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NEW YORK (AP) — Goldman Sachs saw its third-quarter earnings fall 33%, with the investment bank seeing muted market conditions that allowed fewer deals...

Bank of America profits jump 10% but warns of slowing spending by Americans

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NEW YORK (AP) — Bank of America posted a 10% rise in third quarter profits Tuesday, helped by higher interest rates that allowed the...

US regulators investigate GM’s Cruise division over incidents involving pedestrians in roadways

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U.S. regulators are investigating General Motors' Cruise autonomous vehicle division after receiving reports of incidents where vehicles may not have used proper caution around...

Choice Hotels offers nearly $8 billion for larger rival Wyndham Hotels & Resorts as...

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Choice Hotels International is asking shareholders of rival chain Wyndham Hotels & Resorts to sign off on a buyout worth nearly $8 billion after...

Rolls-Royce is cutting up to 2,500 jobs in an overhaul of the UK jet...

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Jet engine maker Rolls-Royce said Tuesday it's cutting up to 2,500 jobs globally as part of a corporate overhaul that its new CEO is...