AP Business

Higher costs and low base fares send Delta’s profit down 29%. The airline still...

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Americans are traveling in record numbers this summer, but Delta Air Lines said Thursday that it saw second-quarter profit drop 29% due to higher...

PepsiCo second quarter profits jump, but demand continues to slip with prices higher

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PepsiCo reported higher-than-expected earnings in the second quarter but customer demand for its snacks and drinks continued to slip.North American demand for Pepsi's Frito-Lay...

EU accepts Apple pledge to let rivals access ‘tap to pay’ iPhone tech to...

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LONDON (AP) — The European Commission, the EU's executive arm and top antitrust enforcer, said that it's accepting the commitments that Apple offered earlier...

IRS collects milestone $1 billion in back taxes from high-wealth taxpayers

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WASHINGTON (AP) — The IRS announced Thursday that it has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant...

Biden administration goes bigger on funding apprenticeships, hoping to draw contrast with GOP

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WASHINGTON (AP) — The Biden administration said Thursday that it's providing $244 million to expand and update the federal government's registered apprenticeship program —...

Biden awards $1.7 billion to boost electric vehicle manufacturing and assembly in eight states

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WASHINGTON (AP) — The Biden administration is awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing and assembly sites...

Stock market today: World shares keep climbing, as Japan’s Nikkei, Wall St set more...

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World shares forged higher on Thursday after another record-setting rally on Wall Street, as Japan’s Nikkei 225 index closed over 42,000 for the first...

Costco raises annual membership fees for the 1st time since 2017, boosting them $5...

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ISSAQUAH, Wash. (AP) — Costco bargain hunters are going to have to pay an additional $5 to $10 annually as the popular warehouse chain...

Is inflation still cooling? Thursday’s report on June prices will provide clues

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WASHINGTON (AP) — Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report...

Federal judge orders mediation to break impasse over Puerto Rico power company debt

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SAN JUAN, Puerto Rico (AP) — A federal judge overseeing a drawn-out debt-restructuring process for Puerto Rico’s power company ordered all parties to mediation...