AP Business
Business and economic news from the Associated Press.
Latest stories
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Worries about an AI internet takeover gain new urgency among doomsday scenarios
In a summer filled with revelations about artificial intelligence's rapid development, researchers were especially alarmed by runaway bots finding their way onto the internet and, in at least one instance, coordinating there with one another.
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Climate disasters are growing. So are cuts to programs that prepare for them
KATHMANDU, Nepal (AP) — Sitting on the floor of a makeshift shelter for survivors of Nepal's deadly recent floods, Tenzin Dolma Ghale said she had nothing left but the clothes she was wearing. Her entire village and members of her family were washed away by the surge of water and debris that kill...
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Bill Clinton calls on leaders to fill gaps left by 'retreating governments'
NEW YORK (AP) — Former President Bill Clinton opened this year’s Clinton Global Initiative conference Tuesday in New York, calling on attendees to promise to “step into the void created by retreating governments” following cuts by the United States and other nations to foreign assistance.
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No decision made on possible NHL expansion to Houston or Austin, Texas, after board discusses it
NEW YORK (AP) — Meeting for the first time since the NHL began exploring expansion to Houston or Austin, Texas in June, the league's Board of Governors discussed the topic on Tuesday but did not make any decisions, according to Commissioner Gary Bettman.
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Carney says Canada and India aim to wrap up trade talks by G20 ahead of Modi visit
TORONTO (AP) — Canadian Prime Minister Mark Carney said Tuesday that trade negotiations with India are making “good progress” and that the two countries are aiming to conclude talks by the G20 summit in mid-December.
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Glenn Martens exits Diesel with moans, headbanging and barely-there looks
MILAN (AP) — Diesel creative director Glenn Martens went out with a racy, body-positive collection during Milan Fashion Week on Tuesday, ending a tenure that revitalized and revolutionized the brand.
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‘You should not be here,' Trump tells CNN at UN as standoff with media outlets persists
A tense moment between President Donald Trump and CNN's Kaitlan Collins is a stark reminder of how the conflict between the administration and some news outlets has escalated in just a few days. Trump began his United Nations visit Tuesday by telling Collins: “You should not be here.” CNN is one ...
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FACT FOCUS: Trump made multiple false and misleading claims in front of the UN General Assembly
President Donald Trump made myriad false and misleading claims during his address to the United Nations General Assembly on Tuesday, many of which he has repeated frequently throughout his second term in the White House. They covered topics such as U.S. munitions supply, drug seizures and the eco...
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In a concrete-covered culture, John Wilson carves out a micro-movie revolution
NEW YORK (AP) — Years ago, John Wilson began just walking out into New York with his camera.
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New York, California sue to block Trump administration deals canceling offshore wind projects
WASHINGTON (AP) — Democratic attorneys general from California and New York sued the Trump administration Tuesday over its plans to buy back offshore wind leases as President Donald Trump seeks to discourage the expansion of wind energy in favor of fossil fuels.
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How Ella Langley's 'Choosin' Texas' became the longest-running No. 1 hit of all time
Ella Langley’s song “Choosin’ Texas” is officially the longest-running No. 1 single in the U.S., spending 23 weeks at the top spot on the Billboard Hot 100. It is also 2026's biggest hit. Since its release in October, the song has achieved 911 million on-demand streams in the U.S. and 1.26 billio...
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DoorDash to pay $131M for underpaying delivery workers in New York City
NEW YORK (AP) — DoorDash will pay $131.5 million to settle claims that it underpaid delivery workers in New York City, Mayor Zohran Mamdani announced Tuesday.
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California farmers are struggling to sell grapes as demand for wine drops
It’s harvest time in California wine country, but many growers are struggling to sell their grapes as Americans cut back on drinking. Farmers are tearing out their vineyards, selling their land or planting other crops as they lose faith in the wine business. Bill Berryhill can’t find buyers for g...
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China expands export control on drug precursors ahead of Trump-Xi meeting
BEIJING (AP) — China said Tuesday that it is now requiring permits for exports to the United States, Mexico and Canada of two additional chemicals that can be used to make illegal drugs, expanding controls on shipments to the three countries.
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GOP Sen. John Curtis calls for probe of Trump Jr. after wedding party bankrolled by Russian oligarch
WASHINGTON (AP) — Republican Sen. John Curtis of Utah is calling on the Senate Judiciary Committee to investigate whether Donald Trump Jr. used his proximity to the presidency for financial benefit, after his recent wedding party was partially bankrolled by a Russian oligarch.
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Air traffic control calamity disrupting hundreds of US flights spotlights the aging system
Communications failures that snarled hundreds of flights across the Northeast on Monday have put the spotlight back on the aging systems that air traffic controllers rely on in the U.S.
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5 things you need to know about required minimum distributions this year
Required minimum distributions are unwelcome for many high-income retirees because of the implications for their tax bills. RMDs are taxed as ordinary income and can have knock-on tax effects, leading to more tax on Social Security benefits and higher Medicare costs.
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What to know about hospital deals with the Trump administration to avoid treating transgender minors
At least six major hospitals have agreed to refuse gender-affirming hormones and surgery for transgender young people and agreed to make payments to the federal government, according to deals with the Department of Justice.
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Trump suggests a Ukraine deal on Russia's war could be close while meeting with Zelenskyy
Ukrainian President Volodymyr Zelenskyy met with U.S. President Donald Trump at the U.N. General Assembly in New York and expressed hope that the U.S. would help to end Russia's war in Ukraine. Tuesday's meeting follows Russian missile and drone attacks on four Ukrainian regions that killed five ...
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The EU moves closer to free trade deal with Philippines amid global tensions
The European Union and the Philippines have reached substantial agreement on a new free trade deal. European Commission President Ursula von der Leyen announced the preliminary agreement Tuesday, with further negotiations needed for a full deal. EU trade negotiator Maroš Šefčovič and Philippine T...
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China's Alibaba unveils new powerful chip and ambitious AI model plans
China's Alibaba has unveiled new plans for its AI model and new chip technologies, including what it claims is China's most powerful AI chip. This launch comes as U.S. AI leaders call for a slowdown in AI development over safety concerns. On Tuesday, at its annual conference in Hangzhou, Alibaba ...
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Worsening El Nino threatens Asia with drought, potentially raising food prices globally
BANTEN, Indonesia (AP) — All signs are pointing toward a record-breaking El Nino this year, which experts say may cause severe drought in Asia and other extreme weather across the world, threatening food security for millions of people.
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Trump and Xi see tensions flare over AI, trade and Iran but still seek stability
U.S. President Donald Trump is hosting Chinese leader Xi Jinping in Washington this week as economic and tech competition escalates between the two countries. Both leaders are aiming to stabilize fragile ties, though no major agreements are expected. The meeting itself is seen as significant give...
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Wall Street holds near its record after Brent oil falls below $100 per barrel
The U.S. stock market held near its record high after oil prices eased again. The S&P 500 edged down a fraction of a point and is sitting just 0.4% below its all-time high set last month. The Dow Jones Industrial Average dropped 0.4%, and the Nasdaq composite added 0.5% to its own record. Stocks ...
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Fulfilling earlier US-China agreements is a work in progress as Trump and Xi meet again
BEIJING (AP) — The U.S. and China have made uneven progress in fulfilling the trade commitments announced after their two leaders met in Beijing in May.
