AP Business
Business and economic news from the Associated Press.
Latest stories
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Australian executive in Myanmar linked to alleged financial misconduct is freed from jail
YANGON, Myanmar (AP) — An Australian business executive who headed the American Chamber of Commerce in Myanmar has been released from jail after being detained for more than 100 days over financial misappropriation allegations, a legal official said Wednesday.
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Rivian R2 vs. Tesla Model Y, an Edmunds electric SUV showdown
The Tesla Model Y has been the sales king of small electric SUVs since the moment it arrived. Many rivals have chased its success, but none have come close. Now it’s Rivian’s turn. The Rivian R2 is the California EV automaker’s first small electric SUV, and it’s gunning for the Model Y. Rivian’s ...
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Takeaways: What a new AP-KFF survey reveals about rural American voters
WASHINGTON (AP) — A new poll from The Associated Press in partnership with KFF finds that about half of rural American voters believe the economy is worse off now than when President Donald Trump returned to office, pointing to economic frustration among a key group that has backed Trump and othe...
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Economic frustration tests Trump’s standing with rural voters, new AP-KFF poll finds
WASHINGTON (AP) — About half of rural American voters believe the economy is worse off now than when President Donald Trump returned to office, according to a new survey that points to economic frustration among a key group that has backed Trump and other Republicans in recent elections.
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Sen. Bernie Sanders unveils bill to ban artificial superintelligence and create Department of AI
Sen. Bernie Sanders and Rep. Greg Casar are introducing legislation that would ban artificial superintelligence, pause development of advanced AI systems and create a new Department of Artificial Intelligence. The proposal comes as prominent AI executives and researchers increasingly warn about p...
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Iranian advisers played a key role in the stunning advance by Yemen’s Houthis, sources tell AP
CAIRO (AP) — It took Houthi rebels less than 48 hours to seize Yemen's Red Sea coast from pro-government forces in a resounding blow to U.S. interests and Washington's regional allies.
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Ethiopian Airlines cancels flights to Tigray capital as soldiers take over airport
ADDIS ABABA, Ethiopia (AP) — Regional forces in Tigray in northern Ethiopia took control of the airport on Wednesday morning, prompting the state-owned carrier to cancel flights to the troubled region.
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Cambodia says it has dismantled scam compounds, while experts call for criminal prosecutions
PHNOM PENH, Cambodia (AP) — Cambodia's prime minister said Wednesday the country had eradicated the large-scale scam compounds it became known for globally, without providing significant new evidence.
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US futures inch higher and oil prices slip for 6th straight day after US and Iranian officials meet
U.S. futures are slightly higher after Wall Street held near its record and oil prices declined following U.S. President Donald Trump’s remarks that United States and Iranian officials had a meeting on the sidelines of the U.N. General Assembly. Futures for the S&P 500 and Dow Jones Industrial Av...
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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.
