AP Top Business News at 11:39 p.m. EDT
UPS to become the primary air cargo provider for the United States Postal Service
UPS to become the primary air cargo provider for the United States Postal Service
The European Union has slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war. But company reps in both China and Europe are critical of the steps. Brussels launched an investigation last year into Chinese electric vehicle manufacturers to probe whether state subsidies were unfairly undercutting European automakers.Since announcing the planned tariff hike last month, o
The big trouble with couples retiring at different times? The impact on long-term financial security.
Climate campaigners are bombarding the courts with lawsuits against energy companies in a new attempt to end the use of fossil fuels, a report from the London School of Economics (LSE) has found.
A recent report from the Vanguard Institute reveals a significant uptick in retirement savings, with average balances for American retirees increasing by 19% compared to 2022 data. Notably, more than four out of 10 individuals boosted their contribution amounts to their 401(k) accounts. Yahoo Finance personal finance contributor Kerry Hannon breaks down the study, examining the factors driving this positive trend in retirement savings. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
Elon Musk has asked a federal judge in New York to dismiss a lawsuit brought by shareholders of Twitter, the platform now known as X, arguing the delayed disclosure of his stake in the social media company was a “mistake.” The billionaire was sued by Twitter shareholders in April 2022 after revealing he had acquired…
Automakers continue to report sales growth, prompting investors to question whether this trend can persist into the second half of 2024. Cox Automotive executive analyst and senior director of economic and industry insights Erin Keating joins Market Domination Overtime to discuss her outlook on the auto industry. Keating calls the auto industry's performance "pretty good" in 2024 despite economic uncertainty that pointed to a potential slowdown. Addressing the electric vehicle (EV) sector, she notes that "a lot of the decline" in the EV market "is coming out of the Tesla (TSLA) share," noting Tesla's former position as the sole competitor in the market. With more automakers transitioning to EV production, Keating doesn't believe that "EV demand is completely falling off a cliff." Instead, she describes the market as "normalizing," reflecting a more competitive landscape. Looking ahead, Keating tells Yahoo Finance that 'the automotive market will have to balance itself out." She forecasts increased consolidation and collaboration among automakers as the industry adapts to evolving dynamics. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Private equity firms are now looking at bitcoin miners in a much more different way after Core Scientific signed 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.
Despite high inflation, Vanguard found that Americans set aside funds for retirement at the highest rates ever.
PETALING JAYA, July 6 — A local man has alleged he was sodomised against his will by a foreigner he met at the gym of th...
KUALA LUMPUR, July 7 — The Umno Veterans Club today expressed concern over the low turnout of Chinese voters during the...
PETALING JAYA, July 7 — Film director and critic Mansor Puteh, 70, passed away after the car he was driving skidded and...
This Euro 2024 clash could have been an all-time great quarter-final, and instead a part of it was stolen
The Philippine Coast Guard (PCG) said on Saturday that China's largest coastguard vessel has anchored in Manila's exclusive economic zone (EEZ) in the South China Sea, and is meant to intimidate its smaller Asian neighbour. The China coastguard's 165-meter 'monster ship' entered Manila's 200-nautical mile EEZ on July 2, spokesperson for the PCG Jay Tarriela told a news forum. The PCG warned the Chinese vessel it was in the Philippine's EEZ and asked about their intentions, he said.
KUALA LUMPUR, July 6 — The Immigration Department conducted a crackdown on a foreign prostitution syndicate in the Klang...
When it was finally over Cristiano Ronaldo turned away, pulled the captain’s armband from his sleeve and wandered off – if this is not the end for him in international football then he will be in his fifth decade by the time of the next World Cup finals.
On October 8, as the world was beginning to comprehend what had just happened in southern Israel, most decent people – including many who would go on to decry Israel’s retaliatory campaign – expressed genuine horror at what Gaza’s Islamist barbarians had done. But a substantial minority was openly cheering. Not just in Turkey and Iran, but in Toronto and London.
It’s all over for Rishi Sunak now that his party has lost the general election in emphatic fashion – despite retaining his seat, this is surely the beginning of the end of his frontline political career as he serves out the last of his days as leader of the party.
The couple were joined by Kaulitz's twin brother, Bill, for the afternoon outing during their getaway in Italy
A whole 11 minutes after news broke that Emma Raducanu had pulled out from her mixed doubles appearance with her son, Judy Murray could not hide her feelings any longer.
When Joe Biden was inaugurated as the 46th President of the United States in 2021, much was made of his wife Dr Jill Biden becoming the first First Lady ever to hold a salaried outside job.