WASHINGTON (AP) — The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight upgrade of its previous estimate of fourth-quarter growth. But it's unclear whether the ...
NEW YORK (AP) — A brand that was notoriously connected to music piracy before reemerging as a subscription music service has been sold to Infinite Reality for $207 million. The tech startup announced Tuesday it had bought Napster in hopes of transforming the streaming service into a social ...
Kroger is denying Albertsons' claims that it didn't do enough to ensure regulatory approval of the companies' planned supermarket merger. In court papers filed Tuesday in the Delaware Court of Chancery, Kroger said Albertsons disregarded the companies' merger agreement and worked secretly ...
LONDON (AP) — The British economy will only grow by 1% this year, half the rate previously anticipated, Treasury chief Rachel Reeves conceded Wednesday in a statement to lawmakers about the state of the public finances that also saw her flesh out plans to boost defense spending. Against the ...
Markets appear to be settling a day after a broad rally was fueled by hopes the Trump administration may take a more targeted approach to tariffs. Futures for the S&P 500, the Nasdaq and the Dow Jones Industrial Average all rose less than 0.1% before Tuesday's opening bell. KB Homes ...
BANGKOK (AP) — Chinese electric vehicle maker BYD logged a record 777.1 billion yuan ($107 billion) in revenue last year as its sales of battery electric and hybrid vehicles jumped 40%. The report late Monday coincided with BYD's launch earlier this week of its Qin L EV sedan, a mid-sized ...
