Home
 

AP Business News Headlines

Syndicate content
AP Top Business News At 4:40 a.m. EDT
Updated: 2 hours 50 min ago

Hyundai to pay $10B for land in Gangnam district

3 hours 23 sec ago
SEOUL, South Korea (AP) -- A consortium led by Hyundai Motor Co. offered more than $10 billion for land in Seoul's tony Gangnam district where it will build a new headquarters. The sky high price surprised shareholders who sent the automaker's shares down nearly 10 percent....

Alibaba symbol of China's new tech giants

3 hours 22 min ago
BEIJING (AP) -- Alibaba Group's U.S. stock offering is a wakeup call about an emerging wave of technology giants in China's state-dominated economy....

Polls open in historic Scottish independence vote

3 hours 24 min ago
EDINBURGH, Scotland (AP) -- Polls have opened across Scotland in a referendum that will decide whether the country leaves its 307-year-old union with England and becomes an independent state....

Asian stocks mostly down after Fed meeting

Wed, 2014-09-17 23:41
SEOUL, South Korea (AP) -- Asian stock markets mostly fell Thursday after the U.S. Federal Reserve increased its estimate for the level of the central bank's benchmark interest rate by the end of 2015, surprising investors who expected a slower pace of rate hikes....

Review: Devices, apps act like one under iOS 8

Wed, 2014-09-17 22:43
NEW YORK (AP) -- The scores of new features in Apple's software update for mobile devices can be boiled down to one word: unity....

Drag queens dress down Facebook over names

Wed, 2014-09-17 22:31
SAN FRANCISCO (AP) -- San Francisco drag queens are sparring with Facebook over its policy requiring people to use their real names, rather than drag names such as Pollo Del Mar and Heklina. But the world's biggest social network is not budging from its rules....

Fed keeps rates low, but brace for the inevitable

Wed, 2014-09-17 22:15
WASHINGTON (AP) -- Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday....

Japan logs trade deficit for 26th month in a row

Wed, 2014-09-17 20:53
TOKYO (AP) -- Japan logged a 948.5 billion yen ($8.7 billion) trade deficit in August, the 26th straight month of red ink, as slack demand from China and the U.S. stymied exports, the Finance Ministry said Thursday....

Yellen: Fed balance sheet to take years to shrink

Wed, 2014-09-17 13:24
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen says "it could take until the end of the decade" to shrink the Fed's record investment portfolio to more normal levels....

Fed increases estimate for key rate at end of 2015

Wed, 2014-09-17 12:51
WASHINGTON (AP) -- Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate should be at the end of 2015 compared with their estimate three months ago....

Tycoon buys 30 Rolls-Royces for Macau hotel

Wed, 2014-09-17 02:17
HONG KONG (AP) -- A Hong Kong tycoon has placed the biggest ever order for Rolls-Royce cars, agreeing to buy 30 Phantoms to chauffeur guests at a luxury resort he's building in the global gambling capital of Macau....

Strong euro dents 1st-half profits for Zara owner

Wed, 2014-09-17 02:15
MADRID (AP) -- Spanish fashion retailer Inditex, which owns Zara stores, says net profit fell by 2.4 percent in the first half of 2014 despite robust sales, mainly due to the impact of a strong euro....

Sony forecasts $2 billion loss, cites weak mobile

Wed, 2014-09-17 02:14
TOKYO (AP) -- Sony expects its annual loss to swell to more than $2 billion after writing down the value of its troubled mobile business as phone sales were battered by brutal competition....

Vikings bar Peterson from all team activities

Wed, 2014-09-17 02:03
MINNEAPOLIS (AP) -- After a day of public pressure from angry fans and concerned sponsors, the Minnesota Vikings have reversed course and placed star running back Adrian Peterson on the exempt-commissioner's permission list, a move that will require him to stay away from the team while he addresses child abuse charges in Texas....

Cuts to food stamps will only hit 4 states

Wed, 2014-09-17 01:27
WASHINGTON (AP) -- Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found....

Alibaba post-IPO structure gives insiders control

Wed, 2014-09-17 00:50
BEIJING (AP) -- Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale....

Billionaire's house arrest sends stocks crashing

Wed, 2014-09-17 00:49
MOSCOW (AP) -- The arrest of a Russian billionaire has sent shares in his holding company into a tailspin....

Braves' new stadium has a name _ SunTrust Park

Tue, 2014-09-16 22:07
ATLANTA (AP) -- The Braves are still more than two years away from moving into their new suburban ballpark....

Anheuser-Busch, McDonald's voice NFL disapproval

Tue, 2014-09-16 17:02
Major sponsors including Anheuser-Busch are adding to the chorus of disapproval over the National Football League's recent scandals, but the companies are stopping short of pulling advertising....

Russia's ruble drops to historic low

Tue, 2014-09-16 01:55
MOSCOW (AP) -- Russia's currency has dropped to an all-time low against the U.S. dollar as it continues to suffer from the fallout of economic sanctions....