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Byline: MATT OTT AP Business Writer

05 May

In a trade-war whirlwind, shoemaker Skechers is sold for $9 billion to become a private company

published on May 5, 2025 - 3:11 PM

The shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm

09 Dec

Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

published on December 9, 2024 - 2:38 PM

Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of

20 Nov

Comcast to spin off cable networks, once star performers for the entertainment giant

published on November 20, 2024 - 2:23 PM

Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant,

29 Oct

American consumers feeling much more confident as Election Day nears

published on October 29, 2024 - 11:48 AM

(AP) — American consumers are feeling quite a bit more confident this month as Election Day approaches, a business research

13 Sep

Newly freed from federal restrictions, Wells Fargo agrees to shore up crime risk detection

published on September 13, 2024 - 3:21 PM

Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal

15 Jul

Macy’s ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing

published on July 15, 2024 - 1:50 PM

Macy’s is terminating its monthslong buyout talks with two investment firms, citing a substandard offer and the lack of certainty

14 Feb

Lyft shares rocket 62% over a typo in the company’s earnings release

published on February 14, 2024 - 2:29 PM

Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo in the ride-hailing company’s earnings

16 May

Wells Fargo agrees to pay $1 billion to settle shareholders’ class-action lawsuit

published on May 16, 2023 - 2:09 PM

(AP) — Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders who

30 Mar

More Americans file for jobless claims; layoffs remain low

published on March 30, 2023 - 1:53 PM

U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve

05 Jan

Average long-term US mortgage rates inch up to 6.48%

published on January 5, 2023 - 9:29 AM

(AP) — The average long-term U.S. mortgage rate rose for the second straight week following six weeks of declines that