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Recent Articles from Associated Press
Novo ups bid to $10B in Metsera fight with Pfizer
Novo Nordisk raised its offer to $10 billion for Metsera, escalating its takeover battle with Pfizer over the drug developer.
Boeing may face its first civil trial seeking damages for deadly Ethiopia crash
CHICAGO (AP) — More than six years after a Boeing 737 Max jetliner crashed in Ethiopia, the first civil trial related to the disaster that killed all 157 people on board appears poised to move forward. Boeing has settled most of the dozens of wrongful death lawsuits that families of the victims filed against the […]
Microsoft to ship 60K Nvidia AI chips to UAE
Microsoft won U.S. approval to send over 60,000 Nvidia GB300 AI chips to the UAE under strict safeguards despite Trump’s export remarks.
OpenAI and Amazon sign $38B deal for AI computing power
SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s cloud computing services. OpenAI will get access to “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services as part of the deal announced Monday. The agreement comes […]
Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal
Kimberly-Clark will acquire Tylenol maker Kenvue for $40B, creating a $32B consumer goods giant amid lawsuits and market pressures.
Air traffic controller shortages lead to broader US flight delays as shutdown nears one-month mark
Continued staffing shortages in air traffic control facilities are causing delays at airports as the government shutdown nears the one-month mark. Controllers have been working without pay since the shutdown began on Oct. 1, and Transportation Secretary Sean Duffy has been warning that travelers will see more flights delayed or canceled the longer they go without a paycheck.
Amazon hoists Wall Street toward another winning week and month
Amazon shares surged 11%, lifting the S&P 500 closer to a record high as Wall Street capped its sixth straight winning month.
US home turnover rate hits lowest level in 30 years
Only 28 of every 1,000 U.S. homes changed hands this year, marking the lowest turnover rate since the 1990s amid a sluggish job market.
U.S. mortgage rates fall to lowest level in a year
The average 30-year mortgage rate dropped to 6.17%, its lowest in over a year, boosting refinancing and homebuying demand.
Stocks slip from records amid trade, tech earnings news
U.S. stocks fell from record highs as investors weighed U.S.-China trade talks and mixed Big Tech earnings from Meta and Microsoft.
