Recall issued over Celsius energy drinks mistakenly containing vodka
MODESTO, Calif. — Energy drinks that mistakenly contain vodka are being recalled in half a dozen states. High Noon is recalling two production lots of High Noon Beach Variety packs because some packs include cans containing vodka that were mislabeled as Celsius Astro Vibe Energy Drink, according to a U.S....
Union Pacific, Norfolk seek 1st transcontinental railroad through a massive merger
OMAHA, Neb. — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, potentially triggering a final wave of rail mergers across the country. The proposed merger, announced Tuesday, would marry Union Pacific’s vast rail network in the...
EPA set to unravel U.S. authority to regulate greenhouse gases
WASHINGTON — The Trump administration is set to announce its plans to abolish the U.S. government’s authority to regulate greenhouse gases, threatening to strike a deep blow at Washington’s ability to fight climate change. The Environmental Protection Agency will unveil a proposal as early as Tuesday to scrap a landmark...
Hershey raising candy prices by double digits on high cocoa costs
Hershey Co. is raising prices on its candy because of historically high cocoa costs. The Pennsylvania-based maker of Hershey’s chocolates and Reese’s Peanut Butter Cups told its retailers last week that it would be implementing a roughly double-digit price increase, company officials said Tuesday. That increase reflects a higher list...
Americans are paying for Trump’s tariffs, not foreign companies
Who’s paying for Donald Trump’s tariffs? So far, American businesses and consumers. General Motors Co. was the latest U.S. company to disclose how the levies are raising costs, with the automaker saying Tuesday that the duties dented profits by more than $1 billion as it chose to absorb the blow....
Wall Street rises toward records as Verizon begins big week for profit reports with a beat
NEW YORK — U.S. stocks are rising toward more records on Monday ahead of a week full of profit updates from big U.S. companies, which Wall Street expects to keep growing despite pressure from President Donald Trump’s tariffs. The S&P 500 was 0.5% higher in morning trading and above its...
Less selection, higher prices: How tariffs are shaping the holiday shopping season
NEW YORK — With summer in full swing in the United States, retail executives are sweating a different season. It’s less than 22 weeks before Christmas, a time when businesses that make and sell consumer goods usually nail down their holiday orders and prices. But President Donald Trump’s vacillating trade...
Man whose car struck crowd outside Los Angeles club, injuring 30, was shot, attacked by crowd
LOS ANGELES — A vehicle rammed into a crowd of people waiting to enter a nightclub along a busy boulevard in Los Angeles early Saturday, injuring 30 people and leading bystanders to attack the driver, authorities said. The driver was later found to have been shot, according to Los Angeles...
32 Palestinians shot dead trying to reach U.S. group’s food distribution sites, Gaza authorities say
DEIR AL BALAH, Gaza Strip — Israeli troops opened fire Saturday toward crowds of Palestinians seeking food from distribution hubs run by a U.S.- and Israeli-backed group in southern Gaza, killing at least 32 people, according to witnesses and hospital officials. The shootings occurred near hubs operated by the Gaza...
Beef prices have soared in the U.S. — and not just during grilling season
OMAHA, Neb. — Anyone firing up the grill this summer already knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed increasingly fast. And experts say consumers shouldn’t expect much relief soon either. The average price of a pound of ground beef rose to $6.12...
Mark Zuckerberg says Meta will build gigawatt-size data centers
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company is building several massive data centers to power its artificial intelligence efforts with the first one expected to come online next year. “We’re calling the first one Prometheus and it’s coming online in ‘26,” Zuckerberg said in a post...
Boeing settles with a man whose family died in a 737 Max crash in Ethiopia
CHICAGO — Boeing reached a settlement Friday with a Canadian man whose wife and three children were killed in a deadly 2019 crash in Ethiopia, averting the first trial connected to the devastating event that led to a worldwide grounding of Max jets. The jury trial at Chicago’s federal court...
Average long-term U.S. mortgage rate rises to 6.72%, ending 5-week slide
The average rate on a 30-year U.S. mortgage edged up this week, ending a five-week decline in borrowing costs for homebuyers. The long-term rate ticked up to 6.72% from 6.67% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.89%. Borrowing costs on 15-year fixed-rate...
Investors snap up U.S. homes as traditional buyers struggle to afford one
LOS ANGELES — Real estate investors are snapping up a bigger share of U.S. homes on the market as rising prices and stubbornly high borrowing costs freeze out many other would-be homebuyers. Nearly 27% of all homes sold in the first three months of the year were bought by investors,...
Waymo begins offering teen accounts, starting in metro Phoenix
Alphabet Inc.’s Waymo is launching a new account type that lets teenagers hail a robotaxi and ride alone, expanding its rider base while continuing to test its service in more U.S. cities. Teens from 14 to 17 can have a user profile paired to a parent’s account starting on Tuesday,...
Trump administration weighs new coal sales from public lands in Montana and Wyoming
DENVER — Federal officials Monday took a first step toward reopening vast areas of public lands in two Western states to new coal sales as part of President Donald Trump’s push to expand U.S. fossil fuel production. The Interior Department proposal comes after the Biden administration, citing climate change, tried...
Underwater turbine spinning for 6 years off Scotland’s coast is a breakthrough for tidal energy
Submerged in about 44 yards of water off Scotland’s coast, a turbine has been spinning for more than six years to harness the power of ocean tides for electricity — a durability mark that demonstrates the technology’s commercial viability. Keeping a large, or grid-scale, turbine in place in the harsh...
Wall Street split as Tesla, tech drop while most other stocks climb
NEW YORK — A mixed day of trading left the U.S. stock market split Tuesday as Wall Street’s momentum slowed after setting record highs in each of the last two days. The S&P 500 dipped 0.1% for its first loss in four days. The Dow Jones Industrial Average rose 400...
Judge allows antitrust lawsuit against Apple to proceed
A federal judge on Monday rebuffed Apple’s request to throw out a U.S. government lawsuit alleging the technology trendsetter has built a maze of illegal barriers to protect the iPhone from competition and fatten its profit margins. The 33-page opinion from U.S. District Judge Xavier Neals in New Jersey will...
Boeing names new chief financial officer
In another change to its executive ranks, Boeing has hired a new chief financial officer to lead strategy, business planning and global real estate, the company said Monday. Jesus “Jay” Malave, the former chief financial officer at defense contractor Lockheed Martin, will replace Brian West, the CFO appointed by Boeing’s...
U.S. stocks push further into record heights
NEW YORK — The U.S. stock market added to its record on Monday as Wall Street closed out a second straight winning month. The S&P 500 rose 0.5% in its first trading after completing a stunning recovery from its springtime sell-off of roughly 20%. The Dow Jones Industrial Average added...
Truckers fear job loss as new English language rules take effect
LINDEN, New Jersey — At a trucking school in New Jersey, students are maneuvering 18-wheelers around traffic cones. Other future drivers look under hoods to perform safety checks, narrating as they examine steering hoses for cracks and leaks. An instructor glides between speaking Spanish and English as he teaches Manuel...
Oil prices drop sharply, and Wall Street nears its record as stocks rally worldwide
NEW YORK — Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high Tuesday on hopes that Israel’s war with Iran will not damage the global flow of crude, even if a tentative truce seemed to fray under fire in the morning. The S&P 500...
Stocks slump, oil prices jump as Trump urges Iran’s unconditional surrender
NEW YORK — U.S. stocks slumped on Tuesday under the weight of another jump for the price of oil. It was a return to form for financial markets after Wall Street’s worries about Israel’s fighting with Iran had seemed to calm a bit on Monday. The S&P 500 fell 0.8%...
Leonard Lauder, who globalized family cosmetic business, dies at 92
NEW YORK — Leonard Lauder, a renowned philanthropist who expanded the family cosmetics business into a worldwide empire, has died at 92. Estee Lauders Cos. announced the news in a release Sunday and said he died Saturday surrounded by family. Lauder, the eldest son of Estee and Joseph H. Lauder,...
