VOL. 48 | NO. 33 | Friday, August 16, 2024
RICHARD COURTNEY: REALTY CHECK
Add Hunter’s Trail in the western hills of Nashville to the list of neighborhoods with high-dollar sales.
REAL ESTATE
Top Davidson County commercial real estate sales for July 2024, as compiled by the Nashville Ledger.
The average rate on a 30-year mortgage edged higher this week, holding close to its lowest level in more than a year.
As Gen Z enters the housing market, young home shoppers say they face many barriers to homeownership, and 60% of zoomers worry they might never be able to afford a house.
TENNESSEE TITANS
Coaches want fewer long balls, incompletions
The home run is all the rage these days in Major League Baseball. So much so that stars from the 1980s and ’90s like Tony Gwynn and Wade Boggs probably wouldn’t even get much of a look in this day and age. They would lose out to an exit velo/launch angle prospect who could hit 35 homers while batting .205 with 170 strikeouts in the process.
The Tennessee Titans’ offensive line might be starting to take shape, thanks to the rare potential of addition by subtraction.
UT SPORTS
Sophomore linebacker Arion Carter understood the opportunity in front of him.
NEWSMAKERS
Bradley Arant Boult Cummings LLP has selected Scarlett Singleton Nokes as leader of the firm’s government enforcement and investigations practice group and John P. Rodgers as leader of the firm’s labor & employment practice group. Both are partners in the firm’s Nashville office.
BRIEFS
The Tennessee Department of Environment and Conservation has announced the creation of the Office of Outdoor Recreation to further the state’s conservation efforts and to help residents and visitors have more access to Tennessee’s great outdoors.
BEHIND THE WHEEL
The Ford F-150 has consistently been a top-rated truck at Edmunds. Thanks to the many available engines and configurations, the F-150 can be anything from a basic work truck to a leather-lined luxury machine that’s capable of trailering sizable campers and boats.
BUSINESS BOOK REVIEW
There are about to be several lasts in your household. The last first day of school. The last homecoming, the last Christmas program or sports event you’ll have to attend, the last spring break, the final prom and the last day of school. They’ll all be bittersweet, but you’ll manage. As in these new books about college, you’ve got big decisions to make first.
COURTS
WASHINGTON (AP) — An attorney who represented the far-right Oath Keepers pleaded guilty on Wednesday to charges stemming from a mob's Jan. 6, 2021, attack on the U.S. Capitol, including members of the extremist group.
A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor.
ELECTION 2024
PHOENIX (AP) — Independent presidential candidate Robert F. Kennedy Jr. will speak Friday "about the present historical moment and his path forward," his campaign announced Wednesday, fueling growing speculation that Kennedy could drop out and support Republican nominee Donald Trump.
HARRISBURG, Pa. (AP) — Pennsylvania Democrats have won legal challenges keeping the left-wing Party for Socialism and Liberation off the battleground state's presidential ballot, at least for now, while a lawyer with deep Republican Party ties is working to help independent candidate Cornel West get on it.
CHICAGO (AP) — Vice presidential nominee Tim Walz and former President Bill Clinton are headlining the Democratic National Convention on Wednesday, the third day of the party's choreographed rollout of a new candidate, Kamala Harris, and her pitch to voters.
ASHEBORO, N.C. (AP) — Holding his first outdoor rally since surviving last month's attempted assassination, Donald Trump on Wednesday railed against Vice President Kamala Harris' approach to national security in North Carolina as part of his weeklong trip across the country to draw attention away from Democrats and their national convention.
CHICAGO (AP) — The Democratic National Convention heads into its third day on Wednesday.
WASHINGTON (AP) — Tim Walz and JD Vance have vaulted themselves out of national obscurity as they hustle to introduce themselves to the country, but the senator from Ohio has had a rockier start than the Minnesota governor.
CHICAGO (AP) — Warning of a difficult fight ahead, former President Barack Obama and Michelle Obama on Tuesday called on the nation to embrace Kamala Harris in urgent messages to the Democratic National Convention that were at times both hopeful and ominous.
CHICAGO (AP) — The Democratic National Convention's second night showcased a double dose of Obama firepower to validate Vice President Kamala Harris and deliver an unsparing indictment of Republican Donald Trump. The convention also served up a raucous roll call of states that was essentially one big dance party.
MINNEAPOLIS (AP) — Kamala Harris' running mate, Minnesota Gov. Tim Walz, will face a national audience that's still getting to know him when he headlines the Democratic National Convention in Chicago on Wednesday night.
AUTO INDUSTRY
DETROIT (AP) — Facing competition from automakers with lower costs, Ford Motor Co. is shifting its electric vehicle strategy and now will focus on making two new electric pickup trucks and a new commercial van. The company says all will cost less, have longer range and be profitable before taxes within a year of reaching showrooms.
TRAVEL
FORT WORTH, Texas (AP) — American Airlines is suspending flights to Israel through late March, extending a break in service that started in the early days of the war in Gaza.
ECONOMY
WASHINGTON (AP) — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.
WASHINGTON (AP) — The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday. The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the Federal Reserve's plan to start cutting interest rates soon.
TOKYO (AP) — Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government data released Wednesday.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — U.S. stocks ticked higher Wednesday after more big companies delivered profit reports that topped analysts' expectations.
NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week.
NEW YORK (AP) — Macy's swung back to a profit in its second quarter but suffered yet another sales decline as inflationary weary shoppers rein in spending, with their focus increasingly on buying the essentials.
NEW YORK (AP) — Grocery aisle deals and an emphasis on affordable but stylish clothes helped Target reverse a year-long sales slump, while Macy's on Wednesday reported another quarterly decline and said sales for the fiscal year will be weaker than expected due to a "more discriminating consumer" outlook.
BEIJING (AP) — European milk and cheese producers have become the latest target in a simmering trade war with China.
TUESDAY, AUGUST 20
VANDERBILT SPORTS
Clark Lea realized he had to make some serious changes to give his Vanderbilt Commodores a chance to compete in a bigger and even tougher Southeastern Conference.
UT SPORTS
It's time for coach Josh Heupel and No. 15 Tennessee to prove they can keep up.
STATEWIDE
NASHVILLE (AP) — The U.S. Department of Justice has launched an investigation into Tennessee's largest prison where officials say violence and sexual abuse have gone unaddressed for years, federal prosecutors announced on Tuesday about the privately operated facility.
COURTS
WASHINGTON (AP) — A federal judge on Monday denied Hunter Biden's latest bid to dismiss the tax charges against him, setting the stage for his trial to begin next month in California.
ELECTION 2024
CHICAGO (AP) — Former President Barack Obama, Michelle Obama and second gentleman Doug Emhoff will speak Tuesday on the second day of the Democratic National Convention, turning the party's attention toward Vice President Kamala Harris and her faceoff against Republican Donald Trump.
CHICAGO (AP) — The Democratic National Convention heads into its second day on Tuesday.
WASHINGTON (AP) — Former President Donald Trump has been active on his social accounts as Democrats gather for their convention in Chicago, but some of his posts don't have much to do with reality.
CHICAGO (AP) — President Joe Biden delivered his valedictory address to the Democratic National Convention on Monday night, saying, "I gave my best to you" and basking in a long ovation that reflected the energy released by his decision to cede the stage to Vice President Kamala Harris.
CHICAGO (AP) — The Democratic National Convention 's first night showcased speeches from the last Democrat to lose to Donald Trump and the last one to beat him.
CHICAGO (AP) — Jill Biden once said that she knew marrying Joe Biden — then a senator from Delaware — would mean "a life in the spotlight that I had never wanted."
ATLANTA (AP) — Challengers seeking to throw Robert F. Kennedy Jr. off Georgia's November ballot told a judge on Monday that the independent presidential candidate must be disqualified because the New York address he used on Georgia ballot access petitions is a "sham."
HARRISBURG, Pa. (AP) — Robert F. Kennedy Jr. showed up too late to testify Tuesday in a court case in Pennsylvania where Democratic activists are trying to bar him from the ballot for president in the premier battleground state, prompting testy exchanges between the judge and Kennedy's lawyer.
WASHINGTON (AP) — U.S. intelligence officials said Monday they were confident that Iran was responsible for the hack of Donald Trump's presidential campaign, casting the cyber intrusion as part of a brazen and broader effort by Tehran to interfere in American politics and potentially shape the outcome of the election.
AUTO INDUSTRY
DETROIT (AP) — A high-profile spat between the United Auto Workers and Stellantis over reopening an Illinois factory complex has made its way into the race for U.S. president and could elicit a strike against the automaker.
ENVIRONMENT
Experts meet in Bangkok this week to advance what would be the first international treaty to tackle the surging problem of plastic pollution. Final treaty negotiations take place in South Korea in November.
TECHNOLOGY
A group of authors is suing artificial intelligence startup Anthropic, alleging it committed "large-scale theft" in training its popular chatbot Claude on pirated copies of copyrighted books.
ECONOMY
WASHINGTON (AP) — Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market that's starting to draw their concern.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — U.S. stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year.
NEW YORK (AP) — Small business owners overall are feeling positive about their business and achieving the goals they set for this year despite inflation and high labor costs, according to two new surveys.
PORTICELLO, Sicily (AP) — Police divers resumed searching Tuesday for six people believed trapped in the hull of a superyacht that sank in deep seas off Sicily, including a British tech magnate who was celebrating his recent acquittal on fraud charges with the people who had defended him at trial.
NEW YORK (AP) — Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim's family had signed up for its streaming service Disney+.
CAPE TOWN, South Africa (AP) — Qatar Airways has acquired a 25% stake in the private African carrier Airlink, the airlines said Tuesday.
Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1 billion deal that the carriers say will create a company better able to serve travelers.
MONDAY, AUGUST 19
MUSIC INDUSTRY
NEW YORK (AP) — It's late July. Lainey Wilson is somewhere in Iowa, holding a real road dog — her French bulldog named Hippie — close to her chest. She's on her tour bus, zipping across the Midwest, just another day in her jet set lifestyle. Next month, she'll release her fifth studio album, the aptly named "Whirlwind," a full decade after her debut record. Today, like every day, she's just trying to enjoy the ride.
COURTS
CENTRAL ISLIP, N.Y. (AP) — Former U.S. Rep. George Santos pleaded guilty Monday to committing wire fraud and aggravated identity theft in connection with the federal fraud case that led to his expulsion from Congress.
ELECTION 2024
WASHINGTON (AP) — Vice President Kamala Harris has replaced President Joe Biden atop the presidential ticket, but his "finish the job" campaign mantra can still largely apply to her top policy goals. She's promising to continue a lot of what Biden was doing during the past four years if she's elected to four of her own.
CHICAGO (AP) — The Democratic National Convention kicks off Monday in Chicago, just four weeks after President Joe Biden shuttered his campaign and made way for Vice President Kamala Harris to ascend to the top of Democrats' ticket.
WASHINGTON (AP) — Vice President Kamala Harris ' campaign says it is reserving $370 million in advertising to run between Labor Day and Election Day.
WASHINGTON (AP) — Vice President Kamala Harris is entering the Democratic National Convention with increased excitement from Democrats and a steady rise in her favorability ratings among Americans as a whole.
CHICAGO (AP) — Sixteen years ago, a triumphant Joe Biden addressed an adoring crowd at the Democratic National Convention in Denver, his smile radiating confidence about the country's future and his own journey.
WASHINGTON (AP) — Once more, with feeling! It's been nearly two weeks since Vice President Kamala Harris officially won the Democratic presidential nomination in an online vote, the first time a nominee was named prior to a party's convention. But the roughly 4,700 delegates charged with picking a nominee to lead the ticket did so from locations around the globe on their laptops and devices in relative isolation from one other. There was none of the pomp and fanfare that usually accompany the selection of the party's standard-bearer. In other words, it wasn't very fun.
CHICAGO (AP) — Protesters rallied outside the Democratic National Convention on its opening day Monday, saying they were determined to voice their opposition to the war in Gaza and other issues. Chicago officials said they were committed to keeping the demonstrations peaceful.
DETROIT (AP) — Members of the Teamsters will host Vice President Kamala Harris for a roundtable discussion in the near future, but union President Sean O'Brien has yet to get an invitation to speak at next week's Democratic National Convention.
CHICAGO (AP) — A refreshed Democratic Party is taking a look back while it moves forward as its convention opens Monday night, with President Joe Biden preparing a valedictory speech and delegates reveling in the newfound energy that followed Vice President Kamala Harris ' rise to the top of the ticket.
WASHINGTON (AP) — A group of lawyers with deep ties to the Republican Party scrambled over the weekend to rescue an effort to get independent presidential candidate Cornel West on the Arizona ballot, offering one of the clearest examples yet of the GOP's extensive involvement in furthering the left-wing academic's long-shot bid.
WASHINGTON (AP) — Former President Donald Trump on Saturday again decried two gold medalist Olympic athletes, falsely labeling the female boxers as men.
AGRICULTURE
NEW YORK (AP) — Check your freezer. Perdue Foods is recalling more than 167,000 pounds of frozen chicken nuggets and tenders after some customers reported finding metal wire embedded in the products.
MEDIA
Phil Donahue, whose pioneering daytime talk show launched an indelible television genre that brought success to Oprah Winfrey, Montel Williams, Ellen DeGeneres and many others, has died. He was 88.
MEXICO CITY (AP) — Social media platform X said Saturday it will close its operations in Brazil, claiming Brazilian Supreme Court Justice Alexandre de Moraes threatened to arrest its legal representative in Brazil if they did not comply with orders.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks closed higher, tacking on some more gains following Wall Street's best week of the year.
The owner of 7-Eleven convenience stores and other retail chains has received a buyout offer from Canada's Alimentation Couche-Tard.
Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral.
DETROIT (AP) — Canada's two largest railroads are starting to shut down their shipping networks as a labor dispute with the Teamsters union threatens to cause lockouts or strikes that would disrupt cross-border trade with the U.S.
NATIONAL/INTERNATIONAL POLITICS
TEL AVIV, Israel (AP) — U.S. Secretary of State Antony Blinken said Monday that Israel has accepted a proposal to bridge differences holding up a cease-fire and hostage release in Gaza, and he called on Hamas to do the same, without saying whether concerns cited by the militant group had been addressed.
WASHINGTON (AP) — House Republicans have released their initial impeachment inquiry report on President Joe Biden, alleging an abuse of power and obstruction of justice in the financial dealings of his son Hunter Biden and family associates.
FRIDAY, AUGUST 16
WEST TENNESSEE
WASHINGTON (AP) — A Missouri woman has been arrested on charges she orchestrated a brazen scheme to defraud Elvis Presley's family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale, the Justice Department said Friday.
EAST TENNESSEE
A mother whose son was having a seizure in his Tennessee apartment said in a federal lawsuit that police and paramedics subjected the 23-year-old to "inhumane acts of violence" instead of treating him, then covered up their use of deadly force.
TENNESSEE TITANS
NASHVILLE (AP) — Former Seattle defensive backs Quandre Diggs and Jamal Adams did a lot of talking Thursday.
MUSIC INDUSTRY
NEW YORK (AP) — Pop powerhouses, American classics, British artists and the estates of deceased legends — many musicians have objected to Donald Trump using their songs at campaign events.
COURTS
LOS ANGELES (AP) — Nearly 10 months after the death of Matthew Perry, the long-simmering investigation into the ketamine that killed him came dramatically into public view with the announcement that five people had been charged with having roles in the overdose of the beloved "Friends" star.
WASHINGTON (AP) — As the first images out of Ferguson, Missouri surfaced 10 years ago — the bloodied body of a man left for hours in the street beneath white sheets, protesters smashing car windows and looting stores — it didn't take long for the federal government to see a role for itself.
A wrongful death lawsuit against Walt Disney Parks and Resorts is serving as a reminder to consumers of the importance of reading the fine print when signing up for a streaming service or smartphone app.
WELLINGTON, New Zealand (AP) — Kim Dotcom, founder of the once wildly popular file-sharing website Megaupload, lost a 12-year fight this week to halt his deportation from New Zealand to the U.S. on charges of copyright infringement, money laundering and racketeering.
ELECTION 2024
RALEIGH, N.C. (AP) — Vice President Kamala Harris is promoting a broad set of economic proposals that would offer new tax breaks and lower the cost of living for Americans, aiming to address the financial concerns that are at the top of the mind for voters and that Republican Donald Trump is trying to lay at her doorstep.
WASHINGTON (AP) — Vice President Kamala Harris is out with a string of new economic proposals focused on food prices, taxes, housing and medical costs that she says will empower the middle class.
Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses and real estate properties that have made him a billionaire, according to newly released financial disclosures.
LANSING, Mich. (AP) — A Donald Trump ally who faces felony charges of trying to illegally access and tamper with voting machines is seeking the Republican nomination for the highest court in Michigan, an epicenter of efforts to overturn the 2020 election.
WASHINGTON (AP) — As California's attorney general, Kamala Harris successfully defended the death penalty in court, despite her past crusade against it.
Former President Donald Trump on Thursday gave his second news conference in as many weeks as he adjusts to a newly energized Democratic ticket ahead of next week's Democratic National Convention.
BEDMINSTER, N.J. (AP) — Former President Donald Trump said Thursday he thinks he's "entitled to personal attacks" on his Democratic rival, adding he's "very angry" at Vice President Kamala Harris and questioning her intelligence.
MIAMI (AP) — Five summers ago, Donald Trump's running mate JD Vance — then a 34-year-old memoirist and father of a 2-year-old boy — took the stage at a conservative conference and tackled an issue that would become a core part of his political brand: the United States' declining fertility rate.
WASHINGTON (AP) — The "Squad," a group of progressive lawmakers in the House, is set to shrink next year after two members suffered primary defeats this election cycle following an unprecedented deluge of special interest spending.
IMMIGRATION
WASHINGTON (AP) — Arrests for illegally crossing the border from Mexico plummeted 33% in July to the lowest level since September 2020, a result of asylum being temporarily suspended, authorities said Friday.
HEALTH CARE
COVID-19 hasn't gone away, and data from the Centers for Disease Control and Prevention suggests it's on the upswing around the country.
REAL ESTATE
LOS ANGELES (AP) — Thinking of buying a home with the help of a real estate agent? You can no longer take it for granted that a seller will cover the cost of your agent's commission.
AUTO INDUSTRY
BEIJING (AP) — BMW was recalling more than 1.3 million vehicles in China that might have Takata airbag inflators following a similar recall in the United States last month, officials said Friday.
MEDIA
The launch of Venu Sports will be delayed after a federal judge granted FuboTV's motion for a preliminary injunction against the planned sports streaming venture by ESPN, Fox and Warner Bros. Discovery.
TikTok on Thursday pushed back against U.S. government arguments that the popular social media platform is not shielded by the First Amendment, comparing its platform to prominent American media organizations owned by foreign entities.
ECONOMY
WASHINGTON (AP) — A surge in optimism by Democrats over the prospects of Vice President Kamala Harris lifted U.S. consumer sentiment slightly this month.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Wall Street coasted to the close of its best week since November, as U.S. stocks drifted a bit higher Friday.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — President Joe Biden on Friday designated a national monument at the site of the 1908 race riot in Springfield, Ill., a seminal moment in the United States' long and difficult history with racial violence targeting Black people.
WASHINGTON (AP) — The Biden administration is hiking pay for educators in the early childhood program Head Start as part of an effort to retain current employees and attract new ones in the midst of a workforce shortage.
THURSDAY, AUGUST 15
TENNESSEE TITANS
NASHVILLE (AP) — Will Levis turned into a fragrance salesman Wednesday after Tennessee's first joint practice with the Seattle Seahawks, spritzing reporters' wrists with the new scent developed with his new endorsement deal with a mayonnaise company.
COURTS
NEW YORK (AP) — Donald Trump is asking the judge in his New York hush money criminal case to delay his sentencing until after the November presidential election.
SAN FRANCISCO (AP) — A federal judge on Wednesday indicated he will order major changes in Google's Android app store to punish the company for engineering a system that a jury declared an illegal monopoly that has hurt millions of consumers and app developers.
NEW YORK (AP) — The federal government wants to make it easier for employees to quit a job and work for a competitor. But some companies say a new rule created by the Federal Trade Commission will make it hard to protect trade secrets and investments they make in their employees.
ELECTION 2024
WASHINGTON (AP) — Vice President Kamala Harris is zeroing in on high food prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federal ban on price gouging on groceries as she looks to address one of voters' top concerns.
BEDMINSTER, N.J. (AP) — Former President Donald Trump invited reporters to his New Jersey golf club Thursday for his second news conference in as many weeks as he adjusts to a newly energized Democratic ticket ahead of next week's Democratic National Convention.
COLUMBIA, S.C. (AP) — Minnesota Gov. Tim Walz and Ohio Sen. JD Vance have agreed to debate each other on Oct. 1, setting up a matchup of potential vice presidents as early voting in some states gets underway for the general election.
WASHINGTON (AP) — As the Democratic National Convention approaches, a poll from The Associated Press-NORC Center for Public Affairs Research finds that Democrats have slightly higher trust in Vice President Kamala Harris' ability to address the issue of climate change than President Joe Biden.
ASHEVILLE, N.C. (AP) — Donald Trump made little effort to stay on message Wednesday at a rally in North Carolina that his campaign billed as a big economic address, mixing pledges to slash energy prices and "unleash economic abundance" with familiar off-script tangents on Democratic nominee Kamala Harris' laugh, the mechanics of wind energy and President Joe Biden's son.
ASHBURN, Va. (AP) — Police in northern Virginia said Wednesday they were looking for a homeless man they suspect broke into an office of Donald Trump's presidential campaign.
WASHINGTON (AP) — With less than three months before the U.S. election, Iran is intensifying its efforts to meddle in American politics, U.S. officials and private cybersecurity firms say, with the suspected hack of Donald Trump's campaign being only the latest and most brazen example.
HEALTH CARE
WASHINGTON (AP) — Taxpayers are expected to save billions after the Biden administration inked deals with pharmaceutical companies to knock down the lists prices for 10 of Medicare's costliest drugs.
The Biden administration says Medicare recipients will save about $1.5 billion on out-of-pocket costs for medications to treat diabetes, heart disease, types of arthritis and other ailments under new prices negotiated with drug companies that will take effect in 2026.
ENVIRONMENT
LOS ANGELES (AP) — As wildfires scorched swaths of land in the wine country of Sonoma County in 2020, sending ash flying and choking the air with smoke, Maria Salinas harvested grapes.
MEDIA
SAN FRANCISCO (AP) — Facebook and Instagram parent Meta Platforms has shut down CrowdTangle, a tool widely used by researchers, watchdog organizations and journalists to monitor social media posts, notably to track how misinformation spreads on the company's platforms.
WASHINGTON (AP) — Social media influencers got the royal treatment at the White House on Wednesday as President Joe Biden gave a nod to their ability to hold sway with millions of loyal followers.
ECONOMY
WASHINGTON (AP) — Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates.
LONDON (AP) — Britain's economy continued its recovery from recession at the end of last year, with its GDP increasing by 0.6% between April and June, official figures showed Thursday.
TOKYO (AP) — Japan's economy grew at an annual rate of 3.1% in the April-June period, rebounding from the contraction in the previous quarter, government data showed Thursday.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected.
Incoming Starbucks CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.
NEW YORK (AP) — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything else.
BEIJING (AP) — China's Commerce Ministry announced Thursday that it will restrict exports of a mineral used in a wide range of products from batteries to weapons.
OMAHA, Neb. (AP) — Warren Buffett offered more details Wednesday about the stocks he has been selling lately, including confirming that he sold more than 389 million Apple shares during the second quarter.
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity.