NEW YORK (AP) — Donald Trump’s luxury hotel near the White House, which drew diplomats, lobbyists and plenty of controversy while he was president, received government approval Friday to hand the keys to a Miami investment fund, a last hurdle to a sale that many industry experts doubted would ever go through. The federal government […]

NEW YORK (AP) — Edward “Ned” Johnson III, a businessman who grew Fidelity Investments into the financial giant it is today, has died. He was 91. Johnson’s family confirmed Thursday that he died on Wednesday but did not give a cause of death. Born in Boston at the start of the Great Depression, Johnson joined […]

DALLAS (AP) — Southwest Airlines will add a fourth fare category as part of changes designed to attract more business travelers and boost revenue. The new fare level will be priced higher than Southwest’s cheapest tickets but below the airline’s top two fare categories. Southwest executives think this will fill the large price gap between […]

Intel is closing a deal to buy the Israeli startup Granulate for some $650 million. According to a report in Haaretz on Wednesday, a source familiar with the deal said it’s not yet final, but as much as $100 million is being set aside for severance packages and to retain 70 workers. Founded in 2018 […]

Uber, which was hit by driver shortages during the pandemic, will list New York City taxi cabs on its app, a partnership that until recently would have been unthinkable with both camps fighting ferociously for the same customers. The partnership will boost the number of rides available after a period in which wait times for […]

PORTLAND, Maine (AP) — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money. At least a dozen states have proposed giving rebate checks of several […]

WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and ongoing virus pandemic. Jobless claims fell by 28,000 to 187,000 for the week ending March 19, the lowest […]

Billionaire philanthropist MacKenzie Scott revealed that she has donated nearly $4 billion to 465 nonprofits according to a blog post Wednesday, confirming the gifts that the groups have been announcing on their own for months. The announcement brings Scott’s publicly disclosed donations to more than $12 billion since 2019, including Tuesday’s announcement of a $436 […]

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will require new rules to protect consumers. Powell, speaking Wednesday on a panel organized by the Bank for International Settlements, a global organization of central bankers, also said […]

Apple co-founder Steve Wozniak has remained immersed in technology while also pursuing divergent interests since his 1985 departure from the revolutionary company he started with the late Steve Jobs. Wozniak’s side projects have included competing on “Dancing With The Stars” in 2009 and a guest appearance on “Big Bang Theory” during its fourth season. Now […]