WALL STREET (AP) — Wall Street’s mania over GameStop is on again, at least for one afternoon. Shares in the troubled video game company more than doubled Wednesday to $91.71 apiece, the stock’s best day since Jan. 27, when it was going for $347.51 a share. A rally in GameStop has been rare since it […]

CALIFORNIA (AP) — Facebook, following in Google’s footsteps, says it plans to invest $1 billion to “support the news industry” over the next three years. The social networking giant, which has been tussling with Australia over a law that would make social platforms pay news organizations, said it has invested $600 million since 2018 in […]

MINNEAPOLIS (AP) — Dominion Voting Systems filed a $1.3 billion defamation lawsuit Monday against the founder and CEO of Minnesota-based MyPillow, saying that Mike Lindell falsely accused the company of rigging the 2020 presidential election. The lawsuit filed in federal court in the District of Columbia alleges that Lindell ignored repeated warnings from Dominion, a […]

WASHINGTON (AP) — President Joe Biden is targeting federal pandemic assistance to the nation’s smallest businesses and taking steps to further equity in what is known as the Paycheck Protection Program. The administration is establishing a two-week window, starting on Wednesday, in which only businesses with fewer than 20 employees — the overwhelming majority of […]

NEW YORK (AP) – The recent GameStop frenzy provided what parents and educators call a teachable moment — an opportunity that presents itself to lend a little insight. So what is the best way for parents to teach kids about investing, particularly when the market behaves oddly? The Associated Press talked to a few parents […]

WASHINGTON (AP) – The social media movement that made a beloved icon of GameStop enthusiast Keith Gill continued to rally behind the YouTube personality known as Roaring Kitty as he testified to Congress on Thursday about his role in last month’s stock market frenzy. “Today, the world shall know his name,” cheered one online fan […]

NEW YORK (AP) — Walmart swung to a loss in the fourth quarter as the sale of its Japan and United Kingdom divisions weighed on its performance. Sales surged by 7.4% in the period that includes the critical holiday shopping season and sales at stores opened at least a year rose 8.6%, up from 6.4% […]

WASHINGTON (AP) — The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections. Applications from laid-off workers rose 13,000 from the previous week, which was revised sharply higher, the Labor Department said Thursday. Before the […]

WASHINGTON (AP) — The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington. GameStop shares soared 1,600% in January before falling back to earth. Entangled in the mess are massive short-selling hedge funds, a social media message board and […]

ATLANTIC CITY, N.J. (AP) — A spot on the Atlantic City Boardwalk where movie stars, athletes and rock stars used to party — and a future president honed his instincts for bravado and hype — was reduced to a smoking pile of rubble on Wednesday. The former Trump Plaza casino was imploded after falling into […]