Blackstone acquires pet care app Rover in $2.3 billion all-cash deal
Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday.Shares of...
US economic growth for last quarter is revised up to a 5.2% annual rate
WASHINGTON (AP) — Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from...
Sri Lanka says it struck a deal with creditors on debt restructuring to clear...
COLOMBO, Sri Lanka (AP) — Sri Lanka said Wednesday that it has reached an agreement in principle with a group of creditors including India...
GM says strike cost $1.1B, but it can absorb rising labor costs as it...
DETROIT (AP) — General Motors says pretax earnings took a $1.1 billion hit this year due to production lost during a six-week strike by...
Biden targets GOP Rep. Boebert in her district in a fresh political attack on...
DENVER (AP) — President Joe Biden will try to turn Rep. Lauren Boebert of Colorado into the embodiment of Republican opposition to his agenda...
The world economy will slow next year because of inflation, high rates and war,...
WASHINGTON (AP) — The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars,...
Sweden’s economy shrinks in the third quarter to signal that a recession may have...
STOCKHOLM (AP) — Sweden's economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession...
Toyota selling part of Denso stake to raise cash to develop electric vehicles
TOKYO (AP) — Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles...
Stock market today: Global shares trade mixed and oil prices advance ahead of OPEC...
TOKYO (AP) — European shares were mostly higher on Wednesday after a mixed session in Asia, where selling of property and technology shares pulled...
Michigan to join state-level effort to regulate AI political ads as federal legislation pends
LANSING, Mich. (AP) — Michigan is joining an effort to curb deceptive uses of artificial intelligence and manipulated media through state-level policies as Congress...