Here are the AP's top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP's coverage, visit AP Newsroom's Coverage Plan.
Wall Street drifts as it hits a lull following its big rally
SUMMARY: U.S. stocks are drifting as Wall Street takes a pause from what seemed like a relentless rally. The S&P 500 edged up by 0.1% on Wednesday, coming off its first loss in four days. The Dow Jones Industrial Average added 152 points, and the Nasdaq composite rose 0.1%. All three are near their all-time highs, which were set on Monday. The modest moves come as the market is stuck in a relative lull with few reports on the economy or on corporate profits to drive trading. Stock indexes were mixed in Europe and Asia, while Treasury yields held relatively steady in the bond market.
WORDS: 401 - MOVED: 09/23/2025 11:36 p.m. EDT
https://newsroom.ap.org/detail/WallStreetdriftsasithitsalullfollowingitsbigrally/364ed00a26d163bd75c056fb6b6d7b0a/text___
What to know about Jimmy Kimmel's return to his late-night TV show
SUMMARY: Jimmy Kimmel returned to his late-night show on Tuesday, just under a week after ABC pulled the host off the air indefinitely in the wake of criticism over his comments related the killing of conservative activist Charlie Kirk earlier this month. Kimmel did not apologize for those remarks, but he was emotional during his opening monologue, nearly breaking down at least twice when he told his audience that he never intended to make light of the murder. Kimmel added that he also didn't intend to "blame any specific group" for the actions of Kirk's alleged killer.
WORDS: 1069 - MOVED: 09/18/2025 4:30 p.m. EDT
https://newsroom.ap.org/detail/WhattoknowaboutJimmyKimmelsreturntohislatenightTVshow/ae43c600bd0f2a4c7d3c12077e91b211/text___
The driver assist features you'll want in your next used car
SUMMARY: Used car shopping doesn't mean having to skimp when it comes to modern safety features. Many used vehicles have at least one advanced driver assistance system. Common examples include automatic emergency braking, pedestrian detection, forward collision warning and lane departure warning. The automotive experts at Edmunds have compiled a list of driver aids that should be given serious consideration for anyone in the market for a used car, truck or SUV. This extra layer of security might provide invaluable protection at some point down the road.
WORDS: 832 - MOVED: 09/24/2025 6:42 a.m. EDT
https://newsroom.ap.org/detail/Thedriverassistfeaturesyoullwantinyournextusedcar/1ba1565b3c344a9f576e94e28438e202/text___
China gives up developing-country treatment in bid to boost WTO in face of Trump tariffs
SUMMARY: China has announced it will no longer seek special treatment as a developing country in World Trade Organization agreements. This move, revealed on Tuesday by Premier Li Qiang in a speech in New York, aligns with long-standing demands from the United States. Chinese officials say the decision aims to support the global trading system amid tariff wars and protectionism. The change applies only to ongoing and future negotiations, not existing agreements. The WTO director-general called it a key step in reforming the organization. China emphasizes it remains a developing country despite its economic status.
WORDS: 453 - MOVED: 09/24/2025 3:11 a.m. EDT
https://newsroom.ap.org/detail/ChinagivesupdevelopingcountrytreatmentinbidtoboostWTOinfaceofTrumptariffs/20c70ec00d9502189bba87f93521b09f/text___
Build-A-Bear continues to rack up market gains, despite tariffs and teetering mall traffic
SUMMARY: Tariffs and years of teetering mall traffic have roiled much of the toy industry. But Build-A-Bear investors are continuing to reap sizeable gains. Shares of the toy retailer, which specializes in plush animals that consumers can make in stores, are up more than 60% since the start of 2025. And the company's profits have soared to record after record in recent quarters. St. Louis-based Build-A-Bear is not immune to U.S. President Donald Trump's steep tariffs. But the company says it made efforts to reduce this exposure and anticipates strong consumer demand to boost profits for rest of the year.
WORDS: 652 - MOVED: 09/23/2025 3:08 p.m. EDT
https://newsroom.ap.org/detail/BuildABearcontinuestorackupmarketgainsdespitetariffsandteeteringmalltraffic/fb43ee7ffa62cb0c44da2e073100d922/text___
As Boeing's stock rises on a new foreign deal, US officials signal China may be next to order planes
SUMMARY: Boeing's stock was up Tuesday after announcing a major order from Uzbekistan. U.S. officials signaled a potential larger aircraft agreement with China could be next. The U.S. ambassador to China, David Perdue, said Tuesday he thought that the two countries are close to finalizing a deal. Perdue's comments follow Boeing's announcement of selling up to 22 Dreamliners to Uzbekistan Airways. This marks the airline's largest order. Boeing says the purchase will help expand international routes and support U.S. jobs. A potential deal with China would be a breakthrough, as Boeing sales have been on hold amid trade tensions.
WORDS: 554 - MOVED: 09/23/2025 5:34 p.m. EDT
https://newsroom.ap.org/detail/AsBoeingsstockrisesonanewforeigndealUSofficialssignalChinamaybenexttoorderplanes/35cbaa7a51ec81199200d57cdc18d4e5/text___
OpenAI and Oracle show off Stargate AI data center in Texas and plan five more elsewhere
SUMMARY: OpenAI CEO Sam Altman has announced that the Stargate AI data center in Texas will be joined by five more across the U.S. This expansion is part of a $500 billion infrastructure investment promoted by President Donald Trump. Stargate, a joint venture with Oracle and Softbank, is building additional centers in Texas, New Mexico, Ohio, and an undisclosed Midwest location. The Abilene, Texas project is set to be the largest, transforming the city. Concerns about environmental impact and local resources have been raised, but developers emphasize efforts to minimize effects. The project has significantly boosted the local economy.
WORDS: 1009 - MOVED: 09/23/2025 5:06 p.m. EDT
https://newsroom.ap.org/detail/OpenAIandOracleshowoffStargateAIdatacenterinTexasandplanfivemoreelsewhere/0b3f4fa6e8d8141b4c143e3e7f41aba1/text___
What to know about Nexstar and Sinclair, the ABC affiliate owners preempting Jimmy Kimmel
SUMMARY: Two ABC affiliate owners say they'll continue to preempt late night talk show host Jimmy Kimmel with their own local programming, even after ABC said they would reinstate his show nationally. Nexstar Media Group and Sinclair Broadcast Group's comments highlight the influence and sometimes-tenuous relationship local TV station owners have with national broadcasters such as Disney-owned ABC. Kimmel was briefly suspended over comments he made in the aftermath of conservative activist Charlie Kirk's assassination. The two companies collectively own about a quarter of ABC affiliates, including in some bigger cities like Washington, D.C.
WORDS: 1048 - MOVED: 09/18/2025 4:11 p.m. EDT
https://newsroom.ap.org/detail/WhattoknowaboutNexstarandSinclairtheABCaffiliateownerspreemptingJimmyKimmel/8eb9dca5dff2c717fd00a7083982c5c4/text___
US stocks slip as Wall Street's relentless rally takes a pause
SUMMARY: U.S. stock slipped as Wall Street took a pause from its relentless rally. The S&P 500 fell 0.6% Tuesday. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite sank 0.9%. It's the first pullback for the indexes after the trio set all-time highs in each of the last three days. Since surging from a bottom in April, the broad U.S. stock market has faced criticism that it's shot too high, too fast and become too expensive. Even the head of the Federal Reserve said on Tuesday that stock prices broadly look fairly highly valued. Nvidia was the heaviest weight on the market.
WORDS: 706 - MOVED: 09/22/2025 11:49 p.m. EDT
https://newsroom.ap.org/detail/USstocksslipasWallStreetsrelentlessrallytakesapause/9bb3164434497db0a8e43a7b0063e59d/text___
Powell signals Federal Reserve to move slowly on interest rate cuts
SUMMARY: Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach. In remarks in Providence, Rhode Island, Powell noted that there are risks to both of the Fed's goals of seeking maximum employment and stable prices. His approach is in sharp contrast to some members of the Fed's rate-setting committee who are pushing for faster cuts.
WORDS: 741 - MOVED: 09/23/2025 12:35 p.m. EDT
https://newsroom.ap.org/detail/PowellsignalsFederalReservetomoveslowlyoninterestratecuts/bccc5ad2114d0f9a19e0f6db4aeadf82/text___
Trump's unfounded claims heap new stress on household brand name Tylenol
SUMMARY: President Donald Trump blasted Tylenol on Monday, promoting unproven links between the pain reliever and autism and pushing the well-established treatment into a national image crisis. "Don't take Tylenol," Trump instructed pregnant women around a dozen times during a White House news conference. He also urged mothers not to give infants the drug, known generically as acetaminophen. The latest blow could invite more litigation and prompt customers to switch to alternatives. But the maker of Tylenol, Kenvue Inc., is refuting Trump's challenge, and analysts think loyalty to a product that has been on the market since the 1950s may limit damage.
WORDS: 543 - MOVED: 09/23/2025 7:49 a.m. EDT
https://newsroom.ap.org/detail/TrumpsunfoundedclaimsheapnewstressonhouseholdbrandnameTylenol/cb39987484732b01ed42ff7bb51bf2fe/text___
TikTok's algorithm to be licensed to US joint venture led by Oracle and Silver Lake
SUMMARY: Tech giant Oracle will spearhead a new joint venture being cobbled together to take over the U.S. oversight of the algorithm and security underlying TikTok's taste-making video platform under the terms of a deal laid out Monday by President Donald Trump's administration. All the final details still need to be nailed down among Oracle and other joint venture partners that will include investment firm Silver Lake Partners. Two billionaires, media mogul Rupert Murdoch and personal computer pioneer Michael Dell, also could be involved. The proposal is aimed at resolving a long-running effort to wrest TikTok's U.S. operations its Chinese parent ByteDance owners because of privacy and security concerns.
WORDS: 978 - MOVED: 09/22/2025 10:46 a.m. EDT
https://newsroom.ap.org/detail/TikToksalgorithmtobelicensedtoUSjointventureledbyOracleandSilverLake/d5d8a1d56b5185778536874d7fc1ee62/text___
CVS Health subsidiary Omnicare files for Ch. 11 bankruptcy protection
SUMMARY: CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy protection two months after the long-term care business was ordered to pay $949 million when a federal court found it liable for filing fraudulent claims for some prescription drugs. Omnicare, which CVS Health bought for more than $10 billion in cash in 2015, said in its bankruptcy petition that it had up to $10 billion in debt and up to $500 million in assets.
WORDS: 405 - MOVED: 09/23/2025 10:31 a.m. EDT
https://newsroom.ap.org/detail/CVSHealthsubsidiaryOmnicarefilesforChbankruptcyprotection/2b64f3bcc607ed85b09592515479a9a7/text___
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