Michelle Chapman, AP Business Writer

Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally

Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U.S. has received President Joe Biden’s official signoff

Well-heeled home shoppers are increasingly paying cash, helping turbo-charge price gains for the most expensive U.S. homes

TikTok is halting a feature on its new app rewarding users in Europe for watching videos, after facing pressure from regulators worried about its addictive features

British competition regulators say they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry

Norfolk Southern's first-quarter earnings report Wednesday gave the railroad the opportunity to publicly defend CEO Alan Shaw's strategy again before investors decide on May 9 whether to back him

Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation

Asian shares are mostly lower as investors look ahead to a flood of global earnings reports, including from U_S_ companies known as the “Magnificent Seven.”

The Senate has passed legislation that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of content creators who rely on the short-form video app for income

The Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S. The move marks the largest expansion in federal overtime eligibility in decades

Cyberattacks on businesses are rising, including small businesses

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages

The U.S. Supreme Court has appeared to side with Starbucks in a case that could make it harder for the federal government to seek injunctions when it suspects a company of interfering in unionization campaigns

A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China

The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd

The European Union is demanding TikTok provide more information about a new app that pays users to watch videos and warned that it could order the video sharing platform to suspend addictive features that pose a risk to kids

Supermarket chains Kroger and Albertsons say they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger

Japan’s antitrust watchdog says U.S. search giant Google must fix its advertising search restrictions affecting Yahoo

The United Auto Workers union is celebrating a huge win at a Volkswagen plant in Tennessee, where workers will now be represented by the union

The Environmental Protection Agency is allowing the sale of gasoline containing a higher blend of ethanol for the third summer in a row

Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards

Olympic organizers have unveiled their plans to use artificial intelligence in sports, joining the global rush to capitalize on the rapidly advancing technology

A group of Japanese doctors has filed a civil lawsuit against U.S. search giant Google, demanding damages for what they say are results showing unpoliced derogatory and often false comments

The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street across the finish line of another losing week