Business News

AP Top Business News at 12:51 a.m. EDT

Asian stocks follow Wall Street lower after uneven US data
HONG KONG (AP) -- Most Asian stocks drifted lower in holiday-thinned trade after some uneven economic data sent investors into a holding pattern....

Survey: Growth at US services firms strengthened in April
WASHINGTON (AP) -- A private survey says growth accelerated in April at U.S. services companies, a potential positive for the economy after a sluggish start to 2016....

Tribune Publishing rejects Gannett's 'opportunistic' bid
Tribune Publishing Co. on Wednesday rejected Gannett's more than $388 million buyout offer, saying it's too little for the company that owns The Los Angeles Times, Chicago Tribune and other newspapers....

Tesla Motors brushes off 1Q net loss, accelerates plans
DETROIT (AP) -- Electric car maker Tesla Motors Inc. brushed off a big first-quarter loss and cheered investors with news that it plans to accelerate its production plans....

Air bag recall doubles in size, taxes overloaded industry
WASHINGTON (AP) -- Prodded by the U.S. government, Takata agreed Wednesday to add up to 40 million air bag inflators to an already massive recall, raising questions about the auto industry's ability to produce and distribute the necessary replacement parts....

Things to Know: Takata air bag recall
DETROIT (AP) -- U.S. safety regulators are expanding a recall of Takata air bags, already the largest recall in U.S. history....

California raises legal age to buy tobacco from 18 to 21
SACRAMENTO, Calif. (AP) -- California Gov. Jerry Brown on Wednesday approved raising the legal age to buy tobacco for smoking, dipping, chewing and vaping from 18 to 21....

Panel: Painkiller training should be required for physicians
WASHINGTON (AP) -- Doctors who prescribe painkillers should be required to undergo training aimed at reducing misuse and abuse of the medications, according to federal health experts, though they acknowledge the challenge of putting such a mandate in place....

Hulu to sell Internet TV package with live programming
NEW YORK (AP) -- Hulu is expanding its Internet TV programming with a subscription service offering a mix of live cable and broadcast options that will include news and sports....

4 reasons why Aeropostale lost its cool with shoppers
NEW YORK (AP) -- Aeropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape....

Business Video
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Consumer watchdog proposes ban on some arbitration clauses

Tesla Motors brushes off 1Q net loss, accelerates plans

Business Highlights

Whole Foods sales pinched as it preps for new '365' chain

Tesla Motors 1Q net loss widens on Model X woes

4 reasons why Aeropostale lost its cool with shoppers

Things to Know: Takata air bag recall

Priceline and Glu Mobile slump, ICE and Zillow jump

How the Dow Jones industrial average fared on Wednesday

Markets Right Now: Stocks end lower on Wall Street

  • 490 First Avenue South
  • St. Petersburg, FL 33701
  • 727-893-8111