Alibaba quarterly profit drops 75% as AI investment spending grows
HONG KONG (AP) — China’s technology giant Alibaba on Thursday reported a 75% drop in profit for the…
Starbucks reports strong quarterly sales and raises annual outlook
Starbucks shares soared Wednesday after the coffee giant reported better-than-expected quarterly revenue and profit and raised its financial…
States look to drop prescription costs by reining in middlemen
TOPEKA, Kan. (AP) — As consumers worry about medication costs, states are trying to lower drug prices by…
Taylor Swift and Travis Kelce’s wedding stokes speculation in Rhode Island
WESTERLY, R.I. (AP) — When a large tent appeared next door to Taylor Swift’s Watch Hill estate this…
Taylor Swift’s beach town: Every clue becomes a wedding rumor
From the nearby lighthouse, visitors craned for a better view of Swift’s mansion, a sprawling white home perched…
A rush to create protein-added foods is causing a whey powder shortage
Global consumers want more protein in every bite, but the dairy industry is struggling to give it to…
China’s Tencent to open payments network for PayPal users
HONG KONG (AP) — PayPal users will be able to make cashless payments in China using QR codes…
Argentina’s beef consumption falls to lowest level in 20 years as prices soar
BUENOS AIRES, Argentina — At 6 a.m., in the Mataderos neighborhood of Buenos Aires, workers unload sides of…
Egypt’s early closing order jolts Cairo’s night life as war-driven oil costs soar – washingtonpost.com
Egypt’s early closing order jolts Cairo’s night life as war-driven oil costs soar washingtonpost.comShops and restaurants in Egypt told…
Iranian traders and shopkeepers protest as currency hits record low
TEHRAN, Iran — Iranian traders and shopkeepers staged a second day of protests Monday after the country’s currency…
New York subway ends its MetroCard era and switches fully to tap-and-go fares
NEW YORK — When the MetroCard replaced the New York City subway token in 1994, the swipeable plastic…
Visa: Sales are up 4.2% for first 7 weeks of the holiday period; pace lags last year
NEW YORK — Consumers stepped up their spending, particularly on items like gadgets and clothing, for the first…