Business

July /> NEW YORK — Stocks drop again on Wall Street, pulling the S&P 500 index 10% below the peak it reached in July. Sourse: abcnews.go.com Rate this item:1.002.003.004.005.00Submit Rating No votes yet. Please wait…

OMAHA, Neb. — The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family’s remaining 20% stake in the Pilot Travel…

NEW YORK — A former model for Abercrombie & Fitch on Friday sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Jeffries, who left Abercrombie in 2014, converted…

NEW ORLEANS — The Biden administration on Friday designated four tracts of federal waters in the Gulf of Mexico off the Texas and Louisiana coasts for development of wind energy. The Bureau of Ocean Energy Management announcement follows the first…

NEW YORK — The number of catalytic converter theft claims dropped in the first half of this year, the first time that’s happened since 2019, according to data from insurance company State Farm. Thefts of catalytic converters have become problematic…

BOSTON — Women’s professional golf has picked up another big money event. The LPGA Tour and FM Global announced Friday they will be stage a new tournament at TPC Boston that will feature a $3.5 million purse, the largest on…

NEW YORK — Stocks that are trading heavily or have substantial price changes on Friday: Amazon.com Inc. (AMZN), up $8.17 to $127.74. The online retail giant reported strong third-quarter earnings and revenue. Intel Corp. (INTC), up $3.02 to $35.54. The…

Jamie Dimon will do something he has never done before in nearly two decades as the head of JPMorgan Chase & Co. – sell shares in the company. The top executive of the nation’s largest bank will sell 1 million…

LONDON — LONDON (AP) — The United States on Friday expanded its effort to cut off funding for Hamas, announcing a second round of sanctions against people and organizations linked to the group since it launched an attack on Israel…

The only cure for painful sickle cell disease today is a bone marrow transplant. But soon there may be a new cure that attacks the disorder at its genetic source. On Tuesday, advisers to the Food and Drug Administration will…