Category Business

ABUJA, Nigeria — Africa’s fashion industry is growing rapidly to meet local and international demand but inadequate investment limits its potential, UNESCO said Thursday in a report released during Lagos Fashion Week. Currently valued at $15.5 billion worth of exports…

OMAHA, Neb. — To help quickly spot safety defects on moving trains, Norfolk Southern said Thursday it has installed the first of more than a dozen of a new generation of automated inspection portals on its tracks in Ohio —…

DETROIT — General Motors and Jeep maker Stellantis are meeting with United Auto Workers bargainers Thursday to see if they can reach a contract agreement that mirrors a deal signed with crosstown rival Ford. Nearly 17,000 striking workers at Ford…

DETROIT — Toyota is recalling about 751,000 large SUVs in the U.S. to fix a problem with the tabs that hold the front bumper covers on. The recall covers certain Toyota Highlanders from the 2020 through 2023 model years including…

NEW YORK — Stocks that traded heavily or had substantial price changes on Thursday: ServiceNow Inc., up $20.78 to $550.95. The software maker reported strong third-quarter profit and revenue. Hasbro Inc., down $6.38 to $48.37. The maker of G.I. Joe,…

NEW YORK — The number of Americans applying for jobless benefits rose last week but remains historically low as the labor market continues to show strength amid high interest rates and inflation. Jobless claim applications rose by 10,000 to 210,000…

hikes /> WASHINGTON — US economy accelerated to a robust 4.9% rate last quarter as consumers shrugged off Fed rate hikes. Sourse: abcnews.go.com Rate this item:1.002.003.004.005.00Submit Rating No votes yet. Please wait…

ANKARA, Turkey — Turkey’s central bank hiked interest rates again on Thursday, pressing ahead with more conventional economic policies recently embraced by President Recep Tayyip Erdogan to fight inflation. The bank raised its policy rate by 5 percentage points to…

WASHINGTON — Vice President Kamala Harris will attend a summit on artificial intelligence in the United Kingdom next week, shortly after President Joe Biden issues a highly anticipated executive order on an emerging technology that has generated excitement and fear.…

SAN JOSE, Calif. — A Silicon Valley executive who lied to investors about inventing technology that tested for allergies and COVID-19 using only a few drops of blood was sentenced Wednesday to eight years in prison and ordered to pay…