By BARBARA ORTUTAY
REDWOOD CITY, Calif. (AP) — For the past decade, Dr. Priscilla Chan and her husband Mark Zuckerberg have focused part of their philanthropy on a lofty goal — “to cure, prevent or manage all disease” — if not in their lifetime, then in their children’s. But during that time, they also funded underprivileged schools, immigration reform and efforts around diversity, equity and inclusion.
Now, the billionaire couple is shifting the bulk of their philanthropic resources to Biohub, the pair’s science organization, and focusing on using artificial intelligence to accelerate...
By DEE-ANN DURBIN
Denny’s said Monday that it’s being acquired by a group on investors in a deal that will take the breakfast chain private.
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By Ilena Peng, Bloomberg News
Halloween is shaping up to be a test for the chocolate industry, as high cocoa costs threaten to accelerate a consumer shift toward cheaper and trendier sweets such as sour gummies.
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By Sarah Foster, Bankrate.com
If it feels harder to get ahead right now, that’s because it is. Many Americans are navigating a “worst-of-both-worlds” economy: a cooling job market on one side and stubborn inflation on the other.
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By MICHAEL LIEDTKE
The U.S. Supreme Court on Monday refused to protect Google from a year-old order requiring a major makeover of its Android app store that’s designed to unleash more competition against a system that a jury declared an illegal monopoly.
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Spirit Airlines’ parent company Tuesday announced a series of deals with top creditors that would funnel up to $475 million in critical cash to the troubled discount carrier as it reorganizes for a second time under Chapter 11 of the U.S. Bankruptcy Code.
The company said the “debtor-in-possession” financing is coming from existing bondholders.
As part of a motion filed with the U.S. Bankruptcy Court in New York, “the Company obtained immediate interim access to $120 million,” the airline said in a statement made public Tuesday afternoon. Up to $200 million “is expected to be available upon...
By DEE-ANN DURBIN
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
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By CHRISTOPHER RUGABER and WILL WEISSERT
WASHINGTON (AP) — President Donald Trump said Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.
Trump said in a letter posted on his Truth Social platform that he is removing Cook effective immediately because of allegations that she committed mortgage fraud. Bill Pulte, a Trump appointee to the agency that regulates mortgage giants Fannie Mae and...
TALLAHASSEE — Florida Power & Light and numerous groups and businesses have hammered out a proposed settlement that would increase base electric rates over the next four years — but not by as much as the utility originally sought.
The proposed settlement, filed Wednesday at the Florida Public Service Commission, would lead to increases of $945 million in 2026 and $766 million in 2027, according to the utility. FPL also would collect additional amounts in 2028 and 2029 for solar-energy and battery-storage projects.
FPL filed a proposal in February that sought increases of $1.545 billion...