Business

Delta Air Lines topped profit and revenue expectations in the fourth quarter on strong demand during the crucial holiday period.

Facebook and Instagram owner Meta said Tuesday it's scrapping its third-party fact-checking program and replacing it with Community Notes written by users similar to the model used by Elon Musk's social media platform X.

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition.

DETROIT (AP) — Tesla's global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed the electric car company’s first year-over-year sales decline since at least 2015.

The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open.

WASHINGTON (AP) — American Airlines briefly grounded flights nationwide Tuesday due to a technical issue just as the Christmas travel season kicks into overdrive and winter weather is threatening more potential problems for those planning to fly or drive.

TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels.

DETROIT (AP) — U.S. auto safety regulators have backed away from seeking a giant recall of nearly 50 million air bag inflators and will investigate further after the auto industry raised questions about whether all of the inflators are defective.

After the busy Black Friday holiday weekend, Kristen Tarnol, owner of Emerald City Gifts in Studio City, California, is already asking her supplier to send more more fuzzy alpaca scarves and warm slippers that were best sellers over the weekend.

Georgia commercial airports facing funding gap

ATLANTA – Georgia’s seven commercial airports are facing a funding gap that threatens to drive businesses out of the state, the Georgia Department of Transportation’s aviation program manager said Wednesday.

FRANKFORT, Ky. (KT) – Gov. Andy Beshear highlighted new momentum in the state’s food and beverage industry, as Chick-fil-A Supply announced plans on Monday for a new $100 million distribution facility in northern Kentucky that is expected to create 178 well-paying, full-time jobs over five years.

MINNEAPOLIS (AP) — A pair of iconic ruby slippers that were worn by Judy Garland in “The Wizard of Oz” and stolen from a museum nearly two decades ago sold for a winning bid of $28 million at auction Saturday.

WASHINGTON (AP) — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls.

A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S.

LUANDA, Angola (AP) — Even in the waning days of his presidency and thousands of miles from home, U.S. President Joe Biden is finding ways to celebrate trains. Biden used the third and final day of his visit to Angola on Wednesday to showcase the Lobito Corridor railway, where the U.S. and its allies are investing heavily to refurbish 800 miles of train lines in Zambia, Congo, and Angola.

BANGKOK (AP) — China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony, and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.

Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday.

Southwest Airlines says it is ending its cabin service earlier on its flights starting next month.

ATLANTA (AP) — President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup automaker struggled to become profitable.

NEW YORK (AP) — Walmart, the world’s largest retailer, is rolling back its diversity, equity, and inclusion policies, joining a growing list of major corporations that have done the same.

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.

NEW YORK (AP) — An outbreak of E. coli has infected dozens of people who ate bagged organic carrots, and one person died from the infection.

WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed's officials want to see where it heads next. Powell, speaking in Dallas, said that inflation is edging closer to the central bank's 2% target, “but it is not there yet."

Norfolk Southern announced an agreement Thursday with Ancora Holdings to keep the investor from launching a repeat of this year's campaign to take control of the railroad. Under the deal, Norfolk Southern will add another independent director to its board and work to further improve its operations.

ATLANTA — The Georgia Ports Authority experienced its third busiest October on record, handling 494,261 twenty-foot equivalent container units (TEUs), the agency reported Thursday. That number fell short only of October 2021 and October 2022, when more than half a million TEUs crossed the docks at the Port of Savannah.

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