Business

NEW YORK (AP) — More than 440,000 Starbucks-branded mugs made by Nestle and sold during the winter holidays are being recalled after reports of some users receiving burns or lacerations, according to a federal safety agency. The U.S. Consumer Product Safety Commission said that the mugs, when microwaved or filled with extremely hot liquid, can overheat or break, posing burn …

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Apple Inc., down $7.30 to $171.37. U.S. antitrust authorities accused the iPhone maker of engineering an illegal monopoly in smartphones. Broadcom Inc., up $72 to $1,348. The chipmaker gave investors an encouraging update on its artificial intelligence efforts. Micron Technology Inc., up $13.60 to $109.85. …

HONG KONG (AP) — Asian markets were mostly higher Wednesday ahead of expected guidance by the Federal Reserve on the timing of its cuts to interest rates. Oil prices and U.S. futures fell. Japan’s markets were closed for a holiday. On Tuesday, the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, raising the …

NEW YORK (AP) — To businesses that rely on social media platforms for advertising, client communication or direct sales, Tuesday’s Meta platforms outage was more than a communal inconvenience. Experts say that whenever there’s an outage — be it social media or other software we’ve come to rely on — it’s a reminder that small businesses need to make sure …

Wendy’s llevará a cabo una prueba en la que los precios de sus productos varíen a lo largo del día basándose en la demanda, una estrategia que ya se afianzó entre las compañías de taxis por aplicación y de boletos para eventos. El director general de Wendy’s, Kirk Tanner, dijo hace unas semanas que la cadena de restaurantes con sede …

Wendy’s says that it has no plans to increase prices during the busiest times at its restaurants. The burger chain clarified its stance on how it will approach pricing after media picked up on comments by CEO Kirk Tanner that the company would test features like dynamic pricing at restaurants. Companies like Uber have used dynamic pricing, or surge pricing, …

ABUJA, Nigeria (AP) — Local activists and international environmental groups want Nigeria’s government to delay approving the sale of oil company Shell’s onshore assets, claiming Shell is trying to shirk its environmental and social responsibilities in the highly polluted Niger Delta. The London-based company is trying to sell its subsidiary Shell Petroleum Development Company — which operates its onshore assets …

SINGAPORE (AP) — As the aviation sector seeks ways to make air travel less polluting and more sustainable, aerospace company Embraer and South Korean automaker Hyundai are among the companies betting on a new form of air travel -– air taxis. Hyundai’s Supernal and Embraer-backed Eve Air Mobility are developing electric aircraft that take off and land vertically. The idea …

AT&T said the hourslong outage to its U.S. cellphone network Thursday appeared to be the result of a technical error, not a malicious attack. The outage knocked out cellphone service for thousands of its users across the U.S. starting early Thursday before it was restored. AT&T blamed the incident on an error in coding, without elaborating. “Based on our initial …

NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. Under the terms of the all-stock transaction, Discover Financial shareholders will receive …