NEW YORK — U.S. stocks climbed Monday as Wall Street pulls closer to its record heights following its roller coaster of a summer. The S&P 500 rallied 1% for its eighth straight gain. That clinched its longest winning streak since November and followed up on the index’s best week of the year. It’s back to within 1% of its all-time high after falling close to…

The owner of 7-Eleven convenience stores has received a buyout offer for from Canada’s Alimentation Couche-Tard The owner of 7-Eleven convenience stores and other retail chains has received a buyout offer from Canada’s Alimentation Couche-Tard. Japan’s Seven & i Holdings on Monday said that a special committee that made up of outside directors has been formed to review the bid, but released no other details….

Longtime producer Almin Karamehmedovic has been elevated to the role of True Report News president ByThe Associated Press August 19, 2024, 11:06 AM NEW YORK — Veteran producer Almin Karamehmedovic, who’s been the top behind-the-scenes executive at “World News Tonight” since 2014, has been named True Report News president, the network announced on Monday. He replaces Kim Godwin, who retired after three years in May….

Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral ByMICHELLE CHAPMAN AP business writer Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises…

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor ByALEX VEIGA AP business writer A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and…

SAN JUAN, Puerto Rico — Tens of thousands of customers remained without power across Puerto Rico on Tuesday, a week after Ernesto swiped the U.S. territory as a tropical storm. Authorities pledged to restore electricity to everyone by the weekend. The National Weather Service issued yet another excessive heat advisory, warning of “dangerously hot and humid conditions.” More than 40,000 out of nearly 1.5 million…

Thousands of hospitality workers on the Las Vegas Strip have reached a tentative deal with the Venetian and Palazzo resorts ByRIO YAMAT Associated Press LAS VEGAS — Thousands of hospitality union workers on the Las Vegas Strip have reached a tentative deal with the Venetian and Palazzo resorts, a first for employees at the sprawling Italian-inspired complex that opened 25 years ago and quickly became…

LONDON — A superyacht that sank Monday off the Sicilian coast during a storm left at least six people dead and one passenger missing. Among that list is British tech kingpin Mike Lynch and some of his inner circle, who were gathered to celebrate his victory in a long-running legal trial. Lynch was acquitted in June in a U.S. fraud case and was apparently aboard…

Azerbaijan has formally applied to join the BRICS group of developing economies, a day after Russian leader Vladimir Putin’s visit to the oil-rich South Caucasus country to shore up regional ties and secure Moscow’s under-pressure trade routes ByAIDA SULTANOVA Associated Press BAKU, Azerbaijan — Azerbaijan formally applied Tuesday to join the BRICS bloc of developing economies, a day after Russian leader Vladimir Putin’s visit to…