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Business News

Tourism, construction, investment mark strong year for county

ESCANABA — As 2025 comes to a close, Delta County stands out as a place gaining attention for all the right reasons. The combination of natural beauty, strong community character and continued investment has helped position the region as both a compelling travel destination and a ...

November US homes sales rose from previous month

Sales of previously occupied U.S. homes rose in November from the previous month but slowed compared with a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year. Existing home sales rose 0.5% in last month from October to ...

Stocks rise on Wall Street as AI stocks turn higher again

NEW YORK (AP) — Stocks gained ground on Wall Street on Friday for a second straight day, wiping away losses from earlier in the week. Technology stocks were once again the main force behind the market's broader moves, especially companies with a focus on artificial intelligence. Both the ...

Wall Street has its worst day in nearly a month

NEW YORK (AP) — More drops for AI stocks dragged the U.S. market lower Wednesday, and Wall Street sank to its fourth straight loss. The S&P 500 fell 1.2% for its worst day in nearly a month, though it's still not far from its all-time high set last week. The Dow Jones Industrial Average ...

Warner Bros recommends investors reject Paramount’s offer

NEW YORK (AP) — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their interests and the entertainment company's audiences. The Warner board said in a letter to ...

Ford scraps fully electric F-150 Lightning amid losses

DETROIT (AP) — Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient gasoline-engines and hybrid EVs, the company said Monday. The Detroit automaker, which has ...