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AP National Business

Debt ceiling talks grind on, but Republicans say there’s a ‘lack of urgency’ from White House

By LISA MASCARO, STEPHEN GROVES, FARNOUSH AMIRI and SEUNG MIN KIM Associated Press WASHINGTON (AP) — Debt ceiling talks showed few signs of outward progress as negotiators for President Joe Biden and House Speaker Kevin McCarthy are trading more budget-cutting ideas. Republicans warn there’s a “lack of urgency” at the White House to resolve the

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Meta sells Giphy for $53M to Shutterstock after UK blocked GIF platform purchase

WYATTE GRANTHAM-PHILIPS Associated Press WASHINGTON (AP) — Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns. The stock image service said it’s paying cash for Giphy, which has

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8 tips for parents and teens on social media use — from the U.S. surgeon general

By BARBARA ORTUTAY AP Technology Writer Dr. Vivek Murthy, the U.S. surgeon general, is calling for “immediate action” by tech companies and lawmakers to protect kids’ and adolescents’ mental health on social media. But after years of middling and insufficient action by both social media platforms and policymakers, parents and young people still bear most

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Williams-Sonoma: Fiscal Q1 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Williams-Sonoma Inc. (WSM) on Tuesday reported fiscal first-quarter net income of $156.5 million. The San Francisco-based company said it had profit of $2.35 per share. Earnings, adjusted for non-recurring costs, came to $2.64 per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts

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