WYATTE GRANTHAM-PHILIPS

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

Bitcoin is jumping again, rising above $98,000 for the first time Thursday. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks.

Comcast to spin off cable networks that were once the entertainment giant’s star performers

Comcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions for streaming platforms.

Jersey Mike’s sandwich chain is acquired by private equity firm Blackstone for $8 billion

Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion.

Spirit Airlines filed for bankruptcy. What does that mean for travelers?

The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection. Spirit Airlines said said customers shouldn’t see any disruption to their travel plans while the process unfolds.

Judge blocks Biden administration’s rule to expand overtime pay for millions

A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S.

Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion

European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago.

Justice Department sues to block UnitedHealth Group’s $3.3 billion purchase of Amedisys

The Justice Department is suing to block UnitedHealth Group’s $3.3 billion purchase of Amedisys. The government is citing concerns the deal would hinder access to home health and hospice services in the U.S.

23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs.

Bitcoin neared $90,000 in a new record high. What to know about crypto’s post-election rally

As money continues to pour into crypto following Donald Trump’s reelection, bitcoin has climbed to yet another record high. The world’s largest cryptocurrency topped $89,000 for the first time, briefly peaking at $89,995 early Tuesday.

Security tech company Evolv fires its chief executive

Amid the backdrop of a sales misconduct investigation and other legal troubles, security technology company Evolv is now firing its CEO. Evolv’s board of directors terminated chief executive Peter George on Wednesday, effective immediately.

Super Micro Computer’s shares plunge 33% after server maker’s accounting firm quits

Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firm.

Court approves Tupperware’s sale to lenders, paving way for brand’s exit from bankruptcy

A U.S. bankruptcy judge has approved a sale of Tupperware Brands. The move paves the way for the iconic food storage company to soon exit from Chapter 11 protection.

Spirit Airlines plans to cut jobs and sell some planes amid looming financial struggles

Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.

Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders

A federal regulator has ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled Apple Card customers’ transaction.

Taxpayers will get bigger standard deductions in 2025, but with smaller boosts than recent years

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns. The Internal Revenue Service detailed the increases in its annual inflation adjustments.

EU leaders look at ways to tighten their borders in the wake of a far-right surge

European Union leaders have lauded a groundswell of support for tightening their borders and making the bloc a more hostile destination for migrants and asylum seekers.

Miami’s Ward, BC’s Ezeiruaku, Pitt’s Narduzzi headline the AP’s ACC midyear honorees

Miami quarterback Cam Ward, Boston College defensive end Donovan Ezeiruaku and Pittsburgh coach Pat Narduzzi top the list of honorees in The Associated Press’ midseason report for the Atlantic Coast Conference.

TNT and its sports platforms to show new Unrivaled women’s 3-on-3 basketball league games

The new Unrivaled women’s basketball 3-on-3 league will have its games broadcast on TNT and its sports platforms.

AP Top News at 11:47 p.m. EDT

Hezbollah vows to expand attacks in Israel after deadly strike in Lebanon’s Christian heartland

AITO, Lebanon (AP) — The day after a deadly Israeli airstrike in northern Lebanon – far from Hezbollah’s main area of influence – the militant group’s acting leader said it would aim rockets into more areas of Israel. Naim Kassem said Hezbollah is focused on “hurting the enemy,” and he signaled it w

Harris announces a new plan to empower Black men as she tries to energize them to vote for her

Vice President Kamala Harris has announced a series of proposals designed to give Black men more economic opportunities as she works to energize a key voting bloc that has Democrats concerned about a lack of enthusiasm.

Golden Knights close homestand with 3-1 win over Ducks to remain undefeated

Brett Howden, Tomas Hertl and Pavel Dorofeyev each scored a goal and the Vegas Golden Knights beat the Anaheim Ducks 3-1. Ilya Samsonov had 22 saves for Vegas. Troy Terry scored the lone goal for the Ducks and James Reimer made 29 saves.

Floridians cleaning up from Hurricane Milton are hampered by a widespread fuel shortage

Many Floridians spent much of Saturday either waiting hours in line for gas, trying to get home or beginning the arduous work of cleaning up after Hurricane Milton. Gov.

Fisher-Price recalls over 2 million ‘Snuga Swings’ following the deaths of 5 infants

Fisher-Price is recalling parts of over 2 million infant swings across the U.S., Canada and Mexico. That’s because of a serious suffocation risk following reports of five infant deaths. The U.S.

Experts warn ‘crazy busy’ Atlantic hurricane season is far from over

Although the Atlantic hurricane season officially ends Nov. 30, scientists say there is still the possibility for more named storms this year. That’s because warm ocean temperatures, which fuel hurricanes, are at record-level temperatures.

Hurricane Milton has caused thousands of flight cancellations. What to do if one of them was yours

Thousands of flights in and out of the U.S. have been canceled this week as Hurricane Milton barreled into the Gulf of Mexico and plowed across Florida. Many airports were forced to close their doors in the path of destruction.

McDonald’s sues top meat packers for allegedly colluding to inflate the price of beef

McDonald’s has some beef with today’s largest meat packers. The fast food giant is suing the U.S. meat industry’s “Big Four” — Tyson, JBS, Cargill and National Beef Packing Company — and their subsidiaries, alleging a price fixing scheme for beef specifically.

Biden makes rare dip into battleground state fray with visits to Pennsylvania and Wisconsin

President Joe Biden has made a rare jump into the 2024 battleground political fray since ending his reelection bid.

Dockworkers may have the negotiating advantage in their strike against US ports

Some 45,000 dockworkers at 36 U.S. ports from Maine to Texas are on strike for the first time in decades. And experts say the workers may wield the upper hand in their standoff with port operators over wages and the use of automation.

AP Top News at 11:55 p.m. EDT

Walz and Vance go in depth on policy while attacking each other’s running mates in VP debate

NEW YORK (AP) — In a debate that evoked a calmer era in American politics, Tim Walz and JD Vance on Tuesday went after each other’s running mates and sought to shore up their campaigns’ vulnerabilities at a time of renewed fears of a regional war in the Middle East and sadness over devastation from

A Black man says a trucking company fired him because he wouldn’t cut off his dreadlocks

A Black man alleges in a lawsuit that an Iowa trucking company fired him as a driver because he wouldn’t cut off his dreadlocks. It’s the latest in a series of incidents across the country over an issue activists have dubbed hair discrimination.