Entrepreneur Brings “Tiny,” Affordable Rentals to MS | Mississippi News

By MAYA MARTIN, The Oxford Eagle OXFORD, Miss. (AP) – Housing is a stressful situation for many residents in Oxford and Lafayette County. Many people can attest to the fact that it is hard to find an affordable place to live without moving out of the city or into the next town, but local entrepreneur … Read more

Italy Locates 7 Bodies at Scorched Crash Site of Helicopter | Business News

ROME (AP) – Italian rescuers on Saturday located the bodies of seven people, including four Turks and two Lebanese, who died when their helicopter crashed in a heavily forested, mountainous area in north-central Italy during a storm, authorities said. Col. Alfonso Cipriano, who heads an air force rescue coordination unit that led the search, said … Read more

Small Businesses Are Facing ‘Summer of Uncertainty’ | Business News

By MAE ANDERSON, AP Business Writer Small businesses that depend on outdoor crowds and free-spending tourists are not sure what to expect this summer. Consumers likely have a lot of pent-up demand after more than two years of the pandemic. But they’re also facing some significant financial headwinds because of the highest inflation in decades. … Read more

Mortgage Rates Jump Again, Buyers Head to the Sideline | Business News

By MATT OTT, AP Business Writer WASHINGTON (AP) – Average long-term US mortgage rates jumped back up ahead of next week’s Federal Reserve meeting where it’s expected to announce another increase to its main borrowing rate. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate jumped to 5.23% this week from 5.09% last week. … Read more

Target Cancel Orders, Cuts Prices to Shed Amassed Inventory | Business News

By ANNE D’INNOCENZIO, Associated Press Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices to clear out amassed inventory ahead of the critical fall and holiday shopping seasons. The actions comes after a pronounced spending shift by Americans, from investments in their homes homes, to money spent on … Read more

Asian Markets Mixed After Wall St Bond Sell-Off | Business News

By JOE McDONALD, AP Business Writer BEIJING (AP) – Asian stock markets were mixed Tuesday after a bond sell-off on Wall Street fueled anxiety about a possible US economic slowdown and Australia raised interest rates. Shanghai and Tokyo advanced while Hong Kong and Seoul declined. The yen, trading at two-decade lows, fell further to below … Read more

Apple Offers Glimpse at Upcoming Changes to IPhone Software | Business News

By MICHAEL LIEDTKE, AP Technology Writer Apple on Monday provided a peek at upcoming tweaks to the software that powers more than 1 billion iPhones and rolled out two laptops that will be the first available with the next generation of a company-designed microprocessor. As usual, Apple spent most of the opening day of its … Read more

Musk Threatens to Walk Away From Twitter Deal | Business News

By TOM KRISHER and MATT O’BRIEN, AP Business Writers DETROIT (AP) – Elon Musk is threatening to walk away from his $ 44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot and fake accounts. Lawyers for the Tesla and SpaceX CEO made the threat in … Read more

EXPLAINER: Is Elon Musk’s Deal to Buy Twitter Falling Apart? | Business News

By TOM KRISHER and MATT O’BRIEN, AP Business Reporters Elon Musk on Monday warned to walk away from his $ 44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may be really starting to fray. Lawyers for the Tesla and SpaceX CEO made the threat in … Read more

Australian Court Makes Google Pay $ 515,000 for Defamation | Business News

By ROD McGUIRK, Associated Press CANBERRA, Australia (AP) – An Australian court on Monday ordered Google to pay a former politician 715,000 Australian dollars ($ 515,000) over two defamatory YouTube videos. John Barilaro, the former New South Wales state deputy premier, had sued Google and comedian Jordan Shanks, also known as friendlyjordies, in the Federal … Read more