Here are the AP's top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP's coverage, visit AP Newsroom's Coverage Plan.
Japan's SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI
SUMMARY: Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. Tokyo-based SoftBank Group Corp. said it sold the stake in October. It reported its profit in April-September soared to almost triple what it was a year earlier thanks to gains in its investment in Chat GPT creator OpenAI. SoftBank is a major investor in the $500 billion Stargate project in the U.S. The company's fortunes tend to fluctuate depending on its investments in a range of ventures, including through its Vision Funds. SoftBank's stocks have about doubled in the past year. They gained nearly 2% on Tuesday.
WORDS: 427 - MOVED: 11/11/2025 2:40 a.m. EST
https://newsroom.ap.org/detail/JapansSoftBanksaysithassolditssharesinNvidiaforbillionturningitsfocustoOpenAI/d8a10172850628c317a214280a4d94c9/text___
Wall Street points lower before the opening bell as selling of AI shares weigh on sentiment
SUMMARY: Wall Street pointed lower in premarket trading as artificial intelligence stocks weighed on markets following Monday's big rally. Futures for the S&P 500 lost 0.3% while futures for the Dow Jones Industrial Average were flat. Futures for the Nasdaq, where most of the Big Tech companies trade, fell 0.5%. Nvidia shares slid 2% after technology giant SoftBank Group Corp. announced that it had sold its entire stake in artificial intelligence chipmaker Nvidia last month for $5.83 billion. Softbank shares fell 2%. There is widespread belief that technology stocks have shot too high due to the mania for artificial intelligence.
WORDS: 568 - MOVED: 11/11/2025 1:06 a.m. EST
https://newsroom.ap.org/detail/WallStreetpointslowerbeforetheopeningbellassellingofAIsharesweighonsentiment/e6aea0a5dcacc6087c492a0537ed6c40/text___
Air travelers face frustration as FAA's further drop in flights takes effect
SUMMARY: Air travelers could face more frustration as U.S. airports need to meet a higher FAA target for reducing flights. The FAA ordered airlines to drop 4% of flights at 40 major airports due to staffing issues. After canceling over 7,900 flights since Friday, the goal rises to 6% on Tuesday and 10% on Friday. More than 1,100 flights have been canceled as of Tuesday. Controller shortages continue to cause delays, with freezing weather adding to the disruptions. The Senate passed legislation to reopen the government, but the bill still needs House approval.
WORDS: 700 - MOVED: 11/11/2025 12:05 a.m. EST
https://newsroom.ap.org/detail/AirtravelersfacefrustrationasFAAsfurtherdropinflightstakeseffect/2535828689edac07e693c2e54a2f5f16/text___
Everyday volunteers are providing stopgap services during the shutdown in a show of community power
SUMMARY: Everyday people are improvising stopgap efforts to support their communities through the longest government shutdown in U.S. history. Whether feeding hungry families or maintaining local museum tours, volunteers nationwide are strengthening social ties that they hope will continue making their neighbors whole in the face of persistent precarity. And the community engagement isn't slowing down even as lawmakers approach a deal to reopen the government. Hale Morrissette, who co-founded a Pensacola Grocery Buddies program to fight food insecurity, finds that "everybody's stepping up." She says "they know that this is not something that's like a partisan type of issue. It's about service and it's about taking care of each other."
WORDS: 1072 - MOVED: 11/11/2025 8:01 a.m. EST
https://newsroom.ap.org/detail/Everydayvolunteersareprovidingstopgapservicesduringtheshutdowninashowofcommunitypower/efd96724c418e31f6cc96c974ba5d215/text___
Shutdown leaves a mark on an already-struggling economy, from lost paychecks to canceled flights
SUMMARY: The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy. About 1.25 million federal workers missed at least one or two paychecks. Thousands of flights have been canceled. Government contract awards have slowed and some food aid recipients have seen their benefits interrupted. Most of the lost economic activity will be recovered when the government reopens, as federal workers receive back pay. But some canceled flights won't be retaken, missed restaurant meals won't be made up, and some postponed purchases by workers will not happen at all.
WORDS: 1157 - MOVED: 11/10/2025 6:31 p.m. EST
https://newsroom.ap.org/detail/Shutdownleavesamarkonanalreadystrugglingeconomyfromlostpaycheckstocanceledflights/826406b1083b262cad78338bc99f103b/text___
China's car sales slow in October as some trade-in subsidies, tax breaks are phased out
SUMMARY: China has reported its passenger car sales slowed in October, even for electric vehicle makers BYD and Tesla, as automakers cut prices to compete in an overcrowded market. The China Association of Automobile Manufacturers said Tuesday that sales grew 4.4% year-on-year, down from September's 11.2% increase. Tesla's sales in China dropped nearly 36% in October from a year earlier. Vehicle sales got a boost in the past couple of years from government trade-in programs and tax breaks meant to encourage drivers to switch to EVs. The future of such incentives is unclear. Chinese automakers' exports of electrics and hybrid vehicles doubled in October from a year earlier as they expanded further into overseas markets.
WORDS: 385 - MOVED: 11/11/2025 4:31 a.m. EST
https://newsroom.ap.org/detail/ChinascarsalesslowinOctoberassometradeinsubsidiestaxbreaksarephasedout/627253e9bc0302d081c2fb7463e22947/text___
While Trump threatens controllers, US flight cancellations will drag on even after shutdown ends
SUMMARY: Air travelers should expect worsening cancellations and delays this week even if the government shutdown ends. The Federal Aviation Administration is moving ahead with deeper cuts to flights at 40 major U.S. airports. After a weekend of thousands of canceled flights, airlines scrapped another 2,300 flights Monday and more than 1,000 for Tuesday. Air traffic controllers have been unpaid for nearly a month. Some have stopped showing up to work, citing the added stress and the need to take second jobs. Controller shortages led to average delays of four hours at Chicago O'Hare on Monday. President Donald Trump pressured controllers via social media, writing "get back to work, NOW!!!"
WORDS: 783 - MOVED: 11/10/2025 4:49 a.m. EST
https://newsroom.ap.org/detail/WhileTrumpthreatenscontrollersUSflightcancellationswilldragonevenaftershutdownends/3141d255af51a447a96aa94e33264efe/text___
China's 'Singles' Day' shopping festival a gauge of Beijing's effort to get consumers to spend more
SUMMARY: China's largest online sales festival, dubbed Singles' Day, is getting longer as retailers try to entice frugal shoppers to spend more. During this year's five-week festival, which will end later this week, analysts expect shoppers to focus on good deals on necessities and other more affordable goods while avoiding big ticket items. Singles' Day, launched by e-commerce giant Alibaba, has expanded outside China. Back home, it gradually has been losing its importance as families cut back on extras due to a prolonged property downturn, lagging wages and economic uncertainty. It remains to be seen if the appetite for spending may finally be recovering
WORDS: 838 - MOVED: 11/10/2025 11:02 p.m. EST
https://newsroom.ap.org/detail/ChinasSinglesDayshoppingfestivalagaugeofBeijingsefforttogetconsumerstospendmore/465d289a49916633773cf67835912f4e/text___
Rallies for Nvidia and Big Tech help Wall Street nearly erase last week's loss
SUMMARY: Big Tech and other superstars of the U.S. stock market rallied, and Wall Street recovered most of its loss from last week. The S&P 500 climbed 1.5% Monday and clawed back nearly all its drop from last week, which was its first weekly loss in four. The Dow Jones Industrial Average rose 381 points, and the Nasdaq composite jumped 2.3% for its best day since May. Nvidia was by far the strongest force lifting the market. It was a powerful rebound after Nvidia and other winners of the frenzy around artificial-intelligence technology led last week's drop. The U.S. market's rally followed gains for stock indexes around the world.
WORDS: 661 - MOVED: 11/10/2025 12:38 a.m. EST
https://newsroom.ap.org/detail/RalliesforNvidiaandBigTechhelpWallStreetnearlyeraselastweeksloss/f2bee27796f9401e5cd8d88c06785f93/text___
At 101, WWII veteran Irving Locker has become a songwriter
SUMMARY: Irving Locker, a World War II veteran, has become a published songwriter at 101. Just before his birthday, his song "If Freedom Was Free" was released by Big Machine Label Group and CreatiVets. Locker collaborated with Texas singer-songwriter Bart Crow and duo Johnny and Heidi Bulford. The song's chorus reflects Locker's message that freedom isn't free, a theme he shares in lectures. Locker, who lives in Florida, finds joy in music and dancing with his wife of 77 years, Bernice. He feels grateful for life and acknowledges the role of faith during the war.
WORDS: 374 - MOVED: 11/10/2025 12:15 a.m. EST
https://newsroom.ap.org/detail/AtWWIIveteranIrvingLockerhasbecomeasongwriter/7abe5f992656d5d7fdc14a02db9d7847/text___
Edmunds small SUV comparison: New Volkswagen Tiguan vs. Honda CR-V
SUMMARY: The redesigned 2025 Volkswagen Tiguan aims to steal shoppers' attention from the Honda CR-V and its winning hybrid model in a showdown of two of the largest compact crossover SUVs on sale today. Edmunds' automotive experts compare them in four areas: performance and fuel economy; comfort and cargo space; tech and safety; and price and value.
WORDS: 889 - MOVED: 10/15/2025 6:25 a.m. EDT
https://newsroom.ap.org/detail/EdmundssmallSUVcomparisonNewVolkswagenTiguanvsHondaCRV/7a99058c7e8ef49ac03ed99cee0fe3b5/text___
How Gary Sinise is helping the nonprofit CreatiVets build 'a place to go when the PTSD hits'
SUMMARY: The nonprofit CreatiVets is transforming a once-abandoned church in Nashville into a 24-hour arts center for veterans and a community hub. Not only will the new center house the nonprofit's programs, including its songwriting program where veterans work with Nashville songwriters to make music out of their experiences in military service, it will provide a place where veterans can gather any time of day. CreatiVets co-founder Richard Casper, a Purple Heart recipient, says the center will offer creative outlets when PTSD strikes. It's an idea that resonated with actor/philanthropist Gary Sinise, who helped fund the effort through his Gary Sinise Foundation.
WORDS: 1344 - MOVED: 11/10/2025 12:16 a.m. EST
https://newsroom.ap.org/detail/HowGarySiniseishelpingthenonprofitCreatiVetsbuildaplacetogowhenthePTSDhits/9d4167f9fc3f479edd8c5e290a18e1a2/text___
Veterans Day: What's open, what's closed
SUMMARY: The Veterans Day holiday began more than a century ago, albeit under a different name, as a celebration of the end of World War I. Over time its name and purpose evolved into a day of recognition for U.S. veterans of all wars as well as those currently serving in uniform. It's also day off for U.S. postal workers and other federal government employees, though most of the latter aren't working anyway due to the longest government shutdown in U.S. history. Here's what is open and closed this year on Veterans Day.
WORDS: 384 - MOVED: 11/10/2025 11:53 a.m. EST
https://newsroom.ap.org/detail/VeteransDayWhatsopenwhatsclosed/1a8be167daf4b11d889d60d2fe2303ca/text___
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