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.

What's open on Thanksgiving? Not much, as many stores rest -- or prepare -- ahead of Black Friday

SUMMARY: With Thanksgiving and the formal launch of the holiday shopping season, Americans will again take to the road for holiday gatherings before knocking off items on their Christmas gift lists. Most national grocery store chains are open on Thursday for last-minute needs, although many close early. Major U.S. retailers are closed on Thanksgiving Day, either giving workers the day off or preparing for Black Friday. Many will open early on the day after Thanksgiving, which is typically the biggest shopping day of the year. Black Friday has lost some of its frantic energy as customers increasingly shop for gifts online.

WORDS: 544 - MOVED: 11/26/2025 9:05 a.m. EST

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Bangkok court issues an arrest warrant for Thai co-owner of Miss Universe pageant

SUMMARY: A court in Thailand has issued an arrest warrant for Jakkaphong "Anne" Jakrajutatip, a co-owner of the Miss Universe Organization, in connection with a fraud case. The court in Bangkok issued the warrant after she failed to appear in court on Tuesday to answer allegations that she and her company, JKN Global Group, defrauded an investor in the company's corporate bonds. Financially troubled JKN Global began debt rehabilitation in 2024. JKN has denied rumors that Jakkaphong had liquidated the company's assets and fled the country. It gave no immediate reaction regarding the arrest warrant. Jakkaphong's whereabouts are unclear. She did not appear at the 74th Miss Universe competition, which was held last week in Bangkok.

WORDS: 527 - MOVED: 11/26/2025 3:28 a.m. EST

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U.S. stocks rise as Wall Street's winning streak grows to four days

SUMMARY: U.S. stocks rose for a fourth straight day, led by solid gains for technology companies. The S&P 500 rose 0.7% Wednesday and the tech-heavy Nasdaq gained 0.8%. The Dow Jones Industrial Average rose 314 points, or 0.7%. Nvidia, Microsoft and Broadcom were among the tech stocks that drove the market's gains. Financial services companies also fared well. Robinhood posted the biggest gain in the S&P 500, 10.9%, after saying it planned to expand its prediction markets business with the launch of a new exchange. The recent gains for stocks have been helped by rising hopes for another rate cut from the Federal Reserve next month.

WORDS: 656 - MOVED: 11/25/2025 11:43 p.m. EST

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Campbell's fires executive who was recorded saying company's products are for 'poor people'

SUMMARY: The Campbell's Co. said Wednesday it has fired an executive who was recorded making racist comments and mocking the company's products and customers. Martin Bally, a vice president in Campbell's information security department, was named in a lawsuit filed last week by Robert Garza, a former Campbell's employee who said he was fired after he reported Bally's comments to a supervisor. In the lawsuit, Garza claimed Bally described Campbell's as "highly process(ed) food" and said it was for "poor people." Campbell's said Wednesday it listened to a recording of Ballys meeting with Garza and fired Bally on Tuesday. Campbell's said Bally's comments were hurtful and vulgar and apologized for the harm they caused.

WORDS: 463 - MOVED: 11/26/2025 4:18 p.m. EST

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How major US stock indexes fared Wednesday, 11/26/2025

SUMMARY: U.S. stocks rose for a fourth straight day, led by solid gains for technology companies. The S&P 500 rose 0.7% Wednesday and the tech-heavy Nasdaq gained 0.8%. The Dow Jones Industrial Average rose 314 points, or 0.7%. Nvidia, Microsoft and Broadcom were among the tech stocks that drove the market's gains. Financial services companies also fared well. Robinhood posted the biggest gain in the S&P 500, 10.9%, after saying it planned to expand its prediction markets business with the launch of a new exchange. The recent gains for stocks have been helped by rising hopes for another rate cut from the Federal Reserve next month.

WORDS: 274 - MOVED: 11/26/2025 4:27 p.m. EST

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Fewer Americans sought unemployment benefits last week as job cuts stay low

SUMMARY: The number of Americans applying for unemployment benefits declined last week in a sign that layoffs remain low, even as several high-profile companies have announced job cuts. U.S. applications for unemployment benefits in the week ending Nov. 22 dropped 6,000 from the previous week to 216,000, the Labor Department reported Wednesday. The number of people seeking unemployment benefits is seen as a proxy for layoffs and is close to a real-time indicator of the health of the job market.

WORDS: 362 - MOVED: 11/26/2025 8:44 a.m. EST

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Average US long-term mortgage rate falls to 6.23%, ending a three-week climb

SUMMARY: The average rate on a 30-year U.S. mortgage ended a three-week streak of increases this week, reflecting a pullback in long-term U.S. Treasury bond yields. Mortgage buyer Freddie Mac said Wednesday that average long-term mortgage rate fell to 6.23% from 6.26% last week. A year ago, the rate averaged 6.81%. Just four weeks ago, the average rate was at 6.17%, its lowest level in more than a year. Mortgage rates are influenced by several factors, from the Federal Reserve's interest rate policy decisions to bond market investors' expectations for the economy and inflation.

WORDS: 532 - MOVED: 11/26/2025 12:03 p.m. EST

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Sellers in other countries struggle to maintain US customers as holiday shopping season starts

SUMMARY: Small businesses are struggling to adapt since the U.S. ended the "de minimis" exemption on Aug. 29, which allowed imports under $800 to be tariff-free. Eliminating the exemption was meant to curb drug trafficking and stop low quality goods from flooding the U.S. market. But small businesses have been unduly affected, and they're facing not only skyrocketing costs but confusion and complaints from customers. Sellers abroad are reporting drastic declines in U.S. sales. Some are paying the duties themselves instead of passing them to consumers, trying to focus on their domestic customers to replace U.S. ones and adjusting product lineups.

WORDS: 1240 - MOVED: 11/25/2025 5:37 p.m. EST

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Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

SUMMARY: It's a tough time to be looking for a job. Amid wider economic uncertainty, some analysts have said that businesses are at a "no-hire, no fire" standstill. At the same time, some sizable layoffs have continued to pile up -- raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.

WORDS: 970 - MOVED: 11/26/2025 9:06 a.m. EST

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Shein faces European Union scrutiny over child safety and illegal products

SUMMARY: European Union regulators are increasing scrutiny of Shein's safety measures after French authorities found illegal weapons and child-like sex dolls on the company's website. The European Commission said Tuesday it is using the 27-nation bloc's digital rulebook to demand more information from the company. Shein has come under fire in France after officials found the items for sale on its website. The French government responded by moving to suspend access to the Shein website in France. The Commission has sent a request for information to Shein, citing serious concerns about consumer safety across the EU.

WORDS: 283 - MOVED: 11/26/2025 9:03 a.m. EST

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