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.

Alibaba's cloud business revenue soars 34% driven by AI boom

SUMMARY: China's Alibaba Group is reporting a 34% jump in revenue from its cloud business, driven by the AI boom. However, net profit for the July-September quarter fell 52% year-on-year, as an intense price war in China's e-commerce sector eroded into profitability. The company, which started out in e-commerce and later turned its focus to cloud and AI, has pledged to invest heavily in cloud computing and AI infrastructure. On Monday, Alibaba announced its upgraded AI chatbot Qwen recorded 10 million downloads in the first week after its public launch.

WORDS: 404 - MOVED: 11/25/2025 9:23 a.m. EST

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US retail sales rose slightly in September, adding to months of big gains

SUMMARY: Sales at U.S. retailers and restaurants rose slightly in September as resilient consumers moderated their spending after splurging over the summer. Sales increased 0.2% last month from August, the Commerce Department said, in a report delayed more than a month because of the government shutdown. The retail sales figures suggest that Americans as a whole are still willing and able to boost their spending, a key driver of the economy, despite high prices for groceries, rent, and many imported goods hit by tariffs.

WORDS: 477 - MOVED: 11/25/2025 8:44 a.m. EST

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Best Buy ups sales outlook heading into holiday shopping season

SUMMARY: Best Buy is raising its profit and sales expectations ahead of the holiday shopping season after a strong third quarter. Comparable-store sales at the nation's largest consumer electronics chain rose 2.7%, fueled by computing, gaming and mobile phones. It was the biggest gain in three years for the Minnesota retailer. Shares rose nearly 3% before the opening bell Tuesday. The strong quarter is an encouraging sign for Best Buy, which like almost all U.S. companies, has spent months navigating an uncertain economic environment as President Donald Trump imposes wide-ranging tariffs on imports. Electronics have been particularly hard hit.

WORDS: 353 - MOVED: 11/25/2025 8:30 a.m. EST

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The Miami Project to Cure Paralysis follows science and steady funding to a broader mission

SUMMARY: Since Marc Buoniconti. then a college football linebacker, was paralyzed 40 years ago during a routine tackle, he and his father, NFL Hall of Famer Nick Buoniconti, have raised over $550 million for The Miami Project to Cure Paralysis. The project, co-founded by Nick Buoniconti and Dr. Barth A. Green, has expanded its research beyond paralysis to include neurological diseases. The project's research center at the University of Miami has made significant advances for medicine in general, including the use of therapeutic hypothermia. Marc Buoniconti says their mission is to change lives, and their relentless drive continues to inspire supporters worldwide.

WORDS: 927 - MOVED: 11/25/2025 8:01 a.m. EST

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World shares advance after Wall Street gets a lift from hopes for a Fed rate cut

SUMMARY: European and Asian shares have advanced, following U.S. stocks higher. Tokyo's Nikkei 225 index gained 0.1% as market heavyweight SoftBank plunged 10.3% due to worries over the potential impact of Google's Gemini AI model on OpenAI. On Monday, the S&P 500 climbed 1.5% in one of its best days since the summer. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite gained 2.7%. Stocks got a lift from rising hopes that the Federal Reserve will cut its main interest rate again in December, which could boost the economy and investment prices. Trading this week will be shortened by the Thanksgiving holiday.

WORDS: 674 - MOVED: 11/25/2025 12:03 a.m. EST

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How to Rebalance Your Portfolio in a Lofty Market

SUMMARY: If it's been a while since you rebalanced your portfolio, it might be too heavy on growth-oriented U.S. stocks.

WORDS: 756 - MOVED: 11/24/2025 3:48 p.m. EST

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Another rally for Alphabet leads the US stock market higher

SUMMARY: The U.S. stock market rallied. The S&P 500 climbed 1.5% Monday for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few weeks. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite gained 2.7%. Stocks got a lift from rising hopes that the Federal Reserve will cut its main interest rate again in December, which could boost the economy and investment prices. The market also benefited from strength for stocks caught up in the artificial-intelligence frenzy, particularly for Alphabet. Trading this week will be shortened by the Thanksgiving holiday.

WORDS: 746 - MOVED: 11/23/2025 11:20 p.m. EST

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Broadcast giant Sinclair makes bid to buy out EW Scripps for $7 per share

SUMMARY: Sinclair has submitted a bid to buy out E.W. Scripps for $7 per share, in a deal that could bring further consolidation across America's local TV news landscape. The proposal, disclosed Monday, involves acquiring all of Scripps' outstanding shares. Sinclair already owns nearly 10% of Scripps' class A common stock. If approved, Scripps' shareholders would receive a 12.7% stake in the combined company. Sinclair seeks a response by Dec. 5. Scripps acknowledged the unsolicited proposal and said it would review it. Sinclair argues the merger would strengthen its local journalism offerings. Still, critics warn of growing news homogenization.

WORDS: 675 - MOVED: 11/24/2025 3:25 p.m. EST

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How major US stock indexes fared Monday, 11/24/2025

SUMMARY: The U.S. stock market rallied. The S&P 500 climbed 1.5% Monday for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few weeks. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite gained 2.7%. Stocks got a lift from rising hopes that the Federal Reserve will cut its main interest rate again in December, which could boost the economy and investment prices. The market also benefited from strength for stocks caught up in the artificial-intelligence frenzy, particularly for Alphabet. Trading this week will be shortened by the Thanksgiving holiday.

WORDS: 223 - MOVED: 11/24/2025 4:19 p.m. EST

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MrBeast and the Rockefeller Foundation are teaming up to spark youth philanthropy

SUMMARY: Beast Philanthropy, the charitable organization started by MrBeast founder Jimmy Donaldson, and the Rockefeller Foundation are announcing a strategic partnership. The idea is to pair Donaldson's unique ability to capture youth attention spans with the foundation's 112-year history of using its resources and technology to tackle global problems. The exact issues they plan to tackle together are still being hammered out and there is no shared grantmaking to announce yet. Dr. Rajiv Shah, the president of the Rockefeller Foundation, says MrBeast can help them engage young people, inspire hope and communicate their work more accessibly. Donaldson hopes the Rockefeller Foundation can help him be more efficient and make "real, lasting change."

WORDS: 1070 - MOVED: 11/24/2025 10:05 a.m. EST

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Stores keep prices down in a tough year for turkeys. Other Thanksgiving foods may cost more

SUMMARY: Bird flu and another disease have shrunk the U.S. turkey population to a 40-year low this year. Wholesale turkey prices are expected to be up more than 40% as a result. But shoppers preparing for Thanksgiving may not see higher prices themselves because many grocers are offering discounted or even free turkeys to get customers in the door. Market research company Datasembly expects the 10 holiday meal staples it tacks to cost 4% more overall. Canned cranberry sauce had the biggest price increase after drought impacted production and new tariffs on steel made cans more expensive. Pricing out a Thanksgiving dinner isn't an exact science, though, and the firm's tally differed from other estimates.

WORDS: 1072 - MOVED: 11/23/2025 9:19 p.m. EST

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Kohl's promotes interim CEO and 30-year retail veteran Michael J. Bender to be its permanent chief

SUMMARY: Kohl's has promoted a 30-year retail industry veteran Michael Bender as its permanent CEO, nearly seven months after serving in the interim for that top role. Bender permanently fills a void after the struggling department store chain, based in Menomonee Falls, Wisconsin, fired its previous CEO Ashley Buchanan in May. Schilifske said the board  engaged in an external firm and conducted a comprehensive search. At the conclusion of this effort, he said the board  "enthusiastically and unanimously appointed Michael as CEO." Kohl's  terminated  Buchanan after an investigation determined that he directed the retailer to engage in vendor transactions that involved undisclosed conflicts of interest.

WORDS: 236 - MOVED: 11/24/2025 10:28 a.m. EST

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