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.

US stocks cruise toward the finish of their record-setting week

SUMMARY: U.S. stocks are adding to their records as Wall Street cruises toward the finish line of another winning week. The S&P 500 rose 0.2% Friday and is heading for its seventh winning week in the last nine. The Dow Jones Industrial Average added 280 points, and the Nasdaq composite was basically flat. All three indexes are coming off all-time highs set the day before. Treasury yields also held relatively steady in the bond market following mixed reports on activity for U.S. businesses in the health care, real estate and other services industries. Oil prices recovered some of their sharp losses from earlier in the week.

WORDS: 575 - MOVED: 10/03/2025 12:42 a.m. EDT

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Apple removes from its store apps that allowed anonymous reports of ICE agent sightings

SUMMARY: Apple has removed ICEBlock and similar apps that let users report and track U.S. immigration agents. The decision follows apparent pressure from authorities. ICEBlock, a free app for iPhones, allowed users to anonymously report Immigration and Customs Enforcement activity. The app was no longer available on Apple's App Store as of Friday. The developer claims the removal is due to pressure from the Trump administration. Apple stated it removed the app based on law enforcement information about safety risks. Downloads of such apps have surged amid increased immigration enforcement but the apps have faced criticism from authorities.

WORDS: 425 - MOVED: 10/03/2025 6:52 a.m. EDT

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Silicon Valley leader who navigated the internet's boom and bust sees another wild ride with AI

SUMMARY: Former Cisco Systems CEO John Chambers learned all about technology's volatile highs and lows as a veteran of the internet's early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.

WORDS: 972 - MOVED: 10/03/2025 8:36 a.m. EDT

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Cyberattack hits major Japanese beverage producer, affecting its operations

SUMMARY: A major Japanese beverage producer has been hit by a cyberattack this week which has disrupted shipments and operations. Asahi Group Holdings says its computer systems were attacked on Monday, affecting orders, shipments, and a customer call center. A company spokeswoman told The Associated Press on Friday that the issue remains unresolved, though some emergency shipments were made on Wednesday. The cause and motive of the attack are still under investigation. Overseas systems were not affected. It's unclear when the system will be fully restored. Some Japanese media reports suggest ransomware, but Asahi declined to comment.

WORDS: 283 - MOVED: 10/03/2025 5:45 a.m. EDT

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Parents of college student killed in Tesla crash allege design flaw trapped her in the burning car

SUMMARY: A lawsuit filed Thursday by parents of a college student killed in a Tesla crash says she was trapped inside as the car burned because of a design flaw that makes it difficult to open the doors in fires. The suit filed in California state court by the parents of Krysta Tsukahara alleges she burned and suffocated to death even though the company that has helped Elon Musk become the world's richest man knew about the flaw for years but failed to fix it. Tesla did not immediately reply to a request for comment.

WORDS: 375 - MOVED: 10/02/2025 8:15 p.m. EDT

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How major US stock indexes fared Thursday, 10/2/2025

SUMMARY: U.S. stocks edged up to more records. The S&P 500 rose 0.1% Thursday. The Dow Jones Industrial Average added 0.2%, while the Nasdaq composite climbed 0.4%. All three set all-time highs. Technology stocks helped lead the way after OpenAI announced partnerships with South Korean companies for its Stargate artificial-intelligence infrastructure project. Fair Isaac surged to its best day in nearly three years after unveiling a program where customers can access FICO credit scores and bypass big credit bureaus.

WORDS: 243 - MOVED: 10/02/2025 4:20 p.m. EDT

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Wall Street ticks to more records, led by technology stocks

SUMMARY: U.S. stocks edged up to more records. The S&P 500 rose 0.1% Thursday. The Dow Jones Industrial Average added 0.2%, while the Nasdaq composite climbed 0.4%. All three set all-time highs. Technology stocks helped lead the way after OpenAI announced partnerships with South Korean companies for its Stargate artificial-intelligence infrastructure project. Fair Isaac surged to its best day in nearly three years after unveiling a program where customers can potentially bypass big credit bureaus for FICO credit scores. Stock indexes also rose across much of Europe and Asia, while Treasury yields eased in the bond market.

WORDS: 641 - MOVED: 10/02/2025 12:31 a.m. EDT

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OpenAI now worth $500 billion, possibly making it the world's most valuable startup

SUMMARY: OpenAI could now be the world's most valuable startup, ahead of Elon Musk's SpaceX and TikTok parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker. Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company's valuation to $500 billion, according to a source with knowledge of the deal who was not authorized to discuss it publicly. The valuation reflects high expectations for the future of AI technology and continues OpenAI's remarkable trajectory from its start as a nonprofit research lab in 2015.

WORDS: 658 - MOVED: 10/02/2025 3:55 p.m. EDT

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Federal shutdowns usually don't do much economic damage. There are reasons to worry about this one

SUMMARY: Shutdowns of the federal government usually don't leave much economic damage. But the one that started Wednesday looks riskier, not least because President Donald Trump is threatening to use the standoff to permanently eliminate thousands of government jobs. For now, financial markets are shrugging off the impasse as just the latest failure of Republicans and Democrats to agree on a budget and keep the government running. But Trump's massive layoff threat and the precarious state of the American economy raise the odds of longer-lasting damage.

WORDS: 996 - MOVED: 10/02/2025 12:01 p.m. EDT

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Musk reports Tesla sales jump after months of boycotts, but experts suspect the pain is not over yet

SUMMARY: Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk's foray into right-wing politics avoided buying his company's cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.

WORDS: 843 - MOVED: 10/02/2025 9:33 a.m. EDT

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Berkshire Hathaway to pay $9.7 billion for OxyChem, potentially Buffett's last big deal

SUMMARY: Berkshire Hathaway is buying Occidental Petroleum's chemical division for $9.7 billion in what may be one of the last big deals of Warren Buffett.Buffett wasn't mentioned anywhere in materials released by Berkshire Hathaway on Thursday, seemingly signaling the passing of the torch to Greg Abel. Berkshire's cash pile has been steadily growing for years to hit $344 billion because Buffett has been unable to find any major acquisitions at attractive prices since completing the $11.6 billion acquisition of Alleghany Insurance in 2022. OxyChem will fit nicely within Berkshire alongside Lubrizol, which Buffett bought in 2011 for $9 billion, but Berkshire generally doesn't consolidate its subsidiaries, so OxyChem will likely continue operating independently.

WORDS: 557 - MOVED: 10/02/2025 7:22 a.m. EDT

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Average long-term US mortgage rate ticks up for second straight week, to 6.34%

SUMMARY: The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to the lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.12%. 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. They generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans.

WORDS: 532 - MOVED: 10/02/2025 12:07 p.m. EDT

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DoorDash closes on $3.9 billion buyout of Deliveroo in the UK

SUMMARY: Food delivery app DoorDash said it has finalized its acquisition of U.K. rival Deliveroo, with the boards of both companies approving the nearly $4 billion deal first announced in the spring. DoorDash's interest in Deliveroo became public in late April and a week later the San Francisco company confirmed it had agreed to buy Deliveroo for $3.9 billion in cash. The deal, which comes following the approval of a British court, will help DoorDash to expand its business in Europe, Asia and the Middle East. DoorDash shares were unchanged before the bell Thursday, near $268 each. They are up close to 60% year-to-date.

WORDS: 342 - MOVED: 10/02/2025 10:00 a.m. EDT

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