Mergers and acquisitions
FelCor Lodging Trust Inc., Irving, Texas, sold the 218-room Embassy Suites hotel in Bloomington for $24 million to an undisclosed buyer.
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Business
Olympic organizers unveil strategy for using artificial intelligence in sports
Olympic organizers unveiled their strategy Friday to use artificial intelligence in sports, joining the global rush to capitalize on the rapidly advancing technology.
Business
Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck
Tesla is recalling 3,878 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crash.
Business
Stock market today: Wall Street limps toward its longest weekly losing streak since September
Wall Street's latest losing week looks to be coming to a relatively quiet close on Friday. U.S. stocks are drifting in mixed trading after oil prices briefly surged overnight on worries about fighting in the Middle East.
Business
BNSF Railway says it didn't know about asbestos that's killed hundreds in Montana town
BNSF Railway attorneys are expected to argue before jurors Friday that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos-contaminated Montana town, one of the deadliest sites in the federal Superfund pollution program.
Business
FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes
FedEx on Friday pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes, a huge boost for the school's name, image and likeness compensation efforts.
