AP Top Extended Financial Headlines at 12:02 a.m. EDT

UPS has reached a contract with its 340,000-person union, averting a potential strike that would have disrupted deliveries for businesses and households nationwide

A federal lawsuit alleges that health insurance giant Cigna used a computer algorithm to automatically reject hundreds of thousands of patient claims without examining them individually as required by California law

Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape

The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks this spring

Visa says its adjusted third-quarter profits rose by close to double digits, as the global payments company continues to benefit from broad shift of consumer behavior from cash to using credit and debit cards

Asian stock markets are lower after Wall Street hit a 15-month high ahead of a Federal Reserve meeting that traders hope will end with the final increase in this interest rate cycle

China's ceremonial legislation has endorsed the promotion of Pan Gongsheng to serve as central bank governor

General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago

Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology

U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates