Lufthansa airline group to shed 4,000 jobs by 2030 with help of AI, sees stronger profits ahead

FRANKFURT, Germany (AP) — Lufthansa Group has announced plans to cut 4,000 jobs by 2030, focusing on administrative roles. The company aims to achieve this through artificial intelligence, digitalization, and consolidating work among its member airlines. Most of the job cuts will occur in Germany. On Monday, Lufthansa shared its strategic plans during a presentation in Munich. The company is seeing strong demand for air travel and expects increased profitability by the end of the decade. Lufthansa is also preparing for the largest fleet modernization in its history, adding over 230 new aircraft by 2030.

CEO of drugmaker GSK to step down by year's end

LONDON (AP) — GSK Chief Executive Emma Walmsley, the first woman to lead a major pharmaceutical company, will step down Dec. 31 after more than eight years at the head of the London-based drugmaker. Walmsley, 56, will be replaced by Luke Miels, currently GSK’s chief commercial officer, the company said in a statement released on Monday. While GSK achieved a number of strategic successes under Walmsley, including the spinoff of the consumer health care business Haleon, it has disappointed investors. GSK’s shares rose 3.3% to 1534.50 pence in early trading, making it the biggest gainer on the London Stock Exchange.

Albertsons recalls several deli items due to potential listeria contamination

NEW YORK (AP) — Albertsons Companies has recalled several deli products due to potential listeria contamination. The recall follows federal warnings about similar contamination concerns with pasta meals sold at Walmart and Trader Joe’s. On Saturday, Albertsons announced it was pulling five deli items containing a recalled bowtie pasta ingredient from Nate’s Fine Foods. The items include basil pesto pasta salad and pasta dishes with chicken and spinach. The recalled products were sold in various Albertsons-owned stores across more than a dozen states. Albertsons advises consumers to discard the products or return them for a refund. No illnesses have been reported related to these products, per the company.

58M pounds of corn dogs and sausage-on-a-stick products recalled because wood pieces may be inside

NEW YORK (AP) — About 58 million pounds of corn dogs and other sausage-on-a-stick products are being recalled across the U.S. because wood pieces may be embedded in the batter. The Agriculture Department's Food Safety and Inspection Service announced the recall on Saturday. It covers certain "State Fair Corn Dogs on a Stick” and “Jimmy Dean Pancakes & Sausage on a Stick” products from Hillshire Brands, a Tyson Foods subsidiary. The issue was discovered after consumer complaints, with five injuries reported. The products were made between March 17 and last Friday. Consumers should either discard or return the products — and check online for further information.

How Walmart plans to prepare America's largest private workforce for an AI-driven future

BENTONVILLE, Ark (AP) — As artificial intelligence and demographic changes reshape the U.S. job market, the nation’s largest private employer is trying to identify the skills its workers and the broader labor force might need for the future. Walmart is working with other corporations and workforce experts to develop and fill jobs that don't require a college degree. In an interview with The Associated Press, CEO Doug McMillon said he thinks a lot of Americans don't know they can get trained and make a good living as truck drivers and maintenance technicians. He also said he thinks artificial intelligence has the capacity to change every job and people should embrace AI tools instead of resist them.

Asian shares trade mostly higher after Wall Street snaps its 3-day losing streak

Shares are mostly higher in Asia after Wall Street broke its three-day losing streak, trimming its losses for the week. Tokyo's Nikkei was the outlier, giving up 0.7%. China factory data are due out on Tuesday. U.S. futures edged higher early Monday and oil prices fell. On Friday, the S&P 500 rose 0.6% and the Dow Jones Industrial Average climbed 0.7%. The Nasdaq composite gained 0.4%. Stocks got some help from a report on inflation that suggested the Federal Reserve may continue cutting interest rates. President Donald Trump’s latest tariffs caused waves for some stocks but not for the broad market.

British department store Harrods warns customers that some personal details taken in data breach

LONDON (AP) — Harrods has warned some customers about a data breach involving their online systems. The luxury British department store said late Friday that names and contact details were taken after a third-party provider system was compromised. Harrods said that account passwords and payment details weren't affected. The company stated the incident was isolated and has been contained. Harrods said that it wasn't connected to a previous incident in May when hackers sought to gain access to its systems. Four people were arrested in July over their suspected involvement in cyberattacks against Harrods and other British retailers. Cyberattacks have targeted several high-profile British businesses recently.

Trump moves toward deal to give US an equity stake in company developing Nevada lithium mine

WASHINGTON (AP) — The White House is moving forward with a deal that would allow the U.S. government to take a small equity stake in a Canadian company that is developing one of the world’s largest lithium mines. The Department of Energy and Lithium Americas, developer of the proposed Thacker Pass lithium mine and processing plant in Nevada, have agreed on changes to a $2.3 billion federal loan that could allow the project to move forward to extract the silver-white metal used in electric vehicle batteries. The proposed equity stake in Vancouver-based Lithium Americas is the latest example of President Donald Trump’s administration intervening directly in private companies.

Tyla and Liza Koshy help remind the Global Citizen Festival audience of their collective power

NEW YORK (AP) — Global Citizen surpassed its fundraising goals at its annual music festival in New York’s Central Park. Headlined by Shakira and Cardi B, the event focused on Amazon rainforest protection, African energy access, and community education. More than 60,000 attendees heard from celebrities and diplomats. The festival secured commitments to provide clean energy for 4.6 million African homes. The European Union pledged over $638 million for climate-friendly energy. Global Citizen also announced over $280 million toward Amazon protection. The event emphasized global responsibility and the power of collective action to drive change.

Fed's favored inflation gauge accelerates slightly in August

WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, up from a 2.6% year-over-year increase in July and most since February. Excluding volatile food and energy prices, so-called core PCE inflation showed a 2.9% increase in prices from August 2024, same as in July.  The increases were what forecasters had expected.