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.
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NEW AND DEVELOPING
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FINANCIAL MARKETS
Stocks slip on Wall Street after last week's rally
SUMMARY: Stocks are slipping on Wall Street after a big jump last week on hopes for more interest rate cuts from the Federal Reserve. The S&P 500 fell 0.2% in morning trading Monday. The Dow Jones Industrial Average fell 110 points, or 0.3%, and the Nasdaq composite was down 0.1%. Keurig Dr Pepper slumped after saying it will buy Peet's Coffee owner JDE Peet's in a deal worth about $18 billion. Treasury yields rose in the bond market. European markets were mixed and Asian markets closed lower overnight.
WORDS: 295 - MOVED: 08/25/2025 10:08 a.m. EDT
https://newsroom.ap.org/home/search?query=itemid:7828c93e839335f2e911f3a7fdcfec26&mediaType=text
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US--KEURIG DR PEPPER-PEET'S
Dr Pepper buys Peet's for $18 billion and will split into separate coffee and cold drink sellers
SUMMARY: Keurig Dr Pepper says it will buy Peet's Coffee owner JDE Peet's in an $18 billion (15.7 billion euro) deal. When the acquisition is complete, the company plans to split into two separate companies, one focused on coffee and the other focused on beverages including Dr Pepper, Canada Dry, 7Up and energy drinks. The coffee business will have about $16 billion in combined sales and the beverage business about $11 billion. In addition to Peet's, Amsterdam-based JDE Peet's brands include L'OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super and Moccona.
WORDS: 387 - MOVED: 08/25/2025 9:22 a.m. EDT
https://newsroom.ap.org/home/search?query=itemid:904c356a8eb57a6b256b7f45a0f59d8d&mediaType=text
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US--CLIMATE-PATCHY CORN POLLINATION
To get that perfect ear of corn, weather has to cooperate. But climate change is making it dicier
SUMMARY: Climate change is fueling conditions across several states that make watching the corn grow a nail-biter for farmers. Factors like consistently high summer overnight temperatures and heavier-than-usual rains at the wrong time can all disrupt the plants' pollination -- making each full ear of corn less of a guarantee and more of a gamble. Corn growers got lucky overall this year with some late-season weather that contributed to what is now predicted to be a record bumper crop. But for farmers and experts alike, climate change is intensifying the waiting game during a critical time of year between planting and harvest.
WORDS: 1113 - MOVED: 08/25/2025 9:01 a.m. EDT
https://newsroom.ap.org/home/search?query=itemid:4762f4eedaa22d0d3cbe41164319f4f3&mediaType=text
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