AP National Business

By AAMER MADHANI and CHRIS MEGERIAN Associated Press SEOUL, South Korea (AP) — President Biden on Saturday signed legislation to support Ukraine with an additional $40 billion in U.S. assistance as the Russian invasion approaches its fourth month. The legislation, which was passed by Congress with bipartisan support, deepens the U.S. commitment to Ukraine at

By GRANT PECK Associated Press BANGKOK (AP) — Delegates from the United States and four other nations have staged a walkout when a representative from Russia began his opening remarks at a meeting of trade ministers of the Asia-Pacific Economic Cooperation group in the Thai capital. Officials from the U.S, Japan, Australia, New Zealand and

By AAMER MADHANI and JOSH BOAK Associated Press SEOUL, South Korea (AP) — U.S. President Joe Biden and South Korean President Yoon Suk Yeol said after meeting Saturday that they will consider expanded joint military exercises to deter the nuclear threat from North Korea at a time when there’s little hope of real diplomacy on

By ELENA BECATOROS, OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press POKROVSK, Ukraine (AP) — Concern mounted Saturday over Ukrainian fighters who became prisoners at the end of Russia’s brutal three-month siege of Mariupol, as a Moscow-backed separatist leader vowed they would face tribunals. Russia claimed full control of the Azovstal steel plant, which for weeks

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — Boeing’s astronaut capsule has arrived at the International Space Station in a critical repeat test flight. Only a test dummy was aboard the capsule for Friday’s docking, a huge achievement for Boeing after years of false starts. The only other time Boeing’s Starliner flew

PLANO, Texas (AP) — The actor who played the Red Power Ranger in the “Mighty Morphin Power Rangers” films and television series has been charged with wire fraud conspiracy relating to the COVID-19 Paycheck Protection Program. The FBI said Jason Lawrence Geiger is one of 19 defendants named in the federal indictment. He was arrested

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Ross Stores, Applied Materials fall; Palo Alto, Deckers rise.

The Associated Press The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. The S&P 500 ended 18.7% below the record high it set in early January. A 20% decline would have been considered the beginning of a bear

The Associated Press Benchmark U.S. crude oil for June delivery rose $1.02 to $113.23 a barrel Friday. Brent crude for July delivery rose 51 cents to $112.55 a barrel. Wholesale gasoline for June delivery rose 1 cent to $3.84 a gallon. June heating oil fell 5 cents to $3.74 a gallon. June natural gas fell

By BASSEM MROUE Associated Press BEIRUT (AP) — Lebanon’s information minister says the country’s outgoing government has approved a recovery plan for pulling the Mideast nation out of its economic meltdown. The development on Friday came during the Cabinet’s last official meeting before it becomes a caretaker government following last weekend’s parliamentary elections. The plan

SAN FRANCISCO (AP) — A federal judge has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, the company and a Musk supporter. In an order filed Thursday, U.S. District Judge James Donato in California said the case filed by Aaron Greenspan fell short of making plausible claims.

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Former President Donald Trump has paid the $110,000 in fines he racked up after being held in contempt of court for being slow to respond to a civil subpoena issued by New York’s attorney general. Trump paid the fine Thursday but must still submit additional

By MOLLY QUELL Associated Press THE HAGUE, Netherlands (AP) — The long-serving Dutch prime minister is facing unusual political and public pressure after revelations that he has been deleting text messages about official matters for years. Critics accuse Prime Minister Mark Rutte of concealing state activity. But he says the messages just took up too

By DAVID RISING Associated Press BANGKOK (AP) — The top U.S. trade negotiator says with world economies all suffering from more than two years of the coronavirus pandemic and global supply problems exacerbated by Russia’s invasion of Ukraine, the United States has an “incredible opportunity” to engage with other nations and forge new partnerships and

By DAVID BAUDER and LYNN ELBER Associated Press Writers They never even made it onto the stage. There were constant reminders of the diminished influence of broadcast television networks this past week, when entertainment companies Paramount, Disney, Warner Bros. Discovery, NBC Universal and Fox hawked their upcoming wares to advertisers in flashy New York presentations.

By SARAH RANKIN Associated Press RICHMOND, Va. (AP) — Federal officials have accused a company that runs a Virginia facility breeding dogs for research of violating animal welfare law and recently seized at least 145 beagles found to be in acute distress. That’s according to a lawsuit the government filed Thursday against Envigo RMS. The

MILAN (AP) — Netflix has agreed to pay more than $59 million to settle a tax dispute in Italy. Milan prosecutors said Friday that the payment covers taxes, penalties and interest from October 2015 through 2019. The streaming service also established an Italian subsidiary this year, which will determine its Italian tax burden based on

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan is welcoming a new U.S. economic initiative for the Indo-Pacific that President Joe Biden is expected to roll out during a visit to Tokyo next week because it demonstrates American commitment to a regional economic order that is not just about market access. Biden is proposing

BERLIN (AP) — The Group of Seven wealthy democracies has announced plans to strengthen epidemiological early-warning systems to detect infectious diseases with pandemic potential. Germany’s health minister said Friday that an existing World Health Organization office in Berlin would be used to gather and analyze data more quickly. Health Minister Karl Lauterbach said the G-7

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Finland’s state-owned energy company says Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles. It’s the latest escalation over European energy amid the war in Ukraine

BERLIN (AP) — Russian state energy company Rosneft says former German Chancellor Gerhard Schroeder plans to leave its board of directors as a backlash over his ties with Russia and its energy sector mounts. Schroeder is the chairman of Rosneft’s board. The company said Friday that Schroeder announced “the impossibility of extending his powers on

By SARA RATHNER of NerdWallet Being in debt can affect every corner of your life, like your relationships and career decisions. It can cause stress, leading to physical symptoms including insomnia and stomach aches. Debt can also bring up negative emotions like guilt, anger, shame and a sense of hopelessness. But you don’t have to

By DANICA KIRKA Associated Press LONDON (AP) — U.S. House Speaker Nancy Pelosi is facing criticism from the leader of Northern Ireland’s biggest unionist party after saying Congress won’t approve a trade deal with the U.K. if Britain scraps the agreement governing post-Brexit trade on the Irish island. The trans-Atlantic sparring comes after British Prime

BERLIN (AP) — Germany’s parliament has gave final clearance to a plan that will allow people to use local transport across the country for just 9 euros ($9.50) per month this summer, a plan that has drawn praise but also plenty of criticism. The government also plans a three-month cut in fuel taxes. Parliament’s upper

By FRANK JORDANS Associated Press BERLIN (AP) — A court in Germany cast has doubt on claims by a German farmer that automaker Volkswagen is partly responsible for the impact that global warming is having on his family business. The plaintiff alleges that drier soil and heavier rains due to climate change are harming his

BERLIN (AP) — The European Union’s law enforcement agency says authorities in six countries have worked with music streaming service SoundCloud to detect and delete hundreds of files containing extremist propaganda. Europol said Friday that the plan was initiated by Germany’s Federal Criminal Police Office and the EU Internet Referral Unit, and that authorities in

By COLLEEN BARRY AP Business Writer MILAN (AP) — Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for materials skyrocketed. He can’t complete a half-built roundabout at an intersection known for fender-benders because asphalt, cast-iron pipes and concrete are too expensive — prices exacerbated by Russia’s war

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which sits at the heart of

COMPTON, Calif. (AP) — A judge says a driver who used a Tesla on autopilot must stand trial for a crash near Los Angeles that killed two people. The judge ruled Thursday that there’s enough evidence to try 27-year-old Kevin Riad for manslaughter. He’s pleaded not guilty to the charges. Prosecutors say Riad’s Tesla Model

By BHARATHA MALLAWARACHI, KRUTIKA PATHI and JOE McDONALD Associated Press COLOMBO, Sri Lanka (AP) — China says its initiative to build ports and other infrastructure across Asia and Africa, paid for with Chinese loans, will boost trade. But Sri Lanka’s multibillion-dollar debt to Beijing threatens to hold back efforts to resolve a financial crisis so

By AAMER MADHANI and JOSH BOAK Associated Press PYEONGTAEK, South Korea (AP) — President Joe Biden opened his trip to Asia on Friday by touring a South Korean computer chip factory that will be the model for a plant in Texas, holding it out as an illustration of how deeper ties with the Indo Pacific

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankan authorities closed schools and asked public officials not to come to work in a desperate move to prepare for an acute fuel shortage that is expected to last days amid the nation’s worst economic crisis in decades. The Public Administration Ministry asked the

By AMANDA SEITZ Associated Press WASHINGTON (AP) — Nina Jankowicz, like so many millennials, was excited to share a social media post announcing her new job on Twitter late last month when she was named executive director for a new disinformation board established by the Department of Homeland Security. But instead of well-wishes, Jankowicz’s tweet

By ELENA BECATOROS, OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press POKROVSK, Ukraine (AP) — Russia claimed to have captured Mariupol on Friday in what would be its biggest victory yet in its war with Ukraine, after a nearly three-month siege that reduced much of the strategic port city to a smoking ruin, with over 20,000

By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — North Korea says that nearly 10% of its 26 million people have fallen ill and 65 people have died amid its first COVID-19 outbreak. Outside experts question the validity of its reported fatalities and worry about a possible humanitarian crisis. Some observers say North Korea

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — Boeing’s crew capsule has blasted off on a repeat test flight to the International Space Station. Only a test dummy was on board for Thursday’s launch from Cape Canaveral. It’s Boeing’s third shot at the flight demo. Two previous attempts were marred by software

By CATHY BUSSEWITZ AP Energy Writer NEW YORK (AP) — The federal government is investing in machines that suck giant amounts of carbon dioxide out of the air in the hopes of reducing damage from climate change. The Department of Energy says it will release $3.5 billion to groups developing direct air capture and other

By ALANNA DURKIN RICHER Associated Press BOSTON (AP) — Two men convicted of buying their kids’ way into school as part of the college admissions bribery scheme can stay out of prison while they appeal their cases. U.S. District Judge Nathaniel Gorton ruled Thursday that John Wilson and Gamal Abdelaziz can remain free on bail

The Associated Press Stocks ended another volatile day lower on Wall Street Thursday, bringing the market closer to its first bear market since the beginning of the pandemic. The S&P 500, the benchmark for many index funds, fell and is now down 18.7% from the record high it set early this year, nearly at the

By ROB GILLIES Associated Press TORONTO (AP) — Wireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government said Thursday, joining allies in banning the giant Chinese technology company. Canada had been the only member of the Five Eyes intelligence-pooling alliance not to bar or restrict

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Cisco, Monro fall; BJ’s Wholesale Club, Synopsis rise.

The Associated Press Benchmark U.S. crude oil for June delivery rose $2.62 to $112.21 a barrel Thursday. Brent crude for July delivery rose $2.93 to $112.04 a barrel. Wholesale gasoline for June delivery rose 11 cents to $3.83 a gallon. June heating oil rose 12 cents to $3.79 a gallon. June natural gas fell 6

By NICOLE WINFIELD Associated Press VATICAN CITY (AP) — The Vatican’s financial trial has taken a surreal turn with a defendant asserting she escorted two emissaries of Russian President Vladimir Putin into the Holy See to negotiate the return of relics to the Russian Orthodox Church. The negotiations failed. But the fantastical narrative recounted by

By BARBARA ORTUTAY AP Technology Writer WhatsApp parent Meta is moving forward with its push to attract businesses to its popular chat app. Its part of an effort to find new ways to make money beyond targeted advertisements on its other platforms, Facebook and Instagram. Meta unveiled a developer tool, WhatsApp Cloud API, to businesses

The Associated Press DENVER (AP) — Colorado’s Supreme Court has ruled in favor of a woman who expected to pay about $1,300 for back surgery but was charged more than $300,000 by a suburban Denver hospital. This week’s ruling follows efforts by many U.S. states and the federal government to require transparency in hospital pricing

By STAN CHOE AP Business Writer NEW YORK (AP) — After starting as a niche corner of the finance world, ESG investing has since exploded to become a major force on Wall Street _ and the latest front in the nation’s cultural schism. To use an ESG approach is to consider a company’s performance on

By MATTHEW BROWN and MATTHEW DALY Associated Press BILLINGS, Mont. (AP) — President Joe Biden’s order to protect the nation’s oldest forests against climate change, wildfires and other problems devastating vast woodlands is raising a simple yet vexing question: When does a forest grow old? Millions of acres are potentially on the line — federal

By SALLY FRENCH of NerdWallet Many major hotel chains are embracing all-inclusive offerings. For example, Hyatt recently announced an integration with AMR Collection brands, a group of about 100 all-inclusive resorts. Others, including Walt Disney World Resort, are workshopping the all-inclusive model, offering more specialized entertainment or outdoor access. These vacation packages are attractive to

By MATTHEW DALY Associated Press WASHINGTON (AP) — A closely divided House has approved legislation to crack down on alleged price gouging by oil companies as prices at the pump continue to soar. A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency that would make it unlawful

By DAVID KLEPPER Associated Press SAN FRANCISCO (AP) — Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis. Starting Thursday, the platform will no

By JIM SALTER Associated Press In the five months that Jennifer Anne Hall was a respiratory therapist at Hedrick Medical Center, the rural Missouri hospital experienced 18 “code blue” incidents — an alarming increase in sudden cardiac arrest events for a hospital that historically averaged one of them a year, according to a police investigator.

By JARI TANNER Associated Press HELSINKI (AP) — A small brewery in Finland has launched a NATO-themed beer to mark the Nordic country’s bid to join the Western military alliance. Olaf Brewing’s OTAN lager features a blue label with a cartoon version of a beer-drinking medieval knight in metal armor emblazoned with NATO’s compass symbol.

By DAVID KLEPPER Associated Press As Ukrainian refugees flooded into Poland to escape Russia’s invasion, a hacking group aligned with the Kremlin tried to spread rumors and hoaxes intended to divide Ukraine from its allies. In one bizarre disinformation campaign, the hacking group known as Ghostwriter sought to spread rumors that Polish criminals were waiting

By ANDREW WELSH-HUGGINS Associated Press COLUMBUS, Ohio (AP) — House lawmakers have approved a symbolic resolution calling for the restoration of the Ohio State University’s football team’s 2010 season that was vacated after a memorabilia-for-cash scandal. The resolution sponsored by Rep. Brian Stewart, an Ohio State graduate, calls on the NCAA to reinstate the team’s

By ALEX VEIGA AP Business Writer Sales of previously occupied U.S. homes slowed in April for the third month in a row as mortgage rates surged, driving up borrowing costs for would-be homebuyers as home prices soared to new highs. The National Association of Realtors said Thursday that existing home sales fell 2.4% last month

Associated Press Harley-Davidson is announcing a two-week suspension of vehicle assembly and most shipments, citing a regulatory compliance issue with one of its suppliers. Company shares tumbled almost 8% Thursday. Harley-Davidson says the decision was made “out of an abundance of caution” after the company received information from a supplier of one of its component

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation. Michael Barr said he would be strongly committed to bringing down inflation to the Federal Reserve’s target of 2%.

By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates retreated modestly this week, but interest on the key 30-year loan remains at decade-high levels. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate slipped to 5.25% from 5.3% last week. By contrast, the average rate stood at 3% a

By DEE-ANN DURBIN AP Business Writer McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between the United States and Soviet Union. It shuttered all Russian locations in March because of Russia’s invasion of Ukraine. The Chicago burger giant said

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The Food and Drug Administration’s commissioner says a shuttered baby formula factory could be up and running by next week. FDA Commissioner Robert Califf faced congressional anger Thursday for not answering questions about whether his agency should have intervened earlier at the Michigan plant tied to

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Kohl’s Corp. cut its earnings forecast, as the department store joins a string of retailers stung with soaring inflation. The reduction followed weaker-than-expected first-quarter results. Like many department stores, Kohl’s had struggled before the pandemic, but the health crisis wielded a big blow to sales.

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Rising interest rates are making adjustable-rate mortgages a more attractive alternative to common 30-year, fixed-rate home loans. ARMs made up 13% of all home loans by dollar volume in March, their highest share since January 2020, according to CoreLogic. The increase coincides with a sharp

By R.J. RICO Associated Press Practically every minute of every hour, someone sends a tweet to Bill Pulte, a 33-year-old private-equity investor and heir to the mammoth PulteGroup homebuilding company. And, nearly every day, Pulte responds. He sent $500 for a man who sent a video showing his missing teeth. He gave $125 for a

By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low. Applications for unemployment benefits rose by 21,000 to 218,000 for the week ending May 14, the Labor Department reported Thursday. First-time applications generally track

GENEVA (AP) — The World Health Organization has granted an emergency use authorization for the coronavirus vaccine made by China’s CanSino Biologics. It’s the 11th coronavirus vaccine to receive WHO’s green light. In a statement on Thursday, the U.N. health agency said the single-dose vaccine was found to be about 92% effective against severe COVID-19

ISLAMABAD (AP) — Pakistan’s currency has plummeted to an all-time record low in intraday trading against the U.S. dollar amid uncertainty about the success of crucial talks between the International Monetary Fund and the government of Prime Minister Shahbaz Sharif, which is considering massive new taxation to avoid a default. According to the central bank,

MILAN (AP) — An Italian tugboat with six people aboard capsized and sank in the Adriatic Sea, leaving five crew members missing, Italian authorities said Thursday. The Coast Guard and other authorities were searching for four Italians and one Tunisian sailor. Authorities said the search was complicated by high winds. Just the captain survived, rescued

By EDNA TARIGAN Associated Press JAKARTA, Indonesia (AP) — Indonesia is lifting a monthlong ban on palm oil export, citing improvements in the supply and domestic price of bulk cooking oil. President Joko Widodo says exports will resume on Monday. Indonesia and Malaysia are the world’s largest exporters of palm oil, which plays an important

By MICHELLE CHAPMAN AP Business Writer Spirit Airlines is advising shareholders to reject a tender offer for shares from JetBlue three days after it went hostile in its bid to create what would be the nation’s fifth largest airline. Spirit repeated Thursday that any attempt to merge with JetBlue would face substantial regulatory hurdles, largely

LONDON (AP) — Britain has frozen the assets of three Russian airlines, preventing them from selling landing slots at U.K. airports that are worth up to $62 million. The new sanctions Thursday over Russia’s war in Ukraine stop state-owned Aeroflot, Rossiya Airlines and Ural Airlines from transferring the valuable landing rights. Those rights are going

DETROIT (AP) — Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls, including about 39,000 that should be parked outdoors because the engines can catch fire. Ford says in U.S. government documents posted Thursday that it doesn’t know what’s causing fires in some 2021 Ford

By FATIMA HUSSEIN and FRANK JORDANS Associated Press KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies are grappling with deepening inflation concerns and the immediate effects of Russia’s war in Ukraine, with U.S. Treasury Secretary Janet Yellen warning that it all adds up to a “very difficult economic situation.” Yellen

STOCKHOLM (AP) — European health officials say that 266 confirmed cases and 58 suspected cases of an outbreak of salmonella infection linked to chocolate Easter eggs have now been reported throughout Europe and in North America, the vast majority in children. The European Center for Disease Prevention and Control said that 86.3% of the cases

By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s health minister is warning that the coronavirus pandemic is not over yet. Health Minister Karl Lauterbach noted the sharp rise in cases in some Asian countries such as North Korea but also parts of Europe. Lauterbach said that “in Germany, too, an average of 130 to

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — At Lautoka harbor in the heart of Fiji’s sugar cane region, five U.S. federal agents boarded the Russian-owned Amadea, a luxurious superyacht the length of a football field. “They want to take 20 crew and sail east!” the ship’s captain wrote in a frantic May

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices fell more than $1 per barrel. Wall Street’s benchmark S&P

BIRMINGHAM, Ala. (AP) — Alabama coach Nick Saban called out Texas A&M, saying the school was “buying” players with name, image and likeness deals. The Aggies signed the top recruiting class in the country earlier this year. While speaking at an event in Birmingham, Alabama, Saban also mentioned Jackson State and Miami as schools that

By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — The fate of hundreds of Ukrainian fighters who surrendered after holding out against punishing attacks on Mariupol’s steel factory hung in the balance Thursday, amid international fears that the Russians may take reprisals against the prisoners. The International Committee of the Red Cross

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand’s government says it will hand out an extra few hundred dollars to more than 2 million lower-income adults to help them navigate what it describes as “the peak of the global inflation storm.” The payments are part of a package of new measures

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan has recorded a trade deficit in April as imports ballooned 28% as energy prices soared while the yen remained weak. The Ministry of Finance said Thursday that Japan’s exports rose 12.5% from a year earlier. Japan’s trade balance has fluctuated in recent years partly because

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — North Korea has reported 262,270 more suspected COVID-19 infections as its pandemic caseload nears 2 million. The new suspected cases were reported Thursday, a week after the country acknowledged its outbreak and scrambled to slow transmissions. North Korea’s outbreak could be worse than reported because

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — The stock market’s slump this year briefly pulled the S&P 500 into what’s known as a bear market Friday, before a late rally put the index in the green. Rising interest rates, high inflation, the war in Ukraine and a slowdown in

By ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Family Dollar says it’s closing an Arkansas distribution facility that prompted a recall of numerous products after more than 1,000 rodents were found. The company said Wednesday it will close the West Memphis facility by the end of October. The closure will affect about 300

The Associated Press Stocks closed sharply lower on Wall Street Wednesday as dismal results from Target renewed fears that inflation is battering U.S. companies. The S&P 500, the benchmark for many index funds, slumped. Target lost a quarter of its value, dragging other retailers down with it, after saying its profit fell by half in

By TOM KRISHER AP Auto Writer DETROIT (AP) — The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system. The National Highway Traffic Safety Administration on Wednesday confirmed that it had

By SCOTT SONNER Associated Press RENO, Nev. (AP) — A federal judge has ruled the Trump administration acted illegally in 2020 when it withdrew an earlier proposal to list as threatened a hen-sized bird found only in the high desert along the California-Nevada line. It’s the latest development in the on-again, off-again protection of the