AP National Business

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s new prime minister wants to privatize the country’s loss-making national airline as part of reforms aimed at solving the country worst economic crisis in decades. Prime Minister Ranil Wickremesinghe says he plans to propose a special relief budget that will take the place

By DAVID BAUDER and LYNN ELBER AP Entertainment Writers NEW YORK (AP) — During a week in mid-May, broadcast television networks traditionally unveil their fall plans in flashy presentations before advertisers in New York. Fox is no different, but this year the network is trying something new by not announcing its schedule. TV schedules are

By MATTHEW PERRONE and ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden’s administration has announced new steps to ease the national shortage of baby formula, including allowing more imports from overseas. Officials also reached an agreement to restart a shuttered baby formula factory from Abbott, the largest in the U.S.. Neither step will

By MORGAN LEE and MEAD GRUVER Associated Press SANTA FE, N.M. (AP) — Government budgets are booming in New Mexico: Teacher salaries are up, residents can go to an in-state college tuition-free, moms will get medical care for a year after childbirth, and criminal justice initiatives are being funded to reduce urban violence. The reason

By The Associated Press Russia will take control of French car manufacturer Renault’s operations in the country and resurrect a Soviet-era auto brand. The news Monday marks the first major nationalization of a foreign business since the war with Ukraine began. Renault says it would sell its majority stake in Avtovaz to a state-run research

By DAVID BAUDER AP Media Writer NEW YORK (AP) — A racist ideology seeping from the internet’s fringes into the mainstream is being investigated as a motivating factor in the supermarket shooting that killed 10 people in Buffalo, New York. Most of the victims were Black. Ideas from the “great replacement theory” filled a racist

By MICHELLE CHAPMAN and DEE-ANN DURBIN AP Business Writers Starbucks says it will pay travel expenses for U.S. employees to access abortion or gender-confirmation procedures if those services aren’t available within 100 miles of a worker’s home. The Seattle coffee chain says the benefit will also be available to dependents of employees enrolled in its

The Associated Press NEW YORK (AP) — Washington, D.C.-based investment firm Carlyle Group is buying defense contractor ManTech in an all-cash deal valued at $4.2 billion, the companies announced Monday. Shareholders of Virginia-based ManTech will receive $96 per share in cash, a 32% premium on ManTech’s closing share price of $72.82 on February 2, the

By KARL RITTER Associated Press STOCKHOLM (AP) — Turkey´s president on Monday complicated Sweden and Finland´s historic bid to join NATO, saying he cannot allow them to become members of the alliance because of their perceived inaction against exiled Kurdish militants. President Recep Tayyip Erdogan doubled down on comments last week indicating that the two

By LORNE COOK Associated Press BRUSSELS (AP) — Finland and Sweden have signaled their intention to join NATO over Russia’s war in Ukraine and things will move fast once they formally apply for membership in the world’s biggest security alliance. Russian President Vladimir Putin has already made clear that there would be consequences if the

By LIZ WESTON of NerdWallet Home values have been soaring — but the amount of home sale profit you can shelter from taxes has not. The $250,000/$500,000 exemption hasn’t changed since it was created in 1997, even though median home prices have almost tripled. That means more people face capital gains taxes when selling their

BRUSSELS (AP) — The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war in Ukraine and disruptions to energy supplies. The EU’s executive arm said Monday that gross domestic product will expand 2.7% this year and 2.3% in 2023. It’s the European Commission’s

By DAVID KOENIG and MICHELLE CHAPMAN AP Business Writers JetBlue is going hostile in its bid for Spirit Airlines. And it’s asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines. Spirit shareholders are scheduled to vote June 10 on the Frontier bid, which is favored by Spirit’s board. Spirit has cited

By DAVID KOENIG and DEE-ANN DURBIN AP Business Writers McDonald’s is closing its doors in Russia, ending an era of optimism and increasing the country’s isolation over its war in Ukraine. The Chicago burger giant confirmed Monday that it is selling its 850 restaurants in Russia. McDonald’s said it will seek a buyer who will

By LORNE COOK Associated Press BRUSSELS (AP) — The European Union’s efforts to impose new sanctions on Russia over the war in Ukraine appear to have bogged down. A small group of countries dependent on Russia for energy supplies oppose a ban on oil imports. The group is led by Hungary and includes the Czech

By JOSH BOAK Associated Press WASHINGTON (AP) — It’s been six months since President Joe Biden signed his $1 trillion infrastructure package into law. The government said Monday there are 4,300 projects underway with more than $110 billion in funding announced. The Biden administration is publicly heralding that achievement as this year’s midterm politics intensify.

By JILL LAWLESS Associated Press LONDON (AP) — Prime Minister Boris Johnson has renewed British threats to break a Brexit agreement with the European Union. Johnson is blaming the bloc for a political crisis that’s blocking the formation of a new government in Northern Ireland. The Democratic Unionist Party says it will boycott the Belfast

By TIA GOLDENBERG Associated Press REHOVOT, Israel (AP) — It was a crime that a quarter of a century later is still widely remembered for its grisly details. Harel Hershtik planned and executed a murder when he was 20 years old. Today, he’s the brains behind an Israeli health-tech startup, poised to make millions of

BEIJING (AP) — Most of Shanghai has stopped the spread of the coronavirus in the community and fewer than 1 million people remain under strict lockdown, authorities said Monday, as the city moves toward reopening and economic data showed the gloomy impact of China’s “zero-COVID” policy. Vice Mayor Zong Ming said 15 out of Shanghai’s

By JOE McDONALD AP Business Writer BEIJING (AP) — Government data show China’s factory and consumer activity were even worse than expected in April as anti-virus controls shut down businesses. But a Cabinet official said the sluggish economy is reviving as anti-virus curbs are eased and its commercial capital of Shanghai reopens. The slump in the

By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — The regiment that doggedly defended a steel mill as Ukraine’s last stronghold in the port city of Mariupol completed its mission Monday after more than 260 fighters, including some badly wounded, were evacuated and taken to areas under Russia’s control, Ukrainian officials said.

By ELAINE KURTENBACH AP Business Writer Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong advanced nearly 2.5% and other regional benchmarks were moderately higher. Oil prices slipped. Signs of progress in China’s effort to bring outbreaks of coronavirus under control appeared to

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions. The government said it plans to spend 569 million New Zealand

By KIM TONG-HYUNG and HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — North Korean leader Kim Jong Un criticized officials over slow medicine deliveries and mobilized the military to respond to a surge in suspected COVID-19 infections, as his nation struggled to contain a fever that has reportedly killed dozens and sickened nearly a

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Social platforms have learned to remove violent videos of extremist shootings more quickly over the past few years. It’s just not clear they’re moving quickly enough. Police say that when a white gunman killed 10 people and wounded three others — most of them Black

By KATHLEEN FOODY Associated Press CHICAGO (AP) — The Chicago Reader, the city’s famed alt-weekly, is expected to become a nonprofit this month after the sale was nearly derailed over a co-owner’s column opposing COVID-19 vaccine requirements for children. The publication was on track to be sold to the new nonprofit last year until the

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson is heading to Northern Ireland to try to end a political deadlock that is preventing the formation of a regional administration. The trip on Monday comes as Britain threatens to break the Brexit agreement with the European Union that it blames for

By LINDSEY BAHR AP Film Writer “Doctor Strange in the Multiverse of Madness” stayed on top of the box office charts during its second weekend in theaters, earning an additional $61 million from North American theaters, according to studio estimates Sunday. With $688 million in global grosses, it’s already one of the highest grossing films

JERUSALEM (AP) — Israel’s Supreme Court has rejected four petitions that sought to derail controversial plans to build a cable car to Jerusalem’s Old City, paving the way for the project to progress. The court on Sunday struck down objections filed by Palestinian residents of east Jerusalem, environmentalists, urban planners, archaeologists and a small community

By JAMEY KEATEN Associated Press BERLIN (AP) — With Finland and Sweden inching closer to applying for NATO membership amid Russia’s war in Ukraine, the list of “neutral” or nonaligned countries in Europe appears poised to shrink. Security concerns over the war have changed the calculus for Finland and Sweden, and caused other traditionally “neutral”

By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Shanghai officials say they will allow some businesses to reopen Monday, even while it remains unclear whether residents will be able to leave their homes. Those businesses include supermarkets, agricultural markets and restaurants. City residents are waiting cautiously to see how the new measures will actually

By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — North Korea has confirmed 15 more deaths and hundreds of thousands of additional patients with fevers as it mobilizes more than a million health and other workers to try to suppress the country’s first COVID-19 outbreak, state media reported Sunday. After maintaining a widely disputed

By FRANK JORDANS and JARI TANNER Associated Press BERLIN (AP) — Finland’s government declared a “new era” is underway as it inches closer to seeking NATO membership, hours before Sweden’s governing party on Sunday backed a plan to join the trans-Atlantic alliance amid Russia’s war in Ukraine. Russia has long bristled about NATO moving closer

By ASHOK SHARMA Associated Press NEW DELHI (AP) — India says it will keep a window open to export wheat to food-deficit countries at the government level despite an export ban announced on Friday. India’s Commerce Secretary B.V.R. Subrahmanyam told reporters Sunday the government will also allow private exporters to meet previous commitments to export

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine. The bumper

By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — Almost three months after Russia shocked the world by invading Ukraine, its military faces a bogged-down war, the prospect of a bigger NATO, and an opponent buoyed Sunday by wins on and off the battlefield. Top diplomats from NATO met in Berlin with

LOS ANGELES (AP) — The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 has agreed to pay $230 million to settle a class-action lawsuit brought by fishermen and property owners. According to court documents Houston-based Plains All American Pipeline has agreed to pay $184

TEHRAN, Iran (AP) — An Iranian lawmaker says one person was killed in his city during recent unrest over price increases in the southwestern Khuzestan province. Semi-official ILNA news agency reported Saturday that Ahmad Avaei, a member of parliament from Dezful, did not give the name or gender of the person killed, or say how

By BARBARA ORTUTAY AP Technology Writer SAN FRANCISCO (AP) — A toxic cesspool. A lifeline. A finger on the world’s pulse. Twitter is all these things and more to its over 229 million users around the world — politicians, journalists, activists, celebrities, weirdos and normies, cat and dog lovers and just about anyone else with

By REGINA GARCIA CANO Associated Press CARACAS, Venezuela (AP) — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism. The government on Monday intends to offer 5% to 10% stakes in companies ranging from telephone and internet service providers to

By JARI TANNER Associated Press HELSINKI (AP) — Russian President Vladimir Putin warned his Finnish counterpart Saturday that relations between the two neighbors could be “negatively affected” if Finland follows through with plans to apply for NATO membership. The Kremlin’s press service said in a statement that Putin told Sauli Niinisto Finland’s abandonment “of its

By BHARATHA MALLAWARACHI and KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president swore in four new Cabinet ministers Saturday in an effort to ensure stability until a full Cabinet is formed in the island nation engulfed in a political and economic crisis. President Gotabaya Rajapaksa swore in new ministers of foreign

By FRANK JORDANS Associated Press WEISSENHAUS, Germany (AP) — The Group of Seven leading economies have warned that the war in Ukraine is stoking a global food and energy crisis that threatens poor countries. They said urgent measures are needed to unblock stores of grain that Russia is preventing from leaving Ukraine. In a statement

NEW DELHI (AP) — India has banned exports of wheat effective immediately. A notice in the government gazette by the Directorate of Foreign Trade said a spike in global prices for wheat had put the food security of India and neighboring and vulnerable countries at risk. Ukraine and Russia account for a third of global

By PAUL J. WEBER Associated Press AUSTIN, Texas (AP) — Republicans aiming to retake control of Congress have already sharpened a message centering around blaming Democrats for high inflation, expensive gas, migrants crossing the U.S.-Mexico border and violent crime in some cities. But GOP leaders landed on an issue this week that it hopes could

By OLEKSANDR STASHEVSKYI and DAVID KEYTON Associated Press KYIV, Ukraine (AP) — Ukraine says Russian forces are withdrawing from around Ukraine’s second-largest city after bombarding it for weeks. Officials say Moscow’s troops are pulling back from Kharkiv in the northeast while launching mortar, artillery and airstrikes in the eastern province of Donetsk. According to Ukraine’s

By The Associated Press Lawyers for more than two dozen Jewish passengers say they will sue German airline Lufthansa for what they termed an antisemitic incident last week. Lawyers from the American Center for Law & Justice, a conservative group in Washington, say they will detail their clients’ demands next week. Lufthansa apologized for the

By MIKE CATALINI and PAT EATON-ROBB Associated Press The U.S. baby formula shortage has sparked a surge of interest at milk banks around the U.S. with some mothers offering to donate breast milk and desperate parents calling to see if it’s a solution to keep their babies fed. It’s a pathway that won’t work for

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Tesla, Occidental rise; New Relic, Merck fall.

By AMY TAXIN Associated Press HUNTINGTON BEACH, Calif. (AP) — California officials have nixed a proposal for a $1.4 billion desalination plant but say they’re open to growing the state’s capacity to turn Pacific Ocean seawater into drinking water to buffer against persistent drought. After an hours-long hearing, members of a state coastal panel on

By MICHAEL R. BLOOD Associated Press LOS ANGELES (AP) — Gov. Gavin Newsom is proposing a temporary tax cut for California’s ailing marijuana industry, but businesses say it falls short of what’s needed to revive the shaky pot economy. Broad legal sales began in 2018, but the industry has struggled with hefty taxes, regulation and

The Associated Press Benchmark U.S. crude oil for June delivery rose $4.36 to $110.49 a barrel Friday. Brent crude for July delivery rose $4.10 to $111.55 a barrel. Wholesale gasoline for June delivery rose 17 cents to $3.96 a gallon. June heating oil was unchanged at $3.92 a gallon. June natural gas fell 8 cents

By FABIOLA SÁNCHEZ, MAURICIO SAVARESE and DANIEL POLITI Associated Press MEXICO CITY (AP) — No item is more essential to Mexican dinner tables than the corn tortilla. But the burst of inflation that is engulfing Latin America and the rest of the world means that people like Alicia García, a cleaner at a restaurant in

By MATT OTT and KEN SWEET AP Business Writers NEW YORK (AP) — It’s been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry’s highest-profile companies lost a third of its market value. Here’s a look at some major developments in cryptocurrencies

By ED WHITE Associated Press DETROIT (AP) — A Michigan court has reinstated a lawsuit against ESPN by a former college gymnastics coach at Central Michigan University. Jerry Reighard claims he was defamed on Twitter by an ESPN reporter linking him to disgraced sports doctor Larry Nassar and a controversial coach. The appeals court found

Associated Press Elon Musk announced on Friday that his plan to buy Twitter in a proposed $44 billion deal is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts it has. Here’s a look at some of what’s transpired between the billionaire Tesla CEO and the social media

The Associated Press The 2021-2022 ski season was record-breaking in the total number of skier visits to resorts around the country, the National Ski Areas Association announced Friday. The national figure of 61 million skier visits was up 3.5% from the previous season, according to the trade group based in Colorado. “This record visitation signals

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — As a federal judge weighs Donald Trump’s lawsuit seeking to halt a civil investigation into his business practices, a lawyer for the New York attorney general’s office said Friday that evidence found throughout the three-year probe could support legal action against the former president, his

CHICAGO (AP) — United Airlines and its pilots’ union say they have a tentative agreement on a new contract. Neither side released details of the deal on Friday. But the heads of United and the Air Line Pilots Association are both calling it an industry-leading contract. The deal is notable because it happens while tension

By JILL LAWLESS Associated Press LONDON (AP) — Northern Ireland’s second-biggest political party on Friday blocked the formation of a working legislature in Belfast, and said it would keep up the boycott until the U.K. government tears up post-Brexit trade rules it accuses of destabilizing the region. The Democratic Unionist Party’s move deepens Northern Ireland’s

By TODD RICHMOND Associated Press MADISON, Wis. (AP) — The Justice Department says a federal grand jury has charged a milling company with fraud and conspiracy in connection with an explosion at a Wisconsin corn plant that killed five workers in 2017. The grand jury returned an indictment earlier this week against Didion Milling Inc.

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Americans have bet more than $125 billion on sports with legal gambling outlets in the four years since a U.S. Supreme Court ruling cleared the way for all 50 states to offer it. On Saturday’s anniversary of the decision in a case brought by New

By ASHIFA KASSAM and HELENA ALVES Associated Press MADRID (AP) — Spain and Portugal have signed off on a temporary cap on natural gas prices, in a coordinated move described by Portugal’s environment minister as an “unprecedented” bid to temper soaring energy prices and inflation. As energy prices surge across Europe, exacerbated by Russia’s war

ZAGREB, Croatia (AP) — Croatian lawmakers have approved a law that paves the way for the introduction of the euro currency next year. Croatia is due to replace the Croatian kuna with the euro on Jan. 1, 2023. Lawmakers on Friday voted 117-13 in favor of legislation to bring in the euro. One lawmaker abstained

BERLIN (AP) — European gas prices have risen after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies. The move doesn’t immediately block large amounts of natural gas to Europe but intensifies fears that the war

By AMANDA BARROSO of NerdWallet Industry experts predict 2.5 million weddings in the U.S. this year, a 40-year high. That means millions of invited guests are weighing whether to attend — and how to cover costs if they do. A new survey found that closeness of the relationship with the couple, distance from home, and

By KELVIN CHAN and TOM KRISHER AP Business Writers DETROIT (AP) — Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary “hold,” raising fresh doubts about whether he’ll proceed with the $44 billion acquisition. Musk tweeted early Friday that he wanted to pinpoint the number of spam

DUBAI, United Arab Emirates (AP) — One of the world’s biggest airlines and the Mideast’s top carrier, Emirates Air, says it lost $1.1 billion in the past fiscal year, but the figure is an 80% improvement from the year before. As Emirates Air claws it way out of the worst of the pandemic, its main

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the year before as it endured supply shortages and rising raw materials costs. Tokyo-based Honda Motor Co. said its profit was 124.8 billion yen, or $967 million, in the January-March quarter.

By FRANK JORDANS Associated Press WEISSENHAUS, Germany (AP) — Ukraine’s foreign minister says his country is willing to engage in diplomatic talks with Russia to unblock grain supplies and achieve a political solution to the war in Ukraine but won’t accept ultimatums. Foreign Minister Dmytro Kuleba said the Ukrainian government had received “no positive feedback”

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Wall Street closed out another volatile week of trading with a broad rally Friday, though it wasn’t nearly enough to keep the market from its sixth straight weekly drop, the longest such streak since 2011. The S&P 500 climbed 2.4%. More

TEHRAN, Iran (AP) — Iranian state media is reporting that authorities have arrested at least 22 demonstrators who had been protesting sudden price hikes of subsidized staple foods in two southern cities. The arrests follow Iran’s announcement that the cost of cooking oil, chicken, eggs and milk would rise by as much as 300%, as

BEIJING (AP) — An official says Shanghai will try again to reopen in a few days after it has eliminated COVID-19 transmission among the general population. An outbreak is waning in the city, which is in the seventh week of a strict lockdown that has been lifted and then reinforced at times to the frustration

By TRAVIS LOLLER Associated Press NASHVILLE, Tenn. (AP) — A former Tennessee nurse whose medication error killed a patient has been sentenced to three years of probation. Hundreds of health care workers rallied outside the Nashville courthouse Friday during the sentencing of RaDonda Vaught. They say criminalizing honest hospital mistakes will lead to more deaths

By SCOTT SONNER Associated Press STATELINE, Nev. (AP) — They found no trace of a mythical sea monster, no sign of mobsters in concrete shoes or long-lost treasure chests. But scuba divers who spent a year cleaning up Lake Tahoe’s entire 72-mile (115-kilometer) shoreline have come away with what they hope will prove much more

By OLEKSANDR STASHEVSKYI and DAVID KEYTON Associated Press KYIV, Ukraine (AP) — Russian forces suffered heavy losses in a Ukrainian attack that destroyed a pontoon bridge they were using to try to cross a river in the east, Ukrainian and British officials said in another sign of Moscow’s struggle to salvage a war gone awry.

By KIM TONG-HYUNG and HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — Six people have died and 350,000 have been treated for a fever that has spread “explosively” across North Korea, state media said Friday, a day after the country acknowledged a COVID-19 outbreak for the first time in the pandemic. North Korea likely

By MARK THIESSEN Associated Press ANCHORAGE, Alaska (AP) — Dean Fosdick, the journalist with The Associated Press who filed the news alert informing the world of the Exxon Valdez grounding, has died. Fosdick died April 27 in Florida. He was 80. His long career with the news service included 15 years as the bureau chief

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California’s minimum wage will increase to $15.50 per hour next year. That increases the minimum wage from $15 per hour for companies with 25 or more workers and $14 per hour for companies with 25 employees or less. State law says if inflation increases by more

By TOM KRISHER AP Auto Writer DETROIT (AP) — Shares of Tesla and Twitter have tumbled this week. Investors are dealing with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Shares in electric vehicle maker Tesla are down almost 16% so

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation and economic weakness overseas could thwart his efforts to avoid causing a recession. For weeks, Powell has portrayed the

By JEFF AMY and AAMER MADHANI Associated Press ATLANTA (AP) — A U.S. official familiar with the project says South Korean automaker Hyundai Motor Group is expected to announce its plans next week to build a massive electric vehicle plant near Savannah, Georgia. Hyundai is finalizing the anticipated announcement as Joe Biden is set to

NEW YORK (AP) — The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets. That’s according to a filing with U.S. regulators on Thursday. Samuel Bankman-Fried said in the filing that he bought the shares thinking they were an attractive investment. The filing also said he doesn’t currently have any plans

By JEFF AMY and AAMER MADHANI Associated Press ATLANTA (AP) — A U.S. official says South Korean automaker Hyundai Motor Group is expected next week to announce it’s building a massive electric vehicle plant near Savannah, Georgia. Hyundai is finalizing plans for the new plant as Joe Biden is set to travel to South Korea

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Tapestry, Sonos rise; AmerisourceBergen, Capital One fall.