AP National Business

By BARBARA ORTUTAY AP Technology Writer Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is spooked. Shares of the company formerly known as Facebook saw a historic plunge Thursday after it reported a rare profit decline due to a sharp rise in

By BRUCE SCHREINER Associated Press LOUISVILLE, Ky. (AP) — When COVID-19 shuttered much of the economy in 2020, Bill Thomas sold off his whiskey inventories to keep his Washington, D.C., whiskey bar afloat. By the next year, he was replenishing inventories. Thomas’ restocked supplies reflect the start of a comeback for on-premise spirits sales at

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks have swerved scarily this year, with big swings and sharp drops. It’s particularly jarring for the millions of people who got their first taste of investing in recent years. The average day last month saw a swing twice as big for the S&P 500

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Last month, U.S. employers might have shed jobs for the first time in about a year, potentially raising alarms about the economy’s trajectory. Yet even if the January employment report coming Friday were to show a deep loss of jobs, there would be little mystery about

The Associated Press DETROIT (AP) — Stellantis is recalling nearly 202,000 Ram heavy-duty pickups and chassis cabs to tighten a loose nut that can stop the windshield wipers from working properly. The recall covers certain Ram 2500 and 3500 pickups and some 3500, 4500 and 5500 chassis cabs. They’re all from 2019 and 2020, and

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A key nominee to the Federal Reserve’s Board of Governors has said in testimony before a Senate panel that she would not make it harder for any industry to obtain bank loans. President Joe Biden nominated Sarah Bloom Raskin to be the Fed’s vice chair for

PRAGUE (AP) — The Czech Republic’s central bank has increased its key interest rate by three-quarters of a point in an effort to tackle soaring inflation. Thursday’s hike to 4.5% was the sixth straight increase since June, and analysts expected it. The bank, which considers high consumer prices a major threat, also had indicated it

By SUZAN FRASER Associated Press ANKARA, Turkey (AP) — Turkey’s President Recep Tayyip Erdogan has again offered to mediate between Russia and Ukraine after talks with Ukraine’s President Volodymyr Zelenskyy in Kyiv, as Turkey walks a tightrope balancing its relations with both countries. A key NATO member in the Black Sea region, Turkey has been

BRUSSELS (AP) — At least two energy companies in the Belgian ports of Antwerp and Ghent have been hit by cyberattacks and Belgian authorities have opened an investigation, one day after Germany opened a probe into similar attack. In Germany, prosecutors have said they opened an investigation into suspected blackmail after two companies involved in

By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for unemployment benefits for the second week in a row after three straight weeks of increases. The Labor Department reported Thursday that jobless claims fell by 23,000 to 238,000 last week, from 261,000 the previous week. The four-week average for claims, which compensates

By TOM MURPHY AP Health Writer Biogen expects “minimal” revenue this year from its Alzheimer’s treatment initially hailed as potentially a breakthrough drug, but one with an eye-popping price tag that drew immediate criticism from  doctors and patient advocates. The drugmaker on Thursday released a forecast for 2022 that caught investors off guard, sending shares

By TOM MURPHY AP Health Writer The blockbuster cancer treatment Keytruda pushed Merck past fourth-quarter expectations, and the drugmaker’s COVID-19 treatment debuted with nearly $1 billion in sales. A 50% jump in sales for the Gardasil vaccine, which protects against cancer-causing human papilloma virus infections, also helped, Merck said Thursday. Overall, Merck earned $3.76 billion

By DANICA KIRKA Associated Press LONDON (AP) — Northern Ireland’s first minister has resigned as tensions over Britain’s departure from the European Union  trigger a fresh political crisis in the region. Paul Givan stepped aside Thursday after one of his ministers tried to block the inspection of goods arriving from other parts of the U.K.

By SYLVIA HUI Associated Press LONDON (AP) — Britain’s energy regulator says a cap on energy prices is going up by a record 54% because of soaring costs of wholesale natural gas. The change announced Thursday will significantly burden millions of households already squeezed by rapidly climbing bills. The Office of Gas and Electricity Markets

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — The U.S. has obtained intelligence indicating that the Russian government has developed a plan to stage a fake Ukrainian attack to establish a pretext for military action. The disclosure came from a senior Biden administration official who spoke on  condition of anonymity. The new intelligence

BERLIN (AP) — Authorities say a container ship has run aground off a German North Sea island, and an initial attempt to free it was unsuccessful. Shipping company Maersk said on Twitter that the Mumbai Maersk ran aground on a “shallow patch” on Wednesday night. It said that “all crew are safe, there is no

By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla is recalling more than 817,000 vehicles in the U.S. because the seat belt reminder chimes may not sound when the vehicles are started and the driver hasn’t buckled up. Documents posted Thursday by safety regulators say the recall covers the 2021 and 2022 Model S

HELSINKI (AP) — Nokia has reported profits in line with analyst expectations and says the wireless and fixed-network equipment maker will resume paying a dividend and launch a share-buyback program. The Espoo, Finland-based company on Thursday reported net profit of 727 million euros for the October-December period, compared with 787 million euros a year earlier.

COPENHAGEN (AP) — The director of the World Health Organization’s Europe office says the continent is now entering a “plausible endgame” to the pandemic and that the number of coronavirus deaths is now starting to plateau. Dr. Hans Kluge said at a media briefing Thursday that there is a “singular opportunity” for countries to take

ANKARA, Turkey (AP) — Turkey’s annual inflation came in at nearly 49%, hitting a nearly 20-year high and further eroding people’s ability to buy even basic things like food. The Turkish Statistical Institute said Thursday that the consumer price index increased by just over 11% in January from the previous month. The data shows that

STOCKHOLM (AP) — Sweden is joining other European nations in saying it will drop coronavirus restrictions. Prime Minister Magdalena Andersson says “it is time to open Sweden again.” She announced the restrictions will be dropped from Feb. 9. Sweden will allow people to return to restaurants with no limitation on how many people can be

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The head of the European Central Bank says record inflation could linger for “longer than expected” and appeared to open the door at least a crack for an interest rate increase this year. Asked twice by journalists Thursday, Christine Lagarde declined to repeat previous comments

By SYLVIE CORBET and LORNE COOK The Associated Press LILLE, France (AP) — European Union interior ministers have agreed to create a new decision-making body in efforts to beef up the 27-nation bloc’s borders, and to kick-start desperately needed reforms to the EU’s malfunctioning asylum system. The EU has been mired in a deep political

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — American and European officials may be staying away from the Beijing Winter Olympics because of human rights concerns, but Russian President Vladimir Putin will be on hand even as tensions soar over his buildup of troops along his country’s border with Ukraine. Putin’s talks with Chinese President

By AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) — Abu Dhabi’s state-owned oil and gas company has announced the discovery of between 1.5 to 2 trillion standard cubic feet of raw gas in an offshore area located in the northwest of the emirate. The Abu Dhabi National Oil Company, also known as ADNOC,

LONDON (AP) — The pay-TV sports market in Britain could be shaken up after media companies Discovery and BT Group said they are in exclusive discussions about forming a partnership. The potential deal would see BT Sport link up with Discovery-owned Eurosport UK in what they are calling a 50/50 venture. BT Sport holds the

By DANICA KIRKA Associated Press LONDON (AP) — The Bank of England has raised interest rates for the second time in three months. That decision Thursday puts the United Kingdom far ahead of the rest of Europe and the U.S. in moving to tame surging inflation that’s squeezing consumers and businesses. The bank boosted its

By AAMER MADHANI, LORNE COOK and SUZAN FRASER Associated Press WASHINGTON (AP) — The U.S. is accusing the Kremlin of an elaborate plot to fabricate an attack by Ukrainian forces that Russia could use as a pretext to take military action against its neighbor. Pentagon spokesman John Kirby says the scheme includes production of a

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Nintendo has reported its profit for the nine months through December slipped 2.5% as shortages of computer chips hurt production. The Japanese video game maker behind the Super Mario and Pokemon franchises said its sales also fell, by 6%. Game makers have reaped windfall profits from

By RAF CASERT Associated Press SAINT-SYMPHORIEN, Belgium (AP) — Many European Union nations are wary about spending big on their militaries. They remain scarred by losing tens of millions of lives on their soil in two world wars. They’re now facing a painful reality as Russian pressure builds at the Ukrainian border. Much of Europe

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares are mostly higher after a historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street. Hong Kong jumped 2.6% after reopening from Lunar New Year holidays. Shanghai remained closed. Tokyo and Seoul advanced while Sydney

ISLAMABAD (AP) — The International Monetary Fund has approved a $1 billion loan as part of a bailout package to Pakistan, following reforms to rein in state spending, increase tax collection and make the central bank more independent, the IMF and the country’s finance minister said. The much-needed tranche was initially to be released last

By AMY TAXIN Associated Press Many American hospitals are looking abroad for health care workers, saying they’re facing a dire shortage of nurses amid the slogging pandemic. It could be just in time as there’s an unusually high number of green cards available this year for foreign professionals seeking to move to the United States.

By LINDSAY WHITEHURST Associated Press SALT LAKE CITY (AP) — The largest natural lake west of the Mississippi is shrinking past its lowest levels in recorded history, raising fears about toxic dust, ecological collapse and economic consequences. But the Great Salt Lake may have some new allies: conservative Republican lawmakers. The new burst of energy

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Hundreds of thousands of foreigners have been denied entry to study, work or visit families in Japan, which has kept its doors closed to most overseas visitors during the pandemic. Foreign students and scholars say the measures are unfair and force talented visitors elsewhere. Some excluded students

By JOSHUA GOODMAN Associated Press MIAMI (AP) — A maritime intelligence company whose data is used by the U.S. government to investigate sanctions violations says that since January 2020 it has detected more than 200 vessels using technology to hide a ship location that was previously available only to militaries. The Windward company says the

By KATHLEEN FOODY and JILL BLEED Associated Press CHICAGO (AP) — A major winter storm has left about 350,000 homes and businesses without power across the U.S. The multiday storm dumped more than a foot of snow in parts of the Midwest and caused a tornado in Alabama that killed one person and critically injured

SAN DIEGO (AP) — A former U.S. Navy captain has pleaded guilty to bribery for accepting nearly $68,000 worth of dinners, hotels, parties and prostitute services from a Malaysian defense contractor. Prosecutors say Donald Hornbeck of Indiana entered the plea Wednesday in San Diego federal court. Authorities say Hornbeck acknowledged that in 2007 and 2008

MEXICO CITY (AP) — Mexico’s president says he will create a state-owned company to mine lithium and appears to suggest he will seek to cancel one of the few existing permits held by a Chinese company. President Andrés Manuel López Obrador had said in October he wants to declare lithium a “strategic mineral,” but it

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand’s government will end its quarantine requirements for incoming travelers and reopen its borders. The change is welcomed by thousands of citizens abroad who have endured long waits to return home. Since the start of the pandemic, New Zealand has enacted some of the

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Environmental Protection Agency says a U.S. Postal Service plan to replace its huge fleet of mail-delivery trucks has too few electric vehicles and falls short of President Joe Biden’s goals to slow global warming. In a sharply worded letter, the EPA says the Postal Service plan

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Three federal agencies have promised to help modernize Puerto Rico’s outage-plagued power grid and speed up efforts to strengthen it more than four years after Hurricane Maria razed it. More than $12 billion in federal recovery funds are available for projects scheduled to start

After the holidays, it’s normal for the nationwide supply of life-saving blood to dwindle at hospitals and blood banks as donations slow. But this year, with fears about COVID-19 and the omicron variant keeping donors away or making them sick, the shortage is dangerously low. Blood supplies always dwindle during the winter as donations slow,

By BARBARA ORTUTAY AP Technology Writer Meta, the company that owns Facebook, Instagram and WhatsApp, saw its stock plunge in after-hours trading after reporting a rare decline in its fourth quarter profit due to a sharp increase in expenses. Meta Platforms Inc., which renamed itself during the quarter to reflect CEO Mark Zuckerberg’s ambition of

The Associated Press Stocks closed higher on Wall Street Wednesday, putting major indexes on track to extend their weekly gains. Big communications and technology companies helped lift the broader market. Major indexes are on track for solid gains this week, a welcome turnaround from January’s losses.

Stocks that traded heavily or had substantial price changes Wednesday: Alphabet, Brinker International rise; PayPal, Gilead fall.

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — The travel industry is lobbying Washington for changes it thinks will get more people on airplanes and staying in hotels. Airline and tourism groups want the U.S. to eliminate its requirement that travelers provide a negative test for COVID-19 before boarding a U.S.-bound plane. The United

By FRANK BAJAK and ERIC TUCKER Associated Press WASHINGTON (AP) — The FBI has confirmed purchasing NSO Group’s powerful spyware tool Pegasus, whose chronic abuse to hack journalists, dissidents and human rights activists has long been established. The FBI suggested its motivation was to “stay abreast of emerging technologies and tradecraft.” It said in a

By JOHN ANTCZAK Associated Press LOS ANGELES (AP) — A classified satellite for the U.S. National Reconnaissance Office has been launched into space from California. The NROL-87 satellite lifted off at 12:27 p.m. Wednesday from Vandenberg Space Force Base aboard a two-stage SpaceX Falcon 9 rocket. The Falcon’s first stage flew back to the seaside

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

By JILL LAWLESS Associated Press LONDON (AP) — Northern Ireland’s agriculture minister has ordered a halt to post-Brexit border checks at ports. It’s another complication in a saga that has soured relations between the U.K. and the European Union. Edwin Poots said he had received legal advice saying he could order a halt to inspections

By MAE ANDERSON AP Business Writer NEW YORK (AP) — The number of Americans looking to start their own business is on the rise, as the coronavirus pandemic creates opportunities for some would-be entrepreneurs. People are starting businesses for a variety of reasons: some lost their job during the pandemic and decided to make their

By JOSEF FEDERMAN Associated Press JERUSALEM (AP) — Israel’s attorney general has upheld the Shin Bet security agency’s use of mobile-phone tracking technology to monitor and threaten Palestinian protesters at Jerusalem’s most sensitive holy site last year. The decision came on Tuesday and drew harsh criticism from a civil rights group that challenged the use

By BRIAN WITTE and GEOFF MULVIHILL Associated Press ANNAPOLIS, Md. (AP) — Soaring tax revenue and billions in pandemic aid from the federal government have left many states with the unusual problem of having too much money. The result is one of the most broad-based movements in recent memory toward giving consumers and taxpayers a

PARIS (AP) — France says it will start administering Pfizer’s coronavirus antiviral drug this week, the first pill for treating COVID-19 approved in the 27-nation EU. France is still reporting among the world’s highest per-capita daily infections, but virus-related critical care hospitalizations are easing. The French government on Wednesday started lifting restrictions related to the

By DAVID BAUDER AP Media Writer NEW YORK (AP) — CNN President Jeff Zucker has abruptly resigned after acknowledging a consensual relationship with another network executive. The entanglement came to light during an investigation of now-fired anchor Chris Cuomo. Zucker said Wednesday that he was required to disclose the relationship when it began but he

THE HAGUE, Netherlands (AP) — Dutch prosecutors say they are launching a criminal investigation into Tata Steel Ijmuiden over alleged pollution from its huge steel works near the Dutch North Sea coast. Prosecutors said Wednesday that their investigation was into alleged “intentional and unlawful introduction of hazardous substances into the soil, air or surface water.”

FORT WORTH, Texas (AP) — American Airlines is planning to order more Boeing Max jets while delaying delivery of larger Boeing Dreamliners. The airline said Wednesday that it plans to exercise previous options and buy 30 more Boeing 737 Max jets, which it uses for flights within the United States. At the same, American is

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — A new report says that the legions of workers who built Dubai’s vast Expo 2020 site and keep it running face exploitation, grim conditions and a wide range of labor abuses. The report by London-based rights consultancy Equidem released on Wednesday also said that

PRAGUE (AP) — The Czech Republic’s government has agreed to end mandatory coronavirus testing at schools and companies this month. Prime Minister Petr Fiala said Wednesday that the testing has “undoubtedly” helped slow down the spreading of the infection and prevented the health system from being overwhelmed. The mandatory testing will end on Feb. 18.

BERLIN (AP) — A German media regulator has ruled that Russian state broadcaster RT must cease broadcasting its German-language programs in the country, saying that it lacks the necessary permission. The ZAK regulator, which decides on applications from private organizations to broadcast nationwide in Germany, said Wednesday that no application has been made or granted

By NICOLE WINFIELD Associated Press ROME (AP) — An Italian appeals court has definitively annulled the pre-trial arrest warrant for the prime suspect in the Vatican’s big fraud and embezzlement trial. That’s according to Gianluigi Torzi’s legal team. The decision by Rome’s Tribunal of Review ends extradition procedures against him in Britain and is a

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Commission wants to include nuclear energy and natural gas in its plans for building a climate-friendly future. Wednesday’s proposal from the European Commission has divided member countries and drawn outcry from environmentalists as “greenwashing.” The green labeling system would define what qualifies as an investment

By MICHAEL CANTU Edmunds The Toyota Tundra soldiered on without a redesign for too long, and now that it’s finally happened, is the truck ready to compete with the king of the hill: the Ford F-150? Edmunds compares both full-size trucks to find out. 

By JILL LAWLESS Associated Press LONDON (AP) — The British government has set out plans for a huge shift in power and wealth to left-behind regions of the country. That’s a long-standing promise to the voters who helped put Prime Minister Boris Johnson in office. Johnson’s Conservative government was elected in 2019 on a pledge

By ANNIE MILLERBERND of NerdWallet When planning a remodeling project, one of the first questions you may ask is whether you can save money and just do it yourself. With enough optimism, any project can seem possible, but a whole-home remodel may be too ambitious. Aesthetic changes to floors, walls and ceilings are within reach

By JAMEY KEATEN Associated Press Many countries that have been especially hard-hit by the coronavirus are easing their tough and often unpopular restrictive measures to fight COVID-19. There is a resumption of late-night disco partying, elbow-to-elbow seating in movie theaters and people not wearing masks in public. The early moves to relax such restrictions evoke

By DAVID McHUGH Associated Press FRANKFURT, Germany (AP) — Inflation fed by high oil and gas prices hit record levels in Europe for the third month in a row. That’s extending pain for consumers and sharpening questions about future moves by the European Central Bank. European Union statistics agency Eurostat reported Wednesday that the 19

By ERIC TUCKER Associated Press WASHINGTON (AP) — An American farmer is jailed in Ukraine on charges he attempted to assassinate a former business partner who is now a government minister. The family of Kurt Groszhans says the charges are bogus and designed to stifle his claims of corruption. His former partner, Roman Leshchenko, has

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Major oil-producing countries are adding just a bit more oil to the global economy. The decision Wednesday is likely to support prices that are near their highest level in seven years. The 23-member OPEC+ alliance is sticking with its road map and is adding 400,000

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Sony says its profit for the quarter through December rose 11% on healthy sales from its film division, including the new Spider-Man movie. The Japanese electronics and entertainment company said its fiscal third quarter profit totaled 346 billion yen, or $3 billion. Sony said strong offerings

By DASHA LITVINOVA Associated Press MOSCOW (AP) — The prison sentence imposed a year ago on leading Kremlin critic Alexei Navalny was a severe blow to Russia’s opposition. And then the situation got worse. Scores of activists, independent journalists and rights advocates were targeted over the past 12 months with raids, detained and designated as

By ILAN BEN ZION Associated Press ASHKELON, Israel (AP) — A number of former Israeli leaders and security chiefs have found new careers in the country’s tightly controlled medical marijuana industry. They hope not only to cash in on the local market, but also to clear the way for the country’s major marijuana producers to

By INDRAJIT SINGH Associated Press PATNA, India (AP) — Police say at least five people were killed when an abandoned coal mine in eastern India collapsed during illegal digging. A police officer said the bodies of four women and one man were recovered after the mine caved in on Tuesday. Rescuers are searching for some

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares are mixed in Asia, with markets in China still closed for Lunar New Year holidays. Tokyo and Sydney declined, while Seoul gained more than 2% as markets there reopened. Shares rose on Wall Street Wednesday as the latest batch of company earnings reports kept investors

By KATHLEEN FOODY and JILL BLEED Associated Press CHICAGO (AP) — A winter storm is bringing a mix of rain, freezing rain and snow to the central U.S. Airlines canceled thousands of flights, officials are urging people to stay off roads and schools are closed. Oklahoma, Kansas, Missouri, Illinois, Indiana and Michigan are seeing freezing

By PAUL J. WEBER Associated Press AUSTIN, Texas (AP) — A major winter storm was expected to affect a huge swath of the United States, with heavy snow starting in the Rockies and freezing rain as far south as Texas before it drops snow and ice on the Midwest. The forecast comes nearly a year

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Professional sports teams and gambling companies in the U.S. are increasingly bringing sportsbooks to the game, opening betting facilities in or near stadiums. It might seem counterintuitive to spend millions on brick-and-mortar retail outlets when over 80% of U.S. sports betting is done via phone

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — BNSF’s two largest unions are raising concerns about a new attendance policy that went into effect at the railroad Tuesday. That’s because they say it penalizes employees for missing work for any reason and encourages sick employees to report for duty. The unions appealed to

By BOBBY CAINA CALVAN Associated Press NEW YORK (AP) — Groups representing about 100,000 ride-share drivers and food delivery workers in and near New York City have formed a coalition called Justice for App Workers. They made the announcement Tuesday and are pressing for protections including better wages, health care and the right to unionize.

By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Google’s digital advertising empire turned in another strong performance during the holiday shopping season, propelling a 36% increase in its corporate parent’s profit during the final three months of 2021. The results announced Tuesday underscore how technology giants have adapted to become even more

By DAVID BAUDER AP Media Writer NEW YORK (AP) — This past weekend’s Janet Jackson documentary was the most popular non-fiction show on Lifetime since its “Surviving R. Kelly” documentary three years ago. The four-part series rolled out over two nights last weekend. The Nielsen company said roughly 4 million people watched on live television,

By DEE-ANN DURBIN AP Business Writer Starbucks had a strong holiday season in the U.S., but those results were offset by higher labor and commodity costs and weaker sales in China. U.S. same-store sales, or sales at stores open at least a year, were up 18% over the October-December period a year ago despite higher

By HALELUYA HADERO AP Business Writer The Jewish Federations of North America, or JFNA, is working to bolster security across Jewish communities. The umbrella organization and local federations are aiming to raise $126 million over three years to ensure all 146 communities where Jewish federations are located have security hubs. Only 45 currently have such

BY DREW COSTLEY AP Science Writer The Department of Interior is spending $1.15 billion to create jobs across the United States by capping abandoned oil and gas wells in communities plagued for decades by air and water pollution from wells. Interior Secretary Deb Haaland says the funding will help the country “confront the legacy pollution

The Associated Press Stocks closed higher on Wall Street Tuesday, getting February off to a decent start after a miserable January. The S&P 500, the Nasdaq composite and the Dow Jones Industrial Average all rose. Nearly all of the gains came in the last hour after the market spent most of the day waffling between

By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors increased its net income 56% last year, helped by higher prices for its vehicles that were made scarce by a global shortage of computer chips. The Detroit automaker said Tuesday that it made $10.02 billion for the full year. And it predicted record pretax

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: UPS, Gannett rise; AT&T, Pitney Bowes fall.

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — How far the Federal Reserve can go to compel banks to consider the consequences of climate change in their lending policies could take center stage at a Senate hearing Thursday on the nominations of Sarah Bloom Raskin and two economists to the Fed’s influential Board of

By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — Gov. Michelle Lujan Grisham and members of New Mexico’s congressional delegation already have voiced strong opposition to building a multibillion-dollar facility that would store tons of spent nuclear fuel from commercial power plants. Now, the Legislature is considering a bill that supporters say would keep

By MARK GILLISPIE Associated Press CLEVELAND (AP) — A hydrogen fuel cell and transportation company says it plans to move its global headquarters from California to Ohio. Hyperion Companies Inc. announced Tuesday it would also locate its research and development center and manufacturing operations in Columbus. Hyperion in a statement says it will invest nearly

By LAURIE KELLMAN Associated Press TEL AVIV, Israel (AP) — Israel’s prime minister says the country is speeding up the rollout of a “new generation” of missile defense technology to help protect the country from rocket attacks. Naftali Bennett told a security conference Tuesday that the new system will be unveiled within a year in

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

By REGINA GARCIA CANO Associated Press CARACAS, Venezuela (AP) — An Iran-flagged supertanker carrying more than 2 million barrels of condensate has docked at a Venezuelan port, with both countries facing U.S. sanctions. Analysts and satellite images analyzed by The Associated Press indicate the tanker Starla is at the port of Barcelona in northeastern Venezuela.

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orban lobbied for a higher volume of Russian natural gas shipments to Hungary during a meeting in Moscow with Russian President Vladimir Putin. The meeting Tuesday came as tensions continue to soar over Russia’s buildup of troops along its borders with Ukraine.

The Associated Press NEW YORK (AP) — Autonomous vehicle taxis are up and running in San Francisco and the public has been invited to try one out. Employees of General Motors and its autonomous vehicle subsidiary Cruise have been testing out the service for weeks, but on Tuesday Cruise posted a signup page for anyone