AP National Business

By WAYNE PARRY Associated Press TRENTON, N.J. (AP) — A bill that would give tax relief to Atlantic City’s casinos is being considered by New Jersey lawmakers. The full state Senate passed a bill Monday making changes to an existing law enabling the nine casinos to make payments in lieu of property taxes.  The Assembly

By MATTHEW DALY Associated Press WASHINGTON (AP) — In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases. A final rule being issued Monday would raise mileage standards starting in the 2023 model year, reaching a projected industry-wide target of 40

By YURAS KARMANAU Associated Press KYIV, Ukraine (AP) — Poland and Lithuania have joined Ukraine to urge stronger Western sanctions against Moscow amid a Russian troops buildup near the Ukrainian border that fueled fears of an invasion. U.S. intelligence officials say Russia has amassed 70,000 troops near its border with Ukraine and is preparing for

By LARRY NEUMEISTER and TOM HAYS Associated Press NEW YORK (AP) — The sex trafficking trial of Ghislaine Maxwell is speeding to a conclusion. The jury began deliberations late Monday in Manhattan federal court. The jury went home after less than an hour. Earlier, a prosecutor said during closing arguments that the 59-year-old Maxwell is

By TOM MURPHY AP Health Writer Biogen is slashing the price of its Alzheimer’s treatment months after the drug debuted to widespread criticism for an initial cost that can reach $56,000 annually. The drugmaker said Monday that starting in January it will cut the wholesale acquisition cost of the drug by about 50%. That means

By MATT O’BRIEN AP Technology Writer MANCHESTER-BY-THE-SEA, Mass. (AP) — When Microsoft urges shareholders to reject an activist investor’s proposal, shareholders almost always abide. So it was a shock when nearly 78% of shareholders at Microsoft’s Nov. 30 annual meeting voted to demand accountability from the company in responding to sexual harassment complaints, including allegations

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — The European Union’s executive commission has authorized a fifth COVID-19 vaccine for use in the 27-nation bloc Monday. It gave the green light Monday to the two-dose vaccine made by U.S. biotech company Novavax. The commission confirmed a European Medicines Agency recommendation to grant conditional

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan has announced a series of measures to encourage lira-denominated savings, easing pressure on the beleaguered Turkish currency. The announcement came Monday after the lira tumbled to an all-time low of 18.36 against the dollar after Erdogan over the weekend stood firm on his policy to lower

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — A Japanese billionaire, his producer and a Russian cosmonaut have safely returned to Earth after spending 12 days on the International Space Station. Fashion tycoon Yusaku Maezawa, his producer Yozo Hirano and Russian cosmonaut Alexander Misurkin made a soft landing in a Russian Soyuz capsule in the

SOFIA, Bulgaria (AP) — Leaders of Bulgaria and Greece have discussed bilateral cooperation in the energy sector, with an emphasis on reducing their reliance on Russian gas through the speedy completion of a gas interconnector linking the neighboring countries. Greek Prime Minister Kyriakos Mitsotakis met with his Bulgarian counterpart, Kiril Petkov, and the country’s president,

By LIZ WESTON of NerdWallet Despite what you may hear about the advantages of rolling over a 401(k) from a former employer into an IRA, it’s hardly a no-brainer. It’s true that an IRA will give you many more investment options. However, the costs could be much higher, leaving you with much less money in

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s parliament on Monday approved a record extra budget of nearly 36 trillion yen ($317 billion) for the fiscal year through March to help pandemic-hit households and businesses. The budget includes 100,000 yen ($880) payouts to families with children 18 or younger and a 2.5 million yen

COPENHAGEN, Denmark (AP) — A suspected pirate wounded during an exchange of gunfire last month with the Danish navy off West Africa has been transferred to a hospital in Ghana. Four other suspected pirates were killed and three others are in custody after the Nov. 24 incident. The Danish frigate HDMS Esbern Snare was sailing

BERLIN (AP) — The new German government has chosen an experienced central banker and former board member of Germany’s state-owned development bank to head the country’s central bank. The finance minister said Monday that Joachim Nagel was nominated to succeed Jens Weidmann, who announced in October that he would step down at the end of

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares are mostly higher after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and other benchmarks in Asia also were higher. On Monday, the S&P

The Associated Press General Mills serves up its quarterly results Tuesday. The National Association of Realtors issues its November tally of U.S. home sales Wednesday. The Commerce Department delivers its monthly snapshot of consumer spending Thursday.

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — The jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations on Monday. They have plenty of evidence to review after a three-month trial that captivated Silicon

By LISA MASCARO and FARNOUSH AMIRI Associated Press WASHINGTON (AP) — Democrats are trying to pick up the pieces after West Virginia Sen. Joe Manchin effectively crushed President Joe Biden’s big domestic policy bill. They faced serious questions Monday over whether the $2 trillion initiative can be refashioned to win his crucial vote or the

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets have followed Wall Street lower amid concern about the coronavirus’s latest variant and tighter Federal Reserve policy. Shanghai, Tokyo, Hong Kong and Sydney retreated at the start of a trading week that will be shortened by the Christmas holiday. Wall Street fell Friday

By CATHY BUSSEWITZ AP Business Writer NEW YORK (AP) — YouTube TV began restoring access to Disney content after a dispute between the companies led to an interruption of service. YouTube told viewers they were restoring service so customers could once again watch networks provided by Disney. That includes ESPN, FX, National Geographic and local

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline dropped by 6 cents over the past two weeks to $3.41 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that prices have been falling for a month due to lower crude oil costs. Nationwide, the highest average price for regular-grade

By DANICA KIRKA Associated Press LONDON (AP) — Britain’s health secretary has refused to rule out imposing tougher COVID-19 restrictions before Christmas amid the rapid rise of infections and continuing uncertainty about the omicron variant. Health Secretary Sajid Javid said Sunday that the government was assessing the fast-moving situation and urged the public to be

By LINDSEY BAHR AP Film Writer Never underestimate your friendly neighborhood Spider-Man, even with a mutating virus afoot. Despite rising concerns over the omicron variant, “Spider-Man: No Way Home” not only shattered pandemic-era box office records; it became the third best opening of all time behind “Avengers: Endgame” and “Avengers: Infinity War.” Studio estimates on

MOSCOW (AP) — Authorities in Russia have evacuated 128 coal miners from a coal mine in Siberia amid reports of a fire in one of the mine’s sections. The evacuations Sunday come weeks after a devastating blast in another coal mine in the same region killed 51 people. Emergency officials told Russia’s Interfax news agency

DUBAI, United Arab Emirates (AP) — The United Arab Emirates says that it will no longer censor films released in cinemas, the country’s latest effort to boost its brand as a liberal hub attractive to foreigners. Instead of cutting sensitive scenes that could offend traditional Islamic sensibilities, the Emirati media regulatory authority announced it will

By GRANT SCHULTE Associated Press LINCOLN, Neb. (AP) — Nebraska has held one of the nation’s lowest unemployment rates for years, with fewer than two million people and plenty of jobs to go around. That rate has hit new lows thanks to the coronavirus pandemic, with the state announcing the lowest-ever recorded unemployment of 1.8%

By ALAN FRAM and HOPE YEN Associated Press WASHINGTON (AP) — Sen. Joe Manchin says he can’t back his party’s signature $2 trillion social and environment bill. That would deal a seemingly fatal blow to President Joe Biden’s leading domestic initiative. The West Virginia senator said on “Fox News Sunday” that after months of negotiations,

By JAMES BROOKS Associated Press ROVANIEMI, Finland (AP) — Christmas is in full swing in Finnish Lapland, where venue operators happily report that visitors have returned in numbers approaching pre-pandemic levels. Tourists from elsewhere in Finland and abroad come to revel in the festive spirit at the sprawling Santa Claus Village theme park, take a

By DEE-ANN DURBIN, MAE ANDERSON and SYLVIA HUI Associated Press DETROIT (AP) — While restaurants in the U.S. and United Kingdom are open without restrictions and often bustling, they are entering their second winter of the coronavirus pandemic anxious about what’s ahead. They’re squeezed by labor shortages and skyrocketing food costs and the omicron variant

ROCKY MOUNT, N.C. (AP) — A fire has ripped through a distribution center in North Carolina for the QVC home-shopping television network, causing extensive damage to the facility. The News & Observer reports that more than 300 employees were working at the facility near Rocky Mount when the fire was reported shortly after 2 a.m.

VANDENBERG SPACE FORCE BASE, Calif. (AP) — A SpaceX rocket has carried 52 Starlink internet satellites into orbit from California. The two-stage Falcon 9 rocket lifted off from coastal Vandenberg Space Force Base at 4:41 a.m. Saturday. The Falcon’s first stage returned and landed on a SpaceX droneship in the ocean. It was the 11th

ORLANDO, Fla. (AP) — The CEO of the nation’s largest full-service restaurant owner will retire in May. Darden Restaurants announced Friday that Gene Lee will step down as CEO after seven years, but will remain as board chairman. He will be replaced by Rick Cardenas, the company’s president and chief operating officer. The company is

By DANICA KIRKA and MIKE CORDER Associated Press LONDON (AP) — Nations across Europe are moving to reimpose tougher measures to stem a new wave of COVID-19 infections spurred by the highly transmissible omicron variant. The Dutch government has gone the farthest, imposing a new nationwide lockdown starting Sunday. Caretaker Prime Minister Mark Rutte said

By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — Spanish truckers have won concessions from the government to help check rising fuel costs and improve work conditions after threatening to stop hauling freight just before Christmas. Spain, like many governments across the globe, faced pressure to help relieve the pain caused by record-high inflation. The

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — A senior Russian diplomat says that Moscow may take unspecified new measures to ensure its security if the U.S. and its allies continue to take provocative action and ignore its demand for guarantees precluding NATO’s expansion to Ukraine. Deputy Foreign Minister Sergei Ryabkov accused Western allies of

By GEOFF MULVIHILL and ANDREW DeMILLO Associated Press A federal appeals court panel has ruled that President Joe Biden’s vaccine mandate for larger private employers can take effect. Friday’s 2-1 ruling from a panel of judges on the 6th U.S. Circuit Court of Appeals reverses a lower-court ruling that had paused the requirement. Republican-led states

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom says he will seek more than $300 million in state funding over three years to boost law enforcement efforts to combat retail theft. The state has been stung by recent headline-grabbing smash-and-grab robberies. Newsom on Friday proposed giving $255 million in grants

SEATTLE (AP) — Aerospace giant Boeing says it’s suspending a company vaccination requirement for all U.S.-based employees. The Seattle Times reports the company adopted a COVID-19 vaccine mandate in October to ensure compliance with the federal executive order that required all employees of federal contractors to be vaccinated. The mandate faced opposition from a vocal

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California’s major population centers of Los Angeles and the San Francisco Bay area have both lost population in the same year for the first time. California lost 173,000 people in the year ending July 1. It’s the second time ever the state has reported an annual

The Associated Press Stocks closed lower on Wall Street, marking their third losing week in the last four. Banks, technology companies and industrials all helped pull major indexes lower Friday. The S&P 500, the Nasdaq and the Dow Jones Industrial Average all fell. After pushing the S&P 500 to a record high last week, investors

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: General Motors, Steelcase fall; FedEx, Cerner rise.

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California’s unemployment rate has fallen below 7% for the fist time since March of last year at the start of the pandemic. Data made public Friday shows hiring in California slowed significantly in November compared to October. But the state still added 45,700 new jobs in

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

By MICHAEL R. BLOOD Associated Press LOS ANGELES (AP) — Leading California cannabis companies are warning Gov. Gavin Newsom that the state’s legal marijuana industry is on the verge of collapse. A letter signed by more than two dozen executives, industry officials and advocates follows years of complaints about heavy taxes and regulation that they

By IAN PHILLIPS and SYLVIE CORBET NEW YORK (AP) — French Finance Minister Bruno Le Maire says President Emmanuel Macron’s potential reelection next year is “very important” to further boost growth — in a clear endorsement of a candidacy that’s not yet been formally announced. The presidential vote is scheduled in April. Macron is widely

MATT OTT AP Business Writer NEW YORK (AP) — Former first lady Melania Trump launched a venture this week selling non-fungible tokens that must be paid for with Solan cryptocurrency, currently valued around $180 each. Trump said she will release NFTs “in regular intervals” on her website, with a portion of the proceeds going to

By EMILY HAYNES of The Chronicle of Philanthropy Chronicle of Philanthropy At the State Correctional Institute—Coal Township, about 250 men participate in the Lifeline Association, a giving circle that contributes to charities in the surrounding Pennsylvania coal region. Many of its members are incarcerated for life; the rest will have spent at least 10 years

By ZEN SOO Associated Press HONG KONG (AP) — Alibaba this week revealed an ambitious vision to quintuple its Southeast Asian e-commerce business to $100 billion in transacted sales, as well as a pledge to reach carbon neutrality in its operations by 2030. The plan to quintuple Lazada’s total transacted sales came as Alibaba looked

By SAM METZ AP / Report for America CARSON CITY, Nev. (AP) — An attorney running to be governor of Nevada who cites his legal work as a qualification is fighting efforts by the state bar to reprimand him. A disciplinary panel sent Republican Joey Gilbert a draft letter of reprimand alleging he had harmed

By KANTELE FRANKO and MATT O’BRIEN Associated Press COLUMBUS, Ohio (AP) — Some parents kept their children home, police stepped up patrols and educators tightened security protocols Friday in response to viral TikTok posts alluding to unconfirmed threats of violence that raised anxiety levels at schools nationwide. With stress levels already soaring from the effects

By CAROLYN THOMPSON Associated Press BUFFALO, N.Y. (AP) — The National Labor Relations Board has confirmed a vote to form a union at a Starbucks store in Buffalo. That means the coffee retailer, for the first time, will have to bargain with organized labor at a company-owned U.S. store. The union has filed objections in

By LAURAN NEERGAARD AP Medical Writer Pfizer is testing an extra dose of its COVID-19 vaccine for babies and preschoolers after preliminary research hinted the usual two doses wouldn’t be enough. Pfizer had been testing very low-dose shots in children under age 5, with some data expected by year’s end. But Pfizer and its partner

By PAUL WISEMAN and DEE-ANN DURBIN AP Business Writers The global economy hadn’t experienced anything like this for decades. Maybe ever. After years in which ultra-low inflation became a fixture of economies across the world, prices rocketed skyward in 2021 — at the grocery store, the gasoline pump, the used-car lot, the furniture store. Chalk

By JAKE COYLE AP Film Writer NEW YORK (AP) — For the first time since the pandemic began, the box office is booming. “Spider-Man: No Way Home” grossed $50 million in Thursday previews alone, a stunning start for a movie set to break pandemic records. Sony Pictures’ “No Way Home” scored the third-largest preview total

CLEVELAND (AP) — McDonald’s will pay $33.5 million to a former baseball player who owns multiple franchises to end a lawsuit he brought against the company accusing it of racial discrimination. Herb Washington, who’s Black, owned more than a dozen restaurants in Ohio and Pennsylvania when he filed a lawsuit in February saying the company

NEW YORK (AP) — The editor of Forbes magazine says he testified Thursday before a grand jury hearing evidence in a criminal investigation into former President Donald Trump and his business practices, answering questions about a magazine article examining whether the former president inflated his wealth. Forbes editor Randall Lane wrote in a post on

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The nation’s top financial regulators told Congress Friday that threats to financial stability remain elevated even though the country has recovered from the worst economic shocks stemming from the COVID pandemic. In its annual report on financial system threats, the Financial Stability Oversight Council listed climate

KINGSLAND, Ga. (AP) — A federal agency expects to announce its decision Monday on whether to allow a launchpad that would fly commercial rockets from coastal Georgia. However, the Federal Aviation Administration is emphasizing that a license authorizing Camden County to operate a spaceport would not yet permit the launch of any rockets. In a

By PAUL WISEMAN and DEE-ANN DURBIN AP Business Writers The global economy hadn’t experienced anything like this for decades. Maybe ever. After years in which ultra-low inflation became a fixture of economies across the world, prices rocketed skyward in 2021 — at the grocery store, the gasoline pump, the used-car lot, the furniture store. Chalk

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union and the departed United Kingdom are showing that their relationship remains on the rocks even if last year’s Brexit trade deal was supposed to have ended the acrimony between them. On Friday, they postponed talks on their continued deep-seated differences into the New Year.

By SYLEJMAN KLLOKOQI and LLAZAR SEMINI Associated Press PRISTINA, Kosovo (AP) — Kosovo is hopeful that a deal with Denmark to rent 300 prison cells to help the Scandinavian country cope with its overpopulated prison system would help upgrade its correctional service and also cope with the energy crisis. The justice ministry has said the

By MONIKA SCISLOWSKA Associated Press WARSAW, Poland (AP) — Poland’s president will have the final decision on a controversial media bill seen as targeting a U.S.-owned TV network that’s often critical of the Polish government, after lawmakers overturned a Senate veto on the proposed legislation. The lower house unexpectedly returned to the law that seemed

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — The jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case late Friday after a three-month trial that captivated Silicon Valley. The hand-off came after lawyers for the opposing sides wrapped up a second

PARIS (AP) — French authorities say they will seek European Union legal action against Britain over a months-long, unresolved fishing dispute. The decision was announced after a meeting Friday between French President Emmanuel Macron and a delegation of French fishermen at the Elysee presidential palace. The U.K. licenses are at the center of the dispute

By ASHOK SHARMA Associated Press NEW DELHI (AP) — India and France have discussed future collaboration and co-production of defense equipment during a visit by the French defense minister. Florence Parly and her Indian counterpart Rajnath Singh expressed their commitment to increase defense cooperation in all domains. Parly said in an interview with The Times

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Emirati billionaire Majid Al Futtaim, who rose from working as a bank clerk to creating an eponymous business empire, including a massive Dubai mall with an indoor ski slope, has died. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced Al Futtaim’s death on

BY JENNIFER PELTZ and BOBBY CAINA CALVAN Associated Press NEW YORK (AP) — U.S. officials intensified calls for unvaccinated Americans to get inoculated in the face of the new omicron variant that contributed to a record number of infections in New York and threatened to wipe out a second holiday season in Europe. Friday had

By SARA RATHNER of NerdWallet A summer spent fetching coffee and answering phones can result in a more impressive resume, but you may be paying for it for years. Unpaid internships have become an unfortunate necessity for many students looking to launch their careers, but not everyone can depend on family for support. Some take

By ELAINE KURTENBACH AP Business Writer The Federal Reserve and most other central banks are shifting into inflation-fighting mode as pandemic recoveries power ahead despite renewed outbreaks of coronavirus. But while surging prices are haunting consumers and confounding economic planners in the U.S. and other countries, they’re still a distant concern in Japan. Its economy,

ANKARA, Turkey (AP) — Turkey’s currency has crashed to an new all-time low against the dollar a day after the Central Bank again lowered a key interest rate despite surging consumer prices. The lira’s fall prompted the Central Bank to intervene by selling off more foreign currency. It was the bank’s fifth intervention in recent

BEIJING (AP) — Crews have safely rescued 20 Chinese coal miners trapped inside a flooded shaft, while two others were found dead. The accident at the illegal operation occurred at about 11 p.m. Wednesday in Xiaoyi city in Shanxi province, a major coal-producing region southwest of Beijing. State broadcaster CCTV showed rescue crews bringing the

By KAREL JANICEK Associated Press PRAGUE (AP) — A new coalition government has taken office in the Czech Republic and faces the coronavirus pandemic and soaring inflation as immediate policy challenges. President Milos Zeman swore in the Cabinet of Prime Minister Petr Fiala at the presidential chateaux in Lany on Friday. Two political coalitions that

ANKARA, Turkey (AP) — The Istanbul governor’s office says at least 22 people have died in Istanbul after drinking bootleg alcohol. At least 16 people have been hospitalized and are in serious condition. The governor’s office said Friday that 11 of the dead and five of those who had fallen ill were foreign nationals. It

BERLIN (AP) — A closely watched survey shows business confidence in Germany has dropped for the sixth month in a row amid concern over the latest wave of coronavirus infections. The Ifo institute said Friday that its monthly confidence index for Europe’s biggest economy dropped to 94.7 points in December from 96.6 last month. The

By VLADIMIR ISACHENKOV and LORNE COOK Associated Press MOSCOW (AP) — Russia has published draft security demands that NATO deny membership to Ukraine and other former Soviet countries and roll back the alliance’s military deployments in Central and Eastern Europe. The bold ultimatums are almost certain to be rejected by the U.S. and its allies.

BEIJING (AP) — China has said it will take unspecified “necessary measures” to safeguard its institutions and enterprises after the U.S. Senate passed a new law barring imports from the Xinjiang region unless businesses can prove they were made without forced labor. A Foreign Ministry spokesperson said Friday that the legislation approved Thursday indicates that

By DANICA KIRKA Associated Press LONDON (AP) — U.K. Prime Minister Boris Johnson’s Conservative Party has suffered a stunning defeat in a parliamentary by-election that was viewed as a referendum on his government amid weeks of scandal and soaring COVID-19 infections. Liberal Democrat Helen Morgan overturned a Conservative majority of almost 23,000 votes from the

By ELENA BECATOROS Associated Press HERAT, Afghanistan (AP) — The value of Afghanistan’s currency is tumbling, exacerbating an already severe economic crisis in the wake of the Taliban takeover and deepening poverty in a country where more than half the population already doesn’t have enough to eat. The afghani lost more than 11% of its

By LISA MASCARO and ALAN FRAM Associated Press WASHINGTON (AP) — President Joe Biden has all but acknowledged negotiations over his sweeping domestic policy package will have to be pushed into the new year. It was a setback Thursday as Senate Democrats rushed to try to send the roughly $2 trillion bill to his desk

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japanese Prime Minister Fumio Kishida says his government is accelerating COVID-19 booster shots and securing oral medicines after speaking with Pfizer Inc. CEO Albert Burla. Japan has confirmed a handful of omicron variant cases, while revealing a cluster of infections of about 100 U.S. troops on Japan’s

By SCOTT SONNER Associated Press RENO, Nev. (AP) — Conservationists are suing three federal agencies over an environmental review the government says satisfies requirements to resume the killing coyotes, mountain lions and other wildlife in federally protected wilderness areas in Nevada. The move comes five years after the U.S. Agriculture Department’s Wildlife Services settled a

By GEOFF MULVIHILL Associated Press A federal judge has rejected OxyContin maker Purdue Pharma’s sweeping deal to settle thousands of lawsuits over the toll of opioids. U.S. District Court Judge Colleen McMahon in New York found flaws in the way the bankruptcy settlement protects members of the Sackler family who own the company from lawsuits.

SAN FRANCISCO (AP) — A major California utility has agreed to more than half a billion dollars in fines and penalties related to five wildfires in its territory in 2017 and 2018. The California Public Utilities Commission approved the settlement agreement with Southern California Edison on Thursday. It relates to the major Thomas and Woolsey

JACKSONVILLE, Fla. (AP) — Officials say an electrical fault from an improperly disconnected battery in a used vehicle led to the fire aboard a cargo ship docked in Florida that resulted in $40 million worth of damage. The National Transportation Safety Board released a report of its findings Thursday, along with eight safety recommendations to

DETROIT (AP) — Electric vehicle upstart Rivian Automotive posted a $1.23 billion net loss in the third quarter due to expenses from starting production of its pickup truck. The company said in its first public earnings report since its initial stock offering that it lost $12.21 per share for the quarter. Revenue was $1 million