AP National Business

Associated Press LAS VEGAS (AP) — From electric cars and boats to wireless TVs to the latest phones and tablets, there was a wide range of innovations on display at the CES tech show in Las Vegas last week. Some of it aimed to solve big real world problems. Some of it aimed to make

By JEFF AMY Associated Press ATLANTA (AP) — A South Korean solar panel maker says it will invest more than $2.5 billion in two Georgia factories. The Qcells unit of Hanwha Solutions will build a new 2,000-worker factory and hire 500 more workers for a third phase of an existing factory. President Joe Biden and

STOCKHOLM (AP) — Sweden’s center-right coalition government says it will present legislation which will enable the construction of new nuclear power stations. Prime Minister Ulf Kristersson said Wednesday that the government wants to alter the law to make it possible “to build more reactors in more places than is possible today.” Sweden’s environmental laws set

By KELVIN CHAN AP Business Writer LONDON (AP) — A report by the World Economic Forum says climate change is the global economy’s biggest long-term challenge but one the world is least prepared to tackle because of short-term problems led by a cost-of-living crisis. The group released its Global Risks Report ahead of its annual

By JILL LAWLESS Associated Press LONDON (AP) — The U.K. and the European Union are inching closer to settling a post-Brexit trade dispute that has brought economic headaches and political turmoil to Northern Ireland. In a significant breakthrough this week, the two sides struck a data-sharing agreement that will give the EU access to real-time

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mixed Thursday ahead of a closely watched report on U.S. inflation viewed as a good indicator of whether Wall Street’s recent rising optimism is warranted or overdone. Japan’s benchmark Nikkei 225 wobbled in early trading and was up 0.1% at 26,471.87. Australia’s S&P/ASX

By FRANK JORDANS Associated Press

By GENE JOHNSON Associated Press SEATTLE (AP) — Like the tobacco, oil, gun, opioid and vaping industries before them, the big U.S. social media companies are now facing lawsuits brought by public entities that seek to hold them accountable for a huge societal problem in the mental health crisis among youth. But the new lawsuits

By THALIA BEATY Associated Press The founder of FedEx, Fred Smith, believes that if you’ve done well, you should give back to the public interest. The 78-year-old Marine Corps veteran has stepped down as the CEO of FedEx but remains its executive chairman. Over the years, the billionaire has done little to publicize his and

By FATIMA HUSSEIN and JOSH BOAK Associated Press WASHINGTON (AP) — The federal government is on track to max out on its $31.4 trillion borrowing authority as soon as this month, starting the clock on an expected standoff between President Joe Biden and the new House Republican majority that will test both parties’ ability to

WASHINGTON (AP) — Federal officials say they’re going to require more operators that carry air passengers to adopt so-called safety management systems. Those are programs that detail how companies identify potential safety problems and address them before accidents occur. Such programs are already required for big airlines. The Federal Aviation Administration said Tuesday it also

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Chickens may not be able to fly very far, but the price of eggs is soaring. A lingering bird flu outbreak, combined with soaring feed, fuel and labor costs, has led to U.S. egg prices more than doubling over the past year, and hatched a

JEFFERSON CITY, Mo. (AP) — Geico is off the hook for now from paying $5.2 million to a woman who says she contracted a sexually transmitted disease in a car insured by the company. The Missouri Supreme Court on Tuesday ruled unanimously to overturn a lower court’s ruling that favored paying the woman. Instead, the

By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court is debating the lengths unions can go to when exerting pressure during a strike. The high court heard arguments in a case about concrete that was wasted when cement truck drivers walked off the job. The case comes to the justices following losses for

The Associated Press Stocks closed higher on Wall Street but remain largely stuck in a holding pattern ahead of potentially market-moving reports scheduled for later in the week. The S&P 500 rose 0.7% Tuesday after flipping between gains and losses. The Nasdaq and the Dow also rose. The next big marker for the market is

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Bed Bath & Beyond Inc., up 45 cents to $2.07. The home goods retailer said it will slash an additional $80 million to $100 million in costs across the company, including an unspecified number of layoffs. Coinbase Global Inc., up $4.96

NEW YORK (AP) — The brother of a former Coinbase product manager was sentenced to 10 months in prison on Tuesday in what federal prosecutors have called the first insider trading case involving cryptocurrency. Nikhil Wahi, 27, of Seattle, was sentenced in federal court in Manhattan after pleading guilty in September to one count of

By DAVID A. LIEB Associated Press JEFFERSON CITY, Mo. (AP) — States and local governments soon will have new flexibility to spend billions of dollars of federal coronavirus relief funds on some things not directly related to the pandemic. A $1.7 trillion spending bill recently signed into law included several provisions expanding the ways governments

The Associated Press Benchmark U.S. crude oil for February delivery rose 49 cents to $75.12 a barrel Tuesday. Brent crude for March delivery rose 45 cents to $80.10 a barrel. Wholesale gasoline for February delivery rose 4 cents to $2.33 a gallon. February heating oil rose 10 cents to $3.24 a gallon. February natural gas

FRANKLIN, Tenn. (AP) — In-N-Out Burger plans to open a corporate office in Tennessee and restaurants in the Nashville area by 2026. The announcement Tuesday marks the company’s first expansion east of Texas. Tennessee Gov. Bill Lee joined In-N-Out Burger owner and President Lynsi Snyder for Tuesday’s announcement in Franklin, south of Nashville. Construction of

DUBAI, United Arab Emirates (AP) — The United Arab Emirates announced a ban on single-use plastic shopping bags to take effect next year, the latest initiative aimed at reducing pollution in the oil-rich nation. The law would prohibit the import, production and circulation of such bags from Jan. 1, 2024, according to an announcement Tuesday

By THALIA BEATY Associated Press NEW YORK (AP) — Buffalo Bills safety Damar Hamlin plans to support young people through education and sports with the $8.6 million in GoFundMe donations that unexpectedly poured into his toy drive fundraiser after he suffered a cardiac arrest in the middle of a game last week. The Giving Back

By SAM METZ Associated Press SALT LAKE CITY (AP) — Vendors selling hiking apparel, e-bikes, zippers and other outdoor gear gathered in Utah this week for what has long been one of the country’s largest trade shows catering to the recreation industry, marking its return to the deeply Republican state after a four-year boycott over

By BERT WILKINSON The Associated Press GEORGETOWN, Guyana (AP) — The government of Guyana says there’s 1.3 billion barrels of recoverable oil reserves in another major field off its shores. Once developed, it could bring $1.6 billion in revenues to the South American nation, plus 2% royalties thereafter. This would be the fifth field in

By JENNIFER PELTZ Associated Press NEW YORK (AP) — A nursing strike that has disrupted patient care at two of New York City’s largest hospitals has entered its second day. A union official said Tuesday that progress was being made toward a possible settlement at one of the institutions. As nurses walked the picket lines,

WILLOWBROOK, Ill. (AP) — The former operator of a suburban Chicago medical equipment cleaning plant has agreed to pay $408 million to settle hundreds of lawsuits alleging that the now-shuttered facility exposed residents to a toxic industrial gas and caused illnesses. Sterigenics announced Monday that a claims administrator will be appointed to distribute the money

DETROIT (AP) — Traffic crashes in the U.S. cost society $340 billion in one year, or just over $1,000 for each of the country’s 328 million people, according to a study by safety regulators. The National Highway Traffic Safety Administration said Tuesday it studied crashes in calendar year 2019 that killed an estimated 36,500 people,

TEL AVIV, Israel (AP) — Investments in Israel’s tech sector dropped by nearly half in 2022, reflecting a global economic slowdown. That’s according to a report Tuesday by Startup Nation Central, a nonprofit organization that tracks the industry in Israel. The group’s analysis showed that the total value of investments in the industry sank from

By RAF CASERT Associated Press ANTWERP, Belgium (AP) — Cocaine is spreading at an alarming rate through Europe, much of it through the world ports of Antwerp in Belgium and Rotterdam in the Netherlands. And Tuesday’s announcement of record seizures is also obscuring a bigger truth — that South American cartels are throwing ever more

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom says the state will have a $22.5 billion budget deficit. Newsom announced the deficit on Tuesday. It was a sharp turnaround from last year’s budget when the state had around a $100 billion surplus. Newsom wants to make up the shortfall by

By DEE-ANN DURBIN AP Business Writer Labor organizers hope this will be the year that Starbucks’ U.S. workers finally negotiate a union contract. But bargaining is at a standstill and thousands of employees are still unconvinced of the union’s value. Since December of 2021, 358 U.S. Starbucks stores have petitioned the National Labor Relations Board

By KELVIN CHAN AP Business Writer LONDON (AP) — TikTok’s CEO has met with European Union officials about strict new digital regulations in the 27-nation bloc as the Chinese-owned social media app faces growing scrutiny from Western authorities over data privacy, cybersecurity and misinformation. In meetings Tuesday in Brussels, Shou Zi Chew and four officials

By JIM GOMEZ Associated Press MANILA, Philippines (AP) — The Philippine Supreme Court has declared unconstitutional a 2005 pact by China, the Philippines and Vietnam to jointly explore for oil in the disputed South China Sea. The decision by 12 of the court’s 15 justices voided the Joint Marine Seismic Undertaking agreement by state-owned companies

By DAVID KOENIG AP Airlines Writer Boeing took more than 200 net orders for passenger airplanes in December to complete its best year since 2018, but it failed again to catch up with European manufacturer Airbus in orders and aircraft deliveries. Airbus reported Tuesday that it took orders for 820 planes in all of 2022,

GENEVA (AP) — The Swiss town of Davos will host 52 heads of state and government and nearly 600 CEOs as the World Economic Forum hosts its annual meeting in the Alps next week. Forum organizers said Tuesday that their latest lineup for the elite gathering of political leaders, business executives, cultural trend-setters and international

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China — the World Bank warned on Tuesday. In an annual report, the World Bank, which lends money

By CHRISTOPHER RUGABER and DAVID MCHUGH Associated Press Writers WASHINGTON (AP) — The Federal Reserve has only a limited role to play in combating climate change, Chair Jerome Powell said Tuesday, a stance that puts him at odds with environmental activists who have pushed central banks worldwide to take steps to restrict lending to energy

By MICHELLE CHAPMAN AP Business Writer Bed Bath & Beyond’s fiscal third-quarter sales fell by a third as the home goods company struggles to strike the right balance with its shoppers, a sign of its worsening outlook. The company, which has already been cutting costs, said Tuesday it will slash an additional $80 million to

WARSAW, Poland (AP) — Poland’s prime minister has argued strongly against the country’s adoption of the European Union’s common currency in the foreseeable future. He said Tuesday that replacing Poland’s currency, the zloty, with the euro would boost inflation that’s already above 17% and push up the cost of living for Poles. He maintained that

By KIM COOK Associated Press At first glance, Nina Edwards Anker’s sconces and chandeliers look like ancient scrolls of parchment or sheets of buttery toffee wrapped around LED bulbs. They’re actually made of dried algae. And Anker doesn’t disguise it. Her shades for lighting have the imperfections of their natural state. The honey-toned translucent colors

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Warm weather is helping Europe keep the lights and heat on this winter despite Russia cutting off most of its natural gas supply to the continent. Record highs have left Europe’s gas reserves practically untouched well into the winter heating season. That’s highly unusual —

By SUSAN HAIGH and PAT EATON-ROBB Associated Press MONTVILLE, Conn. (AP) — Connecticut’s first round of recreational cannabis sales for adults 21 and older have begun. Sales were allowed to start at 10 a.m. Tuesday at seven existing medical marijuana establishments. By 5 p.m., state officials reported more than $250,000 in sales were generated in

By MICHELLE CHAPMAN AP Business Writer NEW YORK (AP) — Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year. The cryptocurrency trading platform announced the elimination of 1,100 jobs in June, or approximately 18% of its global workforce, in a first

By MELISSA LAMBARENA of NerdWallet After the holiday season, those “buy now, pay later” bills will come due. If you’ve taken on too much debt or experienced a financial setback along the way, some options may provide a way out. Depending on your situation and the terms of the buy now, pay later plan, you’ll

By MAE ANDERSON AP Business Writer NEW YORK (AP) — Small businesses face a mix of old and new challenges as 2023 begins. A looming recession, still high inflation and labor woes are a few things small businesses will have to tackle. There are some new regulatory wrinkles, such as a proposed change in how

BERLIN (AP) — The CEO of energy company Uniper has decided to step down after the German government nationalized the gas supplier last month. Uniper said Tuesday that Klaus-Dieter Maubach is exercising a special right to terminate his contract and will leave the board this year. It added that Maubach is willing to stay in

By COLLIN BINKLEY AP Education Writer WASHINGTON (AP) — The White House is moving forward with a proposal that would lower student debt payments for millions of Americans now and in the future, offering a new route to repay federal loans under far more generous terms. President Joe Biden announced the repayment plan in August,

By SAMY MAGDY Associated Press CAIRO (AP) — Egypt’s statistics bureau says the nation is continuing to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes. The Central Agency for Mobilization and Statistics released figures on Tuesday showing that the annual inflation was at 21.9% last month,

By FRANK JORDANS Associated Press LUETZERATH, Germany (AP) — Several hundred climate activists have tried to prevent heavy machinery from reaching an abandoned village in Germany that’s due to be cleared for the expansion of a coal mine. Their efforts on Tuesday came even as police pushed back protesters and removed road blocks ahead of

By SYLVIE CORBET The Associated Press PARIS (AP) — French Prime Minister Elisabeth Borne has unveiled a contentious pension overhaul aimed at raising the retirement age from 62 to 64 by 2030. The country’s main unions called for strikes and protests on Jan. 19. Borne said the minimum retirement age to be entitled to a

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Allen Weisselberg, a longtime executive for Donald Trump ’s business empire, was taken into custody Tuesday to begin serving a five-month jail term for dodging taxes on $1.7 million in job perks — a punishment the judge who sentenced him said was probably too lenient

By COLLEEN LONG and CHRISTOPHER SHERMAN Associated Press MEXICO CITY (AP) — President Joe Biden,  Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit. The leaders are offering a unified

By KEVIN FREKING Associated Press WASHINGTON (AP) — House Republicans began their tenure in the majority Monday by passing a bill that would rescind nearly $71 billion that Congress had provided the IRS, fulfilling a campaign promise even though the legislation is unlikely to advance further. Democrats had beefed up the IRS over the next

NEW HAVEN, Conn. (AP) — Graduate teachers and researchers at Yale University have overwhelmingly voted to unionize. Results released Monday indicate 91% of the more than 2,000 votes cast were in support of authorizing the formation of Local 33-UNITE HERE. It comes after decades of attempts to form a union, the first dating back to

DALLAS (AP) — Southwest Airlines is making a number of executive promotions, but nobody is getting fired after thousands of flights were canceled in late December. The airline announced five executive promotions on Monday, none involving the highest-ranking jobs at the airline. Southwest says the shuffling will improve its operation by bringing schedule design and

By HEATHER HOLLINGSWORTH Associated Press MISSION, Kan. (AP) — The Environmental Protection Agency announced Monday that it has reached an agreement with a pipeline operator to clean up a spill that dumped 14,000 bathtubs’ worth of crude oil into a rural Kansas creek. The agency said in a news release that the Dec. 7 rupture

MINNEAPOLIS (AP) — George Floyd’s family is ready to take applications from businesses for grants funded by money from their wrongful death legal settlement with the city of Minneapolis. Floyd, who was Black, died in May 2020 after a white Minneapolis police officer pressed his knee into Floyd’s neck for nearly nine minutes. His family

By SCOTT McFETRIDGE Associated Press DES MOINES, Iowa (AP) — An estimated $1.1 billion Mega Millions jackpot drawing Tuesday night has people lined up at convenience stores nationwide to buy tickets in longshot hopes of winning a massive prize, but shop and gas station owners selling the tickets also have a chance at a big-figure

MOLINE, Ill. (AP) — Equipment manufacturer John Deere and the American Farm Bureau Federation have signed an agreement that ensures farmers and ranchers have the right to repair their own farm equipment. They say the deal signed Sunday at the Farm Bureau Federation convention in San Juan, Puerto Rico, follows several years of discussions between

The Associated Press Stocks gave up early gains and drifted to a mixed close on Wall Street. Weakness in health care companies worsened throughout the day. Stocks are coming off their first weekly gain in five on hopes the Federal Reserve may ease up on its economy-shaking hikes to interest rates as inflation cools. The

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Duck Creek, Rite Aid rise; Macy’s, Lululemon fall.

The Associated Press Benchmark U.S. crude oil for February delivery rose 86 cents to $74.63 a barrel Monday. Brent crude for March delivery rose $1.08 to $79.65 a barrel. Wholesale gasoline for February delivery rose 5 cents to $2.29 a gallon. February heating oil rose 4 cents to $3.04 a gallon. February natural gas rose

MEXICO CITY (AP) — Mexico ended 2022 with 7.82% annual inflation, the highest rate in more than two decades. What Mexican families felt most was the 14.14% annual inflation in food prices. The National Statistics Institute said Monday that food suffered the highest price increases. By comparison, inflation in 2021 ran at 7.36%. Mexico’s central

By CARA RUBINSKY Associated Press LAS VEGAS (AP) — From an AI oven that promises to warn you when your food is about to burn to a mixing bowl designed to take the hassle out of tracking calories, food tech has been a key theme at this year’s CES tech show in Las Vegas. Analyst

ROME (AP) — Russian oil company Lukoil say it has reached an agreement for the sale of a refinery plant in Sicily. Thousands of refinery workers have feared job losses due to the European embargo on Russian oil stemming from the war in Ukraine. The company statement on Monday said that the sale of the

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s company continues selling off its BYD shares despite the positive comments he made in the past about the Chinese electric car maker, but Berkshire Hathaway remains a major shareholder. Berkshire said in a filing with the Hong Kong stock exchange Monday that it

By TOM KRISHER AP Auto Writer DETROIT (AP) — The number of traffic deaths on U.S. roadways fell slightly during the first nine months of 2022, but pedestrian and cyclist deaths continued to rise. The National Highway Traffic Safety Administration estimates that 31,785 people were killed in crashes from January through September, down 0.2% from

By MICHELLE CHAPMAN AP Business Writer The Securities and Exchange Commission is charging McDonald’s former CEO Stephen Easterbrook with making false and misleading statements to investors about the circumstances leading to his firing in November 2019. Easterbrook was ousted for engaging in an inappropriate personal relationship with a McDonald’s employee in violation of company policy.

BY JONEL ALECCIA AP Health Writer New guidelines suggest children struggling with obesity should be evaluated and treated early and aggressively. The American Academy of Pediatrics says treatments can include medication for kids as young as 12 and surgery for those as young as 13. The group said Monday delaying treatment to see whether children

By TOM KRISHER AP Auto Writer DETROIT (AP) — A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators. The National Highway Traffic Safety

By SYLVIA HUI Associated Press LONDON (AP) — A mission to launch the first satellites into orbit from Western Europe suffered an “anomaly” Tuesday, Virgin Orbit said. The U.S.-based company attempted its first international launch on Monday, using a modified jumbo jet to carry one of its rockets from Cornwall in southwestern England to the

By LIZ WESTON of NerdWallet Inflation has a way of affecting nearly every aspect of our finances. Big jumps in tax brackets could save you money, especially if you’re working and your raises — like those of most workers — haven’t kept pace with inflation. Plus, a $2,000 increase in 401(k) limits means you can

By VASILISA STEPANENKO Associated Press KRAMATORSK, Ukraine (AP) — Officials at a vocational school in an eastern Ukraine city dismissed claims by Russia that hundreds of Ukrainian troops were killed in a missile strike there, saying Monday that a rocket merely blew out windows and damaged classrooms. Russia specifically named the vocational school in Kramatorsk

By CHALIDA EKVITTHAYAVECHNUKUL and TIAN McLEOD JI Associated Press BANGKOK (AP) — Three Cabinet ministers welcomed Chinese tourists with flowers and gifts as they arrived Monday at Bangkok’s Suvarnabhumi Airport after China relaxed travel restrictions. The high-profile event reflected the importance Thailand places on wooing back Chinese travelers to help restore its pandemic-battered tourism industry

By COLLEEN LONG and MARIA VERZA Associated Press MEXICO CITY (AP) — Mexican President Andres Manuel López Obrador is challenging U.S. President Joe Biden to end an attitude of “abandonment” and “disdain” for Latin America and the Caribbean as the two leaders meet in Mexico City. His comments made for a brusque opening to a

By BRITTANY PETERSON Associated Press LAS VEGAS (AP) — The mottled bright green leaves of a pothos plant stood out against the flashy expanse of electric vehicles and smart products at the CES tech show in Las Vegas this year. This particular version of the familiar houseplant was bioengineered to remove 30 times the amount

By JILL LAWLESS Associated Press LONDON (AP) — British government ministers have met trade union leaders but have fallen short of ending a wave of strikes that has hobbled the U.K.’s rail network and overburdened health system. Health Secretary Steve Barclay held talks Monday with health care unions. Other ministers met with railway unions who

By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — China will not include Pfizer’s COVID-19 treatment drug in a national reimbursement list that would have allowed patients to get it at a cheaper price, saying it was too expensive. The oral medicine Paxlovid developed by New York-based drugmaker Pfizer has been widely sought after in

By KAREL JANICEK Associated Press PRAGUE (AP) — A Prague court has acquitted former Prime Minister Andrej Babis of fraud charges in a $2 million case involving European Union subsidies. A prosecutor requested a three-year suspended sentence and a fine of 10 million Czech koruna ($440,000) for the populist billionaire. Babis pleaded not guilty and

By JAMEY KEATEN and MUNIR AHMED Associated Press GENEVA (AP) — Dozens of countries and international institutions have pledged more than $9 billion to help Pakistan recover and rebuild from this summer’s devastating floods. That’s to help the country through what the U.N. chief called “a climate disaster of monumental scale.” The flooding killed more

By JENNIFER PELTZ Associated Press NEW YORK (AP) — Thousands of nurses went on strike Monday at two of New York City’s major hospitals after contract negotiations stalled over staffing and salaries nearly three years into the coronavirus pandemic. The privately owned, nonprofit hospitals were postponing nonemergency surgeries, diverting ambulances to other medical centers, pulling

By JOE McDONALD AP Business Writer BEIJING (AP) — Stock markets were mixed Tuesday ahead of a U.S. inflation update that traders hope will encourage the Federal Reserve to ease off plans for more interest rate hikes. Shanghai and Tokyo rose. Hong Kong and Sydney retreated. Oil prices declined. Traders worry repeated rate hikes by

SARAJEVO, Bosnia-Herzegovina (AP) — The Bosnian Serb separatist leader has awarded Russian President Vladimir Putin with the highest medal of honor for his “patriotic concern and love” for the Serb-controlled half of Bosnia. Bosnian Serb president Milorad Dodik says “Putin is responsible for developing and strengthening cooperation and political and friendly relations” between Republika Srpska

By HALELUYA HADERO and RIO YAMAT Associated Press LAS VEGAS (AP) — Is the metaverse closer than we think? It depends on who you ask at CES, where companies are showing off innovations that could immerse us deeper into virtual reality, otherwise known as VR. The metaverse — essentially a buzzword for three-dimensional virtual communities

By KEN SWEET AP Business Writer NASSAU, Bahamas (AP) — Dressed in a canary blue suit on a warm December night, sweat dripping from his brow, Bishop Lawrence Rolle belts out the lyrics to his latest hit song for the hundreds of children and adults gathered to celebrate Christmas. “FTX!,” he sings, bent over and