Skip to Content

AP National Business

Ukraine hails US military aid as cease-fire said to falter

By HANNA ARHIROVA and ANDREW MELDRUM Associated Press KYIV, Ukraine (AP) — Ukraine’s president praised the United States for including tank-killing armored vehicles in its latest multibillion-dollar package of military aid, saying they are “exactly what is needed” for Ukrainian troops locked in combat against Russian forces, even as both sides celebrated Orthodox Christmas on

Continue Reading

Macy’s tempers holiday sales outlook

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Macy’s is tempering its sales outlook for the fiscal fourth quarter after shoppers spent less than expected during the lull between Thanksgiving weekend and the final days before Christmas. The New York-based department store chain, which also operates upscale Bloomingdale’s and Bluemercury stores, said Friday

Continue Reading

Pakistan unsure flood aid conference to translate into funds

By MUNIR AHMED Associated Press ISLAMABAD (AP) — Pakistani officials are increasingly concerned whether next week’s U.N.-backed conference will succeed in raising the billions of dollars needed to help survivors and launch reconstruction efforts following last summer’s devastating floods. Authorities say they need $16.3 billion, half of which will be financed from the budget. The

Continue Reading

Oklahoma AG announces 4 new opioid settlements worth $226M

By SEAN MURPHY Associated Press OKLAHOMA CITY (AP) — Oklahoma has entered into four new settlements with opioid makers and distributors totaling more than $226 million. Outgoing Attorney General John O’Connor announced the agreements Wednesday with Walgreens, CVS, Walmart and opioid manufacturer Allergan. The three pharmacy chains announced in November that they had reached opioid

Continue Reading

Coinbase to pay $100M in settlement with New York regulators

NEW YORK (AP) — New York announced a $100 million settlement with Coinbase on Wednesday over what state officials called significant failures in the cryptocurrency trading platform’s systems for spotting potential criminal activity. According to the state Department of Financial Services, Coinbase’s anti-money-laundering program and its system for monitoring transactions for suspicious activity were inadequate

Continue Reading