AP National Business

By SYLVIE CORBET The Associated Press PARIS (AP) — French President Emmanuel Macron will have to muster all his diplomatic adeptness and political acumen on a three-day state visit to China where the war in Ukraine will be front and center. Macron is expected to warn China against sending weapons to Russia and instead ask

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were trading mixed Wednesday following a decline on Wall Street after reports on the U.S. economy came in weaker than expected. Japan’s benchmark Nikkei 225 lost 1.3% in morning trading to 27,931.00. Australia’s S&P/ASX 200 stood little changed, inching down less than 0.1% to

By JOE McDONALD AP Business Writer BEIJING (AP) — Furious at U.S. efforts that cut off access to technology to make advanced computer chips, China’s leaders appear to be struggling to figure out how to retaliate without hurting their own ambitions in telecoms, artificial intelligence and other industries. President Xi Jinping’s government sees the chips

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — The Asian Development Bank says China’s recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year. The ADB’s latest update forecasts an expansion of 4.8% in this year and the next, up from 4.2% in 2022. It said

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A group of CSX conductors will soon become the first train crew employees at one of the major freight railroads to have paid sick time. CSX said Monday that it had reached an agreement to give about 2,400 members of a union that represents some

DUBAI, United Arab Emirates (AP) — A court in Dubai has rejected the appeal of a British financier fighting extradition to Denmark, where he is accused of orchestrating a $1.7 billion tax fraud. Hedge fund trader Sanjay Shah is accused of masterminding a scheme that ran from 2012 to 2015 in which foreign businesses pretended

By MATT O’BRIEN AP Technology Writer Elon Musk had promised to take away all of Twitter’s blue check marks doled out to Hollywood stars, professional athletes, business leaders, authors and journalists unless they start buying a monthly subscription to the social media service. Musk’s goal was to shove the advertising-dependent platform he bought for $44

SAO PAULO SP, Brazil — Gerdau: Q4 Earnings Snapshot

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Prosecutors are asking a judge to reject bail for a wealthy self-exiled Chinese businessman charged in a $1 billion fraud, saying he’s already breaking jail rules, and can flee or do harm even if freed on the most stringent bail conditions. The government has submitted a

BOCA RATON, Fla. — Greenlane: Q4 Earnings Snapshot

By JAKE COYLE AP Film Writer NEW YORK (AP) — While Ben Affleck and Matt Damon were writing “The Last Duel,” their first screenplay together since their 1997 breakthrough, “Good Will Hunting,” they noticed that something in their winding and usually separate careers had been missing. “I remember my wife said to me one day:

The Associated Press Stocks closed mixed on Wall Street Monday as big gains for energy stocks offset losses for some big technology stocks. The S&P 500 rose 0.4% and the Nasdaq lost 0.3% on the first day of the second quarter. Exxon Mobil had its biggest gain of the year so far and other oil

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Heska Corp., up $20.12 to $117.74. M&M’s maker Mars is buying the veterinary health company as it expands into that sector. Teck Resources Ltd., up $7.15 to $43.65. The mining company rejected a buyout offer from Glencore. Apellis Pharmaceuticals Inc., up

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A lawsuit says Union Pacific routinely hires private investigators to check out employees’ medical leave claims and then fires anyone who happens to leave their house while they are off. The lawyer who filed the Texas lawsuit says this practice is another example of how

The Associated Press Benchmark U.S. crude oil for May delivery rose $4.75 to $80.42 a barrel Monday. Brent crude for June delivery rose $5.04 to $84.93 a barrel. Wholesale gasoline for May delivery rose 8 cents to $2.76 a gallon. May heating oil rose 4 cents to $2.66 a gallon. May natural gas fell 12

By MIKE SCHNEIDER Associated Press ORLANDO, Fla. (AP) — Disney CEO Bob Iger has said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threaten jobs or expansion at its Florida resort is not only “anti-business … but anti-Florida.” Iger spoke Monday in a response to a

By DEE-ANN DURBIN AP Business Writer Starbucks has fired one of the workers who helped kick off a unionization effort at the company. Lexi Rizzo was an eight-year Starbucks employee and shift supervisor. She was fired from her store in Buffalo, New York, on Friday. Starbucks Workers United, the union organizing Starbucks’ workers, said Rizzo

By TERRY TANG Associated Press PHOENIX (AP) — A giant red spoon that was stolen from an Arizona Dairy Queen and sparked a mystery on social media was found and it’s partly thanks to Pokémon GO. Michael Foster was playing the outdoor mobile game when he spotted the 15-foot spoon around 7 a.m. Monday on

FRANKFURT, Germany (AP) — The German arm of EY has been fined 500,000 euros after acting as the auditor for collapsed payments company Wirecard and barred from auditing certain kinds of companies for two years. Germany’s APAS accounting oversight body said Monday that it imposed the fine for breach of professional duty in auditing Wirecard.

By TOM KRISHER AP Auto Writer DETROIT (AP) — Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years with deaths due to speeding and impaired or distracted driving on the rise. The 2021 final numbers, released Monday by the National Highway Traffic Safety Administration, confirmed earlier estimates by

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia said they’re cutting supplies of crude — again. This time, the decision was a surprise and is underlining worries about where the global economy might be headed. Russia is joining in by extending its own cuts for the

NEW YORK — Reading International: Q4 Earnings Snapshot

By JON MARCUS, The Hechinger Report When Santos Enrique Camara arrived at Shoreline Community College in Washington state to study audio engineering, he quickly felt lost. “It’s like a weird maze,” remembered Camara, who was 19 at the time and had finished high school with a 4.0 grade-point average. “You need help with your classes

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Over the past year, the world economy has withstood the combined shocks of higher interest rates and Ukraine war better than just about anyone expected. The International Monetary Fund and the Organization for Economic Cooperation and Development, among others, have upgraded their economic forecasts for 2022.

By MICHELLE CHAPMAN AP Business Writer WWE is saying goodbye to existing as a family-run business as it joins with the company that runs Ultimate Fighting Championship to create a $21.4 billion sports entertainment company. The deal announced Monday between Endeavor and World Wrestling Entertainment, on the heels of its biggest event of the year,

By LIZ WESTON of NerdWallet Good savers who take full advantage of their 401(k) plans and other tax-deductible retirement plans could be setting themselves up for unnecessarily high tax bills in retirement. This tax bomb could be set off because the retiree’s withdrawals will be taxable, and required minimum distributions could even force them into

GENEVA (AP) — The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit Suisse, which is to be taken over by rival UBS. Switzerland’s government and financial regulators helped engineer the hastily arranged, $3.25 billion agreement that will leave the country with a single huge global bank.

By DEE-ANN DURBIN AP Business Writer McDonald’s has closed its U.S. offices through Wednesday and told its corporate staff to work remotely as it prepares to announce a round of layoffs. In a memo to workers posted on the website TheLayoff.com, the Chicago-based burger giant said it wanted to “ensure the comfort and confidentiality of

The U.S. government will release a closely watched report on job openings Tuesday. The Institute for Supply Management releases its latest report on the services sector on Wednesday. The government releases its monthly employment report for March on Friday.

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mixed in Asia on Tuesday as investors watched for the latest moves by central banks, while oil prices steadied after shooting higher the day before following an announcement that major exporters plan to cut production. Benchmarks rose in Tokyo, Shanghai and Seoul but fell

By FARNOUSH AMIRI Associated Press WASHINGTON (AP) — More than two dozen Democratic members of Congress who are active on TikTok are now facing questions about whether they’ll continue to use it. Many are defending their presence on the platform, saying they have a responsibility as public officials to meet voters they wouldn’t otherwise reach.

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Business sentiment among big Japanese manufacturers worsened in the first quarter of this year. That’s according to a Bank of Japan survey of business sentiments called “tankan.” It was the fifth straight decline in manufacturers’ sentiments in the quarterly survey. The central bank’s survey released Monday

By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla’s first-quarter vehicle sales rose 36% after the company cut prices twice in a bid to stimulate demand. The electric car, SUV and heavy truck maker said it delivered 422,875 vehicles worldwide from January to March. That’s up from just over 310,000 a year ago. According

By The Associated Press Twitter has removed the verification check mark on the main account of The New York Times, one of CEO Elon Musk’s most despised news organizations. The removal comes as many of Twitter’s high-profile users are bracing for the loss of the blue check marks that helped verify their identity and distinguish

DUBAI, United Arab Emirates (AP) — Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling up to 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide. Higher oil prices would help fill Russian President Vladimir Putin’s coffers as his country

By ABBY SEWELL and YASMINE MOSIMANN BEIRUT (AP) — Authorities in Iraq’s semi-autonomous northern region say they have reached a deal with the central government in Baghdad that will allow oil exports from the Kurdish region by way of Turkey to resume. The agreement announced on Sunday comes after an arbitration process by the International

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Companies from toothpaste makers to even discounters are adding more premium items like designer body creams and services as they reach out to wealthier shoppers who are still spending freely even in the face of higher inflation and a volatile economic environment. Think $10 toothpastes

TRENTON, N.J. (AP) — Analysts say gas prices have increased in New Jersey and around the nation at large amid increased demand as warmer spring weather lures motorists back out onto the roads. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.25, an increase of

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Evacuation orders have been lifted in small sections of Tomioka, a town just southwest of the wrecked Fukushima nuclear power plant, in time for the area’s popular cherry blossom season. Prime Minister Fumio Kishida joined a ceremony there on Saturday. An earthquake and tsunami in March 2011

By JAMEY KEATEN Associated Press GENEVA (AP) — The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say, warning that the country’s prosperity could grow too dependent on a single banking behemoth. The uncertain future of a union of Switzerland’s two global

By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — New Mexico produced more than 53,000 tons of its most famous crop during the last growing season, meaning more chile peppers found their way into salsas and onto dinner plates than the previous year. State and federal agriculture officials rolled out the latest numbers this

By JOSH FUNK Associated Press Workers have started removing contaminated soil and damaged railcars left behind after Thursday’s fiery train derailment in southwest Minnesota. Authorities said Friday that the ethanol fire that burned for hours had been extinguished and that firefighters had returned home. BNSF railroad crews started to remove contaminated soil from under and

RICHMOND, British Columbia — Neovasc: Q4 Earnings Snapshot

TORONTO — Loncor Gold: Q4 Earnings Snapshot

WOOD DALE, Ill. — Power Solutions: Q4 Earnings Snapshot

The Associated Press Stocks rallied on Wall Street and closed out a winning March despite a long list of worries for investors. The S&P 500 gained 1.4% Friday and rose 3.5% for the month, with tech stocks leading the way. The index also notched its second winning quarter in a row after tumbling through most

ATLANTA — Williams Industrial Services: Q4 Earnings Snapshot

By KEVIN McGILL Associated Press NEW ORLEANS (AP) — A federal appeals court has ruled that a 2018 Twitter post by Tesla CEO Elon Musk unlawfully threatened Tesla employees with the loss of stock options if they decided to be represented by a union. Friday’s ruling by a three-judge panel of the 5th U.S. Circuit

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Virgin Orbit Holdings Inc., down 14 cents to 20 cents. Richard Branson’s satellite launch company is letting go of almost its entire work force. Pineapple Energy Inc., up 16 cents to $1.59. The broadband network services company beat analysts’ fourth-quarter financial

By RANDALL CHASE and DAVID BAUDER Associated Press DOVER, Del. (AP) — A Delaware judge’s ruling Friday set the stage for a dramatic springtime trial on whether Fox News bears financial responsibility for airing false allegations that a voting machine company rigged the 2020 presidential election against former President Donald Trump. Superior Court Judge Eric

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Pressure is mounting on an obscure U.N. body based in Jamaica to hit pause on plans to potentially open the world’s deep seas to mining as companies push for permission to extract metals from seabeds in international waters. The International Seabed Authority on Friday

By The Associated Press California and three other states are joining a federal lawsuit against JetBlue over its proposed $3.8 billion purchase of Spirit Airlines. New Jersey, Maryland and North Carolina also joined the case on Friday. The Biden administration argues that the deal will reduce competition and drive up prices by eliminating Spirit, which

The Associated Press Benchmark U.S. crude oil for May delivery rose $1.30 to $75.67 a barrel Friday. Brent crude for May delivery rose 50 cents to $79.77 a barrel. Wholesale gasoline for April delivery rose 4 cents to $2.70 a gallon. April heating oil rose 6 cents to $2.68 a gallon. May natural gas rose

By HALELUYA HADERO SAULSALITO, Calif. (AP) — Under intense scrutiny from Washington that could lead to a potential ban, the top attorney for TikTok and its Chinese parent company ByteDance defended the social media platform’s plan to safeguard U.S. user data from China. “The basic approach that we’re following is to make it physically impossible

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — A joint study by two federal government scientific agencies and the commercial fishing industry documents numerous impacts that offshore wind power projects have on fish and marine mammals. They include noise, vibration, electromagnetic fields and heat transfer that could alter the marine environment. The report

By AMANDA SEITZ and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — An annual report on Social Security and Medicare says the financial safety nets millions of older Americans rely on and millions more young people are counting on will run short on funds to pay full benefits within the next decade. The Social Security and

By SOPHIE AUSTIN Associated Press/Report for America SACRAMENTO, Calif. (AP) — The Biden administration cleared the way Friday for California’s plan to phase out a wide range of diesel-powered trucks, part of the state’s efforts to drastically cut planet-warming emissions and improve air quality in heavy-traffic areas like ports along the coast. The decision by

By JOHN SEEWER Associated Press The federal government filed a lawsuit against railroad Norfolk Southern over environmental damage caused by a train derailment on the Ohio-Pennsylvania border that spilled hazardous chemicals into nearby creeks and rivers. The U.S. Department of Justice said it’s seeking to hold the company accountable for “unlawfully polluting the nation’s waterways

WARSAW, Poland (AP) — The leaders of five European Union members helping the transit of Ukrainian farm produce to third countries are calling for EU action over a glut that resulted from the goods not leaving for their destinations, bringing down prices in their own markets and angering farmers. Poland, Romania and other countries stepped

TEL AVIV, Israel — Ellomay: Q4 Earnings Snapshot

By FATIMA HUSSEIN and SALLY HO Associated Press WASHINGTON (AP) — Under pressure from the U.S. government, TikTok is now facing the music with the possibility of a nationwide ban if it defies a government order to sell to an American company — unless the popular social media app can convince a high-powered panel that

VANCOUVER, British Columbia — Lithium Americas Corp.: Q4 Earnings Snapshot

DALLAS — CIM Commercial Trust: Q4 Earnings Snapshot

VANCOUVER, British Columbia — SouthGobi Resources: Q4 Earnings Snapshot

YONKERS, N.Y. — ContraFect: Q4 Earnings Snapshot

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s yearlong effort to cool price pressures through steadily higher interest rates. Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — The foreign ministers of Cyprus, Greece and Israel say the eastern Mediterranean can provide a key energy corridor to Europe through a planned electricity cable connecting the three countries’ power grids and a potential natural gas pipeline. The three ministers met in the Cypriot capital Friday

ALPHARETTA, Ga. — Alimera Sciences: Q4 Earnings Snapshot

OAK BROOK, Ill. — Ascent Industries: Q4 Earnings Snapshot

By MICHELLE CHAPMAN AP Business Writer Richard Branson’s Virgin Orbit is letting go of almost its entire work force with the satellite launch company finding it difficult to secure funding three months after a failed mission. The company, headquartered in Long Beach, California, will cut 675 jobs, about 85% of its workforce, according to a

By ELENA BECATOROS and HANNA ARHIROVA Associated Press BUCHA, Ukraine (AP) — Ukrainians are commemorating the anniversary of the liberation of Bucha after a brutal Russian occupation a year ago left behind hundreds of dead civilians, some with signs of torture, establishing the town near Kyiv as an epicenter of the war’s atrocities. President Volodymyr

STOKE-ON-TRENT, England (AP) — A British manufacturer of fine bone china is busy making “God Save The King” commemorative plates and mugs for King Charles II’s May 6 coronation. Craftspeople at the Duchess China factory in the central England city of Stoke-on-Trent painted delicate gold edges on more teacups and saucers this week to make

By ZEN SOO Associated Press HONG KONG (AP) — Huawei has reported a nearly 70% fall in profit last year amid sanctions and pandemic challenges, but saw its enterprise sales rise as the Chinese technology giant sought to pivot into digital industries and reduce its vulnerability to U.S. sanctions. Huawei says its annual revenue for

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Six members of the crew on a Liberia-flagged tanker that that was boarded by pirates earlier this month in West Africa’s Gulf of Guinea, are being held hostages. The French Navy that was patrolling the area, found the Monjasa Reformer north of where it had