AP National Business

By KIMBERLEE KRUESI Associated Press NASHVILLE, Tenn. (AP) — A joint venture between General Motors and South Korean battery company LG Energy Solution says it will invest an additional $275 million to expand a Tennessee battery cell factory for electric vehicles. Officials with the companies had already pledged to spend $2.3 billion to build a

By SCOTT SONNER Associated Press RENO, Nev. (AP) — A tiny Nevada toad at the center of a legal battle over a geothermal power project has officially been declared an endangered species, after U.S. wildlife officials temporarily listed it on a rarely used emergency basis last spring. “This ruling makes final the listing of the

By TRAVIS LOLLER and JONATHAN MATTISE Associated Press NASHVILLE, Tenn. (AP) — The nation’s largest public utility is recommending replacing an aging coal burning power plant with natural gas, ignoring calls for the Tennessee Valley Authority to speed its transition to renewable energy. TVA on Friday announced the completion of its environmental impact statement for

The Associated Press Worries about inflation weighed on Wall Street, leaving major indexes mixed after another bumpy day of trading. A government report showing that wage growth accelerated last month spooked investors since it could mean the Federal Reserve will be less able to ease up on its fight against inflation. The yield on the

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Marvell, Veeva fall; Smartsheet, PagerDuty rise.

The Associated Press Benchmark U.S. crude oil for January delivery fell $1.24 to $79.98 a barrel Friday. Brent crude for February delivery fell $1.31 to $85.57 a barrel. Wholesale gasoline for January delivery fell 6 cents to $2.28 a gallon. January heating oil fell 9 cents to $3.17 a gallon. January natural gas fell 46

By The Associated Press U.S. safety officials are calling for immediate inspection of certain Bell helicopters based on findings from their investigation into a crash in Hawaii. The National Transportation Safety Board said Friday that U.S. and Canadian regulators should require immediate inspections of hardware used to attach the tail booms to the fuselage on

By KATHY McCORMACK Associated Press CONCORD, N.H. (AP) — Police and federal law enforcement officers are among 20 people from multiple states saying they were wounded by a popular type of Sig Sauer pistol. It’s the latest lawsuit alleging that the gun is susceptible to going off without the trigger being pulled. The lawsuit was

By ERIC TUCKER Associated Press WASHINGTON (AP) — FBI Director Chris Wray is raising national security concerns about TikTok, warning Friday that control of the popular video sharing app is in the hands of a Chinese government “that doesn’t share our values.” Wray said the FBI was concerned that the Chinese had the ability to

By The Associated Press Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week. MOVIES — Will Smith’s comeback campaign is in full swing thanks to the new Antoine Fuqua movie “Emancipation,” which begins streaming on Apple TV+ on Friday.

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control. And for just as long, the job market hasn’t seemed to get the message. The November employment report the government issued

By SARAH RANKIN Associated Press RICHMOND, Va. (AP) — A prosecutor says the former medical director of a Virginia hospital that serves vulnerable children has been charged with four felony sex crimes in connection with abuse at the facility years ago. Court records indicate a grand jury indicted Dr. Daniel Davidow last month. Davidow was

By WAYNE PARRY Associated Press LOGAN TOWNSHIP, N.J. (AP) — A former coal-fired power plant in New Jersey was imploded Friday, and its owners announced plans for a new $1 billion venture on the site, where batteries will be deployed to store power from clean energy sources including wind and solar. The move came as

By THALIA BEATY Associated Press Nonprofit organizations in Georgia are digging deep to ramp up their operations again after Election Day to inform voters about the closely watched runoff race for one of the state’s Senate seats. Kendra Cotton, CEO of New Georgia Project, says many of the voters they are targeting don’t know there

By RAF CASERT, FATIMA HUSSEIN and DAVID McHUGH Associated Press WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve President

By JEFFREY COLLINS Associated Press COLUMBIA, S.C. (AP) — Carolina Panthers owner David Tepper and his real estate company are being scrutinized in a criminal investigation. The probe is examining whether they misused any public money in their failed effort to build a new practice facility for the NFL team. in South Carolina. The York

By STEPHEN McGRATH and CRISTIAN JARDAN Associated Press CHISINAU, Moldova (AP) — A key electrical power plant in a Moscow-backed breakaway region of Moldova will not resume energy supplies to the rest of the country after officials failed to reach any agreements on Friday amid an acute energy crisis, authorities said. The meetings held Friday

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — In the end, it wasn’t a last-minute smoking gun but a prosecutor insisting that evidence shows Donald Trump was aware of a scheme that his Trump Organization’s executives hatched to avoid paying personal income taxes on millions of dollars worth of company-paid perks. After telling

BOSTON (AP) — A former co-owner of a Massachusetts compounding pharmacy at the center of a nationwide fungal meningitis outbreak that resulted in more than 100 patient deaths has been sentenced to a year in prison for conspiring to defraud the federal government. Federal prosecutors said Thursday that 57-year-old Gregory Conigliaro was the New England

KUALA LUMPUR. Malaysia (AP) — New Malaysian Prime Minister Anwar Ibrahim says he will also serve as finance minister as he unveiled a leaner Cabinet with many new faces in his unity government. In a move that appears to contradict his anti-corruption platform, Anwar also named the graft-tainted head of a smaller bloc as one

By AMANDA SEITZ Associated Press WASHINGTON (AP) — The United States’ 988 call service for helping anyone experiencing a mental health emergency is back up and running after a daylong outage. The hotline was out of service Thursday but was restored shortly before midnight and was running Friday. People experiencing a mental health crisis were

By JOSH BOAK and AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very strength of a new jobs report showed that high inflation remains a recession threat. At the White House, the president signed an emergency

By DAVE COLLINS and JILL BLEED Associated Press Infowars host Alex Jones has filed for personal bankruptcy protection in Texas. Jones cites debts that include nearly $1.5 billion he has been ordered to pay to families who sued him over his conspiracy theories about the Sandy Hook school massacre. He filed for Chapter 11 bankruptcy

BERLIN (AP) — Germany has welcomed President Joe Biden’s apparent willingness to discuss tweaking U.S. legislation that European leaders say unfairly discriminates against their industries. Biden had acknowledged during a visit to Washington by French President Emmanuel Macron on Thursday that there were “glitches” in the Inflation Reduction Act, which favors American-made climate technology for

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s parliament has approved a hefty 29 trillion yen ($216 billion) supplementary budget to fund measures to counter the blow to household finances from rising food and utility costs and the weaker yen. The budget approved Friday is the second batch of supplementary spending this year to

By TARA COPP Associated Press PALMDALE , Calif. (AP) — America’s newest nuclear stealth bomber made its debut Friday after years of secret development and as part of the Pentagon’s answer to rising concerns over a future conflict with China. The B-21 Raider is the first new American bomber aircraft in more than 30 years.

By STAN CHOE and ALEX VEIGA AP Business Writers Worries about inflation weighed on Wall Street Friday, leaving major indexes mixed after a report showed wages for U.S. workers are accelerating, which is good news for them but could feed into even higher inflation for the nation. The S&P 500 ended 0.1% lower after having

By JUSTIN SPIKE Associated Press MARTONVASAR, Hungary (AP) — Drivers in Hungary are increasingly running into gas and diesel shortages at filling stations as a government-imposed price cap squeezes the operators of independent stations and leaves the state energy company struggling to keep up with demand. At hundreds of fuel stations across Hungary, a confusing

By JOE McDONALD Associated Press BEIJING (AP) — Former NBA star Jeremy Lin, who plays for a Chinese team, was fined 10,000 yuan ($1,400) for criticizing quarantine facilities, China’s professional league and a news report said Friday, as the government tries to stop protests against anti-virus controls that are among the world’s most stringent. Also

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a 53-year

By KRUTIKA PATHI and SIBI ARASU Associated Press NEW DELHI (AP) — Asia’s richest man, Gautam Adani, made his vast fortune betting on coal as an energy hungry India grew swiftly after liberalizing its economy in the 1990s. He’s now set his sights on becoming the world’s biggest renewable energy player, by 2030, by promising

MEXICO CITY (AP) — Mexico’s economy secretary has proposed yet another round of talks with the United States on a dispute over Mexico’s energy sector.  Mexico hopes to stave off a full-fledged trade complaint under the U.S.-Mexico-Canada trade agreement. The United States says Mexico is unfairly favoring its state-owned electricity and oil companies over American

DETROIT (AP) — Tesla has delivered its first electric semis to PepsiCo more than three years after Elon Musk said the company would start making the trucks. The Austin, Texas, company made the deliveries at a factory near Reno, Nevada. The event was livestreamed on Twitter, which Musk now owns. Musk drove one of three

By MARK THIESSEN Associated Press ANCHORAGE, Alaska (AP) — The U.S. Environmental Protect Agency on Thursday proposed restrictions that would block plans for a copper and gold mine in Alaska’s Bristol Bay region that is home to the world’s largest sockeye salmon run. The regional EPA office said discharges of dredged or fill material into

By KATHLEEN RONAYNE Associated Press SACRAMENTO, Calif. (AP) — California water agencies that serve 27 million people will get just 5% of what they requested from the state to start 2023. Thursday’s announcement by water officials comes as the nation’s most populous state anticipates a fourth dry year. California typically gets half its annual rain

By LAURA UNGAR AP Science Writer Tech billionaire Elon Musk said his Neuralink company is seeking permission to test its brain implant in people soon. During a presentation Wednesday, he said his team is in the process of asking U.S. regulators to allow them to test the device in people. He says he thinks that

By TOM KRISHER AP Auto Writer DETROIT (AP) — Members of the United Auto Workers union appear to favor replacing many of their current leaders in an election that stemmed from a federal bribery and embezzlement scandal involving former union officials. Reform-minded candidates are leading in multiple key positions with about 84% of the vote

By MATTHEW DALY Associated Press WASHINGTON (AP) — President Joe Biden is trying to allay concerns raised by French President Emmanuel Macron about a clean energy law that benefits electric vehicles and other products made in North America. But a dispute with Europe over the landmark law persists. Biden acknowledged on Thursday that the law

Associated Press Twitter has suspended rapper Ye after he tweeted a picture of a swastika merged with the Star of David. It is the second time this year that Ye has been suspended from the platform over antisemitic posts. Twitter CEO Elon Musk confirmed the suspension by replying to Ye’s post of an unflattering photo

By LISA RATHKE Associated Press The Vermont Agency of Education and several school districts will pay school tuition and legal fees to five families to settle lawsuits challenging the state’s practice of not paying for students to attend religious schools if their towns do not have a public school. The two sides agreed to dismiss

The Associated Press Stocks ended mixed after an uneven day of trading and bond yields fell broadly after the government reported that a measure of inflation that’s closely watched by the Federal Reserve eased in October. The S&P 500 ended 0.1% lower Thursday. The benchmark index is coming off its second straight monthly gain. A

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Salesforce Inc., down $13.25 to $147.00. Bret Taylor is resigning as as Co-CEO of the customer-management software developer . Synopsys Inc., up $18.30 to $357.84. The maker of software to test and develop chips gave investors a strong profit forecast. Snowflake

By STEVE KARNOWSKI Associated Press MINNEAPOLIS (AP) — The Environmental Protection Agency has proposed increasing ethanol and other biofuels that must be blended into the nation’s fuel supplies over the next three years. Thursday’s announcement was welcomed by renewable fuel and farm groups but condemned by environmentalists and oil industry groups. The proposal also includes

BERLIN (AP) — A German auction house says the recent sale of a watercolor by Wassily Kandinsky has been put on hold in response to the Polish government’s claim that the painting was stolen from an exhibition at the National Museum in Warsaw in 1984. The Grisebach auction house, which sold the 1928 painting “Untitled”

By RAF CASERT and FATIMA HUSSEIN Associated Press BRUSSELS (AP) — The European Union was edging closer to setting a $60-per-barrel price cap on Russian oil — a highly anticipated and complex political and economic maneuver designed to keep Russia’s supplies flowing into global markets while clamping down on President Vladimir Putin’s ability to fund

The Associated Press Benchmark U.S. crude oil for January delivery rose 67 cents to $81.22 a barrel Thursday. Brent crude for February delivery fell 9 cents to $86.88 a barrel. Wholesale gasoline for January delivery fell 4 cents to $2.34 a gallon. January heating oil fell 10 cents to $3.26 a gallon. January natural gas

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Austan Goolsbee, who was a top economic adviser to President Barack Obama, has been chosen as the next president of the Federal Reserve Bank of Chicago, the regional Fed bank announced. Goolsbee, 53, an economics professor at the University of Chicago who is a frequent commentator

By MARK PRATT and MICHAEL CASEY Associated Press BOSTON (AP) — The Prince and Princess of Wales on Thursday heard about solar-powered autonomous boats and low-carbon cement at a green technology startup incubator in suburban Boston before learning how a nonprofit gives young people the tools to stay out jail and away from violence. William

By GILLIAN FLACCUS Associated Press PORTLAND, Ore. (AP) — Midterm voters in Oregon narrowly passed one of the toughest gun control laws in the nation, buoying the hopes of gun control supporters, but the new permit-to-purchase mandate and ban on high-capacity magazines now faces a lawsuit that could put it on ice just days before

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Efforts to restructure some $9 billion in debt held by Puerto Rico’s power company have hit a new snag following multiple failed attempts to end its bankruptcy. Officials had until Thursday to submit a new proposal on how to cut the Electric Power Authority’s

By KEVIN FREKING and JOSH FUNK Associated Press WASHINGTON (AP) — Legislation to avert what could have been an economically ruinous freight rail strike won final approval in Congress on Thursday as lawmakers responded quickly to President Joe Biden’s call for federal intervention in a long-running labor dispute. The Senate passed a bill to bind

By MARK KENNEDY AP Entertainment Writer NEW YORK (AP) — If you’ve ever had trouble solving a Rubik’s Cube, a good piece of advice is to break it down into steps. It’s worth a shot: That advice is from the man who invented it. “Problem solving is a very basic activity of the human mind

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Donald Trump “knew exactly what was going on” with top Trump Organization executives who schemed for years to dodge taxes on company-paid perks, a prosecutor said Thursday, challenging defense claims that the former president was unaware of the plot at the heart of the company’s

By MATT OTT AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate ticked down for the third week in a row and have fallen more than a half-point since hitting a 20-year high less than a month ago. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — A House investigations panel says financial technology firms “abdicated” their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers employed during the pandemic. The House Select Subcommittee on the Coronavirus Crisis launched its investigation in

By GLENN GAMBOA AP Business Writer Jacob Harold believes philanthropy needs more “strategic promiscuity” – battling the world’s problems using a variety of approaches. It’s an idea that mirrors his wide-ranging career. Harold was president and CEO of GuideStar before it merged with Foundation Center to form the even larger nonprofit information source Candid, which

By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve’s aggressive interest rate hikes. Applications for jobless aid fell to 225,000 for the week ending Nov. 26,

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest rates to cool the economy and slow the acceleration of prices. The report from the Commerce

By DANIELLA MATAR AP Sports Writer MILAN (AP) — Juventus’ off-the-field problems keep on worsening in a scandal reverberating through Italian soccer. UEFA has opened an investigation into Juventus. That comes hours after it was revealed that the Turin prosecutor’s office had requested indictments for former president Andrea Agnelli and 10 other former board members

BERLIN (AP) — German lawmakers have approved a free-trade deal between the European Union and Canada, moving the accord a step closer to taking effect fully. The pact formally known as the Comprehensive Economic and Trade Agreement, or CETA, was signed in late 2016. Most of it has been provisionally in force since 2017, but

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Wall Street expects the impact of the Federal Reserve’s most aggressive year of interest rate hikes in at least three decades to continue to be felt through next year. The central bank’s plan to fight stubbornly high prices on everything from food to clothing

BERLIN (AP) — Swiss authorities say they have been notified of 46.1 billion francs ($48.5 billion) in assets held by Russian nationals and entities in the Alpine country since sanctions were introduced earlier this year. Switzerland, which isn’t a European Union member but has close relations with the 27-member bloc, applied EU sanctions against Russia

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — An Australian economist who spent almost two years imprisoned in Myanmar has received a hero’s welcome at Australia’s Parliament House. Lawmakers rose in a standing ovation and the prime minister praised Sean Turnell’s courage, optimism and resilience. Turnell was among American, Japanese and British citizens released

BEIJING (AP) — China says leader Xi Jinping has urged negotiations on a political solution to the Ukraine conflict in talks with visiting European Council President Charles Michel in Beijing. State broadcaster CCTV quoted Xi as saying that “solving the Ukrainian crisis through political means is in the best interest of Europe and the common

By ZEN SOO Associated Press HONG KONG (AP) — Videos of hundreds protesting in Shanghai started to appear on WeChat on Saturday night. Showing chants about removing COVID-19 restrictions and demanding freedom, they would stay up only a few minutes before being censored. Elliot Wang, a 26-year-old in Beijing, was amazed. “I started refreshing constantly,

By KANIS LEUNG Associated Press HONG KONG (AP) — The trial of a Hong Kong newspaper publisher who was arrested in a crackdown on the city’s pro-democracy movement was postponed Thursday after the territory’s leader asked China to effectively block him from hiring a British defense lawyer. Jimmy Lai, 74, faces a possible life sentence

LOS ANGELES (AP) — Los Angeles police are seeking a search warrant for the Reddit website as they try to identify the person who leaked a racist discussion between City Council members and a powerful labor leader, causing a scandal that has rocked the community and shaken faith in its lawmakers. The LAPD said Tuesday that

SAN SALVADOR, El Salvador (AP) — Journalists from an investigative news outlet in El Salvador have sued NSO Group in U.S. federal court after the Israeli firm’s powerful Pegasus spyware was detected on their iPhones. In January, the University of Toronto’s Citizen Lab internet watchdog reported that dozens of journalists and human rights defenders in

NEW YORK (AP) — Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it. Pressure has been mounting on Amazon to discontinue sale of the film, called “Hebrews to Negroes:

By THALIA BEATY Associated Press NEW YORK (AP) — Some $3.1 billion was donated to charitable causes in the U.S. in the 24 hours that are called Giving Tuesday. The movement to donate on the Tuesday after Thanksgiving started as a hashtag in 2012 and 10 years later has become a staple of fundraising for

By KEN SWEET AP Business Writer NEW YORK (AP) — The former CEO of the failed cryptocurrency exchange FTX said Wednesday that he did not “knowingly” misuse customers’ funds, and said he believes his millions of angry customers will eventually be made whole. The comments from Sam Bankman-Fried came during an interview with Andrew Ross

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — U.S. officials approved the first pharmaceutical-grade version of the fecal transplant procedures that doctors have increasingly used to treat a potentially life-threatening intestinal infection. The Food and Drug Administration on Wednesday approved the drug for adult patients at risk for reinfection with the infection commonly referred

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Biogen, Wayfair rise; CrowdStrike, NetApp fall.

The Associated Press Stocks rallied on Wall Street after the head of the Federal Reserve said the central bank could soon ease up on its aggressive pace of interest rate hikes aimed at taming inflation. While citing some signs that inflation is cooling, Fed Chair Jerome Powell stressed Wednesday that the Fed will push rates

By ANDREW WELSH-HUGGINS and KANTELE FRANKO Associated Press COLUMBUS, Ohio (AP) — The Ohio Supreme Court has rejected a city’s argument that the streaming services Netflix and Hulu should have to pay local governments the same fees levied on cable operators. At issue was Ohio’s 2007 Video Service Authorization law, which directed the state Commerce

By KELVIN CHAN AP Business Writer LONDON (AP) — A top European Union official warned Elon Musk on Wednesday that Twitter needs to beef up measures to protect users from hate speech, misinformation and other harmful content to avoid violating new rules that threaten tech giants with big fines or even a ban in the

The Associated Press Benchmark U.S. crude oil for January delivery rose $2.35 to $80.55 a barrel Wednesday. Brent crude for January delivery rose $2.40 to $85.43 a barrel. Wholesale gasoline for December delivery rose 9 cents to $2.42 a gallon. December heating oil rose 6 cents to $3.36 a gallon. January natural gas fell 31

By BERNIE WILSON AP Sports Writer SAN DIEGO (AP) — It’s the middle of the afternoon and Jada Williams begins a live stream on Instagram. In a heartbeat, more than 1,000 of her 671,000 followers join the broadcast and begin typing in questions and comments. Williams does her best to follow along as the comments

LORDSTOWN, Ohio (AP) — Commercial electric vehicle startup Lordstown Motors has received approval to ship the first batch of its first model, the Endurance pickup. The company announced Tuesday that the first units of the initial batch of 500 trucks were leaving the plant after they passed safety tests and hit several key benchmarks needed

By ASHRAF KHALIL Associated Press WASHINGTON (AP) — Staffers at Bread for the City, a venerable charity in the nation’s capital, thought they were prepared for this year’s annual pre-Thanksgiving Holiday Helpers food giveaway. The pandemic had faded, but inflation was high, so they budgeted to give out 12,000 meals, 20% higher than normal pre-pandemic

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Wednesday in remarks likely intended to underscore the Fed’s single-minded focus on combating stubborn inflation. Yet in a speech at the Brookings Institution, Powell

GUATEMALA CITY (AP) — The prominent Guatemalan investigative newspaper “El Periodico” has announced it is stopping its print edition, after the government arrested the paper’s president. José Rubén Zamora was arrested in July on a charge of money laundering. All of the paper’s reporters have been let go, and it is not clear how it

By AMY TAXIN and STEFANIE DAZIO Associated Press RIVERSIDE, Calif. (AP) — A Virginia sheriff’s deputy posed as a 17-year-old boy online and asked a teenage California girl for nude photos before he drove across the country and killed her mother and grandparents and set fire to their home. Police say 28-year-old Austin Lee Edwards

TEMPE, Ariz. (AP) — The Tempe City Council has unanimously approved a proposal for a new Arizona Coyotes arena and entertainment district, clearing the way for a public vote on the project next year. The council approved the proposal 7-0 after a lengthy meeting that included NHL Commissioner Gary Bettman. The $2.1 billion project would

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — A heavily criticized private company that operates the transmission and distribution of power in Puerto Rico has secured a last-minute extension on its contract despite widespread objections. Luma Energy obtained the extension Wednesday following a 4-1 vote by the Puerto Rico Electric Power Authority’s

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon said Wednesday it had its biggest ever Thanksgiving holiday shopping weekend, aided by a record number of consumers looking for deals online amid high inflation. The e-commerce company does not typically share how much it earns during its sales events and did not disclose

MEXICO CITY (AP) — Authorities in the Mexican Gulf coast state of Veracruz say 19 people were injured when a pipeline carrying ethane gas exploded. The Veracruz state civil defense office says most of the people injured in the explosion Tuesday in the town of Agua Dulce suffered first-degree burns. As of Wednesday, the government-owned

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. job openings dropped in October but remained high, a sign that businesses became slightly less desperate for workers as the Federal Reserve ramps up interest rates in an effort to cool the economy. Employers posted 10.3 million job vacancies in October, down from 10.7 million

BERLIN (AP) — German energy company Uniper is suing Gazprom for damages over natural gas that hasn’t been delivered since June when the Russian supplier started reducing amounts to Germany. Gas importer Uniper said Wednesday that it has initiated proceedings against Gazprom Export at an international arbitration tribunal in Stockholm. It said the cost to

By MICHELLE CHAPMAN AP Business Writer Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic. CEO Tony Xu said in a message to employees on Wednesday that DoorDash was undersized before the

BERLIN (AP) — The German government says it is considering taking a stake in Dutch grid operator TenneT, which has a large footprint in Germany. Germany already has a minority stake in rival grid operator 50 Hertz and Economy Minister Robert Habeck said Wednesday there were talks with TenneT too. Habeck declined to provide details

By JEAN-FRANCOIS BADIAS Associated Press SAINT-AVOLD, France (AP) — France has restarted a shuttered coal plant as part of emergency efforts to keep heat and electricity on this winter. Russia’s war in Ukraine has triggered an energy crisis in Europe that has paved the way for coal’s comeback in a few countries. On top of

By JIM RENDON of The Chronicle of Philanthropy Chronicle of Philanthropy The Dallas Area Habitat for Humanity is using part of the $9 million gift it received from philanthropist MacKenzie Scott in March to provide its staff members a new employee benefit — $13,500 in the form of a forgivable loan to help with a

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate. Last quarter’s rise in the U.S. gross domestic product — the economy’s total output

Germany’s energy minister says the government has formally decided to abandon an international energy accord that fossil fuel companies had used to oppose measures against climate change. The move follows similar decisions by Italy, France, Spain and other European countries to leave the 1998 Energy Charter Treaty, which includes provisions designed to protect foreign investments

PRAGUE (AP) — Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP are vying to build the Czech Republic’s newest reactor at the Dukovany nuclear power station as the country strives to become more energy independent and wean itself off fossil fuels. State-controlled power company CEZ says final bids for the contract to