AP National Business

By EILEEN NG Associated Press KUALA LUMPUR, Malaysia (AP) — Malaysia plans record development spending in 2023 despite a proposed smaller national budget. The budget unveiled Friday is laden with the usual cash handouts, tax cuts and other goodies ahead of impending general elections. Finance Minister Zafrul Aziz proposed a budget of $80 billion, down

By ADAM BEAM and KATHLEEN RONAYNE Associated Press SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom will call a special session of the state Legislature to pass a new tax on oil companies. Newsom said Friday the session would begin Dec. 5. He accused oil companies of price gouging. The average price for a gallon

By KATHLEEN FOODY and KIMBERLEE KRUESI The Associated Press CHICAGO (AP) — Officials are continuing to decline to reveal new details surrounding an apparent cyberattack on one of the largest health systems in the U.S. It’s a situation that security experts say often takes time to learn the full scope of the attack. Earlier this

By The Associated Press A United Nations organization on Friday committed to sharply cut carbon emissions from air travel by 2050. Environmental groups praised the move on Friday, but they cautioned that the goal needs to be backed up by tough policies by governments around the world. Aviation is a relatively small contributor to overall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: CVS, Levi Strauss fall; Credit Suisse, Ambac rise.

The Associated Press Wall Street lost more ground on worries that a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 fell 2.8% Friday after the government said employers hired more workers last month than expected. The Dow Jones Industrial Average and the Nasdaq also fell sharply, and Treasury yields

By JAMES MacPHERSON Associated Press BISMARCK, N.D. (AP) — North Dakota’s five American Indian tribes want exclusive rights to host internet gambling and sports betting throughout the state utilizing servers located on their reservations. The tribes are turning to Republican Gov. Doug Burgum to approve the idea, under tribal-state agreements known as a compacts. The

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — For most Americans, Friday’s September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to a half-century low and average pay rose. Yet for the Federal Reserve, the jobs figures highlight how little progress they’re making in their fight against

The Associated Press Benchmark U.S. crude oil for November delivery rose $4.19 to $92.64 a barrel Friday. Brent crude for December delivery rose $3.50 to $97.92 a barrel. Wholesale gasoline for November delivery rose 5 cents to $2.73 a gallon. November heating oil rose 16 cents to $4.02 a gallon. November natural gas fell 22

By MICHELLE CHAPMAN AP Business Writer The Commerce Department is tightening export controls to limit China’s ability to get advanced computing chips, develop and maintain supercomputers, and make advanced semiconductors. The department said Friday that its updated export controls are focusing on these areas because China can use the chips, supercomputers and semiconductors to create

MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador has chosen the head of the country’s tax agency to fill the cabinet-level post of secretary of the economy. The designation Friday of Raquel Buenrostro for the post comes one day after the emotional resignation of Tatiana Clouthier. Clouthier had been seen as a link

LAS VEGAS (AP) — The parent of Allegiant Air says it’s pushing back the opening of a resort in Florida because of damage from Hurricane Ian. Allegiant Travel Company said Friday that its Sunseeker resort will sell rooms starting next September instead of next May. The company says the opening date could still change as

By SUMAN NAISHADHAM and ERIC GAY Associated Press LUBBOCK, Texas (AP) — The cotton harvest is about to get underway in the Texas High Plains, the windswept region that grows most of the crop in the nation’s top cotton-producing state. But Barry Evans, like many others, has already walked away from more than 2,000 acres

By FRANK BAJAK and KELVIN CHAN AP Technology Writers President Joe Biden has signed an executive order designed to allay European concerns that U.S. intelligence agencies are illegally spying on them. It promises strengthened safeguards against data collection abuses and creates a forum for legal challenges. Friday’s order builds on a preliminary agreement Biden announced

DETROIT (AP) — The U.S. government’s road safety agency has closed an investigation into fuel leaks in two Volkswagen models without seeking a recall. The National Highway Traffic Safety Administration opened the probe in March after getting complaints about fuel injectors leaking in the 2018 through 2020 Atlas and Atlas Cross Sport SUVs. The probe

By MICHELLE CHAPMAN AP Business Writer Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A reddit post by Binance discussing the incident said that the company temporarily suspended its BNB smart chain after detecting an exploit between two blockchains. “The

The Associated Press CVS Health shares tumbled early Friday after the company said a big Medicare Advantage plan took a hit in government quality ratings about a week before a key enrollment window opens for the coverage. The health care giant said that its Aetna National PPO dropped from 4.5 stars to 3.5 in 2023

By JILL LAWLESS Associated Press LONDON (AP) — The British government has opened a new licensing round for North Sea oil and gas exploration, despite criticism from environmentalists and scientists who say the move undermines the fight against climate change. The North Sea Transition Authority said Friday that almost 900 areas of the North Sea

By TOM KRISHER and MATT O’BRIEN AP Business Writers If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place. Earlier this week Musk reversed course and said he’d go through with acquiring the

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — The U.S. Navy has held a joint drone drill with the United Kingdom in the Persian Gulf. The drill Friday tested the same unmanned surveillance ships that Iran twice has seized in recent months in the Middle East. The exercise comes as the U.S.

TOKYO (AP) — Japan’s Financial Services Agency has ordered brokerage SMBC Nikko Securities to suspend its block trading operations for three months as part of penalties in a market manipulation case. That follows the arrest of its vice president and several other employees for allegedly putting in massive buy orders to prop up stock prices

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Good news on the economy remains bad news for Wall Street, as stocks fell sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 ended 2.8% lower after briefly dropping 3.3% as traders

By LORNE COOK, KAREL JANICEK and SYLVIE CORBET Associated Press PRAGUE (AP) — European Union leaders are struggling to bridge significant differences over a natural gas price cap as winter approaches and Russia’s war on Ukraine fuels an energy crisis. It’s hoped that a price cap will contain a crisis that is driving up prices

HONG KONG (AP) — A superyacht connected to Russian tycoon Alexey Mordashov has anchored in Hong Kong as Western governments move to seize yachts connected to sanctioned Russian businessmen. The Nord, worth over $500 million, arrived in Hong Kong this week after sailing from Vladivostok, Russia. Mordashov is one of Russia’s richest billionaires and chairman

By REBECCA SANTANA and MICHAEL PHILLIS Associated Press NORTH PORT, Fla. (AP) — Christine Barrett was inside her family’s North Port home during Hurricane Ian when one of her children started yelling that water was coming up from the shower. Then it started coming in from outside the house. Eventually the family was forced to

By KATHLEEN FOODY and KIMBERLEE KRUESI Associated Press CHICAGO (AP) — Diverted ambulances, cancer treatment delayed and electronic health records offline are just some of ripple effects of an apparent cyberattack on a major nonprofit health system that disrupted operations throughout the U.S. While CommonSpirit Health confirmed it experienced an ”“IT security issue” earlier this

The Associated Press Stocks closed lower again on Wall Street but still managed to hold on to sizable gains for the week. The S&P 500 fell 1% Thursday. The Dow Jones Industrial Average lost a bit more than 1% and the Nasdaq gave back 0.7%. Bond yields moved higher. Investors were reviewing the latest data

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Venator, JetBlue fall; Peloton, Marathon Oil rise.

By JAKE COYLE AP Film Writer NEW YORK (AP) — For the first time, the major U.S. theater chains will play a Netflix release after exhibitors and the streaming service reached a deal for a nationwide sneak-peak run of Rian Johnson’s “Glass Onion: A Knives Out Mystery.” Netflix announced Thursday that AMC, Regal Cinemas and

By MATT O’BRIEN and BARBARA ORTUTAY AP Technology Writers A judge has delayed a looming trial between Twitter and Elon Musk. The move gives the Tesla CEO more time to close his $44 billion deal to buy the social media company after months spent fighting to get out of it. Chancellor Kathaleen St. Jude McCormick,

The Associated Press Benchmark U.S. crude oil for November delivery rose 69 cents to $88.45 a barrel Thursday. Brent crude for December delivery rose $1.05 to $94.42 a barrel. Wholesale gasoline for November delivery rose 1 cent to $2.68 a gallon. November heating oil rose 17 cents to $3.86 a gallon. November natural gas rose

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control. Her remarks Thursday echo several tough speeches by other central bank officials this week. Cook also says she has revised her views on inflation in the past several

LONDON (AP) — Britain’s biggest nurses’ union is asking its 300,000 members whether they want to go on strike in a dispute over pay. Members of the Royal College of Nursing are voting through Nov. 2 on whether to stage the biggest strike in the organization’s 106-year history. The potential for a strike by nurses

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy. And the law of supply and demand suggests that can only mean one thing: higher prices are on the way for crude,

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Two principal economists painted very different pictures Thursday of what the global economy will look like in the coming years. Kristalina Georgieva, managing director of the International Monetary Fund, told an audience at Georgetown University on Thursday that the IMF is once again lowering its projections for

By KATHY McCORMACK Associated Press CONCORD, N.H. (AP) — “Missing Millions” is a 1922 silent film with a darkly prescient title — like the vast majority from that era, the movie all but vanished in the ensuing century, survived mostly by lobby cards. The cards, scarcely bigger than letter paper, promoted the cinematic romances, comedies

PRAGUE (AP) — The leaders of Turkey and Armenia have held their first face-to-face meeting since the two countries agreed to improve relations. Turkey’s President Recep Tayyip Erdogan and Prime Minister Nikol Pashinyan met in Prague on Thursday on the sidelines of a summit by the leaders of 44 countries to launch a “European Political

By The Associated Press JetBlue’s $3.8 billion bid to buy Spirit Airlines is getting a boost. The deal has been endorsed by two firms that advise major investors on how to vote: Institutional Shareholder Services and Glass Lewis. Spirit shareholders are scheduled to vote on the JetBlue offer on Oct. 19. If shareholders vote yes,

PRAGUE (AP) — French President Emmanuel Macron says his government doesn’t support building a new pipeline to pump natural gas between the Iberian Peninsula and the rest of Europe despite the continent’s energy crisis. European Union countries have struggled during the war in Ukraine to find common ground on how to wean the bloc off

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon will hire 150,000 full-time, part-time and seasonal employees across its warehouses ahead of the holiday season. The announcement, made Thursday, shows the e-commerce behemoth is taking a less conservative approach to its holiday planning than Walmart, which said last month it would hire 40,000

By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of gains pushed rates to heights not seen in more than a decade, before a crash in the housing market triggered the Great Recession in 2008. Mortgage buyer Freddie Mac reported Thursday

By KATHLEEN RONAYNE, MICHAEL CASEY and GEOFF MULVIHILL Associated Press SACRAMENTO, Calif. (AP) — Homelessness is expected to be up when the federal government releases results from an annual count in coming months, the first full tally since the coronavirus pandemic began. Experts say that with the end of pandemic relief measures that kept many

NEW YORK (AP) — A fire broke out late Wednesday at an Amazon facility in upstate New York that’s voting in a union election next week. Amazon is calling the incident a small fire, and says it was contained to a compactor located just outside the doors of a loading dock. Police in Schodack, the

By KATHLEEN RONAYNE, MICHAEL CASEY and GEOFF MULVIHILL Associated Press SACRAMENTO, Calif. (AP) — In California’s capital, massive tent encampments have risen along the American River and highway overpasses have become havens for homeless people, whose numbers have jumped a staggering nearly 70% over two years. Among the 9,300 without a home is Eric Santos,

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — A Dutch court has ordered the government and its asylum-seeker accommodation agency to significantly improve conditions at overcrowded and unsanitary emergency migrant housing facilities. The ruling Thursday by a civil court in The Hague came in a summary case brought by the Dutch Council for

By MICHELLE CHAPMAN AP Business Writer Peloton is cutting hundreds of jobs in a corporate reorganization of its stalled business as the pandemic-related surge ebbs. The maker of high-end exercise equipment cut approximately 500 jobs, or about 12% of its workforce, Peloton said Thursday. Peloton Interactive Inc. said it’s completed the vast majority of a

By MICHAEL RUBINKAM Associated Press Eleven people working for a leading turkey producer have been charged with animal cruelty in Pennsylvania after state police said they were caught on video kicking, stomping and beating turkeys at several farms. Pennsylvania State Police said Thursday that the Plainville Farms workers were responsible for capturing and crating turkeys

By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans filed for unemployment benefits last week, the largest number in four months, but the labor market remains strong in the face of persistent inflation and a slowing overall U.S. economy. Jobless claims for the week ending Oct. 1 rose by 29,000 to 219,000, the

ANKARA, Turkey (AP) — Turkey’s state-run news agency says Ankara has appointed a new ambassador to Israel in the latest step between the two countries’ efforts toward normalizing ties. Turkey on Thursday named Sakir Ozkan Torunlar, a senior diplomat who had served as Turkey’s consul general in Jerusalem between 2010 and 2013, as the ambassador,

By JANELLE RETKA of The Seattle Times Amid national teacher shortages, community colleges are stepping in, launching teacher-training programs traditionally found in four-year colleges. In Washington state, nine community colleges offer education degrees for teaching grade school and up. Six other states — Colorado, Florida, Georgia, Indiana, Nevada and New Mexico — have community colleges

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Sweden’s domestic security agency said Thursday that its preliminary investigation of leaks from two Russian gas pipelines in the Baltic Sea “has strengthened the suspicions of serious sabotage” as the cause and a prosecutor said evidence at the site has been seized. The Swedish Security

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan’s top automaker Toyota said Thursday that it has identified how to fix its 2023 model year bZ4X crossover electric vehicles after recalling 2,700 of them in June out of concern wheel bolts might become loose, risking a crash. The fix will enable Toyota Motor Corp.

PARIS (AP) — Under the watchword “Every gesture counts,” France’s government has launched an energy-saving drive to get the country through the winter without gas from Russia. The French government’s push for “energy sobriety,” which ministers launched Thursday, is also aimed to speeding France closer to European Union targets of reaching climate neutrality by 2050.

By ADAM SCHRECK Associated Press KYIV, Ukraine (AP) — Russian missiles hit apartment buildings in the southern Ukrainian city of Zaporizhzhia on Thursday, killing at least seven people, with at least five others missing, in a region that Moscow has illegally annexed, a local official said. Two strikes damaged more than 40 buildings hours after

By AAMER MADHANI and JOSH BOAK Associated Press POUGHKEEPSIE, N.Y. (AP) — President Joe Biden says a $20 billion investment by IBM in New York’s Hudson River Valley will help give the United States a technological edge against China. He hailed the company’s expansion during an appearance Thursday in Poughkeepsie, New York, with two House

By LORNE COOK, KAREL JANICEK and SYLVIE CORBET Associated Press PRAGUE (AP) — The leaders of 44 European countries are hailing their united stand against Russia’s war on Ukraine as the conflict fuels an energy crisis and high inflation. The inaugural summit of the European Political Community involves the 27 European Union member countries, aspiring

BERLIN (AP) — A pilots strike at budget airline Eurowings has forced the German carrier to cancel hundreds of flights. The Lufthansa subsidiary said about half of its 500 daily flights would be nixed on Thursday, affecting tens of thousands of passengers. German airports are heavily affected, but also others such as Stockholm, Prague and

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s government has started debt restructuring discussions with China, an important step toward finalizing an International Monetary Fund rescue of the island nation from a severe economic crisis. President Ranil Wickremesinghe told Parliament on Thursday that initial talks will continue after China’s Communist Party

By JILL LAWLESS Associated Press LONDON (AP) — After an acrimonious divorce and years of bickering, Britain’s government looks like it wants to make up with the European Union. The tax-cutting economic plans of the country’s new prime minister, Liz Truss, has her feuding at home with financial markets, the opposition and chunks of her

By JOE McDONALD AP Business Writers BEIJING (AP) — Asian shares followed Wall Street lower Friday ahead of U.S. jobs data investors hope will persuade the Federal Reserve to ease off plans for more interest rate hikes. Tokyo and Hong Kong, the region’s biggest markets, retreated. Chinese markets were closed for a holiday. Oil prices

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — A police investigation of a cyberattack on an Australian telecommunications company in which the personal data of more than one third of Australia’s population was stolen has resulted in its first arrest. Police launched Operation Hurricane in cooperation with the U.S. Federal Bureau Investigation after Optus,

By NICK PERRY Associated Press TŪROA SKI AREA, New Zealand (AP) — New Zealand’s Tūroa ski area is usually a white wonderland at this time of year, its deep snowpack supporting its famed spring skiing. This season, it’s largely a barren moonscape, with tiny patches of snow poking out between vast fields of jagged volcanic

SAN FRANCISCO (AP) — The former chief security officer for Uber was convicted Wednesday of trying to cover up a 2016 data breach in which hackers accessed tens of millions of customer records from the ride-hailing service. A federal jury in San Francisco convicted Joseph Sullivan of obstructing justice and concealing knowledge that a federal

By JIM SALTER Associated Press The unusually low water level in the lower Mississippi River is causing barges to get stuck in mud and sand, disrupting river travel for shippers, recreational boaters and even passengers on a cruise line. Lack of rainfall in recent weeks has left the Mississippi River approaching record low levels in

By SOPHIE AUSTIN Associated Press/Report for America SACRAMENTO, Calif. (AP) — A California resident who lost his home in a wildfire is suing a wood products company at the center of the blaze. Robert Davies of Weed, California, sued Roseburg Forest Products Co. on Tuesday. Davies’ lawsuit alleges the company failed to address on-site fire

By BARBARA ORTUTAY and TOM KRISHER Associated Press SAN FRANCISCO (AP) — A super app called X? A bot-free free speech haven? These are some of Elon Musk’s mysterious plans for Twitter, now that he may be buying the company after all. After months of squabbling over the fate of their bombshell $44 billion deal,

The Associated Press Stocks ended slightly lower on Wall Street as a gangbuster two-day rally ran out of gas. The S&P 500 ended 0.2% lower Wednesday after briefly heading into the green late in the day. Its early rally this week was the biggest since the spring of 2020, spurred in part by hopes a

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Smart Global Holdings, Newmont fall; Lamb Weston, RPM rise.

By ALEX DANIELS of The Chronicle of Philanthropy Chronicle of Philanthropy The Ford Foundation will commit $80 million over the next five years to work that strengthens nonprofits fighting against authoritarian regimes. Such groups are struggling in the face of governments that are restricting the right to protest, hobbling nonprofit organizations with an avalanche of

The Associated Press Benchmark U.S. crude oil for November delivery rose $1.24 to $87.76 a barrel Wednesday. Brent crude for December delivery rose $1.57 to $93.37 a barrel. Wholesale gasoline for November delivery fell 1 cent to $2.67 a gallon. November heating oil rose 15 cents to $3.69 a gallon. November natural gas rose 9

Associated Press CHICAGO (AP) — A major nonprofit health system with 140 hospitals in 21 states is reporting “an IT security issue” that has disrupted operations in multiple states. A spokesperson for the company, CommonSpirit Health, would not explain the nature of the apparent cyberattack, such as whether the organization’s IT network was hit by

By DEE-ANN DURBIN and MICHELLE CHAPMAN AP Business Writers Tyson Foods is moving around 1,000 corporate positions from Illinois and South Dakota to its headquarters in Springdale, Arkansas. The company, which is one of the world’s largest meat producers, said Wednesday that corporate staff at its Chicago and Downers Grove, Illinois, locations and Dakota Dunes,

By CHINEDU ASADU Associated Press ABUJA, Nigeria (AP) — A Nigerian advertising regulator has sued Meta, accusing the owner of Facebook and WhatsApp of publishing unauthorized ads. In a lawsuit filed in a local court, the Advertising Regulatory Council of Nigeria sought a $70 million penalty against Meta for publishing unvetted digital ads and for

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — According to union organizers, Amazon has suspended at least 50 warehouse workers who refused to work their shifts following a trash compactor fire at one of its New York facilities. The company suspended the workers with pay on Tuesday, a day after the fire disrupted

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — United Nations officials say a switch back to coal and other fossil fuels by several countries to weather an energy crisis triggered by Russia’s war in Ukraine shouldn’t compromise efforts to curb greenhouse emissions. Sonja Leighton-Kone, a senior official with the United Nations Environment Program said

By ANDREW DALTON AP Entertainment Writer LOS ANGELES (AP) — The family of a cinematographer shot and killed by Alec Baldwin on the set of the film “Rust” has agreed to settle a lawsuit against the actor and the movie’s producers, and producers aim to restart the project in January despite unresolved workplace safety sanctions.

By JOEY CAPPELLETTI Associated Press/Report for America LANSING, Mich. (AP) — The Michigan Economic Development Corporation has approved $400 million in incentives for two electric vehicle battery factories. The plants will cost an estimated $4 billion and bring 4,500 jobs to the state. Now lawmakers must approve the incentives that would come from a fund

By TOM MURPHY AP Health Writer Health insurers will flood the Medicare Advantage market again this fall with enticing offers of plans that have no monthly price tag. The number of so-called zero-premium plans has been growing for years, and they can appeal to retirees who live on fixed incomes. But experts say shoppers should

By DAVID KLEPPER Associated Press Russia’s state-controlled media has devised a new way to spread its propaganda videos about the invasion of Ukraine. Researchers at the U.S.-based intelligence firm Nisos say in a new report that Russia has disguised its own propaganda videos so they can be posted on platforms such as Twitter without revealing

PRAGUE (AP) — Qatar’s emir is paying his first visit to the Czech Republic, for business talks expected to include a potential deal for deliveries of Qatari liquefied natural gas. He was formally greeted by Czech President Milos Zeman at the Prague Castle Wednesday. Among other issues, talks are expected to focus on deliveries of

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — An independent expert appointed to mediate in the bitter dispute between the Dutch government and the nation’s farmers over plans to drastically slash emissions of nitrogen and ammonia has presented a report that includes a suggestion that the government buy out hundreds of the heaviest

MADRID (AP) — Spanish Prime Minister Pedro Sánchez has hosted German Chancellor Olaf Scholz, two days before a European Union summit to discuss Europe’s energy crisis derived from Russia’s invasion of Ukraine. The EU summit in Prague on Friday will likely include discussions on Germany’s plan to subsidize gas prices for its consumers and businesses,

THE HAGUE, Netherlands (AP) — Ethiopia has turned over to Dutch judicial authorities a 38-year-old Eritrean man suspected of playing a leading role in a major international criminal network that smuggled Eritreans to the Netherlands. Prosecutors said Wednesday that the man is suspected of “large-scale smuggling of Eritreans from Africa to the Netherlands.” They said

By ALEX NISHIMOTO Edmunds Tesla’s Model S has enjoyed a nearly 10-year head start on the premium electric sedan competition, but the gap between it and its electric luxury sedan rivals is beginning to close. It now faces a challenge from a fellow startup, the 2022 Lucid Air. Can this new long-range champ unseat the

By SAM KEMMIS of NerdWallet With fewer employees working in offices, several companies have begun turning toward off-site retreats and meetups to foster connection and improve employee morale. These off-site experiences are flipping traditional business travel on its head: Rather than emphasizing coworking, meetings and other work-centric itineraries, off-site retreats are often designed to encourage

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — European Union countries have agreed to impose a price cap on Russian oil and other new sanctions after Moscow illegally annexed four regions in Ukraine. The sanctions announced Wednesday also include curbs on EU exports of aircraft components to Russia and limits on Russian steel imports. The

By JAMEY KEATEN Associated Press GENEVA (AP) — The World Trade Organization is predicting global trade volumes to grow a lackluster 1% next year as higher energy prices, rising interest rates and uncertainties about Chinese manufacturing output amid the lingering COVID-19 pandemic weigh on markets. The Geneva-based trade body said Wednesday that the total amount

By ADAM SCHRECK Associated Press KYIV, Ukraine (AP) — Russian President Vladimir Putin signed the final papers Wednesday to annex four regions of Ukraine while his military struggled to control the new territory that was added in violation of international laws. Ukrainian law enforcement officials, meanwhile, reported discovering more evidence of torture and killings in

By JILL LAWLESS Associated Press BIRMINGHAM, England (AP) — U.K. Prime Minister Liz Truss has defended her economic plans as she tries to convince her Conservative Party that the pain unleashed by her tax-cutting agenda will be worth it. Truss closed a tumultuous Conservative conference with a speech to delegates in the central English city