Tronox, Best Buy fall; Wynn Resorts, PG&E rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Tronox, Best Buy fall; Wynn Resorts, PG&E rise.
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NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Tronox, Best Buy fall; Wynn Resorts, PG&E rise.
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The Associated Press Stocks fell on Wall Street and put major indexes deeper into a slump as recession fears grow. The S&P 500 fell 1% Monday. The Dow Jones Industrial Average and the Nasdaq also fell. The losses were broad and included banks, health care companies and retailers. The British pound slumped to an all-time
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By OLGA R. RODRIGUEZ Associated Press SAN FRANCISCO (AP) — Federal investigators have taken possession of a Pacific Gas and Electric Co. utility transmission pole and attached equipment in their probe into the cause of a Northern California fire that has become the largest in the state this year. The utility said Monday in a
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By DEE-ANN DURBIN AP Business Writer Starbucks says it wants to start contract negotiations next month at 234 U.S. stores that have voted to unionize. The Seattle coffee giant said Monday it sent letters to stores in 36 states and the District of Columbia offering a three-week window to start negotiations. But Workers United, the
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The Associated Press Benchmark U.S. crude oil for November delivery fell $2.03 to $76.71 a barrel Monday. Brent crude for November delivery fell $2.09 to $84.06 a barrel. Wholesale gasoline for October delivery was unchanged at $2.38 a gallon. October heating oil fell 11 cents to $3.13 a gallon. October natural gas rose 7 cents
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By JOSHUA GOODMAN Associated Press MIAMI (AP) — Governors of the Inter-American Development Bank have voted to fire its president, Mauricio Claver-Carone. An ethics investigation found he had a relationship with a subordinate. The governors had until Tuesday to vote on whether to sack Claver-Carone, but enough ballots had been cast by Monday to remove
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By JAKE COYLE AP Film Writer NEW YORK (AP) — Abigail E. Disney has been critical of the company that bears her name before. But for the first time, Disney, the granddaughter of co-founder Roy O. Disney, has put her views into the medium the Mouse House was built on: a movie. In the new
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By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The new chief at the Food and Drug Administration’s tobacco center has inherited a raft of problems. Brian King joined the division tasked with regulating cigarettes, vaping products and other forms of nicotine in July. The agency is struggling to review a backlog of electronic cigarettes,
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By ASTRID SUÁREZ and REGINA GARCIA CANO Associated Press BOGOTA, Colombia (AP) — Trucks loaded with aluminum and medications have crossed a bridge linking Colombia and Venezuela for the first time in seven years. It gives regional businesses hope for growing trade. Colombia’s new leftist President Gustavo Petro took office last month and quickly moved
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CHICAGO (AP) — JT Batson has been hired as the CEO and secretary general of the U.S. Soccer Federation. The 40-year-old is the cofounder of the advertising technology company Hudson MX. He replaces Will Wilson. Wilson is leaving on Oct. 31 after just 2 1/2 years. Batson will run the federation under President Cindy Parlow
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By DUSAN STOJANOVIC Associated Press BELGRADE, Serbia (AP) — The European Union and the U.S. have questioned Serbia’s commitment to join Europe’s 27-nation bloc after Belgrade signed an agreement with Moscow pledging long-term “consultations” on foreign policy matters amid the Russian invasion of Ukraine. Serbia’s officials signed the deal last week in New York with
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By ROB GILLIES Associated Press TORONTO (AP) — Canada’s defense minister says 100 soldiers have been deployed to each of three Atlantic provinces hit by former Hurricane Fiona. A navy vessel also will visit the most devastated area of Newfoundland, where 76 homes have been destroyed or structurally damaged. Defense Minister Anita Anand says HMCS
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By SUZAN FRASER and DEREK GATOPOULOS Associated Press ANKARA, Turkey (AP) — Turkey has summoned the Greek ambassador to protest the alleged deployment of dozens of U.S.-made armored vehicles to Greek islands which Ankara says should remain demilitarized in line with international treaties. Turkey’s president warned Monday that Turkey wouldn’t hold back on defending its
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MOSCOW (AP) — Russia on Monday granted citizenship to former American intelligence contractor Edward Snowden, who fled prosecution after he revealed highly classified U.S. surveillance programs to capture communications and data from around the world. A decree signed Monday by Russian President Vladimir Putin listed Snowden as one of 75 foreign citizens listed as being
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BERLIN (AP) — Denmark’s maritime authority says a gas leak had been observed in a pipeline leading from Russia to Europe underneath the Baltic Sea and could pose a danger to shipping traffic. The operator of Nord Stream 2 confirmed that a leak in the pipeline had been detected southeast of the Danish island of
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NAIROBI, Kenya (AP) — The United Nations says flying debris from an apparent drone strike has damaged a World Food Program truck in Ethiopia’s besieged Tigray region. Ethiopian forces and rival Tigray ones recently chose renewed fighting over peace. Witnesses say Ethiopia’s military has used drone strikes on many occasions in the conflict. The government
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By ROB GILLIES Associated Press TORONTO (AP) — The Canadian government will no longer require people to wear masks on planes. Government officials also confirmed Canada is dropping the vaccine requirement for people entering the country at the end of the month. Canada, like the United States, requires foreign nationals to be vaccinated when entering
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By KELVIN CHAN Associated Press LONDON (AP) — The pound is taking a pounding. The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. It’s a sign of the alarm in financial markets over new Prime Minister Liz Truss’ emergency budget measures unveiled last week aimed at jump-starting
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By GLENN GAMBOA AP Business Writer NEW YORK (AP) — The 10th anniversary of the Global Citizen Festival, which included performances from Metallica, Mariah Carey and Usher, generated more than $2.4 billion in commitments to fight extreme poverty and disease. European Commission President Ursula von der Leyen, U.S. House Speaker Nancy Pelosi, Barbados Prime Minister
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By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The head of the European Central Bank says the economic outlook “is darkening” and she expects business activity to “slow substantially” in the coming months as high energy and food prices pushed up by the war in Ukraine sap consumer spending power. ECB President Christine
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By SYLVIE CORBET and JADE LE DELEY The Associated Press PARIS (AP) — France is forecasting growth to slow down substantially next year in the EU’s second-biggest economy. That is coming amid fears of recession in neighboring Germany as the economic situation in Europe is slammed by Russia’s war in Ukraine. France’s budget was presented
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By SEUNG MIN KIM and DAVID KOENIG Associated Press WASHINGTON (AP) — President Joe Biden has announced a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them. That would include baggage and change fees. The White House says the proposed rule from the Department
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LONDON (AP) — British authorities say TikTok could face a 27 million-pound ($29 million) fine over a possible breach of U.K. data protection law by failing to protect children’s privacy when they are using the video-sharing platform. The Information Commissioner’s Office said it has issued the social media company a legal document that precedes a
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By LORI HINNANT Associated Press IZIUM, Ukraine (AP) — Rainwater is for showers and dishes. Scavenged wood is for the cooking fires. But almost nothing keeps out the autumn chill in homes without windows. Russian forces controlled Izium for six months before being forced to retreat two weeks ago in a Ukrainian counteroffensive. The town
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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve will have to keep boosting its benchmark interest rate to a point that raises unemployment and gets inflation down from unusually high levels. That’s according to two central bank officials in separate remarks Monday. The comments from both officials added to an ongoing
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By ED DAVEY Associated Press LONDON (AP) — At the start of 2022, the Carlyle Group, one of the world’s leading private equity firms, published a report on its financial risk from greenhouse gas emissions. Yet something was not in the report. Carlyle’s largest oil and gas investment, NGP, was not included. A “note on
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Pfizer asked U.S. regulators Monday to expand use of its updated COVID-19 booster shot to children ages 5 to 11.
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By DAVID KOENIG AP Airlines Writer DALLAS (AP) — The government is getting its day in court to try to block a partnership between American Airlines and JetBlue. A trial is scheduled to start Tuesday in the Justice Department’s antitrust lawsuit against the airlines. The government says that letting American and JetBlue work together on
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By CATHERINE GASCHKA Associated Press PARIS (AP) — The Organization for Economic Cooperation and Development says Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year. The Paris-based organization projects worldwide growth to
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By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve rate increases since the start of the coronavirus pandemic. The companies already are cutting back and say they can’t continue operating at a
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By FAY ABUELGASIM Associated Press TRIPOLI, Lebanon (AP) — A ship carrying thousands of tons of corn and vegetable oil has arrived in northern Lebanon from war-ravaged Ukraine, the first of its kind since Russia’s invasion started seven months ago. Panama-registered AK Ambition docked on Monday in the northern Lebanese city of Tripoli. Ukraine Embassy
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By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The mining company that wants to extract an assortment of rare elements from under the ground in southeast Nebraska has announced a deal that will give it up to $285 million to help cover the roughly $1.1 billion cost of building the mine. In addition
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By NICOLE WINFIELD Associated Press ROME (AP) — The Brothers of Italy party, which won the most votes in Italy’s national election, has its roots in the post-World War II neo-fascist Italian Social Movement. Keeping the movement’s most potent symbol, the tricolor flame, Giorgia Meloni has taken Brothers of Italy from a fringe far-right group
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PARIS (AP) — The head of France’s Greens party stepped down from his post Monday after his former partner reportedly accused him of psychological abuse. Julien Bayou’s resignation came amid mounting pressure within his party and broader efforts to hold French politicians accountable for misconduct toward women. Bayou said in a statement that he was
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By LIZ WESTON of NerdWallet You may assume that having more money in retirement will make you happier. And you’d probably be right. But finances aren’t the only factor that contributes to a joyful post-employment period. Your health, relationships and sense of purpose play a significant role, too. Plus, research has found that a little
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By ADAM SCHRECK and JON GAMBRELL Associated Press KYIV, Ukraine (AP) — A young man shot a Russian military officer at close range at an enlistment office Monday, an unusually bold attack reflecting resistance to Russian President Vladimir Putin’s efforts to mobilize hundreds of thousands of more men to wage war on Ukraine. The shooting
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FRANKFURT, Germany (AP) — Europe’s largest economy is sending recession signals. Germany’s key future indicator has pointed down for the fourth month in a row as high inflation fed by astronomical natural gas prices undermines consumer pricing power and imposes heavy costs on businesses. The Ifo index dropped to 84.3 in September from 88.5 in
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By KRUTIKA PATHI Associated Press NEW DELHI (AP) — Apple Inc. will make its iPhone 14 in India, the company said on Monday, as manufacturers shift production from China amid geopolitical tensions and pandemic restrictions that have disrupted supply chains for many industries. “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety
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By KAREEM CHEHAYEB and BASSEM MROUE Associated Press BEIRUT (AP) — Lebanese army retirees have scuffled with parliamentary guard troops as they briefly broke through a cordon leading to Parliament in downtown Beirut. They were protesting their decimated pay amid the country’s economic meltdown. Riot police pushed the crowd back and fired teargas, forcing the
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By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — The Australian government says it’s considering tougher cybersecurity rules for telecommunications companies and blamed the nation’s second-largest wireless carrier, Optus, for an unprecedented breach of personal data from 9.8 million customers. Optus says it became aware of the cyberattack last Wednesday. It has since offered its
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By DAVID McHUGH, JUSTIN SPIKE, KAREL JANICEK and VESELIN TOSHKOV Associated Press FRANKFURT, Germany (AP) — Europe is staring down a winter energy crisis. Russia has reduced natural gas supplies as Europe supports Ukraine, and the continent’s ability to get through the winter may depend on how cold it is and competition from Asia. The
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By MUNIR AHMED and MUHAMMAD FAROOQ Associated Press KHAIRPUR, Pakistan (AP) — Like every year, Arz Mohammed had planted his little patch of land in southern Pakistan with cotton. The crop would earn him enough so that, as he puts it, his family of five wouldn’t be reduced to begging. Then came the deluge. Pakistan’s
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By JILL LAWLESS and DANICA KIRKA Associated Press LONDON (AP) — The Bank of England has sought to reassure financial markets after the British pound touched an all-time low against the U.S. dollar, but its entreaty has fallen flat for investors concerned about the government’s sweeping package of tax cuts. The central bank said Monday
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By HALELUYA HADERO AP Business Writer Amazon says it is holding a second Prime Day-like shopping event in October. The company is the latest major retailer to offer holiday deals earlier this year to entice cautious consumers dealing with tighter budgets. The event will be held October 11 and 12, offering early access to discounted
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By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — South Korea says North Korea and China have resumed their freight train service following a five-month hiatus. The reopening Monday came after North Korean leader Kim Jong Un last month made a dubious claim to have overcome the COVID-19 pandemic and ordered an easing of
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The Associated Press The Commerce Department releases its August tally of new U.S. home sales Tuesday and its final estimate of second-quarter economic growth on Thursday. The department issues its monthly snapshot of consumer spending Friday.
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By ELAINE KURTENBACH AP Business Writer Stocks were mixed in Asia on Tuesday after closing broadly lower on Wall Street, where the Dow Jones Industrial Average fell into what’s known as a bear market. Tokyo, Sydney and Shanghai advanced while Hong Kong and Seoul declined. U.S. futures rose and oil prices also were higher. The
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By BARBARA ORTUTAY AP Technology Writer WILMINGTON, Del. (AP) — Tesla CEO Elon Musk won a reprieve from questioning by Twitter lawyers Monday, according to several press reports citing anonymous sources. The billionaire had been scheduled to give a deposition in his high-stakes court fight with Twitter over whether he has to follow through with
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By COLLEEN BARRY AP Fashion Writer MILAN (AP) — Milan Fashion Week has come to a close after five days of mostly womenswear previews that celebrated diversity and renewal. More designers of color were represented than ever and a host of new talent made their debuts at major fashion houses. The Italian fashion council also
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PARIS (AP) — A blaze at a massive produce market that supplies Paris with much of its fresh food sent a billowing column of dark smoke towering over the French capital before it was brought under control. The Paris fire service said no one was injured in the warehouse fire Sunday at the Rungis International
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LONDON (AP) — Britain’s opposition Labour Party has opened its annual conference with leaders attacking the “immoral” tax-cutting of the new Conservative government. The party has seized on the scrapping of the 45% tax rate for the country’s highest earners as a crux issue for hard-at-heel Britons who are struggling through the worst cost of
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By FRANK JORDANS Associated Press BERLIN (AP) — German Chancellor Olaf Scholz planted a tree at a mangrove park in the United Arab Emirates in a token nod to environmentalism during a two-day visit to the Gulf region focused mainly on securing new fossil fuel supplies and forging fresh alliances against Russia. Germany is trying
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By AYA BATRAWY AP Business Writer DUBAI, United Arab Emirates (AP) — Stores are selling winter clothes from last season in the middle of summer. Repair shops lack spare parts for appliances. There’s a waiting list to buy a new car. Egypt, a country of more than 103 million people, is running low on foreign
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VANDENBERG SPACE FORCE BASE, Calif. (AP) — A classified satellite for the U.S. National Reconnaissance Office launched into orbit aboard a United Launch Alliance Delta 4 Heavy rocket on Saturday. The NROL-91 spy satellite lifted off at 3:25 p.m. from Vandenberg Space Force Base in California’s Santa Barbara County. It was the last launch of
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By AYA BATRAWY AP Business Writer NEW YORK (AP) — Saudi Arabia appears to be leaving behind the stream of negative coverage the killing of Jamal Khashoggi elicited since 2018. Once again enthusiastically welcomed back into polite and powerful society, it is no longer as frowned upon to seek their investments and accept their favor.
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By COLLEEN BARRY AP Fashion Week MILAN (AP) — Kim Kardashian took Milan by storm on Saturday, curating a new collection for Dolce&Gabbana that took inspiration from 20 years of archival looks. It was a day of debuts in Milan, including Maximilian Davis, a 27-yeaer-old British designer with Afro-Caribbean roots, at the creative helm of
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By FRANK JORDANS Associated Press BERLIN (AP) — German Chancellor Olaf Scholz has arrived in Saudi Arabia for the first stop of a two-day, three-country visit aimed at striking new energy deals and forging fresh alliances. Amid the economic and geopolitical turmoil resulting from Russia’s invasion of Ukraine, the German government has scrambled to wean
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By FRANCES D’EMILIO Associated Press ROME (AP) — A Sunday parliamentary election will determine who governs next in Italy. But it might take weeks before a coalition government is actually in place to run the major industrial economy and key NATO member. Opinion polls indicate that voters might elect the first far-right premier of the
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By DAVID RISING Associated Press BANGKOK (AP) — A Chinese scientific ship bristling with surveillance equipment docked in a Sri Lankan port. Hundreds of fishing boats anchored for months at a time among disputed islands in the South China Sea. And ocean-going ferries, built to be capable of carrying heavy vehicles and large loads of
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By BOB CHRISTIE Associated Press PHOENIX (AP) — Public school advocates who oppose a massive expansion of Arizona’s private school voucher system have filed enough signatures to block it from taking effect. The law extends the program to every child in the state. It will be on hold instead of taking effect Saturday. If a
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By MALLIKA SEN Associated Press UNITED NATIONS (AP) — Every September, the New York City police barricades go up around U.N. headquarters in midtown Manhattan, demarcating a temporary multinational fiefdom and inadvertently annexing peripheral businesses and residence towers. “Oh, it’s terrible,” Hillary Lee, the owner of Belleclaire Cleaners, softly moans when asked how business fares
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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — World Bank President David Malpass said Friday he won’t resign after coming under criticism for his remarks earlier this week regarding climate change. At an event sponsored by The New York Times on Tuesday, Malpass wouldn’t answer directly when asked whether the burning of fossil fuels
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By MICHAEL BALSAMO Associated Press WASHINGTON (AP) — A federal judge has rejected the Justice Department’s bid to block a major U.S. sugar manufacturer from acquiring its rival, clearing the way for the acquisition to proceed. The ruling was handed down Friday by a federal judge in Wilmington, Delaware. It comes months after the Justice
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The Associated Press Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the pressure even more with additional hikes to interest rates. The Dow Jones Industrial Average closed at its lowest point of the year Friday. The S&P 500 fell 1.7%, close to its 2022
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TURIN, Italy (AP) — Juventus has reported a record loss of 254.3 million euros for the 2021-22 financial year at a board of directors meeting. It’s the fifth consecutive year that Juventus has reported a loss. It is 44.4 million euros more than in 2020-21. Juventus says the increase in losses is mainly due to
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NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Boeing, Devon Energy fall; Guidewire, Dollar Tree rise.
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CHICAGO (AP) — A Chicago state senator has pleaded not guilty to charges of lying to the FBI and seeking a bribe to oppose legislation that would have required a statewide evaluation of red-light camera systems. Sen. Emil Jones III, the latest public official implicated in the bribery scheme, entered the plea by telephone Friday
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The Associated Press Benchmark U.S. crude oil for November delivery fell $4.75 to $78.74 a barrel Friday. Brent crude for November delivery fell $4.31 to $86.15 a barrel. Wholesale gasoline for October delivery fell 14 cents to $2.38 a gallon. October heating oil fell 17 cents to $3.24 a gallon. October natural gas fell 26
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By BRIAN WITTE Associated Press ANNAPOLIS, Md. (AP) — Maryland Attorney General Brian Frosh has announced a settlement with a property management company owned by the family of former President Donald Trump’s son-in-law, Jared Kushner. Frosh announced Friday that Westminster Management has agreed to pay a $3.25 million civil penalty and restitution to settle a
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By FREIDA FRISARO Associated Press FORT LAUDERDALE, Fla. (AP) — Florida Highway Patrol troopers who arrived at a crash scene in Pensacola this summer found a 23-year-old Navy officer dead at the wheel with neck wounds that initially looked like a possible shooting. A trooper later messaged the U.S. National Highway Traffic Safety Administration that
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By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — As sports betting has swept across the country, internet casino games have grown much more slowly. But the online casino market has tremendous potential for growth and expansion, according to participants in a major casino conference. Speaking Friday at the East Coast Gaming Congress in
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By TOM KRISHER AP Auto Writer TOLEDO, Ohio (AP) — General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles. It’s the first GM engine or transmission plant to begin the long transition from internal combustion engines to EVs. GM
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MEMPHIS, Tenn. (AP) — Officials say building construction has begun at the future site of a factory where Ford and a South Korean company have joined forces to build electric trucks and batteries in rural west Tennessee. Ford Motor Co. said it has broken ground on the construction of steel structures in Stanton, Tennessee, located
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By JILL COLVIN Associated Press NEW YORK (AP) — Top allies of former President Donald Trump are creating a new super PAC that’s expected to serve as the main vehicle for his midterm spending and could become a key part of his campaign infrastructure should he move forward with a 2024 White House run. The
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By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. is outlining its goals for a new trade deal with Australia, Japan, South Korea and nine other nations meant to signal the country’s commitment to working with the Indo-Pacific region at a time of growing Chinese clout. The Office of the U.S. Trade Representative
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By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Treasury Department says it will allow American tech firms to expand their business in Iran to boost internet access for the Iranian people. The Iranian government cut most internet access for its 80 million citizens during a crackdown on demonstrators protesting the death of 22-year-old Mahsa
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By RUSS BYNUM Associated Press SAVANNAH, Ga. (AP) — U.S. Sen. Raphael Warnock is urging the U.S. Treasury secretary to use “flexibility” in defining how automakers and consumers qualify for a revised tax credit for Americans buying electric vehicles. The Democratic senator from Georgia sent a letter Friday to Treasury Secretary Janet Yellen raising concerns
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MADRID (AP) — Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year. That is in addition to its windfall taxes on large energy companies and banks. Socialist Prime Minister Pedro Sánchez said Friday the change is meant to help fund the welfare state
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By SETH BORENSTEIN and FRANK JORDANS Associated Press NEW YORK (AP) — Young activists have staged a coordinated “global climate strike” to highlight their fears about the effects of global warming and demand more aid for poor countries hit by wild weather. Protesters took to the streets in New York, Jakarta, Tokyo, Rome and Berlin
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By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Denmark’s government says a temporary ban on mink breeding will expire Jan. 1, allowing mink production to resume in the country but at a ”significantly reduced” level compared to before the coronavirus pandemic. The government nearly two years ago ordered a cull of millions of
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MADRID (AP) — Spain’s Civil Guard says it seized 14 metric tons (15.4 tons) of hashish from Morocco and arrested 49 people as it smashed a major drug-smuggling ring. A Guardia Civil statement issued on Friday said the gang was the biggest operating in Spain, regularly bringing up to 20 metric tons (19.7 tons) of
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By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong’s leader announced the city would no longer require incoming travelers to quarantine in designated hotels as it seeks to remain competitive and open up globally after nearly two years. Incoming travelers will also no longer need a negative PCR test within 48 hours before
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By DANIEL NIEMANN Associated Press COLOGNE, Germany (AP) — A family-run bakery in the German city of Cologne is turning off its ovens for good after 90 years because it can no longer afford rising energy prices resulting from Russia’s war in Ukraine. Engelbert Schlechtrimen’s grandparents founded the bakery before World War II and the
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By JADE LE DELEY Associated Press PARIS (AP) — France’s parliament speaker on Thursday released the first public accounting of complaints to a special unit aimed at fighting sexual harassment and other misconduct. The announcement came after several cases involving French political figures accused of abuse prompted public outrage. Yael Braun-Pivet is the first woman
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By DANICA KIRKA, JILL LAWLESS and SYLVIA HUI Associated Press LONDON (AP) — The British pound has went on its biggest one-day drop in 2 1/2 years after the U.K.’s new government outlined plans to cut taxes and boost spending. It’s sparked concerns that increased public borrowing will worsen the nation’s cost-of-living crisis. The British
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By FRANCES D’EMILIO and COLLEEN BARRY Associated Press ROME (AP) — Italians will vote on Sunday in what is being billed as a crucial election as Europe reels from the repercussions of Russia’s war in Ukraine. For the first time in Italy since the end of World War II, the election could propel a far-right
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By HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — A Kremlin-orchestrated referendum got underway Friday in occupied regions of Ukraine that sought to make them part of Russia, with some officials carrying ballots to apartment blocks accompanied by gun-toting police. Kyiv and the West condemned it as a rigged election whose result was preordained by
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By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks fell sharply worldwide Friday on worries an already slowing global economy could fall into recession as central banks raise the pressure with additional interest rate hikes. The Dow Jones Industrial Average fell 1.6%, closing at its lowest level since late 2020. The S&P 500
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By MIKE HOUSEHOLDER Associated Press DETROIT (AP) — The Detroit auto show has returned after a three-year absence with a roar. And a soar. Visitors to the prestigious North American International Auto Show, which kicked off last week, can lay eyes on the latest offerings from some of the world’s biggest automakers, as they’ve been
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NEW YORK (AP) — The NFL says Apple Music will be the new sponsor of the Super Bowl halftime show. The multi-year sponsorship will begin with this season’s Super Bowl on Feb. 12 in Glendale, Arizona. Apple Music replaces Pepsi, which sponsored the show for the past 10 years. Terms were not announced, but analysts
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NEW YORK (AP) — Secretary of State Antony Blinken’s father, Donald Blinken, a former U.S. diplomat, investment banker and modern art collector, has died. He was 96. Blinken announced his father’s passing in a series of tweets while he was attending the annual UN General Assembly. Blinken said his dad served his city, state and
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By DÁNICA COTO Associated Press CAGUAS, Puerto Rico (AP) — A growing number of businesses, including grocery stores and gas stations, are temporarily closing across Puerto Rico as power outages caused by Hurricane Fiona drag on in the U.S. territory, sparking concern about the availability of fuel and basic goods. Hand-written signs warning of closures
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By JULHAS ALAM Associated Press DHAKA, Bangladesh (AP) — Standing in line to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, she is struggling to find affordable daily essentials like rice, lentils and onions. “I went to two other places, but they told me they don’t have supplies. Then I
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COLON, Panama (AP) — The unveiling of a futuristic luxury model home on Panama’s Caribbean coast tanked when the SeaPod Eco prototype perched above the water on a column slumped onto an adjacent dock. Developer Ocean Builders says in a statement that the sleek white home began to “destabilize” at the end of the launch
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LOS ANGELES (AP) — A judge has approved a $230 million lawsuit settlement by the owners of a pipeline that spilled more than 140,000 gallons of crude oil into the ocean off California in 2015. A federal judge in Los Angeles gave final approval on Tuesday to a settlement of a class-action suit that blamed
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By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — A data privacy watchdog’s lawsuit says a Northern California utility routinely fed customers’ power use information to police so they could target illicit marijuana grows, without requiring a warrant or suspicion of wrongdoing. It says customers of Asian descent were targeted by the Sacramento Municipal Utility
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By DAVID PITT Associated Press DES MOINES, Iowa (AP) — A federal judge has sentenced an Arizona woman to six years in prison for using a cutting torch to damage the Dakota Access pipeline in Iowa and setting fire to pipeline equipment in three counties in 2016 and 2017. The judge also ordered 32-year-old Ruby
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By MALLIKA SEN and EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — As a NATO member and neighbor of Russia, Norway’s geographical and geopolitical location has proved relevant in the context of the war in Ukraine. It’s also an elected member of the U.N. Security Council, with a few months before its term elapses.
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By DAVID KOENIG AP Airlines Writer Boeing Co. will pay $200 million to settle charges that the company and its former CEO misled investors about the safety of its 737 Max after two of the airliners crashed, killing 346 people. The Securities and Exchange Commission said Thursday that it charged the aircraft maker and former
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By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen heads to the Durham, North Carolina, area next Tuesday as part of her ongoing national tour to promote the Biden administration’s legislative agenda ahead of midterm elections. She will be stressing record climate investments of $375 billion over the next decade through the
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