AP National Business

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Elon Musk’s hopes to operate his satellite internet firm in Iran require permission from the Treasury Department, which said Tuesday it welcomes applications to support internet freedom in the country, which is largely isolated from western economies. The Tesla CEO tweeted Monday that his satellite internet firm

By MAYSOON KHAN Associated Press/Report for America NEW YORK, N.Y. (AP) — Security cameras, which are already ubiquitous on New York’s streets, will soon be installed in all of the city’s nearly 6,400 subway cars as officials work to rebuild riders’ faith in the system’s safety. New York Governor Kathy Hochul made the announcement Tuesday.

The Associated Press Stocks closed lower on Wall Street ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 fell 1.1% Tuesday. The Nasdaq composite and the Dow Jones Industrial Average also lost ground. Treasury yields were mostly higher. Traders are waiting to see how high the Fed will raise

BRATISLAVA, Slovakia (AP) — Several thousand people have rallied in the Slovak capital of Bratislava to protest the government amid soaring energy prices. They are demanding an early election. The protest was organized by the opposition leftist Smer-Social Democracy party of former populist Prime Minister Robert Fico and included supporters of the far right. Fico

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Gap is slashing 500 corporate jobs in San Francisco and New York as it looks to reduce expenses amid languishing sales. The job cuts, confirmed by a company spokesperson, follow years of struggle at the San Francisco-based retailer, which operates its namesake stores as well

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition of iRobot. In a regulatory filing Tuesday, iRobot said both it and Amazon received a request for additional information in connection with an FTC review of the merger. Both companies say they will cooperate with

By MATTHEW DALY Associated Press WASHINGTON (AP) — Sen. Joe Manchin on Tuesday railed against what he called “revenge politics″ being used against him, as liberals in the House and Senate team up with Republicans to oppose his plan to speed permits for natural gas pipelines and other energy projects. Manchin, a West Virginia Democrat,

By AYA BATRAWY Associated Press UNITED NATIONS (AP) — Turkey’s president used his speech at the U.N. General Assembly to shine a spotlight on Turkish maneuvering in conflicts that span from Syria to Ukraine. President Recep Tayyip Erdogan’s speech on Tuesday comes as Turkey is beset by staggeringly high inflation and a cost of living

PARIS (AP) — The committee governing Paris’ Champs-Elysees says it is switching off shop lights on the famed avenue hours earlier each night to help save energy as the war in Ukraine squeezes the electricity market in Europe. The plan announced Tuesday means that shop lights on the avenue will go dark at 10 p.m.

BERLIN (AP) — The Defense Ministry in Berlin says Germany and Slovenia have agreed upon a deal that will see Slovenia send 28 tanks of Soviet-era design to Ukraine and get 40 modern military trucks from Germany. It said Tuesday the two countries’ defense ministers agreed to sign a letter of intent on the deal,

By AMY FORLITI Associated Press MINNEAPOLIS (AP) — United States authorities charged 48 people in Minnesota with conspiracy and other counts in what they said Tuesday was the largest pandemic-related fraud scheme yet, stealing $250 million from a federal program that provides meals to low-income children. Federal prosecutors say the defendants created companies that claimed

Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop electric vehicles from General Motors over the next five years. The deal includes electric vehicle deliveries through 2027 and will span a variety of vehicles such as SUVs, pickups and luxury automobiles. The companies anticipate that deliveries of the Chevrolet Bolt EV

By TOM HAYS Associated Press NEW YORK (AP) — Potential jurors in a federal case against an ally of Donald Trump have been quizzed on what they think of the former president. The question came up this week during jury selection at the New York City trial of Tom Barrack. He is a wealthy Los

By The Associated Press NEW YORK (AP) — The expanding audio books market has a major new retailer: Spotify. On Tuesday, the music streaming service announced its long-rumored audiobook initiative, launching a store that includes more than 300,000 titles, including such popular works as Delia Owens’ “Where the Crawdads Sing,” Michelle Obama’s “Becoming” and Colleen

By JILL LAWLESS Associated Press NEW YORK (AP) — U.K. Prime Minister Liz Truss said Tuesday that she’s ready to make “unpopular decisions” such as boosting bonuses for wealthy bankers in order to get the U.K.’s sluggish economy growing. Truss spoke Tuesday before of an emergency government budget statement at the end of the week.

DALLAS (AP) — Hackers gained access to personal information of some customers and employees at American Airlines. The airline said Tuesday that information on a “very small number” of people was compromised after a phishing attack that breached some employee email accounts. American Airlines says it has no indication that the attackers have misused any

By TOM MURPHY AP Health Writer Walgreens is spending nearly $1.4 billion to buy the remaining stake in Shields Health Solutions it doesn’t already own and continue pushing into the fast-growing area of specialty pharmacy. The drugstore chain says it will acquire a 30% stake in a deal expected to close by the end of

By DEE-ANN DURBIN AP Business Writer A top executive at plant-based food company Beyond Meat has been charged with felony battery after a fight outside a college football game in which he was accused of biting a man’s nose. Doug Ramsey was also charged with making a terroristic threat after the attack Saturday in a

Associated Press MADRID (AP) — Europol says 32 people have been arrested in Spain for alleged ties to Italy’s ‘ndrangheta mafia for large-scale drug trafficking and money laundering. The operation announce Tuesday by the European police agency was carried out Spanish and Italian police last week on the Spanish Mediterranean island of Ibiza. The criminal

MADRID (AP) — Spain will temporarily slash sales tax on natural gas from 21% to 5% to help consumers face rising energy costs this winter as Russia has cut back gas exports to Europe amid the war in Ukraine. Spain’s minister charged with energy policy said Tuesday that the measure also will apply to the

BERLIN (AP) — The European Union’s top court has ruled that a German requirement for companies to retain the location and connection data of all people who use their services is illegal. The European Court of Justice said in a ruling published Tuesday that exceptions can be made in cases where national security is threatened.

TBILISI, Georgia (AP) — Police in the country of Georgia said Tuesday that 12 people who were held hostage for hours in a bank by a gunman have been freed and hostage-taker has been arrested.  Georgian media reported that the gunman at the bank in the city of Kutaisi had demanded $2 million, a helicopter

By JON GAMBRELL Associated Press KYIV, Ukraine (AP) — Russian-controlled regions of eastern and southern Ukraine announced plans Tuesday to start voting this week to become integral parts of Russia. The Kremlin-backed efforts to swallow up four regions could set the stage for Moscow to escalate the war following Ukrainian successes on the battlefield. The

DUBAI, United Arab Emirates (AP) — Dubai-based shipping giant DP World says it has won another ruling in a longstanding legal battle over the operation of a strategic port in the African nation of Djibouti. DP World said an appeals court in Hong Kong agreed with its request to keep its suit against China Merchants

By MOLLY QUELL Associated Press THE HAGUE, Netherlands (AP) — Dutch King Willem-Alexander has unveiled government plans to help households squeezed by rising costs. In his annual address to the nation, the king called inflation, energy prices and the war in Ukraine just some of the “uncertainties” the country is facing. Boos could be heard

By GLENN GAMBOA AP Business Writer NEW YORK (AP) — The Global Fund to Fight AIDS, Tuberculosis and Malaria will get some high-powered help this week to reach its $18 billion goal to fund another three years to slow the spread of these diseases. President Joe Biden will host The Global Fund’s Seventh Replenishment Conference,

By LORNE COOK Associated Press BRUSSELS (AP) — Hungary’s justice minister is urging her European Union partners to be “tolerant” after the EU’s executive branch recommended suspending billions of euros in funding to the country. The European Commission is concerned about democratic backsliding and the possible mismanagement of EU money. It says freeze $7.5 billion

COPENHAGEN, Denmark (AP) — Sweden’s central bank has raised its key interest rate by a huge full percentage point to combat the highest inflation in more than 30 years. The move Tuesday is the first of a series of large hikes expected from central banks worldwide this week. Riksbanken says inflation has risen rapidly to

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly rose Tuesday, after Wall Street closed higher on a late buying spree following recent losses as investors await another interest rate increase by the U.S. Federal Reserve. Markets have been jittery over whether the Fed’s plan to cool the hottest U.S. inflation in

By COLLEEN BARRY Associated Press MILAN (AP) — Giambarini Group’s plants in northern Italy must keep zinc baths that rustproof steel and iron parts super-heated around the clock, seven days a week, an energy-intensive process that has grown exponentially more costly as natural gas prices spike. Methane to create molten zinc that forms a protective

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australian iron ore miner Fortescue Metals Group has announced a $6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade. The world’s fourth-largest iron ore producer said in a statement to the Australian Securities Exchange on Tuesday

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve as it works to squash the highest inflation in decades. Japan’s benchmark Nikkei 225 dipped 1.4% in morning trading to 27,308.66. Australia’s S&P/ASX 200 dropped

By STEVE PEOPLES and AARON M. KESSLER Associated Press WASHINGTON (AP) — Democrats are pumping an unprecedented amount of money into advertising related to abortion rights. The spending underscores how central the message is to the party in the final weeks before midterm elections. The most intense period of campaigning is only just beginning, and

By STEVE PEOPLES and AARON M. KESSLER Associated Press WASHINGTON (AP) — Democrats are pumping an unprecedented amount of money into advertising related to abortion rights, underscoring how central the message is to the party in the final weeks before the November midterm elections. With the most intense period of campaigning only just beginning, Democrats

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — South Korean prosecutors have asked Interpol to issue a fugitive alert for the founder of Terraform Labs as they investigate a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world. The Seoul Southern District Prosecutors’ Office said it requested to

By AYA BATRAWY AP Business Writer UNITED NATIONS (AP) — Germany’s climate envoy says the country remains committed to phasing out coal as a source of power by 2030 even as it reactivates coal-fired power plants. The country says it has taken this step to get through the coming winter amid energy shortages as a

FAYETTEVILLE, Ark. (AP) — An executive of a vegan food products company has been charged with felony battery and making a terroristic threat after a fracas outside a football game in which he’s accused of biting a man’s nose, officials said. Beyond Meat Chief Operations Officer Doug Ramsey has been accused of a road rage

By RANDALL CHASE Associated Press DOVER, Del. (AP) — A judge says the company that privatized operations at Delaware’s port owes more than $21 million in damages for breaching an agreement to buy the port’s former stevedoring firm. The judge on Monday also found GT USA Wilmington in contempt for using confidential information it obtained

By DAVID KOENIG AP Airlines Writer The federal government has turned down a request by a regional airline to hire pilots with half the flying experience generally required. The Federal Aviation Administration says it’s in the public interest to uphold the current standards. Republic Airways petitioned to hire first officers — or co-pilots — with

The Associated Press Stocks closed higher on Wall Street after swaying between small gains and losses much of the day as investors brace for another big interest rate increase this week from the Federal Reserve. The S&P 500 rose 0.7% on Monday. The Dow Jones Industrial Average and the Nasdaq also gained ground. Treasury yields

NEW YORK (AP) — Video game producer Rockstar Games says early development footage from the next version of its popular title Grand Theft Auto was stolen in the hack of its network. A person claiming to be the hacker dumped 90 videos from the theft online and claimed also to have source code. They were

The Associated Press Benchmark U.S. crude oil for October delivery rose 62 cents to $85.73 a barrel Monday. Brent crude for November delivery rose 65 cents to $92 a barrel. Wholesale gasoline for October delivery rose 4 cents to $2.46 a gallon. October heating oil rose 14 cents to $3.31 a gallon. October natural gas

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — JBS has agreed to pay $20 million to settle a lawsuit with consumers that accused the giant meat producer of conspiring with other meat companies to inflate pork prices. Even though the Brazilian company didn’t admit wrongdoing, the latest settlement will only reinforce the concerns

By KARL RITTER and JON GAMBRELL Associated Press KYIV, Ukraine (AP) — A Russian missile blasted a crater close to a nuclear power plant in southern Ukraine on Monday, damaging nearby industrial equipment but not hitting its three reactors. Ukrainian authorities denounced the move as an act of “nuclear terrorism.” The missile struck within 300

BERLIN (AP) — The operator of one of Germany’s three remaining nuclear power stations says it has detected a leak that will require the plant to shut down for maintenance if it’s to run beyond the end of the year. The announcement on Monday puts pressure on the German government to decide if it wants

FRANKFURT, Germany (AP) — The European Central Bank says it will give corporations climate scores before it buys their bonds and intends to prioritize those doing more to reveal and reduce greenhouse gas emissions. The announcement Monday fills in details of the bank’s efforts to help Europe meet its environmental goals. The Frankfurt, Germany-based central

By NICHOLAS PAPHITIS Associated Press ATHENS, Greece (AP) — In movie theatres and pubs, on giant screens and smartphones, people watched and pundits droned on as Queen Elizabeth II’s funeral in London flooded the airwaves live across time zones and continents. On the other side of the English Channel in staunchly republican France, broadcasters scrapped

By ADRIANA MORGA Associated Press NEW YORK (AP) — When President Joe Biden announced a plan to forgive student loan debt, many borrowers who kept making payments during the pandemic wondered if they’d made the right choice. Borrowers who paid down their debt during a pandemic freeze that started in March 2020 can in fact

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Russia’s war against Ukraine, the lingering coronavirus pandemic and the damage of climate change are putting intense pressure on the world’s poorest, the Organization for Economic Cooperation and Development warns. The Paris-based OECD reported that 60 states, territories and locations fell last year into the category

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — Israel and Cyprus say they have made “significant” headway in resolving a long-running dispute over an offshore natural gas deposit and say they are committed to quickly reaching a deal as Europe looks for new energy sources. Cyprus Energy Minister Natasa Pilides and her Israeli counterpart,

By MIKE SCHNEIDER Associated Press ORLANDO, Fla. (AP) — Visitors to the new terminal at Orlando International Airport may want to wear sunscreen. Sun rays beaming through its windows don’t just peck passengers — they practically smooch them as if they were spending a day at the beach. Accompanied by a plethora of realistic-looking fake

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how much pain could be in store. The Fed

FRANKFURT, Germany (AP) — Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche. The deal will reap billions to fund the German automaker’s investments in new technologies and businesses including electric cars, software and services. The company said it aims for a listing on the Frankfurt

By MONIKA SCISLOWSKA Associated Press WARSAW, Poland (AP) — Estonia, Latvia and Lithuania have closed their borders to most Russians in response to the wide domestic support in Russia for the war in Ukraine. Under the coordinated travel ban, Russians wishing to travel to the Baltic countries as tourists or for business, sports or cultural

By GLENN GAMBOA AP Business Writer NEW YORK (AP) — President Bill Clinton says he is amazed by the massive response to the return of the Clinton Global Initiative. That’s the meeting of international leaders from politics, business and philanthropy set to gather in New York for the first time since 2016. Interest in the

The Associated Press The Commerce Department releases its monthly snapshot of U.S. housing starts Tuesday. The Federal Reserve delivers its latest interest rate policy update Wednesday. FedEx reports quarterly results Thursday.

By DANICA KIRKA, MIKE CORDER and SAMYA KULLAB Associated Press LONDON (AP) — The United Kingdom and the world bade farewell to Queen Elizabeth II on Monday with a state funeral that drew presidents and kings, princes and prime ministers — and crowds in the streets of London and at Windsor Castle — to honor

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers A choppy day of trading on Wall Street ended with stocks closing higher Monday as investors brace for another big interest rate increase this week from the Federal Reserve. The indexes swayed between modest gains and losses for much of the day before a burst

By STAN CHOE AP Business Writer NEW YORK (AP) — The buck isn’t stopping. The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific. After rising again Friday, the dollar is near

By JON GAMBRELL Associated Press KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy promised his country there would be no letup in the counteroffensive that has reclaimed towns and cities from Russian troops, as shelling continued Sunday across a wide stretch of Ukraine. Zelenskyy ran through a list of towns that Ukraine has taken back

By MIKE CORDER, JILL LAWLESS and SYLVIA HUI Associated Press LONDON (AP) — U.S. President Joe Biden paid his respects at Queen Elizabeth II’s coffin on Sunday as thousands of police, hundreds of British troops and an army of officials made final preparations for the queen’s state funeral — a spectacular display of national mourning

By RODNEY MUHUMUZA Associated Press KAYUNGA, Uganda (AP) — Moses Wamugango peered into the plastic vats where maggots wriggled in decomposing filth, the enviable project of a neighbor who spoke of the fertilizer problem he had been able to solve. The maggots are the larvae of the black soldier fly, an insect whose digestive system

By FRANCES D’EMILIO Associated Press ROME (AP) — If Italy elects the nation’s first female premier, will its women be delighted or dismayed? Should opinion polls prove on the mark, Giorgia Meloni and the far-right Brothers of Italy party she co-founded less than a decade ago will triumph in the Sept. 25 election. Meloni might

SHAOXING, China (AP) — Ninety minutes after Queen Elizabeth II died, orders for thousands of British flags started to flood into a factory south of Shanghai. More than 100 employees at Chuangdong Tour Articles Co. set aside other work and put in 14-hour days starting at 7:30 a.m. making nothing but British-themed flags. Manager Fan

WARSAW, Poland (AP) — Poland’s top leaders celebrated the opening of a new canal that they say will mean ships no longer must secure Russia’s permission to sail from the Baltic Sea to Vistula Lagoon ports. The event on Saturday was timed to mark 83 years since the Soviet invasion of Poland during World War

MUNICH (AP) — The beer is flowing at Munich’s world-famous Oktoberfest for the first time since 2019. With three knocks of a hammer and the traditional cry of “O’zapft is” — “It’s tapped” — the city’s mayor inserted the tap in the first keg at noon on Saturday to open the festivities. Oktoberfest has typically

By KELVIN CHAN AP Business Writer LONDON (AP) — Royal fans have poured into the heart of London to experience the flag-lined roads, pomp-filled processions and, above all, brave a mileslong line for the once-in-a-lifetime chance to bid adieu to Queen Elizabeth II, who died after an unprecedented seven decades on the throne. And while

By PAUL J. WEBER Associated Press AUSTIN, Texas (AP) — A federal appeals court has ruled in favor of a Texas law targeting major social media companies like Facebook and Twitter. The ruling Friday by the 5th U.S. Circuit Court of Appeals in New Orleans is a victory for Republicans who accuse the platforms of

By STEVE KARNOWSKI Associated Press EAGAN, Minn. (AP) — Democratic Gov. Tim Walz has rolled out a framework for fighting climate change that shows his proposed direction on the environment if he wins a second term. It’s a sweeping plan that would slash carbon emissions and speed the switchover to electric vehicles. Walz announced it

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: FedEx, General Electric fall; Bowlero, FirstEnergy rise.

The Associated Press Stocks fell broadly on Wall Street, leaving the market with another week of sizable losses, as a stark warning from FedEx about rapidly worsening trends in the economy gave investors more to worry about. The S&P 500 fell 0.7% Friday. The Nasdaq lost almost 1% and the Dow lost almost half a

By RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — Uganda’s leader has warned that his government could “find someone else to work with” as French partner TotalEnergies faced mounting pressure to pull out of a partnership to construct a pipeline opposed by climate activists. The comments on Friday followed a resolution by the European Union’s

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from gamblers in August, up more than 10% from a year earlier. The amount of money won from in-person gamblers at casinos was

The Associated Press Benchmark U.S. crude oil for October delivery rose 1 cent to $85.11 a barrel Friday. Brent crude for November delivery rose 51 cents to $91.35 a barrel. Wholesale gasoline for October delivery fell 1 cent to $2.42 a gallon. October heating oil fell 4 cents to $3.17 a gallon. October natural gas