AP National Business

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — A five-year report says Australia’s environment continues to deteriorate due to climate change, resource extraction and other causes. The State of the Environment report found more species are being threatened in Australia as land is lost to wildfires, climate change and development. The report prompted government

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister and acting president Ranil Wickremesinghe faces two rivals in a parliamentary vote on who will succeed the ousted leader who fled the country last week. Wickremesinghe is backed by members of the fragmented ruling coalition but his candidacy is opposed by

By ALAN FRAM Associated Press WASHINGTON (AP) — Democrats will push ahead on restraining pharmaceutical prices and extending health insurance subsidies for millions of Americans, Senate Majority Leader Chuck Schumer affirmed Tuesday, backing President Joe Biden’s call for his party to settle for a pared-down economic package and effectively concede to a pivotal senator. Aiming

By KRUTIKA PATHI and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — A day after Sri Lanka’s president fled, Mohamed Ishad waited outside an immigration office near the capital, clutching a file of documents that he hopes will get his passport renewed so he can leave, too. With the nation in the throes of

By KEVIN FREKING Associated Press WASHINGTON (AP) — Key Republicans are warming up to passing a bill that provides roughly $52 billion in incentives for the semiconductor industry. Three weeks ago, the computer chips bill looked like it could be in trouble despite having significant bipartisan support. That’s when Senate Republican leader Mitch McConnell said

The Associated Press Major indexes closed lower on Wall Street Monday after an early gain evaporated in the afternoon. The choppy trading came at the start of another busy week for profit reports from U.S. companies. Gains for energy producers, big retailers and other companies that rely on consumer spending were outweighed by a pullback

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Goldman Sachs, ODP, Boeing rise; Seagen falls

The Associated Press Benchmark U.S. crude oil for August delivery rose $5.01 to $102.60 a barrel Monday. Brent crude for September delivery rose $5.11 to $106.27 a barrel. Wholesale gasoline for August delivery rose 5 cents to $3.25 a gallon. August heating oil fell 4 cents to $3.66 a gallon. August natural gas rose 46

RALEIGH, N.C. (AP) — A North Carolina-based insurance magnate whose convictions on corruption-related counts were overturned by a federal appeals court has been released from prison. The U.S. prison system says Greg E. Lindberg was let out of a minimum-security prison in Alabama late last week. It was the day after a judge agreed to

By TOM KRISHER AP Auto Writer NEW YORK (AP) — General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says. Mary Barra, in an interview with The Associated Press, said the automaker’s main office will remain in the Renaissance Center, the centerpiece of the city’s skyline just

By MICHELLE CHAPMAN AP Business Writer General Electric is revealing the names of the three companies that will operate on their own after the historic split of the one-time conglomerate. GE said Monday that the healthcare business will be named GE Healthcare; the aviation business will be called GE Aerospace; and its energy businesses will

By KEN SWEET AP Business Writer NEW YORK (AP) — Investment banking giant Goldman Sachs saw its second-quarter profits fall nearly half from a year ago, as the markets turmoil and warnings of a possible recession caused the bank’s deal-making business to slow down considerably. The New York-based bank said Monday that it earned a

By VESELIN TOSHKOV Associated Press SOFIA, Bulgaria (AP) — Bulgarian President Rumen Radev has handed a mandate to the third-largest political party in parliament to form a government after two previous attempts have failed. The chances of the Socialist Party’s success are dim. But its floor leader said Monday his party would invite the three

By STAN CHOE AP Business Writer NEW YORK (AP) — Stock prices are down about 20% since famed investor Jeremy Grantham warned early this year that they were in a “super bubble.” But they can still drop more, says Grantham, who has correctly predicted several of the world’s biggest bubbles to burst, going back to

By BOUAZZA BEN BOUAZZA Associated Press TUNIS, Tunisia (AP) — The leader of Tunisia’s main opposition party is due to be questioned by the country’s anti-terrorism unit on suspicion of money laundering and terrorist financing through an association charity. Rached Ghannouchi was among a dozen top Ennahdha part officials whose bank accounts the country’s central

By MICHELLE CHAPMAN AP Business Writer Delta is ordering 100 737 Max 10 airplanes, the largest of the line produced by Boeing, potentially giving the manufacturer additional momentum after a troubled rollout of its most advanced aircraft. Delta has an option to purchase 30 more of the aircraft as the airline looks to keep up

WARSAW, Poland (AP) — Poland’s central bank chief has drawn criticism after he was caught on hidden camera discussing inflation and fiscal policy with an activist who approached him during a private walk. Some critics said Monday that Adam Glapinski might have broken the law when he told the woman there may be just one

By DAVID PORTER Associated Press NEW YORK (AP) — A funding agreement has been reached for the multibillion-dollar redevelopment of New York’s aging Penn Station rail hub. Gov. Kathy Hochul and Mayor Eric Adams announced the deal Monday morning. It calls for private developers to make payments in lieu of taxes on new commercial and

BERLIN (AP) — Germany says a turbine at the center of uncertainty about future gas deliveries through a major pipeline from Russia to Europe was only supposed to be installed in September, underlining its insistence there should be no technical obstacle to the gas flow. Meanwhile, Germany’s biggest importer of Russian gas said Monday that

By KEN SWEET AP Business Writer NEW YORK (AP) — Bank of America’s second quarter profits fell by 32% from a year ago, the latest bank to report a decline in profits after a strong 2021. The bank on Monday reported a profit of $6.2 billion, or 73 cents per share, compared to a profit

By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — As Russia kept up its relentless shelling across the country, Ukrainian President Volodymyr Zelenskyy expanded the shakeup of his security services on Monday by suspending 28 more officials, a day after he dismissed two senior officials over allegations that their agencies harbored “collaborators and traitors.” In

BAALBEK, Lebanon (AP) — Lebanon’s renowned Baalbek festival is back and is being held in front of a live audience for the first time since 2019. French pianist Simon Ghraichy performed in front of a full house on Sunday night in what organizers described as a night of hope for Lebanon’s revival.  The annual festival

By LIZ WESTON of NerdWallet Your mom had a dryer that lasted 30 years. Yours busted after five. Or maybe you’ve lost count of how many coffee makers, towel sets, microwaves and so forth that you’ve bought. There are a few proven ways to find products that have a reputation for durability, which can help

By TOM KRISHER AP Auto Writer NEW YORK (AP) — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader. To fulfill that pledge

By COSTAS KANTOURIS and DEREK GATOPOULOS Associated Press THESSALONIKI, Greece (AP) — Greece has filed an official complaint with Serbia after a cargo plane carrying mortar ammunition crashed while attempting an emergency landing in northern Greece. Eight crew members on the An-12 cargo plane that was operated by a Ukrainian company were killed in the

By BARBARA SURK and MASHA MACPHERSON Associated Press PARIS (AP) — France and the United Arab Emirates have signed an agreement on energy cooperation to ensure oil and gas supplies from the Gulf country. The deal announced by the French economy ministry Monday comes as Europe prepares for the possibility of a total cutoff of

By BOB EDME and JOHN LEICESTER Associated Press LA TESTE-DE-BUCH, France (AP) — A heat wave broiling Europe spilled northward Monday to Britain and fueled ferocious wildfires in Spain and France, which evacuated thousands of people and scrambled water-bombing planes and firefighters to battle flames in tinder-dry forests. Two people were killed in the blazes

By RAF CASERT Associated Press BRUSSELS (AP) — European Union foreign ministers have promised another 500 millions euros in military aid to Ukraine’s war chest. The aid decision came after a video debriefing on the latest developments  by Ukrainian Foreign Minister Dmytro Kuleba. He was “grateful” for the new funds but still urged the 27

By FRANCES D’EMILIO and THOMAS ADAMSON Associated Press ROME (AP) — European leaders have ramped up their push to secure alternative energy supplies as fears escalate of a complete natural gas cutoff by Russia. The leaders of Italy, France and the European Union are sealing deals with their counterparts in Algeria, Azerbaijan and the United

The Associated Press Netflix reports its second-quarter results Tuesday. The National Association of Realtors issues its June snapshot of U.S. home sales Wednesday. American Express delivers its latest quarterly results Friday.

By The Associated Press Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural gas and restart coal plants. A giant utility is asking for a taxpayer bailout,

By FRANK JORDANS and GEIR MOULSON Associated Press BERLIN (AP) — Officials from 40 countries met Monday in Berlin to discuss how to stay focused on fighting the increasing impacts of climate change while the world reels from the economic fallout of the pandemic and Russia’s invasion of Ukraine. The U.N. secretary general admonished countries

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s acting president has declared a state of emergency that gives him broad authority amid growing protests demanding his resignation two days before lawmakers choose a new president. Ranil Wickremesinghe became acting president on Friday after his predecessor, Gotabaya Rajapaksa, fled abroad and resigned

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly lower Tuesday, as investors weighed oil prices, inflation worries and corporate earnings. Tokyo’s benchmark was higher but other major indexes declined in morning trading after an early rally evaporated on Wall Street. “The news paints a deteriorating picture for the outlook of

By ELAINE KURTENBACH and ZEN SOO AP Business Writers BANGKOK (AP) — Cybersecurity researchers reported details Monday of cases where Thai activists involved in the country’s pro-democracy protests had their cell phones or other devices infected and attacked with government-sponsored spyware. Investigators of the internet watchdog groups Citizen Lab, Thailand’s Internet Law Reform Dialogue, or

LOS ANGELES (AP) — Officials say millions of dollars worth of gems and jewelry were stolen from an armored truck last week in Southern California. Brink’s says one of its trucks was robbed in the early morning on July 11 near Los Angeles. The director of the traveling International Gem and Jewelry Show says the

HONG KONG (AP) — Action-packed police thriller “Raging Fire” won best film and three other awards at the Hong Kong Film Awards Sunday, beating out a crowd favorite film about late Cantopop singer Anita Mui. The awards took place Sunday, after it was postponed thrice from April following the city’s biggest COVID-19 outbreak. It was

By MATT O’BRIEN AP Technology Writer The tech industry’s latest artificial intelligence constructs can be pretty convincing if you ask them what it feels like to be a sentient computer, or maybe just a dinosaur or squirrel. But they’re not so good — and sometimes dangerously bad — at handling other seemingly straightforward tasks. Take,

SPRINGFIELD, Mo. (AP) — A Missouri man says in a class-action lawsuit against Bass Pro that the outdoor outfitter is refusing to honor its lifetime warranty on its socks. Kent Slaughter of Springfield said that after years of exchanging his “Redhead Lifetime Guarantee All-Purpose Wool Socks” every time they wore out, the Springfield-based company changed

By JAKE COYLE AP Film Writer NEW YORK (AP) — The Marvel sequel “Thor: Love & Thunder” dropped a hefty 68% in its second weekend of release but still held the top spot at the box office, according to studio estimates Sunday, while the bestseller adaptation “Where the Crawdads Sing” debuted with a better-than-expected $17

ROME (AP) — Several hundred flights were canceled in Italy on a peak vacation travel day because of a four-hour strikes involving low-cost airlines and air traffic controllers. A union official said about 500 flights were scrapped Sunday when pilots, cabin and ground crew walked off the job to press for better pay and working

By FRANCES D’EMILIO Associated Press ROME (AP) — Pleas were piling up Sunday in Italy aimed at persuading Premier Mario Draghi to stay in office instead of resigning as he tried to do last week after being let down by a populist coalition partner. Hundreds of mayors have signed an open letter. Union leaders and

By COSTAS KANTOURIS, DEMETRIS NELLAS and JOVANA GEC Associated Press PALAIOCHORI, Greece (AP) — Experts investigated a cargo plane crash in northern Greece on Sunday, finding no evidence of dangerous substances but saying there’s a lot of ordnance that the plane was carrying spread around the crash site. Serbia’s defense minister confirmed that all eight

By ANDREA RODRÍGUEZ Associated Press HAVANA (AP) — Dany Pérez had spent four days in a line of vehicles waiting to fill his truck with diesel he needs for the 900-kilometers (560-mile) trip from Havana to his home in eastern Cuba. Taxi driver Jhojan Rodríguez had been waiting at another station even longer — it

By MARK GILLISPIE Associated Press A judge in Tennessee has temporarily barred two federal agencies from enforcing directives issued by President Joe Biden’s administration that extended protections for LGBTQ people in schools and workplaces. U.S. District Judge Charles Atchley Jr. in an order on Friday ruled for the 20 state attorneys general who sued last

By MATTHEW DALY Associated Press WASHINGTON (AP) — President Joe Biden is promising “strong executive action” to combat climate change, despite dual setbacks in recent weeks that have restricted his ability to regulate carbon emissions and boost clean energy such as wind and solar power. The Supreme Court last month limited how the nation’s main

By ZEN SOO Associated Press HONG KONG (AP) — The Chinese gambling enclave of Macao has extended its lockdown by five days as it grapples with the biggest outbreak of the coronavirus in over two years. Authorities say industries and commercial companies will remain closed until July 23. As part of the lockdown, authorities have

By CARA ANNA Associated Press KRAMATORSK, Ukraine (AP) — Russian forces fired missiles and shells at cities and towns across Ukraine on Saturday after Russia’s military announced it was stepping up its onslaught against its neighbor. Ukraine reported at least 17 more civilians killed. Russian Defense Minister Sergei Shoigu gave “instructions to further intensify the

By KRISHAN FRANCIS and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankan lawmakers met Saturday to begin choosing a new leader to serve the rest of the term abandoned by the president who fled abroad and resigned after mass protests over the country’s economic collapse. A day earlier, Sri Lanka’s prime minister

DALLAS (AP) — A former Southwest Airlines flight attendant has won a $5.1 million verdict against the airline and the union for its flight attendants. Charlene Carter alleged that Southwest unlawfully fired her in 2017 at the union’s urging over anti-abortion messages she sent to the union president. A jury in federal district court in

RALEIGH, N.C. (AP) — A journalist has settled a lawsuit arguing she was treated unfairly when she lost her job at a North Carolina newspaper amid a plagiarism investigation. Former News & Observer reporter Anne Blythe reached a settlement with the paper’s former top editor, according to a statement Thursday from Blythe’s lawyer. Terms were

The Associated Press Stocks closed higher on Wall Street Friday following some encouraging economic data on consumer sentiment and inflation expectations. The gains weren’t enough to pull major indexes out of the red for the week, however, following worrisome reports on high prices facing consumers and businesses. The S&P 500, the Dow Jones Industrial Average

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Pinterest, Citigroup rise;  Innovative Industrial Properties falls.

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — President Joe Biden on Friday blocked a freight railroad strike for at least 60 days by naming a board of arbitrators to intervene in the contract dispute, averting action that could have disrupted all kinds of shipments. The widely expected move will keep 115,000 rail

The Associated Press Benchmark U.S. crude oil for August delivery fell $1.81 to $97.59 a barrel Friday. Brent crude for September delivery rose $2.06 to $101.16 a barrel. Wholesale gasoline for August delivery rose 2 cents to $3.21 a gallon. August heating oil rose 5 cents to $3.70 a gallon. August natural gas rose 42

By MARK PRATT Associated Press The company that makes some of the world’s most iconic board games including Scrabble, Monopoly, and Clue is developing a new one based on Wordle, the obsessively popular digital word-guessing game. Hasbro Inc. and The New York Times — which purchased Wordle earlier this year — announced Thursday that Wordle:

By STEPHEN McGRATH and CRISTIAN JARDAN Associated Press SIGHISOARA, Romania (AP) — Moldova received about 600 million euros in pledges at a donors conference to help the tiny country overcome rising inflation and the impact of Russia’s war in Ukraine. More than 500,000 refugees have fled to Moldova which borders Ukraine since the Russian invasion

By EETTA PRINCE-GIBSON Religion News Service JERUSALEM (RNS) — Shmuli looks outside the windows of his cellular phone store fearfully. He pulls at his long beard and swaying sidelocks. “Please don’t take my picture,” he begs. “Don’t talk loud.” His tone becomes menacing. “Go away. Just leave. Now.” Shmuli (not his real name) has reason

By DANICA KIRKA Associated Press LONDON (AP) — British authorities issued their first ever “red” warning for extreme heat early next week, declaring a national emergency as forecasters predict record temperatures that will put even healthy people at risk of serious illness and death. The warning covers Monday and Tuesday, when temperatures in England may

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russian President Vladimir Putin has reshuffled his top officials, naming a new head of the state space corporation and giving broad new powers to one of his top ministers. Putin on Friday removed Dmitry Rogozin as head of the state-controlled Roscosmos space agency that oversees rocket factories,

By JANIE HAR Associated Press DALY CITY, Calif. (AP) — San Francisco Bay Area high school teacher Lisa Raskin moved out of a cramped apartment she was sharing with a roommate and into her own place this month, paying a deeply discounted $1,500 a month for a one-bedroom with expansive views within walking distance to

HUNTINGTON, W.Va. (AP) — Officials in a West Virginia county plan to appeal a federal judge’s ruling in favor of three major U.S. drug distributors in a landmark lawsuit that accused them of causing a health crisis by distributing 81 million pills over eight years. The Herald-Dispatch reports the Cabell County Commission voted unanimously Thursday

BERLIN (AP) — Dock workers at Germany’s North Sea ports are on strike in the latest of several walkouts that have added to pressures on shipping as their union demands a hefty pay rise to counter high inflation. The 48-hour strike, ends on Saturday morning, has largely paralyzed cargo handling at major German ports including

By ANNE D’INNOCENZIO and CHRISTOPHER RUGABER AP Business Writers NEW YORK (AP) — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession. U.S. retail sales rose

By TOM MURPHY AP Health Writer UnitedHealth Group hiked its 2022 forecast Friday after riding both growing health insurance enrollment and its newer care-providing businesses to a better-than-expected second quarter. The health care giant said a nearly 9% surge in Medicare Advantage customers pushed its total enrollment past 51 million people. UnitedHealth Group runs UnitedHealthcare,

By VESELIN TOSHKOV Associated Press SOFIA, Bulgaria (AP) — Bulgaria’s president has launched talks with all political parties represented in parliament to see if there’s still a chance to form a government and avoid another early election. President Rumen Radev is trying to prevent Bulgaria from sliding into new political turmoil after the two main

By RAF CASERT and JUSTIN SPIKE Associated Press BRUSSELS (AP) — The European Union’s executive has intensified its legal standoff with Hungary by taking Budapest to the EU’s highest court over a restrictive law on LGBT issues and media freedom. The EU had already tried for a year to make Hungary change a law that

By MATT OTT AP Business Writer Wells Fargo, the nation’s largest mortgage lender, saw its second-quarter revenue and profit decline as rising interest rates pushed people out of the housing market. The San Francisco bank earned $3.1 billion in the period, or 74 cents per share, coming up short of the 80 cents per share

By NICOLE WINFIELD Associated Press ROME (AP) — Italy is entering five days of political and financial uncertainty after the 5-Star Movement sparked a government crisis by withholding support on a government-sponsored bill. On the immediate horizon are behind-the-scenes consultations to see if Italian Premier Mario Draghi could be persuaded to try to find a

By HANNA ARHIROVA Associated Press VINNYTSIA, Ukraine (AP) — Cruise missiles fired by Russian strategic bombers struck a southeastern Ukrainian city late Friday, killing at least three people and wounding 15, as air raid sirens went off across the country, officials said. The attack on Dnipro came a day after a Russian missile strike killed

By AARON MORRISON Associated Press BUFFALO, N.Y. (AP) — Store associates are handing single carnations to customers as they enter the newly reopening Tops Friendly Market where 10 Black people were slain by a white gunman. Some also received gift cards Friday as the grocery store in Buffalo, New York, opened its doors. The store

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S. Toyota Chief Executive Akio Toyoda said the company was aiming for 200,000 vehicles in annual global sales in 40 nations. The Crown’s history parallels

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street capped a week of losses with a broad rally for stocks Friday, as investors welcomed solid earnings from big companies and an encouraging report on consumer sentiment and inflation expectations. A July survey from the University of Michigan showed that inflation expectations have

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Top financial officials from the Group of 20 leading rich and developing nations are meeting on the Indonesian island of Bali seeking strategies to counter the repercussions from the war in Ukraine, inflation and other global crises. Indonesian Finance Minister Sri Mulyani Indrawati began the two-day

By DANIEL POLITI and DEBORA REY Associated Press BUENOS AIRES, Argentina (AP) — Business leaders across Argentina are scrambling to deal with a fresh rash of import restrictions that many say are the most stringent in recent history as the government tries to shore up diminishing Central Bank reserves. Some warn that the situation could

By KRUTIKA PATHI, KRISHAN FRANCIS and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister was sworn in Friday as interim president until Parliament elects a successor to Gotabaya Rajapaksa, who fled abroad and resigned after mass protests over the country’s economic collapse. Lawmakers were to convene Saturday to begin choosing

By MORGAN LEE Associated Press SANTA FE, N.M. (AP) — New Mexico’s governor says direct spending by production companies on films, TV series and other media has never been higher in the state, topping $855 million in fiscal year 2022. Gov. Michelle Lujan Grisham released the numbers Thursday. New Mexico’s unique landscapes have attracted projects

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — A bill in the California Legislature to make social media companies liable for addicting children has changed. A previous version of the bill would have let parents sue social media companies for knowingly using products that harmed children. A revised version would only let prosecutors file

By RANDALL CHASE AP Business Writer DOVER, Del. (AP) — Twitter Inc.’s lawsuit to force billionaire Elon Musk to make good on his promise to buy the social media giant will be resolved in a small but powerful Delaware court that specializes in high-stakes business disputes. Twitter is seeking an order of “specific performance” directing

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — Federal and Louisiana agencies say the owner of a closed fertilizer plant near Baton Rouge has agreed to clean up more than a billion pounds of hazardous waste and to pay a $1.5 million fine. Canadian owner Nutrien says the agreements document its commitment the water

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve’s inspector general concluded Thursday that financial trades made several years ago by Chair Jerome Powell and Richard Clarida, then the vice chair, did not violate any laws or ethics rules. At the same time, the letter said the investigation of the presidents of

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Conagra, APA fall; Taiwan Semiconductor, First Republic rise.

Associated Press BILLINGS, Mont. (AP) — U.S. officials on Thursday solicited outside help as they craft definitions of old growth and mature forests under an executive order from President Joe Biden. The U.S. Forest Service and Bureau of Land Management issued a notice seeking public input for a “universal definition framework” to identify older forests

The Associated Press Benchmark U.S. crude oil for August delivery fell 52 cents to $95.78. a barrel Thursday. Brent crude for September delivery fell 47 cents to $99.10 a barrel. Wholesale gasoline for August delivery fell 4 cents to $3.19 a gallon. August heating oil fell 2 cents to $3.65 a gallon. August natural gas

By MUNIR AHMED Associated Press ISLAMABAD (AP) — The International Monetary Fund says it has reached a preliminary agreement on a $6 billion bailout package for Pakistan. Thursday’s announcement sets the stage for the revival of the 2019 accord with the IMF for this majority Muslim nation. Pakistan has been facing a serious economic crisis

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s Berkshire Hathaway now controls nearly 20% of Occidental Petroleum’s stock after picking up another $250 million worth of shares of the oil producer this week. Berkshire has been investing heavily in Occidental this year, including buying more than $1.2 billion of the Houston-based

By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — U.S. prosecutors suspect a Wyoming company of potentially concealing problems with a pipeline that broke in 2015 and spilled more than 50,000 gallons (240,000 liters) of crude into Montana’s Yellowstone River, fouling a small city’s drinking water supply, court filings show. The government is suing Bridger

By MARIA GRAZIA MURRU and HANNA ARHIROVA Associated Press VINNYTSIA, Ukraine (AP) — Russian missiles struck a city in central Ukraine on Thursday, killing at least 23 people and wounding more than 100 others far from the front lines, Ukrainian authorities said. Ukraine’s president accused Russia of deliberately targeting civilians in locations without military value.

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Christopher Waller, a member of the Federal Reserve’s Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point increase in the Fed’s key short-term interest rate later this month if upcoming economic data points to robust consumer spending. Such

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — President Joe Biden is widely expected to name a board of arbitrators to intervene in a freight railroad contract dispute before Monday’s deadline, and that will prevent 115,000 workers from going on strike for at least 60 days. Any strike or lockout could snarl the

LONDON (AP) — Train drivers at eight British rail companies will go on strike later this month in the second large-scale industrial action set to affect commuters in July. The Aslef train drivers’ union said Thursday members will walk out for 24 hours on July 30 over pay disputes. The disruptions are expected to affect

By PREDRAG MILIC Associated Press PODGORICA, Montenegro (AP) — Senior European Union officials have praised small Montenegro for siding with the bloc’s sanctions against Russia over the invasion of Ukraine and urged the small Balkan nation to press on with reform needed to advance toward EU membership. The EU’s foreign policy chief Josep Borrell and

By ALAN SUDERMAN Associated Press A new cybersecurity panel created by President Joe Biden says a computer vulnerability discovered last year in a ubiquitous piece of software is an “endemic” problem that will pose security risks for potentially a decade or more. The Cyber Safety Review Board said in a new report Thursday that while