AP National Business

By BRIAN MELLEY, MATTHEW BROWN and STEFANIE DAZIO Associated Press HUNTINGTON BEACH, Calif. (AP) — The pipeline that leaked tens of thousands of gallons of oil into the water off Southern California was split open and apparently dragged more than 100 feet along the ocean floor, possibly by a ship’s anchor. That’s according to authorities

PIERRE, S.D. (AP) — South Dakota’s reputation as a destination for the wealthy to store billions of dollars in trust funds has long had the blessing of the state Legislature. The state’s roll was revealed in detail this week by a massive document trove called the “Pandora Papers.” The International Consortium of Investigative Journalists report

By MARCY GORDON and BARBARA ORTUTAY AP Business Writers WASHINGTON (AP) — While accusing the giant social network of pursuing profits over safety, a former Facebook data scientist told Congress she believes stricter government oversight could alleviate the dangers the company poses, from harming children to inciting political violence to fueling misinformation. Frances Haugen, testifying

By BARBARA ORTUTAY and DAVID KLEPPER Associated Press A former Facebook data scientist testified before Congress that the social network’s products harm children and fuel polarization in the U.S. while executives reject changes that could hurt company profits. Speaking before the Senate Commerce Subcommittee on Consumer Protection, Frances Haugen accused her former company of knowing

By DAVID BAUDER AP Media Writer NEW YORK (AP) — Tom Brady wins in the television ratings, too. The Tampa Bay quarterback’s return to his old haunts in New England led NBC’s “Sunday Night Football” to its best ratings in years. The Nielsen company said the game was watched by 26.7 million people on NBC,

By DON BABWIN Associated Press CHICAGO (AP) — Federal officials are recommending that Tootsie Roll Industries pay more than $136,000 in fines after a machine cut off part of an employee’s finger at its Chicago plant this year. The U.S. Department of Labor said in a news release Tuesday that its Occupational Safety and Health

By BRIAN MELLEY, MATTHEW BROWN and STEFANIE DAZIO Associated Press HUNTINGTON BEACH, Calif. (AP) — Authorities say the pipeline that leaked tens of thousands of gallons oil into the water off Southern California was split open and apparently dragged along the ocean floor. Coast Guard Capt. Rebecca Ore said Tuesday that divers determined about 4,000

By JEFFREY COLLINS Associated Press COLUMBIA, S.C. (AP) — An executive who lied to regulators about two South Carolina nuclear plants that never generated a watt of power is ready to go to prison. Former SCANA Corp. CEO Kevin Marsh has agreed with prosecutors that he should spend two years in prison. He goes before

The Associated Press Wall Street closed mostly lower on Tuesday, a day after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy. The S&P 500 slipped after another day of unsteady trading. Investors are bracing to see how big of an

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Lululemon, Moderna rise; Comtech, Newmont fall.

By BRIAN MELLEY, MATTHEW BROWN and STEFANIE DAZIO Associated Press HUNTINGTON BEACH, Calif. (AP) — The Coast Guard says it did not investigate initial reports of an oil spill for nearly 12 hours because it didn’t have enough corroborating evidence and were hindered by darkness and a lack of technology. Rear Admiral Brian Penoyer told

By MARK THIESSEN and BECKY BOHRER Associated Press TANACROSS, Alaska (AP) — Alaska is experiencing one of the nation’s sharpest upticks in COVID-19 infections, and it’s worsened by a limited health care system that largely relies on hospitals in its biggest city. Many of the state’s hospitals are overwhelmed with patients, including in Anchorage. And

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed with solid gains on Wall Street Tuesday, erasing most of the previous day’s losses. The S&P 500 rose 1.1%, with technology companies and banks leading the gains. The Dow Jones Industrial Average rose 0.9% and the Nasdaq rose 1.3%. The yield on the

By COREY WILLIAMS Associated Press WEST BLOOMFIELD, Mich. (AP) — A suburban Detroit crematorium owner who has already lost his mortuary science and mortuary science establishment licenses has been charged with improper disposal of bodies. Michigan’s Attorney General’s office said Tuesday that O’Neil Swanson was arraigned Monday. A cease and desist order was issued in

By ALEX DANIELS of The Chronicle of Philanthropy Chronicle of Philanthropy A fund created by a group of social-justice-minded foundations including Ford and Rockefeller and donors like Jack Dorsey and MacKenzie Scott shortly after COVID hit has more than quadrupled in size to $51 million and is now pouring money into activities and advocacy to

SANTA FE, N.M. (AP) — In a story published October 5, 2021, about Gov. Michelle Lujan Grisham’s speech about hydrogen to oil and gas executives, The Associated Press erroneously described the production of “blue” hydrogen. The process applies heat and steam to methane in natural gas to create hydrogen that a study found generates 20%

By MICHAEL RUBINKAM Associated Press Pennsylvania’s attorney general has filed criminal charges against the developer of a pipeline that takes natural gas liquids from the Marcellus Shale gas field to an export terminal near Philadelphia. Attorney General Josh Shapiro announced the charges Tuesday at a news conference at Marsh Creek State Park in Downingtown. That’s

PHILADELPHIA (AP) — Opening statements are underway Tuesday in the corruption trial of a powerful Philadelphia labor leader and a city official he allegedly kept on the union payroll. Federal prosecutors say Johnny “Doc” Dougherty had a “corrupt agreement” that kept City Council member Bobby Henon in a $70,000-a-year, no-work job so he could do

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks rose broadly on Wall Street Tuesday as the technology sector reversed direction after a sell-off a day earlier. The S&P 500 rose 1.3%, with technology companies and banks leading the gains. The Dow Jones Industrial Average rose 1.2% and the Nasdaq rose 1.5%. The

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russian President Vladimir Putin says that “the hysteria” engulfing European energy markets recently has been driven by insufficient investment in energy industries. He argues that the world needs a smoother transition to green energy technologies. Speaking Tuesday during a Cabinet meeting, Putin claimed that soaring natural gas