AP National Business

By DAVID KOENIG AP Airlines Writer Delta Air Lines has reported a $363 million loss for the first quarter because of much higher spending on labor and fuel. That’s overshadowing a sharp rise in revenue. Delta said Thursday the second quarter will be better — it’s predicting a larger-than-expected profit in the April-through-June period, which

By ZEKE MILLER, AMANDA SEITZ and MICHAEL BALSAMO Associated Press WASHINGTON (AP) — President Joe Biden is set to announce that his administration is expanding eligibility for Medicaid and the Affordable Care Act’s health insurance exchanges to hundreds of thousands of immigrants who were brought to the U.S. illegally as children. That’s according to two

TORONTO — Corus: Fiscal Q2 Earnings Snapshot

By JOE McDONALD AP Business Writer BEIJING (AP) — Global stocks were mostly higher Thursday after U.S. inflation eased and Federal Reserve officials said they expect fewer interest rate hikes this year to slow economic activity. Tokyo, Hong Kong and Paris rose while Shanghai declined. London and Frankfurt opened little-changed. Oil prices edged lower. Wall

BANGKOK (AP) — Hordes of revelers tote colorful water guns as Thailand kicks off its exuberant three-day Songkran festival at full blast for the first time since 2019, hoping for a significant boost in tourism after the industry was devastated by coronavirus travel restrictions. The New Year celebration’s signature water fighting is a major draw

By ADRIANA MORGA Associated Press NEW YORK (AP) — The deadline to file your taxes is Tuesday, which is just around the corner. Filing U.S. tax returns — especially for the first time — can seem like a daunting task, but there are steps you can take to make it less stressful. Whether you do

By ZEKE MILLER AP White House Correspondent WASHINGTON (AP) — The Biden administration is closing out a three-week push to highlight the benefits of infrastructure investments in local communities by awarding nearly $300 million to help repair or replace more than a dozen bridges. Events in several states Thursday will mark the end of the

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets declined Thursday after the Federal Reserve said its economists expect a “mild recession” this year. Shanghai, Hong Kong, Seoul and Sydney retreated. Tokyo advanced. Oil prices fell. Wall Street closed lower Wednesday after notes from the central bank’s latest meeting said its economists

By SYLVIE CORBET Associated Press PARIS (AP) — French protesters are bracing for an expected ruling Friday by a top constitutional body that they hope will derail President Emmanuel Macron’s unpopular pension reform plan. If the Constitutional Council greenlights the reform, the bill raising the retirement age from 62 to 64 can enter into force.

BEIJING (AP) — Brazilian President Luiz Inácio Lula da Silva was in the Chinese financial hub of Shanghai on Thursday as he looks to boost ties and win political support for attempts to mediate the conflict in Ukraine. Lula arrived late Wednesday and is due to meet with his Chinese counterpart Xi Jinping in Beijing

By JOE McDONALD AP Business Writer BEIJING (AP) — China’s exports rebounded unexpectedly to growth in March despite a decline in U.S. and European demand following interest rate hikes to cool inflation. Customs data showed exports rose 14.8% over a year earlier to $315.6 billion, recovering from a 6.8% contraction in January and February. Imports

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Thursday after the Federal Reserve said its economists expect a “mild recession” this year. Shanghai and Hong Kong declined while Tokyo and Seoul advanced. Oil prices edged lower. Wall Street closed lower Wednesday after the U.S. government reported inflation still is

By ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Arkansas on Wednesday became the second state to restrict social media use by children, as Gov. Sarah Huckabee Sanders approved legislation requiring minors to get their parents’ permission to create a new account. The bill signed by the Republican governor requires social media companies to

ROME (AP) — ChatGPT could return to Italy soon if its maker, OpenAI, complies with measures to satisfy regulators who had imposed a temporary ban on the artificial intelligence software over privacy worries. The Italian data protection authority on Wednesday outlined a raft of requirements that OpenAI will have to satisfy by April 30 for

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The Biden administration is urging U.S. meat processors to make sure children aren’t being hired illegally to perform dangerous jobs at their plants. The call comes after an investigation over the past year found more than 100 kids working overnight for a company that cleans

By RANDALL CHASE Associated Press WILMINGTON, Del. (AP) — The judge presiding over a defamation case against Fox News admonished its attorneys Wednesday for potentially withholding evidence and said he is inclined to order an independent review by a special master that could lead to sanctions. The move by Delaware Superior Court Judge Eric Davis

By DAVID BAUDER AP Media Writer NEW YORK (AP) — For several months, Fox News treated Donald Trump like yesterday’s news. But now the former president has come roaring back at the popular network for conservative viewers, most notably since his indictment in New York on hush-money charges. The Trump revival was on display Tuesday

WATKINS, Colo. — Pure Cycle: Fiscal Q2 Earnings Snapshot

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Ukraine’s president is renewing his call to confiscate Russian Central Bank assets held around the world and use them to help rebuild Ukraine. Ukrainian President Volodymyr Zelenskyy made the appeal Wednesday to the heads of the International Monetary Fund and World Bank during a meeting in Washington.

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Turmoil in the banking system after two major banks collapsed led many Federal Reserve officials to envision fewer rate increases this year out of concern that banks will reduce their lending and weaken the economy. The heightened uncertainty surrounding the banking sector also helped Fed officials