AP National Business

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks dipped to close an up-and-down Wednesday on Wall Street following the latest update on inflation and the latest warning of a possible recession. The S&P 500 fell 16.99, or 0.4%, to 4,091.95 after drifting between small gains and losses through the day. The Dow

By MICHAEL LIEDTKE AP Technology Writer Warner Bros. Discovery unveiled a streaming service Wednesday combining iconic HBO programming such as “The Sopranos” with a mix of unscripted TV series in a push to reap more subscribers from what so far has been a muddled media merger. The $16-per-month service, called Max, will be released May

By MATTHEW DALY and TOM KRISHER Associated Press WASHINGTON (AP) — The Biden administration is proposing strict new automobile pollution limits that would require up to two-thirds of new vehicles sold in the U.S. to be electric by 2032. That’s a nearly tenfold increase over current electric vehicle sales. The proposed regulation was announced Wednesday

The Associated Press Stocks closed lower following the latest update on inflation and the latest warning of a possible recession. The S&P 500 lost 0.4% Wednesday after bouncing between small gains and losses earlier. The Nasdaq composite slid 0.9% and the Dow also fell. Minutes from the Fed’s last meeting revealed Wednesday that its staff

By RANDALL CHASE Associated Press WILMINGTON, Del. (AP) — The judge presiding over a defamation case against Fox News said Wednesday he likely will order an independent review to determine whether the network improperly withheld evidence, a step that could lead to sanctions. The move by Delaware Superior Court Judge Eric Davis came amid a

By CORA LEWIS Associated Press NEW YORK (AP) — Expecting a tax refund? It could be smaller than last year. And with inflation still high, that money won’t go as far as it did a year ago. The 90 million taxpayers who have filed as of March 31 got refunds that were an average of

By KAREN MATTHEWS Associated Press NEW YORK (AP) — Electronic cigarette-maker Juul Labs Inc. will pay $462 million to six states and the District of Columbia, marking the largest settlement the company has reached so far for its role in the youth vaping surge, the attorneys general in several states announced Wednesday. The agreement with

By STAN CHOE AP Business Writer NEW YOR (AP) — Stocks are edging higher Wednesday following the latest update to show inflation continues to cool. The S&P 500 was 0.2% higher in afternoon trading after bouncing between small gains and losses earlier. The Dow Jones Industrial Average rose 99 points, or 0.3%, at 33,785, as

By AAMER MADHANI Associated Press WASHINGTON (AP) — The United States and Britain have announced new sanctions aimed at Russian oligarch Alisher Usmanov and Roman Abramovich. The penalties target the financial networks of two of Moscow’s wealthiest businessmen who are close allies of Russian President Vladimir Putin. Usmanov has been subject to U.S. and European

By DAVID KOENIG AP Airlines Writer FORT WORTH, Texas (AP) — Shares of airlines have fallen after American issued a lackluster first-quarter outlook and said profit could be below Wall Street expectations. American said Wednesday that it expects to earn between a penny and 5 cents per share for the quarter that just ended. That

HARRISBURG, Pa. (AP) — The electronics subsidiary of German company Merck KGaA says it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania. The announcement Wednesday was attended by Gov. Josh Shapiro. EMD Electronics says it will create the world’s largest integrated specialty gases facility to serve the fast-growing semiconductor

By AMANDA SEITZ Associated Press WASHINGTON (AP) — The White House on Wednesday proposed a new federal rule to limit how law enforcement and state officials collect medical records if they investigate women who flee their home states to seek abortions elsewhere. The proposal, prompted by a string of blows to abortion across the country,

By MATT O’BRIEN AP Technology Writer National Public Radio is quitting Twitter after the social media platform owned by Elon Musk stamped NPR’s account with labels the news organization says are intended to undermine its credibility. Twitter labeled NPR’s main account last week as “state-affiliated media, ” a term also used to identify media outlets

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Billionaire Warren Buffett assured investors Wednesday that Berkshire Hathaway will be fine when he’s no longer around to lead the conglomerate. Buffett said shareholders shouldn’t worry about the future of the company after Vice Chairman Greg Abel takes over because he will do a great

By STAN CHOE AP Business Writer NEW YOR (AP) — Stocks are swaying lower Wednesday following the latest update to show inflation continues to cool. The S&P 500 was 0.2% lower in midday trading after an early gain faded. The Dow Jones Industrial Average was down 32 points, or 0.1%, at 33,691, as of 11:10

By STAN CHOE AP Business Writer NEW YOR (AP) — Stocks are ticking higher Wednesday, and Wall Street is relaxing a bit after a report showed inflation is cooling faster than expected. The S&P 500 was 0.2% higher in early trading. The Dow Jones Industrial Average was up 133 points, or 0.4%, at 33,818, as

By MONIKA SCISLOWSKA Associated Press WARSAW, Poland (AP) — Poland’s new agriculture minister has vowed to introduce quality controls on the massive inflow of grain from Ukraine and to ensure its efficient transport abroad. The move follows protests by angry Polish farmers, who say they face bankruptcy because of a glut of cheap Ukrainian grain.

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices. Yet prices are still rising fast enough to keep the Federal Reserve on track to raise interest rates at least

By AMANDA SEITZ Associated Press WASHINGTON (AP) — White House officials are warning that access to nearly any medication is in jeopardy after a federal judge in Texas ordered that a pill commonly used for abortions be pulled off the market. The officials say they’re consulting with lawmakers, doctors and pharmacies to fight the abortion

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. consumer inflation eased in March, with less expensive gas and lower food prices providing some relief to households that have struggled under the weight of surging prices for nearly two years. The government said Wednesday that consumer prices rose just 0.1% from February to March,