AP National Business

BEIJING (AP) — Chinese regulators will exercise greater control over the algorithms used by Chinese technology firms to personalize and recommend content, the latest move in a regulation spree across the internet sector. China’s internet watchdog, the Cyberspace Administration of China, on Friday released a draft proposal of “algorithm recommendation management regulations” aimed at managing

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street rallied to records on Friday after the head of the Federal Reserve said it’s still far from pulling interest rates off the record low that’s helped markets soar, even if it does begin dialing back its support for the economy later this year.

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — By early next week, New Zealanders should know if their government’s strict new lockdown is working to stamp out its first coronavirus outbreak in six months. A successful effort could again make the nation’s virus response the envy of the world. A failure could expose

By ASTRID GALVAN and MIKE SCHNEIDER Associated Press SOMERTON, Ariz. (AP) — It’s a Thursday evening in Somerton, Arizona, and parents and students packed inside a middle school gym are roaring for the school’s wrestling team at decibels that test the eardrum. The young wrestlers are seventh and eighth graders who will be among the

SOUTH LAKE TAHOE, Calif. (AP) — Firefighters battling a stubborn California wildfire Friday near the Lake Tahoe resort region faced gusty winds and dry conditions that made vegetation ready to burn. The Caldor Fire has proved so difficult to fight that fire managers this week pushed back the projected date for full containment from early

By MICHAEL LIEDTKE AP Technology Writer BERKELEY, Calif. (AP) — Apple has agreed to let developers of iPhone apps email their users about cheaper ways to pay for digital subscriptions and media by circumventing a commission system that generates billions of dollars annually for the iPhone maker. The concession announced late Thursday, which covers emailed

BOSTON (AP) — Federal investigators have arrested three individuals on charges of conspiring to deceive banks into allegedly processing more than $150 million in credit and debit card payments on behalf of merchants involved in prohibited and high-risk businesses. A fourth individual remains at large. Three were executives at Allied Wallet, Inc., a payment processing

HAVANA (AP) — Cuba’s government said Thursday it will recognize — and regulate — cryptocurrencies for payments on the island. A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba. The popularity of such currencies has grown

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Southwest Airlines will reduce flights for the rest of the year as it tries to restore an operation that stumbled over the summer and now faces lower demand because of the rise in coronavirus cases. Southwest said Thursday it will cut its September schedule by 27

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Ask anyone old enough to remember travel before Sept. 11, 2001, and you’re likely to get a gauzy recollection of what flying was like. There was security screening, but it wasn’t intrusive. There were no long checkpoint lines. Passengers and their families could walk right to

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — California lawmakers will wait until next year to consider decriminalizing psychedelics, with the bill’s author saying Thursday that he will keep working to persuade the public and legislators that it’s a good idea. The bill would allow those 21 and older to possess for personal use

NEW YORK (AP) — Peloton’s shares skidded in aftermarket trading Thursday after the exercise bike and treadmill company posted a loss for its most-recent quarter, showed slower revenue growth, and cut the price of its most-popular product. Peloton Interactive Inc. reported a net loss of $313.2 million in the quarter that ended June 30. That

By OLGA R. RODRIGUEZ Associated Press SAN FRANCISCO (AP) — Al Capone is infamous for having been a ruthless mob boss, but one of his granddaughters says his softer side will shine through when the family auctions the Prohibition-era gangster’s personal items — including diamond-encrusted jewelry with his initials, family photographs and his favorite handgun.

DANVILLE, Va. (AP) — Officials say Arkansas-based Tyson Foods will invest $300 million to establish a manufacturing facility in Virginia’s Pittsylvania County that is expected to create 376 new jobs. Virginia Gov. Ralph Northam announced the project Thursday. Officials say the plant will be developed at an an industrial park jointly owned by the county

The Associated Press Stocks that traded heavily or had substantial price changes Thursday: Salesforce, Williams-Sonoma rise; Dollar Tree, Smucker fall

The Associated Press Wall Street indexes closed lower Thursday following suicide attacks at the Kabul airport in Afghanistan that killed at least 12 U.S. service members and scores of Afghans. The S&P 500 lost 0.6%, a day after setting its latest record high. Despite the pullback, market indicators that traditionally signal worry on Wall Street

By LISA RATHKE Associated Press Nearly 90 organic dairy farms in the Northeast, including 28 in Vermont, will lose their contracts with an organic dairy company when it stops buying milk in the region by the end of August of next year, Vermont’s agriculture secretary said Thursday. Danone, parent company of Horizon Organic, notified farmers

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

By MIKE FULLER Associated Press LONDON (AP) — French President Emmanuel Macron has held talks with top Irish officials in Dublin, focusing on a major overhaul of taxes on the world’s biggest multinational companies. During Thursday’s one-day state visit — his first to Ireland — Macron met with President Michael Higgins and Taoiseach Michael Martin.