AP National Business

By ERIC TUCKER and FRANK BAJAK Associated Press WASHINGTON (AP) — Law enforcement agencies in the United States and Europe say they’ve taken down a major online marketplace for stolen login credentials. Authorities say it had offered cybercriminals access to millions of compromised accounts since its 2018 launch. Officials have seized 11 domain names tied

SAN FRANCISCO (AP) — Bob Lee, a technology executive who created Cash App and was currently chief product officer of MobileCoin, was fatally stabbed in San Francisco early Tuesday, according to the cryptocurrency platform and police. Officers responded to a report of a stabbing on Main Street at 2:35 a.m. Tuesday and found a 43-year-old

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Environmental Protection Agency is tightening rules that limit emissions of mercury and other harmful pollutants from coal-fired power plants. That’s an update to standards imposed more than a decade ago. The proposal would lower emissions of mercury and other toxic pollutants that can harm brain development

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Two trailblazing ride-hailing services are heading toward uncharted territory as they seek regulatory approval to transport passengers around the clock throughout one of the most densely populated U.S. cities in vehicles that will have no one sitting in the driver’s seat. If Cruise, a subsidiary

GENEVA (AP) — The Swiss government says it plans to impose an automobile import tax on electric cars, which so far have been exempted from the charge, starting next year. The governing Federal Council said Wednesday that the move was meant to counter a fall in income from the auto tax and is part of

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are dipping on Wall Street Wednesday, and Treasury yields are dropping following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates. The S&P 500 was 0.4% lower in afternoon trading, a day after it broke a

By MATTHEW LEE AP Diplomatic Writer BRUSSELS (AP) — U.S. Secretary of State Antony Blinken said Wednesday he has “no doubt” that Russia has wrongfully detained an American reporter for The Wall Street Journal who was arrested last week on spying allegations. However, Blinken said a formal determination of Evan Gershkovich’s wrongful detention has not

DETROIT (AP) — An electric Ram pickup truck with up to 500 mile (800 kilometers) of range per charge and a battery-powered people-hauling Kia SUV are among the new vehicles being introduced Wednesday at the New York International Auto Show. The two debuts in New York on Wednesday are among only nine automaker news conferences,

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are drifting on Wall Street Wednesday, and Treasury yields are falling following the latest signal that the U.S. job market is slowing under the weight of much higher interest rates. The S&P 500 was 0.1% lower in early trading, a day after it broke

By YURI KAGEYAMA and MATT OTT AP Business Writers Wall Street futures are mostly unchanged leading up to a series of economic reports and employment data that could influence the Federal Reserve’s monetary policies in its lengthening fight against inflation. Futures for the Dow Jones industrials and the S&P 500 fell less than 0.1% before

By JAMEY KEATEN and DAVID McHUGH Associated Press GENEVA (AP) — The head of UBS has voiced confidence that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse. Chairman Colm Kelleher pledged Wednesday that the deal will reduce costs, benefit shareholders and buttress Swiss finance despite “huge” risk in knitting

PORTLAND, Ore. — Schnitzer Steel: Fiscal Q2 Earnings Snapshot

By MICHELLE CHAPMAN AP Business Writer NEW YORK (AP) — FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled

DENVER — Simply Good Foods: Fiscal Q2 Earnings Snapshot

By SAM KEMMIS of NerdWallet President Biden derided “junk fees” during his State of the Union Address, calling out airline seat selection fees in particular. Politicians and travelers have been railing against these unexpected add-on fees — like upcharges for seat selection and resort fees — for years. They are rooted in internet comparison shopping,

By ALEX NISHIMOTO Edmunds We’re spoiled for choice in today’s electric vehicle market. Not only can you have an EV with a reasonable battery range and a practical layout, but it can look great and drive even better. Two perfect examples are the Ford Mustang Mach-E and Hyundai Ioniq 5. Which one is the better

BERLIN (AP) — German airline Lufthansa says it has agreed to sell the remainder of its catering business to European private equity group Aurelius for an undisclosed sum. Lufthansa said the sale of the rest of its LSG Group business, which follows the sale of European LSG Sky Chefs activities to Gategroup in 2019, is

LAS CRUCES, N.M. (AP) — Federal officials have announced the first $196 million of grants in a $1 billion program to repair and replace aging and sometimes leaking natural gas pipelines across the country. The Transportation Department on Wednesday announced that the city of Las Cruces, New Mexico, will get $10 million as the first

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were trading mixed Wednesday as Germany reported its factory orders surged in February, posting their third successive increase in another promising sign for Europe’s biggest economy. The German Economy Ministry said orders were up 4.8% compared with January, the biggest rise since mid-2021. That