AP National Business

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — The Asian Development Bank says China’s recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year. The ADB’s latest update forecasts an expansion of 4.8% in this year and the next, up from 4.2% in 2022. It said

By BECKY BOHRER Associated Press JUNEAU, Alaska (AP) — Opponents of a major oil project on Alaska’s petroleum-rich North Slope lost the first round of their legal battle over the Willow project but said they would not give up. A federal judge on Monday rejected requests by environmental groups and an Alaska Native organization to

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A group of CSX conductors will soon become the first train crew employees at one of the major freight railroads to have paid sick time. CSX said Monday that it had reached an agreement to give about 2,400 members of a union that represents some

By COLLEEN LONG and JOSH BOAK Associated Press FRIDLEY, Minn. (AP) — President Joe Biden ventured to suburban Minneapolis on Monday to talk about factory jobs and contrast his agenda with “the last guy” who had his job. The “last guy,” as Biden calls Donald Trump, was simultaneously touching down in New York to become

By BECKY BOHRER Associated Press JUNEAU, Alaska (AP) — Construction can proceed related to a major oil project on Alaska’s petroleum-rich North Slope. A federal judge on Monday rejected requests to halt work until challenges to the Biden administration’s recent approval are resolved. The decision means ConocoPhillips Alaska can forge ahead with cold-weather construction work,

By TOM KRISHER AP Auto Writer DETROIT (AP) — U.S. new-vehicle sales rose 7.5% in the first quarter. The increase came as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane. But the average auto-loan rate hit 7% during the quarter, leaving open the question of

DUBAI, United Arab Emirates (AP) — A court in Dubai has rejected the appeal of a British financier fighting extradition to Denmark, where he is accused of orchestrating a $1.7 billion tax fraud. Hedge fund trader Sanjay Shah is accused of masterminding a scheme that ran from 2012 to 2015 in which foreign businesses pretended

By MATT O’BRIEN AP Technology Writer Elon Musk had promised to take away all of Twitter’s blue check marks doled out to Hollywood stars, professional athletes, business leaders, authors and journalists unless they start buying a monthly subscription to the social media service. Musk’s goal was to shove the advertising-dependent platform he bought for $44

SAO PAULO SP, Brazil — Gerdau: Q4 Earnings Snapshot

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Prosecutors are asking a judge to reject bail for a wealthy self-exiled Chinese businessman charged in a $1 billion fraud, saying he’s already breaking jail rules, and can flee or do harm even if freed on the most stringent bail conditions. The government has submitted a

By COLLEEN LONG and JOSH BOAK Associated Press FRIDLEY, Minn. (AP) — President Joe Biden ventured to suburban Minneapolis on Monday to talk about factory jobs and contrast his agenda with “the last guy” who had his job. The “last guy,” as Biden calls Donald Trump, was simultaneously touching down in New York to become

BOCA RATON, Fla. — Greenlane: Q4 Earnings Snapshot

By JAKE COYLE AP Film Writer NEW YORK (AP) — While Ben Affleck and Matt Damon were writing “The Last Duel,” their first screenplay together since their 1997 breakthrough, “Good Will Hunting,” they noticed that something in their winding and usually separate careers had been missing. “I remember my wife said to me one day:

By STAN CHOE AP Business Writer NEW YORK (AP) — Stock markets around the world were mixed Monday, as a jump in oil prices threatens to add upward pressure on inflation. The S&P 500 gained 15.20 points, or 0.4%, to 4,124.51, though more stocks in the index fell than rose. The Dow Jones Industrial Average

The Associated Press Stocks closed mixed on Wall Street Monday as big gains for energy stocks offset losses for some big technology stocks. The S&P 500 rose 0.4% and the Nasdaq lost 0.3% on the first day of the second quarter. Exxon Mobil had its biggest gain of the year so far and other oil

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Heska Corp., up $20.12 to $117.74. M&M’s maker Mars is buying the veterinary health company as it expands into that sector. Teck Resources Ltd., up $7.15 to $43.65. The mining company rejected a buyout offer from Glencore. Apellis Pharmaceuticals Inc., up

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A lawsuit says Union Pacific routinely hires private investigators to check out employees’ medical leave claims and then fires anyone who happens to leave their house while they are off. The lawyer who filed the Texas lawsuit says this practice is another example of how

By DEE-ANN DURBIN AP Business Writer McDonald’s has closed its U.S. offices through Wednesday and told its corporate staff to work remotely as it prepares to announce a round of layoffs. In a memo to workers posted on the website TheLayoff.com, the Chicago-based burger giant said it wanted to “ensure the comfort and confidentiality of

By STAN CHOE AP Business Writer NEW YORK (AP) — Stock markets around the world are mixed Monday, as a jump in oil prices threatens to add upward pressure on inflation. The S&P 500 was 0.3% higher in afternoon trading after drifting between small gains and losses through the day. The Dow Jones Industrial Average