AP National Business

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers A choppy day of trading on Wall Street ended with stocks mostly higher Monday, as battered banks showed more strength, at least for now. The S&P 500 eked out a 0.2% gain after having been up by as much as 0.8%. Banks and

By JIM SALTER Associated Press ST. LOUIS (AP) — A federal lawsuit accuses automakers Kia and Hyundai of failing to install industry-standard anti-theft technology, resulting in thousands of thefts of vehicles in St. Louis. The Missouri city filed the lawsuit Monday seeking damages in excess of $75,000 plus punitive damages. Several other cities that have

By STAN CHOE AP Business Writer NEW YORK (AP) — First Citizens Bank is buying much of Silicon Valley Bank, the tech-focused financial institution whose failure this month set off a chain reaction that helped rattle faith in banks around the world. The Federal Deposit Insurance Corp. and other regulators had already taken extraordinary steps

WYNDMERE, N.D. (AP) — A Canadian Pacific train derailed in rural North Dakota Sunday night and spilled hazardous materials. But local authorities and the railroad said there is no threat to public safety. There were no injuries or fire associated with the derailment, which occurred in a rural area outside Wyndmere. Several hundred people live

By AMANCAI BIRABEN Associated Press South Dakota’s House has failed to override Gov. Kristi Noem’s recent veto of a bill that would have created government regulations for the use of cryptocurrency in the state. A 37-30 vote Monday in the House sustained last week’s veto by Republican Gov. Kristi Noem. She has said adding regulations

The Associated Press BRUSSELS (AP) — Finland is set to join NATO on Tuesday, days after Turkey ratified the Nordic country’s membership and set it on track to become the 31st member of the world’s biggest military alliance. All NATO members must vote unanimously to admit a new country into the alliance. “This is an

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s top financial regulator pledged that the Federal Reserve and other agencies will take whatever steps they deem necessary to protect depositors and the banking system two weeks after two large bank collapses triggered financial turmoil in the United States and Europe. Regulators “are prepared

By MICHAEL LIEDTKE AP Technology Writer To use, or not to use, Bard? That is the Shakespearean question an Associated Press reporter sought to answer while testing out Google’s artificially intelligent chatbot. The recently rolled-out bot dubbed Bard is the internet search giant’s answer to the ChatGPT tool that Microsoft has been melding into its

By MICHELLE CHAPMAN AP Business Writer The Commodity Futures Trading Commission is suing Binance and its founder Changpeng Zhao, claiming numerous violations of the Commodity Exchange Act and CFTC regulations. Binance’s former chief compliance officer, Samuel Lim, was also charged with aiding and abetting Binance’s violations. In its complaint, the CFTC claimed that cryptocurrency exchange

By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — Chipotle Mexican Grill has agreed to pay $240,000 to former employees as part of a settlement stemming from a complaint that the company violated federal law by closing a restaurant where workers wanted to unionize. Chipotle announced it was permanently closing its Augusta, Maine, location last

By MATT O’BRIEN AP Technology Writer William Shatner, Monica Lewinsky and other prolific Twitter commentators — some household names, others little-known journalists — could soon be losing the blue check marks that helped verify their identity on the social media platform. They could get the marks back by paying up to $11 a month. But

BERLIN (AP) — Two police officers were injured in scuffles that broke out when protesters tried to break through a police cordon during a demonstration against a meeting of oil and gas companies in Vienna. Police detained 143 people and resorted to using pepper spray to break up Monday’s demonstration. Public broadcaster ORF reported that

By SIAN WATSON Associated Press The origin story of the iconic computer game “Tetris” is more thrilling than you may think. It involves border crossing, authority dodging, underhand deals, putting your house on the line and — finally — trying to secure the rights for the game from behind the Iron Curtain. And now it’s

NEW YORK (AP) — The  philanthropist, sports franchise executive and co-founder of Black Entertainment Television Sheila Johnson is writing a memoir. “Walk Through Fire” will document her rise from a middle class family in Illinois to becoming a pioneering Black woman billionaire, and how she endured her troubled marriage to fellow BET founder Robert L.

By NOMAAN MERCHANT Associated Press WASHINGTON (AP) — The U.S. government will restrict its use of commercial spyware tools that have been used to surveil human rights activists, journalists and dissidents around the world. President Joe Biden’s order responds to growing U.S. and global concerns about programs that can capture text messages and other cellphone

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks are mostly rising on Wall Street Monday as battered banks show more strength, at least for now. The S&P 500 was 0.6% higher as of 2:53 p.m. Eastern time, on pace for its third straight gain. The Dow Jones Industrial Average rose

WARSAW, Poland (AP) — Officials from Poland and the European Union have discussed artillery munitions manufacturing as part of a new, 2 billion euro ($2.2 billion) program to supply Ukraine in its war against invading Russian forces and to replenish Europe’s dwindling stocks. EU commissioner for internal market, Thierry Breton, was visiting a munition plant

By JILL LAWLESS Associated Press LONDON (AP) — Scotland’s governing party elected Humza Yousaf as its new leader on Monday, making him the first person of color and the first Muslim to lead the country of 5.5 million people. Yousaf narrowly defeated rival Kate Forbes after a bruising five-week contest that exposed deep fractures within