AP National Business

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares fell Friday in Asia as worries over turmoil in the banking sector and recession risks overshadowed gains on Wall Street. Benchmarks declined in most major markets, while U.S. futures were higher. Oil prices fell. Investors are worried that more banks might suffer a debilitating exodus

ANACORTES, Wash. (AP) — The Federal Railroad Administration says a safety device meant to keep trains from tipping into Puget Sound knocked a train off the tracks last week, spilling 3,100 gallons of diesel fuel in Washington state. The BNSF Railway train was approaching a swinging bridge Thursday after leaving an oil refinery in Anacortes

PODGORICA, Montenegro (AP) — Police in Montenegro say they have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea following the $40 billion crash of the firm’s cryptocurrency. South Korea’s Justice Ministry confirmed the arrests of Kwon and another unidentified individual linked to the cryptocurrency crash and said Friday it will seek

By SAM METZ and BARBARA ORTUTAY Associated Press SALT LAKE CITY (AP) — Children and teens in Utah would lose access to social media apps such as TikTok if they don’t have parental consent and face other restrictions under a first-in-the-nation law designed to shield young people from the addictive platforms. Two laws signed by

By SAM METZ and BARBARA ORTUTAY Associated Press SALT LAKE CITY (AP) — Utah became the first state to enact laws limiting how children can use social media after Republican Gov. Spencer Cox signed a pair of measures Thursday that require parental consent before kids can sign up for sites like TikTok and Instagram. The

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a $15 billion tender offer from a buyout fund made up of the nation’s major banks and companies. Tokyo-based Toshiba announced its board accepted the bid from Japan Industrial Partners at 4,620 yen, or $36, a share.

By SAM METZ and BARBARA ORTUTAY Associated Press SALT LAKE CITY (AP) — Utah became the first state to enact laws limiting how children can use social media after Republican Gov. Spencer Cox signed a pair of measures Thursday that require parental consent before kids can sign up for sites like TikTok and Instagram. The

By SAM METZ Associated Press SALT LAKE CITY (AP) — Utah became the first state Thursday to sign into law legislation that attempts to limit teenagers’ access to social media sites. Republican Gov. Spencer Cox signed a pair of measures that aim to limit when and where children can use social media and stop companies

By ALEXANDER TURNBULL, NICOLAS GARRIGA and ELAINE GANLEY Associated Press PARIS (AP) — More than 1 million people demonstrated across France on Thursday against unpopular pension reforms, and violence erupted in some places as unions called for new nationwide strikes and protests next week, coinciding with King Charles III’s planned visit to France. The Interior

By BECKY BOHRER Associated Press JUNEAU, Alaska (AP) — A state official says the Willow oil project on Alaska’s petroleum-rich North Slope is part of a “new era” of development in the region but isn’t a sure thing. John Crowther, with the Alaska Department of Natural Resources, told lawmakers that litigation and costs are among

By DEE-ANN DURBIN AP Business Writer Starbucks’ new CEO says he plans to work a half-day shift once a month in one of the company’s stores. Laxman Narasimhan says it will help him stay close to the company’s culture. Narasimhan took the reins as CEO earlier this week. He said in a letter to Starbucks’

By MARK ANDERSON AP Sports Writer LAS VEGAS (AP) — Seven-time Super Bowl champion quarterback Tom Brady has acquired an ownership stake in the WNBA champion Las Vegas Aces. He attended an Aces game on May 31 and later sent Las Vegas star Kelsey Plum a jersey and other gifts. “I am very excited to

By ARIJETA LAJKA and PHILIP MARCELO NEW YORK (AP) — Former President Donald Trump getting gang-tackled by riot-gear-clad New York City police officers. Russian President Vladimir Putin in prison grays behind the bars of a dimly lit concrete cell. The highly detailed, sensational images have inundated Twitter and other platforms in recent days, amid news

By JOHN SEEWER Railroad Norfolk Southern is backing away from its push to reduce its train crews down to one person. The company made the announcement Thursday in a joint statement with the nation’s largest rail union. The two sides say they will instead focus on quality of life issues for employees during their ongoing

By TAMMY WEBBER Associated Press TikTok CEO Shou Zi Chew testified Thursday at a congressional hearing over concerns about user data collected by the popular video-sharing app and potential Chinese spying. Under his helm, TikTok reached 150 million users in the U.S., the majority of them teens and young adults who are attracted to the

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