AP National Business

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The Associated Press Stocks fell amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 closed with a decline of 0.7%. The Dow posted a slightly steeper drop, while the Nasdaq rose slightly thanks to late gains in tech shares. Treasury yields plunged

By KEN SWEET and STAN CHOE The Associated Press NEW YORK (AP) — A bank run conjures images of “It’s a Wonderful Life,” with anxious customers crammed shoulder to shoulder, desperately pleading with a harried George Bailey to hand over their money. The failure of Silicon Valley Bank last week had the panic but few

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — He’s led Atlantic City casino workers through three strikes, been arrested at protests nearly 10 times, and won workers including housekeepers, cocktail servers and others the best contract they’ve ever had. Now Bob McDevitt is stepping down as president of the main Atlantic City casino

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are back to falling on Wall Street Wednesday as worries worsen about the strength of banks on both sides of the Atlantic. The S&P 500 was 1.8% lower in afternoon trading, while markets in Europe fell more sharply as shares of Switzerland’s Credit Suisse

By BRIAN MELLEY Associated Press LONDON (AP) — The U.K. Supreme Court has ruled that Ukraine can try to avoid repaying $3 billion in loans it said it took under pressure from Russia in 2013 to prevent it from trying to join the European Union. The court on Wednesday rejected a bid by a British

By JAMEY KEATEN and DAVID McHUGH Associated Press GENEVA (AP) — Shares in the globally connected Swiss bank Credit Suisse plunged Wednesday and dragged down other major European lenders as fears about deeper problems in the world banking system spread in the wake of bank failures in the United States. At one point, Credit Suisse

By SYLVIE CORBET Associated Press PARIS (AP) — French people hoping to preserve their retirement benefits took to the streets in a nationwide protest on Wednesday as a committee of lawmakers meeting behind closed doors validated the wording of President Emmanuel Macron’s unpopular pension plan. Macron had the means on the joint Senate and National

By MATTHEW DALY Associated Press WASHINGTON (AP) — A new “good neighbor” rule issued by the Environmental Protection Agency will restrict smokestack emissions from power plants and other industrial sources that burden downwind areas with smog-causing pollution they can’t control. Nearly two dozen states will have to cut harmful industrial emissions of nitrogen oxide and

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Thousands of students and other opponents of Hungary’s right-wing government have marched in the capital Budapest demanding educational reforms and a change in the Central European country’s political culture. The protest on Wednesday was dubbed a “freedom march” by organizers and was called by teachers unions

ANKARA, Turkey (AP) — Turkish officials and media reports say floods caused by torrential rains have killed at least 14 people in two provinces that were devastated by an earthquake last month. The flooding has increased the misery for thousands who already had been left homeless by the quake that killed more than 52,000 people

By VLADIMIR ISACHENKOV and BASSEM MROUE Associated Press MOSCOW (AP) — Russian President Vladimir Putin is hosting Syrian leader Bashar Assad for talks in the Kremlin that are expected to focus on rebuilding Syria after a devastating civil war and mending the country’s ties with Turkey. Welcoming Assad at the start of Wednesday’s meeting that

By MICHELLE CHAPMAN AP Business Writer Mint Mobile, partly owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion. T-Mobile’s purchase of Ka’ena Corp. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum. The brands, which

BERLIN (AP) — German investigators say they have taken down a major online money laundering operation, seizing the Germany-based server infrastructure of a platform that dealt in ill-gotten cryptocurrency. Authorities said Wednesday that bitcoin currently worth about 44 million euros ($47 million) and roughly seven terabytes of data were secured as investigators took down the

LONDON (AP) — The U.K. defense ministry says British and German air force fighter jets were scrambled to intercept a Russian aircraft flying close to Estonian airspace. The U.K. and Germany are conducting joint air policing missions in Estonia as part of NATO efforts to bolster its eastern flank in response to Russia. Britain’s defense

By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — Spain’s left-wing government has won the backing of unions to reform the nation’s public pension system. That is in stark contrast with neighboring France, where plans to raise the retirement age have led to waves of strikes and mass protests. The leaders of Spain’s two main

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are back to falling on Wall Street Wednesday as worries worsen about the strength of banks on both sides of the Atlantic. The S&P 500 was 1.5% lower in morning trading, while markets in Europe fell more sharply as shares of Switzerland’s Credit Suisse

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — A senior United Nations official says the world body remains committed to helping rival Greek Cypriots and Turkish Cypriots reach an agreement to bridge the island nation’s ethnic rift, which has been a source of instability in the east Mediterranean for decades. U.N. Under-Secretary-General for Political

By JAMEY KEATEN Associated Press GENEVA (AP) — Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder — the Saudi National Bank — told news outlets that it would not inject more money into the Swiss bank beset by problems long before the