AP National Business

WASHINGTON (AP) — President Joe Biden is hosting executives from Live Nation, Airbnb and other companies at the White House on Thursday to highlight his administration’s push to end so-called junk fees that surprise consumers. Biden prioritized the effort to combat surprise or undisclosed fees in his State of the Union address and has called

By DANICA KIRKA and SYLVIA HUI Associated Press LONDON (AP) — A committee of U.K. lawmakers harshly rebuked former British Prime Minister Boris Johnson Thursday, saying he lied to Parliament about lockdown-flouting parties and was complicit in a campaign to intimidate those investigating his conduct during the coronavirus pandemic. The House of Commons Privileges Committee

SHENZHEN, China — Aurora Mobile: Q1 Earnings Snapshot

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were trading mixed Thursday after the U.S. Federal Reserve held interest rates steady. France’s CAC 40 declined 0.4% in early trading to 7,298.37. Germany’s DAX shed 0.2% to 16,277.36. Britain’s FTSE 100 slipped nearly 0.1% to 7,596.28. U.S. shares were set to drift lower

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — Two men who helped run the once wildly popular pirating website Megaupload have each been sentenced by a New Zealand court to more than two years in prison. The sentencing of Mathias Ortmann and Bram van der Kolk ended an 11-year legal battle by the

LONDON (AP) — Former Prime Minister Boris Johnson deliberately misled Parliament about the lockdown-flouting parties that undermined his credibility and contributed to his downfall, a committee of lawmakers said Thursday after a year-long investigation. A scathing report from the House of Commons Privileges Committee found that Johnson’s actions were such a flagrant violation of the

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The U.S. Federal Reserve has hit “pause.” But the European Central Bank is still pushing “fast forward.” Another interest rate increase of a quarter-percentage point is expected when the ECB’s governing council meets Thursday. The ECB is still raising in part because it started after

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New figures show that New Zealand’s economy has dipped into recession as higher interest rates take their toll. Statistics New Zealand said Thursday that gross domestic product fell by 0.1% in the March quarter, following a revised 0.7% fall in the previous quarter. That fulfils

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were trading mixed Thursday after the U.S. Federal Reserve held interest rates steady. Data from China showed consumer and factory activity weakened in May and record-breaking unemployment among young people in cities rose as an economic rebound following the end of anti-virus controls slowed.

SAN FRANCISCO (AP) — The union for thousands of West Coast dockworkers has reached a tentative agreement on a new contract, it was announced Wednesday, after more than a year of negotiations and several work disruptions that snarled shipping traffic at some of the largest ports. The International Longshore and Warehouse Union reached the tentative

By HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Sunlight filters through shattered windows, casting a glow upon the dusty furniture and fragments of glass strewn across the floor of the office belonging to Oleksandr Vinkovskyi, director of a Kyiv business where visually impaired people worked. Vinkovskyi is blind, and can’t see the scale of

BEIJING (AP) — Chinese Premier Li Qiang is meeting with visiting Palestinian President Mahmoud Abbas in a drive by Beijing to elevate relations and increase its overall presence in the Middle East. Li, who took office this spring with little foreign policy experience, called Abbas “an old friend of the Chinese people” who has made

By JOE McDONALD AP Business Writer BEIJING (AP) — Canada’s finance minister says it is suspending activity with a Chinese-founded development bank while it investigates complaints by a Canadian who resigned from the lender, saying it is dominated by “Communist Party hacks” and his country shouldn’t be a member. The Asian Infrastructure Investment Bank confirmed

By JOE McDONALD AP Business Writer BEIJING (AP) — A Canadian public relations manager for a Chinese-founded development bank has announced his resignation in a statement that accused it of being dominated by “Communist Party hacks” and said Canada’s interests weren’t served by being a member. The Asian Infrastructure Investment Bank confirmed that Bob Pickard

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly higher Thursday after the U.S. Federal Reserve held interest rates steady. Data from China showed consumer and factory activity weakened in May and record-breaking unemployment among young people in cities rose as an economic rebound following the end of anti-virus controls slowed.

By JOE McDONALD AP Business Writer BEIJING (AP) — China’s factory and consumer activity weakened further in May and surging unemployment among young people in cities broke the previous month’s record as an economic rebound following the end of anti-virus controls slowed. The government reported surveys found more than a fifth of potential workers in

By ZEN SOO Associated Press HONG KONG (AP) — A popular Hong Kong protest song was no longer available on several major music streaming sites as well as social media platforms. The development Wednesday came after the government sought an injunction to ban the tune. The song “Glory to Hong Kong” rose to popularity during

By SCOTT SONNER and GABE STERN Associated Press/Report for America CARSON CITY, Nev. (AP) — The Oakland Athletics cleared a major hurdle for their planned relocation to Las Vegas after the Nevada Legislature gave final approval on Wednesday to public funding for a portion of a proposed $1.5 billion stadium with a retractable roof. The