AP National Business

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration is defending its response to a freight train derailment in Ohio that left toxic chemicals spilled or burned off, even as local leaders and members of Congress demanded that more be done. The administration says it has “mobilized a robust, multi-agency effort” to support

The Associated Press Stocks ended mixed on Wall Street after paring losses from the morning. The S&P 500 still posted its first back-to-back weekly declines since the turn of the year. The index lost 0.3% Friday. The Dow Jones Industrial Average rose, while the Nasdaq composite fell. Stocks have hit turbulence in February after shooting

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — Former Theranos executive Ramesh “Sunny” Balwani returned to federal court Friday in a last-ditch attempt to stay out of prison while appealing a jury’s verdict convicting him of orchestrating a blood-testing hoax with his former boss and lover, Elizabeth Holmes. Besides overseeing arguments about

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street closed another bumpy week with a mixed performance on Friday amid worries that inflation is not cooling as quickly or as smoothly as hoped. The S&P fell 0.3% after paring a bigger loss from the morning. The Dow Jones Industrial Average rose 129

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Deere & Co., up $30.35 to $433.31. The agricultural equipment maker reported strong first-quarter financial results. DraftKings Inc., up $2.73 to $20.54. The sports betting company beat analysts’ fourth-quarter earnings forecasts. HubSpot Inc., up $42.72 to $404.65. The cloud-based marketing and

By STEVE KARNOWSKI Associated Press MINNEAPOLIS (AP) — The Department of Labor says one of the country’s largest cleaning services for food processing companies employed more than 100 children in dangerous jobs at 13 meatpacking plants across the country. The agency said Friday that Wisconsin-based Packer Sanitation Services Inc. has paid over $1.5 million in

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon will require corporate employees to return to the office at least three days a week. Amazon CEO Andy Jassy said in a memo to staff Friday the new policy will go into effect May 1. The current policy allows team leaders to determine how

HOUSTON (AP) — Officials say a small jet slid off a runway at a Houston airport, halting flights for several hours. The jet landed at Hobby Airport, a Southwest Airlines hub, just before noon Friday and slid off the runaway and onto a grassy area located between two runway safety areas. KTRK-TV video shows that

Former NBA player Paul Pierce has agreed to pay about $1.4 million to settle charges that he touted EMAX tokens on social media without disclosing the payment he received for the promotion and for making false and misleading promotional statements about the same crypto asset. The Securities and Exchange Commission announced the settlement Friday. EMAX

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are mixed on Wall Street Friday after paring losses from the morning, though the S&P 500 remains on on track for its first back-to-back weekly drop since the turn of the year. Wall Street’s benchmark index was 0.3% lower in late trading after earlier

By TIM REYNOLDS AP Basketball Writer SALT LAKE CITY (AP) — The NBA is keeping a constant eye on the status of the financial problems that some regional sports networks are trying to address, and there does not appear to be immediate concern about what will happen if the owner of those networks files for

Barstool Sports has been sold to Penn Entertainment Inc. Penn paid about $388 million for the remaining stake in Barstool Sports that it doesn’t already own, the sports and entertainment company said Friday. Penn and Barstool Sports first announced an exclusive sports betting and iCasino partnership in early 2020. Penn took a 36% stake of

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A top Federal Reserve official downplayed recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation. Richmond Federal Reserve President Thomas Barkin said Friday that recent data showing

By KAREN MATTHEWS and BEN FINLEY Associated Press NEW YORK (AP) — A power outage in a terminal of New York’s John F. Kennedy International Airport stretched into a second day Friday after forcing some flights to be canceled or diverted, including one that was turned around and sent back to New Zealand after nearly

MADRID (AP) — Spain’s National Court has agreed to the extradition to the U.S. of a British citizen who allegedly took part in computer attacks, including the July 2020 hacking of Twitter accounts of public figures such as Joseph Biden, Barack Obama and Bill Gates. A court statement Friday said requirements had been met for

By JILL LAWLESS Associated Press LONDON (AP) — A flurry of political and diplomatic activity on Friday signaled a potential breakthrough on a rancorous post-Brexit trade dispute between Britain and the European Union. British Prime Minister Rishi Sunak flew to Belfast for talks with political leaders, and Foreign Secretary James Cleverly met EU chief negotiator

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are falling again on Wall Street Friday, and the S&P 500 is on track for its first back-to-back weekly drop since the turn of the year. Wall Street’s benchmark index was 0.9% lower in afternoon trading, a day after sliding to its worst loss

By ASHOK SHARMA Associated Press NEW DELHI (AP) — India’s Finance Ministry accused the BBC of tax evasion on Friday, saying that it had not fully declared its income and profits from its operations in the country. Indian tax authorities ended three days of searches of the British broadcaster’s New Delhi and Mumbai offices on