AP National Business

By JULIE WATSON Associated Press SAN DIEGO (AP) — As the aviation industry seeks to cut its carbon footprint, Boeing has just signed a deal to help its quest for a sustainable jet fuel, and it’s tied to an unlikely source: the ocean. The aerospace giant has signed a deal with a Los Angeles-based startup

By FABIANO MAISONNAVE RIO DE JANEIRO (AP) — In a rejection of early moves by President Luiz Inácio Lula da Silva who took office in January, Brazil’s Congress has stripped powers from the new Ministry of Indigenous Peoples and Ministry of the Environment and Climate Change, both led by women environmentalists.

Associated Press If you board an international flight on Air New Zealand in the next few weeks, prepare to step on a scale to see how much you weigh. The airline started weighing passengers on flights leaving from Auckland on Monday, and the practice will continue through July 2. Air New Zealand says it’s voluntary

By SCOTT McFETRIDGE, HANNAH FINGERHUT and RYAN J. FOLEY Associated Press DES MOINES, Iowa (AP) — A structural engineer’s report issued last week indicated a wall of a century-old apartment building in Iowa was at imminent risk of crumbling, yet neither the owner nor city officials warned residents of the danger days before the building

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street rose Thursday with hopes that the Federal Reserve may soon take it easier on its hikes to interest rates. The S&P 500 rallied 1% after a suite of reports painted a picture of a split U.S. economy. The job market remains solid, but

MIRAMAR, Fla. (AP) — Spirit Airlines and Air Canada have been dealing with technical issues that have delayed some of the airlines’ flights. Spirit said Thursday in an initial tweet that the technical issue it was dealing with impacted its website, app and airport kiosks. A tweet around noon EDT said that the network issue

By FATIMA HUSSEIN, MATTHEW LEE, ELLEN KNICKMEYER and ERIC TUCKER Associated Press WASHINGTON (AP) — The U.S. has imposed sanctions on an Iranian Revolutionary Guard official and others it says took part in wide-ranging plots to kill former national security adviser John Bolton and others around the world, including at least one additional U.S. government

By GERALD IMRAY Associated Press CAPE TOWN, South Africa (AP) — Russian Foreign Minister Sergey Lavrov met in South Africa with counterparts from the BRICS economic bloc of developing nations for discussions Thursday that were preceded by officials questioning the West’s intentions in the war in Ukraine. South African Foreign Minister Naledi Pandor also said

By FATIMA HUSSEIN and ERIC TUCKER Associated Press WASHINGTON (AP) — The United States has announced sanctions against some Iranian and Turkish people and firms accused of plotting to assassinate former U.S. government officials, dual U.S. and Iranian nationals, and dissidents. The sanctions announced Thursday block all access to their U.S. money and property. Several

By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court has ruled against unionized drivers who walked off the job with their trucks full of wet concrete. The decision in a case from Washington state united liberal and conservative justices in labor’s latest loss at the high court. The lone dissenter was Justice Ketanji

By SCOTT McFETRIDGE and HANNAH FINGERHUT Associated Press DES MOINES, Iowa (AP) — The police chief in Davenport, Iowa says three residents of an apartment building that partially collapsed on Sunday are still unaccounted for. Earlier this week, authorities said five people were missing, but Police Chief Jeff Bladel said Thursday that two of them

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are drifting on Wall Street Thursday as reports painted a split U.S. economy. The job market remains remarkably solid, but manufacturing is weakening and shoppers of all kinds are feeling more pressure. The S&P 500 was 0.4% higher in midday trading after eking out

By The Associated Press Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. The Fidelity Blue Chip Growth Fund has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55 million. That’s down from the

By MARK SHERMAN Associated Press WASHINGTON (AP) — The Supreme Court has unanimously revived whistleblower lawsuits claiming that supermarket and pharmacy chains SuperValu and Safeway overcharged government health-care programs for prescription drugs by hundreds of millions of dollars. The decision Thursday gives the whistleblowers another chance to pursue their claims that the companies defrauded the

By KELSEY SHEEHY of NerdWallet A single viral video on TikTok can launch your business into the stratosphere. But getting — and holding — viewers’ attention on the video-sharing platform can elude even the savviest business owner. To level-up your company’s TikTok presence, focus on ways to be more efficient and effective. Build an editorial

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Kwasi Bandoh, a senior recruiter for an airline, stood before a group of aviation mechanic students at their graduation ceremony last month and congratulated them for all having jobs. As some of the students began nudging each other, Bandoh realized that perhaps not every one of

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety. Companies are in the midst of an “earnings recession,” meaning profits have contracted for two straight quarters, starting with a 4.6% drop at the end

By YURI KAGEYAMA and MATT OTT AP Business Writers Wall Street moved modestly higher early Thursday after the United States House of Representatives approved a debt ceiling and budget cuts package, avoiding a default crisis. Futures for the Dow Jones industrials are flat before the bell and the S&P 500 rose 0.2%. The hard-fought compromise

TEL AVIV, Israel — Galmed Pharmaceuticals: Q1 Earnings Snapshot

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Macy’s slashed its outlook for the entire year with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation. Quarterly profit and sales dropped to open the year as sales began to flag in March, forcing the New