AP National Business

By MICHAEL GOLDBERG Associated Press/Report for America JACKSON, Miss. (AP) — Mississippi Supreme Court Chief Justice Mike Randolph says efforts to attach him to a lawsuit challenging a new state law are a “circus” with “no legal precedent in U.S. history.” Randolph has been named a defendant in the lawsuit challenging House Bill 1020. The

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Lawyers for former a former Indiana congressman say he should be spared from prison after his insider trading conviction. Attorneys for Steve Buyer told a Manhattan federal judge Wednesday that home confinement and community service were sufficient after a jury convicted Buyer in March. The Republican

CHARLOTTE, N.C. (AP) — Regulated betting on sports and horse racing is expected to begin across North Carolina in the first half of next year. Gov. Roy Cooper signed legislation Wednesday that greatly expands gambling within the state’s borders. The Democratic governor held a bill-signing ceremony Wednesday at Spectrum Center, home to the NBA’s Charlotte

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A U.S. federal appeals court has rejected a bid for bail by a self-exiled Chinese businessman awaiting trial in a $1 billion fraud case. The 2nd U.S. Circuit Court of Appeals in Manhattan issued a two-page order Wednesday saying Guo Wengui will remain behind bars as

By HILLEL ITALIE AP National Writer NEW YORK (AP) — Robert Gottlieb, the inspired and eclectic literary editor whose brilliant career was launched with Joseph Heller’s “Catch-22” and continued for decades with such Pulitzer Prize-winning classics as Toni Morrison’s “Beloved” and Robert Caro’s “The Power Broker,” has died at age 92. Gottlieb died Wednesday of

By MATTHEW DALY Associated Press WASHINGTON (AP) — A senior Republican on the Senate Energy panel is calling for an investigation of Energy Secretary Jennifer Granholm, after she told the committee she mistakenly provided false information about her family’s stock holdings in testimony earlier this year. Wyoming Sen. John Barrasso asked the Energy Department’s inspector

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation may be cooling — just not yet fast enough for the Federal Reserve. Chair Jerome Powell offered a nuanced view Wednesday of how the Fed intends to address its core challenge at a time when inflation is both way below its peak but still well

FARMINGDALE, N.Y. — Enzo Biochem: Fiscal Q3 Earnings Snapshot

By DEE-ANN DURBIN AP Business Writer After more than two decades as America’s best-selling beer, Bud Light has slipped into second place. Modelo Especial, a Mexican lager, overtook Bud Light in U.S. retail dollar sales in the month ending June 3, according to Nielsen data analyzed by Bump Williams Consulting. Modelo controlled 8.4% of U.S.

By CLAIRE RUSH and GENE JOHNSON Associated Press PORTLAND, Ore. (AP) — A jury in Oregon says the electric utility PacifiCorp must pay punitive damages for causing devastating wildfires in 2020. That’s on top of an earlier verdict already expected to amount to billions of dollars. The decision Wednesday came two days after the jurors

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street swung to a mixed finish after the Federal Reserve hinted it may raise interest rates two more times this year, even as it held them steady Wednesday. The S&P 500 finished the day 0.1% higher after pinballing between gains and losses following the

By JAMEY KEATEN Associated Press KYIV, Ukraine (AP) — Ukrainian officials say Russian forces fired cruise missiles at the southern city of Odesa and shelling has destroyed homes in the eastern Donetsk region. At least six people were reported killed and more than a dozen injured in the strikes. A Ukrainian military spokesman said Wednesday

By MATTHEW DALY Associated Press WASHINGTON (AP) — Venturing back into the nation’s culture wars, the Republican-controlled House has approved legislation that GOP lawmakers say would protect gas stoves from overzealous government regulators. A bill passed Tuesday would prohibit use of federal money to regulate gas stoves as a hazardous product, while a separate measure

LITTLE ROCK, Ark. (AP) — Sarah Huckabee Sanders is heading to Europe for her first trade mission as Arkansas governor. The Republican announced Wednesday that she plans to travel to France and Germany to urge businesses to invest in the state. Sanders’ trip will include visiting the Paris Air Show and she plans to meet

The Associated Press Stocks swung to a mixed close on Wall Street after the Federal Reserve hinted it may raise interest rates two more times this year. The S&P 500 ended less than 0.1% higher Wednesday after pinballing from a modest gain before the Fed’s announcement to a modest loss just after. The Dow fell

By CARLOS RODRÍGUEZ Associated Press MEXICO CITY (AP) — As a prominent 10-meter diver, Diego Balleza is used to wearing small swimsuits that show off his body. Now, desperate because of a lack of financial resources ahead of next year’s Paris Olympics, the Mexican is making a leap to a different platform in which he

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month. The Fed’s

By DEE-ANN DURBIN AP Business Writer After more than two decades as America’s best-selling beer, Bud Light has slipped into second place. Modelo Especial, a Mexican lager, overtook Bud Light in U.S. retail dollar sales in the month ending June 3, according to Nielsen data analyzed by Bump Williams Consulting. Modelo controlled 8.4% of U.S.

By CORA LEWIS Associated Press NEW YORK (AP) — The Federal Reserve’s decision to leave interest rates alone for the first time in 11 meetings raises hopes that it may be at least nearing the end of its rate-hiking campaign to cool inflation. That said, the Fed’s policymakers indicated that they envision potentially two more

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are slipping on Wall Street Wednesday after the Federal Reserve hinted it may raise interest rates two more times this year, even if it’s taking a pause for now. The S&P 500 was 0.5% lower in afternoon trading after losing a modest gain from