AP National Business

By GLENN GAMBOA AP Business Writer The need to increase funding for Black feminist organizations is urgent, according to an open letter from some of philanthropy’s most influential organizations – including Melinda Gates’ Pivotal Ventures, Rihanna’s Clara Lionel Foundation, as well as the Ford Foundation and MacArthur Foundation – released Thursday. The Black Feminist Fund

By JESSE BEDAYN Associated Press/Report for America DENVER (AP) — A year after the most destructive wildfire in the state’s history scorched nearly 1,100 homes, Colorado lawmakers are considering joining other Western states by adopting artificial intelligence in the hopes of detecting blazes before they burn out of control. A proposal that legislators will discuss

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Walmart said Thursday it plans to open more than 30 Sam’s Club locations in the next few years, marking the first expansion since 2017. The nation’s largest retailer, based in Bentonville, Arkansas, said the first Sam’s Club location as part of the expansion is slated

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are swinging through mixed trading on Wall Street Thursday following reports suggesting the economy and corporate profits may be doing better than feared. The S&P 500 was virtually unchanged in late morning trading after an earlier gain of 0.9% vanished. The Dow Jones Industrial

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are ticking higher on Wall Street Thursday following reports suggesting the economy and corporate profits may be doing better than feared. The S&P 500 was 0.5% higher in midday trading after an earlier gain nearly double that size briefly vanished. The Dow Jones Industrial

By JIM HEINTZ Associated Press MOSCOW (AP) — Russian authorities have declared the independent news website Meduza as an undesirable organization. The outlet based in Latvia has reported extensively and critically on Russia’s military operation in Ukraine. Thursday’s decision by the Russian prosecutor-general’s office came the same day that the publisher of a different website

NEW YORK (AP) — Stocks are opening higher on Wall Street as traders were able to find encouraging signs in some of the earnings reports that big U.S. companies are putting out. Tesla jumped 10% in the early going Thursday after reporting results that were better than analysts were expecting and saying demand for its

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive. Many economists, though, still expect a recession to hit as soon as the current April-June quarter

SARAJEVO, Bosnia-Herzegovina (AP) — Pramod Mittal, the younger brother of Indian steel magnate Lakshmi Mittal, has been charged in Bosnia with organized crime and abuse of office while head of the supervisory board and co-owner of a metallurgical coke producer in the Balkan country.  Among other charges, Mittal was formally accused of heading an organized

By GERALD IMRAY Associated Press CAPE TOWN, South Africa (AP) — Germany has apologized for using a leopard emoji in a jibe at Russian Foreign Minister Sergey Lavrov on Twitter that ended up offending some Africans. The German foreign ministry poked fun at Russia’s top diplomat during his tour of Africa when it tweeted that

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product — the

By THOMAS ADAMSON AP Fashion Writer PARIS (AP) — The experimentalism and audacity of 1980s club kids inspired Valentino in one of the last high-octane shows of this Paris Fashion Week couture season. Thousands of fans lined the Pont Alexandre III bridge on a chilly Wednesday night to scream as their idols arrived and departed.

By THOMAS ADAMSON AP Fashion Writer PARIS (AP) — The experimentalism and audacity of 1980s club kids inspired Valentino in one of the last high-octane shows of this Paris Fashion Week couture season. Thousands of fans lined the Pont Alexandre III bridge on a chilly Wednesday night to scream as their idols arrived and departed.

By JOE McDONALD and MATT OTT AP Business Writers Wall Street was mixed in muted trading early Thursday as investors waited for more U.S. economic data amid rising hope that Western economies can avoid a recession despite higher interest rates meant to cool inflation. Futures for the Dow were off less than 0.1% before the

By DAVID KOENIG and MICHELLE CHAPMAN AP Business Writers American Airlines have given more proof of the recovery in air travel, posting a better-than-expected profit for the fourth quarter. But Southwest Airlines lost money because of massive flight cancellations last month. Southwest said it also expects another loss in the first quarter while saying it

Materials science company Dow is cutting about 2,000 jobs, or approximately 5% of its global workforce, as part of an effort to reach $1 billion in cost savings this year. The Midland, Michigan-based company currently employs approximately 37,800 people. Dow Inc. will take a charge of $550 million to $725 million in the first quarter.

By SALLY FRENCH of NerdWallet Airline and hotel elite status extensions due to the COVID-19 pandemic are expiring this year, and the companies are raising the requirements to earn status. In fact, one prediction says about 1 million Americans will lose airline status in 2023. As a small consolation, loyalty programs have introduced some nominal