AP National Business

By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker. The Austin, Texas, maker of electric vehicles and solar panels said it earned $3.69 billion

By MATTHEW DALY Associated Press WASHINGTON (AP) — Democratic Sen. Joe Manchin is trying to delay new tax credits for electric vehicles, a key feature of President Joe Biden’s landmark climate law. Manchin says Treasury Department guidelines allow manufacturers in Europe and other countries to bypass requirements that significant portions of EV batteries be produced

By BARBARA ORTUTAY and JILL COLVIN The Associated Press Facebook parent Meta is reinstating former President Donald Trump ‘s personal account, ending a two-year suspension it imposed in the wake of the Jan. 6 insurrection. The company said in a blog post Wednesday it is adding “new guardrails” to ensure there are no “repeat offenders”

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter took center stage Wednesday in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unraveled.

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — CSX railroad says it hauled in 9% more fourth-quarter profit even though it carried less cargo because it received more money for fuel surcharges and higher shipping rates. The Jacksonville, Florida-based railroad said Wednesday that it earned $1.02 billion, or 49 cents per share. That

By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker. The Austin, Texas, maker of electric vehicles and solar panels said it earned $3.69 billion

By STAN CHOE AP Business Writer NEW YORK (AP) — Another roller-coaster day left Wall Street essentially where it began on Wednesday, after stocks veered on worries about how badly a slowing economy will hit corporate profits. The S&P 500 finished virtually unchanged, but only after it tumbled to a morning loss of 1.7% and

NEW YORK (AP) — Justin Bieber’s record-breaking pop hits from “Baby” to “Sorry” are no longer his after the superstar sold the rights to all his early career music. The Canadian-American pop star’s six albums, including his most recent album “Justice,” are part of the massive catalog sale deal with Hipgnosis, a U.K-based music investment

By HANNAH SCHOENBAUM Associated Press/Report for America RALEIGH, N.C. (AP) — A lawyer representing the leaders of North Carolina’s state employee health plan has defended its exclusion of gender affirming treatments before a federal appeals court. State Treasurer Dale Folwell and the State Health Plan’s executive administrator are seeking to overturn a trial court order

The Associated Press Stocks shook off an early slide and wound up little changed as worries about corporate profits weighed on the market. The S&P 500 ended barely lower and the Dow ended barely higher. The Nasdaq fell. The mixed finish came after the S&P 500 roared back from a morning loss of 1.7%. Big

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Boeing Co., up 70 cents to $212.68. The aerospace-defense giant reported a big fourth-quarter loss, but said it is sticking with plans to increase jet production. AT&T Inc., up $1.26 to $20.42. The telecommunications company reported strong fourth-quarter earnings. News Corp.,

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks shook off an early slide and wound up little changed as worries about corporate profits weighed on the market. The S&P 500 ended barely lower and the Dow ended barely higher. The Nasdaq fell 0.2%. The mixed finish came after the S&P 500 roared

By TERRY SPENCER Associated Press FORT LAUDERDALE, Fla. (AP) — The leader of Florida’s primary electric company is stepping down after it became embroiled in controversy. Florida Power & Light CEO Eric Silagy will step down on Feb. 15. He will be replaced by Armando Pimentel, a top executive with its parent company, NextEra Energy.

By STEVE LeBLANC Associated Press BOSTON (AP) — When U.S. Rep. Jake Auchincloss decided to deliver a speech on a bill that would create a U.S.-Israel artificial intelligence center, he opted to let the AI do the talking. The brief two-paragragh speech read by the Massachusetts Democrat on the floor of the U.S. House on

By BOBBY CAINA CALVAN Associated Press NEW YORK (AP) — For decades, work on a massive rail project has been grinding 15 stories below the shuffling footsteps of millions of New Yorkers and beneath the East Hudson River and Manhattan skyscrapers. After years of delays and massive cost overruns, the enormously expensive railway project shuttled

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is wobbling Wednesday on worries about corporate profits following a mixed set of earnings reports and forecasts from Microsoft and others. The S&P 500 was 0.1% lower in afternoon trading, but only after it tumbled to a morning loss of 1.7% and then

By KAREN MATTHEWS Associated Press NEW YORK (AP) — New York’s attorney general has warned Madison Square Garden that it may be violating anti-bias laws with its practice of barring lawyers from firms involved in litigation against MSG from its venues including Radio City Music Hall and the Garden itself. The attorney general’s office says

WASHINGTON (AP) — A system that sends alerts to pilots, and broke down earlier this month, is causing delays for some users again. But federal officials say this time it’s not affecting any flights. The Federal Aviation Administration said Wednesday that that the system was online and operational, but some users were reporting slower response