AP National Business

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares were mostly lower Wednesday after Japan’s central bank kept its lax monetary policy unchanged, contrary to speculation it would yield to pressure to tighten credit to counter rising inflation. Benchmarks rose in Tokyo and Sydney but fell in Seoul, Hong Kong and Shanghai. Oil

By KANIS LEUNG Associated Press MACAO (AP) — The founder of Macao’s once-biggest casino junket organizer has been sentenced to 18 years in jail after being convicted of operating illegal gaming activities, running a criminal organization and other charges. Alvin Chau, former chairman of Suncity Group, was arrested in 2021 on accusations he ran an

MANILA, Philippines (AP) — Nobel Peace Prize winner Maria Ressa and her news company have been cleared of tax evasion charges she said were among legal cases used by former Philippine President Rodrigo Duterte to try to muzzle critical reporting. The Court of Tax Appeals ruled Wednesday that prosecutors failed to prove Ressa and Rappler

SEATTLE (AP) — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with rival Kroger. The state’s highest court on Tuesday declined to review a case against the dividend brought by state Attorney

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — A nine-person jury was seated Tuesday to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors by asserting in 2018 tweets that he had lined up financing to take the electric automaker private. The five-hour process set the stage for opening

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stock indexes on Wall Street closed mixed Tuesday, as investors focus on a busy week of corporate earnings for insight into how much damage inflation is inflicting on the economy. The S&P 500 slipped 0.2%, ending a four-day winning streak. The Dow Jones Industrial Average

The Associated Press Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 0.2% Tuesday. The Nasdaq edged higher and the Dow Jones Industrial Average fell, mostly because of a big drop in Goldman Sachs after the investment bank’s results came in far below

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Goldman Sachs Group Inc., down $24.08 to $349.92. The investment bank reported weak fourth-quarter financial results as deals dried up. National Instruments Corp., up $5.07 to $52.04. Emerson is going public with a $7.6 billion bid for the maker of scientific

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 0.2% Tuesday and the Nasdaq edged up 0.1%. The Dow Jones Industrial Average fell 1.1%, mostly because of a big drop in Goldman Sachs

By JOSH BOAK Associated Press WASHINGTON (AP) — The U.S. government has run up against its legal borrowing capacity of $31.381 trillion, an artificially imposed debt limit that has been increased scores of times. The Treasury Department on Thursday began implementing accounting workarounds called “extraordinary measures” to avoid a default. These workarounds shift money among

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — New Jersey’s gambling revenue matched its all-time high of $5.2 billion in 2022, but only half that amount was won by casinos from in-person gamblers. Figures released Tuesday by state gambling regulators show the casinos, horse tracks that take sports bets, and online partners of

By The Associated Press DAVOS, Switzerland (AP) — A trial in absentia has opened for Belarus’ top opposition leader who denounced the proceedings as a farce and urged the West to bolster support for the country’s beleaguered opposition. Sviatlana Tsikhanouskaya was the main challenger in the August 2020 presidential election that extended President Alexander Lukashenko’s

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — A Silicon Valley judge began questioning potential jurors Tuesday to hear allegations that Elon Musk cheated Tesla investors by claiming in a 2018 tweet that he had lined up financing to take the electric automaker private. The tweets fueled a rally in Tesla’s stock price

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks edged mostly lower in uncertain trading on Wall Street Tuesday to kick off a holiday-shortened, but earnings-heavy week. The S&P 500 slipped 0.2% as of 2:21 p.m. Eastern. The tech-heavy Nasdaq rose less than 0.1%. The Dow Jones Industrial Average fell 363 points, or

BUFFALO, N.Y. (AP) — The NHL’s Buffalo Sabres and Pegula Sports & Entertainment have hired John Roth as chief operating officer. He’ll report to owners Terry and Kim Pegula after spending more than two decades at Fidelity Investments. Roth assumes control of the club’s day-to-day business operations. Kim Pegula remains president of the Sabres and

By JAMES ROBSON AP Soccer Writer MANCHESTER, England (AP) — Jim Ratcliffe is entering the bidding to buy Manchester United. The billionaire owner of petrochemicals firm INEOS is ready to make an offer to United owners the Glazer family, who outlined their willingness to sell the Premier League club in November. INEOS told The Associated

By HANNA ARHIROVA Associated Press DNIPRO, Ukraine (AP) — The death toll from a weekend Russian missile strike on an apartment building in southeastern Ukraine has climbed to 45. The victims of the deadliest attack on civilians since the spring included six children. In Moscow, a makeshift memorial to the Dnipro attack’s victims appeared. It’s

By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — Police in western Germany carried Swedish climate activist Greta Thunberg and other protesters away Tuesday from the edge of an open coal pit mine where they demonstrated against the ongoing destruction of a village to make way for the mine’s expansion, German news agency dpa reported. Thunberg