AP National Business

By TRISHA AHMED Associated Press/Report for America A Green Bay radio magnate who built Midwest Communications into a multistate operation has died. According to an obituary from Lyndahl Funeral Home, Duey “Duke” Wright passed away on Dec. 21 at age 83. He moved to Green Bay in 1976, expanding Midwest Communications to more than 80

WASHINGTON (AP) — U.S. crash investigators say Ethiopian authorities aren’t considering all the possible causes of a deadly 2019 crash involving a Boeing 737 Max. The U.S. National Transportation Board agrees that a key flight-control system on the plane malfunctioned. But it says pilots might have recovered if they had properly used other means of

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers A broad slide for stocks added to Wall Street’s recent losses Wednesday, as investors count down to the end of the worst year for the S&P 500 since 2008. The S&P 500 fell 1.2%, with technology, energy and industrial stocks among the biggest weights on

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Owning Tesla stock this year has been anything but a smooth ride for investors. Shares in the electric vehicle maker are down nearly 70% since the start of the year, on pace to finish in the bottom five biggest decliners among S&P 500 stocks. By

By JOHN HANNA AP Political Writer TOPEKA, Kan. (AP) — Kansas Gov. Laura Kelly banned the use of TikTok on the state-issued devices of government workers under her control on Wednesday, becoming one of the first Democratic governors to restrict the popular social media app. Kelly’s action came five days after Congress approved the $1.7

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks fell broadly on Wall Street in afternoon trading Wednesday as investors count down to the end of the worst year for the S&P 500 since 2008. The S&P 500 fell 1.1% as of 3:30 p.m. Eastern, with technology, energy and communication services stocks among

By QASSIM ABDUL-ZAHRA Associated Press BAGHDAD (AP) — Iraq’s prime minister has ordered a crackdown on local businesses operating under the names of international brands without legal permission. That’s according to a statement from the premier’s office on Wednesday. The Associated Press reported last week that Iraq has become a major center of trademark violations

By DAMIAN J. TROISE AP Business Writer Stocks edged higher in morning trading on Wall Street Wednesday as investors count down to the end of the worst year for the S&P 500 since 2008. The S&P 500 rose 0.1% as of 10:12 a.m. Eastern. The Dow Jones Industrial Average rose 12 points, or less than

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Stocks are opening slightly higher on Wall Street Wednesday as investors count down to the end of the worst year for the S&P 500 since 2008. Tesla is rebounding from steep losses it suffered after reports Tuesday that it temporarily suspended production at a factory in

PARIS (AP) — Ukrainian authorities say a Ukrainian businessman and former lawmaker suspected of embezzling more than $100 million has been arrested at a luxury ski resort in the French Alps. Ukraine’s State Bureau of Investigations says French police arrested Kostiantyn Zhevago in a hotel in Courchevel on Tuesday based on an international warrant. Zhevago

By KRISTIN V. SHAW Edmunds Massaging seats, mood lightning, soothing music and more: Some cars on the market deliver a driving experience way beyond four wheels and a metal shell. Sedans like the Genesis G90 and SUVs such as Jeep’s Grand Wagoneer offer amenities that can seem almost spa-like. Whether sitting in traffic, carpooling several

DHAKA, Bangladesh (AP) — Bangladesh’s prime minister has inaugurated the country’s first metro rail service aimed at easing notorious traffic jams in capital Dhaka. Sheikh Hasina held a ceremony for a limited version of the service with the Japanese ambassador and the chief representative of Japan International Cooperation Agency. Japan funded the project with a

By KATE ASHFORD of NerdWallet More than 1 in 4 retirees say they’re spending more than they can afford, according to a recent survey from the Employee Benefit Research Institute. With inflation at 7.1% in November, it’s not surprising that savings aren’t going as far as they used to. But there are ways to bring

BERLIN (AP) — A Swiss court has granted a six-month “stay of bankruptcy” to the operating company for the never-opened Nord Stream 2 pipeline. The pipeline was built to bring Russian gas to Germany but put on ice shortly before Russia invaded Ukraine in February. A regional court in the Swiss canton (state) of Zug

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mostly lower in Europe and Asia on Wednesday as markets were counting down to the end of a painful year for investors, with no end in sight to uncertainties stemming from the pandemic and the war in Ukraine. Shares fell in Frankfurt, Paris, Tokyo,

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong is scrapping some of its COVID-19 restrictions, including PCR tests for inbound travelers and vaccination requirements to enter certain venues. The move comes as Hong Kong is preparing to reopen its borders with mainland China next month. China had imposed harsh restrictions and snap

By HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Ukraine has bought some 1,400 drones, mostly for reconnaissance, and plans to develop combat models that can attack the exploding drones Russia has used during its invasion of the country, according to the Ukrainian government minister in charge of technology. In a recent interview with The

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday after a post-holiday retreat on Wall Street, as markets count down to the end of a painful year for investors. Shares fell in Tokyo, Shanghai and Seoul but rose in Hong Kong as the Chinese government took further