AP National Business

By MICHAEL LIEDTKE AP Technology Writer BERKELEY, Calif. (AP) — A prominent video game creator who helped lead Facebook’s expansion into virtual reality has resigned from the social networking service’s corporate parent after becoming disillusioned with the way the technology is being managed. John Carmack cut his ties with Meta Platforms, a holding company created

By EDDIE PELLS AP National Writer Sports fans who view their favorite players as role models might think twice before taking their financial advice, too. The bankruptcy of FTX and the arrest of its founder and former CEO are raising new questions about the role celebrity athletes such as Tom Brady, Steph Curry, Naomi Osaka

By DAVID KLEPPER Associated Press In the days after a gunman killed five people at a gay nightclub in Colorado last month, much of social media lit up with the now familiar expressions of grief, mourning and disbelief. But on some online message boards and platforms, the tone was celebratory. “I love waking up to

By GEIR MOULSON Associated Press BERLIN (AP) — Chancellor Olaf Scholz has inaugurated Germany’s first liquefied natural gas terminal, declaring that the speed with which it was put into service is a signal that Europe’s biggest economy will remain strong. The top three officials in the government attended Saturday’s inauguration in the North Sea port

By JUSTIN SPIKE and VADIM GHIRDA Associated Press BUCHAREST, Romania (AP) — The leaders of Hungary, Romania, Georgia and Azerbaijan have finalized an agreement on an undersea electricity connector that could become a new power source for the European Union amid a crunch on energy supplies caused by the war in Ukraine. The agreement involves

CAIRO (AP) — The International Monetary Fund has approved a deal that will provide a $3 billion support package to cash-strapped Egypt over a period of almost four years, with the agreement expected to draw in additional $14 billion in financing for the Middle East country. The IMF announcement late on Friday came after a

By JOSH BOAK Associated Press WASHINGTON (AP) — Donald Trump pledged to fix U.S. infrastructure as president. He vowed to take on China and bulk up American manufacturing. He said he would reduce the budget deficit and make the wealthy pay their fair share of taxes. Yet after two years as president, it’s Joe Biden

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Puerto Rico’s power company appears destined for an even longer bankruptcy than expected after several creditors have rejected a new debt restructuring plan following years of failed negotiations. A federal control board that oversees the island’s finances filed a plan late Friday that proposes

By DEE-ANN DURBIN AP Business Writer The Transportation Security Administration is raising the fine for people caught with a firearm in their carry-on bag. The TSA says it has intercepted 6,301 guns so far this year at U.S. airports, which is a record. The TSA is raising the maximum fine by a little more than

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The longtime head of the second-largest rail union announced Friday that he will clear the way for the upstart candidate who beat him by retiring instead of fighting to keep his office in a second election. Eddie Hall received 509 more votes than Dennis Pierce

RICHMOND, Va. (AP) — Virginia Gov. Glenn Youngkin has banned the use of several Chinese-owned apps including TikTok and WeChat on state government devices and wireless networks. In a statement Friday, he calls them a threat to national security and “a channel to the Chinese Communist Party.” Youngkin’s executive order covers apps developed by ByteDance

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — A federal agency says it cited Amazon for failing to properly record work-related injuries at six of its warehouses. The Occupational Safety and Health Administration said Friday that it made 14 citations against the company during inspections that occurred over the summer at warehouses in

By HEATHER HOLLINGSWORTH Associated Press A U.S. university is investigating a Nobel laureate over sexual harassment allegations that the economist’s attorney dismisses as “professional rivalry.” Philip Dybvig, who shared this year’s Nobel Prize in economics for research into bank failures, has been questioned in the past several weeks by the Title IX office at Washington

JEFFERSON CITY, Mo. (AP) — A bill requiring stricter safety rules in response to the 2018 deadly sinking of a tourist boat in Missouri is headed to President Joe Biden for his signature. The safety rules are part of a defense funding bill the Senate passed Thursday. The measure directs the U.S. Coast Guard to

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration said Friday it is buying 3 million barrels of oil to begin to replenish U.S. strategic reserves that officials drained earlier this year in a bid to stop gasoline prices from rising amid production cuts by OPEC and a ban on Russian oil imports.

By HALELUYA HADERO and KELVIN CHAN AP Business Writers NEW YORK (AP) — When Twitter abruptly suspended the accounts of several journalists with no explanation, the platform’s owner Elon Musk hinted at the possible reason: They allegedly doxxed him. “You dox, you get suspended. End of story. That’s it,” he said on a Twitter Space

By MAE ANDERSON and MATT O’BRIEN AP Technology Writers Elon Musk’s abrupt suspension of several journalists who cover Twitter widens a growing rift between the social media site and media organizations that have used the platform to build their audiences. Individual reporters with The New York Times, The Washington Post, CNN, Voice of America and

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street racked up more losses Friday, as worries mounted that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to crush inflation. The S&P 500 fell 1.1%, its third straight drop. The Dow Jones

By JOSHUA GOODMAN and PATRICK WHITTLE Associated Press MIAMI (AP) — The U.S. is poised to ban the lucrative trade in shark fins, a move conservationists hope will help protect millions of sharks that are butchered every year to satisfy demand in China and other parts of Asia. The practice of shark finning, whereby sharks