AP National Business

By KEN SWEET AP Business Writer NEW YORK (AP) — The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors. An SEC complaint filed Tuesday alleges that Sam Bankman-Fried raised more than $1.8 billion from equity investors since May 2019 by promoting

By DAVID KOENIG AP Airlines Writer United Airlines said Tuesday that it ordered 100 new Boeing 787s, a large, twin-aisle jetliner, to replace planes that are nearing retirement age and allow United to expand its international flying. United also added to its order book for the smaller Boeing 737 Max, which is used on domestic

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungary’s government is expecting to sign an agreement within days that will bring it closer to accessing billions in suspended European Union funding. The bloc has held up the money for more than a year over concerns of corruption and democratic erosion in Hungary. But a

By LORNE COOK Associated Press BRUSSELS (AP) — The European Union’s parliament is reeling and its credibility is at stake as a corruption and bribery scandal has toppled a senior member. Several others have been relieved of their duties. Fingers are pointing at Qatari officials accused by some of trying to sports-wash the soccer World

By DANICA KIRKA Associated Press LONDON (AP) — Railroad workers across England have walked off the job, disrupting trains throughout the U.K. and starting what is expected to be a month of strikes by public service workers. The workers are demanding higher pay as soaring inflation erodes living standards. The Rail, Maritime and Transport union

BRUSSELS (AP) — The European Union has moved closer to pushing through an unprecedented tax on foreign companies that want to import products that do not meet climate-protection standards that EU companies have to comply with. The Carbon Border Adjustment Mechanism seeks to create a competitive level playing field after EU companies complained that they

By VICTORIA MILKO and ANDI JATMIKO Associated Press JATILUWIH, Indonesia (AP) — The tropical tourist destination of Bali, Indonesia, is facing a worsening water crisis from tourism development, population growth and water mismanagement. Shortages already are affecting UNESCO sites, Balinese culture and residents and experts warn the issues will worsen if better water management isn’t

By RIAZAT BUTT Associated Press LAHORE, Pakistan (AP) — No menu. No delivery. No walk-ins. Advance orders only. Explanations and instructions while you eat. Welcome to Baking Virsa, a hole-in-the-wall in the eastern Pakistani city of Lahore described as the country’s most expensive restaurant for what it serves — household favorites like flatbreads and kebabs.

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong’s leader says its government will push Google to display China’s national anthem as the top result in searches for the city’s anthem instead of a protest song. John Lee, Hong Kong’s chief executive, said Tuesday it was “technically possible,” although he said Google had

By TOM KRISHER AP Auto Writer DETROIT (AP) — Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they’re just as safe as they were before. That’s because the Insurance Institute for Highway Safety updated the test so it places more emphasis on keeping back-seat passengers safe.

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A high-profile report on inflation to be released Tuesday morning could show another month of cooling prices and add to evidence that the pressures on American households are gradually easing. A milder inflation report would also encourage optimism that the Federal Reserve will suspend its interest

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares were mostly higher in cautious trading Tuesday as the Federal Reserve and other central banks prepared for the year’s final barrage of interest rate hikes. Oil prices gained more than $1 a barrel. Markets have struggled this year thanks to high inflation and the

BEIJING (AP) — Some Chinese universities say they will allow students to finish the semester from home in hopes of reducing the potential of a bigger COVID-19 outbreak during the January Lunar New Year travel rush. It wasn’t clear how many schools were taking part, but universities in Shanghai and nearby cities said students would

By MATT O’BRIEN and BARBARA ORTUTAY AP Technology Writers Elon Musk’s Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organizations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform. The council had

By KEN SWEET AP Business Writer NEW YORK (AP) — The House Financial Services Committee plans to hold a hearing into the collapse of crypto exchange FTX on Tuesday, but its star witness will be missing. Sam Bankman-Fried was scheduled to testify in front of the House Financial Services Committee, along with the company’s current

By MATT O’BRIEN and BARBARA ORTUTAY AP Technology Writers Elon Musk’s Twitter has dissolved its Trust and Safety Council, the advisory group of nearly 100 independent civil, human rights and other organizations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform. The council had

By KEN SWEET AP Business Writer NEW YORK (AP) — The former CEO of failed cryptocurrency firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas at the request of the U.S. government, U.S. and Bahamian authorities said Monday. The arrest was made Monday after the U.S. filed criminal charges that are expected to be

By JOHN FLESHER AP Environmental Writer TRAVERSE CITY, Mich. (AP) — Four Native American tribes in Michigan have agreed with the state and federal governments on a revised fishing policy for parts of the Great Lakes. The tentative deal covers sections of Lake Michigan, Lake Huron and Lake Superior included in an 1836 treaty that