AP National Business

By STAN CHOE and ALEX VEIGA AP Business Writers A choppy day of trading on Wall Street ended with stocks broadly lower Friday, after a new report showed that inflation is slowing less than hoped just days before Federal Reserve officials are expected to raise interest rates again. The S&P 500 and Nasdaq composite each

GEORGETOWN, Guyana (AP) — Guyana has opened bidding on 14 new offshore oil and gas blocks, hoping to capitalize on interest in lucrative fields that are expected to make the South American nation a major oil producer. Guyana is home to one of the largest oil discoveries in the last decade. In 2019, two years

By SCOTT SONNER Associated Press RENO, Nev. (AP) — Pulled from a sunken trunk at an 1857 shipwreck off the coast of North Carolina, work pants that auction officials describe as the oldest known pair of jeans in the world have sold for $114,000. The white, heavy-duty miner’s pants with a five-button fly were among

By STAN CHOE and ALEX VEIGA AP Business Writers Stocks are edging lower on Wall Street Friday and bond yields are rising after a report showed inflation is slowing, though not by as much as hoped. The S&P 500 was 0.1% lower in afternoon trading after earlier shifting between small gains and losses. The Dow

By CURT ANDERSON Associated Press ST. PETERSBURG, Fla. (AP) — Production of oranges in Florida this season is forecast to be down 36% from earlier estimates, in part a reflection of twin hurricanes that battered growing regions, according to U.S. Agriculture Department figures released Friday. The latest forecast calls for about 18 million boxes of

FORT WORTH, Texas (AP) — American Airlines and JetBlue are expanding their partnership in the Northeast even while the government tries to kill the airlines’ agreement. American and JetBlue said Friday they plan to add some new routes in New York and Boston next spring. And they will trade places on New York-to-Atlanta flights, with

By BASSEM MROUE Associated Press BEIRUT (AP) — Lebanon’s state-run news agency and a judicial official say a Lebanese actress with links to the country’s controversial Central Bank governor was briefly arrested after she answered summons and showed up for questioning at the Beirut prosecutors office. She was released hours later on Friday on condition

GEORGETOWN, Guyana (AP) — Guyana has opened bidding on 14 new offshore oil and gas blocks, hoping to capitalize on interest in lucrative fields that are expected to make the South American nation a major oil producer. Guyana is home to one of the largest oil discoveries in the last decade. In 2019, two years

By TOM KRISHER AP Auto Writer DETROIT (AP) — U.S. safety regulators and Honda Motor Co. are urging drivers once again to make sure their vehicles haven’t been recalled after another person was killed by an exploding Takata air bag. The National Highway Traffic Safety Administration says the person was killed in a crash involving

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The World Trade Organization has rejected the 2018 import taxes that then-President Donald Trump imposed on foreign steel and aluminum, saying they violated global trade rules. Trump’s tariffs of 25% on foreign steel and 10% on aluminum outraged America’s long-standing allies, including the European Union and

By JOHN HANNA, RYAN J. FOLEY and HEATHER HOLLINGSWORTH Associated Press TOPEKA, Kan. (AP) — A ruptured pipe dumped enough oil this week into a northeastern Kansas creek to nearly fill an Olympic-sized swimming pool, becoming the largest onshore crude pipeline spill in nine years and surpassing all the previous ones on the same pipeline

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Treasury Department says it is imposing sanctions on a broad array of people and companies around the world for corruption and human rights abuses — from illegal fishing operations in Chinese waters to kickbacks in Guatemala. The sanctions on Friday are a recognition of International Anti-Corruption

By DEREK GATOPOULOS Associated Press ATHENS, Greece (AP) — Lawmakers in Greece have approved legislation banning commercial spyware and reforming rules for legally-sanctioned wiretaps following allegations that senior government officials and journalists had been targeted by shadowy surveillance software. Friday’s 156-142 vote in parliament followed two days of debate, during which opposition lawmakers accused the government

By CARLA BRIDI Associated Press BRASILIA, Brazil (AP) — Brazil’s President-elect Luiz Inácio Lula da Silva is unveiling some of the faces that will comprise his incoming administration, including his much-awaited pick for finance minister: former Sao Paulo mayor Fernando Haddad. Haddad’s nomination ends weeks of suspense that have led to stock market volatility amid

PARIS (AP) — French energy giant TotalEnergies says it will walk away from its stake in Russian natural gas producer Novatek and take a $3.7 billion loss. The company has come under criticism for pursuing some of its activities in Russia amid the war in Ukraine. TotalEnergies said Friday it will no longer account for

NASHVILLE, Tenn. (AP) — The rulemaking arm of Tennessee’s high school sports oversight organization has made a change that allows student athletes to profit off their name, image and likeness. A news release from the Tennessee Secondary School Athletic Association says its legislative council voted for the change on Thursday, effective immediately. Students could receive

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Treasury Department says it’s sanctioning a group of companies and people linked to illegal fishing operations and human rights abuses in Chinese waters. One company is accused of maintaining working conditions so dangerous that five workers died after 13 months at sea, with three of the

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are drifting on Wall Street Friday after a report showed inflation is slowing, though not by as much as hoped. The S&P 500 was 0.2% higher in midday trading after earlier shifting between very small gains and losses. The Dow Jones Industrial Average was

By TOM KRISHER AP Auto Writer DETROIT (AP) — Workers at a General Motors joint venture electric vehicle battery factory in Ohio have voted to join the United Auto Workers union. About 900 employees at the new plant near Warren, Ohio, are the first to decide on union representation at a battery plant.  The National

NEW YORK (AP) — Stocks are slipping on Wall Street after a report showed inflation is still hotter than expected, even though it is slowing. The S&P 500 was 0.3% lower and on pace for its sixth loss in the last seven days. The trigger was data showing prices at the wholesale level were 7.4%