AP National Business

By KRUTIKA PATHI and SIBI ARASU Associated Press NEW DELHI (AP) — Asia’s richest man, Gautam Adani, made his vast fortune betting on coal as an energy hungry India grew swiftly after liberalizing its economy in the 1990s. He’s now set his sights on becoming the world’s biggest renewable energy player, by 2030, by promising

By JOSH BOAK and AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden signed a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into a catastrophic recession. At the White House, Biden signed a measure passed Thursday by the Senate and Wednesday by the House. It

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a 53-year

By STAN CHOE and ALEX VEIGA AP Business Writers Worries about inflation are dragging on Wall Street Friday after a report showed wages for U.S. workers are accelerating, which is good news for them but could feed into even higher inflation for the nation. The S&P 500 was 0.6% lower in afternoon trading and on

By STEPHEN McGRATH and CRISTIAN JARDAN Associated Press CHISINAU, Moldova (AP) — A key electrical power plant in a Moscow-backed breakaway region of Moldova will not resume energy supplies to the rest of the country after officials failed to reach any agreements on Friday amid an acute energy crisis, authorities said. The meetings held Friday

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Prosecutors have resumed their closing argument in the Trump Organization’s criminal tax fraud trial, promising to share previously unrevealed details about Donald Trump’s knowledge of a tax dodge scheme hatched by one of his top executives. Assistant Manhattan District Attorney Joshua Steinglass continued his summary

BOSTON (AP) — A former co-owner of a Massachusetts compounding pharmacy at the center of a nationwide fungal meningitis outbreak that resulted in more than 100 patient deaths has been sentenced to a year in prison for conspiring to defraud the federal government. Federal prosecutors said Thursday that 57-year-old Gregory Conigliaro was the New England

KUALA LUMPUR. Malaysia (AP) — New Malaysian Prime Minister Anwar Ibrahim says he will also serve as finance minister as he unveiled a leaner Cabinet with many new faces in his unity government. In a move that appears to contradict his anti-corruption platform, Anwar also named the graft-tainted head of a smaller bloc as one

By DAVE COLLINS and JILL BLEED Associated Press Infowars host Alex Jones has filed for personal bankruptcy protection in Texas. Jones cites debts that include nearly $1.5 billion he has been ordered to pay to families who sued him over his conspiracy theories about the Sandy Hook school massacre. He filed for Chapter 11 bankruptcy

By AMANDA SEITZ Associated Press WASHINGTON (AP) — The United States’ 988 call service for helping anyone experiencing a mental health emergency is back up and running after a daylong outage. The hotline was out of service Thursday but was restored shortly before midnight and was running Friday. People experiencing a mental health crisis were

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a 53-year

By JOSH BOAK Associated Press President Joe Biden will sign a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into recession. The White House said that Biden would sign a measure passed Thursday by the Senate and Wednesday by the House that binds rail companies and workers

NEW YORK (AP) — Stocks are opening lower and Treasury yields are snapping higher after the government reported that wages for U.S. workers are accelerating faster than expected. Friday’s report raised concerns that inflation may prove to be even stickier than feared, which could hinder the Federal Reserve from easing back on its big interest-rate

By ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street is set to fall when trading opens Friday on renewed worries about inflation after a report showed wages for U.S. workers are accelerating faster than expected. Futures for U.S. stock indexes fell sharply immediately after the government released the stronger-than-expected data on both wages

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a 53-year

By ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street was listless early Friday ahead of the government’s monthly jobs report, which could reveal whether the job market has loosened enough to impact the Fed’s rate hike decision later this month. Futures for the Dow Jones industrials and the S&P 500 were essentially flat

BERLIN (AP) — Germany has welcomed President Joe Biden’s apparent willingness to discuss tweaking U.S. legislation that European leaders say unfairly discriminates against their industries. Biden had acknowledged during a visit to Washington by French President Emmanuel Macron on Thursday that there were “glitches” in the Inflation Reduction Act, which favors American-made climate technology for

Associated Press Twitter has suspended rapper Ye after he tweeted a picture of a swastika merged with the Star of David. It is the second time this year that Ye has been suspended from the platform over antisemitic posts. Twitter CEO Elon Musk confirmed the suspension by replying to Ye’s post of an unflattering photo

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s parliament has approved a hefty 29 trillion yen ($216 billion) supplementary budget to fund measures to counter the blow to household finances from rising food and utility costs and the weaker yen. The budget approved Friday is the second batch of supplementary spending this year to

By TARA COPP Associated Press PALMDALE , Calif. (AP) — America’s newest nuclear stealth bomber made its debut Friday after years of secret development and as part of the Pentagon’s answer to rising concerns over a future conflict with China. The B-21 Raider is the first new American bomber aircraft in more than 30 years.