AP National Business

SAN SALVADOR, El Salvador (AP) — Journalists from an investigative news outlet in El Salvador have sued NSO Group in U.S. federal court after the Israeli firm’s powerful Pegasus spyware was detected on their iPhones. In January, the University of Toronto’s Citizen Lab internet watchdog reported that dozens of journalists and human rights defenders in

NEW YORK (AP) — Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it. Pressure has been mounting on Amazon to discontinue sale of the film, called “Hebrews to Negroes:

By KEN SWEET AP Business Writer NEW YORK (AP) — The former CEO of the failed cryptocurrency exchange FTX said Wednesday that he did not ’knowingly” misuse customers’ funds, and claimed he believes his millions of angry customers will eventually be made whole. The comments from Sam Bankman-Fried came during an interview with Andrew Ross

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Biogen, Wayfair rise; CrowdStrike, NetApp fall.

The Associated Press Stocks rallied on Wall Street after the head of the Federal Reserve said the central bank could soon ease up on its aggressive pace of interest rate hikes aimed at taming inflation. While citing some signs that inflation is cooling, Fed Chair Jerome Powell stressed Wednesday that the Fed will push rates

By ANDREW WELSH-HUGGINS and KANTELE FRANKO Associated Press COLUMBUS, Ohio (AP) — The Ohio Supreme Court has rejected a city’s argument that the streaming services Netflix and Hulu should have to pay local governments the same fees levied on cable operators. At issue was Ohio’s 2007 Video Service Authorization law, which directed the state Commerce

By KELVIN CHAN AP Business Writer LONDON (AP) — A top European Union official warned Elon Musk on Wednesday that Twitter needs to beef up measures to protect users from hate speech, misinformation and other harmful content to avoid violating new rules that threaten tech giants with big fines or even a ban in the

By BERNIE WILSON AP Sports Writer SAN DIEGO (AP) — It’s the middle of the afternoon and Jada Williams begins a live stream on Instagram. In a heartbeat, more than 1,000 of her 671,000 followers join the broadcast and begin typing in questions and comments. Williams does her best to follow along as the comments

By AMY TAXIN and STEFANIE DAZIO Associated Press RIVERSIDE, Calif. (AP) — A Virginia sheriff’s deputy posed as a 17-year-old boy online and asked a teenage California girl for nude photos before he drove across the country and killed her mother and grandparents and set fire to their home, authorities said Wednesday. Austin Lee Edwards,

LORDSTOWN, Ohio (AP) — Commercial electric vehicle startup Lordstown Motors has received approval to ship the first batch of its first model, the Endurance pickup. The company announced Tuesday that the first units of the initial batch of 500 trucks were leaving the plant after they passed safety tests and hit several key benchmarks needed

By ASHRAF KHALIL Associated Press WASHINGTON (AP) — Staffers at Bread for the City, a venerable charity in the nation’s capital, thought they were prepared for this year’s annual pre-Thanksgiving Holiday Helpers food giveaway. The pandemic had faded, but inflation was high, so they budgeted to give out 12,000 meals, 20% higher than normal pre-pandemic

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street closed out a solid November with a broad market rally Wednesday after the head of the Federal Reserve said the central bank could soon begin easing up on its aggressive interest rate increases aimed at taming inflation. Fed Chair Jerome Powell, speaking at

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Wednesday in remarks likely intended to underscore the Fed’s single-minded focus on combating stubborn inflation. Yet in a speech at the Brookings Institution, Powell

GUATEMALA CITY (AP) — The prominent Guatemalan investigative newspaper “El Periodico” has announced it is stopping its print edition, after the government arrested the paper’s president. José Rubén Zamora was arrested in July on a charge of money laundering. All of the paper’s reporters have been let go, and it is not clear how it

By AMY TAXIN and STEFANIE DAZIO Associated Press RIVERSIDE, Calif. (AP) — Authorities are investigating whether a Virginia sheriff’s deputy posed as a 17-year-old boy online to groom and sexually extort a teenage girl in California before driving across the country and killing her mother and grandparents and setting fire to their home. Austin Lee

By KEVIN FREKING and JOSH FUNK Associated Press WASHINGTON (AP) — The U.S. House moved urgently to head off the looming nationwide rail strike on Wednesday, passing a bill that would bind companies and workers to a proposed settlement that was reached in September but rejected by some of the 12 unions involved. The measure

TEMPE, Ariz. (AP) — The Tempe City Council has unanimously approved a proposal for a new Arizona Coyotes arena and entertainment district, clearing the way for a public vote on the project next year. The City Council approved the proposal 7-0 late Tuesday night after a lengthy meeting that included NHL Commissioner Gary Bettman. The

By MICHELLE CHAPMAN AP Business Writer DoorDash is eliminating about 1,250 corporate jobs, or about 6% of its workforce, saying it hired too many people when delivery demand surged during the COVID-19 pandemic. CEO Tony Xu said in a message to employees Wednesday that DoorDash was undersized before the pandemic and sped up hiring to