AP National Business

CAIRO (AP) — A Hong Kong-flagged ship briefly ran aground in Egypt’s vital Suez Canal, though authorities said they were able to refloat it after it momentarily disrupted the waterway. The Xin Hai Tong 23 ran aground Thursday at the southern mouth of the Suez Canal. The Suez Canal Authority said that traffic in the

FRANKFURT, Germany (AP) — More than 500 companies have suspended their business in Russia, and a similar number have withdrawn completely. A database kept by Yale University shows an additional 151 are “scaling back,” 175 are “buying time” and 230 are “digging in.” Chinese companies figure prominently in the last category. Volkswagen closed a long-delayed

By ADAM BEAM Associated Press RICHMOND, Calif. (AP) — California regulators say the state is unlikely to run out of electricity this summer because of a big increase in power storage and a wet winter that filled the state’s reservoirs enough to restart hydroelectric power plants that were dormant during the drought. The nation’s most

By SOPHENG CHEANG and GRANT PECK Associated Press PHNOM PENH, Cambodia (AP) — A labor union leader who led a long-running strike against Cambodia’s biggest casino has been sentenced to two years in prison for incitement to commit a felony, while eight fellow union members received lesser terms that do not include time behind bars.

By JEFF AMY Associated Press WAYNESBORO, Ga. (AP) — The first of two nuclear reactors in Georgia is generating electricity and could be days away from achieving full-power operation. But the new units at Georgia Power Co.’s Plant Vogtle are $17 billion over budget and running seven years late. Customers of multiple Georgia utilities are

By LISA MASCARO and STEPHEN GROVES Associated Press WASHINGTON (AP) — House Republicans are pushing debt ceiling talks to the brink, displaying risky political bravado as they prepare to leave town Thursday for the holiday weekend just days before the U.S. could face an unprecedented default that could hurl the global economy into chaos. A

By JEFF AMY Associated Press WAYNESBORO, Ga. (AP) — Two nuclear reactors in Georgia were supposed to herald a nuclear power revival in the United States. But the project is seven years late and $17 billion over budget as Georgia Power Co. announced the first new reactor at its Plant Vogtle could reach full electrical

By SEUNG MIN KIM Associated Press WASHINGTON (AP) — There was Kevin McCarthy, saying the White House was refusing to give on spending as the speaker returned to the Capitol one morning this week. Just a few short hours later, there was McCarthy again, this time telling reporters that the sole concession that Republicans were

By DAVID KOENIG AP Airlines Writer The unofficial start of the summer travel season is here, with airlines hoping to avoid the chaos of last year and travelers scrounging for ways to save a few bucks on pricey airfares and hotel rooms. Some travelers say they will settle for fewer trips than they hoped to

By ELAINE KURTENBACH AP Business Writer Shares were mostly lower in Asia on Thursday as worries about the U.S. economy and a possible default on U.S. government debt pulled Wall Street lower. Japan’s benchmark Nikkei 225 index advanced 0.4% to 30,801.13, extending recent gains as investors bet on higher returns from Japanese companies. Hong Kong’s

By BARBARA ORTUTAY AP Technology Writer Elon Musk wants to turn Twitter into a “digital town square,” but his much-publicized Twitter Spaces kickoff event, with Florida Gov. Ron DeSantis announcing his run for president, struggled with technical glitches and a near half-hour delay Tuesday. The billionaire Twitter owner said the problems were due to “straining”

By LISA MASCARO and STEPHEN GROVES Associated Press WASHINGTON (AP) — A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault” after he sent Republican negotiators to the White House to finish out debt limit talks. But he’s warning that the two sides need more time as they try to

By GABE STERN Associated Press/Report for America CARSON CITY, Nev. (AP) — Republican Nevada Gov. Joe Lombardo announced Wednesday a tentative agreement with the Oakland Athletics and legislative leaders for a stadium funding plan after weeks of negotiations over how much the state will contribute to a $1.5 billion Las Vegas ballpark. The tentative agreement

By FRANK BAJAK AP Technology Writer BOSTON (AP) — State-backed Chinese hackers have been targeting U.S. critical infrastructure and could be laying the technical groundwork for the potential disruption of critical communications between the U.S. and Asia during future crises, Microsoft said Wednesday. The targets include sites in Guam, where the U.S. has a major

By JENNIFER McDERMOTT Associated Press NEW BEDFORD, Mass. (AP) — The vessel UHF Felicity pulled into the port of New Bedford shortly before 5:00 Wednesday afternoon carrying massive parts for offshore wind turbines. New Bedford was once known as the city that lit the world, exporting whale oil for lamps in the early 1800s. Workers

By COLLEEN BARRY AP Fashion Writer STRESA, Italy (AP) — Destination cruise shows are among the fashion world’s most ambitious, winging the fashion crowd to some of the planet’s most scenic locations.  As with real-life getaways, sometimes the weather does not cooperate. So it was with Nicholas Ghesquiere’s Louis Vuitton 2024 Cruise show Wednesday. Originally

By MICHAEL RUBINKAM Associated Press Shell has agreed to pay $10 million to resolve allegations that it polluted the air around its massive new petrochemical refinery in western Pennsylvania, the administration of Gov. Josh Shapiro announced Wednesday. Shell acknowledged that the plant, located along the Ohio River about 30 miles (48 kilometers) outside of Pittsburgh,

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Associated Press WASHINGTON (AP) — Target is removing some items and making other changes to its LGBTQ+ merchandise nationwide after intense backlash from some shoppers ahead of Pride month. In a Tuesday statement, Target pointed to hostile behavior from customers that has impacted employees’ sense of safety. Target said that customers knocked down Pride displays

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