AP National Business

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Stocks fell sharply Wednesday as unease flared in far-ranging corners of financial markets, and Wall Street gave back a big chunk of the gains it had built in a rally running up to Election Day. The S&P 500 lost 2.1%, or

By KEN SWEET AP Business Writer NEW YORK (AP) — Cryptocurrency prices plunged for a second-straight day after crypto exchange Binance said it was pulling out of a deal to purchase failing rival FTX Trading. Bitcoin sank to a two-year low after Binance confirmed earlier rumors and news reports that it was ready to back

The Associated Press Wall Street closed sharply lower, giving back a big chunk of the gains built in a three-day rally running up to Election Day. Several sources of disappointment were behind the drop Wednesday. There’s still uncertainty about whether Tuesday’s elections will result in a divided Congress that would prevent the kinds of economic

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: SeaWorld Entertainment Inc., down $3.87 to $52.77. The theme park operator’s third-quarter earnings and revenue fell short of Wall Street forecasts. The Walt Disney Co., down $13.15 to $86.75. The theme park operator and media giant reported weak fiscal fourth-quarter earnings

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street closed sharply lower, giving back a big chunk of the gains built in a three-day rally running up to Election Day. The S&P 500 lost 2.1% Wednesday. Several sources of disappointment were behind the drop. There’s still uncertainty about

By ROB GILLIES Associated Press TORONTO (AP) — Canada’s foreign minister says China is an increasingly disruptive, global power and is warning businesses against deepening their ties, saying it carries “geopolitical risks.”  Foreign Affairs Minister Mélanie Joly made the remarks at the University of Toronto ahead of her government introducing a Indo-Pacific strategy next month.

By NOMAAN MERCHANT and EMILY WAGSTER PETTUS Associated Press WASHINGTON (AP) — No instances of digital interference are known to have affected the counting of the midterm vote after a tense Election Day in which officials were closely monitoring domestic and foreign threats. A few state and local governments appeared to be hit by a

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street is slumping Wednesday and giving back a big chunk of the gains built in a rally running up to Election Day The S&P 500 was down 1.7% in afternoon trading, erasing more than half its gain from what had

By NOMAAN MERCHANT and EMILY WAGSTER PETTUS Associated Press WASHINGTON (AP) — No instances of digital interference are known to have affected the counting of the midterm vote after a tense Election Day in which officials were closely monitoring domestic and foreign threats. A few state and local governments appeared to be hit by a

By MATT O’BRIEN, MAE ANDERSON and BARBARA ORTUTAY Associated Press Elon Musk sought to reassure big companies that advertise on Twitter on Wednesday that his chaotic takeover of the social media platform won’t harm their brands, acknowledging that some “dumb things” might happen on his way to creating what he says will be a better,

By DANIEL POLITI Associated Press BUENOS AIRES, Argentina (AP) — Visitors to Argentina are still not receiving the more favorable exchange rate for credit and debit cards despite last week’s government announcement of it. Numerous visitors have reported that has not been made effective. A high-ranking Central Bank official says the system will take a

By MARIA DI MENTO of The Chronicle of Philanthropy Chronicle of Philanthropy Wealthy donors publicly gave more to mental health last year than in any other year over the past decade: According to a Chronicle of Philanthropy tally of publicized donations of $1 million or more, 15 donors gave 16 such gifts totaling nearly $767

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Inflation? High gas prices? American gamblers are shrugging them off — and losing money at casinos at a record pace. Figures released Wednesday show the U.S. commercial casino industry had its best quarter ever, winning over $15 billion from gamblers in the third quarter of

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The possibility of an economically devastating railroad strike has been pushed back into early December to allow time for engineers and conductors to vote on their agreements with the freight railroads and give more opportunity for the industry to renegotiate with two unions that rejected

By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Writers Now you see a new “official” label on some high-profile Twitter accounts, now you don’t. Twitter began adding gray “official” labels to some high-profile accounts Wednesday to indicate that they are authentic, the latest twist in new owner Elon Musk’s chaotic overhaul of the platform and

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Two Dutch nationals, an Englishman and nine companies have been targeted for sanctions by the U.S. government for allegedly operating an illegal fentanyl ring that generated millions of dollars in virtual currency. Alex Adrianus Martinus Peijnenburg and Martinus Pterus Henri De Koning from the Netherlands and Matthew

By LUJAIN JO Associated Press DOHA, Qatar (AP) — Qatar has unveiled a 6,000-cabin fan village in an isolated lot near its airports, an offering for housing toward the lower end of what’s available for the upcoming World Cup, which is just days away from starting. Journalists toured the cabins on Wednesday as desert winds

By KELVIN CHAN and SETH BORENSTEIN Associated Press SHARM EL-SHEIKH, Egypt (AP) — U.S. climate envoy John Kerry unveiled a plan at the COP27 climate summit to make it easier for private corporations to send cash to the developing world in exchange for looking green at home. Kerry’s plan comes after failure to get Congress

By JILL LAWLESS Associated Press LONDON (AP) — The British government has delayed calling a fresh election in Northern Ireland, hoping to buy time to break an impasse over post-Brexit trade rules that has put the Belfast administration on ice. Northern Ireland Secretary Chris Heaton-Harris said he was giving lawmakers another few weeks to try