AP National Business

MORGAN LEE Associated Press SANTA FE, N.M. (AP) — A sheriff’s department submitted on Thursday its investigative findings to prosecutors in the death of a cinematographer shot and killed by Alec Baldwin on a film set in New Mexico in October 2021. Santa Fe Sheriff’s Office spokesman Juan Ríos said that two binders of information

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS has hired an additional 4,000 customer service representatives who are being trained to answer taxpayer questions during the 2023 tax filing season. It’s part of the new hiring made possible when Congress gave the agency an $80 billion boost through its flagship climate and health

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Businesses are increasingly worried about the renewed threat of a railroad strike after two unions rejected their deals, and they want the White House and Congress to be ready to intervene. A coalition of 322 business groups sent a letter to President Joe Biden Thursday

FARMERSVILLE, Texas (AP) — Federal investigators say a valve leak and a spark of unknown origin combined to cause a North Texas natural gas pipeline explosion last year that killed two workers and injured two others. In a report issued Wednesday, the National Transportation Safety Board said a work crew was inserting an inline tool

GRANITE FALLS, Minn. (AP) — A decommissioned coal-fired power plant in western Minnesota has crashed to the ground with a thunderous boom as part of a planned implosion that marks the end of an era in Granite Falls. Minnesota Public Radio News reports that Xcel Energy used explosives to implode the Minnesota Valley Generating Station

By MICHAEL LIEDTKE AP Technology Writer Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn’t necessarily mean the iPhone maker will be immune to a potential recession. Even though Apple fared reasonably well, the July-September results released Thursday

The Associated Press Stocks ended mixed on Wall Street as weakness in several tech companies offset gains in other parts of the market. Facebook’s parent company, Meta Platforms, lost another one-fourth of its value after reporting a second straight quarter of revenue decline amid falling advertising sales and stiff competition from TikTok. That followed weak

By MATTHEW DALY Associated Press WASHINGTON (AP) — President Joe Biden has signed an international agreement that compels the United States and other countries to limit use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigeration and air conditioning that are far more powerful than carbon dioxide. The Senate ratified the so-called Kigali Amendment

By The Associated Press On Oct. 4, Elon Musk reversed himself and offered to honor his original proposal to buy Twitter for $44 billion — a deal he had spent the previous several months trying to wriggle out of. He made the latest offer just two weeks before a Twitter lawsuit aimed at forcing Musk

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Caterpillar Inc., up $15.18 to $212.14. The construction equipment company handily beat analysts’ third-quarter profit forecasts. Meta Platforms Inc., down $31.88 to $97.94. Facebook’s parent reported weak third-quarter profits as social media companies deal with a broad drop in advertising spending.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street delivered another mixed finish for stocks Thursday, as disappointing quarterly results from several big tech companies offset gains elsewhere in the market. The S&P 500 fell 0.6%, with about 44% of stocks within the benchmark index losing ground. The tech-heavy Nasdaq fell 1.6%,

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A second consecutive quarter of economic growth underscored Thursday that the nation isn’t in a recession despite high inflation and the Federal Reserve’s fastest pace of interest rate hikes in four decades. Yet the U.S. economy is hardly in the clear. The solid growth last quarter

By MEGAN JANETSKY Associated Press HAVANA (AP) — Hurricane Ian caused an island-wide blackout when it tore through western Cuba in late September. That left the government grappling with a deepening energy crisis and simmering discontent. It also once again thrust the Caribbean island into the middle of a tug-of-war between its seaside neighbor, the

By DEE-ANN DURBIN AP Business Writer A bipartisan group of attorneys general is asking Albertsons to delay a $4 billion payout to its shareholders until they can complete a review of Kroger’s planned acquisition of the grocery chain. Kroger earlier this month announced it was paying $20 billion to buy Albertsons. The deal is expected

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stock indexes are mixed on Wall Street in afternoon trading Thursday as more big companies report quarterly results. The S&P 500 fell 0.4% as of 3:25 p.m. Eastern. Roughly 60% of stocks within the benchmark index gained ground, but slides in several big technology stocks

By MATT O’BRIEN and TOM KRISHER AP Technology Writers Elon Musk attempted to soothe leery Twitter advertisers Thursday, a day before a deadline to close out on his $44 billion acquisition of the social media platform, saying that he is buying the platform to help humanity and doesn’t want it to become a “free-for-all hellscape.”

TALLINN, Estonia (AP) — A court in Belarus has sentenced another independent journalist to three years in prison. It’s the second prison sentence handed to a journalist in the county this week in a sweeping, years-long crackdown on independent media. According to the Belarusian Association of Journalists, Aliaksandr Liubianchuk was convicted on the charges of