AP National Business

By ALEX DANIELS of The Chronicle of Philanthropy Chronicle of Philanthropy As the number of immigrants seeking court permission to avoid deportation grows, foundations in Los Angeles have joined with local governments to direct millions of dollars to pay for lawyers to represent the immigrants, an effort they hope will be copied across the country.

By KATHLEEN FOODY Associated Press CHICAGO (AP) — Nearly a dozen lawsuits in Illinois accuse gun-maker Smith & Wesson of illegally targeting young men at risk of violence with ads for firearms. The 11 suits filed Wednesday cite the 22-year-old gunman accused of opening fire on a July Fourth parade in suburban Chicago and killing

By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden on Wednesday warned oil and gas companies against increasing prices for consumers as Hurricane Ian neared landfall along Florida’s southwest coast. “Do not, let me repeat, do not use this as an excuse to raise gasoline prices or gouge the American people,” Biden said

By JILL LAWLESS Associated Press LONDON (AP) — Britain’s new Prime Minister Liz Truss is under pressure to reverse announced tax cuts that have triggered a financial crisis in an already struggling economy. Demands are coming not just from the opposition, but from members of the governing Conservative Party. Conservative lawmakers watched with mounting alarm

By ASHRAF KHALIL and DARLENE SUPERVILLE Associated Press WASHINGTON (AP) — President Joe Biden says his administration’s goal of ending hunger in the U.S. by the end of the decade is ambitious but doable, if only the nation would work together. It was the president at his most optimistic, sketching out a future where no

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Bond markets around the world are relaxing Wednesday after London’s central bank pledged to do whatever’s needed to restore calm in its financial markets. The move comes amid heightened concerns about the potential for economies worldwide slipping into a recession as the hottest inflation

By LORNE COOK and SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — European Union officials say the 27-nation bloc should impose “biting sanctions” on Russian trade and hit officials responsible for “sham referendums” held in parts of Ukraine. European Commission President Ursula von der Leyen said the Kremlin-orchestrated referendums on joining Russia “are an illegal attempt

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — Oil and natural gas spills from tankers and pipelines in U.S. waters dropped dramatically from the last decade of the 1990s to the one from 2010 through 2019, according to a federal report Wednesday. The amounts spilled and dumped in wastewater from drilling rigs and production

By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — Austria says it will start checks at its border crossings with Slovakia following a similar decision by the Czech Republic. The government said Wednesday the new measure becomes effective at midnight. The Austrian Interior Ministry says the border controls are intended to prevent migrant-smugglers from using Austria

By KIM COOK Associated Press Chances are if you’ve been to a great restaurant, bar or hotel, you’ve snagged a coaster, matchbook, napkin or card key. Mementoes like these help us remember a fun experience. You may hesitate before you pocket one, wondering if that’s OK. But don’t worry. Hospitality and branding industry folks say

By DANICA KIRKA and JILL LAWLESS Associated Press LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt

By JON GAMBRELL and ADAM SCHRECK Associated Press KYIV, Ukraine (AP) — Russia positioned itself Wednesday to formally annex parts of Ukraine where occupied areas held a Kremlin-orchestrated “referendum” on living under Moscow’s rule that the Ukrainian government and the West denounced as illegal and rigged. Armed troops had gone door-to-door with election officials to

By DAVID BAUDER AP Media Writer NEW YORK (AP) — For more than half a century, ABC, CBS and NBC have aired evening newscasts each weeknight on television. This fall, the competition has spread to another medium. With the launch of “CBS News Prime Time” with John Dickerson a few weeks ago, all three networks

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Bond markets around the world are relaxing Wednesday after London’s central bank pledged to do whatever’s needed to restore calm in its financial markets. The move comes amid heightened concerns about the potential for economies worldwide slipping into a recession as the hottest inflation

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — German automaker Volkswagen is holding a share offering for a minority stake in its luxury division, Porsche. And it will rank among the largest in European history. Volkswagen could reap as much as 9.5 billion euros to fund its push into electric cars and software.

By TOM MURPHY AP Health Writer Shares of Biogen and other drugmakers researching Alzheimer’s disease soared Wednesday after Japan’s Eisai Co. said its potential treatment appeared to slow the fatal disease in a late-stage study. The drugmaker said early results showed that its treatment, lecanemab, reduced patient clinical decline by 27% when compared to a

By ELAINE KURTENBACH and MATT OTT AP Business Writers U.S. markets were poised to open lower on Wednesday as investors fret over the prospect of a possible recession while another global currency came under pressure. Futures for the Dow Jones industrials slipped 0.4% and futures for the S&P 500 tumbled 0.6%. China’s yuan recovered slightly

BY ANDREA RODRÍGUEZ Associated Press HAVANA (AP) — Cuban officials said they had begun to restore some power Wednesday after Hurricane Ian knocked out electricity to the entire island while devastating some of the country’s most important tobacco farms when it hit the island’s western tip as a major storm. At least two people were

By ELDAR EMRIC Associated Press SARAJEVO, Bosnia-Herzegovina (AP) — Bosnian Serb separatist leader Milorad Dodik is facing an election this weekend and he has blasted the West and praised Vladimir Putin over his policies in the Balkans. Dodik said late Tuesday that he’s a rare European politician who can meet the Russian president anytime he

By SYLVIE CORBET and JADE LE DELEY PARIS (AP) — A French Senate delegation says sexual and physical abuse in France’s porn industry is “systemic” and lawmakers should better regulate the production of violent videos. The report released on Wednesday was the first prepared for the French parliament to focus on the porn industry. The