AP National Business

LOS ANGELES (AP) — A man who ran two California-based investment companies and frequently appeared as a TV financial news analyst was charged Wednesday with securities fraud for allegedly bilking clients out of millions of dollars, federal prosecutors said. James Arthur McDonald Jr., 50, was charged with a single fraud count and could face up

By ALEXANDRA OLSON AP Business Writer NEW YORK (AP) — Home Depot workers in Philadelphia have filed a petition with the federal labor board to form what could be the first store-wide union at the world’s largest home improvement retailer. The petition, filed with the National Labor Relations Board, seeks to form a collective bargaining

NEW YORK (AP) — A Fox News Channel original, Trace Gallagher, was named anchor of the “Fox News @ Night” hour that airs at midnight on the East Coast, the network said Wednesday. A veteran news reporter based in Los Angeles, Gallagher has been with the network since its inception in 1996. He replaces Shannon

By KARL RITTER Associated Press KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy said early Thursday that 215 Ukrainian and foreign citizens have been released by Russia in a prisoner exchange. In his nightly address, Zelenskyy said 200 of the prisoners were returned in exchange for Viktor Medvedchuk, the former leader of a Ukrainian pro-Russian

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A last-minute deal prevented a railroad strike for now, but many rail workers remain unhappy with working conditions. Handfuls of workers gathered outside railyards across the country Wednesday in pickets organized by a newly formed workers group separate from the 12 unions that negotiated the

By The Associated Press UNITED NATIONS (AP) — Ukrainian President Volodymyr Zelenskyy delivered the lone video speech at the U.N. General Assembly. While the summit returned fully in-person to U.N. headquarters in New York, member states overwhelmingly voted last Friday to allow the head of the war-torn nation to address the hall. But there were

By KEN SWEET AP Business Writer WASHINGTON (AP) — The CEOs of the nation’s biggest banks have appeared in front of Congress and given a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing. JPMorgan Chase’s Jamie Dimon, Citigroup’s Jane Fraser and other chief executives said the U.S.

By KEN RITTER Associated Press LAS VEGAS (AP) — After a decade in limbo, Nevada is pressing U.S. nuclear regulators to finally kill a mothballed proposal to entomb the nation’s most radioactive waste beneath a windswept volcanic ridge north of Las Vegas. “The time has come to put this long-dormant and unproven federal project out

ORLANDO, Fla. (AP) — A Florida man who fled the U.S. and was eventually arrested in Croatia has pleaded guilty to stealing more than $7.2 million in COVID-19 relief funds. Court records show that 46-year-old Don Cisternino pleaded guilty Tuesday in Orlando federal court to wire fraud, aggravated identity theft and illegal monetary transaction. He

BY FATIMA HUSSEIN Associated Press WASHINGTON (AP) — On the same day the Federal Reserve gave a sobering report on the U.S. economy’s trajectory, administration officials highlighted how they have kept some of the nation’s smallest businesses afloat through the pandemic. Roughly $8.28 billion has been disbursed to 162 community financial institutions across the country,

By STEPHEN SMITH Associated Press NEW ORLEANS (AP) — Actor Anthony Mackie was not carrying his Captain America shield when he returned to his hometown of New Orleans to help repair hurricane-damaged roofs but for people in his old neighborhood knowing their tarp-covered roofs were getting repaired was a blockbuster hit. Mackie is working with

By COLLEEN BARRY AP Fashion Writer MILAN (AP) — Milan Fashion Week opened Wednesday with a sense of renewal. The calendar returned to near pre-COVID levels with 68 runway shows, 104 presentations and 30 events.  A crop of new designers fill the five-day calendar, including many of color for perhaps the most diverse week of

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed lower Wednesday after the Federal Reserve made another big interest rate hike and sharply increased its outlook for how high it expects to raise rates in coming months. Short-term Treasury yields pushed further into multiyear highs after the central bank raised its benchmark

By THALIA BEATY Associated Press NEW YORK (AP) — Bill Gates and Melinda French Gates combined characteristic optimism with sobering questions about persistent gender inequality and hunger at an event the Gateses’ foundation convened on the sidelines of the U.N. General Assembly. The annual Goalkeepers events focus on reaching global development goals set in 2015

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Senate has taken major action to address climate change by ratifying an international agreement that compels the United States and other countries to limit use of hydrofluorocarbons. Those highly potent greenhouse gases are commonly used in refrigeration and air conditioning and are more powerful than carbon

By KARL RITTER Associated Press KYIV, Ukraine (AP) — Russian President Vladimir Putin ordered a partial mobilization of reservists Wednesday to bolster his forces in Ukraine, a deeply unpopular move that sparked rare protests across the country and led to almost 1,200 arrests. The risky order follows humiliating setbacks for Putin’s troops nearly seven months

By DÁNICA COTO Associated Press CAGUAS, Puerto Rico (AP) — More than a half million people in Puerto Rico remained without water service three days after Hurricane Fiona slammed into the U.S. territory, and many spent hours in lines Wednesday to fill jugs from water trucks while others scooped water from mountain runoff. Sweat rolled

By The Associated Press DUBAI, United Arab Emirates (AP) — Iranians experienced a widespread internet outage on Wednesday amid days of mass protests against the government, including a loss of access to Instagram and WhatsApp, two of the last Western social media platforms available in the country. An Iranian official had earlier hinted that such

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks bounced around and bond yields snapped higher Wednesday after the Federal Reserve made its third big interest rate hike in a row and sharply increased its outlook for how high it expects to raise rates in coming months. Treasury yields pushed further into multiyear