AP National Business

By JOSH BOAK, ZEKE MILLER and MARI YAMAGUCHI Associated Press HIROSHIMA, Japan (AP) — President Joe Biden is in Japan for global diplomacy in a nation that has already tightened its economic and national security alliance with the U.S. He met privately with Japanese Prime Minister Fumio Kishida before joining the Group of Seven gathering

LONDON (AP) — U.K. telecom company BT Group plans to shed up to 55,000 jobs by the end of the decade as part of an overhaul aimed at slimming down its workforce to slash costs. BT has 130,000 workers including both staff and contractors. The company said in its latest earnings report Thursday that the

By JOE McDONALD AP Business Writer BEIJING (AP) — Global stock markets and Wall Street futures rose Thursday on hopes U.S. political leaders can reach agreement to avoid a potentially disastrous default on government debt. London and Paris opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices edged lower. Wall Street rallied Wednesday after

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — China has opened its doors to Australian timber imports for the first time in more than two years, in another sign that the tattered bilateral relationship is being repaired. Chinese Ambassador to Australia Xiao Qian said the timber ban had been lifted from Thursday because Australian

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street higher on Thursday on hopes U.S. political leaders can reach agreement to avoid a potentially disastrous default on government debt. Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices edged lower. Wall Street rallied Wednesday after President Joe Biden expressed

By CURT ANDERSON Associated Press ST. PETERSBURG, Fla. (AP) — A 9-mile (14-kilometer) stretch of Florida sugar-white sand in an unspoiled natural setting alongside the Gulf of Mexico is the nation’s best beach for 2023, according to the annual ranking released Thursday by the university professor known as “Dr. Beach.” The state park on St.

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered. Finance Ministry data show Japan’s trade deficit totaled 432.4 billion yen, or $3.2 billion, as exports

By BERNARD CONDON Associated Press A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis of a dozen countries most indebted to China — including

By HARM VENHUIZEN Associated Press/Report for America MADISON, Wis. (AP) — Attorneys for a Wisconsin Native American tribe are set to argue Thursday that a federal judge should order an energy company to shut down an oil pipeline that the tribe says is at immediate risk of being exposed by erosion and rupturing on reservation

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street higher on Thursday on hopes U.S. political leaders can reach agreement to avoid a potentially disastrous default on government debt. Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices edged lower. Wall Street rallied Wednesday after President Joe Biden expressed

By JOSH BOAK, ZEKE MILLER and MARI YAMAGUCHI Associated Press HIROSHIMA, Japan (AP) — President Joe Biden arrived in Japan on Thursday and greeted Japanese Prime Minister Fumio Kishida by saying, “When our countries stand together, we stand stronger” — a sign of how the economic and national security alliance between the two countries has

By DAVID BILLER Associated Press RIO DE JANEIRO (AP) — Brazil’s environmental regulator has refused to grant a license for a controversial offshore oil drilling project near the mouth of the Amazon River, prompting celebration from environmentalists who had warned of its potential impact. The agency’s president highlighted environmental concerns in announcing Wednesday’s decision to

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — Months before an election, New Zealand’s government is offering some modest financial relief to many people by making most prescription medicines free and increasing subsidies for childcare and public transportation. But the government’s annual budget plan was notable for its lack of big new initiatives.

By DAVID BILLER Associated Press RIO DE JANEIRO (AP) — Brazil’s environmental regulator refused on Wednesday to grant a license for a controversial offshore oil drilling project near the mouth of the Amazon River, prompting celebration from environmentalists who had warned of its potential impact. The decision to reject the state-run oil company Petrobras’ request

BROWNSVILLE, Texas (AP) — State and federal health officials are warning U.S. residents to cancel planned surgeries in a Mexico border city after five people from Texas developed suspected cases of fungal meningitis. One of those people died. The Texas Department of State Health Services said Tuesday that the five people who became ill traveled