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AP National Business

Black Californians hope state reparations don’t become another broken promise

By SOPHIE AUSTIN and JANIE HAR Associated Press/Report for America SACRAMENTO, Calif. (AP) — San Francisco resident Pia Harris hopes for reparations in her lifetime. But the nonprofit program director is not confident that California lawmakers will turn the recommendations of a first-in-the-nation task force into concrete legislation given pushback from opponents who say slavery

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Japan’s economy rebounds on healthy consumption as COVID restrictions ease, tourists arrive

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan’s economy has grown at an annual pace of 1.6% in the quarter through March. Data released Wednesday showed private demand rebounded after COVID-19-related restrictions were eased. Japan’s Cabinet Office says real gross domestic product, which measures the sum value of a nation’s products and services,

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Musk says he’s not stepping down as Tesla CEO, tells shareholders the company will advertise

By The Associated Press Elon Musk on Tuesday dismissed speculation that he might step down as Tesla’s CEO and told the company’s annual shareholders meeting that the the electric car and solar panel company would start doing some advertising. “Say it ain’t so,” one shareholder asked Musk about stepping down as Tesla’s leader. “It ain’t

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Biden administration clarifies 1872 Mining Law; says huge Nevada lithium mine can proceed

By SCOTT SONNER and MATTHEW DALY Associated Press RENO, Nevada (AP) — The Biden administration says it has completed a court-ordered review that should ensure construction continues at a Nevada lithium mine, despite legal challenges brought by conservationists and tribal leaders. At the same time, in a broader response to recent U.S. court rulings that

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