AP National Business

WASHINGTON (AP) — Federal investigators say a mistake by the captain of an American Airlines flight caused the plane’s wing to clip the ground during takeoff from New York’s John F. Kennedy International Airport in 2019. The National Transportation Safety Board says the captain applied too much rudder power to offset a crosswind, causing the

LONDON (AP) — Unilever says it raised prices by more than 11% between April and June as inflation surged. The consumer goods giant said Tuesday that underlying sales growth of 8.1% in the first half of the year was driven by rising prices to offset the higher costs it paid to create everything from Ben

By KIM COOK Associated Press The thermostat has officially hit swelter. Whether you’re trying to play in the backyard or just chill outdoors, there’s a bunch of new ideas and gear designed to help everyone stay cool. First, architects say there are simple ways to make an outdoor space more heat-wave friendly. Make sure you

By ALEX VEIGA AP Business Writer Stocks are lower on Wall Street in afternoon trading Tuesday after Walmart warned that inflation was negatively impacting American consumers’ spending power. The S&P 500 was down 1.3% as of 2:42 p.m. Eastern, wiping out modest gains from a day earlier. The Dow Jones Industrial Average was down 247

NEW YORK (AP) — U.S. markets headed toward a lower open Tuesday ahead of what is expected to be another sharp interest rate hike by the Federal Reserve this week and troublesome news from Walmart which is considered a bellwether for consumer spending as well as the broader retail sector. Futures for the Dow Jones

DETROIT (AP) — U.S. safety regulators have opened three investigations into safety problems with about 1.65 million vehicles made by Stellantis. The largest probe covers 1.34 million Jeep Cherokee small SUVs from the 2014 through 2020 model years. The National Highway Traffic Safety Administration says it has 80 complaints that the electronic parking brakes can

By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and caused the company’s U.S. sales to fall more than 15%. The Detroit automaker said it made $1.67 billion from April through June, in part because

By DEE-ANN DURBIN AP Business Writer Coca-Cola posted higher-than-expected sales in the second quarter due to price increases and continuing improvement in demand at restaurants and other venues. The Atlanta-based company said revenue grew 12% in the April-June period to $11.3 billion. That was well ahead of the $10.56 billion Wall Street forecast, according to

BRUSSELS (AP) — European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine. EU energy ministers approved a draft European law designed to lower demand for gas by 15% from August through March. The legislation entails voluntary

By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and caused the company’s U.S. sales to fall more than 15%. The Detroit automaker said it made $1.67 billion from April through June, in part because

BERLIN (AP) — Lufthansa says it will have to cancel almost all flights at its main Frankfurt and Munich hubs Wednesday because of a strike by its German ground staff. The labor strife is the latest travel turmoil to hit Europe. The airline said Tuesday that the strike will force the cancellation of 678 flights

By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and caused the company’s U.S. sales to fall more than 15%. The Detroit automaker said it made $1.67 billion from April through June, in part because

By JIM VERTUNO Associated Press AUSTIN, Texas (AP) — A Texas jury will hear the first testimony Tuesday in a civil lawsuit to decide how much Infowars host and conspiracy theorist Alex Jones must pay Sandy Hook Elementary School parents for falsely telling his audience that the deadliest classroom shooting in U.S. history was a

By THALIA BEATY Associated Press NEW YORK (AP) — The Rockefeller Foundation, created with wealth generated from the oil industry more than a century ago, plans to make the fight against climate change central to all of its work, including its operations and investments. In a public letter released Tuesday, foundation president, Dr. Rajiv J.