AP National Business

By PAUL WISEMAN and MARÍA VERZA The Associated Press WASHINGTON (AP) — The United States is putting pressure on Mexico over energy policies that Washington says unfairly favor Mexico’s state-owned electricity and oil companies over American competitors and clean-energy suppliers. Among the specific issues in dispute is an amendment to Mexican law last year that

By GLENN GAMBOA AP Business Writer NEW YORK (AP) — Donations from Fidelity Charitable climbed 11% to a record $4.8 billion for the first half of 2022. The nation’s largest grantmaker says the growth in payouts from its donor-advised funds paints a far sunnier picture about philanthropy than other recent reports. Donor-advised funds let donors

By IVANA BZGANOVIC Associated Press BELGRADE, Serbia (AP) — Egypt and Serbia have agreed to boost political, economic and other cooperation as the two countries look for ways to deal with the global impact of the Russian invasion of Ukraine. Egypt’s President Abdel-Fattah el-Sissi is in Serbia on a three-day visit this week — the

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Italy’s political turmoil is making life harder for the European Central Bank as it hikes interest rates and raising bad memories of the eurozone debt crisis a decade ago. Premier Mario Draghi has offered to resign, and the threat of political changes as borrowing costs

By ALEX ROSENBERG of NerdWallet Medicare fraud is big business, and the COVID-19 pandemic has provided new opportunities for fraudsters. Fortunately, there are simple actions you can take to protect yourself from Medicare fraud. First, treat your Medicare number like it’s a credit card number or your Social Security number. Share it only with trusted

By KATIE TAM and ZEN SOO Associated Press HONG KONG (AP) — Hong Kong’s annual book fair has kicked off with several publishers of political books prevented from taking part in the fair and others saying they had to be cautious about what they exhibited. The fair’s main organizer, the Hong Kong Trade Development Council,

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union’s head office on Wednesday proposed that member states cut their gas use by 15% over the coming months as the bloc braced for a possible full Russian cutoff of natural gas supplies that could add a big chill to the upcoming winter. While the

By MILES BRANMAN Edmunds There are two key points within the life cycle of a vehicle: the introduction of a fully redesigned model and a significant midlife update. If you’re looking to maximize your new vehicle purchase, knowing these timelines can help you make the best decision. An automaker’s marketing might liberally describe the vehicle

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankan lawmakers have elected the country’s unpopular prime minister as their new president. Wednesday’s choice risks reigniting turmoil in the South Asian nation reeling from economic collapse. The crisis has already forced one Sri Lankan leader out, and a few hundred protesters quickly gathered

By CATHY BUSSEWITZ AP Energy Writer NEW YORK (AP) — When long-haul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an empty

BERLIN (AP) — Germany’s highest court says it has thrown out complaints against a ban on the use of subcontractors in slaughterhouses that was prompted by coronavirus outbreaks early in the pandemic. The Federal Constitutional Court said Wednesday that it rejected complaints by a sausage manufacturer and several temporary employment agencies against the new rules,

By SEUNG MIN KIM and MATTHEW DALY Associated Press SOMERSET, Mass. (AP) — President Joe Biden is preparing to announce new actions on climate change. Just days ago an influential Democratic senator quashed hopes for a sweeping legislative package of new environmental programs this year. Biden’s latest effort comes as he’s set to visit a

LONDON (AP) — Inflation in the United Kingdom has accelerated to a new 40-year high, driven by rising food and fuel prices that are contributing to a cost-of-living crisis. The Office of National Statistics said Wednesday that consumer prices rose 9.4% in the year through June, up from 9.1% the previous month. The new figure

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares advanced in Europe and Asia on Wednesday after Wall Street rallied to its best day in more than three weeks as companies reported strong profits for the past quarter. Germany’s DAX edged 0.1% higher to 13,318.21 while the CAC 40 in Paris also gained 0.1%

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankan lawmakers chose six-time Prime Minister Ranil Wickremesinghe as president Wednesday to succeed the ousted leader who fled the country in a vote that risks reigniting political turmoil in the troubled South Asian island nation. He said he has spent 45 years of his

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankan lawmakers chose six-time Prime Minister Ranil Wickremesinghe as president Wednesday to succeed the ousted leader who fled the country in a vote that risks reigniting political turmoil in the troubled South Asian island nation. Former President Gotabaya Rajapaksa appointed Wickremesinghe as prime minister

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament is voting by secret ballot Wednesday for a new president to lead the country out of the deep political, economic and humanitarian crisis that toppled the previous leader and has left simmering tensions in the island nation. Prime Minister and Acting President

BEIJING (AP) — One person has died in a gas explosion that injured 12 others at a six-story residential building in the Chinese port city of Tianjin. State media said a trapped person pulled out late Tuesday had weak vital signs and died after being taken to a hospital. Three others remain missing. The cause