AP National Business

VIENNA, Va. — Cel-Sci: Fiscal Q2 Earnings Snapshot

GRAND RAPIDS, Mich. (AP) — A fourth person has pleaded guilty in a scheme to bribe the head of a Michigan marijuana licensing board. A lobbyist, Brian Pierce, says he conspired to give $42,000 and other benefits to Rick Johnson to help clients with marijuana license applications. This occurred before the board was disbanded in

By MAE ANDERSON AP Business Writer NEW YORK (AP) — Elon Musk is welcoming a veteran ad executive to the helm of Twitter, the social media site the billionaire Tesla CEO had been running since he bought it last fall. Musk announced Friday that he’s hiring Linda Yaccarino to be the new CEO of San

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California’s budget deficit has grown to nearly $32 billion, Gov. Gavin Newsom announced Friday, saying the state’s challenges are partly due to high inflation and a decision to let most people delay filing their taxes because of a series of winter storms. That’s about $10 billion

By WYATTE GRANTHAM-PHILIPS and BARBARA ORTUTAY AP Technology Writers Elon Musk confirmed that the new CEO for Twitter will be NBCUniversal’s Linda Yaccarino, an executive with deep ties to the advertising industry. “I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote in a Friday tweet. He added that Yaccarino

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are slipping Friday as a listless week on Wall Street appears to be heading toward a quiet close, even as big worries continue to roil under the surface. The S&P 500 was 0.5% lower and on pace for a sixth straight week where it

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board. Biden has also chosen Adriana Kugler, a Georgetown University economist, to join the Fed’s board. If confirmed by the Senate, she would

DETROIT (AP) — Chinese safety regulators have ordered Tesla to recall 1.1 million vehicles because drivers might step on the accelerator for too long, increasing the risk of a crash. The State Administration for Market Regulation says in a notice Friday that the recall involves imported S, X and 3 models , and the Chinese-made

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion. That’s due in part to a proposed change to student loan repayment plans and a series of bank rescues. Overall, the agency expects deficits to increase by $20 trillion in the

By JENNA FRYER AP Auto Racing Writer CHARLOTTE, N.C. (AP) — The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system. The Associated Press obtained a copy of the

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Just ahead of what could be a record-breaking summer travel season, pilots from one of the nation’s biggest airlines are preparing to march in picket lines at major airports on Friday as they push for higher pay. The United Airlines pilots have been working without a

FORT LAUDERDALE, Fla. (AP) — McDonald’s and a franchise holder are at fault after a hot Chicken McNugget from a Happy Meal fell on a little girl’s leg and caused second-degree burns, a jury in South Florida found in a case reminiscent of the famous hot coffee lawsuit of the 1990s. A second jury will

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — Cyprus’ defense minister says the island nation is working together with Irish and U.S. military experts to help train two groups of Ukrainian personnel in clearing an untold number of unmarked minefields in their homeland. Replying to an Associated Press query, Minister Michalis Georgallas said Friday

By SUZAN FRASER Associated Press ANKARA, Turkey (AP) — Turkey is heading toward presidential and parliamentary elections on Sunday. President Recep Tayyip has dominated Turkish politics over the past two decades. But he has never appeared more vulnerable to an opposition challenge. The president has tightened his grip on power and steered the country toward

FORT LAUDERDALE, Fla. (AP) — McDonald’s and a franchise holder are at fault after a hot Chicken McNugget from a Happy Meal fell on a little girl’s leg and caused second-degree burns, a jury in South Florida has found. A second jury will determine how much McDonald’s USA and its franchise owner, Upchurch Foods, will

By DAVID SHARP Associated Press PORTLAND, Maine (AP) — The U.S. Postal Service is replacing thousands of antiquated keys used by postal carriers and installing thousands of high-security collection boxes to stop a surge in robberies and mail thefts. The Postal Service announced Friday that it is replacing 49,000 so-called arrow keys with electronic versions

By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Writers Elon Musk said Thursday he has found a new CEO for Twitter, or X Corp. as it’s now called — and it’s a woman. He did not name her but said she will be starting in about six weeks. Musk, who bought Twitter last fall and

By YURI KAGEYAMA and MATT OTT AP Business Writers Wall Street pointed slightly higher early Friday in a mixed week of trading amid ongoing volatility for some regional banks and the potential for a U.S. recession. Futures for the benchmark S&P 500 rose 0.3% and the Dow Jones Industrial Average ticked 0.4% higher. Investors have

By PREDRAG MILIC Associated Press PODGORICA, Montenegro (AP) — A court in Montenegro has agreed to release Terraform Labs founder Do Kwon from jail along with another South Korean citizen who is also charged with using forged identification documents in the Balkan country. The Basic Court Podgorica accepted 400,000 euros ( $435,000) in bail for

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — European benchmarks rose Friday after Asian shares mostly declined on looming worries over U.S. banks and lagging demand from China, the region’s major driver of growth. France’s CAC 40 rose 1.0% in early trading to 7,451.96. Germany’s DAX added 0.6% to 15,931.25. Britain’s FTSE 100 gained