AP National Business

By CARA ANNA Associated Press NAIROBI, Kenya (AP) — Ukraine’s leader has told the African Union that the continent has been “taken hostage” in Russia’s invasion of Ukraine amid catastrophically rising food prices. President Volodymyr Zelenskyy’s closed-door speech Monday followed weeks of requests for him to address African nations. Many of them retain close ties

By JENNIFER McDERMOTT Associated Press The trade association for U.S. nuclear plant operators says it hopes to nearly double their output over the next three decades. Those plans hang on the functionality of a new type of nuclear reactor that’s far smaller than traditional reactors. The industry is generating less electricity as reactors retire. Even

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stocks rebounded Tuesday as Wall Street futures moved higher after a U.S. market holiday. Tokyo, Hong Kong and Sydney gained. Shanghai declined. Oil prices climbed above $110 per barrel. The future for Wall Street’s benchmark S&P 500 index was up 1.4% as U.S. markets prepared

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong’s iconic Jumbo Floating Restaurant has capsized in the South China Sea less than a week after it was towed away from the city, its parent company said Monday. The restaurant encountered “adverse conditions” on Saturday as it was passing the Xisha Islands, also known

By SAM METZ Associated Press SALT LAKE CITY (AP) — Federal officials and tribal nations have formally reestablished a commission to oversee land management decisions at a national monument in Utah — among the first such joint governance agreements signed by Native Americans and U.S. officials. Leaders from agencies including the Bureau of Land Management

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — With California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on Monday announced they would investigate oil companies they say are “abusing a historic situation to suck profits

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Puerto Rico’s governor has signed legislation that will award more rights to private sector workers in the U.S. territory. In signing the measure Monday, Gov. Pedro Pierluisi defied a federal control board that said the move would be considered a violation of a federal

DENVER (AP) — A Nebraska man has pleaded guilty in federal court to making death threats against Colorado’s top elections official. Officials say it’s the first such plea obtained by a federal task force devoted to protecting elections workers across the U.S. who have been subject to increasing threats since the 2020 presidential election. Prosecutors

NEW YORK (AP) — JetBlue is boosting its offer to buy Spirit Airlines, raising the stakes again in the bidding war over the nation’s biggest budget airline. JetBlue said Monday that it offered $33.50 per share, or $2 per share more than its last bid two weeks ago. JetBlue is trying to outbid Frontier Airlines,

LONDON (AP) — Paramount+ flexed the star power of its shows as it prepares to launch in the United Kingdom with an event attended by Sylvester Stallone, Viola Davis, Kevin Costner, Jessica Chastain and more. The expansion delivers overseas some popular programs like Costner’s “Yellowstone” and “Star Trek Discovery” to U.K. audiences. Subscribers will also

By KEN SWEET and FATIMA HUSSEIN The Associated Press NEW YORK (AP) — The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold. As prices plunge, companies collapse and skepticism soars, fortunes and jobs are disappearing overnight, and investors’ feverish speculation has been replaced by icy calculation, in what industry leaders are

By ANDREA ROSA and JAMEY KEATEN Associated Press BAKHMUT, Ukraine (AP) — Holed up in a bombed-out house in eastern Ukraine, Ukrainian troops keep a careful accounting of their ammunition, using a door as a sort of ledger. Scrawled in chalk on the door are figures for mortar shells, smoke shells, shrapnel shells, flares. Despite

By SYLVIE CORBET and BARBARA SURK Associated Press PARIS (AP) — France faced an ecstatic Marine Le Pen on Monday after her party’s far-right candidates sent shockwaves through the political establishment and helped deny President Emmanuel Macron’s centrist alliance a majority in parliament. The surprising breakthrough for the far right — alongside a surge in

By AAMER MADHANI and JOSH BOAK Associated Press REHOBOTH BEACH, Del. (AP) — President Joe Biden said Monday that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon. “Yes, I’m considering it,” Biden told reporters

NAIROBI, Kenya (AP) — East Africa’s leaders have responded to the threat of war between Rwanda and Congo by instructing a new regional force to deploy in eastern Congo and ordering an immediate cease-fire. A statement after the meeting in Kenya’s capital does not give details on the date of deployment of the force or

By MAURICIO SAVARESE Associated Press SAO PAULO (AP) — The chief executive of Brazil’s state-run oil giant Petrobras resigned amid political pressure from top lawmakers and President Jair Bolsonaro. José Mauro Coelho held the job for less than two months. A filing of the oil giant to Brazil’s security authority said that Coelho chose to

By AAMER MADHANI Associated Press REHOBOTH BEACH, Del. (AP) — President Joe Biden says he’s considering a federal holiday on the gasoline tax. That could possibly save U.S. consumers as much as 18.4 cents a gallon. Biden indicated to reporters Monday that his decision could come by the end of the week. The administration is

By SYLVIE CORBET and BARBARA SURK Associated Press PARIS (AP) — France awakened to an ecstatic Marine Le Pen on Monday after her party’s far-right candidates for parliament sent shockwaves through the political establishment and helped deny President Emmanuel Macron’s centrist alliance an absolute majority. Le Pen’s National Rally party didn’t win the two rounds