AP National Business

By KELVIN CHAN and PAUL WISEMAN AP Business Writers LONDON (AP) — Russian hostilities in Ukraine are preventing grain from leaving the “breadbasket of the world” and making food more expensive across the globe, threatening to worsen shortages, hunger and political instability in developing countries. Together, Russia and Ukraine export nearly a third of the

By DAVID KOENIG AP Airlines Writer Verizon and AT&T won’t power up some wireless towers near airports until next summer to give airlines more time to make sure the new service won’t interfere with planes. But the airline industry is not happy about the deal. The Federal Aviation Administration said Friday that the companies agreed

By MATTHEW DALY Associated Press WASHINGTON (AP) — A federal appeals court on Friday rejected a Trump administration finding that the active ingredient in the weed killer Roundup does not pose a serious health risk and is “not likely” to cause cancer in humans. The California-based 9th U.S. Circuit Court of Appeals ordered the Environmental

BRESCIA, Italy (AP) — In a story published June 16, 2022, about sanctions against Russia hurting Italian fashion houses, The Associated Press misspelled the name of a Yale professor. It is Jeffrey Sonnenfeld, not Jeffrey Sonnenberg.

HAWTHORNE, Calif. (AP) — SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, according to media reports. The reports published Friday cited an email from Gwynne Shotwell, SpaceX’s president, saying the company had terminated employees who

DENVER (AP) — The family of a Texas woman who died after falling from a chairlift at a small Colorado ski resort as she was riding up with her two young daughters has settled a wrongful death lawsuit. The girls’ father filed the lawsuit, claiming that staff at Ski Granby Ranch knew the lift was

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street closed out its most punishing week since the 2020 coronavirus crash with a meandering day of trading Friday that left it a bit higher. The S&P 500 rose 8.07 points, or 0.2%, to 3,674.84 after waffling between modest losses

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Adobe, Devon Energy fall; Moderna, Seagen rise.

LOS ANGELES (AP) — Trial has begun for a man on charges alleging he was responsible for a blast at a Southern California spa that killed an ex-girlfriend and injured two others when she opened a box rigged with an explosive. Stephen Beal, 63, appeared in Los Angeles federal court on Thursday to face charges

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Stocks ended another bumpy day mostly higher on Wall Street but still wound up with their biggest weekly losses since March 2020, when markets went into freefall at the onset of coronavirus lockdowns. The S&P 500, the benchmark for many index

By MATTHEW BROWN and AMY BETH HANSON Associated Press RED LODGE, Mont. (AP) — As punishing floods tore through Yellowstone National Park and neighboring Montana communities, the state’s governor was nowhere to be seen. In the immediate aftermath, the state issued a disaster declaration attributed to the Republican governor, but for some reason it carried

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — U.S. stocks are drifting upward on Friday, as Wall Street nears the end of one of its worst weeks since the 2020 coronavirus crash. The S&P 500 was 0.7% higher in afternoon trading after earlier wavering between a loss of 0.8%

By COLLEEN BARRY AP Fashion Writer MILAN (AP) — Caught between the pandemic and war in Europe, Milan luxury fashion designers on Friday open four days of mostly menswear previews for next spring and summer in a challenging economic climate. Runway shows have mostly returned to live format with pre-pandemic tight seating, but a longed-for

SHELBYVILLE, Ky. (AP) — A restaurant created by KFC founder Harland Sanders for his wife decades ago is for sale. The Claudia Sanders Dinner House in Shelbyville, Kentucky, hit the market this week. The sale of the 25,000-square-foot restaurant and banquet hall is being handled by Six Degrees Real Estate. The listing includes the trademark

By MATTHEW BROWN and AMY BETH HANSON Associated Press RED LODGE, Mont. (AP) — Amid heavy criticism six days after leaving the country without telling his constituents, Montana Gov. Greg Gianforte’s office confirmed that he had gone to Italy with his wife. His office said he was briefed regularly about intense flooding that devastated the

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks edged higher in afternoon trading on Wall Street Friday at the end of a brutal week. The S&P 500 rose 0.7% as of 1:15 p.m. Eastern. The Dow Jones Industrial Average rose 126 points, or 0.4%, to 30,053 and the Nasdaq rose 2%.

By WAYNE PARRY Associated Press The fast-growing legal sports betting industry is extending its reach to the middle of the ocean. BetMGM and Carnival Corporation announced a deal Friday to put sports books on more than 50 U.S.-based ships. The arrangement will allow betting while the ships are at sea or while docked at a

By SUMAN NAISHADHAM Associated Press WASHINGTON (AP) — The Securities and Exchange Commission moved closer Friday to a final rule that would dramatically alter what public companies tell shareholders about climate change — both the risks it poses to their operations and their own contributions to the problem. Public comment on the proposal has now

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. has imposed sanctions on Nicaragua’s state-owned gold mining company and the president of its board of directors partly over the Central American nation’s ties to Russia. The Treasury Department says Friday’s sanctions were imposed, in part, because Nicaragua’s leaders are “deepening their relationship with Russia”

By MUNIR AHMED Associated Press ISLAMABAD (AP) — An international watchdog says it will keep Pakistan on a so-called “gray list” of countries that do not take full measures to combat money laundering and terror financing. However, the Financial Action Task Force raised hopes that Pakistan’s removal from the list would follow an upcoming visit