AP National Business

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon is kicking off its annual security-focused cloud computing conference on Tuesday amid a slowdown in its profitable cloud business Amazon Web Services, or AWS. This year’s conference, held in Anaheim, California, comes as many businesses are looking to trim their expenses amid concerns about

By JOE McDONALD AP Business Writer BEIJING (AP) — Global stock markets and Wall Street futures rose Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike. London and Paris opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices rebounded from Monday’s plunge. Wall Street’s benchmark

By JAMEY KEATEN Associated Press KYIV, Ukraine (AP) — Regional Ukrainian officials say Russian missiles that hit civilian buildings in an overnight attack in the central city of Kryvyi Rih have killed at least six people. Rescuers scrambled to retrieve people believed trapped under the rubble on Tuesday. A regional governor said the strike involving

By JON GAMBRELL Associated Press KYIV, Ukraine (AP) — Two United Nations-backed engineers are using a high-tech laser to create incredibly high-resolution, three-dimensional renderings of historic sites in Ukraine. Their volunteer work is part of a wider project to protect and preserve historic sites across the country, which are in as much danger as its

By SAMY MAGDY Associated Press CAIRO (AP) — The United Nations Development Program says it’s secured insurance coverage to start a ship-to-ship transfer of 1.1 million barrels of crude from a rusting tanker moored off the coast of war-torn Yemen — oil that could cause a major environmental disaster. The  U.N. agency says insurance is

TEL AVIV, Israel (AP) — A leading rights group says the World Bank and Jordan are using a “flawed” algorithm to calculate aid for the kingdom, excludes some people who are impoverished, hungry or otherwise struggling. The report by Human Rights Watch released on Tuesday says the automated program profiles and ranks the income and

By PAN PYLAS Associated Press LONDON (AP) — Official figures show that wages in the U.K. spiked sharply in April, a development that is set to cement expectations that the Bank of England will raise interest rates once again next week. The Office for National Statistics found Tuesday that people’s regular pay packets, which exclude

By KEN SWEET AP Business Writer NEW YORK (AP) — Check fraud is back in a big way, fueled by a rise in organized crime that is forcing small businesses and individuals to take additional safety measures or to avoid sending checks through the mail altogether. Banks reported roughly 680,000 reports of check fraud to

LONDON (AP) — Official figures show that Britain’s unemployment rate has fallen unexpectedly as the number of people in work hit a record high and rose past its pre-pandemic level for the first time. The Office for National Statistics said Tuesday that the jobless rate fell to 3.8% in the three months to April, from

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota says it plans to make an all solid-state battery as part of ambitious plans for battery electric vehicles, amid mounting criticism Japan’s top automaker needs to do more to fight climate change. Toyota said on Tuesday it is aiming for a commercial next-generation battery as

By ARNIE STAPLETON AP Sports Writer DENVER (AP) — Stan Kroenke’s sports empire has produced an NFL, NHL and now NBA champion in three consecutive seasons. His latest title came Monday night when the Denver Nuggets won their first championship 47 years after joining the NBA. His Los Angeles Rams beat the Cincinnati Bengals 23-20

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mostly higher Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike. Shanghai declined while Tokyo and Hong Kong advanced. Oil prices rebounded from Monday’s plunge. Wall Street’s benchmark S&P 500 index rose 0.9%

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota says it plans to make an all solid-state battery as part of ambitious plans for battery electric vehicles, amid mounting criticism Japan’s top automaker needs to do more to fight climate change. Toyota said Tuesday it is aiming for a commercial next-generation battery as soon

By AMY BETH HANSON and MATTHEW BROWN Associated Press HELENA, Mont. (AP) — Young people challenging Montana officials over inaction on climate change are expected back in state court on Tuesday in a first-of-a kind trial of a lawsuit that environmentalists hope will spur changes in the fossil fuel-friendly state. State officials have sought to

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Consumer price increases in the United States likely slowed sharply last month, extending a steady easing of inflation over the past year. But a gauge of underlying prices may still reflect persistent inflation pressures. Prices are forecast to have risen 4.2% in May from a year

By YURI KAGEYAMA Associated Press TOKYO (AP) — A major Japanese talent agency has begun an investigation into sexual abuse allegations against its founder. The lawyer heading the probe, Makoto Hayashi, told reporters Monday it won’t address monetary or criminality questions but rather aims to prevent such abuse from happening again. Hayashi said the effort

CHICAGO (AP) — Illinois Gov. JB Pritzker says Amtrak travel between Chicago and St. Louis is about to get 15 minutes quicker thanks to a high-speed rail project allowing trains to reach speeds of 110 mph. Pritzker said Monday the higher speeds take effect June 26 and will reduce the duration of the trip from

By ANDREW SELSKY and GENE JOHNSON Associated Press PORTLAND, Ore. (AP) — A jury in Oregon on Monday found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it liable for broader

By MATT O’BRIEN AP Technology Writer The Federal Trade Commission has sued to block Microsoft from completing its deal to buy video game company Activision Blizzard, the latest antitrust challenge to the proposed merger but one that could hasten a conclusion to the drawn-out dispute. The FTC’s Monday filing in a San Francisco federal court

By CARLA BRIDI Associated Press BRASILIA, Brazil (AP) — European Comission President Ursula von der Leyen has met with Brazilian President Luiz Inácio Lula da Silva in a bid to get a free trade deal moving again. The 27-member EU completed negotiations in 2019 on a wide-ranging trade deal with the Mercosur nations of Brazil, Argentina, Paraguay