AP National Business

NEW YORK (AP) — Growth slammed into reverse at the start of this year for Robinhood Markets, whose trading app has turned millions of people into investors for the first time. The company said Thursday that it took in $299 million in revenue during the first three months of the year, down 43% from a

By KEVIN FREKING and MATTHEW DALY Associated Press WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging. In doing so, they downplayed the possibility of other options such as a

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: McDonald’s, Qualcomm rise; Ford, Domino’s fall.

WASHINGTON (AP) — The money that President Joe Biden has asked Congress to approve for Ukraine is designed to help with a range of needs — military equipment for the immediate fight, economic aid for the future and much more. Altogether, Biden is seeking $33 billion. Roughly two-thirds of it would be to keep weapons

By DAVID KEYTON and INNA VARENYTSIA Associated Press KYIV, Ukraine (AP) — Russia pounded targets from practically one end of Ukraine to the other Thursday, including Kyiv, bombarding the city while the head of the United Nations was visiting in the boldest attack on the capital since Moscow’s forces retreated weeks ago. Nearly a dozen

By ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Arkansas is suing Family Dollar over the discovery of 1,000 rodents in a distribution facility in the state that prompted the discount retail chain to recall items purchased from hundreds of stores in the South. Attorney General Leslie Rutledge filed the lawsuit Thursday against the

By KEVIN FREKING and MATTHEW DALY Associated Press WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging. In doing so, they downplayed the possibility of other options such as a

CINCINNATI (AP) — An Ohio school board outside Cincinnati voted during an emergency meeting on Wednesday to censure a member who said she accidentally posted a link to a pornography site on her campaign’s Facebook page. The board for the Lakota Local School District in Liberty Township also asked Darbi Boddy, 41, to resign. She

By ALAN FRAM, ZEKE MILLER and AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden wants Congress to provide $33 billion to bolster Ukraine’s fight against Russia. The request came Thursday and signals a long-haul American commitment as Moscow’s invasion and the international tensions it has inflamed show no signs of receding. The measure

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for the rest of 2022 based on the strength of the job market and consumer spending. The

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Major stock indexes on Wall Street notched their biggest gains in more than six weeks Thursday, as technology companies clawed back some of the ground they had lost recently. The S&P 500 rose 2.5%, with roughly 85% of the stocks in

By INNA VARENYTSIA and DAVID KEYTON Associated Press IRPIN, Ukraine (AP) — Moscow’s offensive in eastern Ukraine gathered momentum as several areas came under heavy shelling Thursday, amid suspicions Russian President Vladimir Putin wants to score a major battlefield success in time for Victory Day, one of Russia’s proudest holidays, on May 9. Ukrainian authorities

ANKARA, Turkey (AP) — Turkey has rejected accusations by Athens that its warplanes conducted unauthorized military flights over Greek islands and pointed the finger at Greece instead. Turkey insisted Thursday that it was Greece’s Air Force which carried out “provocative flights” near Turkey’s coast, repeatedly violating the airspace in southwest Turkey.  The two NATO allies

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The U.S. government on Thursday released its long-awaited plan to ban menthol cigarettes and flavored cigars, citing the toll on Black smokers and young people. “The proposed rules would help prevent children from becoming the next generation of smokers and help adult smokers quit,” said Health

By MICHELLE CHAPMAN AP Business Writer Caterpillar’s first-quarter sales climbed as construction equipment demand continues to surge even though supply chain challenges still plague most industries. Sales rose 14% to $13.59 billion, topping the $13.5 billion that analysts surveyed by Zacks Investment Research were looking for. Aside from improved demand for equipment, Caterpillar said higher

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The U.S. government on Thursday will lay out its long-awaited plan to ban menthol cigarettes and flavored cigars, which have taken a disproportionate toll on Black smokers and other minorities. Food and Drug Administration Commissioner Robert Califf previewed the announcement in congressional testimony, saying the proposal