AP National Business

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares were mostly higher Tuesday after a wobbly day on Wall Street as markets cooled off following a rare winning week. Oil prices pushed higher and U.S. futures also advanced. Rising energy prices and Treasury bond yields were weighing on sentiment after last week’s rally,

By STAN CHOE AP Business Writer NEW YORK (AP) — If Elon Musk and Twitter get their way, the company will soon be privately held and under his control. The most obvious immediate change would likely be Twitter’s stock being taken off the New York Stock Exchange. But the company would also likely get freed

SAN FRANCISCO Twitter, which has agreed to be sold to billionaire Elon Musk, is due to report its first-quarter earnings Thursday before trading opens on Wall Street. The report will provide details on how the San Francisco-based social network fared over the first three months of the year. But Twitter has canceled the conference call

By BINAJ GURUBACHARYA Associated Press KATHMANDU, Nepal (AP) — Nepal is banning imports of cars, alcohol and tobacco and cutting its work week to cope with a shortage of foreign exchange. The Himalayan country published a notice in the government gazette Wednesday saying imports of all cars except for emergency vehicles, all types of alcohol,

By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Shanghai city authorities say a taxing, one-month lockdown of China’s largest city may be eased in some neighborhoods if new COVID-19 testing shows the virus is no longer spreading in the community. Residents in Beijing, meanwhile, were carefully watching for word on whether the capital city

WILMINGTON, Del. (AP) — A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins. The 132-page decision

By FRANK JORDANS Associated Press BERLIN (AP) — An independent research group says Germany was the biggest buyer of Russian energy during the first two months of the war in Ukraine. A study published Thursday by the Centre for Research on Energy and Clean Air calculates that Russia has earned $66.5 billion from fossil fuel

By BARBARA ORTUTAY AP Technology Writer Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading. Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported

By DAVID KOENIG AP Business Writer DALLAS (AP) — Ford has reported a $3.1 billion loss for the first quarter, in large part because of a drop in the value of its investment in an electric-vehicle startup. The automaker also said Wednesday that its revenue fell 5% from a year ago as a shortage of

By JEFF AMY Associated Press PERRY, Ga. (AP) — The company that makes Jack Link’s meat snacks says it will build a $450 million plant in middle Georgia. The Wisconsin-based company says it will open the plant in late 2023 and hire 800 workers. Link Snacks says it is the largest maker of protein snacks

By STEPHEN WHYNO AP Hockey Writer Puck and player tracking in the NHL has taken major leaps since it was first tested in January 2019. Coaches already have access to player and shot speed and all the other data being tracked by microchips attached to equipment and implanted inside the puck. Broadcasters will be integrating

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Energy Department has authorized additional exports of liquefied natural gas, or LNG, from planned terminals in Texas and Louisiana. The orders allow Golden Pass LNG Terminal near Port Arthur, Texas, and Magnolia LNG Terminal in Lake Charles, Louisiana, to export additional natural gas as LNG to

By DEEPTI HAJELA Associated Press NEW YORK (AP) — It’s one of the most recognizable outfits in American movie history, the blue-and-white checked gingham dress a young Judy Garland wore as Dorothy in the classic 1939 movie “The Wizard of Oz.” For decades, one of the versions of the dress Garland wore in the movie

By JILL LAWLESS Associated Press LONDON (AP) — Britain’s top diplomat says Western allies should send tanks, planes and other heavy weapons to Ukraine, saying “inaction would be the greatest provocation.” NATO nations have supplied Ukraine with military supplies including missiles and armored vehicles. But so far they have been reluctant to send fighter planes

By BARBARA ORTUTAY AP Technology Writer Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading. Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Microsoft, Visa rise; Boeing, F5 fall

By BRUCE SCHREINER Associated Press Heaven Hill Distillery says it plans to revive its whiskey production in its Kentucky hometown. The family-owned and operated spirits company announced plans Wednesday to build a $135 million distillery expected to open by 2024 in Bardstown, Kentucky. It comes more than a quarter century after a devastating fire destroyed

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks on Wall Street managed only meager gains Wednesday, after a broad rally led by technology companies faded by late afternoon, leaving the market little changed a day after a big sell-off. The lackluster finish punctuated a wobbly start for stocks,

WARSAW (AP) — Poland’s air navigation agency says it has agreed to implement all of the demands of the country’s air traffic controllers’ union. The agreement prevents the threat of a mass cancellation of flights in Warsaw in the coming days. Earlier this week Poland’s government announced plans to drastically reduce flights at Warsaw’s two

By FRANK BAJAK Associated Press BOSTON (AP) — Cyberattacks by state-backed Russian hackers have destroyed data across dozens of organizations in Ukraine and produced “a chaotic information environment,” Microsoft says in a report released Wednesday. Nearly half the destructive attacks were against critical infrastructure, many times simultaneous to physical attacks, the report notes. A top