AP National Business

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: HCA Healthcare, Gap fall; SVB Financial, Schlumberger rise

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks slumped on Wall Street Friday, leaving the S&P 500 with its biggest one-day loss in almost seven weeks, as worries deepen about a surge in interest rates and the U.S. central bank’s efforts to fight inflation. The S&P 500 sank 2.8%

BERLIN (AP) — German prosecutors have decided not to press charges against a Czech millionaire who drove a high-powered sportscar along a German autobahn at speeds of at least 257 mph. Germany’s dpa news agency reported Friday that prosecutors reviewed footage of the stunt and concluded that Radim Passer had not broken the law when

By DAVID BAUDER AP Media Writer NEW YORK (AP) — Epic business failures — the Edsel, Quibi, New Coke — have some new company. CNN’s parent company ordered the CNN+ streaming service shut down before it had even completed a month of operation. It’s a spectacular failure, with the idea of a paid streaming service

By ANTHONY IZAGUIRRE Associated Press TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis has signed a bill dissolving Walt Disney World’s private government, after the entertainment giant criticized a measure that critics have dubbed the “Don’t Say Gay” law. DeSantis signed the bill on Friday. It would eliminate the 55-year-old Reedy Creek Improvement District and

By ANTHONY IZAGUIRRE Associated Press TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis has signed a bill to dissolve a private government controlled by Disney that provides municipal-like services for its 27,000 acres in the Sunshine State. The new law is largely viewed as retribution for Disney’s criticism of a separate law barring instruction on

ELLEN KNICKMEYER Associated Press WASHINGTON (AP) — The United States unleashed some of its toughest actions against Russian President Vladimir Putin right after he rolled his troops into Ukraine. Polls in the U.S. find support for doing more. So what options are left to step up the pressure? Many experts say the mightiest trigger the

By KELVIN CHAN AP Business Writer LONDON (AP) — European Union officials are nearing agreement on a sweeping new law aimed at protecting internet users by forcing big tech companies like Google and Facebook to step up their efforts to curb the spread of hate speech, disinformation and other harmful content. EU officials negotiated late

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks are tumbling on Friday as the sharp, recent surge in interest rates keeps weighing on Wall Street. Some disappointing profit reports from companies also shook what’s been the market’s main pillar of support. The S&P 500 was 2.4% lower in afternoon

By MARC LEVY Associated Press HARRISBURG, Pa. (AP) — More than two years after he started work on it, Gov. Tom Wolf is set to enact the centerpiece of his plan to fight climate change. It’ll make Pennsylvania the first major fossil fuel state to adopt a carbon-pricing policy. But it might be a short-lived

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Dozens of interest groups have met with White House staffers to try to influence a long-awaited plan to ban menthol cigarettes. That cigarette flavor is the only one still on the market. It accounts for more than a third of U.S. cigarette sales. The lobbying blitz

SEATTLE (AP) — In a story published April 20, 2022, about marijuana banking reform, The Associated Press erroneously reported that U.S. Sen. Patty Murray held a news conference at a cannabis store near Seattle. The news conference was at Salal Credit Union with a cannabis store owner. 

By KRISHAN FRANCIS and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s finance minister says the country will receive $300 million to $600 million from the World Bank over the next four months to buy medicine and other essential items to help cope with its worst economic crisis in decades. Finance Minister

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are slumping again on Friday as the sharp, recent surge for interest rates keeps weighing on Wall Street. Some disappointing profit reports from companies also shook what’s been the market’s main pillar of support. The S&P 500 was 1.8% lower in midday trading and

By KELVIN CHAN AP Business Writer LONDON (AP) — European Union officials are nearing agreement on a set of new rules aimed at protecting internet users by forcing big tech companies like Google and Facebook to step up their efforts to curb the spread of illegal content, hate speech and disinformation. EU officials are negotiating

By MONIKA SCISLOWSKA Associated Press WARSAW, Poland (AP) — New blasts at a Polish coal mine have injured 10 rescue workers and have forced authorities to suspend the search for seven coal miners and rescuers still missing after deadly methane explosions this week. The initial explosion took place shortly after midnight Wednesday, followed by a