AP National Business

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson is trying to set aside his political troubles and focus on economic ties and the war in Ukraine during an official trip to India. Johnson landed in the western state of Gujarat on Thursday, kicking off a two-day visit that will see

By THALIA BEATY Associated Press NEW YORK (AP) — The first and most popular cryptocurrency, bitcoin, launched more than a decade ago. Yet for all the relentless buzz around cryptocurrencies, relatively few are well versed in them. A 2021 poll by Pew Research Center found that just 16% of Americans said they have ever invested

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mixed in choppy trading, as inflation worries and the war in Ukraine had investors partly optimistic while staying cautious. Benchmarks rose in Japan, South Korea and Australia in early trading, boosted by the overnight rally in Europe and in the Dow in the

By HUIZHONG WU and DAKE KANG Associated Press TAIPEI, Taiwan (AP) — In Shanghai, a city of 25 million people with hundreds of thousands of COVID-19 cases, Chinese health authorities have reported only 25 coronavirus deaths. An Associated Press examination of the death toll sheds light on how the figures have been obscured by the

By AMY BETH HANSON Associated Press HELENA, Mont. (AP) — For the past year a company that “mines” cryptocurrency had what seemed the ideal location for its thousands of power-thirsty computers working around the clock to verify bitcoin transactions: the grounds of a coal-fired power plant in rural Montana. But with the cryptocurrency industry under

By MARI YAMAGUCHI Associated Press TOKYO (AP) — The Yoshinoya beef bowl chain has fired an executive who talked about a marketing strategy to get young women “hooked” on its food as though turning “virgins into drug addicts.” Masaaki Ito was a managing director at the popular Japanese chain known for its “gyudon” beef-over-rice dish.

By JOHN LEICESTER and SYLVIE CORBET Associated Press PARIS (AP) — French President Emmanuel Macron has torn into his far-right challenger Marine Le Pen in a television debate for her ties to Russia and for wanting to strip Muslim women of their right to cover their heads in public, as he seeks the votes he

By TOM KRISHER AP Auto Writer DETROIT (AP) — A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk stop talking about his 2018 tweets in which he said he had the funding to make Tesla a private company. The ruling by U.S. District Judge Edward Chen

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A federal judge has sentenced a former New York state judge to a year and three months in prison after her conviction for obstructing a probe into financial conduct at the Municipal Credit Union. Ex-State Supreme Court Justice Sylvia Ash was sentenced Wednesday by Judge Lewis

By JOHN LEICESTER and SYLVIE CORBET Associated Press PARIS (AP) — French President Emmanuel Macron has warned that challenger Marine Le Pen’s proposed measure to ban Muslim headscarves in French public spaces would create “civil war” if implemented. In a televised debate Wednesday ahead of Sunday’s presidential election, the far-right presidential candidate said she is

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — CSX railroad struggled to keep up with demand in the first three months of the year. But it still managed to deliver 22% more profit thanks to higher shipping rates offsetting a slight decline in the number of shipments it handled. The Jacksonville, Florida-based railroad

By COLLIN BINKLEY AP Education Writer A new federal report finds that record-keeping failures by the Education Department may have left thousands of Americans stuck with student debt that should have been forgiven. A study released Wednesday by the Government Accountability Office revealed flaws in the management of income-driven repayment plans, which offer reduced monthly

By JENNIFER McDERMOTT Associated Press Michigan’s Democratic governor wants a nuclear power plant on Lake Michigan to stay open and she’s asking the federal government to pay for it. But the owner of the Palisades Power Plant says it’s too late and that the plant will shut down in May as scheduled. The Biden administration

CHICAGO (AP) — United Airlines says it lost $1.38 billion in the first quarter of 2022 but it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up. The Chicago-based airline said Wednesday it had operating revenues of $7.57 billion in the quarter, which was down 21% from the

By MICHAEL LIEDTKE and MAE ANDERSON AP Business Writers SAN FRANCISCO (AP) — Streaming service Netflix is dealing with a sharp drop in subscribers by considering changes to its service that it has long resisted. Netflix suffered its first loss of subscribers in years, an unwelcome surprise that drove its stock down 35% Wednesday. The

By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla has reported first-quarter net earnings over seven times greater than a year ago. The electric vehicle and solar panel company reported strong sales despite global supply chain kinks and pandemic-related production cuts in China. Tesla made a record $3.32 billion from January through March. Excluding

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: IBM, Stride rise; Netflix, Baker Hughes fall.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stock indexes ended mixed on Wall Street Wednesday after another bumpy day of trading, while Netflix lost more than a third of its value after reporting its first subscriber loss in more than a decade and predicting more grim times ahead.