AP National Business

By RAF CASERT and AAMER MADHANI Associated Press BRUSSELS (AP) — With a military intervention in Ukraine off the table, countries around the world are looking to heap more financial punishment on Moscow. The United States, Britain and European Union said Friday they will move to sanction Russian President Vladimir Putin and Foreign Minister Sergey

By RAF CASERT Associated Press BRUSSELS (AP) — The Biden administration says it will move to freeze the assets of President Vladimir Putin and Foreign Minister Sergey Lavrov, following the European Union and Britain in directly sanctioning top Russian leadership. The Treasury Department announced the sanctions Friday shortly after the EU said it had also

VANDENBERG SPACE FORCE BASE, Calif. (AP) — A SpaceX Falcon 9 rocket has blasted off from California to put 50 more satellites into orbit for the Starlink internet constellation. The rocket lifted off from Vandenberg Space Force Base at 9:12 a.m. and its upper stage deployed the satellites about an hour later. The first stage

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union has agreed to freeze the assets of Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, according to Latvia’s foreign minister. A decision to freeze Putin and Lavrov’s assets indicates that Western powers are moving toward unprecedented measures to try to stop Russia’s brutal

By HALELUYA HADERO AP Business Writer The head of a civil rights nonprofit that receives donations from Bath & Body Works said she hopes the criticism of the company’s Black History Month collection becomes a learning experience. The retailer caught some heat on social media earlier this month when it unveiled its latest collection featuring

By STAN CHOE AP Business Writer NEW YORK (AP) — Inflation does not discriminate. Just like it’s squeezing everybody’s wallet, it’s hitting almost every investment in a retirement account. Stocks have been shaky this year, with the S&P 500 at one point dropping more than 10% from its record, mostly because of inflation worries. Bond

By RAF CASERT and FOSTER KLUG Associated Press BRUSSELS (AP) — The European Union has agreed to freeze the assets of Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, according to Latvia’s foreign minister. A decision to freeze Putin and Lavrov’s assets indicates that Western powers are moving toward unprecedented measures to try to

By RAF CASERT and FOSTER KLUG Associated Press BRUSSELS (AP) — Russian authorities announced the “partial restriction” of access to Facebook after the social media network banned the accounts of several Kremlin-backed media over Moscow’s invasion of Ukraine. Russian state communications watchdog Roskomnadzor said Friday it demanded that Facebook lift the bans it placed Thursday

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Relief flowed through Wall Street on Friday, even as deadly attacks continued to rage in Ukraine. Stocks rose sharply, oil prices fell and investors turned away from gold and other traditional havens they favor when fear is high. The

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — A $2.7 billion recreational, residential and retail project aimed at car lovers is being proposed for an historic but vacant former airport in Atlantic City. DEEM Enterprises is a company based in Los Angeles and Atlantic City. It wants to build the project on the

By RAF CASERT and FOSTER KLUG Associated Press BRUSSELS (AP) — The Council of Europe has suspended Russia from the continent’s human rights organization because of its invasion of Ukraine. The 47-nation council announced Friday that Russia was suspended with “immediate effect” from the organization’s Committee of Ministers and parliamentary assembly “as a result of

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The gas is still flowing from Russian even as bullets and missiles fly in Ukraine. But the war is raising huge questions about the energy ties between Europe and Russia. The conflict is helping keep oil and gas prices high due to fears of a

By VANESSA GERA, BELA SZANDELSZKY and ADAM PEMBLE Associated Press PRZEMYSL, Poland (AP) — Thousands of Ukrainians are fleeing from war by crossing their borders to the west in search of safety. They left their country as Russia pounded their capital and other cities with airstrikes for a second day on Friday. Cars were backed

By STAN CHOE AP Business Writer NEW YORK (AP) — Some relief flowed through Wall Street on Friday, even as deadly attacks continued to rage in Ukraine. Stocks held relatively steady, oil fell and investors turned away from gold and other traditional havens they favor when fear is high. The S&P 500 rose 0.7% in

By DAVID BAUDER AP Media Writer NEW YORK (AP) — A lack of reliable information from Russia has made covering the invasion of Ukraine tougher for journalists. It also made a CNN reporter’s experience on Thursday all the more remarkable: Matthew Chance unexpectedly stumbled on Russian forces taking control of an airport 20 minutes from

By RAF CASERT and FOSTER KLUG Associated Press BRUSSELS (AP) — The world has made it clear that a military intervention in Ukraine is off the books, so most countries on Friday were throwing ever more punishment at Moscow from financial to football sanctions. The European Union on Friday was considering freezing the assets of

NEW YORK (AP) — Markets are opening mostly higher on Wall Street Friday after a wild ride a day earlier. The S&P 500 added 0.4% in the early going, following even bigger gains in Europe. Oil prices were holding steady after going through whiplash trading Thursday after Russia’s invasion of Ukraine. U.S. government bond yields

By DAVID BAUDER AP Media Writer NEW YORK (AP) — A lack of reliable information from Russia has made covering the invasion of Ukraine tougher for journalists. It also made a CNN reporter’s experience on Thursday all the more remarkable: Matthew Chance unexpectedly stumbled on Russian forces taking control of an airport 20 minutes from

By RAF CASERT and FOSTER KLUG Associated Press BRUSSELS (AP) — Luxembourg’s foreign minister says the 27-nation European Union is “very close to agreement” to freezing the assets of Russian President Vladimir Putin and Foreign Minister Lavrov. Jean Asselborn said Friday before a meeting of EU foreign ministers to discuss Russian sanctions that  “I think