AP National Business

By BOB CHRISTIE Associated Press PHOENIX (AP) — An attorney for an Arizona real estate developer who was referred to the Department of Justice for a criminal investigation by congressional Democrats wants to publicly rebut the allegations. Lawyer Lanny Davis said Thursday that Arizona developer Michael Ingram and former Trump administration Cabinet member David Bernhardt

By ALANNA DURKIN RICHER Associated Press BOSTON (AP) — Two men convicted of buying their kids’ way into school as part of the college admissions bribery scheme can stay out of prison while they appeal their cases. U.S. District Judge Nathaniel Gorton ruled Thursday that John Wilson and Gamal Abdelaziz can remain free on bail

By MATTHEW DALY Associated Press WASHINGTON (AP) — A closely divided House has approved legislation to crack down on alleged price gouging by oil companies as prices at the pump continue to soar. A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency that would make it unlawful

By ROB GILLIES Associated Press TORONTO (AP) — Wireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government said Thursday, joining allies in banning the giant Chinese technology company. Canada had been the only member of the Five Eyes intelligence-pooling alliance not to bar or restrict

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Cisco, Monro fall; BJ’s Wholesale Club, Synopsis rise.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Another volatile day on Wall Street ended with more losses for stocks Thursday, drawing the S&P 500 closer to its first bear market since the beginning of the pandemic. The index, a benchmark for many funds, fell 0.6% after easing off

By NICOLE WINFIELD Associated Press VATICAN CITY (AP) — The Vatican’s financial trial has taken a surreal turn with a defendant asserting she escorted two emissaries of Russian President Vladimir Putin into the Holy See to negotiate the return of relics to the Russian Orthodox Church. The negotiations failed. But the fantastical narrative recounted by

By BARBARA ORTUTAY AP Technology Writer WhatsApp parent Meta is moving forward with its push to attract businesses to its popular chat app. Its part of an effort to find new ways to make money beyond targeted advertisements on its other platforms, Facebook and Instagram. Meta unveiled a developer tool, WhatsApp Cloud API, to businesses

The Associated Press DENVER (AP) — Colorado’s Supreme Court has ruled in favor of a woman who expected to pay about $1,300 for back surgery but was charged more than $300,000 by a suburban Denver hospital. This week’s ruling follows efforts by many U.S. states and the federal government to require transparency in hospital pricing

By STAN CHOE AP Business Writer NEW YORK (AP) — After starting as a niche corner of the finance world, ESG investing has since exploded to become a major force on Wall Street _ and the latest front in the nation’s cultural schism. To use an ESG approach is to consider a company’s performance on

By SAM METZ Associated Press SALT LAKE CITY (AP) — Republicans are coming out swinging against Wall Street’s growing efforts to consider factors like long-term environmental risk in investment decisions, the latest indication that the GOP is willing to damage its relationship with big business to score culture war points. Many are targeting a concept

By FATIMA HUSSEIN and FRANK JORDANS Associated Press KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies are grappling with deepening inflation concerns and the immediate effects of Russia’s war in Ukraine, with U.S. Treasury Secretary Janet Yellen warning that it all adds up to a “very difficult economic situation.” Yellen

By MATTHEW BROWN and MATTHEW DALY Associated Press BILLINGS, Mont. (AP) — President Joe Biden’s order to protect the nation’s oldest forests against climate change, wildfires and other problems devastating vast woodlands is raising a simple yet vexing question: When does a forest grow old? Millions of acres are potentially on the line — federal

By MATTHEW DALY Associated Press WASHINGTON (AP) — A closely divided House has approved legislation to crack down on alleged price gouging by oil companies as prices at the pump continue to soar. A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency that would make it unlawful

By DAVID KLEPPER Associated Press SAN FRANCISCO (AP) — Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis. Starting Thursday, the platform will no

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks wavered in afternoon trading on Wall Street Thursday as persistently high inflation continues to weigh on the economy and keeps major indexes mired in a deep slump. The S&P 500, the benchmark for many index funds, is coming off of

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The Food and Drug Administration’s commissioner says a shuttered baby formula factory could be up and running by next week. FDA Commissioner Robert Califf faced congressional anger Thursday for not answering questions about whether his agency should have intervened earlier at the Michigan plant tied to

By JIM SALTER Associated Press In the five months that Jennifer Anne Hall was a respiratory therapist at Hedrick Medical Center, the rural Missouri hospital experienced 18 “code blue” incidents — an alarming increase in sudden cardiac arrest events for a hospital that historically averaged one of them a year, according to a police investigator.

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s central bank says it will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who holds it for more than three months. Police, meanwhile, fired tear gas and water cannons at thousands of students