AP National Business

NEW YORK (AP) — Stocks are mostly higher in early trading on Wall Street Tuesday but the market was being held back by weakness in several big technology companies including chipmakers like Qualcomm. Twitter rose another 7% after disclosing an arrangement with Tesla chief Elon Musk that will give him a board seat but also

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union’s executive branch has proposed a ban on coal imports from Russia in what would be the first sanctions targeting the country’s lucrative energy industry over its war in Ukraine. European Commission President Ursula von der Leyen said Tuesday that the EU needed to increase

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, an agency official says. That restricts one of the strategies President Vladimir Putin is employing to stave off default. Russia faces several April deadlines

By MICHELLE CHAPMAN AP Business Writer Elon Musk is joining Twitter’s board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform. Twitter Inc. said in a regulatory filing that it entered into an agreement with Musk on Monday that will give the billionaire

By GLENN GAMBOA AP Business Writer NEW YORK (AP) — A group of financial donors committed to racial equity plans to announce that it has secured at least $100 million annually to benefit minority groups that are disproportionately harmed by extreme weather events. The group, the Donors of Color Network, will also announce that 10

By KELVIN CHAN AP Business Writer LONDON (AP) — Britain has unveiled plans to regulate some cryptocurrencies as part of a broader plan to become a global hub for digital payments. It comes as authorities in the U.S. and Europe race to draw up rules for crypto. The British Treasury said Monday that it also

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — An order by Myanmar’s central bank that all foreign currency in bank accounts must be converted into the local currency has many in the military-ruled country worried over potential losses. Businesses and individuals were told in a notice issued Sunday that they must convert dollars and

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union’s executive branch has proposed a ban on coal imports from Russia in what would be the first sanctions targeting the country’s lucrative energy industry over its war in Ukraine. European Commission President Ursula von der Leyen said Tuesday that the EU needed to increase

By FRANKLIN BRICEÑO Associated Press LIMA, Peru (AP) — Peru’s capital city and main port are under a tight curfew decreed by President Pedro Castillo in response to violent protests over rising fuel and food prices, with armed soldiers and police deployed to enforce the measure. The surprise curfew and emergency measures announced shortly before

By TOM KRISHER AP Auto Writer DETROIT (AP) — U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls for defects that can cause fires or stalling. The National Highway Traffic Safety Administration says the probe covers more than 138,000 vehicles with batteries made by LG Energy

By MICHELLE CHAPMAN AP Business Writer General Motors and Honda are planning to co-develop some affordable electric vehicles that will use GM’s next-generation Ultium battery technology. The vehicles, which will include a compact crossover, are expected to begin going on sale in North America in 2027. Doug Parks, GM executive vice president of global product

NEW YORK (AP) — Wall Street is pointing to some slight declines and oil prices are on the rise as Western governments consider more sanctions against Moscow in response to evidence Russian soldiers deliberately killed civilians. Futures for the Dow Jones Industrials and S&P 500 each slipped about 0.2% in premarket trading Tuesday. Benchmarks rose

By BHARATHA MALLAWARACHI and ERANGA JAYAWARDENA Associated Press COLOMBO, Sri Lanka (AP) — A group of Sri Lankan governing party lawmakers has called for the appointment of an interim government. They are warning that a failure to do so would lead to violence and anarchy as protests continue demanding the resignation of the president over

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — French Finance Minister Bruno Le Maire said there is a “total determination” from all 27 European Union countries for sanctions against Russia that could target oil and coal over evidence its troops deliberately killed Ukrainian civilians. Europe’s dependence on Russian oil, natural gas and coal means finding

By OLEKSANDR STASHEVSKYI Associated Press BUCHA, Ukraine (AP) — Ukraine’s president plans to address the U.N.’s most powerful body after even more grisly evidence emerged of civilian massacres in areas that Russian forces recently left. Western nations expelled dozens more of Moscow’s diplomats and proposed further sanctions as part of efforts to punish Russia for

By SARA RATHNER of NerdWallet You’ve mastered the basics of money management — the bank accounts, the emergency fund, the 401(k) you contribute enough to so you get your employer match. Maybe you’ve even dabbled in investing, but otherwise you’ve been on autopilot for a few years. That tactic served you well for a time,

By HALELUYA HADERO and ANNE D’INNOCENZIO AP Business Writers NEW YORK (AP) — A stunning upset in a union election on Staten Island had brought sudden exposure to the organizers and worker advocates who realized victory for the nascent Amazon Labor Union when so many other more established labor groups had failed before them. The

By ELAINE KURTENBACH AP Business Writer World shares are mixed and oil prices are higher as Western governments consider more sanctions against Moscow in response to evidence Russian soldiers deliberately killed civilians. Benchmarks rose in Frankfurt, Tokyo and Sydney but fell in Paris and London. Many Asian markets including those in China were closed for

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — France’s economy and finance minister Bruno Le Maire said there is a “total determination” from all 27 EU member countries to reinforce sanctions against Russia that could finally target the energy sector after evidence of massacre of Ukrainian civilians emerged this week. EU sanctions imposed on Russia

BERLIN (AP) — German investigators have shut down a Russian-language darknet marketplace that they say specialized in drug dealing. They seized bitcoin worth 23 million euros ($25.3 million). Prosecutors in Frankfurt on Tuesday described the “Hydra Market” platform as the world’s biggest darknet marketplace. They said they seized its server infrastructure in Germany. The shutdown