AP National Business

By THOMAS PEIPERT Associated Press DENVER (AP) — The Outdoor Retailer trade show is moving the event from Denver back to Salt Lake City next year despite threats from big-name recreation companies and an environmental group to boycott the event over the move. The biannual show moved to Denver in 2018 after Utah lawmakers asked

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union is looking to the United States to help reduce its reliance on Russian energy and will be discussing major shipments of liquefied natural gas over the next two years during a meeting with President Joe Biden on Thursday. EU Commission President Ursula von der

By ADRIAN SAINZ Associated Press MEMPHIS, Tenn. (AP) — Officials say the state of Tennessee could scale back its financial oversight of a majority-Black town near the site of a planned Ford truck plant if it meets certain goals by this summer. Tennessee Comptroller Jason Mumpower said last week that his office was taking over

By GLENN GAMBOA AP Business Writer Billionaire philanthropist MacKenzie Scott revealed that she has donated nearly $4 billion to 465 nonprofits in a new blog post Wednesday, confirming the gifts that the groups have been announcing on their own for months. The announcement brings Scott’s publicly disclosed donations to more than $12 billion since 2019,

By JOSH BOAK Associated Press Vice President Kamala Harris has announced a plan that’s intended to end racial and ethnic discrimination in the appraisal of home values. The plan is part of a broader federal effort to address a wealth gap that systemic inequality has perpetuated. Among the 21 steps in the plan is a

By DANICA KIRKA Associated Press LONDON (AP) — Britain’s Treasury chief has announced a package of tax cuts and support payments that fell far short of what consumer advocates had demanded to shield working families from the soaring cost of living. That’s triggered criticism that Rishi Sunak doesn’t understand the scale of the crisis. He

BEVERLY HILLS, Calif. (AP) — Robbers smashed the front window of a Beverly Hills jewelry store in broad daylight and fled with millions of dollars worth of merchandise. Witnesses recorded video of Tuesday’s assault on the store, which is the latest in a long string of brazen smash-and-grab thefts and robberies of people wearing expensive

DETROIT (AP) — A joint venture between Stellantis and South Korea’s LG Energy Solution plans to build a large electric vehicle battery factory in Windsor, Ontario, employing about 2,500 people. The venture plans to spend $4.1 billion ($5 billion Canadian) to build the new plant on a field in the Canadian city just across a

The Associated Press MOSCOW (AP) — President Vladimir Putin announced that Russia will demand that “unfriendly″ countries pay for Russian natural gas exports only in rubles from now on. Putin told a meeting with government officials that “a number of Western countries made illegitimate decisions on the so-called freezing of the Russian assets, effectively drawing

By DAMIAN J. TROISE AP Business Writer Stocks are falling on Wall Street Wednesday afternoon, giving back some of the gains they made a day earlier, as crude oil prices rise sharply again. The S&P 500 fell 0.5%, the Dow Jones Industrial Average fell 0.9% and the Nasdaq fell 0.1%. The losses were broad. Technology

By NG HAN GUAN and KEN MORITSUGU Associated Press WUZHOU, China (AP) — Investigators have found what they believe to be the cockpit flight recorder in the wreckage of a China Eastern flight that crashed in the country’s south with 132 people on board. Zhu Tao, director of the Office of Aviation Safety at the

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union’s executive arm has proposed that all gas storage facilities in the 27-nation bloc are topped up to at least 80% capacity for next winter. The plan Wednesday comes as the EU seeks to reduce its reliance on Russian energy in the future. On the

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will require new rules to protect consumers. Powell, speaking on a panel organized by the Bank for International Settlements, a

NEW YORK (AP) — Stocks are opening lower on Wall Street, giving back some of the big gains they made a day earlier. Crude oil prices were rising sharply again, renewing worries that prices could climb even more for gas and many other kinds of goods. The S&P 500 gave up 0.8% in the early

By DANICA KIRKA Associated Press LONDON (AP) — The British government says a Dubai government-owned ferry operator at the center of a bitter U.K. labor dispute likely broke the law when it fired 786 crew members without notice to replace them with cheaper contract staff. Prime Minister Boris Johnson condemned the “callous” behavior of P&O

By JOSH BOAK Associated Press Vice President Kamala Harris will announce an action plan to stop racial discrimination in the appraisal of home values. That’s according to senior Biden administration officials who insisted on anonymity to discuss the administration’s action plan ahead of Wednesday’s announcement. The plan contains 21 steps to improve oversight and accountability.

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union’s executive arm has proposed a 500 million-euro aid package to help food producers in the 27-nation bloc weather the economic impact of the war in Ukraine. With Russia and Ukraine providing about 30% of the world’s wheat, the war has led to higher food

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Ukrainian President Volodymyr Zelenskyy, in a virtual address to Japan’s parliament, has called on the lawmakers to keep up sanctions against Russia over its invasion of Ukraine to pressure Moscow into seeking peace. Zelenskyy praised Japan during Wednesday’s address for becoming the first Asian country to sanction