AP National Business

DETROIT (AP) — General Motors says it is paying $2.1 billion to buy out Japanese tech investment firm Softbank’s stake in the Detroit automaker’s Cruise autonomous vehicle subsidiary. Softbank paid $2.25 billion for a 20% stake in Cruise in 2018 part of a wave of investment in self-driving technology. GM also said Friday that it

By DAVID PITT Associated Press DES MOINES, Iowa (AP) — State agriculture officials say the confirmation of bird flu at another Iowa egg-laying farm will force the killing of more than 5 million chickens. It’s the second case of avian influenza in Buena Vista County, about 160 miles northwest of Des Moines, but the outbreak

By VESELIN TOSHKOV Associated Press SOFIA, Bulgaria (AP) — Bulgaria’s ex-Prime Minister Boyko Borissov has been freed from custody following an investigation by prosecutors, who failed to come up with enough evidence to press charges. His supporters earlier had taken to the streets to protest his detention. The 62-year-old Borissov was detained for 24 hours

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: FedEx, US Steel fall; Moderna, Tesla rise. 

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks rose for a fourth day in a row Friday, closing out their biggest weekly gain since November 2020. The S&P 500 added 1.2%, bringing its weekly gain to 6.2%. The Nasdaq climbed 2% and the Dow Jones Industrial Average rose 0.8%. Investors have welcomed

NEW YORK (AP) — A federal labor board says a second Amazon warehouse in the New York City borough of Staten Island will have a union election in April. In-person voting will be held at the facility known as LDJ5 every day from April 25-29, except for April 26. The count is expected to occur

By MAURICIO SAVARESE Associated Press SAO PAULO (AP) — A justice of Brazil’s top court has ordered the messaging app Telegram to be shut down. Justice Alexandre de Moraes ruled on Friday that the app has failed to cooperate with authorities in a probe on the spread of falsehoods in social media. De Moraes said

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom has proposed giving $100 million to Native American tribes. Newsom said Friday the tribes could use the money to purchase and preserve their ancestral lands. It’s part of Newsom’s plan to make sure nearly one-third of California’s land and coastal waters are

By KATHLEEN RONAYNE Associated Press SACRAMENTO, Calif. (AP) — California’s urban water users and farmers who rely on supplies from state reservoirs will get less than planned this year. State water officials said Friday they’ll only give 5% of requested water supplies to contractors of the State Water Project, which provides water for 27 million

BALTIMORE (AP) — The operator of a cargo ship that ran aground in the Chesapeake Bay has a plan to refloat the stranded ship. Evergreen said Friday that the plan involves releasing ballast to lighten the load of the Ever Forward, and dredging around the ship to create space between the propeller and rudder and

By DAVID KOENIG AP Airlines Writer FORT WORTH, Texas (AP) — A former Boeing test pilot is on trial on charges of misleading regulators about the Boeing 737 Max, the model that was involved in two deadly crashes. Mark Forkner faces four counts of fraud. His trial started Friday in U.S. district court in Fort

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks shook off an early loss on Wall Street Friday and turned higher in afternoon trading, putting the market on track for its biggest weekly gain of the year. The S&P 500 rose 0.6% and the Nasdaq rose 1.4%. The Dow Jones Industrial Average rose

By LEAH WILLINGHAM Associated Press CHARLESTON, W.Va. (AP) — Programs to re-train West Virginia’s coal miners and reinvigorate the state’s suffering workforce have been proposed before. Democratic U.S. Sen. Joe Manchin says many have been a disappointment because there were no jobs. But Manchin said that’s changing with a new electric battery plant coming to

By KATHLEEN RONAYNE Associated Press SACRAMENTO, Calif. (AP) — California’s urban water users and farmers who rely on supplies from state reservoirs will get less than planned this year. State water officials said Friday they’ll only give 5% of requested water supplies to contractors of the State Water Project, which provides water for 27 million

By KATHY GANNON Associated Press KABUL, Afghanistan (AP) — An official with the U.N. food agency says that with Russia’s war in Ukraine taking an increasing toll on the global economy, the ripples of that conflict will further increase food and fuel prices in the desperately poor Afghanistan. Afghanistan has been sinking deeper into poverty

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks shook off an early loss Wall Street Friday and turned higher in afternoon trading, adding to their weekly gains. The S&P 500 rose 0.5% and the Nasdaq rose 1.4%. Both indexes are on track for their best weekly gains of the year. The

By SUZAN FRASER Associated Press ANKARA, Turkey (AP) — Turkey’s president and South Korea’s prime minister have inaugurated a massive suspension bridge over the Dardanelles Strait that connects the European and Asian shores of the key waterway. Turkish President Recep Tayyip Erdogan said Friday that the “1915 Canakkale Bridge,” with a 2,023-meter (6,637 feet) span

By MARIA DI MENTO of The Chronicle of Philanthropy Chronicle of Philanthropy MacKenzie Scott has donated $281 million to Boys & Girls Clubs of America and 62 local Boys & Girls Clubs around the country, the 160-year-old nonprofit announced Thursday. It is the largest public gift Scott has given so far. Scott directed $25 million

By CHRIS MEGERIAN and ASHOK SHARMA Associated Press WASHINGTON (AP) — India is buying discounted Russian oil, allowing it to increase its energy supplies while Russia looks to cut deals to boost its beleaguered economy. But India’s decision conflicts with President Joe Biden’s goal of isolating Moscow for its invasion of Ukraine. The situation is

By BARRY HATTON Associated Press LISBON, Portugal (AP) — High energy costs are stoking unrest in parts of Europe. Spain is deploying more than 23,000 police amid a truckers’ strike Friday, while farmers in France and Greece are snarling traffic with their protests. Russia’s war in Ukraine has further pushed up costs for oil and