AP National Business

By KEN SWEET AP Business Writer NEW YORK (AP) — PayPal says that its users will now be able to send money to Ukrainians, both in the war-ravaged country as well as those now refugees across Europe. Previously, people in Ukraine were only able to use the payments platform to send money out of the

By DANICA KIRKA Associated Press LONDON (AP) — One of the largest ferry operators in the United Kingdom has fired 800 crew members without notice and plans to replace them with cheaper staff. Thursday’s announcement by P&O Ferries sparked a furious response from workers and criticism from British authorities. Many workers were fired by Zoom

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Wall Street extended a rally into a third day on Thursday, even as oil prices jumped back above $100 per barrel. The S&P 500 climbed 1.2% after drifting between small gains and losses in the early going. The index surged more than

BALTIMORE (AP) — The operator of a cargo ship that ran aground in the Chesapeake Bay says the Ever Forward’s hull wasn’t damaged and there’s no fuel leakage. Evergreen said in an update Thursday that it arranged for divers to inspect the ship and its propeller and rudder are fully functional. The U.S. Coast Guard

LJUBLJANA, Slovenia (AP) — U.S. industrial conglomerate Textron Inc. has signed a deal to acquire Pipistrel, the Slovenian ultralight aircraft maker and pioneer in electrically powered aviation. The Slovenian plane maker posted on Twitter Thursday that the partnership will combine the expertise of both companies and “accelerate Pipistrel’s  development and certification of sustainable aircraft.” Textron

By KELVIN CHAN AP Business Writer LONDON (AP) — The British government has unveiled its online safety bill in Parliament, which is aimed at protecting internet users from harm. Tech bosses would face up to two years in prison if they fail to comply with the British rules introduced Thursday. The ambitious but controversial bill

BEIRUT (AP) — Lebanon’s state-run National News Agency says the brother of the country’s central bank governor has been arrested on suspicion of money laundering and illicit enrichment. Thursday’s report says a Mount Lebanon district court judge has questioned Raja Salameh for several hours before his arrest. The suit against Salameh was filed by a

By ROB HARRIS AP Global Soccer Writer LONDON (AP) — Deadline day is Friday for bids to be submitted to buy Chelsea and end the 19-year ownership of Roman Abramovich. This is a sale enforced on the Russian billionaire after being sanctioned by the British government for his close links to Russian President Vladimir Putin

LONDON (AP) — Russia’s Finance Ministry said it transferred a $117 million bond interest payment in an attempt to avoid a default on government debt but left it open if the money actually reached foreign investors by the deadline. A ministry statement carried on Russian state media said Thursday the money had been transferred to

RENO, Nev. (AP) — A Nevada man could face more than 20 years in prison after pleading guilty to charges that he groped a woman who had fallen asleep during a flight to Las Vegas. Federal prosecutors say Daniel Parkhurst pleaded guilty this week to one count of interference with a flight crew and one

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — A long-delayed plan to build a giant lake in Northern California has received a big financial boost. The Environmental Protection Agency on Thursday signaled its intent to loan the project nearly $2.2 billion. That would cover about half of the project’s total cost. Officials with the

By MICHELLE CHAPMAN AP Business Writer Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn’t want to hand over the plants to the Russian government. Dave Robertson, president and COO of Koch Industries, said Koch doesn’t want to turn the plants over to the Russian government “so it

MADRID (AP) — Spain’s government says it is mobilizing more than 23,000 police to crack down on striking truck drivers blamed for attacks on colleagues who haven’t joined the walkout. Transport Minister Raquel Sánchez claimed Thursday that “a group of extremists bent on blackmailing this country” is behind the attacks, saying they were linked to

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week as the key 30-year loan vaulted over 4% for the first time since May 2019. Mortgage buyer Freddie Mac reports that the average rate on the 30-year loan this week jumped to 4.16% from 3.85% last week. That’s a sharp contrast from last year’s

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — A long-delayed plan to build a giant lake in Northern California has gotten a big boost. The Environmental Protection Agency on Thursday signaled its intent to loan the project nearly $2.2 billion. That would cover about half of the project’s total cost. Officials with the agency

By DAVID PITT Associated Press DES MOINES, Iowa (AP) — The Iowa Legislature has been trying for a decade to make it illegal for animal rights groups to sneak cameras into livestock barns to report animal abuse, but courts frequently rule the laws unconstitutional. On Monday, a federal judge again struck down an Iowa law

By TOM KRISHER AP Auto Writer DETROIT (AP) — Drivers of bigger vehicles such as pickup trucks and SUVs are more likely to hit pedestrians while making turns than drivers of cars. That’s according to a new study released Thursday by the Insurance Institute for Highway Safety. It points to the increasing popularity of larger

MADRID (AP) — Spain’s government says it is mobilizing more than 15,000 police to crack down on striking truck drivers blamed for attacks on colleagues who haven’t joined the walkout. Transport Minister Raquel Sánchez claimed Thursday that “a group of extremists bent on blackmailing this country” is behind the attacks, saying they were linked to

Associated Press Amazon has closed its $8.5 billion acquisition of Hollywood studio MGM, two days after European regulators said the deal “would not significantly reduce competition” in European markets. MGM is one of the oldest studios in Hollywood. The retail giant said in a blog post Thursday MGM has more than 4,000 film titles, 17,000

By NICOLE WINFIELD Associated Press VATICAN CITY (AP) — A once-powerful cardinal has told a Vatican court that he donated 125,000 euros ($140,000) of Vatican money to a Sardinian diocesan charity for purely charitable reasons. He is rejecting prosecutors’ claims that the money benefitted his brother, who ran the charity. Cardinal Angelo Becciu concurred Thursday