AP National Business

MIDLAND, Texas (AP) — A West Texas oilfield company and a company executive have been indicted in the 2019 poisonous gas deaths of a worker and his wife. Odessa-based Aghorn Operating Inc. and Aghorn Vice President Trent Day are charged with violating federal clean air and water laws and obstructing a federal job safety investigation.

By DAVID KOENIG AP Business Writer DALLAS (AP) — Gasoline prices are setting a new record, and they’re likely to go higher in the coming weeks. The national average topped $4.17 a gallon on Tuesday, according to auto club AAA. Californians already pay over $5 on average, and residents in a few other states could

WASHINGTON (AP) — In their latest case targeting alleged fraud in cryptocurrency, federal regulators have accused two siblings of defrauding thousands of ordinary investors out of some $124 million in unregistered securities offerings involving a digital token. The Securities and Exchange Commission alleged in a civil lawsuit that John and JonAtina Barksdale used in-person roadshows

By ZEKE MILLER, MIKE BALSAMO and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he also acknowledged it will bring costs to Americans, particularly at the gas pump.

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks yo-yoed, oil prices climbed and the price of nickel surged so much that trading for it was shut on Tuesday. The economic fallout from Russia’s invasion of Ukraine continues to rock markets, and the U.S. banned imports of oil from Russia. The S&P 500

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Puerto Rico’s governor says his administration is cancelling a proposed debt restructuring deal for the island’s public power company, calling it unfeasible. The deal had been in the works for several years and was delayed by the pandemic, with many expecting it might have

By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Apple on Tuesday unveiled a new version of its budget-priced iPhone that’s capable of connecting to ultrafast 5G wireless networks, an upgrade that has been available on the company’s upscale models for more than a year.  The latest iPhone SE marks the first upgrade

By KEVIN McGILL Associated Press NEW ORLEANS (AP) — President Joe Biden’s requirement that all federal employees be vaccinated against COVID-19 is awaiting judgment from a federal appeals court after arguments in New Orleans. An administration attorney told the court Tuesday that a federal judge in Texas was wrong to block the mandate. Opponents of

By ZEKE MILLER, MIKE BALSAMO and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he also acknowledged it will bring costs to Americans, particularly at the gas pump.

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks gained ground, oil prices jumped and the price of nickel surged so much that trading for the metal was shut on Tuesday. The economic fallout from Russia’s invasion of Ukraine continues to rock markets, and U.S. President Joe Biden said he’s banning the import

By DEE-ANN DURBIN AP Business Writer DETROIT (AP) — McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country’s invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia. But in an open letter to employees, McDonald’s President and CEO

By KERSTIN SOPKE and FRANK JORDANS Associated Press BERLIN (AP) — Tens of thousands of people fleeing the war in Ukraine have been arriving in Berlin. Many of those coming to the German capital are staying in private accommodations with friends, relatives or volunteer hosts. Among them is Emmanuel Oyedele, a Nigerian student who is

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The unions that represent roughly half of BNSF’s workers continue to fight against the railroad’s new attendance rules they say penalizes them for missing work for any reason even though a judge has barred them from striking. The unions launched a petition drive this week

By ZEKE MILLER, MIKE BALSAMO and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he also acknowledged it will bring costs to Americans, particularly at the gas pump.

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union is seeking to fully phase out its dependency on Russian energy “well before 2030” to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises like the invasion of Ukraine. The EU leaders meet in Versailles outside

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks swung, oil prices jumped and the price of nickel surged so much that trading for it was shut on Tuesday. The economic fallout from Russia’s invasion of Ukraine continues to rock markets, and U.S. President Joe Biden said he’s banning the import of oil

By ZEKE MILLER, MIKE BALSAMO and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he also acknowledged it will bring costs to Americans, particularly at the gas pump.

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union is seeking to fully phase out its dependency on Russian energy “well before 2030” to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises like the invasion of Ukraine. The EU leaders meet in Versailles outside

By STEVE KARNOWSKI Associated Press MINNEAPOLIS (AP) — Teachers in the Minneapolis School District have gone on strike after failing to reach agreement on a new contract. Tuesday’s move paused classes for some 29,000 students and nearly 3,300 teachers in one of Minnesota’s largest school districts. Meanwhile, the teachers in neighboring St. Paul reached a