AP National Business

By JILL LAWLESS Associated Press LONDON (AP) — Britain’s highest court says a business executive who was investigated over suspected fraud had a right to keep his identity private. The Supreme Court ruled that Bloomberg News had breached the businessman’s “reasonable expectation of privacy” with a 2016 story about a U.K. law enforcement probe into

By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans applied for employment benefits last week following three straight weeks of declines. Jobless claims rose by 23,000 to 248,000 last week, the Labor Department reported Thursday. Claims were revised up to 225,000 the previous week. The four-week average for claims, which compensates for weekly

NEW YORK (AP) — U.S. markets were poised to open with declines on Thursday as investors try to interpret Federal Reserve notes while keeping an eye on corporate earnings and the Russia-Ukraine standoff. On Wall Street, futures for the benchmark S&P 500 index fell 0.4% and the same for the Dow Jones Industrial Average was

The Associated Press AMSTERDAM (AP) — Airbus booked a record profit of 4.2 billion euros ($4.8 billion) last year as it delivered more planes with the global economy rebounding from the coronavirus pandemic. It is the first annual profit for the French manufacturer since 2018, before the spread of COVID-19 reduced air travel to levels

By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Walmart muscled through rising inflation and snarled global supply chains to put up strong fourth quarter results. The Arkansas company reported Thursday that its quarterly profit reached $3.56 billion, or $1.28 per share. Per-share earnings adjusted for one-time costs and benefits was $1.53, or 3

ANKARA, Turkey (AP) — Turkey’s central bank kept its key interest rate unchanged for a second consecutive month despite soaring inflation that has left many in the country struggling to purchase food and basic goods. The bank said Thursday that it decided to keep its policy rate at 14%. Last month, it put its rate-cutting

AMSTERDAM (AP) — Airbus has reported record net income of $4.8 billion last year as the aircraft maker delivered more planes to an economy rebounding from the coronavirus pandemic. The Toulouse, France-based company said Thursday that it delivered 611 commercial aircraft in 2021, up from 566 the year before. It’s an important source of cash

BEIJING (AP) — China has rejected a U.S. accusation that Beijing is failing to live up to its market-opening commitments in a new round of complaints as companies wait for the two governments to restart talks on ending a tariff war. The Ministry of Commerce criticized the Biden administration for saying it is developing new

By TOM KRISHER AP Auto Writer DETROIT (AP) — U.S. auto safety regulators have launched another investigation of Tesla, this time tied to complaints that its cars can stop on roads for no apparent reason. The government says it has 354 complaints from owners during the past nine months about “phantom braking” in Tesla’s Models

By MICHAEL BALSAMO Associated Press WASHINGTON (AP) — The Justice Department is launching a new initiative aimed at identifying companies that exploit supply chain disruptions in the U.S. to make increased profits in violation of federal antitrust laws. The program is being unveiled Thursday by the Justice Department’s antitrust division and the FBI. The program

By GRANT PECK and JIM GOMEZ Associated Press BANGKOK (AP) — New Zealand says it will not deal with Myanmar under a major 15-nation trade agreement, the world’s largest that took effect this year, citing the deadly violence and democratic setbacks in the Southeast Asian country after the military seized power. Two diplomats told The

NEW YORK (AP) — Visa Inc. and Amazon.com Inc. have agreed to allow customers to use Visa cards on Amazon sites worldwide without additional fees. Visa said the companies also agreed to collaborate on product and technology initiatives for “innovative payment experiences.” Under the agreement, Amazon’s amazon.co.uk site in Britain will no longer turn off

By MALLIKA SEN Associated Press BEIJING (AP) — The five members of the International Olympic Photo Pool all employ robotics to augment their wire offerings. But good old-fashioned photography skills and instinct are integral to making them. The use of robotics began out of necessity, when there were to be no catwalks at the 2012

By JOE McDONALD AP Business Writer BEIJING (AP) — Global stock markets and Wall Street futures are mixed after Federal Reserve policymakers indicated they are leaning toward more decisive action on inflation but set no firm targets. London and Tokyo declined while Shanghai and Frankfurt advanced. Wall Street closed mixed Wednesday after notes from the

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan is to announce easing of strict border controls by increasing the daily quota for foreign arrivals and shortening the quarantine requirement beginning in March. The move follows criticisms that the country’s policy is unscientific and exclusionist. Senior officials of Prime Minister Fumio Kishida’s governing party recently