AP National Business

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares have declined after a sell-off on Wall Street spurred by news that inflation jumped 7.5% in January. Benchmarks fell in London, Paris and Hong Kong and U.S. futures also were lower. Markets in Japan were closed for a holiday. Investors believe the Federal Reserve

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — High inflation and tangled supply chains have seeped into nearly every nook of the economy, forcing consumers and businesses to make painful decisions that many of them have never had to contemplate before. With the government reporting Thursday that consumer inflation reached 7.5% over the past

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares are mostly lower in Asia after a sell-off on Wall Street spurred by news that inflation jumped 7.5% in January. The higher-than expected figure raised expectations the Federal Reserve and other central banks may move faster in raising interest rates to tamp down sizzling prices.

By SCOTT McFETRIDGE Associated Press DES MOINES, Iowa (AP) — The nation’s egg producers are in the midst of a multibillion-dollar shift to cage-free eggs that is dramatically changing the lives of millions of hens in response to new laws and demands from restaurant chains. In a decade, the percentage of hens in cage-free housing

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — SpaceX’s Elon Musk says the first orbital flight of his towering Starship could come in another month or two. While he expects “bumps in the road,” he’s confident Starship will reach orbit by the end of this year. Musk provided an update of the

By CANDICE CHOI and KELVIN CHAN Associated Press BEIJING (AP) — To stage the Winter Games in the Chinese capital, organizers embarked on a massive public works campaign, constructing new venues and piping millions of gallons of water up into the arid surrounding mountains to create fake snow for ski competitions. And then they proclaimed

By The Associated Press Sting is selling every song he wrote. The British singer-songwriter is selling his music catalog to Universal Music Publishing Group. The company didn’t disclose the price when it announced the deal on Thursday. Sting is the latest in a line of music stars who are selling their catalogs to investors who

By RUSS BYNUM Associated Press SAVANNAH, Ga. (AP) — A judge has blocked a Georgia county from buying land for a commercial spaceport until the project goes before voters in a special election next month. Commissioners in coastal Camden County have spent 10 years and more than $10 million pursuing a launchpad for sending satellites

INDIANAPOLIS (AP) — State officials say a strain of avian flu that can cause high mortality rates among birds confirmed at a commercial turkey farm in southern Indiana has not spread to neighboring farms. The Indiana State Board of Animal Health said Thursday that poultry farms with a 10-kilometer control area around the infected Dubois

SEATTLE (AP) — A man who U.S. authorities said was involved in a sophisticated international video game piracy group called Team Xecutor has been sentenced to more than three years in prison. Gary Bowser was given the 40-month sentence on Thursday. He is a Canadian who lived in the Dominican Republic and was deported to

By ROB GILLIES and TOM KRISHER Associated Press TORONTO (AP) — The Biden administration urged Prime Minister Justin Trudeau’s government Thursday to use its federal powers to end a truck blockade by Canadians protesting the country’s COVID-19 restrictions that is tightening the screws on the auto industry, forcing Ford, General Motors and other car companies

By RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — The Biden administration says it has purchased enough doses of a yet-to-be approved antibody drug to treat 600,000 patients with COVID-19. The medicine from pharmaceutical giant Eli Lilly will be shipped out to states free of charge if the Food and Drug Administration approves the company’s request

NEW ORLEANS (AP) — The editor of Louisiana’s largest newspaper is retiring, and the new editor is a returning New Orleans native who comes to the job after heading the biggest newspaper in Minnesota. The Times-Picayune of New Orleans and The Advocate of Baton Rouge announced Thursday that Rene Sanchez of the Star Tribune of

Stocks that traded heavily or had substantial price changes Thursday: Mattel, Walt Disney rise; Canada Goose, Lumen fall.

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — A rocket startup’s big launch debut at Florida’s Cape Canaveral has ended with all four mini satellites destroyed. California-based Astra sent its rocket soaring Thursday after multiple delays. The 43-foot rocket arced through a clear afternoon sky with the research satellites sponsored by NASA.

By MICHAEL LIEDTKE AP Business Writer SAN RAMON, Calif. (AP) — California regulators have sued electric car maker Tesla Inc. They allege the company has been discriminating against Black employees who have been likened to monkeys and slaves at the San Francisco Bay Area factory where most of its vehicles are made. The lawsuit seems

By The Associated Press Novavax says its COVID-19 vaccine is proving safe and effective for kids as young as 12. The Maryland-based company makes a protein-based vaccine that’s been cleared for use in adults in parts of the world including Britain and Europe, and is under review in the U.S.  Novavax studied more than 2,000

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks slumped and bond yields moved sharply higher after a hot reading on inflation led to greater expectations that the Federal Reserve will have to move forcefully to cool down the economy by raising interest rates. The S&P 500

By SARA CLINE Associated Press/Report for America PORTLAND, Ore. (AP) — Pacific Northwest lawmakers are eyeing several emergency relief bills aimed at helping vulnerable people following last year’s historic heat wave that killed at least 220 people. The measures would provide millions in funding for cooling systems and weather shelters during future extreme weather events.

By SCOTT SONNER and KEN RITTER Associated Press CARSON CITY, Nev. (AP) — Nevada and its casinos have stopped requiring people to wear masks in public. Gov. Steve Sisolak announced Thursday the state no longer requires face coverings in most places, “effective immediately.” State gambling regulators quickly followed with an order lifting the rule for