AP National Business

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Wild volatility in the stock market this week has put heightened scrutiny on the Federal Reserve’s meeting Wednesday and whether the Fed will clarify just how fast it plans to tighten credit and potentially slow the economy. With high inflation squeezing consumers and businesses, the Fed

By JOE McDONALD AP Business Writer BEIJING (AP) — Richer, more heavily armed and openly confrontational, China has undergone history-making changes since the last time it hosted the Olympics, in 2008. Then, as fireworks exploded over Beijing, China was about to pass Japan to become the No. 2 global economy. The ruling Communist Party celebrated

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — South Korea is enforcing new COVID-19 response measures, including reduced quarantine periods and expanded rapid testing as its new cases jumped nearly 50% in a day. It underscores the speed of transmissions driven by the highly contagious omicron variant, which became the country’s dominant strain

TORONTO (AP) — Canadian officials say hackers launched a cyberattack on the country’s Global Affairs Department last week. The Canadian government is not saying who it suspects was behind the Jan. 19 attack, which has left some diplomats without access to some online services almost a week later. But the attack came one day before

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mixed in muted trading, as many stayed on the sidelines ahead of a U.S. Federal Reserve meeting that will indicate how aggressive it will be in fighting inflation. Japan’s benchmark Nikkei 225 fell in morning trading, while shares gained in South Korea and

By BRIAN MELLEY Associated Press LOS ANGELES (AP) — A conservation group is turning over a historic redwood grove on the Northern California coast to descendants of the original Native American inhabitants. Save the Redwoods League said it would transfer to the InterTribal Sinkyone Wilderness Council a 523-acre property it recently acquired on the Lost

WASHINGTON (AP) — Federal regulators are suing to block a Lockheed Martin acquisition that it says would limit competition among companies that supply missiles to the Pentagon. The Federal Trade Commission said Tuesday that the $4.4 billion deal would eliminate the last independent U.S. supplier of key missile parts. The FTC says that if the

By SCOTT SONNER Associated Press RENO, Nev. (AP) — The U.S. government plans to capture more wild horses on federal lands this year than ever before. The Bureau of Land Management plans to permanently remove at least 19,000 horses and burros this year, about 70% more than the previous high a year ago. The plan

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Saudi Arabia has ordered the restoration of full diplomatic ties with Thailand and said the countries agreed to trade ambassadors. The announcement during Thai Prime Minister Prayuth Chan-ocha’s visit closed the chapter on three decades of mistrust and hostility that stemmed from a sensational

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Canadian National railroad has named a new CEO. It also reached an agreement with the investment fund that has been pushing it to focus more on cutting costs and streamlining its operations. The Montreal-based railroad said Tracy Robinson will lead Canadian National. Robinson previously spent

WASHINGTON (AP) — President Joe Biden will host the ruling emir of Qatar at the White House on Monday. The visit comes as U.S. and European allies are scrambling to put together contingency plans to meet Europe’s energy needs should supplies be impacted by Russia further invading Ukraine. White House press secretary Jen Psaki says

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — The Federal Trade Commission is fining online fashion retailer Fashion Nova $4.2 million, saying that for years it blocked negative reviews of its products from being posted to its website. The agency says in a complaint Tuesday that the California-based retailer misrepresented the product reviews

By DAVID BAUDER AP Media Writer NEW YORK (AP) — The NFL’s epic playoff game between the Buffalo Bills and Kansas City Chiefs was the most-watched event on television since the last Super Bowl. Nielsen said it reached nearly 43 million television viewers on Sunday night. During the fourth quarter in Kansas City, the game’s

By JOSH FUNK AP Business Writer BNSF railroad’s two biggest unions that represent 17,000 workers won’t be able to go on strike over a new attendance policy they say would penalize employees for missing work for any reason. A federal judge ruled Tuesday that a strike would likely violate federal law because railroad unions aren’t

By STAN CHOE and PAUL WISEMAN Associated Press NEW YORK (AP) — The stock market is losing crucial support from the Federal Reserve. Omicron is causing havoc at businesses around the world. And Russia just might be preparing to invade Ukraine. These are just some of the uncertainties leading investors to sell stocks. The S&P

By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is pledging to chat more with everyday Americans and followed through Tuesday by visiting a gift shop and ice cream store in Washington’s Capitol Hill neighborhood. Biden went shopping at Honey Made. It’s a boutique that opened up last year amid the pandemic. The

By BEN FOX Associated Press WASHINGTON (AP) — Extremist groups in the United States appear to increasingly view attacking the power grid as a means of disrupting the country, according to a government report aimed at law enforcement agencies and utility operators. Domestic extremists “have developed credible, specific plans to attack electricity infrastructure since at

By MATT O’BRIEN AP Technology Writer Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic continued to keep many office workers at home. The Redmond, Washington company on Tuesday reported fiscal second-quarter profit of $18.8 billion. It posted revenue of $51.7 billion for the October-December period,

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Nvidia, General Electric fall; IBM, American Express rise.

By DAVID BAUDER AP Media Writer NEW YORK (AP) — It’s Neil Young versus Joe Rogan for the allegiance of Spotify. Or is it? The veteran rocker fired off a public missive to his management on Monday demanding that they remove his music from the popular streaming service in protest over Rogan’s popular podcast spreading