AP National Business

By The Associated Press New 5G wireless service is up and running in the United States, with little of the feared disruption to air travel. Some flights were canceled in the early going, but problems seemed to ease as federal regulators approved more planes to operate around 5G signals. On Thursday, the FAA said it

By DAVID PORTER Associated Press NEW YORK (AP) — Federal regulators have given a key approval to a $10 billion project to build a new train tunnel under the Hudson River between New York and New Jersey. The Federal Transit Administration announced Thursday it had upgraded the project’s rating. That makes it eligible to pursue

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — CSX railroad’s fourth-quarter profit jumped 23% even though volume slipped amid the ongoing supply chain challenges. The Jacksonville, Florida-based railroad said Thursday it earned $934 million, or 42 cents per share. That’s up from $760 million, or 33 cents per share, a year earlier. CSX

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — A federal appeals court has found that two California counties violated the Constitution’s right to bear arms when they shut down gun and ammunition stores in 2020 as nonessential businesses during the coronavirus pandemic. Officials in Los Angeles and Ventura counties had separately won lower court

By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a trend that management foresees continuing into the new year as tougher competition is undercutting the video streaming leader. The company added 8.3 million worldwide subscribers during

Stocks that traded heavily or had substantial price changes Thursday: Alcoa, Casper rise; Regions Financial, Clorox fall.

JERUSALEM (AP) — Israel’s attorney general says he is launching an investigation into the police’s use of phone surveillance technology following reports that investigators tracked targets without proper authorization. Attorney General Avichai Mandelblit’s four-page letter Thursday said he had not yet found evidence substantiating the reports in the Israeli business daily Calcalist, which claimed that

By DAMIAN J. TROISE AP Business Writer A late-afternoon sell-off wiped out gains for stocks on Wall Street Thursday and sent major indexes deeper into losing territory for the year. The S&P 500 lost 1.1% and the Dow Jones Industrial Average fell 0.9%. The Nasdaq slumped 1.3% after rising by 2.1% earlier in the day,

By MICHELLE L. PRICE and THALIA BEATY Associated Press NEW YORK (AP) — New York City Mayor Eric Adams plans to convert his first paycheck this week into two cryptocurrencies. he has been hyping as a potential economic engine for the city. The Democrat’s office announced Thursday that Adams’ first salary payment will be deposited

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve released a highly anticipated report on central bank digital currencies that suggested it is leaning toward having banks and other financial firms, rather than the Fed itself, manage digital accounts for customers. A central bank digital currency would differ in some key ways

WOODBINE, Ga. (AP) — A judge has denied a request to stop a county from buying land for a planned spaceport near the Georgia coast, dealing the latest blow to the project’s opponents. In an order Thursday, Superior Court Judge Stephen Scarlett denied a request to restrain Camden County from closing on the land deal

By LORI HINNANT Associated Press PARIS (AP) — French energy conglomerate TotalEnergies has asked the American and French governments to support targeted sanctions against Myanmar’s oil and gas funds. The funds are the largest single source of income for the country’s military leaders. In a letter to Human Rights Watch released Thursday, the CEO of

By DUSAN STOJANOVIC Associated Press BELGRADE, Serbia (AP) — Trying to defuse large protests by environmentalists, Serbia’s populist government said Thursday that it was canceling all licenses for mining giant Rio Tinto to open a lithium mine in the Balkan country. “We have fulfilled all the requests of the environmental protests and put an end

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve released a highly anticipated report on central bank digital currencies that suggested it is leaning toward having banks and other financial firms, rather than the Fed itself, manage digital accounts for customers. A central bank digital currency would differ in some key ways

By DEE-ANN DURBIN AP Business Writer McDonald’s is expanding sales of its meatless McPlant burger to hundreds of locations. The company said the McPlant __ which it co-developed with plant-based protein company Beyond Meat __ will be sold at 600 stores in the San Francisco and Dallas areas starting Feb. 14. It’s a major expansion

DES MOINES, Iowa (AP) — Prosecutors have dropped a second case against an activist who exposed what many viewed as the inhumane killing of hundreds of pigs at two Iowa pork plants. Agriculture industry supporters say the activist’s action ran afoul of the the state’s “ag gag” laws. The Des Moines Register reports that Matt

WASHINGTON (AP) — Average long-term U.S. mortgage rates continued to rise this week. The rate on the benchmark 30-year loan breached 3.5%. Home loan rates have been running at levels not seen since early 2020, when the coronavirus pandemic was breaking. Mortgage buyer Freddie Mac reports that the average rate on the 30-year loan rose

By GENE JOHNSON Associated Press SEATTLE (AP) — The Washington Supreme Court has narrowly upheld an $18 million fine against an association of large food brands that funneled dark money into a state political campaign. The 5-4 decision Thursday found that the penalty against the Grocery Manufacturers Association — which is now known as the

By JOSH BOAK Associated Press President Joe Biden is paying a steep price for high inflation. It’s a problem that festered during his first year in office instead of fading away as he suggested it would. Last year’s giant coronavirus relief package drove what will probably be the fastest economic growth since 1984 and pulled