AP National Business

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Kohl’s shareholders rejected all 10 board nominees pushed by activist investor Macellum Advisors and instead voted in support of the existing board. The department store said that shareholders have voted to re-elect all 13 of its director nominees, according to a preliminary tally at its

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Britain has signed a security assurance with Sweden which like its neighbor Finland is pondering whether to join NATO following Russia’s invasion of Ukraine, pledging to “bolster military ties” in the event of a crisis and support both countries should they come under attack. British

By The Associated Press The shutdown of a gas pipeline through Russian-held territory in Ukraine is sending a new wave of energy jitters through Europe. Ukraine’s pipeline system operator says it had to halt the flows through the pipeline because it no longer controls a key compressor station that’s in Russian hands. The move is

Kendall Nunamaker and her family of five in Kennewick, Washington, faced impossible math this month: How to pay for gas, groceries and the mortgage with inflation driving up prices? Like many other working families, the Nunamakers are grappling with the 8.3% inflation in the consumer price index in April announced Wednesday — slowing slightly from

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are stumbling mostly higher on Wall Street Wednesday after inflation slowed last month but still came in worse than feared. The S&P 500 was 0.4% higher after waffling between gains and losses in early trading. The Dow Jones Industrial Average was up 315 points,

DETROIT (AP) — Hyundai is recalling more than 215,000 midsize cars in the U.S. — most for a second time — because fuel hoses can leak in the engine compartment and cause fires. The recall covers certain 2013 and 2014 Sonata sedans, many of which were recalled for the same problem in 2020. The Korean

NEW YORK (AP) — Stocks are off to a higher start on Wall Street Wednesday and bond yields are rising after the government reported that the pace of inflation moderated last month but not as much as hoped. The S&P 500 shook off an early slide and was up 0.8%, while the tech-heavy Nasdaq composite

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Britain has signed a security assurance with Sweden which like its neighbor Finland is pondering whether to join NATO following Russia’s invasion of Ukraine, pledging to “bolster military ties” in the event of a crisis and support both countries should they come under attack. British

Associated Press NEW YORK (AP) — Philip Morris will attempt to step further into the smoke-free tobacco market, offering to buy the chewing tobacco company Swedish Match for about $16 billion in cash. Swedish Match, based in Stockholm, makes nicotine pouches, chewing tobacco and moist snuff, among other products. It derives more than 65% of

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union’s executive arm has proposed requiring online platforms to detect and report the sharing of child sex abuse images on the internet. The regulation, which needs to be endorsed by member countries and the EU Parliament, would force companies operating in the EU to detect,

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households. Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday. That was below

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Britain has signed a security assurance with Sweden which like its neighbor Finland is pondering whether to join NATO following Russia’s invasion of Ukraine, pledging to “bolster military ties” in the event of a crisis and support both countries should they come under attack. British

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Inflation may be soaring, supply chains remain snarled and the coronavirus just won’t go away, but America’s casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry’s national trade group, said Wednesday that U.S.

By ELENA BECATOROS and JON GAMBRELL Associated Press ZAPORIZHZHIA, Ukraine (AP) — Ukraine shut down a pipeline Wednesday that carries Russian natural gas to homes and industries in Western Europe, while a Kremlin-installed official in a southern region seized by Russian troops said the area will ask Moscow to annex it. The talk of annexation

By ANDY ROSEN of NerdWallet With investors eager to get in early on new cryptocurrency projects, some unscrupulous developers have attracted investments, then walked away before building what they promised — leaving their supporters with worthless holdings. The rug pull, which gets its name from the expression “pulling the rug out,” is part of a

By ALEX NISHIMOTO Edmunds Can the redesigned Acura MDX unseat the reigning three-row luxury champ? The MDX makes a case for itself against the Audi Q7 with its lower starting price, larger third-row bench and slightly more cargo capacity. Meanwhile, the Q7 features an elegant interior and more attainable fuel economy numbers, and it’s more

By JILL LAWLESS Associated Press LONDON (AP) — Britain and the European Union are once again at loggerheads over Brexit. The U.K. government has ramped up threats to scrap parts of its trade treaty with the bloc, saying the rules are preventing the formation of a new government in Northern Ireland. Foreign Secretary Liz Truss

By ELENA BECATOROS and JON GAMBRELL Associated Press ZAPORIZHZHIA, Ukraine (AP) — Ukraine stopped the flow of Russian natural gas on Wednesday through a hub that feeds European homes and stoves, while Kyiv’s military claimed it made some gains in grinding battles near a key northeastern city. In 11 weeks, the war has played out

By FRANK JORDANS Associated Press BERLIN (AP) — European Union authorities say the bloc will no longer require masks to be worn at airports and on planes starting next week amid the easing of coronavirus restrictions.  The European Union Aviation Safety Agency says it hopes the joint decision with the European Centre for Disease Prevention

BEIJING (AP) — China on Wednesday defended sticking to its strict “zero-COVID” approach, calling critical remarks from the head of the World Health Organization “irresponsible.” The response from the Foreign Ministry came after WHO Director-General Tedros Adhanom Ghebreyesus said he had been discussing with Chinese experts the need for a different approach in light of