AP National Business

By SABINA NIKSIC Associated Press SARAJEVO, Bosnia-Herzegovina (AP) — Some former vaccine skeptics in Eastern Europe are shifting over to the other side. Fata Keco was afraid of possible adverse side effects when she rolled up her sleeve in the Bosnian capital of Sarajevo to take her first COVID-19 vaccine shot. but the worst she

By INNA VARENYTSIA and YURAS KARMANAU Associated Press NEVELSKE, Ukraine (AP) — The 7-year-old conflict in eastern Ukraine has all but emptied the village of Nevelske located near the line of contact between Russia-backed separatists and Ukrainian forces. Only five people still live in the village. That’s down from a population of 286 in 2014.

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — California workplace regulators extended the state’s coronavirus pandemic regulations into next year with revisions that businesses say could worsen the labor shortage. The main change in the California Occupational Safety and Health Standards Board’s revised rule Thursday erases current distinctions between vaccinated and unvaccinated employees. Both

By BRIAN MELLEY and MATTHEW BROWN Associated Press LOS ANGELES (AP) — A pipeline operator has been indicted for a leak that spilled up to 25,000 gallons of crude oil off the Southern California coast. On Wednesday, a federal grand jury charged Houston-based Amplify Energy Corp. and two subsidiaries with a misdemeanor for discharging oil

By ELAINE KURTENBACH AP Business Writer Stocks have climbed in Asia, tracking Wall Street’s gains, after the Federal Reserve said it would accelerate its pullback of economic stimulus. The Fed said it would likely raise interest rates three times next year to tackle rising inflation and will shrink its monthly bond purchases at twice the

By BRIAN MELLEY and MATTHEW BROWN Associated Press LOS ANGELES (AP) — A Los Angeles federal grand jury has charged a Texas oil company and two subsidiaries for an oil spill off the California coast in October. Federal prosecutors said Wednesday that Amplify Energy Corp. and its two subsidiaries that operate oil rigs and a

By MICHAEL R. BLOOD Associated Press LOS ANGELES (AP) — The Port of Los Angeles is on track to move a record volume of import cargo this year. Officials at the nation’s busiest port expect to hit the new mark, even as they struggle to clear a backup of ship traffic and ease supply chain

By JOHN FLESHER AP Environmental Writer TRAVERSE CITY, Mich. (AP) — Enbridge Energy is trying to shift to federal court a Michigan lawsuit seeking shutdown of an oil pipeline that runs beneath a channel linking two of the Great Lakes. Attorney General Dana Nessel filed suit in 2019, arguing that Enbridge’s Line 5 should not

By BRIAN MELLEY Associated Press LOS ANGELES (AP) — A Los Angeles federal grand jury has charged a Texas oil company and two subsidiaries for an oil spill off the California coast in October. Federal prosecutors said Wednesday that Amplify Energy Corp. and its two subsidiaries that operate oil rigs and a pipeline off Long

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates. But on Wednesday, Powell suggested that his patience has run out. High inflation

By JOSH FUNK AP Business Writer The Alden Global Capital hedge fund stepped up its efforts to buy Lee Enterprises this week by filing a lawsuit against the newspaper publisher accusing Lee’s board of improperly denying shareholders the chance to have a say on its takeover offer. Lee rejected Alden’s offer to buy the company

WASHINGTON (AP) — Airlines executives say they are are having trouble hiring pilots, flight attendants and other personnel, and that’s part of what is causing canceled flights and scrapping of service to some airports. American CEO Doug Parker says an October service outage began when high winds shut down three of five runways at Dallas-Fort

By JENNIFER PELTZ Associated Press NEW YORK (AP) — New York City lawmakers have voted to bar most new buildings from using natural gas. Wednesday’s vote positions the nation’s most populous city to become a showcase for a climate-change-fighting policy that has been both embraced and blocked around the country. Democratic Mayor Bill de Blasio

NEW YORK (AP) — A former OppenheimerFunds analyst has pleaded guilty to a securities fraud charge alleging he used company secrets to collect over $8 million in illegal profits. Sergei Polevikov entered the plea Wednesday in Manhattan federal court. In a release, U.S. Attorney Damian Williams says Polevikov will forfeit the over $8 million he

BOISE, Idaho (AP) — In a story published December 14, 2021, about nuclear fuel and advanced reactors, The Associated Press erroneously reported where the Energy Department plans to spend $2.5 billion. The money will be spent on two advanced reactor demonstration projects, not a new program involving high-assay low enriched uranium needed to fuel them.

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — What could be California’s first major new reservoir in years has cleared a key regulatory hurdle. The California Water Commission on Wednesday voted in favor of the feasibility of the Sites Reservoir project. The vote means that the project stays eligible to receive more than $800

By BRITTANY PETERSON and FELICIA FONSECA Associated Press LAS VEGAS (AP) — Water leaders in California, Arizona and Nevada have signed an agreement to further reduce their take of Colorado River water to help stave off wider, mandatory cuts in the future. The signing took place Wednesday at the annual Colorado River Water Users Association

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Medtronic, Nucor fall; Eli Lilly, CMC Materials rise.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks rose steadily on Wall Street Wednesday after the Federal Reserve said it would accelerate its pullback of economic stimulus and would likely raise interest rates three times next year to tackle rising inflation. The Fed will shrink its monthly bond purchases at twice the