AP National Business

By SCOTT SONNER Associated Press TAHOE CITY, Calif. (AP) — Drought fueled by climate change has dropped Lake Tahoe below its natural rim and halted flows into the Truckee River. It’s an historically cyclical event but it’s occurring sooner and more often than it used to. Scientists are concerned that the growing frequency of low-water

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Snap, Intel fall; American Express, Mattel rise.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks ended up with a mixed finish on Wall Street Friday after another choppy day of trading, but major indexes still marked their third weekly gains in a row. The S&P 500 slipped 0.1% as sizable drops in several big tech companies outweighed gains in

By TOM KRISHER AP Auto Writer DETROIT (AP) — For the first time in eight months, the global shortage of computer chips won’t force General Motors to close any North American factories. The company said Friday that as of Nov. 1, all plants that had been closed on and off since February due to the

By TOM HAYS and LARRY NEUMEISTER Associated Press NEW YORK (AP) — A New York jury has convicted a former associate of Rudy Giuliani of charges that he made illegal campaign contributions to influence U.S. politicians and advance his business interests. The verdict convicting him on all six counts was returned Friday in Manhattan federal

By MIKE STOBBE AP Medical Writer NEW YORK (AP) — U.S. health officials may have solved the mystery of how four people in different states came down with a serious tropical disease, even though none had traveled internationally. The four people may have been infected by an aromatherapy spray imported from India. Two of them

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says the tangled supply chains and shortages that have bedeviled the U.S. economy since this summer have gotten worse and will likely keep inflation elevated well into next year. But he says the Fed is not yet prepared to lift its

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — A government watchdog says federal regulators often fail to get to the bottom of maintenance issues at American Airlines. The inspector general for the Transportation Department reported Friday that the Federal Aviation Administration sometimes didn’t look deeper than accepting American’s explanation for the cause of maintenance

TUSCALOOSA, Ala. (AP) — The University of Alabama has contracted with an online app in response to complaints over long concession lines at home football games during the coronavirus pandemic. The school is also making other changes in hopes of speeding up service when Tennessee visits for Saturday’s homecoming. The capacity crowd of more than

BERLIN (AP) — A study claims that large technology companies are underreporting their greenhouse gas emissions at a time of heightened scrutiny over the role of corporations in driving climate change. Research published Friday in the journal Nature Communications found inconsistencies in the way companies declare their carbon footprint. This measure is increasingly considered important

By ANDREW SELSKY and MANUEL VALDES Associated Press THE DALLES, Ore. (AP) — Conflicts over water are as old as history itself, but the massive Google data centers on the edge of a small Oregon town represent an emerging 21st century concern. Now a critical part of modern computing, data centers help people stream movies

By KEN SWEET AP Business Writer WASHINGTON (AP) — The Justice Department has announced a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods. It is the first major expansion of redlining investigations since the Obama administration. As part of the effort, the Justice Department as

By BRUCE SCHREINER Associated Press One of the world’s largest bourbon producers has announced a tentative contract agreement with a union representing striking workers in Kentucky. About 420 striking workers will vote on the five-year contract offer Saturday. The walkout began about six weeks ago after they rejected a previous contract offer. The breakthrough comes

By STAN CHOE AP Business Writer NEW YORK (AP) — The company planning to bring President Donald Trump’s new media venture to the stock market soared again on Friday amid another frenzy of trading. Digital World Acquisition Corp. nearly tripled in the first minute of trading before trading in it was temporarily halted. It then

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Major stock indexes on Wall Street are mostly lower in afternoon trading Friday as losses for several large technology and communications companies weigh on the market. The S&P 500, which notched a record high a day earlier, slipped less than 0.1%. The Dow Jones Industrial

By The Associated Press Regional airline SkyWest has canceled hundreds of flights over the last two days because of what it calls an internal technical issue. SkyWest said Friday that it fixed the issue Thursday night and was working to return to normal operations. SkyWest operates flights on smaller planes that usually hold fewer than

By DAVID BAUDER AP Media Writer NEW YORK (AP) — Fox News Media is entering another rough-and-tumble world — the weather. The company will launch the Fox Weather service on Monday. Fox expects that the free streaming service and app will be used most frequently by people on their mobile devices. The move comes at

By KEN SWEET AP Business Writer NEW YORK (AP) — American Express saw its profits surge last quarter by 70% as Americans and companies pulled out their cards to start traveling, dining out and entertaining as they had done before the pandemic. The New York-based company said Friday it earned $1.83 billion last quarter, or

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion in 2020. The deficits in both years reflected trillions of dollars in government spending to counteract the devastating effects of a global

By CHRISTOPHER RUGABER, CASEY SMITH and LARRY FENN Associated Press/Report for America INDIANAPOLIS (AP) — Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the millions of jobs that employers