AP National Business

BOSTON (AP) — A former classmate has testified that one of the students prosecutors say was admitted to the University of Southern California with bogus athletic credentials in the college admissions bribery scheme didn’t even make her high school’s varsity basketball team. The testimony came Friday as prosecutors wrapped up the first week of their

By SUSAN MONTOYA BRYAN Associated Press ABIQUIU, N.M. (AP) — The Rio Chama begins at the edge of the Rocky Mountains and courses through rugged basalt hillsides and the red and yellow cliffs made famous by painter Georgia O’Keeffe. Here marked the start of New Mexico’s centuries-old tradition of sharing water through irrigation systems known

BARAGA, Mich. (AP) — Fred Dakota has died at age 84 after creating a milestone for Native American gambling by opening a garage casino in Michigan in the 1980s. A funeral home says Dakota died Monday at his home in Baraga in Michigan’s Upper Peninsula. Dakota was a member of the Keweenaw Bay Indian Community

BEIJING (AP) — An Air France-KLM flight has returned to Beijing shortly after takeoff after smoke filled the cabin. The airline said Saturday the Boeing 777 connecting Beijing Airport with Paris-Charles de Gaulle suffered a technical failure linked to overpressure in one of the air conditioning pipes, which spread residue and dust in the cabin.

By SCOTT SONNER Associated Press RENO, Nev. (AP) — Aluminum wraps designed to protect homes from flames are getting attention as wildfires burn in California. During a fire near Lake Tahoe, some wrapped houses survived while nearby homes were destroyed. The material resembles tin foil from the kitchen drawer but is modeled after the tent-like

By ALAN FRAM Associated Press WASHINGTON (AP) — Congressional Democrats face a daunting assignment. They’re trying to complete a $3.5 trillion, 10-year bill strengthening social and environment programs and raising taxes on the rich. That means they need to rewrite tax, health and environment policy. They might have to reduce the cost dramatically to satisfy

By ROD McGUIRK and ELAINE GANLEY Associated Press PARIS (AP) — France’s foreign minister has denounced what he called the “duplicity, disdain and lies” surrounding the sudden rupture of France’s lucrative contract to make submarines for Australia in favor of a U.S. deal. He also declared that a crisis is at hand among the Western

By GEOFF MULVIHILL Associated Press A judge formally approved a plan Friday to turn OxyContin maker Purdue Pharma into a new company no longer owned by members of the Sackler family and with its profits going to fight the opioid epidemic. A U.S. bankruptcy court judge signed the plan Friday, more than two weeks after

CORAL GABLES, Fla. (AP) — Federal officials say they will investigate a fiery Tesla crash that left two people dead in South Florida. The National Transportation Safety Board says three investigators are traveling next week to Coral Gables, where a Tesla Model 3 left the roadway and collided with a tree Monday. The NTSB investigation

NEW YORK (AP) — A former executive at pharmaceutical company Mylan has pleaded guilty to insider trading in the company’s securities. The Justice Department said Friday that Dayakar Mallu of Orlando, Florida, worked with another executive at Mylan to make trades between 2017 and 2019 based on nonpublic information about Mylan. The information ranged from

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The World Bank has dropped a popular report that ranked countries by how welcoming they are to businesses after allegations that it bowed to pressure from China and other governments. The report is important to many companies and investors around the world: They use the World

The Associated Press Stocks closed lower on Wall Street Friday, marking a feeble ending to an up-and-down week of trading.The S&P 500 index fell and notched its second straight weekly loss. The Dow Jones Industrial Average and Nasdaq also fell.  Technology and communications companies were the biggest drags on the market. Energy prices fell and

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Protagonist, Schlumberger fall; Invesco, Thermo Fisher rise.

By SYLVIE CORBET Associated Press PARIS (AP) — France has recalled its ambassador to the United States in an unprecedented show of anger that dwarfs decades of previous rifts. The relationship appears at a tipping point after the U.S., Australia and Britain shunned France in creating a new Indo-Pacific security arrangement. It is the first

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

SEATTLE (AP) — A Pakistan resident has been sentenced to 12 years in prison for a conspiracy to “unlock” phones from AT&T’s network, a scheme that the company says cost it more than $200 million. Muhammad Fahd began bribing employees of an AT&T call center in Bothell, Washington, in 2012, to use their credentials to

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California’s unemployment rate declined slightly in August as the state added 104,300 new jobs for the month. New data from the Califonria Employment Development Department shows that nearly 45% of all job gains in August came from government jobs. The agency said that’s likely because public

By HALELUYA HADERO AP Business Writer Philanthropist MacKenzie Scott has funded organizations that received the most money for racial equity in 27 different states following the police killing of George Floyd. According to an AP analysis of new preliminary data from the philanthropy research organization Candid, Scott was responsible for approximately $567 million given to

By SOPHENG CHEANG Associated Press PHNOM PENH, Cambodia (AP) — Cambodia’s prime minister has boasted of barging uninvited into a video conference call hosted by his political opponents. Hun Sen, an enthusiastic user of social media, says he intruded into a Zoom call made by his opponents to warn them that he and his spies

By JOSH BOAK and ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden entered the White House promising to stop the twin health and economic crises caused by COVID-19. But $1.9 trillion and countless initiatives later, he’s confronting the limits of what Washington can achieve when some state and local governments are unwilling or