AP National Business

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup. The Seattle-based e-commerce giant’s stock fell 9% in after-hours trading. Amazon reported a

By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Apple on Thursday reported quarterly results that topped analysts’ profit projections despite supply shortages, economic fallout from the Russia-Ukraine war and a growth slowdown from the huge sales lift that technology products and service got from pandemic restrictions. The results for the January-March period

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — California’s attorney general has subpoenaed ExxonMobil as part of what he called a first-of-its-kind investigation into the petroleum industry for its alleged role in causing a global plastic pollution crisis. Attorney General Rob Bonta on Thursday said the industry has encouraged the development and use of

By KEVIN FREKING and MATTHEW DALY Associated Press WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging. In doing so, they downplayed the possibility of other options such as a

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: McDonald’s, Qualcomm rise; Ford, Domino’s fall.

WASHINGTON (AP) — The money that President Joe Biden has asked Congress to approve for Ukraine is designed to help with a range of needs — military equipment for the immediate fight, economic aid for the future and much more. Altogether, Biden is seeking $33 billion. Roughly two-thirds of it would be to keep weapons

By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden’s upbeat message that the economy is cruising along hit a troublesome speed bump on Thursday when the federal government reported that U.S. gross domestic product shrank during the first three months of 2022. Economic activity declined at annual rate of 1.4%, a sharp reversal

By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — The federal government has finished another environmental review of a proposed transmission line that will carry wind-generated electricity from rural New Mexico to big cities in the West and similar reviews are planned for two more projects that would span parts of Utah and Nevada,

By DAVID KEYTON and INNA VARENYTSIA Associated Press KYIV, Ukraine (AP) — Russia pounded targets from practically one end of Ukraine to the other Thursday, including Kyiv, bombarding the city while the head of the United Nations was visiting in the boldest attack on the capital since Moscow’s forces retreated weeks ago. Nearly a dozen

By ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Arkansas is suing Family Dollar over the discovery of more than 1,000 rodents in a distribution facility in the state that prompted the discount retail chain to recall items purchased from hundreds of stores in the South. The lawsuit, filed Thursday by Attorney General Leslie

By KEVIN FREKING and MATTHEW DALY Associated Press WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging. In doing so, they downplayed the possibility of other options such as a

CINCINNATI (AP) — An Ohio school board outside Cincinnati voted during an emergency meeting on Wednesday to censure a member who said she accidentally posted a link to a pornography site on her campaign’s Facebook page. The board for the Lakota Local School District in Liberty Township also asked Darbi Boddy, 41, to resign. She

By ALAN FRAM, ZEKE MILLER and AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden wants Congress to provide $33 billion to bolster Ukraine’s fight against Russia. The request came Thursday and signals a long-haul American commitment as Moscow’s invasion and the international tensions it has inflamed show no signs of receding. The measure

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for the rest of 2022 based on the strength of the job market and consumer spending. The

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Major stock indexes on Wall Street notched their biggest gains in more than six weeks Thursday, as technology companies clawed back some of the ground they had lost recently. The S&P 500 rose 2.5%, with roughly 85% of the stocks in

By INNA VARENYTSIA and DAVID KEYTON Associated Press IRPIN, Ukraine (AP) — Moscow’s offensive in eastern Ukraine gathered momentum as several areas came under heavy shelling Thursday, amid suspicions Russian President Vladimir Putin wants to score a major battlefield success in time for Victory Day, one of Russia’s proudest holidays, on May 9. Ukrainian authorities

ANKARA, Turkey (AP) — Turkey has rejected accusations by Athens that its warplanes conducted unauthorized military flights over Greek islands and pointed the finger at Greece instead. Turkey insisted Thursday that it was Greece’s Air Force which carried out “provocative flights” near Turkey’s coast, repeatedly violating the airspace in southwest Turkey.  The two NATO allies

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The U.S. government on Thursday released its long-awaited plan to ban menthol cigarettes and flavored cigars, citing the toll on Black smokers and young people. “The proposed rules would help prevent children from becoming the next generation of smokers and help adult smokers quit,” said Health