AP National Business

By SAM KEMMIS of NerdWallet Demand for travel has returned to pre-pandemic levels just in time for travel’s hottest season — summer. National parks, Mexico and other resort destinations have surging demand, making them less-than-ideal destinations for budget-conscious travelers. Instead, deal seekers should go to places that have been slow to recover, such as Italy

By VANESSA GERA and VESELIN TOSHKOV Associated Press WARSAW, Poland (AP) — Polish and Bulgarian leaders accused Moscow of using natural gas to blackmail their countries after Russia’s state-controlled energy company stopped supplying their countries with gas Wednesday. European Union leaders echoed those comments and were holding an emergency meeting on the Russian move. The

By KELVIN CHAN AP Business Writer LONDON (AP) — A hands-off approach to moderating content at Elon Musk’s Twitter could clash with ambitious new laws in Europe meant to protect users from disinformation, hate speech and other harmful material. Musk, who describes himself as a “free speech absolutist,” pledged to buy Twitter for $44 billion

By RONALD MONTOYA Edmunds The conventional wisdom of car buying once stated that your loan should not exceed 48 months. But the latest data from Edmunds shows that the average loan term for a new car has steadily increased over the last decade and is now about 70 months. These longer loan terms reflect not

WARSAW, Poland (AP) — Polish and Bulgarian leaders accused Moscow of using natural gas to blackmail their countries after Russia’s state-controlled energy company abruptly announced it would stop supplying the two European nations Wednesday. The gas cutoff came after Russian President Vladimir Putin said that “unfriendly” countries would need to start paying for gas in

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were mixed Wednesday, with European shares advancing after a retreat in Asia, though mainland Chinese stocks rebounded as Beijing redoubled confidence-boosting efforts with promises of more support for the slowing economy. U.S. futures were higher and oil prices also rose, but modestly. The focus

By FARAI MUTSAKA Associated Press HARARE, Zimbabwe (AP) — Zimbabwe, Africa’s biggest tobacco grower, has opened its selling season for the crop amid pledges to fight deforestation and child labor in response to pressure from rights groups, environmentalists and international buyers. Tobacco is on a rebound in the southern African nation where production plummeted from

BEIJING (AP) — Drone company DJI Technology Co has temporarily suspended business activities in Russia and Ukraine to ensure its products are not used during the hostilities in a rare example of a Chinese company publicly withdrawing from Russia due to the war. The company said in a statement that “DJI is internally reassessing compliance

GENEVA (AP) — Credit Suisse is reporting a pretax loss of 428 million Swiss francs ($443 million) and a plunge in revenues in the first quarter. It was marked in part by a loss of 206 million Swiss francs linked to Russia’s invasion of Ukraine. Credit Suisse on Wednesday also reported net revenues of 4.4

By SYLVIE CORBET Associated Press PARIS (AP) — Soon after his victory was announced, French President Emmanuel Macron took the stage to the sound of the European Union’s anthem, the “Ode to Joy.” The symbolism was strong: The 44-year-old centrist’s election to a second term bolsters his standing as a senior player in Europe. Macron

By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Shanghai city authorities said Wednesday they will start rounds of COVID-19 testing over the next few days to determine which neighborhoods can safely be allowed a limited amount of freedom of movement, as residents in Beijing watch carefully on word for whether the capital city will

By RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — The older you are, the less you fret about aging in your own home or community. That’s a key insight from a new Associated Press-NORC Center for Public Affairs Research poll, which found that U.S. adults ages 65 or older feel much better prepared to “age in

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly retreated on Wednesday, echoing a broad decline on Wall Street and driven by worries about how the war in Ukraine may push prices for oil and other commodities higher. Tokyo’s benchmark fell after Prime Minister Fumio Kishida announced measures to help poor families

By VANESSA GERA and MONIKA SCISLOWSKA Associated Press WARSAW, Poland (AP) — Polish and Bulgarian officials said Tuesday that Moscow is cutting off natural gas deliveries to their countries due to their refusal to pay in Russian rubles, a demand made by President Vladimir Putin after sanctions were levied against his nation over the invasion

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — General Motors’ net income declined in the first quarter, as the automaker sold fewer cars and trucks worldwide, though higher prices helped boost revenue, especially in North America. The Detroit company’s adjusted earnings topped Wall Street estimates, though its revenue fell short of analysts’ forecasts.