AP National Business

MIAMI (AP) — Carnival Corp. will soon get a new CEO at the helm of the cruise line operator. The company said Tuesday that CEO Arnold Donald will step down on Aug. 1 and be replaced by Josh Weinstein, a longtime Carnival executive. Donald has led Miami-based Carnival since 2013, taking it to record profits

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — JetBlue is further dialing back its growth plans after struggling with a high number of canceled flights. The company said Tuesday that it lost $255 million in the first quarter but saw strong demand for travel, which pushed revenue higher. But in April, JetBlue has canceled

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks fell in afternoon trading on Wall Street Tuesday as markets remain turbulent amid a busy week of earnings from some of the nation’s biggest companies. The S&P 500 fell 2% as of 2:48 p.m. Eastern. The Dow Jones Industrial Average fell 627 points,

By MATT OTT AP Business Writer WASHINGTON (AP) — U.S. consumer confidence dampened slightly in April but remains high even as inflation continues to cloud their optimism about the rest of the year. The Conference Board said Tuesday that its consumer confidence index — which takes into account consumers’ assessment of current conditions and their

By JANIE HAR Associated Press BERKELEY, Calif. (AP) — UC Berkeley sophomore Terrell Thompson slept in his car for nearly two weeks at the start of the school year last fall, living out of a suitcase stashed in the trunk and texting dozens of landlords a day in a desperate search for a place to

NEW YORK (AP) — Stocks are opening lower on Wall Street again, and big technology companies were leading the way lower ahead of a busy week of earnings reports from several of them. Microsoft and Google’s parent company, Alphabet, were among the bigger weights on the market in early trading Tuesday. Both of them will

By SYLVIA HUI Associated Press LONDON (AP) — An independent monitor of Britain’s use of surveillance cameras has asked for the government to clarify its positions on buying equipment from a Chinese company accused of involvement in “appalling human rights abuses.” Fraser Sampson, the biometrics and surveillance camera commissioner, said he raised concerns with senior

LJUBLJANA, Slovenia (AP) — The winner of Slovenia’s weekend parliamentary election says he hopes to have a new government formed by mid-June. Robert Golob met with President Borut Pahor on Tuesday. It was Golob’s first public appearance since he tested positive for the coronavirus in the days before Sunday’s vote. His liberal-green party, the Freedom

NEW YORK (AP) — U.S. markets pointed to losses at the open as investors await a slew of major tech companies’ earnings reports in the next few days. Futures for the S&P 500 and the Dow industrials both slid 0.4% in off-hours trading following a late rally Monday that carried over into most global markets.

WARSAW, Poland (AP) — The death toll from two coal mine accidents last week in southern Poland has risen to 13 after another injured miner died. The man died Tuesday at a hospital where 20 other coal mining workers are still being treated for burns from methane gas blasts, a doctor said. His death means

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Is travel to Europe going to boom this summer? United Airlines is betting on it. United said Tuesday that it will operate more flights across the Atlantic this summer than it did in 2019, the last summer before the pandemic. Patrick Quayle, United’s senior vice president

By ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden’s administration is taking steps to expand availability of the life-saving COVID-19 antiviral treatment Paxlovid. The administration is trying to reassure doctors that there is ample supply for people at high risk of severe illness or death from the coronavirus. Paxlovid is produced by Pfizer

By DALIA RAMIREZ of NerdWallet With enough time and the right tools, online clothing resale can become a profitable side gig or even a full-time job. But before you start selling online, factor in recurring costs such as shipping labels, storage and fees from the resale app and payment processor you use. Other factors like

By KEN MORITSUGU Associated Press BEIJING (AP) — Police and new fencing are restricting who can leave a locked-down area in Beijing, where authorities are trying to prevent a major COVID-19 outbreak. People lined up for throat swabs Tuesday as mass-testing expanded to most of the Chinese capital. Beijing has reported 92 cases of coronavirus

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s government says China does not want to restructure its loans to the island nation but is discussing making an additional loan to help with repayment of existing debts. Government spokesman Nalaka Godahewa said Beijing was balking at restructuring Sri Lanka’s debt because it

By TOM KRISHER and MATT O’BRIEN Associated Press Tesla CEO Elon Musk stands to be the next owner of Twitter, having pledged roughly $44 billion to buy the social platform and take it private. Assuming that happens, next up on his agenda will be planning how to fulfill his promises to develop new Twitter features,

By ELAINE KURTENBACH AP Business Writer Shares have advanced in Europe after closing mostly higher in Asia, though Chinese shares skidded on renewed concerns over pandemic lockdowns. Oil prices declined while U.S. futures were lower. Beijing was enforcing mass testing and closing down access to neighborhoods as China’s capital sought to contain a new COVID-19

By BARBARA ORTUTAY and AMANDA SEITZ Associated Press Tesla billionaire Elon Musk, seemingly intent on making the old new again, has successfully arranged to buy Twitter for about $44 billion. His stated aim is to turn it into a haven for free speech. But the social platform has been down this road before, and it