AP National Business

By RANDALL CHASE Associated Press DOVER, Del. (AP) — A Delaware judge is facing a host of controversial and complex issues as she weighs whether to approve the Boy Scouts of America’s bankruptcy reorganization plan. The BSA sought bankruptcy protection more than two years ago to stave off a flood of lawsuits alleging child sexual

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A Chinese man has been sentenced to more than four years in prison after he admitted he fraudulently tried to get $20 million in federal coronavirus-relief funds that were supposed to aid distressed businesses. U.S. District Judge Richard M. Berman announced the four year, four month

By ANTHONY IZAGUIRRE Associated Press TALLAHASSEE, Fla. (AP) — The Florida House of Representatives has given final passage to a bill to dissolve a private government that Walt Disney World has been allowed to operate on its properties for more than five decades. House lawmakers approved the measure on Thursday. The passage is a victory

By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — Independent federal investigators say there are significant issues related to fire training at the U.S. government’s nuclear waste repository in New Mexico. The U.S. Energy Department’s Office of Inspector General also found that firefighting vehicles at the Waste Isolation Pilot Plant were in disrepair from

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Charles Evans will retire early next year after 15 years as president of the Federal Reserve Bank of Chicago, a tenure that made him the longest-serving regional Fed president. Among Fed officials, Evans has been a vocal supporter of lower interest rates. His departure comes as

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks turned mixed in afternoon trading on Wall Street Thursday as traders reviewed the latest round of earnings reports from several big U.S. companies. The S&P 500 fell 0.2%, the Dow Jones Industrial Average rose 0.1% and the Nasdaq fell 0.5%. American Airlines rose

By TALI ARBEL and DAVID BAUDER Associated Press Writers NEW YORK (AP) — CNN is shutting down its CNN+ streaming service less than a month after its launch. It’s a spectacular flameout for a venture that had attracted stars like Chris Wallace and Alison Roman and was seen as a way to attract a new

By ROB HARRIS AP Global Soccer Writer LONDON (AP) — The crowded field to buy Chelsea now features 23-time Grand Slam winner Serena Williams and seven-time Formula One champion Lewis Hamilton. A long-standing fan of Arsenal, Hamilton has seized the opportunity to invest in its London rival as three bidders try to buy the Premier

By SARAH SCHLICHTER of NerdWallet Smart-home technology isn’t just about comfort and convenience. Devices like water leak sensors, smart smoke detectors and motion sensors could also get you a discount on your homeowners insurance policy. Discounts may range from 1% to 13% per year, depending on the company, the devices you have and where you

By FATIMA HUSSEIN and CHRIS MEGERIAN Associated Press WASHINGTON (AP) — The United States will provide $500 million more in financial assistance for Ukraine to sustain critical government operations as it fends off Russia’s invasion. The money will help support salaries, pensions and other programs. The announcement came after Treasury Secretary Janet Yellen met on

By JILL LAWLESS Associated Press LONDON (AP) — British lawmakers have ordered a parliamentary investigation into Prime Minister Boris Johnson for allegedly lying about whether he broke coronavirus restrictions by attending illegal gatherings during the pandemic. The move, approved by cries of “aye” and without a formal vote in the House of Commons, means Parliament’s

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — U.S. airlines say they have hit a turning point: After a lousy first quarter, they expect to be profitable as Americans return to travel in the biggest numbers since the start of the pandemic. American Airlines is the latest carrier to give a rosy outlook for

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — A run-up in mortgage rates in recent weeks is threatening to pump the brakes on the housing market as the increased borrowing costs reduce would-be buyers’ purchasing power. The average weekly rate on the benchmark 30-year mortgage has risen swiftly since the first week of

By DAVID PITT Associated Press DES MOINES, Iowa (AP) — Some farmers are wondering if it’s OK that eggs sold as free-range come from chickens being kept inside. It’s a question that arises lately as farmers try to be open about their product while also protecting hens from a highly infectious bird flu that has

By HALELUYA HADERO Associated Press Amazon is extending benefits of a Prime subscription to online stores beyond its own site, a move geared toward boosting revenue from merchant fees and expanding its logistics footprint. The company said Thursday the service will be offered through an initiative it calls “Buy with Prime.” It will be available

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks rose in morning trading on Wall Street Thursday as traders cheered strong earnings reports from several big U.S. companies. The S&P 500 rose 0.8%, the Dow Jones Industrial Average rose 0.7% and the Nasdaq rose 0.8%. American Airlines jumped 7.3% after telling investors

By BHARATHA MALLAWARACHI and KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — An international human rights group is urging Sri Lankan authorities to conduct a prompt and impartial probe into a police shooting that left one person dead and 13 others injured during protests over the country’s worst economic crisis in decades. New York-based

BERLIN (AP) — Authorities in Belgium, Germany and the Netherlands have arrested 19 people following an international investigation of a major cocaine trafficking network. Police and the European Union’s law enforcement agency, Europol, made the announcement on Thursday. Authorities have been investigating the trafficking network since February 2021, when 34 tons of cocaine in three

By TOM KRISHER and MATT O’BRIEN AP Business Writers Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he’s trying to negotiate an agreement with the company. The Tesla CEO says in documents filed Thursday with U.S. securities regulators that he’s exploring what’s known as a tender offer to