AP National Business

By PAUL J. WEBER Associated Press AUSTIN, Texas (AP) — Texas Gov. Greg Abbott has repealed his traffic-clogging immigration order that backed up commercial trucks at the U.S.-Mexico border this week. The Republican on Friday ended a new policy that required all commercial trucks from Mexico to undergo extra inspections to stop the flow of

By PAUL J. WEBER Associated Press AUSTIN, Texas (AP) — Texas Gov. Greg Abbott has repealed his traffic-clogging immigration order that backed up commercial trucks at the U.S.-Mexico border this week. The Republican on Friday ended a new policy that required all commercial trucks from Mexico to undergo extra inspections to stop the flow of

By MICHAEL LIEDTKE AP Technology Writer Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades. Ingredients of each poison pill vary, but they are all designed to give corporate boards an option to flood the market

By KEN RITTER Associated Press LAS VEGAS (AP) — The Nevada Supreme Court has upheld a jury’s findings that illusionist David Copperfield and the MGM Grand weren’t financially responsible for a British tourist’s injuries during a Las Vegas Strip show in 2013. Gavin Cox and his wife accused the multimillionaire magician, the hotel and business

By ELLIOT SPAGAT and PAUL WEBER Associated Press AUSTIN, Texas (AP) — Gov. Greg Abbott’s decision to impose additional inspections of trucks entering Texas from Mexico is his latest move in an unprecedented foray into border security, which has long been the federal government’s domain. The two-term governor, like many Republican Party leaders, calls illegal

LAS VEGAS (AP) — Nevada officials are launching a $500 million program to help provide affordable housing by tapping federal American Rescue Plan funding and new borrowing authority approved by state lawmakers. Gov. Steve Sisolak said the “Home Means Nevada” initiative that he and other officials announced Thursday is the beginning of an effort to

By MATT O’BRIEN AP Technology Writer PROVIDENCE, R.I. (AP) — Twitter said Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private. The move would allow existing Twitter shareholders — except

By ROB HARRIS AP Global Soccer Writer A person with knowledge of the process says a Bahrain-based private equity firm is in exclusive talks to buy seven-time European champion AC Milan and become the Italian league’s first Middle East investor. The buyout by Investcorp could see the Serie A leader sold for around 1 billion

By COLLEEN BARRY and ANGELA CHARLTON Associated Press PARIS (AP) — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, have decried as “shocking” the multimillion euro payout to the CEO of carmaker Stellantis.  Stellantis CEO Carlos  Tavares’ remuneration package of 19.15 million euros in 2021 became an

By ROB HARRIS AP Global Soccer Writer A person with knowledge of the process says a Bahrain-based private equity firm is in exclusive talks to buy seven-time European champion AC Milan and become the Italian league’s first Middle East investor. The buyout by Investcorp could see the Serie A leader sold for around 1 billion

LOS ANGELES (AP) — Thousands of California grocery store workers have approved a new contract with major supermarket chains, avoiding a potential strike. The union said Thursday members in the central and southern areas of California ratified a tentative deal that was reached last week. It grants some 47,000 employees at 540 stores higher wages,

LONDON (AP) — Climate-change protesters have snarled traffic by blocking four London bridges. Cars and red double-decker buses backed up along roads as hundreds of Extinction Rebellion activists occupied London’s Waterloo, Blackfriars, Lambeth and Westminster bridges, calling for an end to new fossil fuel investments. The Metropolitan Police force said “pockets of protest” were causing

By JOSHUA GOODMAN and HELEN WIEFFERING Associated Press MIAMI (AP) — A U.S. ban on seafood imports from Russia over its invasion of Ukraine was supposed to sap billions of dollars from Vladimir Putin’s war machine. But shortcomings in import regulations mean that Russian-caught pollock, salmon and crab are likely to enter the U.S. anyway,

By TOM KRISHER AP Auto Writer DETROIT (AP) — Two years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up. Supply is drastically down. And gasoline costs drastically more. The result? A widening disparity between the richest buyers and everyone else. The most affluent buyers keep

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — The Lebanese foreign minister says Lebanon is ready to work with Cyprus to exploit potential gas deposits in waters between the two east Mediterranean countries, even though a deal on offshore rights hasn’t been formally finalized. Cyprus and Lebanon signed an agreement delineating their respective offshore

By BINAJ GURUBACHARYA Associated Press KATHMANDU, Nepal (AP) — Nepal is running low on foreign currency reserves needed to import medicines, oil products, cars and a range of other items, and officials say they will run out in seven months if things don’t improve. The central bank says it has increased interest rates to discourage

By JOSH BOAK and PAUL WISEMAN Associated Press WASHINGTON (AP) — President Joe Biden says he plans to nominate Michael Barr to be the Federal Reserve’s vice chairman of supervision. Barr’s selection comes after Biden’s first choice for the Fed post, Sarah Bloom Raskin, withdrew her nomination a month ago in the face of opposition