AP National Business

HONG KONG (AP) — Hong Kong’s former No. 2 official John Lee has formally registered his candidacy in the election for the top job after securing 786 nominations to enter the race. Lee is the only candidate formally entered so far for the May 8 vote. He is considered Beijing’s favored candidate and a sign

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are trading mostly higher after new data showed inflation in the U.S. was not as bad as some analysts had expected. Benchmarks rose in Japan, South Korea and Australia. In China, shares gained in Hong Kong but fell in Shanghai. U.S. futures were also

By RANDALL CHASE Associated Press DOVER, Del. (AP) — Attorneys for the Boy Scouts of America say protecting local BSA councils and troop sponsoring organizations from future liability for child sex abuse claims is critical to the national group’s reorganization plan. But attorneys opposing the plan told a Delaware bankruptcy judge on Tuesday that liability

By WANJOHI KABUKURU Associated Press MOMBASA, Kenya (AP) — Climate activists are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oilfields in Uganda to the Tanzanian coastal city of Tanga. Influential climate activists Vanessa Nakate and Hilda

DALLAS (AP) — Pilots at Southwest Airlines say fatigue from poor scheduling is a growing problem and is raising safety concerns. Leaders of the pilots’ union at Southwest said Tuesday that problems started last summer as Dallas-based Southwest began ramping up for the recovery in air travel, and they have gotten worse since then. The

SACRAMENTO, Calif. (AP) — A former energy executive in California  who took part in $1 billion solar power fraud that bilked Warren Buffett’s company and many others has been sentenced to six years in federal prison. Robert Karmann also was ordered Tuesday to pay $624 million in restitution. Karmann was the chief financial officer for

By MICHAEL LIEDTKE AP Business Writer SAN FRANCISCO (AP) — Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his big stake in the social media company so he could buy more shares at lower prices. The complaint accuses Musk

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Some grain elevators are so full that farmers trying to sell their crops are being turned away. But at the same time, flour and animal-feed mills are halting production because they can’t get the grain they need. The issue? The lack of trains to move

By JIM MUSTIAN Associated Press NEW YORK (AP) — A cryptocurrency expert has been sentenced to more than five years in federal prison for helping North Korea evade U.S. sanctions. Thirty-nine-year-old Virgil Griffith pleaded guilty last year to conspiracy, admitting he presented at a cryptocurrency conference in North Korea in 2019. That was even after

INDIANAPOLIS (AP) — State officials say avian influenza has been detected at a second northern Indiana duck farm. The Indiana State Board of Animal Health said Tuesday that laboratory testing of a commercial duck flock in Elkhart County has come back as presumptively positive for the virus. It says the samples are being verified at

LONDON (AP) — FIFA is getting into the streaming platform business with a soccer version of Netflix and Amazon Prime. The service is free and largely featuring documentaries and some live games at the launch but it could eventually be a way for FIFA to broadcast World Cup matches itself at a cost. While increasingly

By PAUL J. WEBER Associated Press AUSTIN, Texas (AP) — Protests over Texas Gov. Greg Abbott’s latest border security measure are slowing down the flow of trade on the U.S.-Mexico border. Since Monday, Mexican truckers have blocked the Pharr-Reynosa International Bridge in protest after the Republican governor last week directed state troopers to pull over

PHOENIX (AP) — An Arizona man faces four years in prison after pleading guilty to falsely claiming non-existent employees and business revenues when applying for $3.5 million in federal pandemic relief loans in 2020. Officials say he used some of the money to buy a Porsche and a home. The sentence imposed last Thursday for

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Kohl’s, PG&E rise; CarMax, Myovant fall.

PRAGUE (AP) — Westinghouse Electric Co. and France’s Framatome have been selected to deliver fuel supplies for the Czech Republic’s Temelin nuclear plant. The move will ease the Czech Republic’s dependence on Russia. State-controlled power company CEZ says Pennsylvania-based Westinghouse and Framatome will deliver the nuclear fuel for some 15 years, starting in 2024. Russia’s

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stock indexes edged lower on Wall Street Tuesday, shedding early gains as investors weigh new data on inflation. The S&P 500 fell 0.3%. The pullback follows back-to-back losses driven by worries about the economic collateral damage as the Federal

ELAINE GANLEY Associated Press VERNON, France (AP) — Far-right leader Marine Le Pen is envisioning a France with the people’s voices at the center of the political process if she gets elected president in 12 days. Le Pen will face centrist President Emmanuel Macron in a presidential runoff on April 24. He placed first and

SARAJEVO, Bosnia-Herzegovina (AP) — The top international official in Bosnia has suspended a Bosnian Serb property law that is seen as part of a separatist drive by Bosnian Serbs. Christian Schmidt, who heads the U.N. Office of High Representative in Bosnia, says the law passed in February in the Bosnian Serb assembly was unconstitutional. Bosnian

By KATHLEEN RONAYNE Associated Press SACRAMENTO, Calif. (AP) — The recent mass shooting in California’s capital city has shaken a downtown core that’s been beset by violence and decades of economic struggles. Police say at least five shooters were involved in the April 3 exchange of gunfire between gangs that killed six people and wounded