AP National News

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen is telling Congress and the nation that the U.S. banking system remains sound. Yellen is the first Biden administration official to face lawmakers over the decision to protect uninsured money at two failed regional banks in California and New York, which some are

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union has presented plans to fundamentally revamp its policies on promoting clean technologies and dealing with its lack of critical raw materials. It wants to impose limits on imports from countries like China while unleashing subsidies and other financial incentives to ramp up home production.

WILLIAMSBURG, Ky. (AP) — A Kentucky university has agreed to a settlement of more than $14 million over the death of a student wrestler hours after practice, the school announced. The settlement over the death of junior Grant Brace, 20, of Louisville, Tennessee, includes an agreement for the University of the Cumberlands to participate in

By MARK THIESSEN and MATTHEW BROWN Associated Press ANCHORAGE, Alaska (AP) — The Biden administration’s approval this week of the biggest oil drilling project in Alaska in decades promises to widen a rift among Alaska Natives. Some say oil money won’t counter the damages caused by climate change and others defend the project as economically

By MARK KENNEDY AP Entertainment Writer NEW YORK (AP) — The late Stephen Sondheim’s last stage musical — an adaptation of two films by Spanish surrealist director Luis Buñuel — will be given an off-Broadway stage this year, offering theatergoers a chance to see a new work by musical theater’s most venerated composer. “Here We

TOPOCK, Ariz. (AP) — A freight train carrying corn syrup – not hazardous materials – derailed in western Arizona, near the state’s border with California and Nevada, BNSF Railway said. “BNSF Railway can confirm that a train carrying corn syrup derailed near Topock in western Arizona, close to the California border” on Wednesday evening, railway

By SYLVIA HUI Associated Press LONDON (AP) — British authorities say they’re banning the Chinese-owned video-sharing app TikTok from government mobile phones on security grounds, following similar moves by the U.S. and European Union. Cabinet Office Minister Oliver Dowden told Parliament on Thursday that the ban will apply to work phones and other devices used

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The European Central Bank has carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as U.S. bank collapses and troubles at Credit Suisse fed fears about the impact of higher rates on the global banking system. The ECB

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen says the U.S. banking system remains sound. Yellen will be the first Biden administration official to face lawmakers over the decision to protect uninsured money at two failed regional banks in California and New York, a move some observers call a bank “bailout.”

By MATT OTT AP Business Writer Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and tamp down inflation. Applications for jobless claims in the U.S. for the week ending March 11 fell by 20,000 to 192,000 from 212,000 the

By JAMEY KEATEN and DANICA KIRKA Associated Press GENEVA (AP) — Credit Suisse shares have surged after the Swiss central bank agreed to loan the bank up to $54 billion to bolster confidence in the country’s second-biggest lender and blunt concerns about the international financial system following the collapse of two U.S. banks. Credit Suisse

By LORI HINNANT and JAMEY KEATEN Associated Press GENEVA (AP) — Russian attacks against civilians in Ukraine, including systematic torture and killing in occupied regions, amount to war crimes and possibly crimes against humanity, according to a report from a U.N.-backed inquiry released Thursday. The sweeping human rights report, released a year to the day

By DAVID A. LIEB Associated Press The stakes are higher in Ohio this year for March Madness — and not just because it’s a regional host for the first round of the men’s NCAA basketball tournament. For the first time, Ohio sports fans can click on a mobile app or tap into kiosks at bars,

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union has presented plans to fundamentally revamp its policies on dealing with critical raw materials. It wants to impose limits on imports from countries like China while unleashing subsidies and other financial incentives to ramp up home production. The plans presented by the European Commission

LONDON (AP) — Virgin Orbit says it is pausing all operations amid reports that the company is furloughing almost all its staff as part of a bid to seek a funding lifeline. The U.S.-based satellite launch company confirmed it is putting all work on hold but didn’t say for how long. A statement on Thursday

VIENNA (AP) — Austrian police have issued a terror threat warning for the city of Vienna, saying there was an “abstract” danger for Syrian institutions in the capital. The alert came a day after Vienna police warned of “a possible “Islamist-motivated attack” on churches and other houses of worship, citing undisclosed information received by the

BERLIN (AP) — Israeli Prime Minister Benjamin Netanyahu is meeting Germany’s leaders on an abbreviated visit that comes in the shadow of tensions over his government’s planned overhaul of Israel’s judicial system and worries about Iran’s nuclear program. Netanyahu was due to meet Chancellor Olaf Scholz and Germany’s largely ceremonial president, Frank-Walter Steinmeier, on his

RASHID YAHYA Associated Press DOHUK, Iraq (AP) — The counterterrorism service of Iraq’s Kurdish-run region says several people were killed in a mysterious helicopter crash in northern Iraq. Passengers of the ill-fated helicopter included militants belonging to the outlawed Kurdistan Worker’s Party, or PKK, which is designated a terror group by Turkey, the U.S. and

By TRISNADI MARJAN Associated Press SURABAYA, Indonesia (AP) — An Indonesian court has acquitted two police officials charged with negligence leading to the deaths of 135 people in October when police fired tear gas inside a stadium, setting off a panicked run for the exits. A panel of three judges at Surabaya District Court absolved

By SAM KEMMIS of NerdWallet Sticking with one airline, hotel or car rental brand and avoiding others is the basic premise of brand loyalty. The benefits are clear: more points toward future award travel and elite status benefits. Yet, brand loyalty means eschewing other options, which could cost less or be more convenient. High-level elite