AP National Business

The Associated Press Sharply rising Treasury yields rattled Wall Street Wednesday, weighing down stock indexes at the start of another month in what’s been a turbulent year. Stocks began their slide immediately after the release of several reports on the U.S. economy, including one showing manufacturing growth was stronger last month than expected. That bolstered

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Salesforce.com, Victoria’s Secret rise; S&P, Bark fall

By BARBARA ORTUTAY and MICHAEL LIEDTKE AP Technology Writers SAN FRANCISCO (AP) — Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, who helped turn its business from  startup to digital advertising empire while also taking blame for some of its biggest missteps along the way, is stepping down. Sandberg has served as chief

The Associated Press Benchmark U.S. crude oil for July delivery rose 59 cents to $115.26 a barrel Wednesday. Brent crude for August delivery rose 69 cents to $116.29 a barrel. Wholesale gasoline for July delivery rose 15 cents to $4.07 a gallon. July heating oil rose 20 cents to $4.14 a gallon. July natural gas

By SUMAN NAISHADHAM and MICHAEL PHILLIS Associated Press WASHINGTON (AP) — Vice President Kamala Harris says the U.S. is safer if people in other countries have sufficient water to drink, grow food and safely dispose of sewage. She emphasized that water access is a foreign policy priority. The World Health Organization estimates that more than

By TOM KRISHER AP Auto Writer DETROIT (AP) — Ford’s chief executive says the global auto industry is headed for a huge price war in the coming years as electric vehicle costs drop and companies sell EVs priced around $25,000. CEO Jim Farley told the Bernstein Strategic Decisions Conference on Wednesday that the $25,000 electric

By MARK PRATT Associated Press BOSTON (AP) — Workers at a McDonald’s restaurant in Massachusetts intentionally put bacon on a fish sandwich that a Muslim woman had ordered for one of her children, a civil rights organization said Wednesday. The Council on American-Islamic Relations filed a discrimination complaint on the woman’s behalf with the Massachusetts

BRUSSELS (AP) — European Commission President Ursula von der Leyen says Croatia is ready to join the group of countries using the euro single currency at the start of next year. The move, should it go ahead on Jan 1. 2023, would bring to 20 the number of countries using the euro. But the commission’s

WARSAW, Poland (AP) — Poland’s prime minister says his country is improving its transport infrastructure to help increase the export of grain and other key products from neighboring Ukraine that has been severely restricted by Russia’s invasion. He spoke in the Ukrainian town of Borodyanka, near Kyiv, that was heavily damaged by Russian shelling. He

By DAVID KOENIG AP Airlines Writer Delta Air Lines is boosting its outlook for second-quarter revenue because it expects phenomenal demand for travel this summer. The airline said Wednesday that it expects second-quarter adjusted revenue will be back to pre-pandemic 2019 levels, and revenue per seat will be higher than originally expected. CEO Ed Bastian

By MICHAEL CASEY Associated Press BOSTON (AP) — Brenda Hampton first came across the toxic industrial compound PFAS after finding it was part of the cocktail of contaminants that tainted the drinking water in her North Alabama community. Hampton, who believes the contaminated water contributed to kidney problems she and other residents suffer, soon learned

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are still desperate to hire more people. Employers advertised 11.4 million jobs at the end of April, the Labor Department said Wednesday, down from nearly

Germany’s defense ministry says the country plans to buy 60 Boeing Chinook transport helicopters as part of a massive procurement drive to upgrade its military. Chancellor Olaf Scholz announced shortly after Russia invaded in February that Germany would commit 100 billion euros ($107 billion) to a special fund for its military and to raise its

By ERIC TUCKER and ALAN SUDERMAN Associated Press WASHINGTON (AP) — FBI Director Christopher Wray says agents thwarted a planned cyberattack on a Boston children’s hospital that was to have been carried out by hackers sponsored by the Iranian government. Wray told a Boston College cybersecurity conference on Wednesday that the FBI learned of the

By KARL RITTER Associated Press STOCKHOLM (AP) — U.N. Secretary-General Antonio Guterres has warned that the war in Ukraine is diverting attention away from climate change, while at the same time showcasing the world’s “suicidal” dependence on fossil fuels. Speaking ahead of an environmental conference in Stockholm, Guterres said the scale of the conflict has

MADRID (AP) — Hundreds of taxi drivers have protested in the streets of Madrid against what they claim is unfair competition from ride-hailing services. The drivers participated in a procession through the Spanish capital on Wednesday, protesting in their vehicles and on foot. A city government proposal to create new rules for ride-hailing services is

KUALA LUMPUR, Malaysia (AP) — Malaysia suspended exports of live chickens Wednesday to guarantee adequate supplies for domestic markets, prompting distress in neighboring Singapore, where chicken rice is a national dish. In Singapore, which sources a third of its poultry from Malaysia, consumers rushed to stock up on fresh chicken ahead of the ban, with

By KATE ASHFORD of NerdWallet Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, and many don’t have the savings to manage the cost of assisted living. But they may have a mortgage-free home — and the equity in it, giving them the potential option of a reverse mortgage

By MOGOMOTSI MAGOME Associated Press JOHANNESBURG (AP) — South Africans are feeling the bite of fuel price increases that are blamed on Russia’s war in Ukraine and the rise in the Brent crude oil price. Neighboring Zimbabwe and other African countries are also grappling with increasing fuel prices. South Africa, the continent’s most developed economy,

By MILES BRANMAN Edmunds The first dedicated electric vehicles from sister companies Hyundai and Kia take a distinct route with styling, but both boast great EPA-estimated driving range, charging speed and performance. Which one is better: Hyundai’s Ioniq 5 or Kia’s EV6? Edmunds compares the two, even subjecting them to a real-world range test, to

BERLIN (AP) — German Chancellor Olaf Scholz says he wants to join employers and labor unions in a “concerted action” to find ways of cushioning the effects of rising prices while preventing inflation. Germany has Europe’s biggest economy and like other countries has seen inflation accelerate sharply since Russia’s invasion of Ukraine pushed up fuel

BY SAMY MAGDY Associated Press CAIRO (AP) — Libyan authorities say a pipeline rupture is spewing thousands of barrels of oil into the desert, as workers scramble to seal off the leak. The damage to a land pipeline linking the Sarir oil field to the Tobruk terminal on the Mediterranean was the latest blow to

By ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden says he wasn’t briefed on the prospect of nationwide shortages of infant formula for about two months. And he’s acknowledging the strain on families while his administration struggles to address the situation. Yet company executives at a meeting Biden hosted from the White House

By DANIELLA MATAR AP Sports Writer MILAN (AP) — Serie A champion AC Milan is on the verge of being sold to American investment firm RedBird Capital Partners for 1.2 billion euros ($1.3 billion) after the two parties signed a preliminary agreement. Milan said Wednesday that RedBird is expected to complete the purchase of the

By FRANK JORDANS Associated Press BERLIN (AP) — Travelers in Germany will be able to criss-cross the country for under $10 a month this summer. New 9-euro tickets went on sale Wednesday as part of a government program intended to help combat rampant inflation, high fuel prices and climate change. The tickets only apply to

By JOHN LEICESTER and FRANK JORDANS Associated Press KYIV, Ukraine (AP) — The U.S. and Germany pledged Wednesday to equip Ukraine with some of the advanced weapons it has long desired for shooting down aircraft and knocking out artillery, as Russian forces closed in on capturing a key city in the east. Germany said it