AP National Business

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Troubled Japanese technology giant Toshiba has announced some additions to its proposed leadership ahead of a shareholders’ meeting next month. Toshiba is seeking to add on the board outside directors, such as Nabeel Bhanji, an executive at Elliott Opportunity II Corp., which handles acquisitions and investments,

By MICHELLE CHAPMAN AP Business Writer Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and some economic uncertainty. As part of the transaction, VMware shareholders can choose to receive either $142.50 in cash or

LISBON, Portugal (AP) — The Portuguese government has given its authorization for the sale of Chelsea by Roman Abramovich. The Russian oligarch is a Portuguese passport holder and needed the government’s approval. The decision by Portugal was announced a day after the British government approved the sale of Chelsea by the sanctioned Russian to a

By RICARDO MAZALAN and ELENA BECATOROS Associated Press KYIV, Ukraine (AP) — Moscow pressed the West on Thursday to lift sanctions against Russia over the war in Ukraine, seeking to shift the blame for a growing food crisis that has been worsened by Kyiv’s inability to ship millions of tons of grain and other agricultural

By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — The office of Albania’s prime minister says the country has offered to NATO a naval base in an effort to highlight the tiny country’s value in the alliance “in these difficult times.” Prime Minister Edi Rama said Thursday Pashaliman naval base, 180 kilometers (110 miles) south

SOFIA, Bulgaria (AP) — An international rights group says that Bulgarian authorities are attacking Afghan and other asylum-seekers, using police dogs and other violence to illegally push them back over the border into Turkey. Human Rights Watch said Thursday that the migrants reported being beaten, robbed and stripped. HRW refugee and migrant rights officer Michelle

By ZEKE MILLER Associated Press WASHINGTON (AP) — The White House on Thursday announced more steps to make the antiviral treatment Paxlovid more accessible across the U.S. as it projects COVID-19 infections will continue to spread over the summer travel season. The nation’s first federally backed test-to-treat site is opening Thursday in Rhode Island, providing

By JAMEY KEATEN Associated Press DAVOS, Switzerland (AP) — German Chancellor Olaf Scholz has expressed hopes for global cooperation on climate change, hunger and war as dozens of climate activists demonstrated in the Swiss town of Davos. Both came on the last day of the World Economic Forum’s meeting of global elites. It ended Thursday

By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s energy and climate minister says the Group of Seven wealthy nations can lead the way on ending the use of coal. Coal is a heavily polluting fossil fuel that’s responsible for a large chunk of global greenhouse gas emissions. Senior officials from the G-7 countries are

SARAJEVO, Bosnia-Herzegovina (AP) — British Foreign Secretary Liz Truss is in Bosnia’s capital to reaffirm the U.K.’s commitment to the ethnically divided Balkan country amid growing fears of malign influence from Russia. Truss was meeting with top officials in Sarajevo on Thursday. She announced a U.K.-backed Western Balkans investment package aimed at providing $100 million

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea. “Improved risk sentiments in Wall Street, along with earnings outperformance

By JENNIFER SINCO KELLEHER and ANITA SNOW Associated Press HONOLULU (AP) — Many hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling. Industry insiders say the move away from daily cleaning, which gained traction during the

By MIKE SCHNEIDER Associated Press Ko Im always thought she would live in New York forever. She knew every corner of Manhattan and had worked hard to build a community of friends. Living in a small apartment, she found her attitude shifting early in the coronavirus pandemic. After her brother accepted a job in Seattle

By HILLEL ITALIE AP National Writer NEW YORK (AP) — Literary ‘superagent’ Mort Janklow, whose clients included Ronald Reagan and Barbara Walters, has died at age 91. The cause was heart failure. He was a colorful former corporate attorney who brokered big contracts for political, publishing and entertainment leaders. Besides Reagan and Walters, his clients

By JONATHAN MATTISE Associated Press NASHVILLE, Tenn. (AP) — A civil rights advocate says he and two Dollar General store workers were denied access to the company’s shareholder meeting in Tennessee where they had been outside protesting for better pay and workplace safety improvements. The Rev. William Barber II told The Associated Press he and

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — Boeing’s crew taxi returned to Earth from the International Space Station on Wednesday, completing a repeat test flight before NASA astronauts climb aboard. It was a quick trip back: The Starliner capsule parachuted into the New Mexico desert just four hours after leaving the

By MARCY GORDON AP Business Writer WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span. The Justice Department and the Federal Trade Commission announced the settlement Wednesday with

By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Writers Could technology companies have monitored ominous messages made by a gunman who Texas authorities say massacred 19 children and two teachers at an elementary school? Could they have warned the authorities? Answers to these questions remain unclear, in part because official descriptions of the shooting have

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go toward cleanning up 277 of an estimated 15,000 abandoned oil and gas wells on federal land, the nation’s interior secretary said Wednesday. “Millions of Americans live

The Associated Press Stocks rose broadly on Wall Street Wednesday after minutes from the Federal Reserve’s most recent meeting indicate the central bank intends to move “expeditiously” to raise interest rates back to more neutral levels in its fight to tame inflation. The S&P 500, the Dow Jones Industrial Average and the Nasdaq rose. Small-company

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Nordstrom, Caleres rise; Mr. Cooper, Raymond James fall

The Associated Press Benchmark U.S. crude oil for July delivery rose 56 cents to $110.33 a barrel Wednesday. Brent crude for July delivery rose 47 cents to $114.03 a barrel. Wholesale gasoline for June delivery rose 2 cents to $3.83 a gallon. June heating oil rose 9 cents to $3.87 a gallon. June natural gas

By The Associated Press The Biden administration is siding against the airline industry in a case that involves whether California-based flight crews should get the rest breaks that are required under state law. The airlines say they should not — that only the federal government can regulate the airline industry. On Wednesday, the Biden administration

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Congressional Budget Office says that high inflation will persist into next year. This will likely cause the federal government to pay higher interest rates on its debt. The nonpartisan agency expects that the consumer price index will rise 6.1% this year and 3.1% in 2023. This

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high. At the same time, many of the

By DEE-ANN DURBIN AP Business Writer It’s become a common sight: jubilant Starbucks workers celebrating after successful votes to unionize at dozens of U.S. stores. But when the celebrations die down, a daunting hurdle remains. To win the changes they seek, like better pay and more reliable schedules, unionized stores must sit down with Starbucks

Associated Press Amazon shareholders have voted against a proposal calling for an independent audit of working conditions at the company’s warehouses. The e-commerce company opposed the proposal and the 14 others presented Wednesday at its annual shareholders meeting. Citing preliminary voting results, the Seattle-based company said all the resolutions were voted down by a majority