Business

A woman casts her vote during the presidential elections in Agulu, Nigeria, Saturday, Feb. 25, 2023...
Associated Press

After delays, Nigerians keep watch for key vote’s outcome

ABUJA, Nigeria (AP) — Some frustrated Nigerians cast their ballots with flashlights while others stood watch at their polling stations as counting got under way late Saturday amid fears of vote tampering after a day of delays in Africa’s most populous nation. Election officials blamed the delays on logistical issues, though other observers pointed to […]
1 year ago
Associated Press

Gas prices drop in NJ, around nation as crude prices decline

TRENTON, N.J. (AP) — Gas prices dropped in New Jersey and around the nation at large amid a decline in crude oil prices. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.22, down eight cents from last week. Drivers were paying $3.62 a gallon on […]
1 year ago
Associated Press

Buffett touts benefits of buybacks in his shareholder letter

OMAHA, Neb. (AP) — Billionaire Warren Buffett said critics of stock buybacks are “either an economic illiterate or a silver-tongued demagogue” or both, and all investors benefit from them as long as they are made at the right prices. Buffett used part of his annual letter to Berkshire Hathaway shareholders Saturday to tout the benefits […]
1 year ago
A part of a rocket sticks from a ground in front of a residential building which was heavily bombed...
Associated Press

Ukraine: Zelenskyy seeks more sanctions, fighting grinds on

KYIV, Ukraine (AP) — Fighting is grinding on in Ukraine after the country marked the anniversary of Russia’s invasion, with Ukrainian authorities on Saturday reporting dozens of new Russian strikes and attacks on cities in the east and south. After a somber and defiant day of commemorations on Friday and a marathon news conference, Ukraine’s […]
1 year ago
Associated Press

Refugee-averse Japan welcomes Ukrainians after Russia war

TOKYO (AP) — Dmytro Remez quietly shows on his laptop before and after photos of buildings, clicking to once elegant offices and hotels that turned into lopsided abandoned rubble. One crumbling building was right in front of his home in Mykolaiv, southern Ukraine. Remez, 24, a fledgling medical doctor studying at Juntendo University, is among […]
1 year ago
Associated Press

Turkey launches investigation into 612 people after quake

ISTANBUL (AP) — Investigations have been launched against more than 600 people in relation to buildings that collapsed in Turkey’s catastrophic earthquake earlier this month, a government official said Saturday. Justice Minister Bekir Bozdag said 184 of the 612 suspects had been jailed pending trial. Those in custody include construction contractors and building owners or […]
1 year ago
In this handout photo released by Indian Finance Ministry, Australia's Treasurer Jim Chalmers, left...
Associated Press

G-20 meeting in India ends without consensus on Ukraine war

BENGALURU, India (AP) — A meeting of finance chiefs of the Group of 20 leading economies ended on Saturday without a consensus, with Russia and China objecting to the description of the war in Ukraine in a final document. The meeting hosted by India issued the G-20 Chair’s summary and an outcome document stating that […]
1 year ago
Associated Press

EU slaps sanctions on top Russia officials, banks, trade

BRUSSELS (AP) — The European Union agreed Saturday to impose new sanctions on Russia over its invasion of Ukraine targeting more officials and organizations accused of supporting the war, spreading propaganda or supplying drones, as well as restricting trade on products that could be used by the armed forces. The EU’s Swedish presidency said the […]
1 year ago
Associated Press

MWC mobile tech fair to show off new phones, AI, metaverse

LONDON (AP) — The latest folding-screen smartphones, immersive metaverse experiences, AI-powered chatbot avatars and other eye-catching technology are set to wow visitors at the annual MWC wireless trade fair that kicks off Monday. The four-day show, held in a vast Barcelona conference center, is the world’s biggest and most influential meeting for the mobile tech […]
1 year ago
Drivers drink green tea close to their stranded trucks loaded with supplies for Afghanistan, line u...
Associated Press

Trade resumes as Pakistan, Afghanistan reopen Torkham border

PESHAWAR, Pakistan (AP) — The normal trade and movement of people between Pakistan and Afghanistan fully resumed on Saturday after the two sides reopened a key border crossing that was shut nearly a week ago by Afghanistan’s Taliban rulers, stranding people and thousands of trucks carrying food and essential items. The Afghan embassy in Pakistan’s […]
1 year ago
Associated Press

Warner Bros. Discovery sues Paramount over ‘South Park’ deal

NEW YORK (AP) — Warner Bros. Discovery Inc. is suing Paramount Global, saying its competitor aired new episodes of the popular animated comedy series “South Park” after Warner paid for exclusive rights. Warner says it signed a contract in 2019 paying more than $500 million for the rights to existing and new episodes of the […]
1 year ago
Associated Press

Mexican states in hot competition over possible Tesla plant

MEXICO CITY (AP) — Mexico is undergoing a fevered competition among states to win a potential Tesla facility in jostling reminiscent of what happens among U.S. cities and states vying to win investments from tech companies. Mexican governors have gone to loopy extremes, like putting up billboards, creating special car lanes or creating mock-ups of […]
1 year ago
Associated Press

N. Korea food shortage worsens amid COVID, but no famine yet

SEOUL, South Korea (AP) — There’s little doubt that North Korea’s chronic food shortages worsened due to the COVID-19 pandemic, and speculation about the country’s food insecurity has flared as its top leaders prepare to discuss the “very important and urgent task” of formulating a correct agricultural policy. Unconfirmed reports say an unspecified number of […]
1 year ago
FILE - Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powel...
Associated Press

Fed’s rate hikes likely to cause a recession, research says

NEW YORK (AP) — Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession? Not according to a new research paper that concludes that such an “immaculate disinflation” has never happened before. The paper was produced by a group of leading economists, […]
1 year ago
Debbie Fisher sits at the Farwell Recreation Center after her home lost power in Detroit, Friday, F...
Associated Press

After Michigan storm, customers wait – and wait – for power

BLOOMFIELD TOWNSHIP, Mich. (AP) — Frustration and anger are mounting among some Michigan utility customers who still were waiting for power to be restored after a massive ice storm this week damaged electricity lines, and the governor called Friday for more accountability on repair efforts by the state’s two largest utilities. More than 600,000 customers […]
1 year ago
A resident displays a mannequin on their porch in East Palestine, Ohio, as cleanup from the Feb. 3 ...
Associated Press

After Ohio train wreck, Biden orders door-to-door checks

WASHINGTON (AP) — President Joe Biden on Friday directed federal agencies to go door-to-door in East Palestine, Ohio, to check on families affected by the toxic train derailment that has morphed into a heated political controversy. Under Biden’s order, teams from the Centers for Disease Control and Prevention, Environmental Protection Agency and Federal Emergency Management […]
1 year ago
In this photo provided by Robin Silver, a feral bull is seen along the Gila River in the Gila Wilde...
Associated Press

New Mexico governor pans Forest Service amid wild cow fight

ALBUQUERQUE, N.M. (AP) — New Mexico’s governor has stepped into the fight over how federal land managers are eradicating wild cows in the Gila Wilderness. Democratic Gov. Michelle Lujan Grisham issued a statement Friday saying she was disappointed by what she described as the U.S. Forest Service’s lack of meaningful, long-term engagement with stakeholders on […]
1 year ago
Associated Press

N. Carolina magnate accused of scheme to skim company funds

CHARLOTTE, N.C. (AP) — A North Carolina business magnate has been indicted again on federal criminal charges, this time on accusations that he conspired to skim large amounts of money from his insurance companies, then lied about it to regulators to hide the scheme with two co-conspirators. A 13-count grand jury indictment in Charlotte was […]
1 year ago
Associated Press

How major US stock indexes fared Friday 2/24/2023

Stocks sank on Wall Street and closed out their worst week since early December. The S&P 500 fell 1.1% Friday to cap its third straight loss. Treasury yields rose sharply. Stocks have dropped through February as reports on inflation, the job market and spending by shoppers have come in hotter than expected. That’s forced Wall […]
1 year ago
West Virginia Gov. Jim Justice, right, hands a pen used to sign House Bill 2882 to Weirton Mayor Ha...
Associated Press

Bill signed for West Virginia renewable energy battery plant

CHARLESTON, W.Va. (AP) — West Virginia’s governor on Friday signed a bill that gives $105 million in state funding for a renewable energy battery plant in a former steel town. Gov. Jim Justice signed the bill at the site of Form Energy’s planned manufacturing facility in the Northern Panhandle community of Weirton. The 55-acre plant […]
1 year ago
Associated Press

Carvana, Boeing fall; Beyond Meat, Farfetch rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Block Inc., up $3.21 to $77.36. The mobile payments services provider beat analysts’ fourth-quarter revenue forecasts. Beyond Meat Inc., up $1.74 to $18.88. The plant-based meat maker’s fourth-quarter earnings and revenue beat Wall Street forecasts. Carvana Co., down $2.07 to $8.01. […]
1 year ago
Associated Press

British Airways, Iberia parent swings to full-year profit

LONDON (AP) — The parent of British Airways reported its first full-year profit since the start of the pandemic as COVID-19 travel restrictions were eased and said it continues to see strong bookings for leisure travel. International Consolidated Airlines Group, which also owns Spain’s Iberia and Vueling and Irish carrier Aer Lingus, said Friday that […]
1 year ago
Associated Press

US judge won’t block huge lithium mine on Nevada-Oregon line

RENO, Nev. (AP) — A federal judge has sided again with the Biden administration and a Canadian-based mining company in a high-stakes legal battle with environmentalists and tribal leaders trying to block a huge lithium mine in Nevada near the Oregon line. U.S. District Judge Miranda Du in Reno denied the opponents’ request Friday for […]
1 year ago
Associated Press

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for April delivery rose 93 cents to $76.32 a barrel Friday. Brent crude for April delivery rose 95 cents to $83.16 a barrel. Wholesale gasoline for March delivery fell 2 cents to $2.36 a gallon. March heating oil rose 9 cents to $2.80 a gallon. March natural gas rose 14 cents […]
1 year ago