AP National Business

By ANTHONY IZAGUIRRE Associated Press TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis has moved one step closer to taking over Walt Disney World’s self-governing district. Republicans in the House approved a bill Thursday to require the Republican governor to appoint a five-member governing board over the Disney government. The proposal comes after a high-profile

PALM COAST, Fla. (AP) — A Florida man ended up in jail after authorities say he left his debit card at a gas station during a robbery. a Facebook post from the Flagler County Sheriff’s Office says deputies responded to an alarm at a closed Palm Coast gas station in the early morning of Feb.

By JOHN HANNA and HEATHER HOLLINGSWORTH Associated Press TOPEKA, Kan. (AP) — The operator of an oil pipeline says a faulty weld at a bend in an oil pipeline contributed to a spill that dumped nearly 13,000 bathtubs’ worth of crude oil into a northeastern Kansas creek. Canadian-based TC Energy also estimated Thursday that the

By MATTHEW DALY and GABE STERN Associated Press MCCARRAN, Nev. (AP) — A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration. Redwood Materials, a recycling venture founded by the former chief technology officer at Tesla, secured a conditional loan from the Energy Department’s

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. Treasury Department has announced a joint U.S.-U.K. effort to sanction Russian cybercriminals as the one-year anniversary of Russia’s invasion of Ukraine nears and Treasury tightens its efforts to financially punish violators of existing sanctions. The U.S. coordinated with the United Kingdom to impose sanctions on

By DEE-ANN DURBIN AP Business Writer Chick-fil-A is jumping on the plant-based bandwagon. The Atlanta chain said Thursday that it’s testing its first plant-based entrée __ a breaded cauliflower sandwich __ at restaurants in Denver; Charleston, South Carolina; and the Greensboro, North Carolina, area. The test begins Feb. 13. Chick-fil-A said its culinary team spent

By MATT OTT AP Business Writer The average long-term U.S. mortgage rate ticked up slightly this week after four weeks of declines, a possible sign of stability that could draw in home shoppers with spring buying season weeks away. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched up

By TOM KRISHER AP Auto Writer DETROIT (AP) — With the global shortage of semiconductors still crimping U.S auto production, General Motors has signed a deal with chipmaker GlobalFoundries to dedicate part of an upstate New York factory to supply the automaker. In a joint statement Thursday, Malta, New York-based GlobalFoundries said it will expand

By MICHELLE CHAPMAN AP Business Writer Activist investor Nelson Peltz is calling off a proxy fight with Disney one day after newly returned CEO  Bob Iger announced a major restructuring of the company that includes thousands of job cuts. Peltz phoned into CNBC Thursday to say that his firm, Trian Fund Management, got everything it

By BRUCE SCHREINER and JIM SALTER Associated Press LOUISVILLE, Ky. (AP) — Producers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate. New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday. The rise to the top for spirit-makers

By DAVID KOENIG AP Airlines Writer GOODYEAR, Ariz. (AP) — A shortage of pilots is limiting the number of flights that airlines can operate, which can cause problems during peak travel periods. The problem is most severe at small, regional airlines, but it could spread to the major carriers. In response, airlines have been in

By DAVID KOENIG AP Airlines Writer Congress is hearing about the December meltdown at Southwest Airlines. A Southwest executive said Thursday the airline is upgrading software this week to better respond to disruptions such as winter storms. The president of the pilots’ union at Southwest says Congress needs to hold the airline accountable, and give

By KAY DERVISHI and YESICA BALDERRAMA of The Chronicle of Philanthropy Chronicle of Philanthropy The COVID-19 pandemic greatly accelerated a long-running pattern in giving by foundations and charities for health and natural disasters, a new Chronicle analysis of nine years of data show. Ninety percent of the $5.2 billion donated in 2020, the most recent

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By MICHELLE CHAPMAN AP Business Writer Disney is working on sequels for “Toy Story,” “Frozen” and “Zootopia,” three huge hits as the entertainment powerhouse attempts to find its footing under newly returned CEO Bob Iger. The Walt Disney Co. is undergoing a “strategic transformation,” Iger said on Wednesday. That includes 7,000 job cuts announced this

By KELVIN CHAN AP Business Writer LONDON (AP) — Twitter has failed to provide a full report to the European Union on its efforts to combat online disinformation, drawing a rebuke from top officials of the 27-nation bloc. The company signed up to the EU’s voluntary 2022 Code of Practice on Disinformation last year —

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