AP National Business

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and expand its ability to audit high-wealth taxpayers. While some Republicans have suggested without evidence that the

By MATT O’BRIEN and JANIE HAR Associated Press SAN FRANCISCO (AP) — Details of how tech executive Bob Lee came to be fatally stabbed in downtown San Francisco early Tuesday were scarce as friends and family continued to mourn the man they called brilliant, kind and unlike others in the industry. San Francisco police found

By ALEX DANIELS of The Chronicle of Philanthropy Chronicle of Philanthropy The first comprehensive poll to measure public attitudes on foundations and nonprofits offers signs that charitable organizations are more trusted than other institutions, such as businesses, governments, and the news media. But it shows many warning signs for nonprofits, given how little Americans know

By MARGARET STAFFORD Associated Press The South Dakota Supreme Court has ruled that documents from a child pornography investigation into billionaire banker T. Denny Sanford must be unsealed. Sanford was not charged after an investigation by the South Dakota attorney general’s office. He sought to stop the release of affidavits used to issue search warrants

By MATT OTT AP Business Writer The average long-term U.S. mortgage rate dipped for the fourth straight week, a good sign for potential home buyers and a real estate market that has been mostly cold since the Federal Reserve began raising interest rates more than a year ago. Mortgage buyer Freddie Mac reported Thursday that

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration has unveiled what it calls the largest community solar effort in U.S. history, enough to power 140,000 homes and businesses in three states. Vice President Kamala Harris announced the agreement Thursday during a visit to a solar panel factory outside Atlanta. The deal calls

By ED WHITE Associated Press The former head of a Michigan medical marijuana licensing board has agreed to plead guilty to accepting $110,000 in bribes when he led the panel over a two-year period, authorities said Thursday. Rick Johnson acknowledged in a signed court filing that he acted “corruptly” when he accepted cash and other

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The Food and Drug Administration is ordering an unproven drug intended to prevent premature births off the market. The decision announced Thursday follows years of delays by drugmaker Covis Pharma, which repeatedly asked the FDA for more time to study the drug. Makena is the only

By MARK PRATT Associated Press BOSTON (AP) — A Boston city councilor has proposed barring city liquor stores from selling the single-serve bottles that hold 100 milliliters or less of booze – both as a way to address alcohol abuse and excessive litter. Councilor Ricardo Arroyo says several other Massachusetts communities have banned the sale

By FATIMA HUSSEIN and JOSH BOAK Associated Press WASHINGTON (AP) — The International Monetary Fund chief warns the world economy is expected to grow less than 3% this year, down from 3.4% last year, increasing the risk of hunger and poverty globally. Kristalina Georgieva said Thursday growth is expected to remain around 3% for the

By KELVIN CHAN AP Business Writer LONDON (AP) — Italian regulators say the company behind ChatGPT will propose measures to resolve data privacy concerns that sparked the country’s temporary ban on the artificial intelligence chatbot. The Italian data protection authority said Thursday that OpenAI promised to set out measures to address the concerns during a

By LISA BAUMANN Associated Press Deadly storms in the past two weeks unleashed dozens of tornadoes that killed at least 63 people and damaged or destroyed hundreds of people’s homes. An average of 1,200 tornadoes hit the country yearly, and a recent study shows the United States will probably get more killer supercells that spawn

By MATT OTT AP Business Writer The number of Americans seeking unemployment aid was higher over the past few months than the government had initially reported, reflecting a modest rise in layoffs as the economy has slowed in the face of higher interest rates. The Labor Department reported Thursday that the number of applications has

EAGLE, Idaho (AP) — EAGLE, Idaho (AP) — Lamb Weston Holdings Inc. (LW) on Thursday reported fiscal third-quarter earnings of $175.1 million. The Eagle, Idaho-based company said it had net income of $1.21 per share. Earnings, adjusted for non-recurring costs, were $1.43 per share. The results surpassed Wall Street expectations. The average estimate of four

SAN FRANCISCO — Levi Strauss: Fiscal Q1 Earnings Snapshot

VICTOR, N.Y. — Constellation Brands: Fiscal Q4 Earnings Snapshot

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Homebuilder stocks are on a tear as investors bet builders’ prospects will brighten this spring homebuying season. KB Home, PulteGroup and Tri Pointe Homes are among more than a dozen U.S. homebuilders whose stock price is up by more than 20% this year. Meanwhile, the

By OLIVIA CHEN of NerdWallet Filing for a tax extension is sometimes unavoidable. But if you are planning to apply for business financing this year, an extension could cause delays in the underwriting process or paint an inaccurate or out-of-date financial picture of your business. In turn, those issues could keep your business from the