AP National Business

By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — The U.S. government is offering more money to find a solution for storing or disposing of spent nuclear fuel from the nation’s commercial nuclear power plants. The Biden administration sweetened the pot this month, putting up $26 million in grant funding for communities to study

By KEN SWEET AP Business Writer NEW YORK (AP) — Payment processing giant Visa Inc. says its profits in its latest quarter were up 6% from a year earlier, helped by the continued rise of digital payments across the globe. The company’s current CEO, Al Kelly, will step down on Wednesday. He will be replaced

The Associated Press Stocks climbed Thursday to send Wall Street to its highest level in nearly eight weeks following reports suggesting the economy and corporate profits may be doing better than feared. The S&P 500 rose 1.1% Thursday after briefly dipping lower in late morning trading. More swings may still be ahead, as Wall Street

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Bed Bath & Beyond says it’s in default on its loans and doesn’t have sufficient funds to repay what it owes. The home goods chain based in Union, New Jersey, said in a Securities and Exchange Commission filing Thursday that the default would force the

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., up $15.84 to $160.27. The electric vehicle maker’s profits surged in the fourth-quarter, beating Wall Street forecasts. Chevron Corp., up $8.71 to $187.79. The energy company raised its dividend and announced a $75 billion stock buyback program. Lam Research

By DEE-ANN DURBIN AP Business Writer Restaurants are beginning the new year with a recurring problem: labor shortages. Chipotle said Thursday it’s looking to hire 15,000 people in North America to ensure its stores are staffed up ahead of its busy spring season. Other chains are also looking for workers: Taco Bell has more than

By COLLEEN SLEVIN Associated Press DENVER (AP) — The Colorado baker who won a partial U.S. Supreme Court victory after refusing to make a gay couple’s wedding cake because of his Christian faith has lost an appeal in his latest legal fight. This case involves his rejection of a request for a birthday cake celebrating

BY DREW COSTLEY AP Science Writer Hundreds of climate and environmental groups from around the world released a letter Thursday that decried the nomination of an oil executive to oversee the United Nations climate negotiations at COP28. Earlier this month, the United Arab Emirates, host of the U.N. climate talks this year, named Sultan al-Jaber

By WAYNE PARRY Associated Press TOMS RIVER, N.J. (AP) — A proposed settlement between New Jersey and the current owner of a notoriously polluted industrial site is drawing fire from residents of Toms River, where memories of children getting cancer at elevated rates are still a fresh source of pain. The state and Germany-based BASF

The Associated Press Benchmark U.S. crude oil for March delivery rose 86 cents to $81.01 a barrel Thursday. Brent crude for March delivery rose $1.35 to $87.47 a barrel. Wholesale gasoline for February delivery rose 2 cents to $2.61 a gallon. February heating oil rose 4 cents $3.40 a gallon. February natural gas fell 13

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — International Criminal Court judges have cleared the way for the court’s prosecution office to resume its investigation into the so-called war on drugs in the Philippines. Prosecutor Karim Khan asked judges for permission last year to reactivate his investigation into alleged crimes against humanity between

By HILLEL ITALIE AP National Writer NEW YORK (AP) — HarperCollins Publishers and the union representing some 250 striking employees have agreed to enter into federal mediation, the first sign of a possible settlement since the work stoppage began in early November. HarperCollins and the UAW have disagreed on union protections, workplace diversity and wages,

By JONEL ALECCIA AP Health Writer The Food and Drug Administration says there are too many unknowns about CBD products to regulate them as foods or supplements. The FDA said Congress needs to create new rules for the massive and growing market. FDA officials said Thursday that the marijuana-derived compound poses risks to people and

By STEVE KARNOWSKI Associated Press ST. PAUL, Minn. (AP) — The Biden administration has moved to protect the pristine Boundary Waters Canoe Area Wilderness in northeastern Minnesota from future mining. Interior Secretary Deb Haaland signed an order Thursday closing over 350 square miles of the Superior National Forest to mineral leasing for 20 years. Haaland

By The Associated Press Shares of Chevron climbed Thursday after the oil company announced that it would repurchase $75 billion of its stock. Chevron Corp. said the buyback is effective on April 1, and does not have a fixed expiration date. It replaces a prior repurchase authorization of $25 billion from January 2019 that will

By TOM KRISHER AP Auto Writer DETROIT (AP) — A federal grand jury in Los Angeles is gathering evidence in a criminal investigation of Goodyear recreational vehicle tires that the government blames for crashes that killed eight people and injured dozens of others. The grand jury has subpoenaed Arizona lawyer David Kurtz seeking all documents

By DEE-ANN DURBIN AP Business Writer Tyson Foods Chief Financial Officer John R. Tyson __ a great-grandson of the company’s founder __ has settled public intoxication and criminal trespassing charges filed against him. Tyson pleaded guilty to both misdemeanors in a district court in Fayetteville, Arkansas, this week. He also agreed to pay $300 in

By MATT OTT AP Business Writer The average long-term U.S. mortgage rate fell to its lowest level in more than four months, giving some relief to homebuyers faced with higher prices for just about everything, including homes. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched down to 6.13%

By GLENN GAMBOA AP Business Writer The need to increase funding for Black feminist organizations is urgent, according to an open letter from some of philanthropy’s most influential organizations – including Melinda Gates’ Pivotal Ventures, Rihanna’s Clara Lionel Foundation, as well as the Ford Foundation and MacArthur Foundation – released Thursday. The Black Feminist Fund

By JESSE BEDAYN Associated Press/Report for America DENVER (AP) — A year after the most destructive wildfire in the state’s history scorched nearly 1,100 homes, Colorado lawmakers are considering joining other Western states by adopting artificial intelligence in the hopes of detecting blazes before they burn out of control. A Colorado Senate committee on Thursday