AP National Business

WASHINGTON (AP) — A system that sends alerts to pilots, and broke down earlier this month, is causing delays for some users again. But federal officials say this time it’s not affecting any flights. The Federal Aviation Administration said Wednesday that that the system was online and operational, but some users were reporting slower response

By ADRIANA MORGA Associated Press NEW YORK (AP) — For many people filing U.S. tax returns — especially those doing it for their first time — it can be a daunting task that’s often left to the last minute. But if you want to avoid the stress of the looming deadline, start getting organized as

By KEN SWEET AP Business Writer NEW YORK (AP) — Goldman Sachs spent eight years attempting to expand its business beyond corporations and the wealthy. But in recent months, the storied investment bank has signaled a partial retreat from those efforts by scrapping plans for a checking account broadly available to the public and mothballing

By JUAN ZAMORANO Associated Press PANAMA CITY (AP) — The U.S. State Department has banned former Panama President Ricardo Martinelli from ever traveling to the United States. The department said wednesday that it has designated Martinelli for participating in “significant corruption” in awarding government contracts. The ban also applies to two of the former president’s

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Puerto Rico privatized its electricity production on Wednesday. The government chose Genera PR to take over the operation and maintenance of state power generation units in the U.S. territory as part of an initial $22.5 million annual contract. Genera is a subsidiary of New

By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — The United Nations is forecasting that global economic growth will fall significantly to 1.9% this year. That’s due to factors including the food and energy crisis sparked by the war in Ukraine, the impact of the COVID-19 pandemic, persistently high inflation and the climate emergency.

By THALIA BEATY and GLENN GAMBOA Associated Press Amazon’s surprise decision to shut down its AmazonSmile donation program has left thousands of its nonprofit beneficiaries disappointed and concerned about finding ways to replace the funding. The e-commerce giant had launched AmazonSmile in 2013, contributing 0.5% of every purchase made by participating customers to the charity

By MATTHEW DALY Associated Press WASHINGTON (AP) — Democratic Sen. Joe Manchin is trying to delay new tax credits for electric vehicles, a key feature of President Joe Biden’s landmark climate law. Manchin says Treasury Department guidelines allow manufacturers in Europe and other countries to bypass requirements that significant portions of EV batteries be produced

By AMANDA SEITZ Associated Press WASHINGTON (AP) — The government says a record 16.3 million people sought health insurance through the Affordable Care Act this year. That’s double the number covered when the marketplaces first launched nearly a decade ago. More than 3 million new members have joined the marketplace, which is also known as

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Space Agency chief says he wants to rebuild Europe’s access to space following the botched launch of a European rocket carrying two Earth observation satellites last year and the delayed introduction of the Ariane 6 launcher. In an interview with The Associated Press on Wednesday,

By BERT WILKINSON The Associated Press GEORGETOWN, Guyana (AP) — The former leader of Guyana’s Environmental Protection Agency is criticizing the government’s plan to use satellites to monitor oil spills in the South American nation’s waters. The agency announced that it will use Colorado-based MAXAR Technologies to watch its oil fields from space. But Vincent

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Norfolk Southern delivered 4% more fourth-quarter profit but higher expenses driven by soaring fuel costs hurt the bottom line even as service improved across the railroad. The Atlanta-based railroad said it earned $790 million, or $3.42 per share. That fell short of what Wall Street

By KELVIN CHAN Associated Press LONDON (AP) — Amazon warehouse workers went on strike for the first time in Britain on Wednesday because of a dispute over pay and working conditions, adding to a wave of industrial labor action across the country fueled by the soaring cost of living. Union members voted to walk off

By DAVID KOENIG AP Airlines Writer Boeing said Wednesday it lost $663 million in the fourth quarter as higher production costs and supply-chain problems offset rising revenue. It was another disappointing quarter for the aerospace giant, which has yet to recover from deadly crashes involving two of its 737 Max jets and a pandemic that

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka’s Central Bank chief says the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan. Sri Lanka is bankrupt and has suspended repayment of

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The economic outlook has brightened in Europe’s largest economy. The German government on Wednesday raised its estimate for growth next year to an 0.2% expansion from a 0.4% contraction as the country manages its energy divorce from Russia and shells out support for consumers and

NEW YORK (AP) — Rupert Murdoch has pulled the plug on a proposal to merge his News Corp. and Fox Corp. In statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan. They say the letters indicated that “a combination is not optimal for shareholders of News Corp. and Fox at

NEW DELHI (AP) — India’s Adani Group has protested allegations by short-selling firm Hindenburg Research that caused shares in its companies to plunge by as much as 8%. Hindenburg issued a report late Tuesday saying it was betting against shares in companies within the Adani empire. Asia’s richest man, coal magnate Gautam Adani, made a

By KATE ASHFORD of NerdWallet In 2022, 48% of Medicare beneficiaries were enrolled in Medicare Advantage plans instead of original Medicare, and experts predict the number will be higher in 2023. Medicare Advantage plans are offered by private insurers and bundle Medicare benefits in a way many people find appealing — but they also limit

By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — The United States is rerouting $72 million of America’s assistance to Lebanon to help the cash-strapped government boost wages of its soldiers and police officers. Washington is a key donor of the Lebanese Army and its 80,000 members, providing over $3 billion in military aid since 2006.