AP National Business

By JAMEY KEATEN Associated Press DAVOS, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy told political leaders at the World Economic Forum meeting in Davos that supplies of Western weapons must come quicker than Russia’s attacks, urging the world to move faster because “tragedies are outpacing life; the tyranny is outpacing democracy.” Zelenskyy, speaking by video

By JILL LAWLESS Associated Press LONDON (AP) — Thousands of nurses in Britain walked out Wednesday in a new protest over pay, with no end in sight to a wave of strikes that has piled pressure on the U.K.‘s overburdened public health system. Two 12-hour nursing strikes on Wednesday and Thursday affect about a quarter

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were trading mixed Thursday, as investors grew cautious after Wall Street’s biggest pullback of the year. Shares dipped in Tokyo, but rose in Seoul and Sydney, where they recouped earlier losses by late morning. Hong Kong shares were slightly lower, while Shanghai shares were

By DANICA KIRKA Associated Press LONDON (AP) — U.K. inflation eased for a second month in December, boosting confidence that the cost-of-living crisis has peaked. The Office for National Statistics says consumer prices rose 10.5% in the year through December, down from 10.7% the previous month. Inflation peaked at a 41-year high of 11.1% in

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares advanced Wednesday, with Tokyo gaining more than 2% after Japan’s central bank kept its lax monetary policy unchanged, dispelling speculation it would yield to pressure to tighten credit to counter rising inflation. Oil prices rose and U.S. futures edged higher. The Bank of Japan

HONG KONG (AP) — China games company NetEase Inc. says it has rejected a proposal from World of Warcraft creator Activision Blizzard to temporarily extend its partnership while the U.S. company seeks a new partner, in an escalating public spat. Blizzard said in November that its 14-year partnership with NetEase was set to end, spelling

By FATIMA HUSSEIN Associated Press ZURICH (AP) — U.S. Treasury Secretary Janet Yellen has met with her Chinese counterpart and pledged an effort to manage differences and “prevent competition from becoming anything ever near conflict.” The sit-down Wednesday in Zurich is the highest-ranking contact between the two countries since their presidents in November agreed to

By KANIS LEUNG Associated Press MACAO (AP) — The founder of Macao’s once-biggest casino junket organizer has been sentenced to 18 years in jail after being convicted of operating illegal gaming activities, running a criminal organization and other charges. Alvin Chau, former chairman of Suncity Group, was arrested in 2021 on accusations he ran an

MANILA, Philippines (AP) — Nobel Peace Prize winner Maria Ressa and her news company have been cleared of tax evasion charges she said were among legal cases used by former Philippine President Rodrigo Duterte to try to muzzle critical reporting. The Court of Tax Appeals ruled Wednesday that prosecutors failed to prove Ressa and Rappler

SEATTLE (AP) — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with rival Kroger. The state’s highest court on Tuesday declined to review a case against the dividend brought by state Attorney

The Associated Press Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 0.2% Tuesday. The Nasdaq edged higher and the Dow Jones Industrial Average fell, mostly because of a big drop in Goldman Sachs after the investment bank’s results came in far below

By DAVID KOENIG AP Airlines Writer United Airlines has reported a bigger fourth-quarter profit and higher revenue than Wall Street expected. And United is giving a bullish forecast for 2023. United said Tuesday that it earned $843 million in the fourth quarter. United thinks people will keep traveling despite inflation and concern about the economy.

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Goldman Sachs Group Inc., down $24.08 to $349.92. The investment bank reported weak fourth-quarter financial results as deals dried up. National Instruments Corp., up $5.07 to $52.04. Emerson is going public with a $7.6 billion bid for the maker of scientific

By JOSH BOAK Associated Press WASHINGTON (AP) — The U.S. government has run up against its legal borrowing capacity of $31.381 trillion, an artificially imposed debt limit that has been increased scores of times. The Treasury Department on Thursday began implementing accounting workarounds called “extraordinary measures” to avoid a default. These workarounds shift money among

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — New Jersey’s gambling revenue matched its all-time high of $5.2 billion in 2022, but only half that amount was won by casinos from in-person gamblers. Figures released Tuesday by state gambling regulators show the casinos, horse tracks that take sports bets, and online partners of

The Associated Press Benchmark U.S. crude oil for February delivery rose 32 cents to $80.18 a barrel Tuesday. Brent crude for March delivery rose $1.46 to $85.92 a barrel. Wholesale gasoline for February delivery rose 2 cents to $2.55 a gallon. February heating oil fell 1 cent $3.25 a gallon. February natural gas rose 17

BUFFALO, N.Y. (AP) — The NHL’s Buffalo Sabres and Pegula Sports & Entertainment have hired John Roth as chief operating officer. He’ll report to owners Terry and Kim Pegula after spending more than two decades at Fidelity Investments. Roth assumes control of the club’s day-to-day business operations. Kim Pegula remains president of the Sabres and

By JAMES ROBSON AP Soccer Writer MANCHESTER, England (AP) — Jim Ratcliffe is entering the bidding to buy Manchester United. The billionaire owner of petrochemicals firm INEOS is ready to make an offer to United owners the Glazer family, who outlined their willingness to sell the Premier League club in November. INEOS told The Associated