AP National Business

The Associated Press Stocks closed higher on Wall Street as investors made their final moves ahead of a highly anticipated report on inflation. The S&P 500 rose 1.3% Wednesday, its second straight gain before Thursday morning’s inflation data. The Nasdaq and the Dow also rose. Economists expect the report to show that inflation continued to

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Wells Fargo & Co., up 38 cents to $42.74. The bank said it will shrink its home mortgage business. World Wrestling Entertainment Inc., down 74 cents to $89.50. Stephanie McMahon resigned as chairwoman and co-CEO of the professional wrestling events and

By RANDALL CHASE AP Business Writer DOVER, Del. (AP) — The judge presiding over the bankruptcy of cryptocurrency exchange FTX Trading is allowing the company to maintain a veil of secrecy over the names of individual customers and creditors. The judge ruled Wednesday that FTX could withhold the names from public disclosure for another three

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russia’s top military officer has been put in charge of troops fighting in Ukraine on Wednesday. It’s a move that appears to reflect the Kremlin’s dissatisfaction with the current leadership and flaws in the military’s performance. Russia’s Defense Ministry said Wednesday that Gen. Valery Gerasimov was named

The Associated Press Benchmark U.S. crude oil for February delivery rose $2.29 to $77.41 a barrel Wednesday. Brent crude for March delivery rose $2.57 to $82.67 a barrel. Wholesale gasoline for February delivery rose 10 cents to $2.43 a gallon. February heating oil rose 8 cents to $3.22 a gallon. February natural gas rose 3

By TOM KRISHER AP Auto Writer DETROIT (AP) — The head of the National Transportation Safety Board is expressing concern about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles. Jennifer Homendy raised the issue in a speech Wednesday in Washington to the Transportation Research Board. She noted, by way

By MEGAN JANETSKY Associated Press MIAMI (AP) — Western Union says it has resumed remittance services between the U.S. and Cuba in a limited capacity after two years of the essential economic lifeline being severed. The step could offer Cuban families key economic support during a time of record economic crisis in the Caribbean nation,

By JOEY CAPPELLETTI Associated Press LANSING, Mich. (AP) — Michigan Democratic Gov. Gretchen Whitmer will travel to Europe next week for a five-day trip. It will include stops in Norway and Switzerland, where Whitmer will meet with other leaders at the World Economic Forum’s annual meeting in Davos. Whitmer is expected to promote the state’s

PONTIAC, Mich. (AP) — Electric vehicles took two of three categories for the first time in this year’s North American Car, Truck and Utility of the Year awards. Ford’s F-150 Lightning electric pickup won the truck category, while Kia’s EV6 battery-powered EV was named the top SUV. The Integra, a small sedan from Honda’s Acura

By TIM REYNOLDS AP Basketball Writer MIAMI (AP) — The naming rights deal between FTX and Miami-Dade County has been terminated by a federal bankruptcy court. The move allows the collapsed cryptocurrency exchange’s brand to be stripped from the arena where the NBA’s Miami Heat play. The order means that before long all FTX signage

By JOSH DUBOW AP Pro Football Writer Returning a kick or punt for a touchdown has never been rarer in the NFL with one coming on average every 30 games. So when there’s a moment like there was Sunday when Nyheim Hines electrified the crowd in Buffalo with not one but two kickoff return scores

LONDON (AP) — Britain’s postal service says it has been hit by a “cyber incident” that’s temporarily preventing it from sending letters or parcels to other countries. Royal Mail reported on its website Wednesday that international export services are “experiencing severe service disruption” without providing further details. The company said it’s “temporarily unable to dispatch

By THALIA BEATY Associated Press The film “Devotion” reignited efforts to repatriate the remains of Jesse Brown, America’s first Black Navy pilot, who died in 1950 after having to crash land his damaged plane during the Korean War. Fred Smith, the founder of Memphis-based FedEx, financed the film about Brown because he thought Brown deserved

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — For months, the outlook for the U.S. economy has been a mostly bleak one: Inflation hitting a four-decade high, consumer spending weakening, interest rates surging. Most economists penciled in a recession for 2023. An economic downturn is still possible. Yet in recent weeks, with inflation showing

By MICHELLE CHAPMAN AP Business Writer The Walt Disney Co. is making several changes at its domestic theme parks in order to improve the public perception of its business. Among the changes: it will cease charging for overnight self-parking at its Walt Disney World resorts; Walt Disney World annual passholders will be able to visit

By DEE-ANN DURBIN AP Business Writer Thousands of travelers were stranded at U.S. airports due to an hours-long computer outage. If a flight is canceled, experts say most airlines will rebook you on the next available flight. But if you choose to cancel the trip, airlines must provide you with a full refund. If your

LVIV, Ukraine (AP) — Polish President Andrzej Duda says that the European Union nation has decided to send a company of Leopard tanks to help neighboring Ukraine in the war with invading Russia. But Duda said Wednesday that the move would be possible only as an element of a larger international coalition. Poland’s leaders have

By MANU FERNÁNDEZ and JOSEPH WILSON Associated Press MADRID (AP) — Farmers from southeastern Spain have protested against a government order to provide ecological protection for a river. They see it as a threat to  water resources they need for irrigating crops. Several thousand protesters rallied in front of Spain’s ministry for ecological transition. The

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS is beginning to see “a light at the end of the tunnel” of its customer service struggles, thanks to tens of billions of new money from the Democrats’ climate and health law and the authority to hire more people. That word comes from an independent