AP National Business

NORTH BETHESDA, Md. — Esab: Q4 Earnings Snapshot

ELKHART, Ind. — Thor Industries: Fiscal Q2 Earnings Snapshot

DUBLIN — Dole: Q4 Earnings Snapshot

By CHRIS MEGERIAN and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden on Tuesday proposed new taxes on the rich to help fund Medicare, saying the plan would help to extend the insurance program’s solvency by 25 years and provide a degree of middle-class stability to millions of older adults. In his plan,

BEIJING — Canaan: Q4 Earnings Snapshot

By JILL LAWLESS Associated Press LONDON (AP) — The U.K. government says it’s ready for human-rights legal challenges to a tough new law intended to stop tens of thousands of migrants a year reaching the country in small boats across the English Channel. Home Secretary Suella Braverman said Tuesday the government had “pushed the boundaries

COPENHAGEN, Denmark (AP) — Lego says profits increased by 5% in 2022 from a year earlier and sales roles even as it raised prices on higher-ticket toys. The Danish toy company said net profit rose to 13.8 billion kroner, or $2 billion, from 13.3 billion kroner. Sales were up 12%, while revenue grew 17%. CEO

By ZEN SOO Associated Press HONG KONG (AP) — South Korean technology firm Kakao has launched a tender offer to buy up to 35% of K-pop agency SM Entertainment and become its largest shareholder, escalating a battle with entertainment firm Hybe for control of the company. Kakao offered a tender price of 150,000 won ($115)

By JOE McDONALD AP Business Writer BEIJING (AP) — China’s trade contracted again in January and February as U.S. and European demand weakened in the face of interest rate hikes, adding to pressure on official efforts to revive economic growth following the end of anti-virus controls. Customs data show exports sank 6.8% from a year

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president says China has given crucial debt restructuring assurances that mean the bankrupt nation could get its bailout package approved soon. President Ranil Wickremesinghe told Parliament on Tuesday that he has sent a letter of intent to the International Monetary Fund, which he

By NOMAAN MERCHANT and MATTHEW LEE Associated Press WASHINGTON (AP) — China has long been seen by the U.S. as a prolific source of anti-American propaganda but less aggressive in its influence operations than Russia, which has used cyberattacks and covert operations to disrupt U.S. elections and denigrate rivals. But many in Washington now think

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — A helicopter pilot who was coming into land at an Australian theme park has told investigators he didn’t hear the pilot on the ground announce he was taking off before the fatal collision between their aircraft. The investigators said in their preliminary report Tuesday that

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Jerome Powell told a Senate panel Tuesday. “The latest economic

CANBERRA, Australia (AP) — Australia’s central bank has increased its benchmark interest rate by another quarter-point to 3.6% as it continues trying to tame inflation. It was the 10th rate rise in a row by the Reserve Bank of Australia and brings interest rates to their highest point in 11 years. The increase will put

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s space agency intentionally destroyed a new H3 rocket minutes after its launch Tuesday because the ignition failed for the second stage of the country’s first new rocket series in more than two decades. Coming three weeks after an aborted launch due to a separate glitch, the

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — South Korean President Yoon Suk Yeol is defending his government’s contentious plan to use local funds to compensate Koreans enslaved by Japanese companies before the end of World War II. He says the plan is crucial for Seoul to build future-oriented ties with Tokyo after

By JEFF AMY Associated Press ATLANTA (AP) — A nuclear power plant in Georgia has begun splitting atoms in one of its two new reactors, Georgia Power said Monday, a key step toward reaching commercial operation at the first new nuclear reactors built from scratch in decades in the United States. The unit of Atlanta-based