BEIJING (AP) — China’s economic growth edged up to a still-weak 4.8% over a year earlier in the first three months of 2022 as industrial cities shut down to fight coronavirus outbreaks, threatening to disrupt global trade and manufacturing. Growth in the world’s second-largest economy crept up from the previous quarter’s 4% following a slump…
DETROIT (AP) — A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case. Lawyers for stockholders of the Austin, Texas-based company also say in court documents that the judge in the case has…
KHARKIV, Ukraine — Russia’s bombardment of cities around Ukraine on Saturday included an explosion in Kharkiv that destroyed a community kitchen. Associated Press journalists at the scene recorded the immediate aftermath of the apparent missile attack. Kharkiv Mayor Ihor Terekhov said three people were killed and 34 wounded by missile strikes Saturday in that city…
BILLINGS, Mont. (AP) — The Interior Department on Friday said it’s moving forward with the first onshore sales of public oil and natural gas drilling leases under President Joe Biden, but will sharply increase royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices….
AUSTIN, Texas (AP) — Texas Gov. Greg Abbott on Friday repealed his traffic-clogging immigration order that backed up commercial trucks at the U.S.-Mexico border, after a week of intensifying backlash and fears of deepening economic losses. The Republican governor dropped his new rules that had required all commercial trucks from Mexico to undergo extra inspections…
DETROIT (AP) — Two years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up. Supply is drastically down. And gasoline costs drastically more. The result? A widening disparity between the richest buyers and everyone else. The most affluent buyers keep plunking down big money for new…
TOKYO (AP) — Asian shares fell in muted trading as most world markets were closed for Good Friday and other holidays. Benchmarks declined in Tokyo, Seoul and Shanghai. Sydney, Manila, Bangkok and Hong Kong were among Asian markets observing holidays on Friday. U.S. and European markets also were closed. After markets closed, China’s central bank…
OMAHA, Neb. (AP) — Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board after successfully fighting off a hostile takeover from a different hedge fund. Lee’s largest shareholder, Cannell Capital, this week disclosed buying nearly…
SALINAS, Calif. (AP) — Firefighters contained a massive blaze at a central California food processing plant that prompted authorities to tell thousands of nearby residents to evacuate Thursday and to order tens of thousands more to stay inside their homes. The fire started Wednesday night at the Taylor Farms packaged salad plant in Salinas, about…
WASHINGTON (AP) — Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation. The average 5% rate on the 30-year mortgage was up from 4.72% last week, mortgage buyer Freddie Mac reported Thursday. The average…
