BANGKOK (AP) — Shares advanced Tuesday in Asia after Wall Street shook off an early bout of unsettled trading and ended higher. U.S. futures edged 0.1% higher and oil prices also gained. Hong Kong’s benchmark Hang Seng gained 0.9% to 15,313.22 after a 6.4% selloff the day before that took it to its lowest close…
BEIJING (AP) — China’s economic growth accelerated in the latest quarter but still was among the weakest in decades as the ruling Communist Party tries to reverse a downturn while enforcing anti-virus controls and a crackdown on debt in its vast real estate industry. The world’s second-largest economy grew by 3.9% over a year earlier…
BEIJING (AP) — China’s export growth weakened in September as global consumer demand cooled while imports rebounded from a contraction after Chinese economic growth improved. Exports rose 5.7% over a year earlier to $322.8 billion, down from August’s 7% growth, official data showed Monday. Imports gained 0.3% to $238 billion, recovering from the previous month’s…
SAN FRANCISCO (AP) — The Republican National Committee has filed a lawsuit against tech giant Google, alleging the company has been suppressing its email solicitations ahead of November’s midterm elections — an allegation Google denies. The lawsuit, filed in the District Court for the Eastern District of California Friday evening, accuses Gmail of “discriminating” against…
FORT WORTH, Texas (AP) — A federal judge ruled Friday that relatives of people killed in the crashes of two Boeing 737 Max planes are crime victims under federal law and should have been told about private negotiations over a settlement that spared Boeing from criminal prosecution. The full impact of the ruling is not…
Delta Air Lines has settled allegations by a pilot who said the airline ordered her to undergo a psychiatric examination and barred her from flying in retaliation for raising safety concerns to company executives. The settlement approved Friday ends a long-running dispute in which a federal arbiter agreed with many of the pilot’s claims and…
PROVIDENCE, R.I. (AP) — The plastics industry says there is a way to help solve the crisis of plastic waste plaguing the planet’s oceans, beaches and lands— recycle it, chemically. Chemical recycling typically uses heat or chemical solvents to break down plastics into liquid and gas to produce an oil-like mixture or basic chemicals. Industry…
Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Friday that the maximum contribution that an individual can make in 2023 to a 401(k), 403(b) and most 457 plans will be $22,500. That’s up from $20,500 this year. People aged 50 and…
NEW YORK (AP) — American Express profits rose a modest 3% in the third quarter despite a significant rise in spending by cardmembers. Revenue surged 24% to $13.56 billion, but profit its being curbed as the credit card giant sets aside hundreds of millions of dollars to cover potential credit losses in a volatile global…
BRUSSELS (AP) — European Union leaders struggled to find immediate practical solutions on how to deal with an energy crisis but avoided an open rift between Germany and France on Friday that would have exposed a divided bloc as it confronts Russian President Vladimir Putin over his war in Ukraine. After daylong talks in Brussels…
