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Settlement reached in lawsuit between Disney and Florida Gov. Ron DeSantis' allies
ORLANDO, Fla. (AP) — Allies of Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a state court fight over how Walt Disney World is developed in the future following the takeover of the theme park resort's government by the F...
Trump's social media company approved to go public, potentially netting former president billions
NEW YORK (AP) — Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge w...
Senate passes $1.2 trillion funding package in early morning vote, ending threat of partial shutdown
WASHINGTON (AP) — The Senate passed a $1.2 trillion package of spending bills in the early morning hours Saturday, a long overdue action nearly six months into the budget year that will push any threats of a government shutdown to the fall. The bill...
Boeing CEO to exit in broad management shakeup as manufacturing issues plague storied plane maker
Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup Monday after a series of mishaps at one of America's iconic manufacturers. Stan Deal, president and CEO of Boeing's co...
As electric vehicle sales slow, US relaxes plans for stricter auto emissions standards for a while
WASHINGTON (AP) — The Biden administration this week is expected to announce new automobile emissions standards that relax proposed limits for three years but eventually reach the same strict standards proposed by the Environmental Protection A...
Sex trade to slavery: A UN agency says criminals reap $236B a year in profits from forced labor
GENEVA (AP) — Illegal profits from forced labor worldwide have risen to the "obscene" amount of $236 billion per year, the U.N. labor agency reported Tuesday, with sexual exploitation to blame for three-fourths of the take from a business that d...
Federal Reserve still foresees 3 interest rate cuts this year despite bump in inflation
WASHINGTON (AP) — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street, despite signs that inflation remained elevated at the start of the year. For n...
EPA issues new auto rules aimed at cutting carbon emissions, boosting electric vehicles and hybrids
WASHINGTON (AP) — The Biden administration announced new automobile emissions standards Wednesday that officials called the most ambitious plan ever to cut planet-warming emissions from passenger vehicles. The new rules relax initial tailpipe limits...
SEC climate rule prompts a rush to sue. Experts say companies are likely to prepare to comply anyway
WASHINGTON (AP) — The U.S. Securities and Exchange Commission's new rule requiring companies to disclose some emissions and climate-related information was barely passed before the agency was being hauled to court. The rule adopted in early March was...
Budget Office report credits immigration and spending deals with improved outlook despite huge debt
WASHINGTON (AP) — The nonpartisan Congressional Budget Office said Wednesday that it expects the federal government to be awash in debt over the next 30 years, but the outlook has improved over the past year due to increased immigration and a...
State Medicaid offices target dead people's homes to recoup their health care costs
WASHINGTON (AP) — As Salvatore LoGrande fought cancer and all the pain that came with it, his daughters promised to keep him in the white, pitched roof house he worked so hard to buy all those decades ago. So, Sandy LoGrande thought it was a m...
Mnuchin's interest in TikTok and distressed NY bank echoes his pre-Trump investment playbook
NEW YORK (AP) — It seems like a bizarre mishmash: A former Trump cabinet official is saying he wants to buy TikTok just days after leading a group that pumped $1 billion into a beaten-down bank. But it all actually fits in with the complicated c...
As TikTok bill steams forward, online influencers put on their lobbying hats to visit Washington
WASHINGTON (AP) — Lawmakers, meet your latest lobbyists: online influencers from TikTok. The platform is once again bringing influencers to Washington, this time to lobby members of Congress to reject a fast-moving bill that would force TikTok's B...
US inflation up again in February in latest sign that price pressures remain elevated
WASHINGTON (AP) — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden's re-election campaign, both of which are counting on a steady e...
Program that allows 30,000 migrants from 4 countries into the US each month upheld by judge
HOUSTON (AP) — The Biden administration can keep operating a program that allows a limited number of migrants from four countries to enter the U.S. on humanitarian grounds after a federal judge on Friday dismissed a challenge from Republican-led stat...
Biden's budget proposal for a second term offers tax breaks for families and lower health care costs
MANCHESTER, N.H. (AP) — President Joe Biden on Monday released a budget proposal aimed at getting voters' attention: It would offer tax breaks for families, lower health care costs, smaller deficits and higher taxes on the wealthy and c...
Emma Stone won, but Lily Gladstone didn't lose
LOS ANGELES (AP) — The Academy Awards were full of sure-things, long-awaited anointments and easy predictions. The "Oppenheimer" romp. Ryan Gosling's Ken stealing the show. That put even more focus on the category that was hardest to call: best a...
Biden administration would cap credit card late fees at $8, part of campaign against junk fees
WASHINGTON (AP) — The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 b...
Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto
NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The world's largest cryptocurrency jumped 4% this week and b...
Houthi missile attack kills two crew members in Yemen rebels' first fatal assault on shipping
DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed two of its crew members and forced survivors to abandon the vessel on Wednesday, officials said, in the first fatal strike in...
Fed's Powell: Rate cuts likely this year, but more evidence is needed that inflation is tamed
WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the Fed's 2% target. P...
Trillions of gallons leak from aging drinking water systems, further stressing shrinking US cities
Trillions of gallons are lost from aging drinking water systems across the U.S., underscoring an economic and public health reckoning after decades of deferred maintenance and disinvestment that leave some communities struggling to provide reliable...
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
OMAHA, Neb. (AP) — Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he's received the credit for leading and warned shareholders in his annual letter Satur...
Hungary's parliament ratifies Sweden's NATO bid, clearing the final obstacle to membership
BUDAPEST, Hungary (AP) — Hungary's parliament voted Monday to ratify Sweden's bid to join NATO, ending more than 18 months of delays that frustrated the alliance as it sought to expand in response to Russia's war in Ukraine. The vote, which passed w...
What recession? Professional forecasters raise expectations for US economy in 2024
NEW YORK (AP) — This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks set to grow 2.2% this year after adjusting for i...
