G-7 Pledges Put Coal on Notice, Could Boost Climate Aid | Business News

By FRANK JORDANS, Associated Press BERLIN (AP) — Officials from the Group of Seven wealthy nations announced Friday that they will aim to largely end greenhouse gas emissions from their power sectors by 2035, making it highly unlikely that those countries will burn coal for electricity beyond that date. Ministers from the G-7 countries meeting … Read more

Asian Shares’ Rise Broadly Cheered by US Earnings, Rally | Business News

By YURI KAGEYAMA, AP Business Writer TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent US shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea. “Improved risk sentiments in Wall Street, along with earnings outperformance … Read more

NRA Stages Marketing Event as Texas Mourns School Shooting | Texas News

By JUAN LOZANO and DAVID A. LIEB, Associated Press HOUSTON, AP — The National Rifle Association begins its annual convention in Houston on Friday, and leaders of the powerful gun-rights lobbying group are gearing up to “reflect on” — and deflect any blame for — the deadly shooting earlier this week of 19 children and … Read more

Big Tech Deals Keep Coming: Broadcom Buys VMware for $61B | Business News

By MICHELLE CHAPMAN, AP Business Writer Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty. The proposed deal comes just weeks after billionaire and Tesla CEO Elon Musk offered … Read more

Fewer Americans Apply for Jobless Benefits Last Week | Business News

By MATT OTT, AP Business Writer WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment benefits already near five-decade lows. Applications for unemployment benefits fell by 8,000 to 210,000 for the week ending May 21, the Labor Department reported Thursday. First-time applications are generally representative of … Read more

Davos Updates | Kyiv Mayor Grateful for Pledges of Support | Business News

DAVOS, Switzerland (AP) — The mayor of Kyiv says he’s grateful to receive calls from the leader of other cities around the world pledging their support for rebuilding the Ukrainian capital. Speaking Thursday at the World Economic Forum’s meeting in Davos, Switzerland, Vitali Klitschko says the support is important but “first of all, right now, … Read more

AP Interview: Olympic Champ Jacobs Wants to Win ‘Everything’ | Sports News

By ANDREW DAMPF, AP Sports Writer ROME (AP) — Marcell Jacobs already won another gold medal at the world indoors. He’ll likely get a huge reception at Rome’s upcoming Diamond League meet. Then a meeting with his once-estranged father at the world championships. Followed by more potential medals at the European championships. And, to top … Read more

Asian Stocks Lower After Fed Confirms Rate Hike Plans | Business News

By JOE McDONALD, AP Business Writer BEIJING (AP) — Asian stock markets were mostly lower Thursday after notes from the Federal Reserve’s latest meeting confirmed expectations of more interest rate hikes but held no surprises to rattle investors. Tokyo, Hong Kong and Sydney fell while Shanghai and Southeast Asian markets gained. Oil prices rose. Investors … Read more

Proposed Women’s Hockey League Teams With Billie Jean King | Sports News

By JOHN WAWROW, AP Hockey Writer North America’s top women’s hockey players are teaming up with former tennis star Billie Jean King and Los Angeles Dodgers chairman Mark Walter to explore launching a pro league within the next year, a person with direct knowledge of the agreement told The Associated Press on Tuesday night. The … Read more

Twitter to Pay $150M Penalty Over Privacy of Users’ Data | Business News

By MARCY GORDON, AP Business Writer WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span. The Justice Department and the Federal Trade Commission announced the settlement with Twitter … Read more