Latest Business News

Ben & Jerry's Israel business sold; sales to resume

Jun. 29, 2022 11:01 AM EDT

JERUSALEM (AP) — Unilever said Wednesday that it has reached a new business arrangement in Israel that will effectively end Ben & Jerry's policy of not selling ice cream in annexed east Jerusalem and the occupied West Bank. Israel hailed the move as a victory in its ongoing...

Chief: Officer hit woman at abortion rally, should be fired

Jun. 29, 2022 10:59 AM EDT

PROVIDENCE, R.I. (AP) — The chief of police in Rhode Island's capital has recommended that a city officer charged with assaulting a woman during an abortion-rights protest should lose his job. Patrolman Jeann Lugo's “disturbing, egregious, assaultive and unprofessional behavior...

CEO and Florida museum part ways following Basquiat raid

Jun. 29, 2022 10:54 AM EDT

ORLANDO, Fla. (AP) — The Orlando Museum of Art has parted ways with its CEO in the days after the FBI raided the Florida museum and seized more than two dozen paintings attributed to artist Jean-Michel Basquiat that are the subjects of an investigation into possible wire fraud and conspiracy. ...

US stocks waver, on track for 4th monthly loss this year

Jun. 29, 2022 10:52 AM EDT

NEW YORK (AP) — Stocks shifted between gains and losses on Wall Street Wednesday morning, keeping the market on track for its fourth monthly loss this year. The S&P 500 was up 0.1% after the first hour of trading. The benchmark index has been volatile all week, and is down 20%...

Norway: Pride attack suspect still won't talk to police

Jun. 29, 2022 10:46 AM EDT

COPENHAGEN, Denmark (AP) — A man held over a suspected Islamist deadly weekend shooting ahead of an LGBTQ festival in Oslo is still refusing to talk to police, making it hard to establish whether he had any accomplices, Norwegian authorities said Wednesday. Zaniar Matapour, a...

Bed Bath & Beyond CEO ousted after another dour quarter

Jun. 29, 2022 10:40 AM EDT

The top executive at Bed Bath & Beyond's CEO was ousted Wednesday as the home goods retailer continues to struggle to figure out what people want to buy. Board member Sue Gove will take over as interim CEO, the company said Wednesday, replacing Mark Tritton. Bed Bath &...

Fuel, transport subsidies help keep German inflation at 7.6%

Jun. 29, 2022 10:36 AM EDT

BERLIN (AP) — Inflation in Germany eased slightly in June compared to the previous month, in part due to new subsidies that helped rein in the price of gasoline and public transport. Official figures released Wednesday show inflation hit 7.6% this month, down from 7.9% in May,...

New York's 1st legal marijuana crop sprouts under the sun

Jun. 29, 2022 10:29 AM EDT

CLIFTON PARK, N.Y. (AP) — New York's recreational marijuana market is beginning to sprout, literally, with thin-leafed plants stretching toward the sun in farms around the state. In a novel move, New York gave 203 hemp growers first shot at cultivating marijuana destined for legal...

Top New Mexico elections regulator says she was threatened

Jun. 29, 2022 10:18 AM EDT

SANTA FE, N.M. (AP) — New Mexico's top elections regulator says she received threats to her safety via an email and telephone calls to her offices and that the FBI has been notified. Secretary of State Maggie Toulouse Oliver on Tuesday told The Associated Press that there have been...

Rhode Island sets ambitious target for 100% renewable energy

Jun. 29, 2022 10:12 AM EDT

Rhode Island’s governor is signing legislation Wednesday setting the most ambitious target in the nation to require the state to be powered completely by renewable energy. The legislation accelerates plans for the electric grid to operate with 100% renewable energy, so the goal is...