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June 24

Airlines aim to shift blame for flight problems to FAA

With an eye on the upcoming July Fourth weekend, airlines are stepping up their criticism of federal officials over recent widespread flight delays and cancellations
June 24
FILE - Planes sit on the tarmac at the Des Moines International Airport, Monday, June 13, 2022, in Des Moines, Iowa. With an eye on the upcoming July Fourth weekend, airlines are stepping up their criticism of federal officials over recent widespread flight delays and cancellations. The industry trade group Airlines for America said Friday, June 24, 2022, that understaffing at the Federal Aviation Administration is crippling traffic along the East Coast. (AP Photo/Charlie Neibergall, File)
June 24

Airline merger: Frontier sweetens offer for Spirit Airlines

The bidding war over Spirit Airlines is heating up again
June 24
FILE - A line of Spirit Airlines jets sit on the tarmac at Orlando International Airport on May 20, 2020, in Orlando, Fla. Frontier Airlines on Friday, June 24, 2022, added more cash and a larger breakup fee to its offer to buy Spirit Airlines, and the Spirit board repeated its preference for Frontier over a rival bid by JetBlue Airways. (AP Photo/Chris O'Meara, File)
June 24

Pilots in line for big raises amid global travel disruptions

Pilots at United Airlines are in line to get pay raises over the next 18 months
June 24
FILE - A United Airlines jetliner lifts off from a runway at Denver International Airport on June 10, 2020, in Denver. Pilots at United Airlines are in line to get big pay raises over the next 18 months. Their union, the Air Line Pilots Association, said Friday, June 24, 2022, that it has reached a tentative agreement for raises totaling more than 14.5%. If approved, the deal could set the stage for similar raises by pilots at other airlines. (AP Photo/David Zalubowski, File)
June 24

Carnival shares cruise higher on gains in revenue, bookings

Shares of Carnival Corp. have surged after it reported higher revenue, occupancy levels on its cruise ships, and bookings for future trips
June 24
FILE - The Carnival Conquest cruise ship sits docked at port on Oct. 20, 2021, in Miami. Long-battered shares of Carnival Corp. jumped more than 12% Friday, June 24, 2022, as the cruise line owner reported a big increase in revenue, occupancy levels, and bookings for future trips. However, the company posted a $1.83 billion second-quarter loss and said the effects of the pandemic and higher fuel prices will lead to another loss in the third quarter. (AP Photo/Rebecca Blackwell, File)
June 24

After Roe, Dems seek probe of tech's use of personal data

Four Democratic lawmakers are asking federal regulators to investigate Apple and Google for allegedly deceiving mobile phone users by enabling the collection and sale of their personal data
June 24
Clinic escort Kim Gibson stands outside the Jackson Women's Health Organization clinic in Jackson, Miss., calling out to incoming patients that the clinic is still open, moments after the U.S. Supreme Court ruling overturning Roe v. Wade was issued, Friday, June 24, 2022. The clinic is the only facility that performs abortions in the Mississippi. However, the ruling ends constitutional protections for abortion. (AP Photo/Rogelio V. Solis)
June 24

Stocks rally, driving Wall Street to a rare winning week

Stocks rallied on Wall Street Friday, sending the S&P 500 up 3.1% for its best gain in two years
June 24
A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Friday, June 24, 2022. Shares were higher in Asia on Friday, tracking gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses. (AP Photo/Lee Jin-man)
June 24

CEOs speak out on ‘crushing blow’ at Supreme Court

Facebook-parent Meta, JPMorgan Chase will cover employee travel for abortions.
June 24
Facebook CEO Mark Zuckerberg speaks at Georgetown University, Oct. 17, 2019, in Washington.
June 24

Wells Fargo, Carnival rise; CalAmp, Lending Tree fall

Stocks that traded heavily or had substantial price changes Friday: Wells Fargo, Carnival rise; CalAmp, Lending Tree fall
June 24
June 24

How major US stock indexes fared Friday 6/24/2022

Wall Street rallied on Friday, lifting the S&P 500 3.1% for its best gain in two years
June 24
June 24

Ukrainian army leaving battered city for fortified positions

Ukrainian officials said their country's forces are withdrawing from a besieged eastern city to move to stronger positions
June 24
FILE - In this May 23, 2011, file photo a launch truck fires the High Mobility Artillery Rocket System (HIMARS) produced by Lockheed Martin during combat training in the high desert of the Yakima Training Center, Wash. U.S. officials will send another $450 million in military aid to Ukraine, including some additional medium-range rocket systems. The latest package will include a number of High Mobility Artillery Rocket Systems, or HIMARS. (Tony Overman/The Olympian via AP, File)
June 24

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
June 24
June 24

Juul seeks to halt FDA order banning e-cigarette sales in US

Juul has asked a federal court to block the government agency's order.
June 24
FILE — A woman exhales while vaping from a Juul pen e-cigarette in Vancouver, Wash., April 16, 2019. Federal health officials on Thursday,June 23, 2022 ordered Juul to pull its electronic cigarettes from the U.S. market, the latest blow to the embattled company widely blamed for sparking a national surge in teen vaping. (AP Photo/Craig Mitchelldyer, File)
June 24

Stars turn out for Dior's 19,000 blooms at Paris show

Flowers, art, and Dior’s world-famous ateliers collided on Friday at Paris Fashion Week for a sweet-smelling explosion of creativity
June 24
A model wears a creation as part of the Paul Smith men's Spring Summer 2023 collection presented in Paris, France, Friday, June 24, 2022. (AP Photo/Michel Euler)
June 24

A world apart, Lebanon and Sri Lanka share economic collapse

Both nations have seen the collapse of once-prosperous economies.
June 24
FILE- An anti-government demonstrator holds a national flag and runs across tires that were set on fire to block a main highway during a protest against a ruling elite they say has failed to address the economy's downward spiral, in the town of Jal el-Dib, north of Beirut, Lebanon, Tuesday, Jan. 14, 2020. Lebanon and Sri Lanka may be a world apart, but they share a history of political turmoil and violence that led to the collapse of once-prosperous economies bedeviled by corruption, patronage, nepotism and incompetence. (AP Photo/Bilal Hussein, File)
June 24

Airport chaos: European travel runs into pandemic cutbacks

Travel demand is back, but airlines and airports that cut jobs are struggling.
June 24
June 24

UK Conservatives lose 2 elections in blow to Boris Johnson

British Prime Minister Boris Johnson’s leadership of the Conservative party has suffered a heavy double blow as voters rejected the Tories in two special elections
June 24
Union Jack flags are seen in front of the Elizabeth Tower, known as Big Ben, beside the Houses of Parliament in London, Friday, June 24, 2022. British Prime Minister Boris Johnson suffered a double blow as voters rejected his Conservative Party in two special elections dominated by questions about his leadership and ethics. He was further wounded when the party's chairman quit after the results came out early Friday, saying Conservatives “cannot carry on with business as usual.” (AP Photo/Frank Augstein)
June 24

Dutch government to rein in flights at Schiphol Airport

The Dutch government plans to cut the maximum number of flights allowed each year at the country’s busiest aviation hub, Schiphol Airport, in an attempt to reduce noise and air pollution
June 24
Travelers wait in long lines outside the terminal building to check in and board flights at Amsterdam's Schiphol Airport, Netherlands, Tuesday, June 21, 2022. The airport is reining in flight departures over its busy summer period because shortages of security staff mean it cannot cope with the high demand as many families take to the skies for the first time since the coronavirus pandemic has eased. The decision is likely to affect the vacation plans of thousands of travelers each day, the airport's CEO said.(AP Photo/Peter Dejong)
June 24

Turkey wildfire largely under control, Erdogan says

Turkish President Recep Tayyip Erdogan says that a wind-stoked wildfire that has been raging near a popular resort in southwestern Turkey has been “largely” brought under control
June 24
A water-dropping aircraft flies over the Bordubet region, near Marmaris, western Turkey, Thursday, June 23, 2022. Water-dropping aircraft from Azerbaijan and Qatar on Friday joined the fight against a wind-stoked wildfire that burned for a fourth day near a popular resort in southwestern Turkey. Turkey's forestry minister meanwhile, said the fire may be close to being contained but said the wind still posed a risk. (AP Photo)
June 24

Zelenskyy urges Glastonbury crowd to spread truth about war

The Ukrainian president urged music fans to “spread the truth about" the war.
June 24
Ukrainian President Volodymyr Zelenskyy speaks via video at the Glastonbury Festival in Worthy Farm, Somerset, England, Friday, June 24, 2022. (Photo by Joel C Ryan/Invision/AP)
June 24

Afghanistan earthquake victims face struggles getting aid

Donations for Afghanistan earthquake victims will face far more hurdles than other disasters, due to sanctions against the country’s Taliban government and its troubled relationship with Western nations, experts say
June 24
Afghans stand by the bodies of relatives killed in an earthquake in Gayan village, in Paktika province, Afghanistan, Thursday, June 23, 2022. A powerful earthquake struck a rugged, mountainous region of eastern Afghanistan early Wednesday, flattening stone and mud-brick homes in the country's deadliest quake in two decades, the state-run news agency reported. (AP Photo/Ebrahim Nooroozi)
June 24

Afghanistan earthquake victims face struggles getting aid

Donations for Afghanistan earthquake victims will face far more hurdles than other disasters, due to sanctions against the country’s Taliban government and its troubled relationship with Western nations, experts say
June 24
Afghans stand by the bodies of relatives killed in an earthquake in Gayan village, in Paktika province, Afghanistan, Thursday, June 23, 2022. A powerful earthquake struck a rugged, mountainous region of eastern Afghanistan early Wednesday, flattening stone and mud-brick homes in the country's deadliest quake in two decades, the state-run news agency reported. (AP Photo/Ebrahim Nooroozi)
June 24

Solidarity behind Ukraine's Russia fight atop summit agendas

Back-to-back world leader summits in Europe this weekend will focus on uniting Western nations behind Ukraine in its fight against Russia’s invasion and overcoming Turkey’s opposition to NATO membership for Finland and Sweden
June 24
June 24

Cyprus signs deal for Airbus attack helicopters

Cyprus has signed a deal with Airbus Helicopters to purchase six light attack helicopters with an option for another six as it seeks to shed Soviet-era armaments and procure military equipment compatible with other European Union member states
June 24
June 24

EU leaders endorse Croatia's switch to euro currency

European Union leaders have agreed that Croatia will join the group of countries using the euro currency next year
June 24
European Council President Charles Michel, left, speaks with Croatia's Prime Minister Andrej Plenkovic during a round table meeting at an EU summit in Brussels, Friday, June 24, 2022. EU leaders were set to discuss economic topics at their summit in Brussels Friday amid inflation, high energy prices and a cost of living crisis. (AP Photo/Olivier Matthys)
June 24

EU leaders tackle inflation, energy shocks from Russia's war

European Union leaders are discussing their response to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises
June 24
From left, Croatia's Prime Minister Andrej Plenkovic, European Commission President Ursula von der Leyen, European Central Bank President Christine Lagarde and Ireland's Finance Minister Paschal Donohoe during a round table meeting at an EU summit in Brussels, Friday, June 24, 2022. EU leaders were set to discuss economic topics at their summit in Brussels Friday amid inflation, high energy prices and a cost of living crisis. (AP Photo/Olivier Matthys)
June 24

The threat retirees may face from market turmoil

The crunch of rising costs and falling stocks poses a challenge, experts said.
June 24
A television displays market news as traders work on the floor of the New York Stock Exchange during morning trading, June 23, 2022, in New York City.
June 24

Swiss customs tracks importation of Russian gold worth $200M

Swiss customs authorities are tracking about 3 tons of gold of Russian origin that entered Switzerland from Britain last month to watch for potential violations of economic sanctions against Russia following the invasion of Ukraine
June 24
June 24

Asian shares gain, tracking Wall Street advance

Shares are higher in Asia, tracking gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses
June 24
An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig)
June 23

Fix the Hog: Harley, Westinghouse ordered to fix warranties

The companies are accused of imposing illegal warranty terms on customers.
June 23
June 23

All big US banks pass Fed's annual 'stress tests'

The nation’s 3 biggest banks have enough capital to withstand a severe economic contraction
June 23
June 23

Delta wins right to stay at Dallas airport after lawsuit

The agreement ends a long court fight over gates at the city-owned airport.
June 23
June 23

FDA bans Juul e-cigarettes tied to teen vaping surge

U.S. health regulators have ordered vaping company Juul to pull its electronic cigarettes from the market
June 23
June 23

Settlement would forgive $6B for defrauded college students

The Biden administration has agreed to cancel $6 billion in student loans for about 200,000 former students who say they were defrauded by their colleges
June 23
June 23

How major US stock indexes fared Thursday 6/23/2022

Stocks shook off a midday slump and ended higher, keeping major indexes on track for weekly gains
June 23
June 23

Mosaic, Bank of America fall; KB Home, Rite Aid rise

Stocks that traded heavily or had substantial price changes Thursday: Mosaic, Bank of America fall; KB Home, Rite Aid rise
June 23
June 23

Yelp closes three US offices, says remote work is its future

Yelp is closing three of its U.S. offices after finding most of its employees prefer to work remotely
June 23
June 23

The AP Interview: Estonian PM says Russia not weary of war

Estonian Prime Minister Kaja Kallas has told The Associated Press that the West shouldn't underestimate Russia’s military capabilities in Ukraine and that President Vladimir Putin's forces are in it for the long haul
June 23
June 23

Oil industry says Granholm meeting sends 'positive signal'

Groups representing the oil industry and refiners say a meeting with Energy Secretary Jennifer Granholm was productive and should send a signal to markets that the United States is committed to long-term investments in the oil and refining industry
June 23
June 23

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
June 23
June 23

Musk vows fast fix for new "money furnace" Tesla factories

Tesla CEO Elon Musk described the electric automaker’s factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number of cars they can produce
June 23
June 23

Powell: Fed must convince public it can tame inflation

As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession
June 23
Federal Reserve Chairman Jerome Powell speaks to the Senate Banking, Housing and Urban Affairs Committee, as he presents the Monetary Policy Report to the committee on Capitol Hill, Wednesday, June 22, 2022, in Washington. (AP Photo/Manuel Balce Ceneta)
June 23

Instagram tests using AI, other tools for age verification

Instagram is testing new ways to verify the age of people using its service, including a face-scanning artificial intelligence tool, having mutual friends verify their age or uploading an ID
June 23
June 23

Airport chaos: European travel runs into pandemic cutbacks

After two years of restrictions, travel demand is back with a vengeance.
June 23
June 23

EXPLAINER: Why Sri Lanka's economy collapsed and what's next

Sri Lanka’s prime minister says the island nation's debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel
June 23
Women wait in a queue to buy kerosene in in Colombo, Sri Lanka, Saturday, June 11, 2022. Sri Lanka's economic crisis, the worst in its history, has completely recast the lives of the country's once galloping middle class. For many families that never had to think twice about fuel or food, the effects have been instant and painful, derailing years of progress toward lifestyles aspired to across South Asia. (AP Photo/Eranga Jayawardena)
June 23

European Union leaders set to grant Ukraine candidate status

EU leaders are set to grant Ukraine a candidate status to join the bloc.
June 23
June 23

United cuts flights at Newark in effort to reduce delays

United Airlines will cut about 50 flights a day in Newark, New Jersey, to try to limit flight delays and cancellations there this summer
June 23
June 23

Average long-term US mortgage rates inch up to 5.81%

Average long-term U.S. mortgage rates inched up this week following last week’s mammoth jump, the biggest in 35 years
June 23
June 23

Buffett's firm picks up $500 million more Occidental shares

Warren Buffett's Berkshire Hathaway bought more than $500 million worth of Occidental Petroleum shares over the past week as it continued to invest heavily in oil producers this year
June 23
June 23

Trains canceled in UK as unions stage 2nd 24-hour walkout

Millions of people in Britain are facing disruption.
June 23
June 23

Wall Street's bubble may be gone, but stocks can still fall

This year's sell-off for Wall Street means stocks no longer look to be in a dangerously overvalued bubble, as some critics had warned
June 23