FRANKFURT, Germany (AP) — The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S.
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
June 4, 2023 GMTApple appears poised to unveil a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
CARSON CITY, Nev. (AP) — Gov. Joe Lombardo wants to help build Major League Baseball's smallest ballpark, arguing that the worst team in baseball can boost Las Vegas, a city striving to call itself a sports mecca.
Financial markets
Stock market today: Wall Street leaps, nearly escapes its bear market after strong jobs report
Business Highlights: YouTube to allow some false claims; Disney judge removes himself from case
Business Highlights: US industries' search for workers, debt ceiling deal details
Business Highlights: Smaller CEO raises, tougher automatic-braking standards
Business Highlights: Ruling protects Sacklers from lawsuits; AI extinction risk warning
Off the charts
Recession ahead? By this metric, one's here now: Earnings fall and Wall Street expects 2Q soreness.
ARGYLE, N.Y. (AP) — Seth Jacobs has about 100 bins packed with marijuana flower sitting in storage at his upstate New York farm.
And that’s a problem. There aren’t enough places to sell it.
The 700 pounds (318 kilograms) of pungent flower was harvested last year as part of New York's first crop of legally grown pot for recreational use.
Chuck Todd leaving NBC political panel show ‘Meet the Press’ and being replaced by Kristen Welker
June 4, 2023 GMTNEW YORK (AP) — Chuck Todd said on Sunday that he'll be leaving “Meet the Press” after a tumultuous near-decade of moderating the NBC political panel show, to be replaced in the coming months by Kristen Welker.
No breakthrough in NATO-Turkey talks about Sweden joining
June 4, 2023 GMTISTANBUL, Turkey (AP) — NATO Secretary-General Jens Stoltenberg made no breakthrough on Sunday in talks about Sweden’s membership in the military organization with Turkish President Recep Tayyip Erdogan, with officials from the two countries to meet in just over a week to try to bridge their differences.
Ukrainian father rushes home after Russian airstrike to find 2-year-old daughter dead in rubble
June 4, 2023 GMTKYIV, Ukraine (AP) — A Ukrainian man rushed to his home outside the central city of Dnipro in hopes of rescuing his family, only to find his 2-year-old daughter dead and wife seriously wounded as he helped pull them from the rubble of their apartment destroyed in one of Russia's latest airstrikes of the war, authorities reported Sunday.
Economy
US hiring jumped last month. So did unemployment. Here's what that says about the economy
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
Germany economy shrinks in first quarter, signaling one definition of recession
US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
What it would mean for the global economy if the US defaults on its debt
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
Germany economy shrinks in first quarter, signaling one definition of recession
US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
What it would mean for the global economy if the US defaults on its debt
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
Germany economy shrinks in first quarter, signaling one definition of recession
US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
What it would mean for the global economy if the US defaults on its debt
DAKAR, Senegal (AP) — Senegal's government temporarily suspended mobile phone data on Sunday as the country reels from days of deadly clashes between police and supporters of opposition leader Ousmane Sonko.
SAN FRANCISCO (AP) — A top Twitter executive responsible for safety and content moderation has left the company, her departure coming soon after owner Elon Musk publicly complained about the platform’s handling of posts about transgender topics.
Oil tanker breaks down in Egypt’s Suez Canal, briefly disrupting traffic in the global waterway
June 4, 2023 GMTCAIRO (AP) — A tanker transporting crude oil broke down in a single-lane part of Egypt's Suez Canal on Sunday, briefly disrupting traffic in the global waterway, Egyptian authorities said.
The Malta-flagged Seavigour suffered a mechanical malfunction at the 12- kilometer (7.5-mile) mark of the canal, said George Safwat, a spokesperson for Egypt’s Suez Canal Authority.
Guinea-Bissau votes to elect legislature more than a year after president dissolved parliament
June 4, 2023 GMTBISSAU, Guinea-Bissau (AP) — Bissau-Guineans voted Sunday in a highly anticipated election to fill Guinea-Bissau's national legislature, more than a year after the West African nation's president dissolved parliament.
Fire at refugee shelter in eastern Germany kills 1, injures 10
June 4, 2023 GMTBERLIN (AP) — A fire at a refugee shelter in eastern Germany killed one person and injured 10 others early Sunday, according to local police.
Police in the German state of Thuringia said the fire broke out around 5 a.m.
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
June 3, 2023 GMTWASHINGTON (AP) — With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt.
Here’s how to prepare to start paying back your student loans when the pandemic payment freeze ends
June 3, 2023 GMTNEW YORK (AP) — A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt.
Chase says online banking issue now resolved after bug causes double transactions and fees
June 3, 2023 GMTNEW YORK (AP) — Customers of Chase's online banking services saw double transactions, fees and payments in their accounts on Friday, in a glitch that was not fixed until late in the day.
Numerous Chase customers had posted on social media that their rent or bill payments were taken out of their accounts twice and reported hold times with customer service approaching more than an hour.
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
June 3, 2023 GMTJUNEAU, Alaska (AP) — Morgan Robidou posed next to the bright aluminum hull of his prized new vessel, a 30-foot (9-meter) fishing boat that he could use to take friends, family or tourists out after salmon or halibut in the bountiful waters of southeast Alaska.
Biden celebrates a ‘crisis averted’ in Oval Office address on bipartisan debt ceiling deal
June 3, 2023 GMTWASHINGTON (AP) — President Joe Biden celebrated a “crisis averted" in his first speech to the nation from the Oval Office Friday evening, ready to sign a budget agreement that eliminates the potential for an unprecedented government default that he said would have been catastrophic for the U.S.
PANAMA CITY (AP) — The trial of former Panamanian President Ricardo Martinelli and 14 others for alleged money laundering related to their purchase of a publishing company concluded on Friday, starting the clock on the 30 days the judge has to issue a verdict.
Rescuers at site of Iowa building collapse complete search for survivors, move on to recovery
June 3, 2023 GMTDES MOINES, Iowa (AP) — An Iowa task force has completed its search for survivors at the site of a partially collapsed Davenport apartment building without finding three missing people who are feared dead, authorities said Friday.
‘Do I have regrets? ... Hell yeah,’ says Davenport mayor after partial collapse of Iowa building
June 2, 2023 GMTDES MOINES, Iowa (AP) — A structural engineer’s report issued last week indicated a wall of a century-old apartment building in Iowa was at imminent risk of crumbling, yet neither the owner nor city officials warned residents of the danger days before the building partially collapsed, leaving three people missing and feared dead.
YouTube will stop removing content that falsely claims the 2020 election or other past U.S. presidential elections were marred by “widespread fraud, errors or glitches," the platform announced Friday.
BC-Index fut.
June 2, 2023 GMTNEW YORK (AP) — Stock index futures Friday:
Standard & Poors Index and Nikkei 225 Index futures trade on the Chicago Mercantile Exchange.
NYSE Index futures trade on the IntercontinentalExchange.
Biden orders 20-year ban on oil, gas drilling to protect tribal sites outside New Mexico’s Chaco
June 2, 2023 GMTSANTA FE, N.M. (AP) — Hundreds of square miles in New Mexico will be withdrawn from further oil and gas production for the next 20 years on the outskirts of Chaco Culture National Historical Park that tribal communities consider sacred, the Biden administration ordered Friday.
IMMOKALEE, Fla. (AP) — Across Florida on Thursday, workers didn't show up at construction sites and tomato fields and scores of restaurants, shops and other small businesses never opened their doors to protest a new state law that imposes restrictions on undocumented immigrants.
Maker of anti-addiction drug Suboxone reaches $102.5 million settlement over antitrust claims
June 2, 2023 GMTPHILADELPHIA (AP) — The company that makes the opioid addiction treatment drug Suboxone has agreed to pay $102.5 million to 41 states and the District of Columbia to settle claims that the company engaged in anticompetitive practices, it announced Friday.
Disney lawsuit judge removes himself from case but not for reasons cited by DeSantis
June 2, 2023 GMTORLANDO, Fla. (AP) — A federal judge overseeing the First Amendment lawsuit that Walt Disney Parks filed against Gov. Ron DeSantis and others is disqualifying himself, but not because of bias claims made by the Florida governor.
Companies reach $1.18 billion deal to resolve claims from ‘forever chemicals’ water contamination
June 2, 2023 GMTTRAVERSE CITY, Mich. (AP) — Three chemical companies said Friday they had reached a $1.18 billion deal to resolve complaints of polluting many U.S. drinking water systems with potentially harmful compounds known as PFAS.
Clashes in Senegal kill at least 9; government bans social media platforms and closes university
June 2, 2023 GMTDAKAR, Senegal (AP) — Clashes between police and supporters of Senegalese opposition leader Ousmane Sonko left nine people dead, the government said Friday, with authorities issuing a blanket ban on the use of several social media platforms in the aftermath of the violence.
ATLANTIC CITY, N.J. (AP) — As a high school senior, Nick was blessed with a deadly accurate jump shot from the three-point range — something he was quick to monetize.
He and his gym classmates not far from the Jersey Shore would compete to see who could make the most baskets, at $5 or $10 a pop.
WARSAW, Poland (AP) — Polish President Andrzej Duda said Friday that he was proposing urgent amendments to a law on Russian influence he signed this week that drew U.S.
ORLANDO, Fla. (AP) — Dozens of transgender people in Florida have turned to crowdfunding appeals to help them leave the state after the passage of new legislation that targets the LGBTQ+ community, including a law that curtails access to gender-affirming care for adults and bans it for minors.
Wegmans is closing one of its largest grocery stores. Its unusual location hurt business
June 2, 2023 GMTNATICK, Mass. (AP) — The Wegmans supermarket chain is closing one of its largest and most unusual stores because it has not attracted enough business, the company said.
The Natick, Massachusetts store will close on an undetermined date this summer, the Rochester, New York-based company said in a statement on Thursday.
Amazon union organizer in Alabama who testified before Senate committee is terminated
June 2, 2023 GMTA union organizer at Amazon who testified before a Senate committee has been terminated by the company, according to the Retail, Wholesale and Department Store Union.
The union says Jennifer Bates is dealing with injuries she received while working at Amazon and that her termination comes shortly after reaching three years of service with the company.
Some ‘Diablo IV’ players report invalid license error message after early access launch
June 2, 2023 GMTWASHINGTON (AP) — Early access for “Diablo IV” began Thursday night — but the rollout of the highly anticipated action role-playing video game didn't come without speedbumps, notably for PlayStation users.
BERLIN (AP) — Prominent members of German mainstream parties have expressed alarm at a new poll that shows support for the far-right Alternative for Germany at a record high.
The DeutschlandTrend survey, conducted monthly by infratest dimap for public broadcaster ARD, that was released on Thursday puts voter support for Alternative for Germany at 18%, on a par with Chancellor Olaf Scholz's Social Democrats.
LONDON (AP) — Critics accuse the British administration of running “government by WhatsApp” because of the popularity of the messaging app with politicians and officials.
So it feels inevitable that a tussle over WhatsApp messages is at the heart of Britain’s official inquiry into how the country handled the COVID-19 pandemic.
In Norway, Indigenous Sami protest outside prime minister’s office against wind farm
June 2, 2023 GMTCOPENHAGEN, Denmark (AP) — Dozen of activists, including Indigenous Sami, protested Friday outside the office of Norwegian Prime Minister Jonas Gahr Støre, vowing to block entry to remind Norway's government that they want a wind farm removed because they say it endangers the reindeer herders’ way of life.
WASHINGTON (AP) — It was advice that Mitch McConnell had offered to Joe Biden once already: To resolve the debt limit standoff, he needed to strike a deal with House Speaker Kevin McCarthy — and McCarthy alone.
Ford urges owners of some Lincoln SUVs to park outdoors because they can catch fire with engines off
June 2, 2023 GMTDETROIT (AP) — Ford is telling owners of more than 140,000 SUVs in the U.S. to park them outside because they can catch fire even when the engines are turned off.
The company is recalling certain Lincoln MKC SUVs from the 2015 to 2019 model years.