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  • Cargo ship had engine maintenance in port before it collided with Baltimore bridge, officials say

    BALTIMORE (AP) — The cargo ship that lost power and crashed into a bridge in Baltimore underwent “routine engine maintenance” in port beforehand, the U.S. Coast Guard said Wednesday, as divers recovered the bodies of two of six workers who plunged into the water when it collapsed. The others were presumed dead, and officials said search efforts had been exhausted.
  • Hurricane Otis survivors search for friends and necessities in devastated Acapulco

    ACAPULCO, Mexico (AP) — Survivors of a Category 5 storm that killed at least 27 people as it devastated Mexico’s resort city of Acapulco spent Thursday searching for acquaintances and necessities and hoping that aid would come quickly in the wake of Hurricane Otis.
  • Ford says it's at the limit on how much it can spend to get new contract with striking autoworkers

    DETROIT (AP) — A top Ford executive says the company has reached the limit of how much money it will spend to get a contract agreement with the striking United Auto Workers union.
  • Stock market today: Wall Street rises to reverse some of last week’s losses

    NEW YORK (AP) — U.S. stocks closed higher, recovering roughly half of Wall Street’s losses from last week. The S&P 500 rose 0.7% Monday. The Dow Jones Industrial Average added 87 points, and the Nasdaq composite climbed 1.1%. Treasury yields held relatively steady after a swift rise earlier hurt stock prices. Where yields head next will likely depend on several big U.S. economic reports due this upcoming week on inflation and retail sales.
  • Manufacturing sales up slightly in April on strength in auto parts sales

    OTTAWA - Statistics Canada says manufacturing sales rose 0.3 per cent to $72.3 billion in April, helped by higher sales of auto parts and petroleum and coal products.
  • Russia to cut gas through Nord Stream 1 to 20% of capacity

    BERLIN (AP) — Russian energy giant Gazprom said Monday that it would further reduce natural gas flows through a major pipeline to Europe to 20% of capacity, citing equipment repairs. The move ramps up fears that Russia may cut off gas as political leverage over the war in Ukraine just as Europe tries to shore up storage for winter.
  • US recovery from pandemic recession is showing momentum

    WASHINGTON - Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year on the heels of the coronavirus and cost tens of millions of Americans their jobs and businesses.
  • Autoworkers face uncertain future in an era of electric cars

    TOLEDO, Ohio - When General Motors boldly announced its goal last month to make only battery-powered vehicles by 2035, it didn't just mark a break with more than a century of making internal combustion engines. It also clouded the future for 50,000 GM workers whose skills — and jobs — could become obsolete far sooner than they knew.
  • Update on the latest business

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  • Crew capsule rockets toward space station with test dummy

    CAPE CANAVERAL, Fla. - America's newest capsule for astronauts rocketed Saturday toward the International Space Station on a high-stakes test flight by SpaceX.

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