Business

NEW YORK (AP) — Tiger Woods may not have won the Masters golf tournament, but his stirring return from injury was certainly a win for the TV networks that followed him. CBS coverage of Sunday’s final round of the venerable tournament averaged 10.17 million viewers, the highest for any golf show since that day in … Read more

MENLO, Iowa (AP) — With inflation at a 40-year high, President Joe Biden took a modest step into corn-rich Iowa on Tuesday to cut gas prices by about a cent per gallon at a limited number of stations lower Rules to limit the blending of ethanol. His announcement reflects Biden’s way of using almost every … Read more

WASHINGTON (AP) — Western law enforcement agencies have dismantled an online marketplace that bought and sold hacked and stolen personal information from millions of people and charged the platform’s founder and chief administrator, officials said Tuesday. Authorities say the RaidForums website was trafficked with hundreds of databases of sensitive data, including credit card and social … Read more

BEIJING (AP) — Some Shanghai residents were allowed out of their homes on Tuesday as the city of 25 million eased a two-week shutdown on Tuesday after videos posted online showed people allegedly running out of food broke into a supermarket and cries for help. The number of people who were let out was not … Read more

TOKYO (AP) — Honda will invest 5 trillion yen ($40 billion) in research over the next decade, particularly to realize a large-scale shift to green electric vehicles, the Japanese automaker said Tuesday. Products and services at the plants will account for more than half of the 8 trillion yen ($64 billion) research and development budget … Read more

PORTLAND, Ore. (AP) — Farms that depend on irrigation from a depleted, state-managed lake on the California-Oregon border and a Native American tribe fighting to protect fragile salmon will both receive extremely limited amounts of water this summer, a historic one Drought and record-low reservoir levels drag on across the western United States. More than … Read more

WARSAW (AP) – A disputed compound in Poland’s capital Warsaw, managed by the Russian diplomatic mission, will be taken over by the city and made available to the Ukrainian community, the mayor said on Monday. Mayor Rafal Trzaskowski was on site early Monday and said a bailiff entered the two apparently empty fenced-off buildings, dubbed … Read more

LONDON (AP) – The World Bank says Ukraine’s economy will shrink by 45.1% this year because Russia’s invasion has shut down half of the country’s businesses, choked off imports and exports and damaged a vast amount of critical infrastructure. Meanwhile, unprecedented financial and export sanctions imposed by Western allies in response to the war are … Read more

SAN FRANCISCO (AP) – Tesla CEO Elon Musk will not join Twitter’s board of directors as previously announced. The stormy billionaire remains Twitter’s largest shareholder. Twitter CEO Parag Agrawal tweeted the news, which followed a weekend of Musk tweets suggesting possible changes to Twitter, including making the site ad-free. Almost 90% of Twitter’s 2021 revenue … Read more