Business

NEW YORK (AP) — The theft of sensitive information belonging to millions of AT&T's current and former customers has been recently discovered online, the telecommunications giant said this weekend. In an announcement addressing the data breach, AT&T said that a dataset found on the “dark web” contains information including some Social Security numbers and passcodes for about 7.6 million current account holders and 65.4 million former account holders.

NEW YORK (AP) — Kia is recalling more than 427,000 Telluride SUVs due to a defect that may cause the cars to roll away while they're parked. According to documents published by the National Highway Traffic Safety Administration, the intermediate shaft and right front driveshaft of certain 2020-2024 Tellurides may not be fully engaged

FORT WORTH, Texas (AP) — American Airlines is relaxing part of its pet policy to let owners bring their companion and a full-size carry-on bag into the cabin. Until last week, people who carried a pet into the cabin — which involves paying a $150 fee — could only have one other small item that fit under the seat.

DETROIT (AP) — U.S. auto safety regulators are investigating complaints that more than 540,000 Ford pickup trucks can abruptly downshift to a lower gear and increase the risk of a crash. The National Highway Traffic Safety Administration says in documents posted on its website that it opened the investigation this week after receiving 86 consumer complaints about the problem with the trucks' automatic transmissions.

ACCRA, Ghana (AP) — Shoppers may get a bitter surprise in their Easter baskets this year, as chocolate eggs and bunnies are more expensive than ever. About three-quarters of the world’s cocoa — the main ingredient in chocolate — are produced on cacao trees in Ghana, Ivory Coast, Nigeria and Cameroon. But dusty seasonal winds from the Sahara were severe in recent months, blocking out the sunlight needed for bean pods to grow. The season prior, heavy rainfall spread a rotting disease.

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. It is Home Depot's largest acquisition in its history and with it, it steps more aggressively into the fast growing professional builder and contactor business.

Manufacturers and shippers are scrambling to figure out where they can load or unload cargo while the main operations of the Port of Baltimore remain shut down due to Tuesday's deadly collapse of the Francis Scott Key Bridge. Supply chain experts say other ports up and down the East Coast, including some in Georgia, are likely to absorb much of Baltimore's traffic, avoiding a crisis. But not without some longer shipping times and upheaval.

NEW YORK (AP) — Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees, a development that could potentially save consumers tens of billions of dollars. Swipe fees are paid to Visa, Mastercard and other credit card companies in exchange for enabling transactions. Merchants ultimately pass on those fees to consumers who use credit or debit cards.

Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scrambled by disease, high demand and growing costs for farmers. It’s the second year in a row consumers have faced sticker shock ahead of Easter and Passover, both occasions in which eggs play prominent roles.

LONDON (AP) — European Union regulators opened investigations into Apple, Google and Meta on Monday, the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets. The European Commission, the 27-nation bloc's executive arm, said it was investigating the companies for “non-compliance” with the Digital Markets Act.

The top executive at embattled plane maker Boeing will step down this year amid a broader shakeup of the company’s top leadership, capping a tumultuous five plus years that has shaken faith in one of America’s most storied manufacturers. The company has come under intense scrutiny over its manufacturing process since a pair of its marquee aircraft crashed, killing hundreds of people in late 2018 and 2019 in Indonesia and Ethiopia.

The fast-food chain Chick-Fil-A backtracked from its decade-old “no antibiotics ever” pledge intended to help prevent human antibiotic resistance linked to the rampant use of the drugs in livestock production.

WASHINGTON (AP) — The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high.

WASHINGTON (AP) — Federal officials said Thursday they will review how airlines protect personal information about their passengers and whether they are making money by sharing that information with other parties. The U.S. Department of Transportation said its review will focus on the 10 biggest U.S. airlines and cover their collection, handling and use of information about customers.

WASHINGTON (AP) — The Biden administration announced new automobile emissions standards Wednesday that officials called the most ambitious plan ever to cut emissions from passenger vehicles. The new rules relax initial tailpipe limits proposed last year but eventually get close to the same strict standards set out by the Environmental Protection Agency.

PARIS (AP) — France’s competition watchdog hit Google on Wednesday with another big fine tied to a long-running dispute over payments to French publishers for their news.

DUBAI, United Arab Emirates (AP) — A Dubai sovereign wealth fund that's the single-largest shareholder in the Nasdaq stock index plans to sell a third of its shares in the exchange, a deal potentially worth some $1.6 billion that saw the value of the firm fall in aftermarket trading Wednesday.

JetBlue Airways will end service at several cities and reduce flying out of Los Angeles in a move to retrench and focus on stronger markets after years of losing money. The changes will also help the airline cope with the grounding of some of its planes for inspections of their Pratt & Whitney engines, an executive told employees Tuesday.

WASHINGTON (AP) — The Biden administration this week is expected to announce new automobile emissions standards that relax proposed limits for three years but eventually reach the same strict standards proposed by the Environmental Protection Agency. The changes come as sales of zero-tailpipe emissions electric vehicles, needed to meet the standards, have begun to slow. 

NEW YORK (AP) — The average Wall Street bonus fell slightly last year to $176,500 as the industry added employees and took a “more cautious approach” to compensation, New York state’s comptroller reported Tuesday. The average bonus for employees in New York City’s securities industry was down 2% from $180,000 in 2022.

WASHINGTON (AP) — The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that kills tens of thousands of Americans every year but is still used in some chlorine bleach, brake pads and other products. The final rule marks a major expansion of EPA regulation under a landmark 2016 law that overhauled regulations governing tens of thousands of toxic chemicals in everyday products, from household cleaners to clothing and furniture.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell and his fellow Fed officials are expected to play it safe when they meet his week, keeping their rate unchanged for a fifth straight time and signaling that they still need further evidence that inflation is returning sustainably to their 2% target.

A post-flight inspection revealed a missing panel on an older Boeing 737-800 that had just arrived at its destination in southern Oregon on Friday after flying from San Francisco, officials said, the latest in a series of recent incidents involving aircraft manufactured by the company.

WASHINGTON (AP) — Lori Shelton can't fathom ever having the money to buy a home — and that's a major reason why so many voters feel down on the economy ahead of this year's presidential election. Shelton, 67, drives an Uber to help pay rent in Aurora, Colorado. An advance on her pay covered her apartment's security deposit. But it also cut into her next paycheck, leaving her bank account dangerously low when the rent was due — a cycle that never seems to end.

LONDON (AP) — McDonald's apologized Friday for a global technology outage that shuttered some restaurants for hours. The company said the outage was caused by a third-party technology provider and was not a cybersecurity issue. It started around 12 a.m. CDT during a configuration change and was close to being resolved about 12 hours later, the Chicago-based company said.

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