Business

Brazil reports drop in deforestation rates, pushing back on US tariff accusations

SAO PAULO (AP) — Brazilian officials on Thursday announced a sharp drop in deforestation rates, pushing back on one of the arguments that the Trump administration used last week to justify additional tariffs on the South American country. In May, Amazon deforestation was 61.4% lower than in ...

More swings for AI stocks drag Wall Street back on the roller coaster

NEW YORK (AP) — Another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling on Tuesday. The S&P 500 fell 0.3% after careening between an initial gain of 1% and a midday loss of 2.3%, pulling further from its all-time high set a week ago. After similar ...

Jamaica scrambles to restore power after rare islandwide blackout

PORT OF SPAIN, Trinidad (AP) — Jamaica's national electricity provider said it was racing to restore service early Saturday, after an outage left the entire island without power overnight. The sole energy supplier in the country, Jamaica Public Service Company, confirmed the outage that ...

Fuel prices reshape summer plans as boaters get ready to hit the water

DEXTER TOWNSHIP, Mich. (AP) — On the kind of warm, bright afternoon that Michigan boaters wait all year for, Malik Amine and his brother readied their family's pontoon boat for the summer. The cover was off and Portage Lake sparkled in the sun. But before the brothers could leave a narrow ...