AP National Business

By HALELUYA HADERO AP Business Writer A coalition of philanthropies announced plans Tuesday to launch a nonprofit newsroom that will provide coverage of Cleveland, kicking off an effort to help fill a void left by the shrinking of news organizations in Ohio. The donors say theirs will be one of the largest local nonprofit news

By TOM KRISHER AP Auto Writer DETROIT (AP) — The U.S. government’s road safety agency has paid more than $24 million to a whistleblower who reported that Hyundai and Kia moved too slowly to recall over 1 million vehicles with engine problems. The National Highway Traffic Safety Administration says the award is the first it

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said inequality can prevent the U.S. economy from reaching its potential. He underscored the Fed’s commitment to reducing unemployment as broadly as possible, including among disadvantaged groups. Powell’s comments illustrate one reason why the Fed has been hesitant to reverse its

By LEANNE ITALIE AP Entertainment Writer NEW YORK (AP) — A lot of that human-pet bonding during the pandemic is slowly coming to an end as more offices reopen. So what’s a lonely dog to do? Turns out, a lot. And we don’t mean a slow all-day whine, a messy rug delivery or mass furniture

By MATTHEW BROWN and GILLIAN FLACCUS Associated Press PORTLAND, Ore. (AP) — U.S. wildlife officials say political appointees in President Donald Trump’s administration relied on faulty science to justify stripping habitat protections for the imperiled northern spotted owl. The U.S. Fish and Wildlife Service on Tuesday struck down a Trump-era rule that would have opened

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Inflation at the wholesale level rose 8.6% last month from a year earlier, matching September’s record annual gain and offering more evidence that inflationary pressures are not yet easing. The Labor Department reported Tuesday that its producer price index — which measures inflation before it hits

By LEANNE ITALIE AP Entertainment Writer NEW YORK (AP) — In this world, there’s a book for everybody. Take advantage of that sentiment during the holiday shopping season. Book sales have thrived during the pandemic. Some new nonfiction might hit your holiday gifting sweet spot. A few examples: Costume designer and dress historian Camille Benda

By SYLVIA HUI Associated Press LONDON (AP) — A British newspaper publisher has begun its court appeal against a judge’s ruling that it invaded the privacy of the Duchess of Sussex by publishing parts of a letter she wrote to her estranged father, arguing that she knew the letter would potentially be published. Publisher Associated

By LEANNE ITALIE AP Entertainment Writer NEW YORK (AP) — TikTok was a hit for millions during quarantine times. And the hashtag TikTokMadeMeBuyIt endures. Look no further than its pandemic-enlarged ranks for unique holiday gifts. There’s something for everybody down that yellow brick road for shoppers. There’s the hot Halara athleisure dress and a miracle

BERLIN (AP) — German pharmaceutical company BioNTech says its earnings grew again in the third quarter. The company partnered with Pfizer to develop the first widely used COVID-19 vaccine. It reported Tuesday a net profit of over 3.2 billion euros for the July-September period. That compares with a loss a year earlier of 210 million

By JENNIFER PELTZ Associated Press NEW YORK (AP) — Big cannabis companies are backing a new, celebrity-infused campaign to enlist marijuana users to pressure Congress to legalize pot nationwide. The initiative launched Tuesday is spearheaded by the industry’s U.S. Cannabis Council and HeadCount, a voter registration group. Actor-comedians Seth Rogen and Sarah Silverman are among

DUBAI, United Arab Emirates (AP) — The chairman of Dubai-based real estate developer Union Properties has been dismissed from his position on the company’s board along with three other board members. The announcement Tuesday on Dubai’s stock exchange website leaves in place just three of the company’s seven board members. The decision follows an order

By MICHELLE CHAPMAN AP Business Writer General Electric will divide itself into three public companies focused on aviation, health care and energy. The storied American manufacturer struggled under its own weight after growing to become a sprawling conglomerate. The breakup is the culmination of an arduous, yearslong reshaping of a symbol of American manufacturing might

By KELSEY SHEEHY of NerdWallet Highly targeted advertising on social media sites like Instagram and Facebook makes it easier than ever for brands to get in front of their target market. But these ads also make it easier for shady brands to dupe shoppers. Before you buy, take some time to vet the company. Search

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese electronics maker Sony and TSMC of Taiwan say they are jointly building a computer chip plant in Japan with an initial investment of $7 billion. The plant in Kumamoto, southwestern Japan, will be the first foundry in Japan for TSMC, one of the world’s leading

By RAF CASERT and KELVIN CHAN Associated Press BRUSSELS (AP) — Facebook whistleblower Frances Haugen is warning that the virtual reality world at the heart of the social media giant’s growth strategy will be addictive and rob people of personal information while giving the company another monopoly online. In an interview Tuesday with The Associated

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Nissan has reported a $479 million profit for the last quarter, a reversal from the loss it racked up a year earlier. The improvement came despite shortages of computer chips that are plaguing the auto industry. Chief Operating Officer Ashwani Gupta said Tuesday that Nissan’s performance

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — The bulldozers have come for one of the last bastions of “old” Dubai, an eclectic collection of homes built in the late 1970s for European port workers when the exuberance of today’s Dubai was unthinkable. Jebel Ali Village, the neighborhood near Dubai’s major port,

By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — The U.N. humanitarian chief  is urging Myanmar’s military leaders to provide unimpeded access to the more than 3 million people in need of “life-saving” humanitarian assistance since government forces seized power on Feb. 1. He says it’s needed “because of growing conflict and insecurity, COVID-19

By DAVID R. MARTIN Associated Press NEW YORK (AP) — An attraction opening Tuesday gives thrill-seekers a unique perspective on New York City from almost 1,300 feet up. It’s called City Climb. Participants are equipped with specially designed safety harnesses that let them ascend to a platform near the top of a Manhattan skyscraper. There,

By ELAINE KURTENBACH AP Business Writer Asian shares have tracked Wall Street’s retreat, with Chinese benchmarks leading the decline after the government reported a surge in inflation in October. On Wall Street, stocks ended moderately lower on Tuesday, ending an eight-day winning streak for the market that had been fueled by strong company earnings and

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — U.S. President Joe Biden and his Chinese counterpart Xi Jinping will have a rare virtual encounter this week as they gather online with other Pacific Rim leaders to chart a path to recovery out of the crisis brought on by the pandemic. New Zealand is

By HOPE YEN and TOM KRISHER Associated Press WASHINGTON (AP) — Congress has created a new requirement for automakers: Find a high-tech way to keep drunken people from driving cars. It’s one of the mandates along with a burst of new spending aimed at improving auto safety in the $1 trillion infrastructure package that President

DUBAI, United Arab Emirates (AP) — Iran’s judicial authorities have reportedly banned a newspaper for publishing a front-page graphic that appeared to show Supreme Leader Ayatollah Ali Khamenei’s hand drawing the poverty line. The semiofficial Mehr news agency said Iran’s media supervisory body shut down the daily newspaper Kelid on Monday, after it published a

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australian Prime Minister Scott Morrison has announced plans to encourage people to buy electric vehicles but won’t be subsidizing the purchases. Morrison says the price of the technology will reduce in time. Instead, his conservative government will partner with private enterprise to accelerate the rollout of

GLASGOW, Scotland (AP) — Unlike some of her European colleagues, Leonore Gewessler arrived at the U.N. climate conference with a clean conscience. Her 27-hour train journey spared Austria’s environment minister the criticism many VIPs faced for taking planes to a conference on cutting greenhouse gas emissions. The Green Party politician has pushed to revive Europe’s

By GENE JOHNSON Associated Press SEATTLE (AP) — A metallurgist in Washington state has pleaded guilty to fraud after she spent decades faking the results of strength tests on steel that was being used to make U.S. Navy submarines. Elaine Marie Thomas was the director of metallurgy at a foundry in Tacoma. The foundry supplied

By GLENN GAMBOA AP Business Writer In the hours following the pandemonium at the Astroworld Festival that left eight people dead and dozens injured, the requests for donations started multiplying on social media. Some immediately seemed genuine. Others were immediately suspect. Crowdfunding is an increasingly popular method of getting financial help directly to people who

LOS ANGELES (AP) — Rapper and fashion mogul Ye’s high-end clothing company Yeezy has agreed to pay $950,000 to settle a lawsuit over slow shipping to customers. The district attorneys of four California counties brought the suit last month. They said Yeezy had violated state law by failing to send online orders within 30 days.

Associated Press NEW YORK (AP) — Popular investing app Robinhood said Monday that it suffered a security breach last week where hackers accessed some personal information for roughly 7 million users and demanded a ransom payment. The online trading platform said that it believes no Social Security numbers, bank account numbers or debit-card numbers were

By KEN SWEET AP Business Writer NEW YORK (AP) — The Federal Reserve says that the risks to the U.S. financial system have eased significantly compared to a year earlier. The central bank noted Monday that as the economy recovers from the pandemic-driven recession, the balance sheets of individual Americans and businesses continue to strengthen.

The Associated Press Stocks notched some modest gains on Wall Street Monday, enough to mark more record highs for major U.S. indexes. The S&P 500 edged up for its eighth straight gain, matching its longest winning streak since April 2019, however most of the gains during that stretch have been modest. Stocks of construction-related companies

By JULIE CARR SMYTH Associated Press COLUMBUS, Ohio (AP) — Consumer advocates are asking the Public Utilities Commission of Ohio to reopen one of its audits of Akron-based FirstEnergy Corp. after discovering evidence that the first review didn’t look at whether money the company has admitted funneling into a $60 million bribery scheme came from

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Another major railroad has gone to court to determine whether it has the authority to require all its employees to get vaccinated against the coronavirus. BNSF railroad filed a lawsuit Sunday against its major unions over its mandate. It joins Norfolk Southern and Union Pacific,

By JEFF AMY Associated Press ATLANTA (AP) — Gun maker Remington Firearms will move its headquarters from upstate New York to Georgia, with plans to open a factory and research operation there. The company announced Monday that it would invest $100 million in the operation in LaGrange, Georgia, southwest of Atlanta, hiring 856 people over

By ELLEN KNICKMEYER, ANIRUDDHA GHOSAL and SETH BORENSTEIN Associated Press GLASGOW, Scotland (AP) — Barack Obama is expressing confidence that the Biden administration will ultimately get its $555 billion climate package through Congress and says that bill will be “historic.” At the U.N. climate talks Monday, he also faulted China and Russia for what he

BEIJING (AP) — Wang Yaping has become the first Chinese woman to conduct a spacewalk as part of a six-month mission to the country’s space station. Fellow astronaut Zhai Zhigang left the station’s main module on Sunday evening and Wang followed sometime later. They installed equipment and carried out tests alongside the station’s robotic service

CATHY BUSSEWITZ AP Business Writer NEW YORK (AP) — Leading scientific agencies say even if the world manages to stop producing harmful emissions, that won’t be enough to stop a climate catastrophe. They say we need to suck massive amounts of carbon dioxide out of the air and put it back underground. Just a few

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Randal Quarles announced Monday that he will resign from the Federal Reserve’s Board of Governors at the end of the year after completing a four-year term as the central bank’s top bank regulator, opening up another vacancy on the Fed’s influential board for President Joe Biden

By KELVIN CHAN AP Business Writer LONDON (AP) — European lawmakers have pioneered efforts to rein in big technology companies and are working to strengthen those rules, putting them ahead of the United States and other parts of world. While Europe shares values with the U.S., none of the big tech companies that dominate online

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell expressed concern that the pandemic recession has had an unusually harmful economic effect on women, who have been forced to shoulder additional responsibilities for childcare, forcing many of them to leave work. The departure of so many mothers from the workforce

By DYLAN LOVAN Associated Press LOUISVILLE, Ky. (AP) — A criminal fraud trial in Kentucky aims to determine whether four officials of the now-bankrupt Armstrong Coal company skirted federal rules meant to reduce deadly coal dust in underground mines. The trial started with opening statements on Monday. Federal prosecutors say the former officials ordered workers

By ERIC TUCKER and ALAN SUDERMAN Associated Press WASHINGTON (AP) — A suspected Ukrainian hacker has been arrested and charged in the United States in connection with a string of costly ransomware attacks, including one that snarled businesses around the globe on the Fourth of July weekend. Yaroslav Vasinskyi was arrested last month after traveling

By DARIA LITVINOVA Associated Press MOSCOW (AP) — Russians have gone back to work after a nine-day break that was ordered by authorities to tame a record-breaking surge of coronavirus infections and deaths. Still, daily numbers of new cases and deaths have remained high throughout the non-working period. Officials in the Kremlin said on Monday

By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — Tesla shares closed Monday down nearly 5% after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations — based on the results of a poll he conducted on

By LIZ WESTON of NerdWallet Some people can’t wait to retire. Others are pushed into retirement due to illness, job loss or other factors beyond their control. And still others aren’t quite ready to leave the workforce behind. If you’re trying to make up your mind about when’s the right time to retire, experts say

By ELLIOT SPAGAT and CAROLYN THOMPSON Associated Press SAN DIEGO (AP) — Parents held children born while they were stuck abroad. Long-separated couples kissed, and grandparents embraced grandchildren who had doubled in age. The happy reunions played out Monday as the U.S. fully reopened to many vaccinated international travelers. The easing of pandemic restrictions allowed

LONDON (AP) — A bus has been hijacked and set on fire in Northern Ireland, amid discontent over the trade deal struck as part of the U.K.’s departure from the European Union.  Four masked men boarded the double decker bus on Sunday on the outskirts of Belfast. The group ordered the driver and passengers off

By FRANK BAJAK and JOSEPH KRAUSS Associated Press JERUSALEM (AP) — Security researchers say spyware from the notorious Israeli hacker-for-hire company NSO Group was detected on the cellphones of six Palestinian human rights activists. Half are affiliated with groups that Israel’s defense minister controversially claimed last month were involved in terrorism. Monday’s revelation marks the

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — SoftBank Group says it sank into red ink for the July-September period, hit by losses on its investments in China. The Japanese technology conglomerate is reporting a $3.5 billion loss for the fiscal second quarter. Its investment portfolio Vision Fund suffered losses, including the value of

The Associated Press The Labor Department delivers its October barometer of U.S. wholesale prices Tuesday. Electric vehicle startup Rivian Automotive makes its stock market debut Wednesday. The Labor Department issues its monthly snapshot of U.S. job openings Friday.

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are mixed after Wall Street rose to a record for an eighth day. Tokyo and Sydney advanced while Shanghai, Hong Kong and Seoul declined. Wall Street’s benchmark S&P 500 index added 0.1%, boosted by gains for construction-related stocks after Congress approved a $1

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — The lockdown of New Zealand’s largest city is likely to end later this month, with some coronavirus restrictions being eased Tuesday. Auckland has been in lockdown for almost three months after an outbreak of the delta variant. The outbreak has grown to more than 4,500

By CHRISTOPHER WEBER and STEFANIE DAZIO Associated Press LOS ANGELES (AP) — A new mandate in the city of Los Angeles now requires people visiting shopping malls, theaters, gyms or nail salons in Los Angeles to verify they are vaccinated against COVID-19. The requirement took effect Monday and mandates proof of shots for everyone entering

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are mostly lower after Wall Street hit a new high and China reported a double-digit rise in exports. Tokyo, Hong Kong and Sydney declined while Shanghai advanced. Wall Street’s benchmark S&P 500 index rose 0.4% on Friday to a new record for a

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline jumped by 5 cents over the past two weeks, to $3.49 per gallon. The price at the pump is $1.30 higher than a year ago. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the rise comes as the cost of crude oil

By CHRISTOPHER WEBER and STEFANIE DAZIO Associated Press LOS ANGELES (AP) — Starting Monday, anyone going to a shopping mall, theater, gym or nail salon in Los Angeles must verify they are vaccinated. The mandate, among the strictest in the country, requires proof of shots for everyone entering a wide variety of businesses. Mayor Eric

By MATT O’BRIEN and BARBARA ORTUTAY AP Technology Writers Mark Zuckerberg promises that the virtual-reality “metaverse” he’s planning to build will “let you do almost anything.” That might not be such a great idea. On the plus side, as Zuckerberg said in a late October presentation, the metaverse could let you attend virtual concerts with

By TALI ARBEL Associated Press More than a year and a half after the U.S. to closed its borders to international travelers, restrictions are shifting to focus on COVID-19 vaccine status. Beginning Monday, bans on travel from countries including Brazil, China, India, South Africa, the United Kingdom and much of Europe are over. The U.S.

By SETH BORENSTEIN AP Science Writer Glasgow, Scotland (AP) — The overarching phrase that dominates Glasgow climate talks is simply a number: 1.5. That’s the chief but elusive goal of negotiations. It’s keeping warming to 1.5 degrees Celsius since pre-industrial times. It’s not easy. Scientists say it’s technically possible but politically unlikely. It’s also a

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — The United States is about to reopen to fully vaccinated foreign travelers. And citizens of other countries who received shots widely used in other parts of the world are scrambling to get reinoculated with U.S.-approved jabs. The U.S. will implement a new air travel policy Monday

By ELLEN KNICKMEYER Associated Press GLASGOW, Scotland (AP) — John Kerry is everywhere and on the move at a fateful U.N. climate summit. Kerry is President Joe Biden’s climate envoy and he steams from talks with Chinese officials to news conferences to photos with Indigenous women from the threatened Amazon. Kerry served as secretary of

BEIJING (AP) — China’s exports remained strong in October, a positive sign for an economy trying to weather power shortages and COVID-19 outbreaks. The country’s customs agency said Sunday that exports totaled $300.2 billion, up 27.1% from a year ago. That was down from a 28.1% increase in September but still healthy. Imports came in

WINDOW ROCK, Ariz. (AP) — The leader of the largest Native American reservation in the U.S. signed legislation Saturday to ban smoking in many indoor locations, including the tribe’s casinos. Navajo Nation President Jonathan Nez calls the ban “a monumental achievement and bold step in the right direction to promote healthy living” among the Navajo

Associated Press NEW YORK (AP) — Tesla CEO Elon Musk is asking on Twitter whether he should sell 10% of his stock in the electric-vehicle company amid pressure in Washington to increase taxes on billionaires like him. Some Democrats have been pushing for billionaires to pay taxes when the price of the stocks they hold

GREEN BAY, Wis. (AP) — A Wisconsin health care company has ended a nine-year partnership with Green Bay Packers quarterback Aaron Rodgers. A statement posted on Twitter by Prevea Health said the company and Rodgers mutually agreed to end their partnership. The move comes a day after Rodgers told “The Pat McAfee Show” he had

By STAN CHOE AP Business Writer NEW YORK (AP) — The crowd deaths at a Houston music festival have added to the long list of people who have been crushed at a major event. Such tragedies have been occurring around the world for a long time at concerts, sports events and religious gatherings. Experts who

NEW ORLEANS (AP) — A federal appeals court has temporarily halted the Biden administration’s vaccine requirement for businesses with 100 or more workers. The 5th U.S. Circuit Court of Appeals on Saturday granted an emergency stay of the requirement by the federal Occupational Safety and Health Administration that those workers be vaccinated by Jan. 4,

By FRANK JORDANS Associated Press GLASGOW, Scotland (AP) — As this year’s U.N. climate talks go into their second week, negotiations on key topics are inching forward. Officials are upbeat about the prospects for tangible progress in the fight against global warming. But it remains to be seen whether officials can agree on a series

By CLARENCE ROY-MACAULAY and KRISTA LARSON Associated Press FREETOWN, Sierra Leone (AP) — Authorities say at least 98 people are dead and 30 others critically wounded after an oil tanker truck exploded near Sierra Leone’s capital. Large crowds had gathered to collect fuel that was leaking from the tanker after a collision with another vehicle.

By ELLEN KNICKMEYER, SETH BORENSTEIN and FRANK JORDANS Associated Press GLASGOW, Scotland (AP) — Tens of thousands of climate activists are marching through Glasgow, Scotland, for a second day of protests outside the U.N. climate summit.  Climate protests were also held Saturday in other cities across Europe, including London, Amsterdam, Paris, Dublin, Copenhagen, Zurich and

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s company reported a third-quarter profit that was roughly one-third the amount of last year’s profit because of much smaller paper gains on the value of its investments, but most of its businesses were continuing to recover from the effects of the pandemic. Buffett

By JOSH BOAK Associated Press WASHINGTON (AP) — The U.S. economy was supposed to help President Joe Biden and Democrats, but as of late it’s been hurting them with voters. Americans have turned pessimistic about the economy as inflation has persisted. On Tuesday, voters in Virginia rewarded Republican Glenn Youngkin with a win in the

By ROBERT JABLON Associated Press DIAMOND BAR, Calif. (AP) — Southern California air regulators have approved new restrictions on area oil refineries that could remove tons of smog-forming pollutants from the air. The board of the South Coast Air Quality Management District adopted rule changes Friday requiring emissions limits on oxides of nitrogen. Those are

NEW YORK (AP) — Current and former Boeing directors have settled a shareholder lawsuit that accuses the directors of poor oversight before two of the company’s jets crashed, killing 346 people. The settlement in the shareholder lawsuit was filed Friday in a Delaware court. Insurers for the directors will pay more than $230 million. The

By GENE JOHNSON Associated Press SEATTLE (AP) — The company that runs a for-profit immigration jail in Washington state has suspended its detainee work program, rather than pay the detainees minimum wage for cooking, cleaning and other tasks. A federal jury last week ruled that the GEO Group must pay the detainees minimum wage instead

PORT-AU-PRINCE, Haiti (AP) — Haiti’s fuel crisis is deepening, with the country’s Professional Association of Banks announcing that a shortage of petroleum is forcing institutions to cut their hours and days as dozens of gas stations across the capital remain closed. The association said Friday that starting next week, banks will operate only three days

The Associated Press U.S. stocks pushed further into record heights on Friday following an encouraging report on hiring across the country. The S&P 500 closed higher, clinching an all-time high for the seventh straight day. The Dow Jones Industrial Average and the Nasdaq also rose.

Stocks that traded heavily or had substantial price changes Friday: Expedia, Pfizer rise; Peloton, Emergent BioSolutions fall.

By JOSH BOAK Associated Press WASHINGTON (AP) — The U.S. economy was supposed to help President Joe Biden and Democrats, but as of late it’s been hurting them with voters. Americans have turned pessimistic about the economy as inflation has persisted. On Tuesday, voters in Virginia rewarded Republican Glenn Youngkin with a win in the

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

BROOKLINE, Mass. (AP) — Aaron Feuerstein has died at age 95 after a life in which he gained fame for continuing to pay workers at his Massachusetts textile mill even after a fire shuttered operations. Feuerstein died Thursday night of complications from a fall days before at his home in Brookline. He used to own

By DAN PARKS of The Chronicle of Philanthropy Chronicle of Philanthropy Angela Williams has taken the helm of the nation’s largest charity with a powerhouse resume behind her — and a long list of challenges in front of her. As the first woman and the first African American to lead United Way Worldwide, she must

ATLANTA (AP) — The son of R&B legend Gladys Knight has been sentenced to serve two years in prison for failing to withhold payroll taxes for the restaurants that bore his mother’s name. Shanga Hankerson opened his first restaurant, Gladys Knight’s Chicken and Waffles, in Atlanta in 1997. Over the next several years, he opened

By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — Peloton has suffering its worst day as a publicly traded company. The sell-off came after the exercise bike and treadmill company told investors that it will likely lose more money than it had expected in fiscal 2022. Peloton thrived during the pandemic, recording its

LISBON, Portugal (AP) — Portugal’s parliament has approved new labor laws on working from home. The regulations introduce additional protection for employees who do their job away from company premises. The new rules are a response to the trend of more staff working from home during the COVID-19 pandemic. The Socialist government says it sees

KYIV, Ukraine (AP) — Ukraine has filed charges of espionage and attempted state overthrow against five people who were allegedly part of a hackers group controlled by Russia. The Security Service of Ukraine said Friday that the hackers group known as “Armagedon” was responsible for some 5,000 cyberattacks on Ukrainian state agencies since 2014. The

By RAF CASERT Associated Press BRUSSELS (AP) — The United Kingdom has rejected European Union proposals to streamline the trade of goods in Northern Ireland as insufficient. The situation further aggravates a standoff between both sides and brings the prospect of a post-Brexit trade war closer. The U.K. government said after unsuccessful talks between its

By DAVID A. LIEB, GEOFF MULVIHILL and ANDREW DeMILLO Associated Press JEFFERSON CITY, Mo. (AP) — The attorneys general of 27 states have filed federal lawsuits challenging a vaccine mandate for employers issued by the Biden administration. They generally contend that the authority to compel vaccinations rests with the states, not the federal government. The

By NINIEK KARMINI Associated Press JAKARTA, Indonesia (AP) — Indonesian authorities have seized four plots of land owned by the youngest son of former dictator Suharto as part of efforts to recover money owed the government since the 1997-1998 Asian financial crisis. The Finance Ministry says the confiscation was part of government attempts to recover

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Pfizer says its experimental pill for COVID-19 cut rates of hospitalization and death by nearly 90% among patients with mild-to-moderate infections. The company announced Friday it will soon ask the U.S. Food and Drug Administration and international regulators to authorize its pill, which is taken twice

By NICO GARRIGA and THOMAS ADAMSON Associated Press GRANVILLE, France (AP) — French fisherman Hermann Outrequin gave up his fishing company job and went independent in 2019 to have more time for his newborn son. But he hadn’t reckoned with the post-Brexit spat about fishing rights between Paris and London. He has just been denied

By ZEN SOO Associated Press HONG KONG (AP) — China has criticized a press freedom survey from the Hong Kong Foreign Correspondents’ Club that found nearly half its members are considering leaving the city. The survey says the members are concerned about a decline in press freedoms under a sweeping national security law imposed by

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — The Dutch Supreme Court has handed Russia at least a temporary victory in its appeal of a $50 billion arbitration award to former shareholders of bankrupted oil giant Yukos. The decision Friday quashed a lower court ruling, effectively setting aside a $50 billion award made

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese automaker Honda has lowered its profit and vehicle sales forecasts for the fiscal year, pointing to a supply crunch in chips and rising material costs. Honda recorded a 31% drop from last year in its fiscal second quarter profit, to $1.5 billion. Honda Executive Vice

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — U.S. stocks pushed further into record heights on Friday following an encouraging report on hiring across the country. The S&P 500 closed 0.4% higher, clinching an all-time high for the seventh straight day. Trading was scattershot, though, and after climbing to

By TOM KRISHER and PAUL WISEMAN AP Business Writers The sweeping Biden administration’s new COVID-19 mandate will apply to 84 million workers at mid-size and large companies. President Joe Biden has described the new rules as urgently needed to get more Americans inoculated. Though confirmed viral cases and deaths have fallen sharply since the start