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AP National Business

Asian stocks fall after Australia inflation accelerates

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are lower after Australia reported unexpectedly strong inflation, highlighting global pressures for prices to rise. Shanghai, Tokyo and Hong Kong retreated. Wall Street’s benchmark S&P 500 index gained 0.2% following solid earnings reports from some major companies. Australia’s government reported its underlying consumer

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Road-blocking climate protesters resume campaign in London

LONDON (AP) — Environmental protesters pressuring the British government to insulate all homes within a decade have resumed a road-blocking campaign in London ahead of the United Nations’ annual climate conference. As commuters headed to work on Monday, demonstrators from the Insulate Britain campaign obstructed major roads into the capital’s financial centers. Some demonstrators glued

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Taiwanese delegation in Prague to boost ties; China protests

PRAGUE (AP) — Taiwanese government ministers are visiting the Czech capital accompanied by dozens of business and research representatives to boost trade and investment, a move that has angered China. Minister of National Development Kung Ming-hsin is leading a delegation of 66 officials representing business and research groups and organizations, including biotechnology, green energy, information

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EXPLAINER: Just what are ‘The Facebook Papers,’ anyway?

By The Associated Press The Facebook Papers project represents a unique collaboration among 17 American news organizations, including The Associated Press. Journalists from a variety of newsrooms worked together to gain access to thousands of pages of internal company documents obtained by Frances Haugen. Haugen is the former Facebook product manager-turned-whistleblower. The papers are redacted

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Business economists less optimistic about next year’s growth

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The nation’s business economists are slightly less optimistic about growth prospects over the next year. They note a number of threats ranging from higher-than-expected inflation to lingering disruptions from COVID-19 and snarled supply chains. The National Association for Business Economics released a new report Monday that

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Is there a constitutional right to food? Mainers to decide

By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — Members of Maine’s farming community are divided over the possibility of a first-in-the-nation right-to-food amendment. Supporters say the constitutional amendment is about ensuring the right to grow vegetables and raise livestock in an era when corporatization threatens local ownership of the food supply. Opponents and skeptics

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Austrian chancellor threatens lockdown for unvaccinated

VIENNA (AP) — Austria’s chancellor has warned that unvaccinated people could face new lockdown restrictions if coronavirus case numbers continue to rise. The news came after a meeting Friday evening between Chancellor Alexander Schallenberg and state-level leaders to discuss their plans to respond to rapidly increasing case numbers. Schallenberg said that entry into businesses such

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Watchdog finds flaws in FAA oversight of American Airlines

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — A government watchdog says federal regulators often fail to get to the bottom of maintenance issues at American Airlines. The inspector general for the Transportation Department reported Friday that the Federal Aviation Administration sometimes didn’t look deeper than accepting American’s explanation for the cause of maintenance

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Study says tech firms underreport their carbon footprint

BERLIN (AP) — A study claims that large technology companies are underreporting their greenhouse gas emissions at a time of heightened scrutiny over the role of corporations in driving climate change. Research published Friday in the journal Nature Communications found inconsistencies in the way companies declare their carbon footprint. This measure is increasingly considered important

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Justice Department to expand redlining investigation efforts

By KEN SWEET AP Business Writer WASHINGTON (AP) — The Justice Department has announced a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods. It is the first major expansion of redlining investigations since the Obama administration. As part of the effort, the Justice Department as

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