AP National Business

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Qatar Airways says it suffered a more than $4 billion loss in revenues over the last year, as lockdowns triggered by the coronavirus pandemic slashed demand for air travel. The major loss reported Monday, which it said mostly stemmed from the grounding of its

By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — After hovering for years at lows sometimes near $1 per pound, coffee futures — the price large buyers agree to pay upon delivery months down the road — are now around $1.90 per pound. Factors including wild weather in Brazil, supply bottlenecks and worker

By JONATHAN LANDRUM Jr. AP Entertainment Writer LOS ANGELES (AP) — Timbaland paved his own way as a hit-making producer for elite acts like Justin Timberlake and Jay-Z, but now he’s creating a lane for aspiring music creators to collaborate with the industry’s biggest performers. While his uber-successful “Verzuz” series with Swizz Beatz remains popular,

DEARBORN, Mich. (AP) — A member of a new generation of Ford family members is taking on another leadership role at the automaker. Alexandra Ford English, the daughter of Ford Executive Chairman Bill Ford, was named global brand merchandising director on Monday. The 33-year-old English already serves on the company’s board of directors. She will

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Boston Federal Reserve President Eric Rosengren said Monday that he will retire on Sept 30 and disclosed that he has qualified for a kidney transplant. Rosengren’s announcement comes after investments by him and other Fed officials last year have come under scrutiny and raised questions about

By MALLIKA SEN Associated Press NEW YORK (AP) — Many of the 38 members recognized by the United Nations as small island developing states are known for their stunning coral reefs, pristine beaches and dire imperilment by climate change. These islands are dependent on tourism, which itself is a significant driver of climate change. With

By MICHELLE CHAPMAN AP Business Writer Instagram is putting a hold on the development of Instagram kids, geared towards children under 13, so it can address concerns about the vulnerability of younger users. Adam Mosseri, the head of Instagram, wrote in a blog post Monday that a delay will give the company time to “work

By PAN PYLAS Associated Press LONDON (AP) — British Prime Minister Boris Johnson will on Tuesday finally meet with members of the COVID-19 Bereaved Families for Justice campaigning group. They have for more than a year sharply criticized his handling of the coronavirus pandemic. Johnson’s Downing Street office confirmed Monday that the prime minister will

By TALI ARBEL AP Technology Reporter The non-profit that operates Wikipedia, one of the world’s most popular websites, has a new CEO, Maryana Iskander, whose background spans continents and fields. (Yes, she has a Wikipedia page.) She’ll take over the Wikimedia Foundation, with 500-plus employees and a budget of over $100 million, in January. Her

By LIZ WESTON of NerdWallet Millions of U.S. workers have changed jobs or are looking, often in pursuit of flexible hours, remote work and other nonmonetary benefits. But money is important, too. How can you be sure a different gig will improve your overall financial picture? Start by listing every benefit you use now or

By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — China’s Foreign Ministry says two Canadians detained in late 2019 who were allowed to return to Canada were released on bail for health reasons. A ministry spokesperson made the comment as Beijing sought to downplay the connection between their release and the return to China of

By JILL LAWLESS Associated Press LONDON (AP) — The British government has put dozens of soldiers on standby to help easy fuel supply problems caused by a shortage of truck drivers. The delivery problems have spurred panic buying of gasoline. The government said Monday that it was placing British army tanker drivers in “a state

By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — Voters in Berlin have backed a proposal for the Berlin city government to take over about 240,000 apartments worth billions from corporate owners to curb sharply rising rents in the German capital. The count of Sunday’s referendum showed that 56.4% of voters were in favor of the

By GEIR MOULSON Associated Press BERLIN (AP) — Germany’s voters have delivered their verdict. Now it’s up to party leaders to thrash out who will succeed Chancellor Angela Merkel after 16 years in office and with what political priorities. The shape of Germany’s new Bundestag, or lower house of parliament, is now clear. But there

By JOE McDONALD and ZEN SOO AP Business Writers BEIJING (AP) — Global shoppers face possible shortages of smartphones and other goods ahead of Christmas after power cuts to meet government targets forced Chinese factories to shut down and left some households in the dark. In the northeastern city of Liaoyang, 23 people were hospitalized

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mostly lower as concerns about China chip away at investor optimism after a mixed finish on Wall Street. Benchmarks fell in Japan, Australia and South Korea, but rose in Hong Kong and Shanghai. A power crunch in China has shut down factories and

By KELVIN CHAN AP Business Writer LONDON (AP) — Google is heading to a top European Union court to appeal a record EU antitrust penalty imposed for stifling competition by abusing the dominance of its Android operating system. The company is fighting a 2018 decision from the EU’s executive Commission that resulted in the 4.34

The Associated Press The National Association of Realtors issues its August tally of pending U.S. home sales Wednesday. Used car dealership CarMax reports quarterly results Thursday. The Commerce Department delivers its monthly snapshot of consumer spending Friday.

The Associated Press NEW YORK (AP) — The nation’s business economists now expect slower economic growth this year due to the widespread delta variant of the coronavirus, while also saying the economy could improve more quickly next year as vaccinations become more accepted. In a survey being released Monday, the National Association for Business Economics

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian share are mostly higher, but skepticism about the regional economic outlook tempered the rally amid worries about further waves of COVID-19 outbreaks. Benchmarks in Japan, China, Australia and South Korea gained, while Shanghai declined. Japan’s ruling party holds an election later this week to choose

MEMPHIS, Tenn. (AP) — A hospital spokeswoman says six people who were wounded in a mass shooting at a Tennessee supermarket are no longer in critical condition. Angie Golding, a spokeswoman for Regional One Health in Memphis, told news outlets that one person was in serious condition and five others were in good condition Sunday.

Associated Press CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline went up by a penny over the past two weeks, to $3.25 per gallon. That’s $1 more than a year ago. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the slight increase is due to a rise in the cost

HELSINKI (AP) — Police in Norway have reported dozens of disturbances and violent clashes including mass brawls in the Nordic country’s big cities after streets, bars, restaurants and nightclubs were filled with people celebrating the end of COVID-19 restrictions. The Norwegian government abruptly announced Friday that most of the remaining coronavirus restrictions would be scrapped

By JOSH BOAK Associated Press WASHINGTON (AP) — What will it cost to enact President Joe Biden’s massive expansion of social programs? Congress has authorized spending up to $3.5 trillion over a decade. But Biden is prodding Democrats to fully cover the cost of the legislation. That means raising taxes on corporations and the wealthy,

By EGILL BJARNASON Associated Press REYKJAVIK, Iceland (AP) — Iceland briefly celebrated electing a female-majority parliament Sunday — before a recount showed the result fell just short of that landmark for gender parity in the North Atlantic island nation. A first count had female candidates winning 33 seats in Iceland’s 63-seat parliament, the Althing. Hours

ISTANBUL (AP) — Turkey’s president has said he would consider buying a second Russian missile system in defiance of strong objections by the United States. President Recep Tayyip Erdogan has told American broadcaster CBS in an interview that Turkey would have to decide its defense systems on its own. NATO member Turkey was kicked out

By JILL LAWLESS Associated Press LONDON (AP) — Britain’s Conservative government is hoping a combination of relatively high vaccination rates and common-sense behavior will keep a lid on coronavirus infections this fall and winter and avoid the need for restrictive measures. That plan employs a lighter touch than most nations. Britain has recorded more than

By JOSH FUNK Associated Press OMAHA, Neb. (AP) — Nebraska billionaire Walter Scott has died at the age of 90. The Suzanne and Walter Scott Foundation that Scott founded said Scott died Saturday. The foundation did not mention a cause of death. Scott was the past top executive of Peter Kiewit Sons Inc. construction firm.

By COLLEEN BARRY AP Fashion Writer MILAN (AP) — Gucci has launched an e-commerce site featuring refurbished vintage Gucci pieces alongside capsule collections by young designers chosen by Gucci creative director Alessandro Michele.  Michele said the project was born out of his life-long obsession with collecting fashion, including Gucci items before he ever joined the

By TOM MURPHY AP Health Writer Billions more in profits are at stake for some vaccine makers as the U.S. moves toward dispensing COVID-19 booster shots to shore up Americans’ protection against the virus. How much the manufacturers stand to gain depends on how broad the rollout proves to be. The Centers for Disease Control

By KATHLEEN FOODY Associated Press CHICAGO (AP) — Hiring and retaining people capable of helping fend off a constant stream of cyberattacks and other online threats tops the list of concerns for state technology leaders. There’s a severe shortage of those professionals and not enough financial firepower to compete with the federal government, global companies

By JILL LAWLESS Associated Press LONDON (AP) — In a U-turn, Britain says it will issue thousands of emergency visas to foreign truck drivers to help fix supply-chain problems that have caused empty supermarket shelves, long lines at gas stations and shuttered petrol pumps. The Conservative government had resisted easing immigration rules, despite warnings from

SHENZHEN, China (AP) — An executive of Chinese global communications giant Huawei Technologies has returned from Canada following a legal settlement that also saw the release of two Canadians held by China, potentially bringing closure to a nearly 3-year-long feud embroiling Ottawa, Beijing and Washington. Meng Wanzhou, Huawei’s chief financial officer and the daughter of

By LISA MASCARO and JONATHAN LEMIRE Associated Press WASHINGTON (AP) — President Joe Biden says talks over his $3.5 trillion rebuilding plan have hit a “stalemate” in Congress. Biden delivered off-cuff remarks Friday at the White House as Democrats in the House and Senate are laboring to finish drafts and overcome party differences, The president’s

By ERIKA KINETZ Associated Press BRUSSELS (AP) — Dozens of far-right extremists use Facebook, Instagram, YouTube and Twitter to promote their brands, new research shows. By carefully toeing the line of propriety, key architects of Germany’s far-right harness the power of mainstream social media to promote festivals, fashion brands, music labels and mixed martial arts

By HALELUYA HADERO AP Business Writer If you’ve been on social media, or texted with GIF-loving friends, Drew Scanlon’s face has likely appeared on your screen. His GIF, known as “Blinking Guy” or “Blinking White Guy,” is estimated to have been used more than 1.7 billion times to express unbelief or confusion. It even has

By DAVID KOENIG AP Business Writer Carnival Corp. is still losing money, but it sees a glimmer of hope in stronger bookings for next year. The cruise line company said Friday that it lost $2.8 billion in the third quarter, which ended Aug. 31. But the shares rose after the company said bookings for the

The Associated Press Stocks ended a wobbly day with mixed results on Wall Street Friday as the market cooled off following a two-day rally. The S&P 500 edged higher and notched a gain for the week, breaking a two-week losing streak. The Dow Jones Industrial Average also rose, while the Nasdaq composite and a measure

Stocks that traded heavily or had substantial price changes Friday: Vail Resorts, Progress Software rise; Nike, Nvidia fall.

By TRAVIS LOLLER, JONATHAN MATTISE and MARK HUMPHREY Associated Press COLLIERVILLE, Tenn. (AP) — Residents have gathered in a Tennessee town to pray for healing as details emerged about a gunman who went on a rampage Thursday at the grocery store where he worked. Hollie Skaggs and Sara Wiles were strangers who happened to be

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Restaurant and hotel owners struggling to fill jobs. Supply-chain disruptions forcing up prices for small businesses. Unemployed Americans unable to find work even with job openings at a record high. Those and other disruptions to the U.S. job market — consequences of the viral pandemic that

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

WASHINGTON (AP) — United Airlines has been fined $1.9 million over 25 delayed flights in which passengers were stuck on the ground for at least three hours. It’s the largest fine ever imposed by the U.S. Transportation Department for such long delays. The government said Friday that the incidents occurred between late 2015 and February

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — A group of Dutch students has reimagined van life and is hitting the road to Portugal. They call their groundbreaking new solar-powered vehicle “a self-sustaining house on wheels.” A team from the Technical University in the southern Dutch city of Eindhoven designed the sleek, odd-looking

By KEITH RIDLER Associated Press BOISE, Idaho (AP) — The U.S. Department of Defense is taking input on its plan to build an advanced mobile nuclear microreactor prototype at the Idaho National Laboratory in eastern Idaho. The department on Friday began the 45-day comment period by releasing a draft environmental impact study evaluating alternatives for

By STEVE LeBLANC Associated Press BOSTON (AP) — Officials from companies with fleets of trucks are urging governors across the country to embrace a rule meant to speed the adoption of zero-emission trucks and reduce a potent source of greenhouse gases spewed from the large commercial vehicles. Representatives of companies like IKEA, Nestle, Siemens, Etsy,

By OLGA R. RODRIGUEZ Associated Press SAN FRANCISCO (AP) — Pacific Gas & Electric has been charged with involuntary manslaughter and other crimes in a Northern California wildfire last year that killed four people and destroyed hundreds of homes. Investigators determined that aging equipment belonging to the nation’s largest utility sparked the Zogg Fire last

Mercedes-Benz is teaming up with Stellantis and TotalEnergies in a European electric vehicle battery joint venture. The partners in Automotive Cells Co. plan to increase the company’s industrial capacity to at least 120 GWh by 2030. The company is looking to develop and make battery cells and modules for electric vehicles with a focus on

By ERIC TUCKER, JIM MUSTIAN and ROB GILLIES Associated Press NEW YORK (AP) — Two Canadians detained in China have been released from prison. Canadian Prime Minister Justin Trudeau announced their release Friday night, hours after the U.S. Justice Department resolved criminal charges against a top executive of Chinese communications giant Huawei.  Canadians Michael Kovrig

By DIANE JEANTET Associated Press RIO DE JANEIRO (AP) — Brazil is in the throes of its worst drought in 91 years, which has returned the specter of power rationing. Authorities are reviewing the scope of benefits of daylight saving time, ended by a presidential decree in 2019. Federal lawmakers discussed its return this week,

By LORNE COOK Associated Press BRUSSELS (AP) — The European Union is warning Russia against allowing hackers to attack data bases or spread disinformation in the bloc just as Germans prepare to go the polls for parliamentary elections. EU foreign policy chief Josep Borrell says some of the 27 member countries “have observed malicious cyber

By LISA MASCARO and JONATHAN LEMIRE Associated Press WASHINGTON (AP) — President Joe Biden says talks over his $3.5 trillion rebuilding plan have hit a “stalemate” in Congress. Biden delivered off-cuff remarks Friday at the White House as Democrats in the House and Senate are laboring to finish drafts and overcome party differences, The president’s

French luxury house Saint Laurent will go completely fur free in its collections from next year, its parent company Kering says. In a statement Friday, Kering added that another of its houses, Italian menswear brand Brioni, will also stop using fur — making the luxury giant that includes Gucci, Alexander McQueen, Balenciaga, Bottega Veneta completely

By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — Sales of new homes in the U.S. rose modestly in August as rising prices continue to sideline potential buyers. The Commerce Department reported Friday that sales of new homes last month rose 1.5%, reaching a seasonally adjusted annual rate of 740,000. That follows July’s

LONDON (AP) — Travelers arriving at U.K. airports are facing delays after electronic passport gates have failed, forcing passengers to wait in line for border officers to inspect their documents. London Heathrow, Manchester and Edinburgh airports all reported that a technology failure disrupted gates that allow passengers with biometric passports to quickly pass through border

BEIJING (AP) — HNA Group, the Chinese airline operator that ran into financial trouble following a global acquisition spree beginning in 2014, says its chairman and CEO have been detained on suspicion of committing crimes. A company statement says Chen Feng and Tan Xiangdong were “taken under compulsory measures” by police in the southern island

By LAURAN NEERGAARD and MIKE STOBBE AP Medical Writers The U.S. launched a campaign to offer boosters of Pfizer’s COVID-19 vaccine to millions of Americans on Friday even as health officials stressed the real problem remains getting first shots to the unvaccinated. The Centers for Disease Control and Prevention endorsed boosters for some who got

By OLIVERA PERKINS of The Chronicle of Philanthropy Chronicle of Philanthropy A new effort in Northwest Arkansas offering $10,000 incentives to new residents is part of an increasing number of philanthropy-financed projects trying to spark economic development, promote civic and cultural life, attract skilled workers, and offset declining or sparse populations. Remote workers are especially

ROME (AP) — Hundreds of Alitalia workers are blocking a highway exit outside Rome’s main airport to demonstrate their anger that most of the airline’s staff will soon lose their jobs. As of Oct. 1, the financially-ailing Alitalia won’t exist anymore. The new company being formed, called ITA, says it will only keep some 2,800

By JOSHUA GOODMAN Associated Press Writer ABOARD THE OCEAN WARRIOR in the eastern Pacific Ocean (AP) — José López proudly remembers his first catch: he was 13 and a local skipper, pitying his ragamuffin look, hired him as an extra hand. When he returned home, his pockets stuffed with a day’s wages, his mother protested.

By KHADIJA KOTHIA Associated Press LONDON (AP) — The British government is seeking a legal injunction against climate protestors who blocked the entrance to Britain’s busiest ferry port to highlight the climate crisis and fuel poverty. Vehicles were stuck in lines as more than 40 protesters from the climate group Insulate Britain blocked the main

BEIJING (AP) — China’s central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. The central bank complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money-laundering and other crime. Prices for Bitcoin and other

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Shortages of semiconductor chips and other raw materials are continuing to hit Germany’s manufacturers, as bottlenecks leave companies in Europe’s biggest economy struggling to fill orders. Trouble getting the key components helped send the closely watched Ifo index lower for September. That’s the third drop

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks ended a wobbly day with mixed results on Wall Street Friday as the market cooled off following a two-day rally. The S&P 500 edged up 0.1% and ended the week higher, breaking a two-week losing streak. The Dow Jones Industrial Average also rose about

By JILL LAWLESS Associated Press LONDON (AP) — Britain doesn’t have enough truck drivers. The shortage is contributing to scarcity of everything from McDonald’s milkshakes to supermarket produce. Now energy firms are rationing supplies of gasoline and closing some petrol pumps. The government is scrambling to lure more people into what has long been an

By MICHAEL HILL, BOBBY CAINA CALVAN and MICHELLE L. PRICE Associated Press NEW YORK (AP) — Some of the nation’s most aggressive COVID-19 vaccine mandates are scheduled to take effect Monday in New York amid continued resistance from some to the shots. That’s left hospitals and nursing homes across the state and schools in New

By JOE McDONALD AP Business Writer BEIJING (AP) — Trying to dispel investor fears, some Chinese banks are disclosing what they are owed by a real estate developer that is struggling under $310 billion in debt. The lenders say they can cope with a potential default. The announcements came as Evergrande Group promised to talk

By JOSHUA GOODMAN Associated Press ABOARD THE OCEAN WARRIOR in the eastern Pacific Ocean (AP) — It’s 3 a.m., and after five days plying through the high seas, the Ocean Warrior is surrounded by an atoll of blazing lights that overtakes the nighttime sky. “Welcome to the party!” says third officer Filippo Marini as the

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A former OppenheimerFunds analyst was freed on $1.5 million bail after he was arrested on insider trading charges alleging he used company secrets to collect over $8 million in illegal profits. Sergei Polevikov was arrested late Wednesday. Brooke Cucinella, a lawyer who represented him Thursday in

By ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) — A major U.S. port was the target last month of suspected nation-state hackers. The Port of Houston, a critical piece of infrastructure along the Gulf Coast, issued a statement Thursday saying it had successfully defended against an attempted hack in August and no operational data or

By AMY FORLITI Associated Press MINNEAPOLIS (AP) — A state agency that investigates civil rights abuses has found that the manager of a suburban Minneapolis Michaels store called police on a teenager just because he is Black, and responding police used unreasonable force on him because of his race. The findings by the Minnesota Department

By MARYCLAIRE DALE Associated Press PHILADELPHIA (AP) — A federal appeals court has revived a Philadelphia newscaster’s lawsuit against Facebook over the unauthorized use of her image in advertisements for dating sites and sex-related products that ran on the site. A divided panel concluded that Facebook is not immune from Fox 29 host Karen Hepp’s

WASHINGTON (AP) — Federal officials say unruly passengers are becoming a bit less common on airline flights, but they are still causing disruptions at twice the rate of late last year. The Federal Aviation Administration said Thursday the its zero-tolerance policy — including fines against more passengers — is helping. Those fines have added up

The Associated Press Stocks rose broadly for a second day in a row on Wall Street Thursday, reversing the market’s losses for the week just three days after the S&P 500 had its biggest skid since May. The S&P 500, Dow Jones Industrial Average and Nasdaq rose. Investors were pleased to have gotten some clarity

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Salesforce.com, Darden rise; Steelcase, Rite Aid fall.

By PEDRO SERVIN Associated Press ASUNCION, Paraguay (AP) — Paraguay’s crucial outlet to the sea has fallen to its lowest level since at least 1904, and that threatens massive economic losses to the small South American nation. Government figures Thursday show the Paraguay River at 56 centimeters (22 inches) below reference in the capital, about

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

By COLLEEN BARRY AP Fashion Writer MILAN (AP) — Giorgio Armani has celebrated 40 years of his Emporio Armani line with a retrospective show at his Silos museum and a collection for youthful dressers that brimmed with colorful optimism. The 86-year-old designer called them 40 hard years, “but beautiful, very beautiful.” Armani took a closing

LOS ANGELES (AP) — Shaquille O’Neal, Tyra Banks and Kevin Hart are among the celebrities taking part in a live-streamed special intended to boost Black-owned businesses. Daymond John of “Shark Tank” will host “Black Entrepreneurs Day” from New York City’s Apollo Theater on Oct. 14. The event will be available through John’s Facebook page and

By AMY BETH HANSON Associated Press HELENA, Mont. (AP) — Medical providers and Montana residents with compromised immune systems are challenging the only law in the U.S. that prevents employers from mandating vaccines for employees. The Montana Medical Association, private physician groups, a Missoula hospital and seven individuals argue that the new law violates federal

WASHINGTON (AP) — Average long-term mortgage rates rose slightly this week continuing a months-long trend of little movement. They remain under 3%. Mortgage buyer Freddie Mac reports that the average rate for a 30-year mortgage edged up to 2.88% from 2.86% last week. The rate for a 15-year loan increased to 2.15% from 2.12% last

By DAVID KOENIG AP Business Writer DALLAS (AP) — Federal officials have made more than two dozen recommendations aimed at further safeguarding power plants and natural gas supplies to prevent a repeat of the February blackouts that caused more than 200 deaths in Texas. Staff at the Federal Energy Regulatory Commission and the North American

By PAN PYLAS Associated Press LONDON (AP) — The British government is trying to ease concerns of a fuel crisis after oil giants BP and ExxonMobil-owned Esso warned they had to ration supplies and close some gas stations as a result of a truck driver shortage. BP said it was reducing gasoline and diesel deliveries

WASHINGTON (AP) — U.S. safety investigators are asking anyone who witnessed a fiery Tesla crash near Miami that killed two people to send them video or photos taken at the scene. The National Transportation Safety Board sent three investigators to the Sept. 13 crash in Coral Gables, Florida. The agency says it’s specifically looking for

By LAURAN NEERGAARD and MIKE STOBBE AP Medical Writers The Centers for Disease Control and Prevention has endorsed COVID-19 booster shots for millions of older or otherwise vulnerable Americans. The move opens a major new phase in the U.S vaccination drive against the coronavirus. A panel of advisers made the recommendation Thursday and CDC Director

General Motors is investing $300 million in China’s self-driving car company Momenta. GM said Thursday that the investment will speed up the development of next-generation self-driving technologies for its future vehicles in China. The move is also part of a plan GM announced three months ago to invest $35 billion in engineering and capital in

BOSTON (AP) — The Boston City Council has unanimously approved an ordinance that addresses climate change by requiring all buildings larger than 20,000 square feet to eliminate carbon emissions by 2050. Acting Mayor Kim Janey intends to sign the proposal approved Wednesday. Councilor Matt O’Malley was the driving force behind the measure. O’Malley says the

KYIV, Ukraine (AP) — Ukrainian lawmakers have approved a law aimed at limiting the influence of oligarchs on politics. The move comes a day after the car of a top aide to Ukrainian President Volodymyr Zelenskyy came under gunfire, an incident the president said could have been triggered by the reform. The law, initiated by

By ANNE D’iNNOCENZIO AP Retail Writer NEW YORK (AP) — Target will hire fewer seasonal workers this year  and will instead offer more hours to current employees. The move, announced Thursday, is in response to its permanent workers wanting more hours, the company said. About 100,000 seasonal workers will be hired nationwide, the company said

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market’s recovery, at least temporarily. Thursday’s report from the Labor Department showed that jobless

ISTANBUL (AP) — Turkey’s Central Bank has unexpectedly cut the main interest rate by one percentage point, bowing to President Recep Tayyip Erdogan’s demand for lower borrowing rates to boost growth. The bank’s monetary committee on Thursday cut the policy rate from 19% to 18% despite an annual inflation rate of 19.25%. Economists generally view

By STAN CHOE AP Business Writer NEW YORK (AP) — The spectacular run for a once-hot investment has fizzled so much that many have been relegated to the bargain bin. These special-purpose acquisition companies, or SPACs, are often called “blank-check companies” because they have no real business other than to hunt for privately owned businesses

By KELVIN CHAN AP Business Writer LONDON (AP) — The European Union is unveiling plans that would require smartphone makers to adopt a single charging method for mobile devices. The EU Commission proposed legislation Thursday that would mandate USB-C cables for charging, technology that many device makers have already adopted. The main holdout is Apple,