AP National Business

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — The globalized city-state of Dubai appears to be in the midst of a boom season. It’s a surge in growth spurred on by one of the world’s highest vaccination rates and government moves to de-escalate tensions with regional rivals and lure foreign businesses. Maskless

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares are modestly higher after stocks advanced on Wall Street with encouraging reports about the potential impact of the omicron variant of coronavirus. The Commerce Department reported Wednesday that the U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously

By GILLIAN FLACCUS, FELICIA FONSECA and BECKY BOHRER Associated Press WARM SPRINGS, Ore. (AP) — The massive infrastructure bill signed earlier this year promises to bring change to Native American tribes that lack clean water or indoor plumbing through the largest single infusion of money into Indian Country. It includes $3.5 billion for the federal

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares are modestly higher after stocks advanced on Wall Street with encouraging reports about the potential impact of the omicron variant of coronavirus. The Commerce Department reported Wednesday that the U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Prosecutors say a Chicago banker should spend at least four years in prison after he was convicted of delivering $16 million in loans to Paul Manafort in a bid for power in the administration of ex-President Donald Trump. Stephen Calk is set to be sentenced Feb.

By COLLEEN SLEVIN Associated Press DENVER (AP) — Relatives, lawmakers and other supporters are pleading for clemency for a trucker sentenced to 110 years in prison after an explosive brake-failure crash that left four people dead in Colorado. Supporters of Rogel Aguilera-Mederos rallied at the state Capitol in Denver on Wednesday to make their case.

MADISON, Wis. (AP) — Foxconn Technology Group has qualified for nearly $30 million in Wisconsin tax credits. That marks the first time the Taiwan-based electronics giant has secured state aid since breaking ground on its Wisconsin facility in 2018. The Wisconsin Economic Development Corporation on Wednesday verified that Foxconn met job creation and investment benchmarks

Stocks that traded heavily or had substantial price changes Wednesday: Paychex, Tesla rise; CalAmp, Allakos fall.

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — Federal prosecutors say a New Orleans-based company has agreed to turn over a $432 million trust fund and pay $43 million to settle a lawsuit over cleaning up the nation’s longest-running oil spill. Sixteen wells off Louisiana have been leaking since September 2004, when a subsea

By LISA MASCARO and FARNOUSH AMIRI Associated Press WASHINGTON (AP) — President Joe Biden, along with progressive and moderate Democrats, appears determined to return to the negotiating table with Sen. Joe Manchin. Manchin is the holdout Democrat who effectively sank the party’s signature $2 trillion domestic policy initiative. Republicans are voicing greater confidence now that

MADRID (AP) — Spanish Prime Minister Pedro Sánchez is convening a special Cabinet meeting Thursday to pass a decree-law that makes it mandatory to wear masks outdoors amid a record surge in COVID-19 cases. His office said at a meeting with the leaders of Spain’s regional governments, Sánchez offered to deploy the armed forces to

By COLLEEN SLEVIN Associated Press DENVER (AP) — The family of a trucker sentenced to 110 years in prison after an explosive brake-failure accident that left four people dead has held a rally in Denver Wednesday to plead for clemency. Supporters of Rogel Aguilera-Mederos say the sentence is deeply unjust. Truck drivers around the country

By THANASSIS STAVRAKIS and DEREK GATOPOULOS Associated Press ATHENS, Greece (AP) — Public health authorities in Greece have stepped up a campaign to deliver booster shots to seniors and people with mobility difficulties at home, with some agencies using taxi companies to take healthcare workers to where the vaccinations are needed. The country is fighting

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed higher on Wall Street Wednesday, adding to the week’s gains ahead of the Christmas holiday. The S&P 500 rose 1%, the Nasdaq rose 1.2% and the Dow Jones Industrial Average rose 0.7%. The Russell 2000, a measure of small-company stocks, rose 0.9%. Technology

BERLIN (AP) — The head of the World Health Organization is warning that blanket booster programs in rich countries risk prolonging the world’s battle with COVID-19. He says that “no country can boost its way out of the pandemic.” WHO Director-General Tedros Adhanom Ghebreyesus said the priority must be to reduce deaths and help all