AP National Business

By BERNIE WILSON AP Sports Writer SAN DIEGO (AP) — Jada Williams was a social media star and a talented point guard when she moved with her mother from a Kansas City suburb to San Diego, looking to play basketball for a high school powerhouse and parlay her online prowess into endorsement deals. She found

FRANKFURT, Germany (AP) — Inflation in the 19 countries that use the euro currency eased to 10% this month as fuel and utilities drifted down from painful highs. But it’s still near the record levels that have robbed consumers of spending power and led economists to predict a recession. The European Union’s statistics agency said

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The United States isn’t seeking to sever economic ties with China — even as it takes steps to protect America’s technological and military prowess from Beijing. That’s according to U.S. Commerce Secretary Gina Raimondo. She spoke to reporters in advance of a speech Wednesday on the

By JOE McDONALD Associated Press BEIJING (AP) — A campaign to vaccinate older Chinese has sparked hopes Beijing might roll back severe anti-virus controls that prompted angry protesters to demand President Xi Jinping resign. But the country faces daunting hurdles before “zero COVID” can end. Global stock markets rose after Beijing announced the long-awaited campaign

STOCKHOLM (AP) — Low-cost fashion brand H&M says it will be reducing its global workforce by around 1,500 positions as part of a plan to reduce costs and further improve efficiency in the business. The Sweden-based company said Wednesday that a restructuring charge of $76 million will be booked in the last three months of

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were mostly higher on Wednesday, ahead of a closely watched speech by the Federal Reserve chief that may give clues about future interest rate hikes. Investors were also eyeing developments in China, where protests have erupted over the “zero-COVID” strategy that has confined millions

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly lower Wednesday ahead of a closely watched speech by the Federal Reserve chief that may give clues about future interest rate hikes. Investors were also eyeing developments in China, where protests have erupted over the “zero-COVID” strategy that has confined millions of

BOSTON (AP) — The family of a man who was badly hurt when an SUV crashed into an Apple store in Massachusetts have sued the company, the driver and the property owners. Matthew Timberger, of Falmouth, suffered broken bones and other serious injuries when the vehicle drove into the store in Hingham on Nov. 21,

By LAURAN NEERGAARD AP Medical Writer An experimental Alzheimer’s drug modestly slowed the brain disease’s inevitable worsening — but the anxiously awaited new data leaves unclear how much difference that might make in people’s lives. Japanese drugmaker Eisai and its U.S. partner Biogen had announced earlier this fall that the drug lecanemab appeared to work,

By JULIE WATSON Associated Press SAN DIEGO (AP) — R.J. Reynolds and other tobacco companies filed a request Tuesday asking the U.S. Supreme Court to impose an emergency order to stop California from enforcing a ban on flavored tobacco products that was overwhelmingly approved by voters earlier this month. The ban was first passed by

By DEE-ANN DURBIN AP Business Writer U.S. senators from both parties expressed skepticism Tuesday that a proposed merger between grocery giants Kroger and Albertsons would result in lower prices for consumers. “Fewer local options mean less competition to keep prices low,” said Sen. Alex Padilla, a California Democrat, in a hearing before the antitrust subcommittee

By HOPE YEN and JOSH FUNK Associated Press WASHINGTON (AP) — President Joe Biden is asking Congress to intervene to avert a potentially crippling freight rail strike before Christmas and House Speaker Nancy Pelosi is calling a vote this week to do so, even if it means handing a defeat to Democratic allies in the

By BRIAN MELLEY Associated Press Writer LOS ANGELES (AP) — A federal judge threw out a lawsuit against the maker of an anti-malarial drug blamed for causing psychotic behavior and neurological damage to U.S. servicemembers, ruling that the case had no right to be filed in California. The proposed class-action case brought last year by

LOS ANGELES (AP) — Postdoctoral scholars and academic researchers on Tuesday reached a tentative labor agreement with the University of California but will remain on strike in solidarity with thousands of graduate student workers at all 10 of the university system’s campuses. The union representing the scholars and researchers hailed the deal as a major

SAN SALVADOR, El Salvador (AP) — El Salvador’s government will make a second buyback of its sovereign debt bonds maturing in 2023 and 2025 as it tries to calm market concerns that it could default on its debt. In a statement Tuesday, the government set the maximum for the repurchase at $74 million. The 2023