AP National Business

LONDON (AP) — Thousands of postal workers, university lecturers and schoolteachers in the U.K. are going on strike to demand better pay and working conditions amid the country’s cost-of-living crisis. Picket lines will be set up outside postal offices, universities and schools in one of the biggest co-ordinated walkouts this year. Some 70,000 academic staff

By JOE McDONALD AP Business Writers BEIJING (AP) — The company that assembles Apple Inc.’s iPhones apologized Thursday for a pay dispute that triggered employee protests at a factory where anti-virus controls have slowed production. Employees complained Foxconn Technology Group changed the terms of wages offered to attract them to the factory in the central

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — An Australian minister has likened a mining company blasting ancient rock shelters to the Taliban’s destruction of giant Buddha carvings and vowed to improve protections of Indigenous cultural heritage. Environment Minister Tanya Plibersek said Rio Tinto acted lawfully in 2020 when it destroyed two rock shelters

By ALEX BRANDON and BEN FINLEY Associated Press CHESAPEAKE, Va. (AP) — Police and witnesses say a manager at a Virginia Walmart pulled out a handgun before a routine employee meeting and began firing wildly in the break room, killing six co-workers and wounding at least six others. It was the country’s second high-profile mass

BEIJING (AP) — Pandemic lockdowns are expanding across China, including in a city where factory workers clashed this week with police, as the number of COVID-19 cases hits a daily record. Residents of eight districts of Zhengzhou, home to 6.6 million people, were told to stay home for five days beginning Thursday except to buy

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares gained Thursday, although optimism about the Federal Reserve holding back on aggressive interest rate raises was countered by some uncertainty about coronavirus restrictions in China. Trading was relatively muted in Asia ahead of U.S. markets being closed for Thanksgiving. Benchmarks rose in early trading

By MAYSOON KHAN Associated Press/Report for America Albany, N.Y. (AP) — New York officials are warning a judge that a court fight over licensing rules for marijuana dispensaries could wind up hurting small farms that just harvested their first cannabis crop. New York on Monday issued its first 36 licenses for dispensaries. The state has

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday. Unlike Buffett’s planned annual gifts to charity each summer, the recipients didn’t include the Bill & Melinda Gates Foundation. Buffett has been making

MONTROSE, Pa. (AP) — A plea hearing has been scheduled for next week in the case of a natural gas driller facing felony charges in Pennsylvania over allegations it polluted a small community’s drinking water. Houston-based Coterra Energy Inc. will appear in Susquehanna County Court on Tuesday. That’s according to online court records. Coterra’s corporate

By HEATHER HOLLINGSWORTH Associated Press Armed guards were a fixture outside the marijuana growing operation in rural Oklahoma where four people were slain execution-style. The owner of the local paper, Jack Quirk, said Wednesday that the postal carrier was frequently met with guns. Oklahoma State Bureau of Investigation announced Tuesday that the suspect in the

By ALEX BRANDON and BEN FINLEY Associated Press CHESAPEAKE, Va. (AP) — A Walmart manager pulled out a handgun before a routine employee meeting and began firing wildly around the break room of a Virginia store, killing six people in the nation’s second high-profile mass shooting in four days, police and witnesses said Wednesday. The

By KEN SWEET AP Business Writer NEW YORK (AP) — The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million in assets so far, a fraction of the potentially billions of dollars likely missing from the company’s coffers. The numbers were

The Associated Press Stocks closed higher on Wall Street following the release of the minutes from the Federal Reserve’s most recent policy meeting, which showed Fed officials agreed that smaller rate hikes would likely be appropriate “soon.” The S&P 500 rose 0.6% Wednesday, the Nasdaq added 1% and the Dow climbed 0.3%. Deere rose after

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Deere, Azenta rise; Autodesk, Nordstrom fall.

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years. The trend is driving adjustable-rate mortgages, or ARMs, to the highest usage in over a