AP National Business

By CRISTIAN JARDAN and STEPHEN McGRATH Associated Press CHISINAU, Moldova (AP) — Moldova has reported “massive power outages across the country” after Russian military strikes on Ukraine’s energy infrastructure downed a key power line that supplies the small nation. Moldova’s infrastructure minister made the announcement in a statement Tuesday. The minister noted that the downed

By EVELYNE MUSAMBI Associated Press NAIROBI, Kenya (AP) — A multi-story residential building under construction has collapsed in Kenyan capital Nairobi. There was no immediate official word on any casualties. Construction workers are feared trapped under the rubble and rescue operations have begun. A report in the local media cited residents of the Kasarani suburb

ADDIS ABABA, Ethiopia (AP) — The International Committee of the Red Cross says a convoy of trucks carrying medicine arrived in Tigray’s regional capital Mekele. It was the first aid delivery by the organization to the region since August. The ICRC head of delegation for Ethiopia said Tuesday that “it is an enormous relief for

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks rose broadly in afternoon trading on Wall Street Tuesday after the government reported another decline in the pace of wholesale price inflation last month, the latest glimpse of hope that inflationary pressures in the U.S. might be easing. The S&P 500 index rose

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Iranian shops in Tehran’s historic Grand Bazaar and elsewhere across the country closed their doors Tuesday amid protests gripping the nation, as two prominent soccer stars also announced they would not be attending the upcoming World Cup over the demonstrations. The shop closures came

By FRANK JORDANS and SAMY MAGDY Associated Press SHARM EL-SHEIKH, Egypt (AP) — Ugandan climate activist Vanessa Nakate slammed world leaders Tuesday who persist in backing new fossil fuel projects despite science warnings that this will push temperatures across the planet to dangerous highs as a handful of activists held a symbolic protest at a

By MARIA DI MENTO of The Chronicle of Philanthropy Chronicle of Philanthropy MacKenzie Scott’s big gifts have been a boon to the charities who received them, and widespread fears in the nonprofit world that her gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle them

By JOHN LEICESTER Associated Press KYIV, Ukraine (AP) — Russian airstrikes targeting energy and other facilities rocked Ukraine from east to west Tuesday, causing broad power blackouts. A senior official warned that the situation was “critical” and urged Ukrainians to “hang in there” as neighborhoods went dark. The aerial assault, which resulted in at least

NEW YORK (AP) — Wall Street is opening higher after the government reported another decline in the pace of wholesale price inflation last month, the latest glimpse of hope that inflationary pressures in the U.S. might be easing. The S&P 500 index was up 1.7% in the early going Tuesday and the tech-heavy Nasdaq was

ATLANTA (AP) — Home Depot easily topped expectations for both profit and revenue in the third quarter, but investors are spooked because the company is sticking by projections it put out earlier this year. The Atlanta company earned $4.34 billion in the quarter, or $4.24 per share. That far exceeds the per-share projections of $4.11

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels. The annual figure is down from 8.4% in September. On a monthly

By FRANK JORDANS, KELVIN CHAN and SETH BORENSTEIN Associated Press SHARM EL-SHEIKH, Egypt (AP) — U.S. climate envoy John Kerry has met with his Chinese counterpart at annual United Nations climate talks in Egypt. It’s the latest sign of improving relations between the world’s top two polluters. Chinese President Xi Jinping agreed a day earlier

By JOE McDONALD and MATT OTT AP Business Writers Futures on Wall Street edged higher a couple of hours before the opening bell Tuesday as the American and Chinese presidents met and investors awaited U.S. inflation data that could influence the Federal Reserve ahead of its December meeting. Futures for the benchmark S&P 500 rose

By JOHN LEICESTER Associated Press KYIV, Ukraine (AP) — Ukrainian police and U.N. investigators said Tuesday they were looking into alleged Russian abuses in Kherson during eight months of occupation of the key southern city, including torture sites and enforced disappearances and detentions. The head of the U.N. human rights office’s monitoring mission in Ukraine,

By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — Climate activists in Austria have attacked a famous painting by artist Gustav Klimt with a black, oily liquid and one then glued himself to glass protecting the painting’s frame. Members of the group Last Generation Austria tweeted Tuesday they had targeted the 1915 painting “Death and Life”

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Walmart reported higher sales in the fiscal third quarter as more Americans seek to cut spending in face of high inflation. Also on Tuesday, Walmart, based in Bentonville, Arkansas, agreed to pay $3.1 billion to settle lawsuits nationwide over the impact of prescriptions its pharmacies

By GEOFF MULVIHILL Associated Press Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies, becoming the latest major drug industry player to promise major support to state, local and tribal governments still grappling with a crisis in overdose deaths. The retail giant’s announcement follows

ATLANTA (AP) — Home Depot easily topped expectations for both profit and revenue in the third quarter, but investors are spooked because the company is sticking by projections it put out earlier this year. Shares of The Home Depot Inc. declined more than 2% before the market opened Tuesday. The Atlanta company earned $4.34 billion

BEIJING (AP) — China’s ruling party has called for strict adherence to the hard-line “zero-COVID” policy in an apparent attempt to guide public perceptions after regulations were eased slightly in places. The party’s flagship newspaper said in an editorial that China must “unswervingly implement” the policy that requires mass obligatory testing and places millions under