AP National Business

By LEANNE ITALIE Associated Press NEW YORK (AP) — Puma, you’re all boxed in. Nike, what have you done to the U.S. and Canada? Adidas, you’re making a few style waves. With millions at stake in retail sales, this year’s World Cup in Qatar has soccer fans playing rate the shirt — and what to

NEW YORK (AP) — Most stocks are rising on Wall Street Friday, led by Apple, Exxon Mobil and other companies that made even bigger profits during the summer than expected. The S&P 500 was 0.7% higher and on pace to close out a second straight week of gains for the first time since August. The

KYIV, Ukraine (AP) — Ukrainian authorities have announced further rolling blackouts in and around the country’s largest cities amid ongoing Russian strikes targeting energy infrastructure. Ukrenergo, the sole operator of Ukraine’s high-voltage transmission lines, says “emergency outages” of four hours a day or more have resumed in the Kyiv region. The capital region’s governor says

By FARAI MUTSAKA Associated Press HARARE, Zimbabwe (AP) — Zimbabwe’s president has opened a ruling party congress that is set to renominate him as the party’s presidential candidate for next year’s election, but soaring inflation and a government crackdown on dissent are fueling tensions in the southern African nation. The ruling ZANU-PF party on Saturday

By ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street pointed toward declines before markets opened Friday, but most major U.S. indices were still on track for rare back-to-back weekly gains, as an awful week for technology companies comes to a close and the Elon Musk era at Twitter begins. Futures for the Dow

By GEIR MOULSON Associated Press BERLIN (AP) — The German economy grew in the third quarter, an unexpectedly positive performance powered largely by private spending. But the immediate outlook for Europe’s biggest economy remained gloomy, with inflation rising again in October. The Federal Statistical Office said Friday that gross domestic product in Europe’s biggest economy

By CATHY BUSSEWITZ AP Energy Writer Exxon Mobil broke records again with its profits in the third quarter. The oil giant raked in $19.7 billion in net income. The Irving, Texas company brought in $112.07 billion in revenue during the quarter. That’s more than double what it made during the same time last year. At

By BARBARA ORTUTAY, TOM KRISHER and MATT O’BRIEN AP Business Writers Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. The question now is what the billionaire Tesla CEO will actually do with the social media platform. The New York Stock Exchange began the process Friday to delist

By ELAINE KURTENBACH AP Business Writer Shares skidded Friday in Europe and Asia, with heavy selling of technology shares pulling Hong Kong’s benchmark 3.7% lower. Germany’s DAX dropped 0.9% to 13,090.91 and the CAC40 in Paris lost 0.6% to 6,205.73. Britain’s FTSE 100 shed 0.6% to 7,029.81. The future for the S&P 500 was down

BERLIN (AP) — The German economy grew in the third quarter, an unexpectedly positive performance powered largely by private spending. The Federal Statistical Office said Friday that gross domestic product in Europe’s biggest economy expanded by 0.3% in the July-September period compared with the previous quarter. That followed a slight increase of 0.1% in the

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s Cabinet has approved a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow from inflation, signaling that the greater concern of its policymakers is that the economy will stall, not overheat. While central banks around the world are raising

NEW DELHI (AP) — An official from India’s ruling party says he will sue an independent local news website after it reported in a now-retracted story that Meta, the social media giant, granted him extraordinary powers to censor Instagram posts. Amit Malviya’s planned legal action comes after The Wire wrote a series of sensational stories

By ELAINE KURTENBACH AP Business Writer Shares were mostly lower in Asia on Friday after a mixed session on Wall Street, where tech sector losses offset gains in other parts of the market. Tokyo’s benchmark slipped as the government was preparing about $490 billion in stimulus spending to help the world’s No. 3 economy cope

By BARBARA ORTUTAY, TOM KRISHER and MATT O’BRIEN AP Business Writers Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Thursday night. The people wouldn’t say if all the paperwork for the deal, originally valued at $44 billion,

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon has reported that it returned to profitability after two consecutive quarters of losses this year. But its stock tumbled due to weaker-than-expected revenue as well as the company’s disappointing projections for the current quarter. Amazon reported revenue of $127.1 billion, less than the $127.4