AP National Business

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — A new electric car company that brings together two big names in Japanese business, Honda and Sony, has officially kicked off. The companies say they share common values of taking up challenges and serving people’s needs. The electric vehicle from Sony Honda Mobility will go on

By JOE McDONALD AP Business Writer BEIJING (AP) — European stocks and Wall Street futures gained Thursday while Asian markets fell ahead of U.S. inflation data that investors worry will reinforce Federal Reserve plans for more aggressive interest rate hikes. London and Frankfurt advanced. Shanghai, Tokyo and Hong Kong declined. Oil prices advanced. Wall Street’s

By JOE McDONALD AP Business Writer BEIJING (AP) — A meeting of the ruling Communist Party to install leaders gives President Xi Jinping, China’s most influential figure in decades, a chance to stack the ranks with allies who share his vision of intensifying pervasive control over entrepreneurs and technology development. The only question is whether

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen is seeking to project confidence in the U.S. financial outlook while pledging vigilance in responding to “risks on the horizon.” She’s offering that message as global finance leaders gather in Washington to discuss the increasingly dismal view of the global economy. Yellen

By JESSICA GRESKO Associated Press WASHINGTON (AP) — Andy Warhol and Prince held center stage in a copyright case before the Supreme Court on Wednesday that veered from Cheerios and “Mona Lisa” analogies to Justice Clarence Thomas’ enthusiasm for the “Purple Rain” showman. Despite the light nature of the arguments at times involving two deceased

The Associated Press Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day. The S&P 500 gave back 0.3% Wednesday, its sixth consecutive loss. The Dow and Nasdaq ended with smaller losses. Yields on the 2-year and

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: PepsiCo, Moderna rise; Cameco, Owens & Minor fall.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers A wobbly day of trading on Wall Street ended with a modest pullback for stocks Wednesday as investors weighed a report showed that inflation remains very hot, likely paving the way for more aggressive interest rate hikes by the Federal Reserve. A late-afternoon drop erased

By ALEXANDRA OLSON AP Business Writer NEW YORK (AP) — The federal labor board has scheduled a November vote on a petition from Home Depot workers in Philadelphia to form what could be the first storewide union at the world’s largest home improvement retailer. The National Labor Relations Board said Wednesday the vote will take

By ALEXANDER TURNBULL and SYLVIE CORBET Associated Press PARIS (AP) — French President Emmanuel Macron is promising that the situation in the country’s gas stations will soon be back to “normal.” The government has started requisitioning some workers at ExxonMobil’s Esso gas stations amid a strike that is making life difficult for French drivers. Macron

SAN JUAN, Puerto Rico (AP) — A federal judge has approved a plan to restructure some $6 billion of debt held by Puerto Rico’s Highways and Transportation Authority as the U.S. territory emerges from bankruptcy. The plan approved Wednesday saves Puerto Rico more than $3 billion in debt service payments, according to a federal control

By DAVID BAUDER AP Media Writer NEW YORK (AP) — CNN is launching its new morning show a week before the midterm elections, before a new set is even built, to try and take advantage of an expected bump in viewership at the time. The show will debut in temporary quarters in New York on

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Federal Reserve officials at their last meeting stressed their commitment to taming “unacceptably high’’ inflation before announcing that they were raising their benchmark interest rate by a substantial three-quarters of a point for a third straight time and signaling more large rate hikes ahead. In minutes

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks edged higher, though trading remain unsettled on Wall Street Wednesday after a report showed that inflation remains very hot. The indexes were little changed following the release of the minutes from the Federal Reserve’s last interest rate policy meeting. The minutes show Fed officials

By ADAM SCHRECK and HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Unbowed Western powers pledged to supply Ukraine with more potent air defense systems following a furious barrage of retaliatory Russian missile strikes, including one that temporarily knocked Europe’s biggest nuclear plant off the invaded country’s electrical grid Wednesday. The Russian-occupied Zaporizhzhia Nuclear Power

By SUSAN HAIGH Associated Press HARTFORD, Conn. (AP) — The Republican candidate for governor in Connecticut has acknowledged for the first time that he has been a consultant for a proposed futuristic city in Saudi Arabia, backed by the powerful Saudi Crown Prince Mohammed bin Salman. The confirmation, first included in an article published Wednesday

By JONATHAN MATTISE Associated Press NASHVILLE, Tenn. (AP) — Republican-led Tennessee will officially take its voters’ temperature on an organized labor issue in November, as unions sprout in Starbucks storefronts and elsewhere nationally. Lawmakers there have offered a ballot amendment asking voters whether Tennessee’s existing ban on workplaces with union shops requiring covered employees to