AP National Business

NEW YORK (AP) — The Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal. Both One Medical and Amazon received a request for additional information Friday in connection with an FTC review of the merger, according to a

By OLGA R. RODRIGUEZ Associated Press SAN FRANCISCO (AP) — A Silicon Valley executive who prosecutors said lied to investors about inventing technology that tested for allergies and COVID-19 using only a few drops of blood and charged up to $10,000 per allergy test was found guilty of health care fraud, authorities announced Friday. A

GENEVA (AP) — The Swiss financial markets watchdog says Sberbank, one of Russia’s largest banks, is selling its Swiss subsidiary that had come under pressure because of international sanctions on Russian interests over the invasion of Ukraine. Terms were not disclosed in the sale to Geneva’s Groupe M3. Sberbank (Switzerland) AG, which focuses on trade

The Associated Press Stocks gave up an early rally and ended lower on Wall Street, marking their third losing week in a row. Indexes had opened higher following a report on the job market that showed a moderate slowdown in hiring. That stoked cautious optimism that the Federal Reserve may not need to be as

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Broadcom, Lululemon rise; Oxford Industries, HashiCorp fall

By ALEX VEIGA AP Business Writer Stocks gave up an early rally and closed lower Friday, marking their third losing week in a row and extending Wall Street’s late-summer slump. Major stock indexes initially climbed broadly following the government’s latest job market report, which showed employers slowed their hiring in August. The report put traders

By JAMES MacPHERSON Associated Press BISMARCK, N.D. (AP) — Federal authorities reviewing a Chinese company’s purchase of land in North Dakota for a wet corn milling plant say more information is needed before they can decide whether project is detrimental to national security. Fufeng Group’s planned $700 million project in Grand Forks is near a

By BRIAN MELLEY Associated Press LOS ANGELES (AP) — A Los Angeles federal judge threw out an indictment Friday charging a dive boat captain with manslaughter in the deaths of 34 people in a 2019 fire aboard a vessel anchored off the Southern California coast. The ruling came on the third anniversary of one of

By JAMES MacPHERSON Associated Press BISMARCK, N.D. (AP) — North Dakota’s Supreme Court has reversed a lower court decision that sided with a Houston-based energy company in a dispute involving oil and natural gas royalties. It’s a decision that could eventually mean millions of dollars for the state’s public schools and colleges. The case stems

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The nation’s job market last month delivered what the Federal Reserve and nervous investors had been hoping for: A Goldilocks-style hiring report. Job growth was solid — not too hot, not too cold. And more Americans began looking for work, which could ease worker shortages over

By ALEX VEIGA AP Business Writer Stocks turned lower on Wall Street in afternoon trading Friday, shedding all their gains from an early rally that followed the release of the government’s latest job market update. The report, which showed employers slowed their hiring in August, initially put traders in a buying mood, stoking cautious optimism

ST. PAUL, Minn. (AP) — A legislative audit of the Southwest light rail project shows the cost of Minnesota’s most expensive public works project has more than doubled over the past decade to $2.7 billion. The report released Friday by the nonpartisan Office of the Legislative Auditor says the rail line connecting downtown Minneapolis and

By GEIR MOULSON and JOANNA KOZLOWSKA Associated Press BERLIN (AP) — Europe’s energy crisis loomed larger Friday after Russian energy giant Gazprom said it couldn’t resume the supply of natural gas through a major pipeline to Germany for now. The company cited what it said was a need for urgent maintenance work to repair key

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The U.S. Food and Drug Administration has posted another negative review of a closely watched drug for the deadly neurodegenerative disease ALS. The FDA review comes ahead of a rare meeting next week where drugmaker Amylyx will have a second opportunity to make a public case

By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden and Commerce Secretary Gina Raimondo are announcing $1 billion in federal grants for manufacturing, clean energy, farming, biotech and more. The grants announced Friday go to 21 regional partnerships across the nation. The government chose the winners from 529 applicants that vied for grants

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — America’s employers added a healthy number of jobs last month, yet slowed their hiring enough to potentially help the Federal Reserve in its fight to reduce raging inflation. The economy gained 315,000 jobs in August, a still-solid figure that pointed to an economy that remains resilient

PARIS (AP) — France’s minister for energy transition says French electricity giant EDF has committed to restart all its nuclear reactors by this winter to help the country through the energy crisis aggravated by the war in Ukraine. Agnes Pannier-Runacher said Friday the government is taking steps to “avoid restrictive measures” over energy use in

By ALEX VEIGA AP Business Writer Stocks are broadly higher in midday trading Friday after a report showing employers slowed their hiring in August stoked cautious optimism on Wall Street that the Federal Reserve may not need to raise interest rates as aggressively in its ongoing bid to tame inflation. The S&P 500 was up

By DITA ALANGKARA and EDNA TARIGAN Associated Press JAKARTA, Indonesia (AP) — An initial set of Chinese-made train cars for Indonesia’s first high-speed railway has arrived in Jakarta’s port. The 142-kilometer (88-mile) railway worth $5.5 billion is being constructed by a joint venture between an Indonesian consortium of four state-owned companies and China Railway International