AP National Business

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Bed Bath & Beyond says that it will shutter stores and lay off workers in a bid to turn around its beleaguered business. The home goods retailer based in Union, New Jersey, said Wednesday it will close about 150 of its namesakes stores and slash

By ALEX VEIGA AP Business Writer A choppy day of trading ended Wednesday with a broad slide for stocks as Wall Street closed the books on a rocky August that started off strong, but wound up leaving the market deeper in the red for the year. The S&P 500 fell 0.8%, extending its losing streak

By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — New Mexico’s governor has signed a new executive order that pledges $10 million to build a clinic that would provide abortions and other pregnancy care. Democrat Michelle Lujan Grisham said Wednesday that “the goal here is build it and they will come.” She said New

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — An international banker accused of bribing Puerto Rico’s then-governor to undermine an investigation into his institution has turned himself in and pleaded not guilty. Julio Herrera Velutini is a citizen of Venezuela and Italy and was thought to be living in the United Kingdom.

By ALEX VEIGA AP Business Writer Stocks are modestly lower in choppy afternoon trading Wednesday as Wall Street closes the books on a rocky August that started off strong, but left the market deeper in the red. The S&P 500 was down 0.4% as of 2:04 p.m. Eastern, after wavering between small gains and losses.

By MICHAEL HILL Associated Press SCHOHARIE, N.Y. (AP) — A judge rejected a plea agreement that would have meant no prison time for the operator of a limousine company involved in a crash that killed 20 people in upstate New York. Wednesday’s turnabout drew applause and tears from victims’ relatives and plunged limo company boss

By ALEX VEIGA AP Business Writer Stocks are mixed in choppy midday trading Wednesday as Wall Street prepares to close the books on a rocky August that started off strong, but left the market deeper in the red. The S&P 500 was down 0.1% as of 12:36 p.m. Eastern, after wavering between small gains and

GENEVA (AP) — The number of new coronavirus cases and deaths reported globally continued to fall nearly everywhere in the world in what the World Health Organization described as a “welcome decline” at a media briefing on Wednesday. The U.N. health agency said there were 4.5 million new COVID-19 cases reported last week, a 16%

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — The Kremlin treaded carefully Wednesday reacting to Mikhail Gorbachev’s death, praising his prominent role in reshaping 20th-century history but noting his “romantic” view of the West. The Kremlin’s ambivalence was reflected in the uncertainty about funeral arrangements. An iconic central venue chosen for Saturday’s farewell ceremony has

By ALEX VEIGA AP Business Writer Stocks shed early gains and are edging lower in morning trading Wednesday as Wall Street prepares to close the books on a rocky August that started off strong, but left the market deeper in the red. The S&P 500 was down 0.3% as of 11:13 a.m. Eastern. The benchmark

By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — The parent company of social media platform Snapchat said Wednesday that it is letting go of 20% of its staff as it reorganizes and tries to reduce costs in the face of declining ad sales. In a letter to staff posted on Snap Inc.’s

By REGINA GARCIA CANO Associated Press LOS PATIOS, Colombia (AP) — About 6.8 million Venezuelans have left their homeland since economic crisis took hold in earnest for the country of some 28 million people. That huge migration slowed as the pandemic cut economic opportunities and complicated travel across the region and Venezuela’s socialist government adopted

By The Associated Press The Soviet Union seemed an immovable superpower in perpetual antagonism to the United States Before Mikhail Gorbachev came along. But Gorbachev changed all that with a breathtaking series of reforms and redirected the course of the 20th century. He died Tuesday at a Moscow hospital at age 91. Gorbachev was a

By LORNE COOK Associated Press PRAGUE (AP) — European Union countries have agreed on the need to make it harder for Russian citizens to enter the 27-nation bloc. But the EU failed Wednesday to find any consensus on imposing an outright tourist ban in response to Russia’s war on Ukraine. EU foreign policy chief Josep

By SYLVIA HUI Associated Press LONDON (AP) — The two candidates vying to become Britain’s next prime minister are making their final push to win over Conservative Party members ahead of a leadership announcement on Monday. Britain has been rudderless for weeks as it endures a deepening cost-of-living crisis, the worst to hit the country

By ALEX VEIGA AP Business Writer Stocks are modestly higher in early trading Wednesday as Wall Street prepares to close the books on a rocky August that started off strong, but left the market deeper in the red. The S&P 500 is up 0.4% as of 10 a.m. Eastern. The benchmark index is coming off