AP National Business

By YURI KAGEYAMA Associated Press TOKYO (AP) — Issey Miyake, who built one of Japan’s biggest fashion brands and was known for his boldly sculpted pleated pieces as well as former Apple CEO Steve Jobs’ black turtlenecks, has died. He was 84. Miyake died last Friday of liver cancer, Miyake Design Office said Tuesday. Miyake

By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Reporters SAN FRANCISCO (AP) — A former Twitter employee has been convicted of failing to register as an agent for Saudi Arabia and other charges after accessing private data on users critical of the kingdom’s government in a spy case that spanned from Silicon Valley to the

By SEUNG MIN KIM, JOSH BOAK and CHRIS MEGERIAN Associated Press WASHINGTON (AP) — President Joe Biden’s legislative victories have aimed to position the U.S. to “win the economic competition of the 21st century,” but his investments to boost the nation’s technology, infrastructure and climate resilience over the next decade are set against a 90-odd-day

WASHINGTON (AP) — Postmaster General Louis DeJoy says inflation is going to necessitate another rate increase in January. But he said Tuesday that despite inflation and staffing difficulties the Postal Service is well prepared for the November election. He noted that postal carriers already delivered about 40 million ballots to and from voters. He also

The Associated Press Stocks are closing lower on Wall Street as disappointing earnings reports weighed on technology and travel companies. The S&P 500, the Dow Jones Industrial Average and the Nasdaq fell. Chipmaker Micron Technology fell after warning investors that revenue could fall short of forecasts because of weakening demand. Norwegian Cruise Line plunged after

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Micron, Novavax fall; Qualys, Nielsen Holdings rise.

NEW YORK (AP) — Chipotle Mexican Grill will pay $20 million to current and former workers at its New York City restaurants for violating city labor laws, Mayor Eric Adams announced Tuesday. According to investigators, Chipotle’s violations of the city’s Fair Workweek law included failing to post work schedules 14 days in advance, pay a

NEW YORK (AP) — Chipotle Mexican Grill will pay $20 million to current and former workers at its New York City restaurants for violating city labor laws, Mayor Eric Adams announced Tuesday. The settlement between the city and the California-based fast-food chain covers about 13,000 employees who worked at the chain’s New York City outlets

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months. Thanks largely to falling gas prices, the government’s inflation report for July, to be released Wednesday morning,

By CHRIS MEGERIAN Associated Press WASHINGTON (AP) — Many pieces of President Joe Biden’s domestic agenda have been jettisoned over the last year, but his proposals on climate change remain largely intact. The legislation passed by the Senate over the weekend is expected to receive a vote in the House on Friday. The White House

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s company has now bought up more than $11 billion worth of Occidental Petroleum stock this year to give Berkshire Hathaway control of more than 20% of the oil producer. Occidental’s stock jumped nearly 5% Tuesday to trade for $62.89 after Buffett revealed his

WASHINGTON (AP) — President Joe Biden on Tuesday signed a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China. Flanked by scores of lawmakers, union officials, local politicians and business leaders, Biden feted the legislation, a core part of his economic agenda that will

Several countries in Europe dependent on Russian energy are suffering another blow with confirmation that oil shipments have stopped through a critical pipeline. Russia’s state pipeline operator, Transneft, said it had stopped shipments through the southern branch of the Druzhba oil pipeline, which flows through Ukraine to the Czech Republic, Slovakia and Hungary. Transneft cited

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s company has now bought up more than $11 billion worth of Occidental Petroleum stock this year to give Berkshire Hathaway control of more than 20% of the oil producer. Occidental’s stock jumped nearly 5% Tuesday to trade for $62.89 after Buffett revealed his

BEIJING (AP) — The top South Korean and Chinese diplomats have pledged to develop closer relations and maintain stable industrial supply chains at a time of deepening rivalry between Beijing and Washington. South Korea is struggling to strike a balance between Washington and the increasingly assertive foreign policy of Chinese President Xi Jinping’s government. Foreign

By CARA ANNA Associated Press NAIROBI, Kenya (AP) — Kenya is seeing lower voter turnout in an unusual presidential election as some voters cite little hope of change. A longtime opposition leader who is backed by the outgoing president faces the deputy president who styles himself as the outsider. The electoral commission says turnout was

New research indicates that state laws that are broadly worded to prohibit drivers from holding a cell phone under any circumstance appear to be effective in reducing rear-end crashes. The research paper, published by the Insurance Institute for Highway Safety on Tuesday, looked at data from Oregon, Washington and California and compared it to Colorado

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks on Wall Street extended their recent run of losses Tuesday as investors reviewed disappointing earnings reports and looked ahead to the release of an inflation snapshot closely watched by the Federal Reserve. The S&P 500 fell 0.4%, marking its fourth consecutive drop. The Dow

By CARA ANNA Associated Press NAIROBI, Kenya (AP) — Kenyans voted Tuesday in an unusual presidential election where a longtime opposition leader who is backed by the outgoing president faces the brash deputy president who styles himself as the outsider. Turnout appeared lower than usual as some voters cited little hope of real change. The