AP National Business

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly declined Tuesday amid a global fall in technology shares, including Japan’s SoftBank, which has reported hefty losses caused by the market downturn. Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher

BEIJING (AP) — Chinese authorities have closed Tibet’s famed Potala Palace after a minor outbreak of COVID-19 in the Himalayan region. The response underscores China’s continued adherence to its hard-line “zero-COVID” policy, mandating lockdowns, quarantines and travel restrictions, even while most other countries have reopened. A notice on the palace’s social media site said the

By ASTRID SUAREZ and MANUEL RUEDA Associated Press BOGOTA, Colombia (AP) — Colombia’s first leftist president has presented an ambitious tax plan that aims to raise up to $11 billion a year for anti-poverty programs. Gustavo Petro was sworn into office on Sunday, and has promised to fight economic inequality while investing in rural areas

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — A Southwest Airlines flight attendant suffered a compression fracture to a vertebra in her upper back during a hard landing last month in California, according to federal safety investigators. The National Transportation Safety Board said the impact of landing was so hard that the flight attendant

Associated Press NEW YORK (AP) — It’s an old and new media marriage: Axios Media, the digital news site known for its to-the-point blurbs on politics, tech and business, is being acquired by Cox Enterprises, the media conglomerate that owns the Atlanta Journal-Constitution, the Kelley Blue Book and major broadband internet services. Cox said Monday

By LAURAN NEERGAARD and SHELBY LUM Associated Press DUNCANSVILLE, Pa. (AP) — Researchers are seeking thousands of volunteers in the U.S. and Europe to test the first potential vaccine against Lyme disease in 20 years — in hopes of better fighting the tick-borne threat. Lyme is a growing problem, with cases rising and warming weather

The Associated Press Stocks closed flat on Wall Street as investors prepare for a busy week of updates on inflation. The S&P 500 gave up early gains and closed lower. The Dow Jones Industrial Average edged higher and the Nasdaq fell slightly. Small-company stocks outpaced the broader market in a sign of investors’ confidence in

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Viatris, First Solar rise; Tyson Foods, Nvidia fall.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Major stock indexes on Wall Street gave up early gains and ended a choppy day of trading little changed Monday. The S&P 500 and Nasdaq each slipped 0.1% after shedding gains of 1% and 1.6%, respectively. The Dow Jones Industrial Average closed 0.1% higher. Small-company

By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — Russia and Ukraine traded accusations Monday that each side is shelling Europe’s biggest nuclear power plant in southern Ukraine. Russia claimed that Ukrainian shelling caused a power surge and fire and forced staff to lower output from two reactors, while Ukraine has blamed Russian troops for

WASHINGTON (AP) — Federal safety officials have confirmed they will let Boeing resume deliveries of the 787 Dreamliner jet. The Federal Aviation Administration said Monday it expects Boeing to start shipping out the long-shelved planes in the coming days. American Airlines expects to get one of the new planes as early as Wednesday. Production has

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks turned mixed in afternoon trading on Wall Street Monday as investors prepare for a busy week of updates on inflation. The S&P 500 gave up its early gains and was down 0.2% as of 2:35 p.m. Eastern. The Dow Jones Industrial Average rose 10

Associated Press NEW YORK (AP) — Axios Media is being acquired by Cox Enterprises, which says it plans to push the online news provider into new markets while broadening its coverage.  Axios, citing sources, reported Monday that the deal is worth $525 million. Cox, a conglomerate whose other media companies include The Atlanta Journal-Constitution and

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks rose in afternoon trading on Wall Street Monday as investors prepare for a busy week of updates on inflation. The S&P 500 rose 0.4% as of 12:02 p.m. Eastern. The Dow Jones Industrial Average rose 134 points, or 0.4%, to 32,938 and the

By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — Russia and Ukraine are trading accusations that each side is shelling Europe’s biggest nuclear power plant in southern Ukraine. Russia claimed that Ukrainian shelling caused a power surge and fire and forced staff to lower output from two reactors, while Ukraine has blamed Russian troops for

Associated Press NEW YORK (AP) — Stocks are opening slightly higher on Wall Street with gains spread widely across sectors. Pharmaceutical company Viatris is leading the S&P 500 higher after it reported strong quarterly results early Monday. The benchmark index is up 0.6% just after the opening bell, and the Nasdaq and Dow Jones industrials

By DAVID KOENIG AP Airlines Writer FORT WORTH, Texas (AP) — Derek Kerr might have the hardest job in the airline business. He’s the chief financial officer of American Airlines, and that means it’s his job to fix a balance sheet that has been battered by borrowing money so American could survive the pandemic. American

ROME (AP) — Pope Francis is offering support to firefighters and search crews in Cuba following explosions at a big oil tank farm in the western province of Matanzas. Francis said in a telegram Monday to Cuban bishops that he was closely following news of the “unfortunate accident.” He said he was praying for all

By JUSTIN SPIKE Associated Press SLOVIANSK, Ukraine (AP) — The echo of artillery shells thundering in the distance mingles with the din of people gathered around Sloviansk’s public water pumps, piercing the uneasy quiet that smothers the nearly deserted streets of this eastern Ukrainian city. The members of Sloviansk’s dwindling population only emerge — a

BERLIN (AP) — BioNTech, which teamed with Pfizer to develop a powerful COVID-19 vaccine, has reported higher revenue and net profit in the first half of the year. The German pharmaceutical company said Monday that it expects demand to grow as it releases updated vaccines to target new omicron strains. BioNTech said the dynamic nature