AP National Business

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — U.S. Treasury Secretary Janet Yellen and Japan’s finance minister have agreed to cooperate in dealing with challenges from the war in Ukraine and promoting free trade, sustainable energy and food security. Yellen was visiting Tokyo on Tuesday for talks ahead of a meeting of the Group

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Mere years ago, fuel was cheaper than bottled water in the oil-rich United Arab Emirates. Now, long lines snake outside gas stations on the eve of price hikes each month. Fuel prices in the major OPEC producer, set in line with global oil price

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares fell Tuesday after a slump on Wall Street erased recent gains. U.S. futures and oil prices also declined. Investors are on the lookout this week for updates on inflation and corporate profits, while renewed coronavirus outbreaks are adding to jitters. The euro cost $1.0025,

By HALELUYA HADERO AP Business Writer Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic. The company has long used the two-day event to lure people to its Prime membership. This year, it could help Amazon boost profitability amid a slowdown in overall online

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Gap Inc. has announced that its CEO and president Sonia Syngal is stepping down from her role after two years on the job, effective immediately. The move, announced Monday, comes as the San Francisco-based clothing company, which operates stores under its namesake, Old Navy, Banana

The Associated Press Wall Street is back to falling on Monday, ahead of a busy week with updates scheduled for how bad inflation is and how corporate profits are handling it. The S&P 500, the Dow Jones Industrial Average and the Nasdaq all closed lower. Wynn Resorts and Las Vegas Sands slumped after COVID infections

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street got back to slumping Monday to kick off a week full of updates about how bad inflation is and how corporate profits are handling it. The S&P 500 fell 1.2% and gave up the majority of its gains from

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Twitter, Las Vegas Sands fall; Mullen, La Jolla rise.

By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Writers In the latest twist in the Twitter-Elon Musk saga, the company has sued the billionaire Tesla CEO in an attempt to force him to complete his $44 billion takeover. Twitter claims in a lawsuit filed Tuesday in Delaware that Musk’s “outlandish” and “bad faith” actions have

By JADE LE DELEY and BARBARA SURK Associated Press PARIS (AP) — French lawmakers have failed to pass a no-confidence motion requested by a leftist coalition to symbolically mark their opposition to President Emmanuel Macron’s government and economic policies. It came as Macron’s critics questioned his cozy relations with Uber after an international media investigation

By AADIT TAMBE, STEPHEN NEUKAM, KATE SELTZER, RACHEL LOGAN, HENRY KUCZYNSKI, EMMETT GARTNER, TRISHA AHMED, ABBY ZIMMARDI, MICHAEL PURDIE, SHREYA VUTTALURU, JAMIE LIN PINZON / Howard Center for Investigative Journalism Howard Center for Investigative Journalism WARREN, Mich. (AP) — Lottery retailers in nearly every state are clustered in lower-income neighborhoods, driving a wealth transfer from

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street is back to falling on Monday, ahead of a busy week with updates scheduled for how bad inflation is and how corporate profits are handling it. The S&P 500 was 0.6% lower in afternoon trading, after earlier being down

LONDON (AP) — Monty Norman, a British composer who wrote the theme tune for the James Bond films, has died. He was 94. A statement posted Monday on Norman’s official website said: “It is with sadness we share the news that Monty Norman died on 11th July 2022 after a short illness.” Born Monty Noserovitch

By DAVID KOENIG AP Airlines Writer Frontier Airlines admits it’s still far short of the shareholder votes it needs to merge with Spirit Airlines, and it’s asking for another potential delay in the vote. Frontier CEO Barry Biffle said in a letter made public Monday that if the merger still lacks enough support from Spirit

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — St. Louis Federal Reserve president James Bullard says last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates. Financial markets are flashing signs that an economic downturn could arrive

By LORI HINNANT and VASILISA STEPANENKO Associated Press KYIV, Ukraine (AP) — The captive Ukrainian medic’s eyeglasses had long since been taken away, and the face of the Russian man walking past her was a blur. Yuliia Paievska knew only that her life was being traded for his, and that she was leaving behind 21

By JADE LE DELEY Associated Press PARIS (AP) — Lawmakers are debating a no-confidence motion Monday in the French National Assembly, requested by a leftist coalition to symbolically mark their opposition to the government and President Emmanuel Macron’s economic policies. The motion is unlikely to be adopted by lawmakers, since it must get approval from

By DAVID KOENIG AP Airlines Writer Frontier Airlines admits it’s still far short of the shareholder votes it needs to merge with Spirit Airlines, and it’s asking for another potential delay in the vote. Frontier CEO Barry Biffle said in a letter made public Monday that if the merger still lacks enough support from Spirit