AP National Business

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares are mostly higher ahead of another round of peace talks between Russia and Ukraine. Crude oil prices fell further after sinking 7% on Monday. On Wall Street, the S&P 500 ended 0.7% higher. Tesla jumped 8% after saying it would seek shareholder approval to

By ALICE FUNG and JANICE LO Associated Press HONG KONG (AP) — Hong Kong is running short of coffins during its deadliest outbreak of the coronavirus pandemic, which has cost about 6,000 lives so far this year. Cremation is a common burial practice in the densely populated city, but mortuaries are being strained by the

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s Treasurer Josh Frydenberg says the government’s upcoming budget will increase spending on defense and national security while reducing household expenses. Frydenberg will reveal the budget Tuesday for the fiscal year beginning July 1 with an eye to Australia’s general elections that are due by May

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Plantronics, STAAR Surgical rise; Barclays, Citigroup fall.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks shook off a midday slump and closed higher on Wall Street, though energy companies ended in the red as crude oil prices fell sharply. The S&P 500 ended 0.7% higher Monday, after being down as much as 0.6%. Tesla jumped 8% after saying it

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Commerce Department says it is investigating whether imports of solar panels from Southeast Asia are circumventing anti-dumping rules that restrict direct imports from China. Clean energy leaders say the investigation, which could result in retroactive tariffs of up to 240%, would severely hinder the U.S. solar

By DAVID BAUDER AP Media Writer NEW YORK (AP) — The television audience for the Academy Awards appears to be up from last year’s record low, but is still not at the level that the annual awards show is accustomed to. ABC, releasing preliminary Nielsen company estimates, said 15.36 million people watched Sunday’s show, up

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stock indexes are mixed on Wall Street Monday afternoon as crude oil prices slump and bond yields fall. The S&P 500 was up less than 0.1% after wavering between gains and losses. Tesla jumped after saying it is considering another stock split. Banks and energy

DALLAS (AP) — Customer-service agents at Southwest Airlines will be voting on a new contract that would give them pay raises totaling more than 16% over the next three years. The machinists’ union said it reached the tentative agreement on Monday. The deal would cover about 7,000 Southwest employees. The proposed contract is the latest

LONDON (AP) — Tennis great Boris Becker has told a jury about his struggles with money including payments for an “expensive divorce” and debts when he lost large chunks of his income after retirement. Becker is on trial in London accused of failing to hand over his assets after he was declared bankrupt. The 54-year-old

DETROIT (AP) — A small maker of autonomous vehicle systems could be in hot water with U.S. highway safety regulators over how quickly it reported the crash of a test vehicle last fall. The National Highway Traffic Safety Administration says in documents released Monday that it’s investigating Pony.ai’s reporting of an Oct. 28 crash in

By DAMIAN J. TROISE AP Business Writer Stocks turned lower in afternoon trading on Wall Street Monday as crude oil prices slumped and bond yields fell. The S&P 500 fell 0.4%, the Dow Jones Industrial Average fell 0.8% and the Nasdaq fell 0.3%. Tesla jumped after saying it is considering another stock split. Technology stocks