AP National Business

By DEE-ANN DURBIN AP Business Writer U.S. shoppers are giving plant-based burgers a pass. Plant-based meat company Beyond Meat says its revenue dropped in the fourth quarter due to weak retail demand. The company based in El Segundo, California, said Thursday that its net revenue fell 1.2% to $100.7 million in the October-December period. That

By The Associated Press Canada has become the first country to authorize use of a plant-based COVID-19 vaccine. The vaccine is made by Medicago of Quebec City and its partner GlaxoSmithKline. Canadian regulators said Thursday the two-dose vaccine can be given to adults ages 18 to 64. Medicago uses plants as living factories to grow

By DAVID PITT Associated Press DES MOINES, Iowa (AP) — Iowa Attorney General Tom Miller says dramatic increases in the price of farm fertilizers have prompted him to look into the causes and whether farmers have been subjected to unfair practices. Miller on Thursday said U.S. Agriculture Secretary Tom Vilsack and other state attorneys general

By STAN CHOE AP Business Writer NEW YORK (AP) — Markets shuddered worldwide Thursday and swung sharply after Russia’s invasion of Ukraine threatened to push the high inflation squeezing the global economy even higher. Initially, stocks tumbled as fear coursed through markets and prices surged for oil, wheat and other commodities on worries the conflict

By RAF CASERT and SAM PETREQUIN Associated Press BRUSSELS (AP) — European Union leaders have agreed to impose sanctions against Russia that will have “massive and severe consequences.” During an emergency summit Thursday to condemn the invasion of Ukraine, the 27 member countries’ leaders approved punitive measures against Russia’s financial, energy and transport sectors and

By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s vice chancellor says Russia’s attack on Ukraine will cause western nations to stop buying Russian coal, oil and gas. Fossil fuel sales are an important source of income for Russia. Vice chancellor Robert Habeck said Thursday the crisis will strengthen the case for customers of Russian

By STAN CHOE AP Business Writer NEW YORK (AP) — Markets shuddered worldwide Thursday and swung sharply after Russia’s invasion of Ukraine threatened to push the high inflation squeezing the global economy even higher. Initially, stocks tumbled as fear coursed through markets and prices surged for oil, wheat and other commodities on worries the conflict

DETROIT (AP) — A federal judge is refusing to get involved in a spat between a lawyer for Tesla CEO Elon Musk and U.S. securities regulators, at least for now. In an order issued Thursday, District Judge Alison Nathan in Manhattan denied two requests from Musk attorney Alex Spiro and told him he could file

By MICHAEL CASEY and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants. Treasury also finds that the largest percentage of tenants receiving pandemic aid were Black households and that many

NEW YORK (AP) — The trial of a former Goldman Sachs banker accused in a massive international swindle has hit a snag. Prosecutors have admitted that emails and other documents were mistakenly withheld from defense. The 1MDB fraud case against Roger Ng went forward in federal court in Brooklyn on Thursday with testimony by the

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks tumbled worldwide Thursday after Russia’s attack of Ukraine sent fear coursing through markets and upped the pressure on the high inflation already squeezing the global economy. The S&P 500 sank 1.1% to continue its dismal start of the year. European stocks dropped even more,

By RAF CASERT and SAM PETREQUIN Associated Press BRUSSELS (AP) — World leaders are reacting to Russia’s invasion of Ukraine with raw outrage and vows of unprecedented sanctions that shroud a sense of powerlessness to defend Ukraine militarily without running the risk of a wider war in Europe. The European Union and the U.S. are

KALAMAZOO, Mich. (AP) — Federal authorities say a strain of highly pathogenic avian influenza has been detected in Michigan in a non-commercial backyard flock of birds in Kalamazoo County. The Michigan cases were confirmed by the U.S. Department of Agriculture through laboratory testing. The USDA said Thursday that Michigan officials have quarantined the Kalamazoo County

DALLAS (AP) — A judge has approved a settlement of a lawsuit in which Boeing investors accused company directors of failing to properly oversee safety issues around the 737 Max. Under the settlement, insurers for several current and former Boeing directors will pay $237.5 million. The money will go to Boeing because investors sued on

By RAF CASERT and FOSTER KLUG Associated Press BRUSSELS (AP) — British Prime Minister Boris Johnson has pledged to hit Russia hard for its aggression in Ukraine and ordered an asset freeze against all main Russian banks. That included VTB, Russia’s second-largest bank. Johnson said his government would aim to cut off Russia from the

By TOM MURPHY AP Health Writer Federal regulators are suing to block UnitedHealth Group’s purchase of the technology company Change Healthcare, a deal announced more than a year ago. The U.S. Department of Justice said Thursday that the proposed deal would hurt competition in markets for health insurance and technology used by insurers to process

By ELLEN KNICKMEYER and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — With Russia’s military attacking across Ukraine, President Joe Biden is expected to roll out at least some of the toughest sanctions and financial penalties that the U.S. can muster in response. Biden for weeks has promised “swift and severe costs” if Russian forces moved

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks tumbled worldwide Thursday after Russia’s attack of Ukraine sent fear coursing through markets and upped the pressure on the high inflation already squeezing the global economy. The S&P 500 sank 1% to continue its dismal start of the year. European markets dropped even more,

MIAMI BEACH, Fla. (AP) — An alcohol ban designed to curb heavy late night drinking among spring breakers in Miami Beach will be in effect for two weeks in March. The city’s commissioners voted 4-3 Wednesday to prohibit the sale and consumption of alcohol after 2 a.m. between March 7 and March 21 along the