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AP Top News - Business - Stories

For many motel dwellers, eviction ban provides no relief

ATLANTA (AP) — For more than five years, home for Armetrius Neason has been a hotel outside Atlanta. He's adorned the walls with dozens...

Big Tech’s outsized influence draws state-level pushback

New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a...

Spurred by lockdown, Spain gives 4-day week a try

MADRID (AP) — After years of waiting tables, Danae De Vries is one step closer to achieving her lifetime dream of becoming a theater...

‘Treating us like robots’: Amazon workers seek union

BESSEMER, Ala. (AP) — Linda Burns was excited at first to land a job at the Amazon warehouse outside Birmingham, Alabama. The former nursing...

China erasing H&M from internet amid Xinjiang backlash

HONG KONG (AP) — H&M disappeared from the internet in China as the government raised pressure on shoe and clothing brands and announced sanctions...

Dominion Voting sues Fox for $1.6B over 2020 election claims

WASHINGTON (AP) — Dominion Voting Systems filed a $1.6 billion defamation lawsuit against Fox News on Friday, arguing the cable news giant, in an...

ThredUp’s shares pop in stock market debut

NEW YORK (AP) — Shares of ThredUp rose more than 40% in their stock market debut Friday, reflecting investor enthusiasm for the online seller...

Former top broker gets over 17 years for scamming clients

SCRANTON, Pa. (AP) — A former Pennsylvania financial adviser who earned millions by pushing high-risk, high-fee investments on unsuspecting retirees was sentenced Friday to...

S&P 500 returns to a record high after best day in weeks

NEW YORK (AP) — U.S. stocks burst to their best day in three weeks on Friday, helping Wall Street return to record heights and...

WeWork stock offer comes amid doubtful need for office space

NEW YORK (AP) — Uncertainty about demand for office space in a global pandemic is a big risk that investors will have to weigh...

Philanthropists call for more grants to aid Asian Americans

Nearly 500 philanthropy leaders, mostly from foundations, signed a letter Friday calling on grant makers to increase their support of nonprofits that benefit Asian...

EXPLAINER: What’s a SPAC, the latest craze on Wall Street?

CHARLOTTE, N.C. (AP) — WeWork will finally go public this year, allowing investors to buy and sell its shares. But not through a traditional...

In a leaky underwater rail tunnel, workers race against time

WEEHAWKEN, N.J. (AP) — Seven stories below street level on the edge of the Hudson River, a race against time is being waged, foot...

China sanctions Britons over West’s Xinjiang criticism

LONDON (AP) — China slapped sanctions on several British politicians and organizations Friday after the U.K. joined the European Union and others in sanctioning...

Shots in little arms: COVID-19 vaccine testing turns to kids

The 9-year-old twins didn’t flinch as each received test doses of Pfizer’s COVID-19 vaccine -- and then a sparkly bandage to cover the spot....

Consumer spending dipped 1% as winter storms raked the US

WASHINGTON (AP) — Consumers spending and personal incomes both fell sharply in February as severe winter storms disrupted shopping in many parts of the...

VW to seek damages from former executives for diesel scandal

BERLIN (AP) — Volkswagen is seeking damages from two former top executives for their role in the diesel emissions scandal that cost the German...

UK supermarket chain Asda loses ruling over equal pay claim

LONDON (AP) — More than 40,000 store workers at Asda, Britain's third-largest supermarket chain, can proceed with their yearslong claim for equal pay following...

EXPLAINER: Sanctioned Myanmar army businesses span spectrum

BANGKOK (AP) — The two huge Myanmar military-controlled conglomerates targeted by U.S. and UK sanctions following the army coup last month span a wide...

Nissan-Renault rift at center of Japanese trial of American

TOKYO (AP) — The trial of former Nissan executive Greg Kelly in a Tokyo court is increasingly focusing on a rift between Nissan Motor...

Australian envoy reportedly describes China as ‘vindictive’

CANBERRA, Australia (AP) — Australia’s ambassador to Beijing has reportedly described China as a “vindictive” and “unreliable” trading partner as Australian officials revealed steep...

Caesars puts pandemic losses at $2B, wants insurers to pay

LAS VEGAS (AP) — Casino giant Caesars Entertainment Inc. is putting its losses because of the coronavirus pandemic in 2020 at more than $2...

General says attacks by foreign hackers are ‘clarion call’

WASHINGTON (AP) — The U.S. Cyber Command conducted more than two dozen operations aimed at thwarting interference in last November's presidential election, the general...

Agency finds that Elon Musk tweet violated federal labor law

DETROIT (AP) — Tesla CEO Elon Musk has tweeted his way into trouble with another federal agency, this time the National Labor Relations Board. ...

Lawmakers press Big Tech CEOs on speech responsibility

WASHINGTON (AP) — The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them...

Fed says restrictions on bank dividends and buybacks to end

WASHINGTON (AP) — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had...

In shift, oil industry group backs federal price on carbon

WASHINGTON (AP) — The oil and gas industry's top lobbying group on Thursday endorsed a federal price on carbon dioxide emissions that contribute to...

EXPLAINER: Suez Canal block could hit product supply chains

The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick...

China attacks foreign clothing, shoe brands over Xinjiang

BEIJING (AP) — Chinese state TV called Thursday for a boycott of H&M as Beijing lashed out at foreign clothing and footwear brands following...

$500M fund to help Detroit neighborhoods, pay tax debt

DETROIT (AP) — A billionaire businessman whose companies have invigorated Detroit's downtown announced a $500 million fund to improve neighborhoods on Thursday, starting with...

Shipping losses mount from cargo vessel stuck in Suez Canal

ISMAILIA, Egypt (AP) — Dredgers, tugboats and even a backhoe failed to free a giant cargo ship wedged in Egypt’s Suez Canal on Thursday....

FDA panel rejects Pfizer’s arthritis drug as too risky

U.S. health advisers sharply criticized an experimental arthritis drug Thursday, saying that it was too risky, even with limits on its use. ...

GM expands board to 13 with Meg Whitman and NBA’s Mark Tatum

DETROIT (AP) — General Motors said Thursday that it has expanded its board to 13 members and appointed former Hewlett-Packard chief Meg Whitman and...

Senate votes to extend small biz loan program for 2 months

WASHINGTON (AP) — The Senate passed a bill 92-7 on Thursday to extend the deadline for business owners to apply for forgivable loans through...

Spielberg donates Genesis Prize money to justice nonprofits

NEW YORK (AP) — Steven Spielberg said Thursday that he will donate his $1 million Genesis Prize to 10 nonprofits that are working for...

EU’s top court rejects effort to force tougher climate rules

BRUSSELS (AP) — The European Union’s top court on Thursday rejected an effort by a Scandinavian youth group and families around the world to...

Congress questions Texas officials about power grid failure

DALLAS (AP) — Congress is looking into last month’s massive and deadly power outages across Texas and questioning officials who oversee the state’s...

British judge: Vatican made ‘appalling’ claims in UK probe

ROME (AP) — A British judge has blasted Vatican prosecutors for making “appalling” misrepresentations to the court about their investigation into the Holy See’s...

UK extends emergency coronavirus powers by 6 months

LONDON (AP) — British lawmakers agreed Thursday to prolong coronavirus emergency measures for six months, allowing the Conservative government to keep its unprecedented powers...

Free breadsticks and reasons for hope at Olive Garden

The company that runs the Olive Garden chain is raising pay for its workers and handing out one-time bonuses, a sign of optimism from...

EXPLAINER: California’s net neutrality law springs to life

More than three years ago, Trump-era regulators killed federal net neutrality regulations designed to prevent AT&T, Comcast, Verizon and other major internet providers from...

WWII codebreaker Turing honored on UK’s new 50-pound note

LONDON (AP) — The rainbow flag flew proudly Thursday above the Bank of England in the heart of London's financial district to commemorate World...

Iceland introduces restrictions after UK variant is detected

REYKJAVIK, Iceland (AP) — Gym classes, happy hours and the near-normal life enjoyed so far by the people of Iceland ended abruptly on Thursday,...

AstraZeneca confirms strong vaccine protection after US rift

AstraZeneca insisted that its COVID-19 vaccine provides strong protection even after counting additional illnesses in its U.S. study, as the drugmaker responded to concerns...

UK court rejects Depp bid to appeal ‘wife beater’ ruling

LONDON (AP) — A British court on Thursday refused Johnny Depp permission to appeal a judge’s ruling that he assaulted ex-wife Amber Heard, saying...

UK, US impose sanctions targeting Myanmar military business

The U.K. and the United States are imposing further sanctions over human rights violations in Myanmar, Britain's top diplomat said Thursday. ...

Powell likens Fed’s pandemic response to British at Dunkirk

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell compared the actions taken by the central bank early in the pandemic as the economy barreled...

Jihadi rebels hit town in north Mozambique near gas project

JOHANNESBURG (AP) — Jihadi rebels are fighting to capture Palma, a strategic town in northern Mozambique where fighting continued Thursday after launching a three-pronged...

Uyghurs in Turkey protest Chinese foreign minister’s visit

ISTANBUL (AP) — Hundreds of Uyghurs staged protests in Ankara and Istanbul on Thursday, denouncing Chinese Foreign Minister Wang Yi’s visit to Turkey and...

US jobless claims fall to 684,000, fewest since pandemic

WASHINGTON (AP) — The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year...

Government revises 4th quarter GDP up slightly to 4.3%

WASHINGTON (AP) — The U.S. economy grew at an annual rate of 4.3% in the final three months of 2020, slightly faster than previously...

Former Google CEO gives $150M for research in biology, AI

Former Google CEO Eric Schmidt and his wife, Wendy, have given $150 million to a research institute to establish a “new era of biology”...

Germany’s Merkel: EU needs to increase vaccine production

BERLIN (AP) — The European Union's problems with getting deliveries of coronavirus vaccines have underscored the need for the bloc to redouble its efforts...

Slovak coalition party completes withdrawal from government

BRATISLAVA, Slovakia (AP) — A party in Slovakia’s ruling coalition completed its withdrawal from the government on Thursday amid a political crisis triggered by...

Lawmakers: Require nursing homes to disclose vaccine data

WASHINGTON (AP) — Nursing homes have to publicly disclose their vaccination rates for flu and pneumonia but there’s no similar mandate for COVID-19 shots,...

Here’s what foreign brands have to say about Xinjiang

HONG KONG (AP) — Nike. The Gap. Uniqlo. Major clothing and footwear brands are under attack in China after Europe, the U.S. and other...

Italy: Teen in hijab aims to be ‘Afro-influencer’ on TikTok

MILAN (AP) — In Milan’s chic Victor Emmanuel II Gallery, a spacious mall that would be jammed with shoppers were it not for the...

Hong Kong vaccination drive struggles to gain public trust

HONG KONG (AP) — Hong Kong's sudden suspension of a COVID-19 vaccine developed by Pfizer and BioNTech is another blow to a vaccination program...

Asian markets push higher despite tech sell-off on Wall St

BANGKOK (AP) — Shares advanced in Asia on Thursday after a broad decline on Wall Street led by selling of tech heavyweights like Facebook...

CEO says Harry hire is a natural fit, not a publicity stunt

SAN FRANCISCO (AP) — The CEO of BetterUp Inc. said Wednesday that he hired Prince Harry as an executive because of his tenacious advocacy...

Treasury sends out additional 37 million relief payments

WASHINGTON (AP) — The Treasury Department said Wednesday that it has sent out another 37 million economic impact payments, bringing the total disbursed in...

Airlines return to old ways; Southwest drops boarding change

As Americans slowly return to flying, airlines are dropping some of the changes they made early in the pandemic. ...

Massive cargo ship becomes wedged, blocks Egypt’s Suez Canal

ISMAILIA, Egypt (AP) — A skyscraper-sized container ship has become wedged across Egypt's Suez Canal and blocked all traffic in the vital waterway, officials...

Facebook finds Chinese hacking operation targeting Uyghurs

Hackers in China used fake Facebook accounts and impostor websites to try to break into the computers and smartphones of Uyghur Muslims, the social...

Beyond the pandemic: London’s Tube battles to stay on track

LONDON (AP) — When London came to a stop as a nationwide coronavirus lockdown was imposed a year ago, the Underground kept running as...

Yellen sees room for US to borrow, opens door to tax hike

WASHINGTON (AP) — Treasury Secretary Janet Yellen believes the U.S. government has more room to borrow, but said higher taxes would likely be required...

EU moves toward stricter export controls for COVID-19 shots

BRUSSELS (AP) — The European Union moved Wednesday toward stricter export controls for coronavirus vaccines, seeking to make sure its 27 nations have more...

Cosmic mouthful: Tasters savor fine wine that orbited Earth

BORDEAUX, France (AP) — It tastes like rose petals. It smells like a campfire. It glistens with a burnt-orange hue. What is it? A...

GameStop weighing stock offering to fund transformation

GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the massive surge in its...

Central Europe’s hospitals slammed, can’t treat all in need

WARSAW, Poland (AP) — Poland recorded its highest daily number of new coronavirus infections Wednesday as hospitals buckle under a new surge. Hungary has...

Erdogan urges investors to trust Turkey’s economy, potential

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan urged foreign investors Wednesdays to have confidence in Turkey’s economy days after he fired his...

German Cabinet approves 2022 budget plan with more new debt

BERLIN (AP) — Germany's Cabinet on Wednesday approved 2022 budget plans that will see rules against running up new debt suspended for the third...

Merkel drops Easter shutdown plan for Germany, apologizes

BERLIN (AP) — German Chancellor Angela Merkel on Wednesday dropped plans for a five-day shutdown over Easter, which had prompted confusion and criticism. She...

Orders for manufactured goods tumbled 1.1% last month

WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods slumped 1.1% in February with demand in a key sector that tracks business...

Hong Kong halts use of Pfizer vaccine, cites defective lids

HONG KONG (AP) — Hong Kong suspended use of the Pfizer vaccine Wednesday after its Chinese distributor informed the city that one batch had...

Japan’s Toyota, Isuzu, Hino join in truck technology tie up

TOKYO (AP) — Japanese automakers Toyota, Isuzu and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in...

Asia stocks follow Wall Street down on renewed virus worries

BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday after European governments extended anti-coronavirus lockdowns, clouding the outlook for economic recovery. ...

Hawaii gets tourism surge as coronavirus rules loosen up

HONOLULU (AP) — Tourists are traveling to Hawaii in larger numbers than officials anticipated, and many are wandering around Waikiki without masks, despite a...

Utah governor signs divisive measure to require porn filters

SALT LAKE CITY (AP) — Utah is a step closer to requiring all cellphones and tablets sold in the conservative state to automatically block...

NTSB calls for more safety oversight of air tour operators

Federal safety officials are making another push for stricter oversight of air tour operators and hot-air balloon rides after several deadly crashes in recent...

German firm plea, $50M payment settles US drug purity probe

LAS VEGAS (AP) — An international pharmaceutical company pleaded guilty as planned Tuesday in a U.S. court after agreeing to pay $50 million for...

Intel announces Arizona expansion as chipmaker seeks footing

CHANDLER, Ariz. (AP) — Intel announced Tuesday it will build two new factories in Arizona and outsource more of its production as a new...

Oakland launches guaranteed pay plan for low-income people

SACRAMENTO, Calif. (AP) — The mayor of Oakland, California, on Tuesday announced a privately funded program that will give low-income families of color $500...

Stock trading app company Robinhood files plan to go public

CHARLOTTE, N.C. (AP) — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year. ...

Missteps could mar long-term credibility of AstraZeneca shot

LONDON (AP) — AstraZeneca’s repeated missteps in reporting vaccine data coupled with a blood clot scare could do lasting damage to the credibility of...

Parler network founder claims GOP donor, others defamed him

LAS VEGAS (AP) — The developer of the conservative social network Parler is alleging he was defamed and improperly ousted by a prominent Republican...

GameStop lost $215 million in fiscal year; online sales gain

GameStop, the video game retailer at the center of a social-media driven investment frenzy, said it lost $215 million in the 12 months ended...

AstraZeneca accused of cherry-picking vaccine study data

WASHINGTON (AP) — AstraZeneca may have included “outdated information” in touting the effectiveness of its COVID-19 vaccine in a U.S. study, federal health officials...

Biden to outline 2022 budget priorities next week

WASHINGTON (AP) — The Biden administration will next week release its proposed discretionary budget for fiscal 2022, providing insight into the president's top priorities...

Judge mulls requiring PG&E to turn off power more frequently

SAN RAMON, Calif. (AP) — A federal judge overseeing Pacific Gas & Electric's criminal probation said Tuesday that he is considering requiring the utility...

Yellen, Powell say more needed to limit US economic damage

WASHINGTON (AP) — Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell told Congress on Tuesday that more must be done to limit...

Regal Cinemas, 2nd largest chain in US, to reopen in April

NEW YORK (AP) — Regal Cinemas, the second largest movie theater chain in the U.S., will reopen beginning April 2, its parent company, Cineworld...

Lawsuit accuses Mormon church of fraud in use of donations

SALT LAKE CITY (AP) — James Huntsman, a member of one of Utah's most prominent families and brother of a former governor, sued The...

Damage from virus: Utility bills overwhelm some households

SAN RAMON, Calif. (AP) — Millions of U.S. households are facing heavy past-due utility bills, which have escalated in the year since the pandemic...

EU lawmakers refuse to sign off on border agency’s budget

BRUSSELS (AP) — European Union lawmakers on Tuesday refused to sign off on the budget of the EU’s border and coast guard agency over...

Sales of new homes plunged 18.2% in February

WASHINGTON (AP) — Sales of new homes plunged 18.2% in February as severe winter weather in many parts of the country and a lack...

California bill aims to jumpstart ‘microstamps’ on handguns

SACRAMENTO, Calif. (AP) — Gun control advocates are making a new attempt to force the gun industry to comply with California's unique law requiring...

UK jobs market shows further resilience during lockdown

LONDON (AP) — Britain's jobs market showed further resilience in February even though the country has been in one of the world's most stringent...

Airbnb asked to drop Olympic ties over China rights issues

Airbnb Inc. is being asked to drop its sponsorship connections to next year’s Beijing’s Winter Olympics by a coalition of 150 human-rights campaigners. ...

China-Europe sanctions fight shatters image of amicable ties

BEIJING (AP) — China looked to Europe as an amicable partner as the continent's leaders resisted being drawn into President Donald Trump’s conflicts with...

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