AP National Business

SAN FRANCISCO (AP) — Tesla CEO Elon Musk won’t be joining Twitter’s board of directors as previously announced. The tempestuous billionaire remains Twitter’s largest shareholder. Twitter CEO Parag Agrawal tweeted the news, which followed a weekend of Musk tweets suggesting possible changes to Twitter, including making the site ad-free. Nearly 90% of Twitter’s 2021 revenue

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are lower after the Federal Reserve indicated it might raise interest rates more aggressively to cool U.S. inflation. Shanghai, Tokyo, Hong Kong and South Korea declined. Oil fell more than $2 per barrel amid concerns global economic growth might weaken. Investors are uneasy

The Associated Press The Labor Department serves up its latest monthly reading of inflation at the consumer level Tuesday. Delta Air Lines delivers its first-quarter results Wednesday. The Commerce Department issues its monthly tally of U.S. retail sales Thursday.

NEW DELHI (AP) — India has begun giving COVID-19 vaccine boosters to all adults but is limiting free shots at government centers to front-line workers and people older than 60. India’s Health Ministry says the doses will be available to people nine months after they receive their second jab, and those outside the two priority

By ALEX VEIGA AP Business Writer As Twitter’s newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he’d like to see on the social media platform. In a series of tweets late Saturday, the Tesla and SpaceX CEO said that the social media company should include an “authentication checkmark” as

CAMARILLO, Calif. (AP) — The average U.S. price of a gallon of regular-grade gasoline dropped 10 cents over the past two weeks to $4.27 per gallon. Oil industry analyst Trilby Lundberg says the pump price as of Friday was $1.32 higher than a year ago. Nationwide, the highest average price for regular-grade gas was in

SAN JOSE, Calif. (AP) — A weekend fire has gutted a Home Depot store in the San Francisco Bay Area but no injuries are reported. Fire officials say the fire erupted at about 5 p.m. Saturday at the store in South San Jose. It sent people fleeing from the store, sent up a huge plume

By MARC LEVY Associated Press HARRISBURG, Pa. (AP) — Republican candidates for Pennsylvania governor are pledging to open up natural gas production, but there are constraints to what a governor can do. While governors can influence state agencies and lawmaking, they have limited ability to make the major moves the industry really wants, like building

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankan protesters have occupied the entrance to the president’s office for a second day, demanding Gotabaya Rajapaksa resign over the debt-ridden country’s worst economic crisis in memory. Hundreds of demonstrators on Sunday weathered heavy rain with raincoats and umbrellas and chanted anti-government slogans. Some

By FRANK BAJAK Associated Press BOSTON (AP) — The credit ratings agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt. That indicates Moscow could soon default on external loans for the first time in more than a century. S&P Global Ratings issued the downgrade to “selective default” late Friday

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Thousands of Sri Lankans have rallied in the country’s main business district and Christian clergy marched in the capital to observe a day of protest calling on the debt-ridden nation’s president to resign. Protesters carrying national flags and placards called out President Gotabaya Rajapaksa and

By JENNIFER McDERMOTT Associated Press One million gallons of radioactive water is inside a former nuclear power plant along Cape Cod Bay and it has got to go. But where, is the vexing question, and will the state of Massachusetts intervene as the company dismantling the plant decides? Holtec International is considering treating the water

By ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) — Business Email Compromise scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money to unintended places. These crimes get far less attention than the massive ransomware attacks that have triggered a powerful

By JENNIFER McDERMOTT Associated Press One million gallons of radioactive water is inside a former nuclear power plant along Cape Cod Bay and it has got to go. But where, is the vexing question, and will the state of Massachusetts intervene as the company dismantling the plant decides? Holtec International is considering treating the water

By HALELUYA HADERO Associated Press Amazon is seeking to overturn the historic union victory at one of its New York City warehouses. The e-commerce giant listed 25 objections in a legal filing obtained by The Associated Press on Friday. The retailer said the federal labor board must order a re-do election. The company says the

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street closed its first losing week in the last four with an up-and-down Friday, as investors brace for the Federal Reserve to tighten the brakes on the economy more aggressively to beat down inflation. Big tech stocks like Microsoft and