AP National Business

By JOSHUA GOODMAN Associated Press MIAMI (AP) — Sanctions on Russia are starting to wreak havoc on global trade, with potentially devastating consequences for energy and grain importers while also generating ripple effects across a world still struggling to overcome pandemic-induced supply chain disruptions. Since Russia’s invasion of Ukraine, hundreds of tankers and bulk carriers

By GLENN GAMBOA AP Business Writer The Clinton Foundation is planning another Clinton Global Initiative – the high-profile gathering of business, political and philanthropic leaders – this September in New York, according to a letter former President Bill Clinton sent to the foundation’s supporters Friday. The initiative, which began meeting annually in 2005 and boasted

By The Associated Press Russia’s invasion of Ukraine entered its 12th day following what Ukrainian authorities described as increased shelling of encircled cities and another failed attempt to evacuate civilians from the besieged port of Mariupol. Russian and Ukrainian forces had agreed to an 11-hour cease-fire Sunday, but Ukrainian officials said Russian attacks quickly closed

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks around the world are tumbling Friday, as even a gangbusters report on the U.S. jobs market can’t pull Wall Street’s focus off its worries about the war in Ukraine. The S&P 500 was 1.6% lower in morning trading. It followed up on sharper losses

By MICHELLE CHAPMAN AP Business Writer Microsoft has closed on its approximately $16 billion acquisition of speech recognition company Nuance. The deal, which was announced last year, helps Microsoft Corp. get more entrenched into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools. Mark Benjamin will continue to serve

NEW YORK (AP) — Wall Street is opening lower as a strong jobs reports wasn’t nearly enough to quell the market’s worries about Russia’s continued pounding of Ukraine. Stock indexes opened lower, investors continued to shovel money into low-risk U.S. government bonds, and crude oil prices spiked higher again. European markets were down even more

By DAVID PORTER Associated Press NEWARK, N.J. (AP) — Outraged by the invasion of Ukraine, lawmakers in New Jersey’s largest city lashed out at one of the closest symbols of Russia they could find — a pair of Lukoil gas stations. The Newark City Council voted unanimously Wednesday to suspend the service stations’ operating licenses,

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy’s solid health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation. The unemployment rate dropped from 4% to a pandemic

By JAMES ELLINGWORTH Associated Press DUSSELDORF, Germany (AP) — Russians could face prison sentences of up to 15 years for spreading information that goes against the government’s position on the war in Ukraine. The move Friday came as Russian authorities blocked access to foreign media that publish in Russian. The Russian parliament voted unanimously Friday

NEW YORK (AP) — U.S. markets were poised to follow global shares lower while oil prices moderated Friday as investors assessed the deepening impact of Russia’s invasion of Ukraine. On Wall Street, the futures for the benchmark S&P 500 and Dow Jones Industrial Average fell 0.9%. Benchmarks fell in Europe and Asia. Russian forces gained

By JOSH BOAK Associated Press President Joe Biden will be joined by the CEO of technology company Siemens USA to announce a $54 million investment to produce equipment for the electrical infrastructure. The investment will lead to 300 additional jobs at locations including California and Texas. That’s according to senior administration officials who insisted on

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares have fallen and oil prices moderated as investors assess the deepening impact of Russia’s invasion of Ukraine. Stock benchmarks fell in Europe and Asia and U.S. futures edged lower. Russian troops gained ground in Ukraine and shelling of a nuclear power plant sparked a

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Two big names in Japanese electronics and autos are joining forces to make an electric vehicle together. Sony and Honda said Friday they have agreed to set up a joint venture this year, to start selling an electric vehicle by 2025. The plan is to pair

By The Associated Press Russia’s war on Ukraine is now in its ninth day and Russian forces have shelled Europe’s largest nuclear power plant, sparking a fire there that was extinguished overnight. The U.N. nuclear watchdog says there was no sign on Friday of radiation leaks. They Russians have also taken over the strategic port

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Victims of the Sept. 11 terror attacks have asked the U.S. government to seize Iranian crude oil suspected to be on an American-owned oil tanker in Asia. The filings Thursday in New York come as U.S. investigators continue to probe the alleged involvement of

By ANIRUDDHA GHOSAL AP Science Writer NEW DELHI (AP) — India has yet to submit its targets for cutting greenhouse emissions to the U.N climate agency. Four months have passed since Indian Prime Minister Narendra Modi announced its ‘net-zero’ target and short-term goals for increasing clean energy. But since they haven’t been submitted to the

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares have fallen and oil prices moderated as investors assess the likely global impact of Russia’s invasion of Ukraine. Shares fell more than 2% in Tokyo and Hong Kong and declined in most other Asian markets. Russian troops gained ground in Ukraine and shelling of