AP National Business

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks rose in afternoon trading on Wall Street Tuesday as investors review an encouraging report on retail sales and a mixed batch of earnings updates from several big retailers. The S&P 500 rose 1.2% as of 2:33 p.m. Eastern. The Dow

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Federal authorities say bus drivers and charitable groups were among victims who lost $5 billion from private investment funds once worth $11 billion. Conspiracy, securities fraud and obstruction of justice charges were brought Tuesday against the former chief investment officer of a series of funds at

By LAURAN NEERGAARD AP Medical Writer U.S. regulators on Tuesday authorized a COVID-19 booster shot for healthy 5- to 11-year-olds, hoping an extra vaccine dose will enhance their protection as infections once again creep upward. Everyone 12 and older already was supposed to get one booster dose for the best protection against the newest coronavirus

NEW YORK (AP) — Stocks are opening higher on Wall Street Tuesday, led by a rebound in the highly volatile technology sector. The S&P 500 index rose 1.3% and the tech-heavy Nasdaq rose 2%. The Dow Jones Industrial Average was up 0.9%. Apple rose 1.8% and Microsoft added 2.3%. Several retailers were making big moves

By THALIA BEATY Associated Press Ukraine is marrying some digital marketing tools with crowdfunding and other incentives for giving to keep global attention trained on its war efforts against the Russian invasion. Ukrainian President Volodymyr Zelenskyy tasked the minister of digital transformation Mykhailo Fedorov with setting up a new fundraising campaign to encourage donations to

By ANNE D’INNOCENZIO AP Business Writer NEW YORK (AP) — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain. The company also on Tuesday cut its full-year earnings

By KEN MORITSUGU and DAVID RISING Associated Press BEIJING (AP) — Administrators at an elite Beijing university have backed down from plans to further tighten pandemic restrictions on students as part of China’s “zero-COVID” strategy after a weekend protest at the school. Graduate students at Peking University staged the rare, but peaceful protest Sunday over

By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — Hundreds of Ukrainian fighters, including wounded men carried out on stretchers, left the vast steel plant in Mariupol where they mounted a dogged last stand and turned themselves over to Russian hands, signaling the beginning of the end of a siege that became

MADRID (AP) — The Spanish government has approved a draft bill that widens abortion rights for teenagers and may make Spain the first country in Europe entitling workers to paid menstrual leave. The measures are part of a package of proposals that will be sent to the Spanish parliament for debate. The package includes an

By ANNE D’INNOCENZIO AP Business Writer NEW YORK (AP) — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain. The company also on Tuesday cut its full-year earnings

By JILL LAWLESS Associated Press LONDON (AP) — The British government says it will pass a law to change the trade treaty it signed with the European Union less than two years ago. The move dramatically escalates a fight with the EU over post-Brexit trade. Foreign Secretary Liz Truss said Tuesday that the move “is

By ANNE D’INNOCENZIO AP Business Writer NEW YORK (AP) — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain. The company also on Tuesday cut its full-year earnings

MADRID (AP) — The land borders between Spain and Morocco at Spain’s North African enclave cities of Ceuta and Melilla have reopened after being closed for more than two years because of the COVID-19 pandemic and later a diplomatic crisis between the two countries. People gathered at border crossings in both cities to witness the

By MICHELLE CHAPMAN AP Business Writer Home Depot’s fiscal first-quarter sales improved even as the chain faced a slower start to spring, and it raised its full-year guidance. The home improvement company’s revenue increased about 4% to $38.91 billion. That topped the $36.49 billion that analysts surveyed by Zacks expected. CEO and President Ted Decker

By LAURA MCMULLEN of NerdWallet When parents die, their adult children often must manage their financial affairs. Those kids and other caregivers are left in an unfortunate position if families don’t plan for this reality. On top of managing grief, adult children must guess at their parents’ wishes. And they may have to spend their

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s governing party has defeated a move in Parliament to urgently debate a motion that would censure President Gotabaya Rajapaksa for the nation’s worst economic crisis. The prime minister said Sri Lanka only has enough gasoline for one day. It’s unclear when the motion

By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — Hundreds of Ukrainian fighters defending the last holdout in Mariupol were evacuated to areas controlled by Russian-backed separatists and officials worked Tuesday to get the rest out, signaling the beginning of the end of a siege that became a symbol of Ukrainian resistance.