AP National Business

LONDON (AP) — The owners of Premier League club Tottenham plan to give the club a cash injection of up to 150 million pounds ($188 million), amid calls from manager Antonio Conte to reinforce the squad following qualification for the Champions League. The north London club says majority shareholder ENIC has pledged the cash via

NICOSIA, Cyprus (AP) — A Cypriot official says Ukrainian authorities have informed Cyprus about their seizure of $420 million worth of shares and securities linked to the east Mediterranean island nation that belong to a Russian billionaire and other businessmen. Cyprus government spokesman Marios Pelekanos told the Associated Press Tuesday that Ukraine raised the matter

MADRID (AP) — The Spanish government has announced a $13.2 billion investment plan to convert the country into a major producer of microchips and help reduce the dependence of Spain and the European Union on other suppliers. The announcement Tuesday in Madrid came as Prime Minister Pedro Sánchez meets with leaders of technological firms at

By MARIA CHENG AP Medical Writer LONDON (AP) — World Health Organization director-general Tedros Adhanom Ghebreyesus was confirmed by the U.N. health agency’s member countries for a second five-year term on Tuesday. No other candidate challenged him for the post amid the ongoing difficulties of responding to the devastating coronavirus pandemic. Tedros is a former

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Best Buy Co. posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits. The nation’s largest consumer electronics chain also cut its annual outlook on Tuesday, citing a deteriorating economic environment. Best Buy was among a handful of

By ELENA BECATOROS, OLEKSANDR STASHEVSKYI and RICARDO MAZALAN Associated Press KYIV, Ukraine (AP) — Workers digging through the rubble of an apartment building in Mariupol found 200 bodies in the basement, Ukrainian authorities said Tuesday, as more horrors come to light in the ruined city that has seen some of the worst suffering of the

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks on Wall Street gave up more ground Tuesday amid mounting worries that persistently high inflation will dim corporate profits. The S&P 500 fell 0.8%, while the Nasdaq dropped 2.3%. The Dow Jones Industrial Average eked out a 0.2% gain, thank’s

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — New research says the contamination of fruits and vegetables produced in the European Union by some of the most toxic pesticides has substantially increased over the past decade. The study published Tuesday by the Pesticide Action Network Europe group says European citizens have been exposed to a

By MARK KENNEDY Associated Press NEW YORK (AP) — Former White House press secretary Jen Psaki has officially landed at MSNBC, where she is expected to make appearances on the network’s cable and streaming programs as well as host a new original show. The program, set to debut in the first quarter of 2023, will

WASHINGTON (AP) — Korean automaker Hyundai is recalling 239,000 cars because the seat belt parts can explode and injure vehicle occupants. Three injuries have been reported, two in the U.S. and one in Singapore. Government regulators said that the driver’s and front passenger’s seat belt pretensioners, which tighten the belts in preparation for a crash,

By MICHELLE CHAPMAN AP Business Writer Social media has had a rough 2022 with lingering questions about advertising spending and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read. And late Monday, Snap issued a rather dire profit warning, saying that “the macroeconomic

NEW YORK (AP) — Stocks are opening lower on Wall Street Tuesday, led by drops in tech heavyweights like the parent companies of Facebook and Google. The S&P 500 index fell 1.2% in the early going, and the tech-heavy Nasdaq was down almost twice as much, 2.3%. The Dow Jones Industrial Average, which tracks 30

By JAMEY KEATEN Associated Press DAVOS, Switzerland (AP) — Kremlin critic Bill Browder wants governments to step up efforts to get to the riches squirreled away by Russian oligarchs by forcing accountants, lawyers and others who set up murky legal and financial structures to become whistleblowers. Browder, author of the best-seller “Freezing Order: “A True

By ELENA BECATOROS, OLEKSANDR STASHEVSKYI and RICARDO MAZALAN Associated Press KYIV, Ukraine (AP) — Workers digging through the rubble of an apartment building in Mariupol found 200 bodies in the basement, Ukrainian authorities said Tuesday, a grim reminder of the horrors still coming to light in the ruined city that has seen some of the

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Best Buy Co. posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits. The nation’s largest consumer electronics chain also cut its annual outlook on Tuesday, citing a deteriorating economic environment. Best Buy was among a handful of

NEW YORK (AP) — U.S. markets were poised to open in negative territory Tuesday as worries over persistent inflation outweighed optimism due to a remark from President Joe Biden, suggesting he may reduce U.S. tariffs on Chinese imports. Futures for the Dow industrials slipped 0.7% while S&P 500 futures fell 1%. Shares in Asia finished

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Best Buy Co. posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits. The nation’s largest consumer electronics chain also cut its annual outlook on Tuesday, citing a deteriorating economic environment. Best Buy was among a handful of

By RAHIM FAIEZ Associated Press ISLAMABAD (AP) — The Taliban say they’ve signed a deal allowing an Emirati company to manage three airports in Afghanistan after the fall of the country’s U.S.-backed government. However, the United Arab Emirates didn’t immediately acknowledge the deal on Tuesday. The Taliban announced that under the deal, the Abu Dhabi-based