AP National Business

DETROIT (AP) — Tesla CEO Elon Musk gave the strongest hint yet Monday that he would like to pay less for Twitter than his $44 billion offer made last month. Musk told a Miami technology conference that a viable deal at a lower price would not be out of the question, according to a report

By ZEKE MILLER and MATTHEW PERRONE Associated Press WASHINGTON (AP) — US officials have reached an agreement to allow baby formula maker Abbott to restart its largest domestic factory. It’s a key step toward easing the national formula shortage, though it will be two months or longer before any new product ships. Under the agreement,

By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — The regiment that doggedly defended a steel mill as Ukraine’s last stronghold in the port city of Mariupol declared its mission complete Monday after more than 260 fighters, including some badly wounded, were evacuated and taken to areas under Russia’s control. Ukrainian President

By BRIAN SLODYSKO Associated Press WASHINGTON (AP) — The Federal Election Commission has decided not to take action against former President Donald Trump after commissioners deadlocked over whether his campaign broke the law by masking how it was spending cash during the 2020 campaign. The FEC notified the Campaign Legal Center of the outcome in

By ZEKE MILLER and MATTHEW PERRONE Associated Press WASHINGTON (AP) — Infant formula maker Abbott says it’s reached an agreement with U.S. health officials to restart production at its largest domestic factory, a key step toward easing a nationwide shortage. Abbott did not immediately detail the terms of the agreement reached with the Food and

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — BNSF railroad is tweaking its strict new attendance policy. But unions that have challenged the rules that took effect in February say the changes don’t go far enough. The railroad told employees that starting next month it will make several small changes in the formula

By DAVID BAUDER and LYNN ELBER AP Entertainment Writers NEW YORK (AP) — Something was missing when Fox announced its plans for the fall television season: a schedule. It was one of several signs of how the business has changed since networks resumed their annual glitzy presentations for advertisers, which had been suspended because of

By KARL RITTER Associated Press STOCKHOLM (AP) — Turkey´s president on Monday complicated Sweden and Finland´s historic bid to join NATO, saying he cannot allow them to become members of the alliance because of their perceived inaction against exiled Kurdish militants. President Recep Tayyip Erdogan doubled down on comments last week indicating that the two

By MARK PRATT Associated Press Employees are seeking to unionize at a Trader Joe’s grocery store in western Massachusetts. They join a nationwide surge of labor organizing among retail and food service workers. Organizers at the store in Hadley sent an open letter to company CEO dated Saturday. They cite concerns about pay, benefits and

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: JetBlue, Vulcan Materials fall; Carvana, ManTech rise.

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks closed a wobbly day of trading mostly lower on Wall Street Monday, extending a losing streak for markets. The broader market is in the midst of a slump as investors try to gauge how companies and consumers are dealing with higher prices and

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing a tweet by President Joe Biden about corporate taxes as “disinformation” and “misdirection.” The White House quickly retorted Monday that Bezos “opposes an economic agenda for the middle class.”

By KARL RITTER Associated Press STOCKHOLM (AP) — Sweden on Monday decided to join neighboring Finland in seeking NATO membership, ending more than two centuries of military nonalignment in a historic shift prompted by Russia’s invasion of Ukraine. The move drew strong objections from Turkey’s leader, who declared the two nations should not be allowed

By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — Moscow suffered another diplomatic setback Monday in its war with Ukraine, with Sweden joining Finland in deciding to seek NATO membership, while Ukraine’s president congratulated his soldiers who reportedly pushed back Russian forces near the border. Russian forces pounded targets in the industrial

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks edged higher on Wall Street Monday, but trading remains choppy as the market comes off six straight weeks of declines. The S&P 500 was up 0.3% as of 2:49 p.m. Eastern. The Dow Jones Industrial Average rose 222 points, or 0.7%, to 32,419

By DANICA KIRKA Associated Press LONDON (AP) — Bank of England Gov. Andrew Bailey has rejected criticism that the institution didn’t move quickly enough to quash inflationary pressures. He told a parliamentary committee on Monday that monetary policymakers weren’t able to predict wars. Bailey has come under sharp criticism in recent months as the annual

By DAVID KOENIG and DEE-ANN DURBIN AP Business Writers McDonald’s is closing its doors in Russia, ending an era of optimism and increasing the country’s isolation over its war in Ukraine. The Chicago burger giant confirmed Monday that it is selling its 850 restaurants in Russia. McDonald’s said it will seek a buyer who will

MADRID (AP) — A cargo train has smashed into a rush-hour passenger train in Catalonia, killing an engineer and injuring 85 people. Spanish authorities and the regional rail company said the accident happened around 6 p.m. some 15 kilometers (10 miles) from Barcelona, Catalonia’s capital. Regional rail company FGC the cargo train carrying potash derailed

By ZEKE MILLER and MATTHEW PERRONE Associated Press WASHINGTON (AP) — Under fire from parents and politicians, President Joe Biden’s administration on Monday is expected to announce an agreement to reopen the largest domestic manufacturing plant of infant formula and to ease import rules to allow supplies in from overseas, amid a nationwide shortage spurred

VANCOUVER, Wash. (AP) — A manager at an Arby’s fast food restaurant in Washington state has been accused of urinating into a milkshake mix that might then have been served to dozens of people. The Columbian newspaper reports police in Vancouver uncovered footage of the 29-year-old man peeing into a bag of milkshake mix as