AP National Business

NEW YORK (AP) — Stocks are opening modestly lower on Wall Street Monday, continuing a losing streak that has brought the market down for six weeks in a row. The S&P 500 was down 0.6% in the early going, while more declines in technology companies pulled the Nasdaq down 1.1%. The Dow Jones Industrial Average

By KARL RITTER Associated Press STOCKHOLM (AP) — Sweden’s prime minister announced Monday that Sweden will join Finland in seeking NATO membership in the wake of Russia’s invasion of Ukraine, a historic shift that comes after more than 200 years of military nonalignment in the Nordic country. The move, which is likely to upset the

The Associated Press NEW YORK (AP) — Washington, D.C.-based investment firm Carlyle Group is buying defense contractor ManTech in an all-cash deal valued at $4.2 billion, the companies announced Monday. Shareholders of Virginia-based ManTech will receive $96 per share in cash, a 32% premium on ManTech’s closing share price of $72.82 on February 2, the

By MICHELLE CHAPMAN AP Business Writer Starbucks says it will now offer employees enrolled in its health care plan reimbursement for eligible travel expenses when accessing abortion or gender-affirming procedures, when those services are not available within 100 miles of a worker’s home. The Seattle coffee chain said Monday that the benefit will also be

By KARL RITTER Associated Press STOCKHOLM (AP) — Officials say Sweden has decided to follow neighboring Finland and apply for NATO membership to end more than 200 years of military nonalignment because of Russia’s invasion of Ukraine. Prime Minister Magdalena Andersson called it “a historic change in our country’s security policy” as she addressed lawmakers

NEW YORK (AP) — Wall Street pointed toward modest declines when markets open Monday as investors continue to weigh surging energy costs and prospects for interest rate hikes in the U.S. Dow futures fell 0.1% and the same for the S&P 500 lost 0.3%. Global shares were mixed and oil prices fell. Last week, U.S.

By LORNE COOK Associated Press BRUSSELS (AP) — Finland and Sweden have signaled their intention to join NATO over Russia’s war in Ukraine and things will move fast once they formally apply for membership in the world’s biggest security alliance. Russian President Vladimir Putin has already made clear that there would be consequences if the

By JILL LAWLESS Associated Press LONDON (AP) — Prime Minister Boris Johnson has renewed British threats to break a Brexit agreement with the European Union. Johnson is blaming the bloc for a political crisis that’s blocking the formation of a new government in Northern Ireland. The Democratic Unionist Party says it will boycott the Belfast

By MICHELLE CHAPMAN AP Business Writer JetBlue is going hostile in its bid for Spirit Airlines and asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines. Spirit shareholders are scheduled to vote June 10 on the Frontier bid, which is favored by the Spirit board. Spirit has cited uncertainty about regulatory

By MICHELLE CHAPMAN AP Business Writer JetBlue is going hostile in its bid for Spirit Airlines and asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines. Spirit shareholders are scheduled to vote June 10 on the Frontier bid, which is favored by the Spirit board. Spirit has cited uncertainty about regulatory

By LIZ WESTON of NerdWallet Home values have been soaring — but the amount of home sale profit you can shelter from taxes has not. The $250,000/$500,000 exemption hasn’t changed since it was created in 1997, even though median home prices have almost tripled. That means more people face capital gains taxes when selling their

BRUSSELS (AP) — The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war in Ukraine and disruptions to energy supplies. The EU’s executive arm said Monday that gross domestic product will expand 2.7% this year and 2.3% in 2023. It’s the European Commission’s

Associated Press JetBlue is going hostile in its bid for Spirit Airlines and asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines. Spirit shareholders are scheduled to vote June 10 on the Frontier bid, which is favored by the Spirit board. Spirit has cited uncertainty about regulatory approval of JetBlue’s $3.6

By DAVID KOENIG AP Business Writer More than three decades after it became the first American fast food restaurant to open in the Soviet Union, McDonald’s said Monday that it has started the process of selling its business in Russia, another symbol of the country’s increasing isolation over its war in Ukraine. The company, which

By HOPE YEN Associated Press WASHINGTON (AP) — Upcoming data shows traffic deaths soaring in the U.S. The Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis. Transportation Secretary Pete Buttigieg on Monday announced the availability of money over five years under his department’s new Safe

By JOSH BOAK Associated Press WASHINGTON (AP) — It’s been six months since President Joe Biden signed his $1 trillion infrastructure package into law. The government said Monday there are 4,300 projects underway with more than $110 billion in funding announced. The Biden administration is publicly heralding that achievement as this year’s midterm politics intensify.

By JILL LAWLESS Associated Press LONDON (AP) — Prime Minister Boris Johnson has renewed British threats to break a Brexit agreement with the European Union, blaming it for a political crisis that’s blocking the formation of a new government. Ahead of a visit to Belfast, Johnson said there would be “a necessity to act” if

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were mixed Monday, as investors eyed surging energy costs and prospects for interest rate hikes in the U.S. European benchmarks were trading mixed, with shares up in France and Germany but down in Britain. Stock moves were similar earlier in the day in Asia,