AP National Business

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — It’s official: New York is now the largest sports betting market in America after just four weeks of taking mobile bets. The Empire State blew past New Jersey in January to seize the market lead, taking over $1.6 billion worth of sports bets. That’s $300

By KEVIN FREKING Associated Press WASHINGTON (AP) — Democrats have muscled legislation through the House that they say positions the U.S. to better compete with China economically by strengthening the domestic semiconductor industry and shoring up strained supply chains. The bill passed by a vote of 222-210. Criticizing China has become a bipartisan playbook in

By LORNE COOK Associated Press BRUSSELS (AP) — The European Union is imposing sanctions on five senior members of Mali’s transitional government, including Prime Minister Choguel Maiga. The bloc accuses them of working to obstruct and undermine the transition from military to civilian rule. Others hit Friday by the EU’s asset freezes and travel bans

By MATTHEW DALY Associated Press WASHINGTON (AP) — President Joe Biden has extended tariffs imposed by former President Donald Trump on most solar panels imported from China and other countries. But in a nod to his efforts to combat climate change and boost clean energy, Biden excluded tariffs on some panels used in large-scale utility

By DAVID SHARP, KATHLEEN FOODY and JILL BLEED Associated Press A major winter storm that already cut electric power to about 350,000 homes and businesses from Texas to the Ohio Valley is now hitting the Northeast. The storm disrupted flights at major hubs in the U.S. on Friday, and ice threatened to wreak havoc on

By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Amazon workers and organizers in Bessemer, Alabama, are making door-to-door house calls, sporting pro-union T-shirts and challenging anti-union messaging by Amazon-hired consultants as they try to convince their peers for the second time to unionize their warehouse. The union election starts Friday by secret ballot.

By ERIC TUCKER and FRANK BAJAK Associated Press WASHINGTON (AP) — The Wall Street Journal’s publisher, News Corp, says it has been hacked and had data stolen from journalists and other employees. And a cybersecurity firm investigating the intrusion says Chinese intelligence-gathering is believed behind the operation. The news company said in a regulatory filing

By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks are wobbling and Treasury yields are jumping on Friday as Wall Street’s expectations rise that the Federal Reserve may soon start raising interest rates sharply. The S&P 500 was 0.2% higher after the Labor Department said employers added 467,000 jobs

BERLIN (AP) — Russian state-owned gas company Gazprom says German ex-Chancellor Gerhard Schroeder has been nominated to join its board of directors. The move comes as the former leader has faced criticism for accusing Ukraine of “saber-rattling” during its standoff with Russia. Schroeder, who led Germany from 1998 to 2005, developed a close relationship with

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — In a surprising burst of hiring, America’s employers added 467,000 jobs in January in a sign of the economy’s resilience even in the face of a wave of omicron infections last month. The government’s report also drastically revised up its estimate of job gains for November

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Kohl’s says that recent offers to purchase the department store chain undervalue its business. It says it is adopting a shareholder rights plan to head off any hostile takeovers. The shareholder rights plan is effective immediately and expires in a year. The move comes as

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are mixed and Treasury yields are jumping on Friday after a blowout U.S. jobs report raised Wall Street’s expectations for the Federal Reserve to soon start raising interest rates sharply. The S&P 500 was 0.2% higher in early trading after the Labor Department said

By ALEKSANDAR FURTULA and MIKE CORDER Associated Press ROTTERDAM, Netherlands (AP) — A giant, $500 million yacht reportedly being built for Amazon founder Jeff Bezos faces a delivery problem: It may require dismantling a beloved, historic bridge in Rotterdam that is blocking its passage to the sea. Reports this week that the Dutch city had

The Associated Press Stocks are opening mostly lower on Wall Street and bond yields are jumping after a surge of hiring last month led investors to expect that the Federal Reserve will move quickly to hike interest rates higher in its effort to tame inflation. The S&P 500 slipped 0.1% in the early going. A

By SCOTT SONNER Associated Press RENO, Nev. (AP) — The U.S. Fish and Wildlife Service has proposed designating critical habitat for a Nevada wildflower it plans to list as endangered. The move comes amid a conflict over the flower and a mine to produce lithium batteries for electric vehicles critical to the Biden administration’s plans

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. employers stepped up hiring in January, adding 467,000 jobs despite a wave of omicron inflections that sickened millions of workers, kept many consumers at home and left businesses from restaurants to manufacturers short-staffed. The Labor Department’s Friday report also showed the unemployment rate ticked up

By JILL LAWLESS Associated Press LONDON (AP) — A judge has suspended an order by Northern Ireland’s agriculture minister to halt border checks on goods from the rest of the U.K. that were imposed under the Brexit agreement struck between the U.K. and the European Union. High Court judge Adrian Colton made the interim order

By EMILY SCHULTHEIS and GEIR MOULSON Associated Press VIENNA (AP) — A law requiring most adults in Austria to get vaccinated against COVID-19 is ready to take effect, but the sense of urgency that accompanied its announcement in November has largely evaporated. Few other countries look likely to go as far as Austria as attention