AP National Business

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson hoped to get a grip on his government after weeks of scandal. But now he is struggling to hang on after a scathing report on lockdown-breaching parties and the departure of several top aides. Five staff have left Johnson’s office, including key

The Associated Press NEW YORK (AP) — Wall Street was headed for a lower open Friday,  one day after a historic plunge in the stock price of Facebook’s parent company yanked other tech stocks lower on Wall Street. Futures for the S&P 500 were unchanged, while the contract for Dow Jones Industrial futures was down

BRUSSELS (AP) — The European Union and the United States have agreed to resume trade in oysters, clams, mussels and scallops from the end of February. The deal announced Friday settles a 10-year trade dispute. Trade in live mollusks between the EU and the U.S. had stopped in 2011 due to a divide in regulatory

By JENNIFER PELTZ Associated Press NEW YORK (AP) — New York’s much-anticipated legal pot shops could be a year away from opening. But the state is making medical marijuana much more available now. As of late last month, clinicians can greenlight medicinal pot for any condition they think it would help, not just for a

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Norway’s next central bank governor will be NATO Secretary-General Jens Stoltenberg. His tenure at NATO ends later this year. Norway’s government announced his appointment at the central bank in a statement Friday and said it hopes he can start in his new role around Dec.

By COREY WILLIAMS and MIKE HOUSEHOLDER Associated Press DETROIT (AP) — Google is joining Ford Motor Co.’s effort to transform a once-dilapidated Detroit train station into a research hub focused on electric and self-driving vehicles. Ford also announced Friday that Detroit and the state of Michigan have agreed to provide infrastructure and other support for

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka has celebrated its Independence Day with an appeal by the president to the country’s expatriates to send money home as it struggles with the worst economic crisis in decades mainly due to depleted foreign reserves. Sri Lankans are facing shortages of milk powder,

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Markets in Europe and Asia have advanced after a historic plunge in the stock price of Facebook’s parent company yanked other tech stocks lower on Wall Street. Shares rose in Paris, Frankfurt and Tokyo. Hong Kong jumped 3.2% after reopening from Lunar New Year holidays. Shanghai

BERLIN (AP) — Authorities say a container ship that ran aground off a German North Sea island has been towed free a day after it got stuck. The 400-meter (1,310-foot) -long Mumbai Maersk ran aground Wednesday night near the island of Wangerooge, on the approach to the port of Bremerhaven. Rescuers waited for a high

DUBAI, United Arab Emirates (AP) — A planned $3.4 billion coal-fired power plant in Dubai instead will be converted to use natural gas. That’s according to a statement Thursday by the sheikhdom. The conversion comes amid the United Arab Emirates’ wider pledge to have net-zero carbon emissions by 2050. The statement offered no details on

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian markets are mostly higher after a historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street. Hong Kong jumped 3.3% after reopening from Lunar New Year holidays. Shanghai remained closed. Tokyo and Seoul advanced while Sydney

By KEVIN FREKING Associated Press WASHINGTON (AP) — House Democrats are poised to approve legislation that they say positions the United States to better compete with China economically by strengthening the domestic semiconductor industry, shoring up strained supply chains and bolstering international alliances. Criticizing China has become a bipartisan playbook in Washington, but in this

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Last month’s huge wave of omicron infections is thought to have weakened hiring in January, though the pullback is considered all but sure to prove a temporary one. Economists have forecast that the Labor Department will report Friday that employers added just 170,000 jobs last month,

By 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 was set to leave Pennsylvania and New England glazed in ice and smothered in snow. The storm disrupted flights at major hubs in the U.S. on

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares are mostly higher after a historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street. Hong Kong jumped 2.6% after reopening from Lunar New Year holidays. Shanghai remained closed. Tokyo and Seoul advanced while Sydney

By BARBARA ORTUTAY AP Technology Writer Investors are snapping up Snap Inc. after the owner of the disappearing message platform Snapchat surprised Wall Street by reporting a quarterly profit for the first time. The stock jump comes after Facebook parent Meta saw its worst one-day stock price decline in history. It shows that while internet

By FELICIA FONSECA and TED WARREN Associated Press Money that will flow to Native American tribes as part of an opioid drug settlement with a major manufacturer and three distributors won’t come quickly. But tribal leaders say it will play a part in healing their communities from an epidemic that has disproportionately killed Native Americans.

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Amazon’s profits in the fourth quarter nearly doubled, beating analysts’ expectations. This came even as the online behemoth contends with surging costs tied to a snarled supply chain and labor shortages. The Seattle-based company also raised its annual prime membership fee to $139 per year

WASHINGTON (AP) — The Department of Homeland Security has announced the creation of a new Cyber Safety Review Board that will have public and private sector experts examine significant hacking incidents and recommend improvements. The new board is modeled after the National Transportation Safety Board, which reviews plane crashes and other major accidents, and was

DEMING, Wash. (AP) — Experts from the United Nations are calling on the U.S. government to stop the Nooksack Indian Tribe’s ongoing effort to evict certain families from their homes. The Seattle Times reports the unusual announcement by the U.N.’s special rapporteurs on adequate housing and the rights of Indigenous peoples is the most recent