AP National Business

The Associated Press The airline industry is raising the stakes in a showdown with AT&T and Verizon over plans to launch new 5G wireless service this week, warning that thousands of flights could be grounded or delayed if the rollout takes place near major airports. CEOs of the nation’s largest airlines say that interference from

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Shares are falling at the open on Wall Street Monday, following global markets lower as the S&P 500 extended its slide into a third straight week. Big banks including Goldman Sachs and Morgan Stanley are leading the decline, while the Dow Jones Industrial Average and the

By ILAN BEN ZION Associated Press JERUSALEM (AP) — Israeli lawmakers are calling for a parliamentary inquiry into the police’s alleged use of sophisticated spyware on protesters and other citizens. A local newspaper reported on Tuesday that Israeli police used the NSO spyware Pegasus to surveil leaders of protests against then-Prime Minister Benjamin Netanyahu. It

The Associated Press The airline industry is raising the stakes in a showdown with AT&T and Verizon over plans to launch new 5G wireless service this week, warning that thousands of flights could be grounded or delayed if the rollout takes place near major airports. CEOs of the nation’s largest airlines say that interference from

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson has denied misleading Parliament about lockdown-breaching parties. It came after senior government ministers said Johnson would have to resign if he is proven to have lied. Former Johnson aide Dominic Cummings claims the prime minister was warned in advance that a May

Microsoft is buying Activision Blizzard for $68.7 billion to gain access to blockbuster games including Call of Duty and Candy Crush. The all-cash deal will let Microsoft accelerate mobile gaming and provide it building blocks for the metaverse, or a virtual environment. The deal comes as Activision shares have plummeted in the past year as

By KEN SWEET AP Business Writer NEW YORK (AP) — Goldman Sachs’ said its fourth-quarter profits fell by 13% from a year earlier, largely due to the bank preparing to pay out hefty pay packages to its well-compensated employees. It’s the latest sign that wages are increasing sharply, particularly on Wall Street. The New York-based

By DAVID KOENIG AP Airlines Writer The airline industry is raising the stakes in a showdown with AT&T and Verizon over the telecom companies’ plan to launch new 5G wireless service this week, warning that thousands of flights could be grounded or delayed if the rollout takes place near major airports. CEOs of the nation’s

BERLIN (AP) — Germany’s arms exports reached record levels in 2021, largely due to significant sales of maritime and air defense weapons to Egypt. Preliminary figures show Germany exported arms worth $10.65 billion last year. That was an increase of 61% compared to 2020. The ministry said that most of the exports, worth over 9

BEIJING (AP) — JD.com Inc., China’s biggest online retailer, and Canadian e-commerce service Shopify have launched a strategic cooperation to give independent U.S. merchants access to JD.com’s 550 million customers. The companies said the tie-up would allow U.S. brands to start selling in China in three to four weeks compared with up to a year

By RAF CASERT Associated Press BRUSSELS (AP) — Christian Democrat Roberta Metsola of Malta has been elected president of the European Union’s parliament. Metsola was the candidate of the parliament’s biggest group, and she received 458 of the 616 votes cast on Tuesday. She succeeds Italian Socialist David Sassoli, who died last week. Metsola is

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s environment minister says the country will gradually phase out coal plants over the next two decades while developing new technologies to reduce, capture and recycle carbon. Environment Minister Tsuyoshi Yamaguchi said in an interview with The Associated Press that Japan hopes to lead a zero-emissions push

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong authorities say they will kill about 2,000 small animals, including hamsters, after several tested positive for the coronavirus at a pet store where an employee was also infected. They say the city will also stop the sale of hamsters and the import of small

BEIJING (AP) — JD.com Inc., China’s biggest online retailer, and Canadian e-commerce service Shopify have launched a venture to give independent U.S. merchants access to JD.com’s 550 million customers. The companies said the tie-up would allow U.S. brands to start selling in China in three to four weeks compared with up to a year typically

By RAF CASERT Associated Press BRUSSELS (AP) — Christian Democrat Roberta Metsola of Malta has been elected president of the European Union’s parliament following the death of Socialist David Sassoli last week. Metsola is only the third woman elected to the post. Her birthday was Tuesday, and at age 43, she is the European Parliament’s

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong authorities say that they will cull some 2,000 small animals after several hamsters tested positive for the coronavirus at a pet store where an infected employee was working. Officials said Tuesday they would also stop the sale hamsters and the import of small mammals

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong authorities say that they will cull some 2,000 small animals, including hamsters, after several of the rodents tested positive for the virus at a pet store where an infected employee was working. Officials said Tuesday they would also stop the sale and import of

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares are mostly lower while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates. Stocks in France, Germany and Britain are lower in early trading. Markets finished lower in Hong Kong, Tokyo, Seoul and Sydney. U.S.