AP National Business

ROME (AP) — Italy has set Jan. 24 as the start date to begin voting for a new Italian president. The announcement Tuesday by the lower chamber of parliament officially kicks off a campaign that is expected to see Premier Mario Draghi and ex-Premier Silvio Berlusconi vie for the prestigious job. The victor will replace

DEARBORN, Mich. (AP) — Ford says it will nearly double the annual production of its electric F-150 Lightning pickup truck based on a high number of advance reservations. The company says that it will be able to build at a rate of 150,000 pickups per year at its electric vehicle factory in Dearborn, Michigan, by

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares are mostly higher despite worries about rising numbers of cases of the coronavirus. Benchmarks in France, Germany and Britain are rising in early trading, while U.S. futures are also gaining. Japan’s benchmark Nikkei 225 jumped 1.8% in Tokyo’s first trading day of 2022. Among

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mostly higher despite worries about rising numbers of cases of coronavirus in the region. Japan’s benchmark Nikkei 225 jumped 1.8% in Tokyo’s first trading day of 2022. Among the gainers were Toyota, Sony and SoftBank. Shares rose in Australia and South Korea, but

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — The fraud conviction of former Theranos CEO Elizabeth Holmes could offer Silicon Valley some valuable lessons about the dangers of hype and hiding problems. Will anyone take them to heart? Don’t count on it. Holmes was convicted of duping investors into believing her startup

BEIJING (AP) — American activists are appealing to Tesla Inc. to close a new showroom in China’s northwestern region of Xinjiang, where officials are accused of abuses against mostly Muslim ethnic minorities. The appeals add to pressure on foreign companies to take positions on Xinjiang, Tibet, Taiwan and other politically charged issues. The ruling Communist

By JOE McDONALD AP Business Writer BEIJING (AP) — A troubled Chinese real estate developer that is struggling with $310 billion in debt has suffered a new blow after it was ordered to demolish a 39-building resort complex. Evergrande Group was found to have improperly built the project in Danzhou, a city on the island

BEIJING (AP) — Activists are appealing to Tesla Inc. to close a new showroom in China’s northwestern region of Xinjiang, where officials are accused of abuses against mostly Muslim ethnic minorities. The appeals add to pressure on foreign companies to take positions on Xinjiang, Tibet, Taiwan and other politically charged issues. The ruling Communist Party

By JOE McDONALD AP Business Writer BEIJING (AP) — A troubled Chinese real estate developer that is struggling with $310 billion in debt has suffered a new blow after it was ordered to demolish a 39-building resort complex. Evergrande Group was found to have improperly built the project in Danzhou, a city on the island

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are trading mixed as worries about the omicron variant of coronavirus tempered optimism set off by a rally on Wall Street. Japan’s benchmark Nikkei 225 jumped in morning trading, as the finance minister and other guests rang a bell to herald the first day

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — Elizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood. The case exposed Silicon Valley’s culture of hubris and hype.

WORCESTER, Mass. (AP) — Nurses at a Massachusetts hospital have voted to ratify a new four-year contract with management that ends what their union calls the longest nurses strike in state history. The deal was ratified during an all-day vote Monday. The tentative agreement between about 700 nurses at St. Vincent Hospital in Worcester and

By AUDREY McAVOY Associated Press HONOLULU (AP) — Hawaii’s Department of Health is upholding the governor’s order requiring the Navy to drain massive World War II-era fuel tanks after oil leaking from the facility contaminated Pearl Harbor’s tap water. The department’s deputy director says she agrees with the conclusions of an official appointed by the

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — Elizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood. The case exposed Silicon Valley’s culture of hubris and hype.

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes confirmed Monday that it is deadlocked on three of the 11 felony counts against her, signaling the end may be near for a legal drama that’s captivated Silicon Valley. Those charge her with

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes said Monday it is deadlocked on three of the 11 felony counts against her, signaling the end may be near for a legal drama that’s captivated Silicon Valley. Those charge her with duping

FORT LAUDERDALE, Fla. (AP) — Federal prosecutors say a South Florida man tried to obtain more than $4.2 million in COVID-19 relief funds by filing false loan applications. Court records show that 27-year-old Valesky Barosy made his first appearance last week in Fort Lauderdale federal court. He faces multiple charges and up to 132 years

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — New York’s attorney general recently issued subpoenas to former President Donald Trump and his two eldest children in connection with an ongoing civil investigation into the family’s business practices. Attorney General Letitia James’ office said in a court filing Monday that it is seeking testimony

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes said Monday it is deadlocked on three of the 11 felony counts against her, signaling the end may be near for a legal drama that’s captivated Silicon Valley. Those charge her with duping