AP National Business

BEIJING (AP) — China has announced sanctions on four members of the U.S. government’s Commission on International Religious Freedom in retaliation for penalties imposed on Chinese officials over complaints of abuses in the country’s northwestern Xinjiang region. The tit-for-tat sanctions add to spiraling tension over Xinjiang. Activists are calling for a boycott of February’s Winter

By ZEYNEP BILGINSOY Associated Press ISTANBUL (AP) — The Turkish lira was making significant gains Tuesday after the country’s president announced new measures to safeguard deposits in the national currency against currency fluctuations. The lira hit an all-time low of 18.36 against the U.S. dollar Monday but rebounded to a high of 11.09 Tuesday morning.

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares are mostly higher after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and other benchmarks in Asia also were higher. On Monday, the S&P

ST. PAUL, Minn. (AP) — State regulators who three years ago issued an air quality permit for a proposed copper-nickel mine in northwestern Minnesota are standing by their decision. The Minnesota Pollution Control Agency said in a report issued Monday that the mine did not provide misleading on its construction plans. It’s a blow to

The Department of Justice and the Consumer Financial Protection Bureau are warning mortgage servicers and landlords to heed rules meant to protect members of the U.S. military against foreclosure, eviction and other potential housing-related financial hardships during the pandemic. The move, announced Monday, comes as forbearance programs put in place in the early weeks of

By JANIE HAR Associated Press SAN FRANCISCO (AP) — San Francisco’s DA has pushed back on the mayor’s call for increased policing to battle rampant drug dealing in one of the city’s most vulnerable neighborhoods. Chesa Boudin and others urged Mayor London Breed to put more money into housing and treatment to get at the

By WAYNE PARRY Associated Press TRENTON, N.J. (AP) — A bill that would give tax relief to Atlantic City’s casinos is being considered by New Jersey lawmakers. The full state Senate passed a bill Monday making changes to an existing law enabling the nine casinos to make payments in lieu of property taxes.  The Assembly

By LISA MASCARO and FARNOUSH AMIRI Associated Press WASHINGTON (AP) — Democrats are trying to pick up the pieces after West Virginia Sen. Joe Manchin effectively crushed President Joe Biden’s big domestic policy bill. They faced serious questions Monday over whether the $2 trillion initiative can be refashioned to win his crucial vote or the

By ANDREW SELSKY Associated Press SALEM, Ore. (AP) — Oregon is on the verge of signing onto a $26 billion settlement with the three largest distributors of opioids and drugmaker Johnson & Johnson after being one of the latest holdout states to join. The state’s attorney general announced the breakthrough Monday. The state had argued

By LARRY NEUMEISTER and TOM HAYS Associated Press NEW YORK (AP) — The sex trafficking trial of Ghislaine Maxwell is speeding to a conclusion. The jury began deliberations late Monday in Manhattan federal court. The jury went home after less than an hour. Earlier, a prosecutor said during closing arguments that the 59-year-old Maxwell is

By LARRY NEUMEISTER and TOM HAYS Associated Press NEW YORK (AP) — The fate of Ghislaine Maxwell is now squarely in the hands of a jury. The jury received the case in Maxwell’s sex-trafficking trial just before 5 p.m. Monday, after prosecutors and Maxwell’s defense attorneys delivered closing arguments. A prosecutor told jurors that the

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Ball, Occidental fall; Verso, Bluerock Residential rise.

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street joined a worldwide slump for financial markets on Monday amid worries about how badly the omicron variant, inflation and other forces will hit the economy. The S&P 500 fell 1.1%, following up on similar drops across Europe and Asia. Stocks of

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street joined a worldwide slump for financial markets on Monday amid worries about how badly the omicron variant, inflation and other forces will hit the economy. The S&P 500 fell 1.1%, following up on similar drops across Europe and Asia. Stocks of

By FRANK BAJAK and VANESSA GERA Associated Press WARSAW, Poland (AP) — Security researchers say they’ve found spyware from the notorious hacker-for-hire company NSO Group on the cellphones of two leading Polish opposition figures. One is a high-profile lawyer hacked in the final weeks of pivotal 2019 parliamentary elections. The other is a prosecutor challenging

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Former President Donald Trump sued New York Attorney General Letitia James on Monday, seeking to end her civil investigation into his business practices. The lawsuit was filed two weeks after James requested that Trump sit for a deposition next month. Trump alleges the Democratic attorney

By GLENN GAMBOA AP Business Writer At the start of the pandemic, the need for the food Jaron Barganier’s nonprofit, Be a Champion, provides to kids throughout Texas exploded. Barganier, looking at demand that more than tripled to about 100,000 meals a day, turned to The PepsiCo Foundation’s Food for Good for help. The PepsiCo

By MARK PRATT Associated Press BOSTON (AP) — Federal prosecutors say one of five Russian nationals accused of making tens of millions of dollars by trading shares of companies using information stolen during hacks of U.S. computer networks has been extradited to the U.S. The U.S. attorney’s office in Boston said Monday that 41-year-old Vladislav