AP National Business

TRAVERSE CITY, Mich. (AP) — In a story published Dec. 15, 2021, about a lawsuit over a Michigan oil pipeline, The Associated Press erroneously reported that U.S. District Judge Janet Neff last month retained jurisdiction over a separate Line 5 case initiated by Enbridge Energy. Neff’s ruling involved a case initiated by the state of

HOFFMAN ESTATES, Ill. (AP) — Sears plans to sell the sprawling suburban Chicago corporate headquarters that has been the struggling retailer’s home for three decades. Sears’ parent company, Transformco, confirmed this week that in early 2022 it plans to market the 273-acre corporate headquarters in the northwest suburb of Hoffman Estates. Transformco has been downsizing

By RAF CASERT Associated Press BRUSSELS (AP) — The European Union and the departed United Kingdom are showing that their relationship remains on the rocks even if last year’s Brexit trade deal was supposed to have ended the acrimony between them. On Friday, they postponed talks on their continued deep-seated differences into the New Year.

By VLADIMIR ISACHENKOV and LORNE COOK Associated Press MOSCOW (AP) — Russia has published draft security demands that NATO deny membership to Ukraine and other former Soviet countries and roll back the alliance’s military deployments in Central and Eastern Europe. The bold ultimatums are almost certain to be rejected by the U.S. and its allies.

BY KELVIN CHAN and DANICA KIRKA Associated Press LONDON (AP) — Christmas revelers across Europe are lying low and changing plans as new restrictions and fears about the omicron variant of the coronavirus persuade many to stay home. That’s magnifying concerns about a second lost holiday season for airlines, restaurants and shops already battered by

By MONIKA SCISLOWSKA Associated Press WARSAW, Poland (AP) — Poland’s president will have the final decision on a controversial media bill seen as targeting a U.S.-owned TV network that’s often critical of the Polish government, after lawmakers overturned a Senate veto on the proposed legislation. The lower house unexpectedly returned to the law that seemed

By DAMIAN J. TROISE AP Business Writer Technology stocks are leading another decline on Wall Street in early trading Friday and every major index is on track for a weekly loss. The S&P 500 fell 1.4% and the Nasdaq fell 1.2%, while both are on track for their third weekly drop in the last four.

BEIJING (AP) — Crews have safely rescued 20 Chinese coal miners trapped inside a flooded shaft, while two others were found dead. The accident at the illegal operation occurred at about 11 p.m. Wednesday in Xiaoyi city in Shanxi province, a major coal-producing region southwest of Beijing. State broadcaster CCTV showed rescue crews bringing the

By ASHOK SHARMA Associated Press NEW DELHI (AP) — India and France have discussed future collaboration and co-production of defense equipment during a visit by the French defense minister. Florence Parly and her Indian counterpart Rajnath Singh expressed their commitment to increase defense cooperation in all domains. Parly said in an interview with The Times

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Emirati billionaire Majid Al Futtaim, who rose from working as a bank clerk to creating an eponymous business empire, including a massive Dubai mall with an indoor ski slope, has died. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced Al Futtaim’s death on

By GEIR MOULSON Associated Press BERLIN (AP) — Members of Germany’s center-right Christian Democratic Union, the party of former Chancellor Angela Merkel, have chosen prominent conservative Friedrich Merz as its new leader. Merz beat two centrist contenders while winning 62.1% support in a ballot of the party’s membership. A party congress next month will have

By VLADIMIR ISACHENKOV and LORNE COOK Associated Press MOSCOW (AP) — Russia has published draft security pacts demanding that Ukraine and other ex-Soviet countries be barred from joining NATO and that restrictions on troops and weapons in Europe be put in place. The documents have been submitted to the U.S. and its allies. Russia is

By ELAINE KURTENBACH AP Business Writer The Federal Reserve and most other central banks are shifting into inflation-fighting mode as pandemic recoveries power ahead despite renewed outbreaks of coronavirus. But while surging prices are haunting consumers and confounding economic planners in the U.S. and other countries, they’re still a distant concern in Japan. Its economy,