AP National Business

WASHINGTON (AP) — The Supreme Court has turned away a request by Johnson & Johnson to halt a Mississippi lawsuit over its talcum powder products. The case the justices turned away Monday dates to 2014, when Mississippi sued the New Brunswick, New Jersey-based company. Mississippi argues Johnson & Johnson violated state law by failing to

The Associated Press Stocks are opening modestly lower on Wall Street Monday as the market gets the week off to a slow start following its best weekly gain since February. The S&P 500 index fell 0.3% in the early going. The tech-heavy Nasdaq gave up 0.2% and the Dow Jones Industrial Average fell 0.4%. Energy

MILWAUKEE (AP) — Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion. The news gave a jolt to long-suffering shares of Harley-Davidson, which are up 12% before the opening bell Monday. Under the agreement, the special

By HARRIET MORRIS and VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — A Japanese space tourist has rebuffed criticism from those who questioned his decision to pay a fortune for a trip to the International Space Station, saying the “amazing” experience was worth it. Speaking to The Associated Press in a live interview Monday from the

By TOM MURPHY AP Health Writer Pfizer is spending $6.7 billion to buy a drugmaker with no products on the market and a focus on developing treatments for inflammatory conditions like Chrohn’s disease. The pharmaceutical giant said Monday it will pay $100 in cash for each share of Arena Pharmaceuticals in a deal already approved

MADRID (AP) — More than 50 people have been evacuated from areas in northern Spain hit by record flooding following heavy rain and snowfall. Spanish authorities blamed the flooding for the deaths of at least two people since Friday. The regions of Navarra and Aragón remained under severe weather warnings. In Novillas, a village of

By JAMEY KEATEN Associated Press GENEVA (AP) — Geneva prosecutors have fined a Swiss bank for failing to alert money laundering authorities about millions in funds from Saudi Arabia that went to former Spanish King Juan Carlos and his ex-lover, but have dropped any charges against his associates in the case. The Geneva prosecutor’s office

MILAN (AP) — Milan menswear previews for fall/winter 2021-22 are returning to a mostly in-person format in January, with Zegna, Giorgio Armani, Fendi and Prada among the 22 brands staging live runway shows. The president of the Italian National Fashion Chamber said Monday that the success of the womenswear calendar in September, when there were

MILWAUKEE (AP) — Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion. The news gave a jolt to long-suffering shares of Harley-Davidson, which are up 12% before the opening bell Monday. Under the agreement, the special

BERLIN (AP) — A German court has convicted eight people over their role in a data processing center installed at a former military bunker that hosted sites dealing in drugs and other illegal activities. The data center at the former NATO bunker in Traben-Trarbach, a picturesque town on the Mosel River in western Germany, was

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration is set to release a federal strategy to build 500,000 charging stations for electric vehicles across the country and ultimately transform the U.S. auto industry. The $1 trillion infrastructure law President Joe Biden signed last month authorizes the charging stations and sets aside $5

By LIZ WESTON of NerdWallet For people 50 and older, taking care of year-end financial tasks can help you make the most of your money. As 2021 draws to a close, begin your end-of-the-year financial to-do list with evaluating your retirement savings rate and considering making catch-up contributions to tax-advantaged accounts such as a 401(k)

BERLIN (AP) — The German government has approved 60 billion euros in funding to be used for combating climate change and modernizing the country. The new finance minister on Monday described the move as a “booster” for Europe’s biggest economy. The supplementary budget approved by the Cabinet entails putting the money into a government fund

LONDON (AP) — British antitrust regulators are opening an investigation into Microsoft’s $16 billion acquisition of speech recognition company Nuance. It’s the latest sign they’re tightening up scrutiny of big technology deals. The Competition and Markets Authority said Monday that it’s looking into the purchase because of concerns that it could result in a “substantial

ANKARA, Turkey (AP) — The Turkish currency has dipped to an all-time low amid another anticipated interest rate cut later this week and after the S&P credit rating agency downgraded its outlook for Turkey. The Turkish lira plummeted to 14.75 against the U.S. dollar Monday, prompting Turkey’s Central Bank to intervene by selling off foreign

WASHINGTON (AP) — Vice President Kamala Harris is announcing $1.2 billion in commitments from international businesses to support the economies and social infrastructure of Central American nations. Harris was tapped in March by President Joe Biden to work to counter the social, economic and political forces that drive migrants and asylum seekers to the U.S.

BERLIN (AP) — Germany’s new government says it is extending the country’s current incentive payments for buyers of electric and hybrid cars by a year. But the country’s economy and climate ministry said Monday that the government is planning tougher requirements for vehicles to qualify for the support. The ministry says it will only provide

By JOE McDONALD AP Business Writer BEIJING (AP) — Global stock markets are mostly higher ahead of a Federal Reserve meeting this week that is expected to accelerate plans to wind down U.S. economic stimulus after November inflation hit a 39-year high. London, Shanghai and Tokyo advanced while Frankfurt opened lower. Oil prices rose by