AP National Business

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks shed early gains and fell in afternoon trading on Wall Street Tuesday as the market remains shaky a day after a broad sell-off. The S&P 500 fell 0.8% as of 12:31 p.m. Eastern. The benchmark index was up as much as 1.9% in

By TOM KRISHER AP Auto Writer DETROIT (AP) — The dollars-and-cents counter on the gas pump seems to be spinning faster these days with U.S. prices hitting another record high on Tuesday. The average price for a gallon of regular unleaded hit $4.37, according to AAA, 17 cents higher than just a week ago. Last

By GLENN GAMBOA AP Business Writer Sara Lomelin offered the final TED Talk of this year’s conference, on a particularly star-studded day in Vancouver where she followed actress Bryce Dallas Howard, TV producer Michael Schur, and Tesla CEO Elon Musk talking about the future of his company and his plans for Twitter. The CEO of

By KRISHAN FRANCIS and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s defense ministry has ordered security forces to shoot anyone causing injury to people or property to contain widespread arson and mob violence targeting government supporters. The order came after violent clashes a day earlier left eight people dead and prompted

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks shed early gains and turned lower in late morning trading on Wall Street Tuesday as the market remains shaky a day after a broad sell-off. The S&P 500 fell 0.3% as of 11:24 a.m. Eastern. The benchmark index was up as much as

RICHMOND, Va. (AP) — A Richmond man has pleaded guilty to bank robbery charges in a case that tested the constitutionality of broad search warrants that use Google location history to find people who were near crime scenes. Okello Chatrie pleaded guilty Monday to armed robbery and use of a firearm in the 2019 robbery.

By JILL LAWLESS Associated Press LONDON (AP) — Britain’s Conservative government has set out its agenda for the next year, with sweeping promises to cut crime, improve health care and revive the U.K.’s pandemic-scarred economy. But there was no new help for millions of Britons struggling to pay their bills as the cost of living

GENEVA (AP) — The head of the World Health Organization has called on Pfizer to make its COVID-19 treatment more widely available in poorer countries. WHO Director-General Tedros Adhanom Ghebreyesus said during a news briefing on Tuesday that Pfizer’s pill was still too expensiv despite ethe pharmaceutical company allowing generic producers to make the drug.

By HALELUYA HADERO AP Business Writer Amazon has fired two employees with ties to the grassroots union that led the first successful U.S. organizing effort in the retail giant’s history. The company confirmed Tuesday that it fired Michal, or ‘Mat,’ Cusick and Tristan Dutchin of the Amazon Labor Union on Staten Island, New York. But

Associated Press NEW YORK (AP) — United Rental said Tuesday it has a deal to buy 500 of Ford’s F-150 Lightning electric trucks and 30 of its E-Transit electric vans. United Rental expects 120 of the trucks and all 30 of the vans to be delivered and deployed this year as part of its goal

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks rose in morning trading on Wall Street Tuesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year. The S&P 500 rose 1% as of 10:11 a.m. Eastern. The benchmark index

NEW YORK (AP) — Stocks are opening higher on Wall Street Wednesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year. The benchmark index rose 1.5% in the early going, a day after sinking 3.2%. Big technology stocks, which have been swinging

DETROIT (AP) — Tesla is recalling about 130,000 vehicles across its U.S. model lineup because their touch screens can overheat and go blank. The recalls covers certain Model S sedan and Model X SUVs from 2021 and 2022, as well as Model 3 cars and Model Y SUVs from 2022. Documents posted Tuesday by the

By KELVIN CHAN AP Business Writer LONDON (AP) — Elon Musk, who’s offering to buy Twitter, has given his support to a new European Union law aimed at protecting social media users from harmful content after he met with the bloc’s single market chief. In a video tweeted late Monday by EU Internal Market Commissioner

By JUSTIN SPIKE and SAMUEL PETREQUIN Associated Press BUDAPEST, Hungary (AP) — The European Union wants to impose a new round of sanctions against Russia over its war in Ukraine, but Hungary has emerged as one of the biggest obstacles to unanimous support needed from the bloc’s 27 member nations. The sanctions would phase out

By MICHELLE CHAPMAN and ANNE D’INNOCENZIO AP Business Writers Peloton’s uphill ride to get more sales is getting rougher as more people return to gyms and other pre-pandemic exercise routines and embrace cheaper options. The maker of high-end exercise bikes and treadmills, once highflying in the early days of the pandemic, on Tuesday reported mounting

By MARK GILLISPIE Associated Press CLEVELAND (AP) — A hearing began Tuesday in federal court in Cleveland that will help a judge determine how much CVS, Walgreens and Walmart should pay two northeast Ohio counties to help them ease the continuing opioid crisis. A jury in November concluded that the three pharmacy chains were responsible

NEW YORK (AP) — Wall Street appeared headed for gains when the market opens on Tuesday after recent losses dragged some benchmarks to their lowest levels in more than a year as war, inflation and rising interest rates have rattled investors in 2022. Futures for the S&P 500 and the Dow Jones Industrial Average were

By MARK GILLISPIE Associated Press CLEVELAND (AP) — A hearing will begin Tuesday in federal court in Cleveland that will result in a judge determining how much CVSHealth, Walgreens Co. and Walmart Corp. should pay two northeast Ohio counties to help them abate the continuing opioid crisis. A jury in November concluded that the three

By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — Spain’s government has fired the director of the country’s top intelligence agency following the hacking of politicians’ cellphones. The National Intelligence Center, or CNI, has been under fire for its role in spying on Catalan separatists. The agency also has faced criticism for taking a full