AP National Business

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Hertz, Lee Enterprises rise; Walmart, Peloton fall.

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet. Shopper traffic roared back on Black Friday, but it was still

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — A new union election for Amazon workers in Bessemer, Alabama, will be held based on objections to the first vote that took place in April. The move is a major blow to Amazon, which had spent about a year aggressively campaigning for warehouse workers in

By DAMIAN J. TROISE, STAN CHOE and PAUL WISEMAN AP Business Writers NEW YORK (AP) — The stock market steadied itself Monday following a slide last week brought on by the newest coronavirus variant. Investors are waiting for more clues about just how much damage the new strain may do to the economy. The S&P

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — A labor official is confirming a new union election for Amazon workers in Bessemer, Alabama based on objections to the first vote. The rare move was first announced by the Retail, Wholesale and Department Store Union, which spearheaded the union organizing movement. A National Labor

By FRANK JORDANS Associated Press BERLIN (AP) — Chancellor Angela Merkel will hold talks with the governors of Germany’s 16 states amid growing concern about the steep rise in new coronavirus cases in the country. The video call between Merkel and the governors will take place Tuesday after Germany’s highest court rules on complaints filed

By DAMIAN J. TROISE, STAN CHOE and PAUL WISEMAN AP Business Writers NEW YORK (AP) — Wall Street is steadying itself Monday from last week’s slide caused by the newest coronavirus variant, as investors wait for more clues about just how much damage it may do to the economy. The S&P 500 was 1.6% higher

By MICHELLE CHAPMAN and TALI ARBEL AP Business Writer Twitter co-founder Jack Dorsey has stepped down as CEO of the social media platform. He has been succeeded by Twitter’s current chief technology officer, Parag Agrawal. Dorsey will remain on the board until his term expires in 2022. Agrawal joined Twitter in 2011 and has been

By ARITZ PARRA and HELENA ALVES Associated Press LISBON, Portugal (AP) — Portuguese health authorities have identified 13 cases of the omicron coronavirus variant among members of a top soccer club, and were investigating possible local transmission of the virus outside of southern Africa. The Ricardo Jorge National Health Institute said that one of those

MOSCOW (AP) — The developer of Russia’s Sputnik V vaccine says it will work on adapting it to the new omicron COVID-19 variant. The Gamaleya Institute and the Russian Direct Investment Fund that has bankrolled Sputnik V and its one-shot Sputnik Light version said in a statement Monday that the existing vaccine should be efficient

By PAN PYLAS Associated Press LONDON (AP) — Britain is extending its COVID-19 booster vaccine program to millions more people as part of efforts to tackle the spread of the new omicron variant, which is feared to be more contagious and vaccine resistant. The British government said Monday that it would accept in full the

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Consumers are expected to spend between $10.2 billion and $11.3 billion on Monday, making it once again the biggest online shopping day of the year, according to Adobe Digital Economy Index. Still, spending on what is known as Cyber Monday could drop from last year’s

BERLIN (AP) — Chancellor Angela Merkel will hold talks with the governors of Germany’s 16 states amid growing concern about the steep rise in new coronavirus cases in the country. The video call between Merkel and the governors will take place Tuesday after Germany’s highest court rules on complaints filed against nationwide restrictions to curb

By MICHELLE CHAPMAN AP Business Writer Twitter says co-founder Jack Dorsey will step down as CEO of the social media platform. He will be succeeded by Twitter’s current Chief Technology Officer Parag Agrawal. Dorsey will remain on the board until his term expires in 2022. Agrawal has been CTO since 2017 and at Twitter since

By DAMIAN J. TROISE AP Business Writer Stocks are edging higher on Wall Street Monday as markets regain their footing following a big stumble on Friday on worries about the spread of the new variant of the coronavirus. Signs of fear in the market also ebbed as traders regained their appetite for riskier assets. The

By WILL GRAVES AP Sports Writer PITTSBURGH (AP) — Fenway Sports Group has reached an agreement with the Pittsburgh Penguins that would give the conglomerate controlling interest in one of the NHL’s marquee franchises. The Penguins announced the two sides have come to terms on a deal, which will need to be approved by the

By JILL LAWLESS Associated Press LONDON (AP) — Scotland’s leader says she will renew her push for independence from the United Kingdom next year with the aim of holding a referendum on secession in 2023. First Minister Nicola Sturgeon said Monday that the independence campaign “will resume in earnest” in spring 2022 “COVID permitting.” She

Shares of Twitter are surging on a report that co-founder Jack Dorsey will step down as the company’s chief executive. Twitter’s stock, which has consistently underperformed the market,  jumped more than 10% at the opening bell Monday. CNBC first reported that Dorsey may step down soon, citing anonymous sources. Twitter did not immediately respond to

ISTANBUL (AP) — A powerful storm has pounded Istanbul and other parts of Turkey, killing at least four people and causing havoc in the city of 15 million people. The state-run Anadolu Agency reported that one of the victims was a woman who was killed after strong gusts tore off part of a roof which