AP National Business

By MATT O’BRIEN AP Technology Writer Apple is letting some iPhone users fix their own phones, a sharp turnaround for a company that has long prohibited anyone except Apple-approved technicians from fiddling with its proprietary parts and software. The company said Wednesday it will enable users of two of the newest iPhone models and later

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Stock indexes shuffled lower on Wall Street Wednesday, pulling a bit further off their record heights. The S&P 500 fell 0.3% after earlier drifting between a tiny gain and a 0.4% decline. It’s sitting just below its all-time high set a

By TOM KRISHER AP Auto Writer DETROIT (AP) — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations. Experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills due next year. As of early Wednesday, Musk had sold roughly

DETROIT (AP) — Toyota is recalling more than 238,000 Camry sedans mainly in North America because they can suddenly lose the power assist in the brake system. The recall covers certain midsize sedans from the 2018 and 2019 model years. Toyota said Wednesday in a statement that some brake system components can wear prematurely. If

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — New Jersey’s red-hot sports betting industry smashed its own national record in October for the highest amount of bets taken in a single month, topping $1.3 billion. That figure easily surpassed the just over $1 billion worth of bets that Atlantic City’s nine casinos and

By ZEKE MILLER Associated Press WASHINGTON (AP) — The Biden administration is making billions of dollars available to drugmakers to scale up domestic production of COVID-19 vaccines. It hopes that will build capacity to produce an additional 1 billion shots per year to share globally as well as prepare for the next pandemic. Under the

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — California officials are asking the full 9th U.S. Circuit Court of Appeals to reconsider a ruling that rejected the state’s first-in-the-nation ban on for-profit private prisons and immigration detention facilities. Last month’s ruling by a three-judge appellate panel maintained a key piece of the nation’s detention

LOS ANGELES (AP) — Battery-powered vehicles will get top billing at the Los Angeles Auto Show opening this week after a year’s hiatus due to the coronavirus pandemic. Subaru will unveil its first all-electric vehicle, a smallish SUV named the Solterra. VinFast is a Vietnamese automaker that plans to start selling in the U.S. next

By RAF CASERT Associated Press BRUSSELS (AP) — Belgium has extended the use of facemasks and mandatory remote work in an attempt to contain a new surge of COVID-19 cases. Prime Minister Alexander De Croo said Wednesday that facemasks would be mandatory in crowded places for those 10 and older and that remote work, where

By ERIC TUCKER, ALAN SUDERMAN and FRANK BAJAK Associated Press WASHINGTON (AP) — An advisory issued by officials in the United States, United Kingdom and Australia warns that hackers linked to the Iranian government have been targeting a “broad range of victims” inside the U.S. with ransomware and other malicious cyber activity. The advisory says

By KEN SWEET AP Business Writer NEW YORK (AP) — President Joe Biden nominated Saule Omarova to be the nation’s next comptroller of the currency in September. If confirmed, she would be the first woman and person of color to run the 158-year-old agency. But Omarova’s nomination to a typically low-profile agency has drawn intense

By KAREL JANICEK Associated Press PRAGUE (AP) — The Czech Republic and Slovakia have both reported record daily new coronavirus cases. The Czech daily tally soared to 22,479 new cases, eclipsing the previous record set Jan. 7 and nearly 8,000 more than just a week ago. Slovakia’s 8,342 new virus cases broke a record set

By MATTHEW BARAKAT Associated Press WASHINGTON (AP) — A sculpture sponsored by Amazon Web Services that uses artificial intelligence to integrate viewers’ feelings into the artwork is being featured at the Smithsonian. The sculpture is called “me + you.” It listens to what you have to say about the future and renders your sentiment in

By DAMIAN J. TROISE AP Business Writer Stocks are moving lower on Wall Street as the market takes a choppy turn amid inflation concerns. The S&P 500 fell 0.2% and slid further below the record high it set last week. The Dow Jones Industrial Average fell 0.4% and the Nasdaq fell 0.4%. Visa sank 5.7%

By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — A U.S. appeals court has reinstated a ban on lobster harvesting in hundreds of miles of productive fishing waters off the Maine coast to try to protect rare whales. The Maine Lobstering Union had won emergency relief to stop the closure of lobstering grounds. Federal regulators

DETROIT (AP) — Volkswagen Group is recalling more than 240,000 Audi vehicles in the U.S. and Canada because an electric cable problem can cause a computer to disable the passenger air bag. The recall covers certain 2017 through 2020 Audi A4, RS5, A5, S4 and S5 models. VW says in documents filed with the U.S.

The Associated Press Stocks are opening lower on Wall Street, pulling the S&P 500 further below the record high it set last week. The benchmark index was down 0.2% in the early going Wednesday, and the Dow Jones Industrial Average and the Nasdaq were each down about 0.1%. Visa sank 5% after Amazon said it

LONDON (AP) — The European Union’s drug regulator says it received an application from Novavax to authorize the American biotechnology company’s coronavirus vaccine. In a statement on Wednesday, the European Medicines Agency said it had begun evaluating data submitted by Novavax for its two-dose vaccine. The agency says an expedited review process could produce a