AP National Business

By ELAINE KURTENBACH AP Business Writer Asian shares have tracked Wall Street’s retreat, with Chinese benchmarks leading the decline after the government reported a surge in inflation in October. On Wall Street, stocks ended moderately lower on Tuesday, ending an eight-day winning streak for the market that had been fueled by strong company earnings and

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — Making coronavirus vaccines more accessible and reducing carbon emissions were two key pledges agreed to by top Pacific Rim lawmakers. But what went unstated were the deep tensions that run through the unlikely group of 21 nations and territories that include the U.S., China, Taiwan,

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Satellite tracking data and other signals suggest a Vietnamese oil tanker earlier seized by Iran has been freed by the Islamic Republic. The Sothys left a position off Iran’s Bandar Abbas port and had reached international waters in the nearby Gulf of Oman. That’s

By DAVID BAUDER AP Media Writer NEW YORK (AP) — Brian Williams says he’s leaving NBC News at the end of the year. He remade his career as an MSNBC host after losing his job as “NBC Nightly News” anchor in 2015 for making false claims about his role in a wartime story. His contract

LAS VEGAS (AP) — The executive who took over as head of casino company Wynn Resorts when its founder and namesake Steve Wynn resigned in February 2018 has announced he’ll step down at the end of January. Matt Maddox said in a statement he believed that after four years as CEO it was the right

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — The owner of a San Francisco Bay Area solar energy company has been sentenced to 30 years in federal prison for an audacious Ponzi scheme that defrauded investors of $1 billion. Jeff Carpoff received the maximum penalty Tuesday after pleading guilty last year to conspiracy to

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s Prime Minister Scott Morrison has launched a $738 million investment fund to fast-track emerging low emissions technologies including carbon capture and storage. The ruling conservative coalition wants the fund to be administered by the Clean Energy Finance Corp., a government-owned green bank. But that would require

SAN DIEGO (AP) — San Diego is suing scooter companies to get them to pay the city’s costs to defend any lawsuits generated by the two-wheeled vehicles that have proliferated on public sidewalks. The Union-Tribune reports the city attorney filed suit against Bird, Lyft and other firms that signed operating agreements with San Diego to

SEATTLE (AP) — A small publishing company in Vermont is suing Sen. Elizabeth Warren, saying her chastising Amazon over the sale of a book that promotes misinformation about COVID-19 amounted to censorship. The company, Chelsea Green, published a book called “The Truth About COVID-19,” which accuses the “global elite” of using the pandemic to grab

By BARBARA ORTUTAY AP Technology Writer Facebook’s parent company Meta says it will remove sensitive ad targeting options related to health, race or ethnicity, political affiliation, religion or sexual orientation beginning on Jan. 19. Advertisers can currently target people who, through their online activity the company tracks, have expressed interest in issues, public figures or

By MATTHEW BROWN and GILLIAN FLACCUS Associated Press PORTLAND, Ore. (AP) — U.S. wildlife officials say political appointees in President Donald Trump’s administration relied on faulty science to justify stripping habitat protections for the imperiled northern spotted owl. The U.S. Fish and Wildlife Service on Tuesday struck down a Trump-era rule that would have opened

By DEE-ANN DURBIN AP Business Writer DoorDash is buying Finnish delivery service Wolt Enterprises, expanding its reach into Europe and other markets. San Francisco-based DoorDash announced the $8.1 billion deal Tuesday. DoorDash CEO Tony Xu said the combined companies will reach 700 million people. DoorDash’s shares soared 19% in after-hours trading. The news came as

By MICHELLE CHAPMAN AP Business Writer General Electric will divide itself into three public companies focused on aviation, health care and energy. The storied American manufacturer struggled under its own weight after growing to become a sprawling conglomerate. The breakup is the culmination of an arduous, yearslong reshaping of a symbol of American manufacturing might

By DAVID BAUDER AP Media Writer NEW YORK (AP) — Fox News Channel’s prime-time lineup tends to make the most noise and attract the most attention, but last month, viewers have been drawn to something earlier. During October, the network’s panel show ‘The Five’ eclipsed every cable news show in popularity for the first time

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: PayPal, TripAdvisor fall; General Electric, Zynga rise.

By DEE-ANN DURBIN AP Business Writer Panera is returning to the public markets after four years in private hands. St. Louis-based Panera Brands filed initial paperwork Tuesday for an IPO. It did not give a date or say how many shares will be offered. Restaurateur Danny Meyer, who developed the Shake Shack brand, said he

By DAMIAN J. TROISE AP Business Writer Stocks ended moderately lower on Tuesday, ending an eight-day winning streak for the market that had been fueled by strong company earnings and economic data. The market was pulled lower by companies that rely on consumer spending and technology stocks, which had driven the market higher in recent

By JOSH BOAK Associated Press BALTIMORE (AP) — The Biden administration is relying on infrastructure dollars to help fix the clogged ports and blanket the nation with internet access. But a series of initiatives rolled out on Tuesday show that the urgent pace might not be fast enough to address the immediate needs of an