AP National Business

The Associated Press Stocks are off to a mixed start on Wall Street, potentially putting an extended winning streak for the market in jeopardy. The S&P 500 index was little changed in the first few minutes of trading Tuesday. The Dow Jones Industrial Average was down 0.2% and the Nasdaq was up by about as

By LEANNE ITALIE Associated Press NEW YORK (AP) — Thanksgiving is Jonatan Mitchell’s favorite holiday. He and his wife usually host up to 20 loved ones. He’d been looking forward to the day this year after calling off the gathering in 2020 due to the pandemic. But one of the most pressing issues of the

By HALELUYA HADERO AP Business Writer A coalition of philanthropies announced plans Tuesday to launch a nonprofit newsroom that will provide coverage of Cleveland, kicking off an effort to help fill a void left by the shrinking of news organizations in Ohio. The donors say theirs will be one of the largest local nonprofit news

DUBAI, United Arab Emirates (AP) — The chairman of Dubai-based real estate developer Union Properties has been dismissed from his position on the company’s board along with three other board members. The announcement Tuesday on Dubai’s stock exchange website leaves in place just three of the company’s seven board members. The decision follows an order

By TOM KRISHER AP Auto Writer DETROIT (AP) — The U.S. government’s road safety agency has paid more than $24 million to a whistleblower who reported that Hyundai and Kia moved too slowly to recall over 1 million vehicles with engine problems. The National Highway Traffic Safety Administration says the award is the first it

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said inequality can prevent the U.S. economy from reaching its potential. He underscored the Fed’s commitment to reducing unemployment as broadly as possible, including among disadvantaged groups. Powell’s comments illustrate one reason why the Fed has been hesitant to reverse its

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Inflation at the wholesale level rose 8.6% last month from a year earlier, matching September’s record annual gain and offering more evidence that inflationary pressures are not yet easing. The Labor Department reported Tuesday that its producer price index — which measures inflation before it hits

By LEANNE ITALIE AP Entertainment Writer NEW YORK (AP) — A lot of that human-pet bonding during the pandemic is slowly coming to an end as more offices reopen. So what’s a lonely dog to do? Turns out, a lot. And we don’t mean a slow all-day whine, a messy rug delivery or mass furniture

By MATTHEW BROWN and GILLIAN FLACCUS Associated Press PORTLAND, Ore. (AP) — U.S. wildlife officials say political appointees in the Trump 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 millions

By LEANNE ITALIE AP Entertainment Writer NEW YORK (AP) — In this world, there’s a book for everybody. Take advantage of that sentiment during the holiday shopping season. Book sales have thrived during the pandemic. Some new nonfiction might hit your holiday gifting sweet spot. A few examples: Costume designer and dress historian Camille Benda

By SYLVIA HUI Associated Press LONDON (AP) — A British newspaper publisher has begun its court appeal against a judge’s ruling that it invaded the privacy of the Duchess of Sussex by publishing parts of a letter she wrote to her estranged father, arguing that she knew the letter would potentially be published. Publisher Associated

By LEANNE ITALIE AP Entertainment Writer NEW YORK (AP) — TikTok was a hit for millions during quarantine times. And the hashtag TikTokMadeMeBuyIt endures. Look no further than its pandemic-enlarged ranks for unique holiday gifts. There’s something for everybody down that yellow brick road for shoppers. There’s the hot Halara athleisure dress and a miracle

BERLIN (AP) — German pharmaceutical company BioNTech says its earnings grew again in the third quarter. The company partnered with Pfizer to develop the first widely used COVID-19 vaccine. It reported Tuesday a net profit of over 3.2 billion euros for the July-September period. That compares with a loss a year earlier of 210 million

By JENNIFER PELTZ Associated Press NEW YORK (AP) — Big cannabis companies are backing a new, celebrity-infused campaign to enlist marijuana users to pressure Congress to legalize pot nationwide. The initiative launched Tuesday is spearheaded by the industry’s U.S. Cannabis Council and HeadCount, a voter registration group. Actor-comedians Seth Rogen and Sarah Silverman are among

DUBAI, United Arab Emirates (AP) — A top prosecutor in the United Arab Emirates has called for the detention of the chairman of Dubai-based real estate developer Union Properties, pending an investigation into the company. A company disclosure posted on the Dubai Financial Market stock exchange website late Monday included the Arabic letter from the

By MICHELLE CHAPMAN AP Business Writer General Electric is splitting itself into three public companies that concentrate on aviation, healthcare and energy. The company said Tuesday that it plans a spinoff of its healthcare business in early 2023 and of its energy segment in early 2024. GE anticipates keeping a 19.9% stake in the healthcare

By KELSEY SHEEHY of NerdWallet Highly targeted advertising on social media sites like Instagram and Facebook makes it easier than ever for brands to get in front of their target market. But these ads also make it easier for shady brands to dupe shoppers. Before you buy, take some time to vet the company. Search

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese electronics maker Sony and TSMC of Taiwan say they are jointly building a computer chip plant in Japan with an initial investment of $7 billion. The plant in Kumamoto, southwestern Japan, will be the first foundry in Japan for TSMC, one of the world’s leading

By RAF CASERT and KELVIN CHAN Associated Press BRUSSELS (AP) — Facebook whistleblower Frances Haugen is warning that the virtual reality world at the heart of the social media giant’s growth strategy will be addictive and rob people of personal information while giving the company another monopoly online. In an interview Tuesday with The Associated

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Nissan has reported a $479 million profit for the last quarter, a reversal from the loss it racked up a year earlier. The improvement came despite shortages of computer chips that are plaguing the auto industry. Chief Operating Officer Ashwani Gupta said Tuesday that Nissan’s performance