AP National Business

WASHINGTON (AP) — In a story published Oct. 31, 2021, The Associated Press identified Paul Barrett as teacher of a seminar in law, economics and journalism at New York University. The story should also have noted that his title is deputy director of NYU’s Stern Center for Business and Human Rights. 

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Zillow Group says it will stop buying and selling homes, citing the unpredictability of forecasting housing prices. The Seattle-based real estate information company said Tuesday that it will wind down its Zillow Offers unit, a process that will take several quarters and will result in

SANTA FE, N.M. (AP) — A hearing examiner is recommending that New Mexico regulators reject a proposed merger involving the state’s largest utility, Public Service Co. of New Mexico, with Spanish energy giant Iberdrola. The recommendation by Public Regulation Commission hearing examiner Ashley Schannauer says the potential downsides of the merger outweigh the benefits. Under

By LAURAN NEERGAARD and MIKE STOBBE AP Medical Writers An influential advisory panel is recommending Pfizer’s kid-size COVID-19 vaccine for all children ages 5 to 11. If the director of the Centers for Disease Control and Prevention agrees later Tuesday, the U.S. will embark on a major and long-awaited expansion of vaccinations. Pfizer already has

By MATTHEW DALY Associated Press WASHINGTON (AP) — The chairwoman of the House Oversight Committee has issued subpoenas to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry concealed evidence about the dangers of global

PARSIPPANY, N.J. (AP) — Shares of Avis doubled after the rental car company’s third-quarter results showed it is well on the road to recovery from damage inflicted by the pandemic on the global travel industry. Its third-quarter profit easily beat Wall Street expectations and its sales rose above pre-pandemic levels. Shares in Avis Budget Group

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Arista Networks, Pfizer rise; Chegg, Harsco fall.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed higher on Wall Street Tuesday, pushing the Dow Jones Industrial Average to its first close above 36,000 points. The Dow added 0.4%, the broader S&P 500 also added 0.4% and the Nasdaq climbed 0.3%. The gains came ahead of more news this week

PHILADELPHIA (AP) — A federal judge in Philadelphia has rejected a defense motion to dismiss a corruption case mid-trial against powerful labor leader Johnny “Doc” Dougherty and City Council Member Bobby Henon. The case now moves to the defense phase after four weeks of prosecution evidence that included wiretapped phone calls. Prosecutors say Dougherty kept

By FRANK JORDANS Associated Press GLASGOW, Scotland (AP) — The head of the U.N. nuclear agency says atomic power can play a key role in balancing climate concerns and the world’s energy needs. Many environmentalists have long been skeptical of atomic power. They cite the potential for disastrous accidents and the lingering issue of what

By RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — African leaders and campaigners are pressing the international community to do more to support efforts to adapt to climate change, seizing on evidence showing the continent to be the most endangered by the effects of global warming. The head of the African Union, Congolese President Felix

By ELLEN KNICKMEYER Associated Press GLASGOW, Scotland (AP) — China’s climate envoy is defending his country’s pace of emissions cuts at the Glasgow, Scotland climate summit. Veteran climate negotiator Xie Zhenhua spoke to reporters at a press conference at the summit Tuesday. China’s dependence on coal power helps make it the biggest current climate polluter,

By EMILY HAYNES and MICHAEL THEIS of The Chronicle of Philanthropy Chronicle of Philanthropy In the wake of the most devastating public-health emergency in a century and the resulting economic uncertainty, Americans provided more charitable dollars to United Way Worldwide than any other nonprofit focused on direct aid, followed by the Salvation Army and St.

By MATT O’BRIEN and BARBARA ORTUTAY AP Technology Writers PROVIDENCE, R.I. (AP) — Facebook said it will shut down its face-recognition system and delete faceprints of more than 1 billion people. The unexpected announcement, delivered with little fanfare in a blog post published Tuesday, represents an abrupt about-face for the social network, which first launched

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks edged higher in afternoon trading on Wall Street Tuesday ahead of more news this week from the Federal Reserve and on the jobs market. The S&P 500 rose 0.3%. The Dow Jones Industrial Average rose 0.4%, on pace to close above 36,000 points for

By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — The Interior Department is preparing to offer oil and gas lease sales on large tracts of public land despite concluding that burning fossil fuels from those parcels could carry huge costs and contribute to climate change. Burning oil, natural gas and coal from federally owned lands

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration has launched a wide-ranging plan to reduce methane emissions, targeting a potent greenhouse gas that contributes significantly to global warming. Methane packs a stronger short-term climate punch than even carbon dioxide. The plan was announced Tuesday as President Joe Biden wraps up a two-day

HUNTINGTON BEACH, Calif. (AP) — A month after a Southern California offshore oil spill, environmental advocates say they plan to sue the federal government over the failure to review and update plans for platforms off thecoast. The Center for Biological Diversity says it sent notice Tuesday to the Secretary of the Interior of its intent

By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — The Interior Department is preparing to offer oil and gas lease sales on large tracts of public land despite concluding that burning fossil fuels from those parcels could carry huge costs and contribute to climate change. Burning oil, natural gas and coal from federally-owned lands accounts