AP National Business

By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden is set to announce on Friday that five major U.S. manufacturers have made commitments to boost their reliance on small and medium American firms for 3D printing. The White House said GE Aviation, Honeywell, Lockheed Martin, Raytheon and Siemens Energy have agreed to take

By JOE McDONALD AP Business Writer BEIJING (AP) — World stocks followed Wall Street lower Friday as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth. London and Frankfurt opened lower. Shanghai, Hong Kong and Sydney declined. Tokyo gained as trading resumed after a holiday. Wall Street futures fell after

By JON GAMBRELL and CARA ANNA Associated Press LVIV, Ukraine (AP) — Ukrainian fighters battling Russian forces in the tunnels beneath Mariupol’s immense steel plant refused to surrender in the face of relentless attacks, with the wife of one commander saying they had vowed to “stand till the end.” The fight in the last Ukrainian

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stocks followed Wall Street lower Friday as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth. Shanghai, Hong Kong, Seoul and Sydney declined. Tokyo edged higher as trading resumed after a holiday. Wall Street’s benchmark S&P 500 index plunged 3.6%

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — For the past year, America’s job market has run like a well-engineered machine, adding an impressive average of 540,000 workers a month despite a punishing inflation rate, Russia’s ruinous war against Ukraine, a still-risky pandemic, jittery financial markets and the prospect of much higher borrowing costs.

By DEE-ANN DURBIN AP Business Writer DoorDash sales soared in the first quarter as it added new customers, putting to rest any question of whether delivery demand will continue as the pandemic wanes. The San Francisco company said its revenue jumped 35% to $1.46 billion in the January-March period. That was well ahead of Wall

By WILL WEISSERT and HALELUYA HADERO Associated Press WASHINGTON (AP) — Vice President Kamala Harris and Labor Secretary Marty Walsh met Thursday with union organizers at the White House as the administration looks to boost unionization campaigns. The meeting featured an unscheduled appearance by President Joe Biden. The White House says participants discussed organizers’ efforts

WASHINGTON (AP) — The U.S. postmaster general says Americans should get used to “uncomfortable” postage rate increases. Louis DeJoy said Thursday he will advocate for the Board of Governors to continue raising rates until the Postal Service meets its goal of becoming self sustaining. He says the Postal Service was “severely damaged” by at least

By MATTHEW PERRONE and LAURAN NEERGAARD Associated Press WASHINGTON (AP) — U.S. regulators are strictly limiting who can receive Johnson & Johnson’s COVID-19 vaccine due to a rare but serious risk of blood clots. The Food and Drug Administration said Thursday the shot should only be given to adults who cannot receive a different vaccine

By DEE-ANN DURBIN AP Business Writer DoorDash sales soared in the first quarter as it added new users. But the delivery company’s losses also widened as it paid more to acquire partner businesses and drivers. The San Francisco company said its revenue jumped 35% to $1.46 billion in the January-March period. That was well ahead

By KEN SWEET AP Business Writer NEW YORK (AP) — The three major U.S. banking regulators say they plan to rewrite many of the outdated regulations tied to a decades-old banking law. The law was designed decades ago to encourage lending to the poor and racial minorities in the areas where banks have branches. The

By DAVID KOENIG and SARAH RANKIN Associated Press Boeing says it plans to move its corporate headquarters from Chicago to the Washington, D.C., area. The company made it official on Thursday. Boeing is a major defense contractor, so the move would put its executives close to customers in the Pentagon. It would also put them

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Wayfair, Etsy fall; Albemarle, Booking Holdings rise.

By JON GAMBRELL and CARA ANNA Associated Press LVIV, Ukraine (AP) — Ukrainian fighters in the tunnels underneath Mariupol’s pulverized steel plant held out against Russian troops Thursday in an increasingly desperate and perhaps doomed effort to deny Moscow what would be its biggest success of the war yet: the complete capture of the strategic

By PHILIP MARCELO Associated Press BOSTON (AP) — A former leader of a Massachusetts Native American tribe has been convicted of bribery and extortion charges related to its long-planned casino project. Prosecutors said Thursday that former Mashpee Wampanoag leader Cedric Cromwell was found not guilty of other federal counts. Rhode Island architecture firm owner David