AP National Business

By HALELUYA HADERO AP Business Writer Bill and Melinda Gates’ private foundation announced Thursday it will spend more than $900 million over the next five years to curb global malnutrition. It’s one of several pledges private donors have announced this week as world leaders gather in New York for the annual U.N. General Assembly. On

WASHINGTON (AP) — U.S. safety investigators are asking anyone who witnessed a fiery Tesla crash near Miami that killed two people to send them video or photos taken at the scene. The National Transportation Safety Board sent three investigators to the Sept. 13 crash in Coral Gables, Florida. The agency says it’s specifically looking for

By LAURAN NEERGAARD and MIKE STOBBE AP Medical Writers The Centers for Disease Control and Prevention has endorsed COVID-19 booster shots for millions of older or otherwise vulnerable Americans. The move opens a major new phase in the U.S vaccination drive against the coronavirus. A panel of advisers made the recommendation Thursday and CDC Director

General Motors is investing $300 million in China’s self-driving car company Momenta. GM said Thursday that the investment will speed up the development of next-generation self-driving technologies for its future vehicles in China. The move is also part of a plan GM announced three months ago to invest $35 billion in engineering and capital in

BOSTON (AP) — The Boston City Council has unanimously approved an ordinance that addresses climate change by requiring all buildings larger than 20,000 square feet to eliminate carbon emissions by 2050. Acting Mayor Kim Janey intends to sign the proposal approved Wednesday. Councilor Matt O’Malley was the driving force behind the measure. O’Malley says the

KYIV, Ukraine (AP) — Ukrainian lawmakers have approved a law aimed at limiting the influence of oligarchs on politics. The move comes a day after the car of a top aide to Ukrainian President Volodymyr Zelenskyy came under gunfire, an incident the president said could have been triggered by the reform. The law, initiated by

By ANNE D’iNNOCENZIO AP Retail Writer NEW YORK (AP) — Target will hire fewer seasonal workers this year  and will instead offer more hours to current employees. The move, announced Thursday, is in response to its permanent workers wanting more hours, the company said. About 100,000 seasonal workers will be hired nationwide, the company said

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market’s recovery, at least temporarily. Thursday’s report from the Labor Department showed that jobless

ISTANBUL (AP) — Turkey’s Central Bank has unexpectedly cut the main interest rate by one percentage point, bowing to President Recep Tayyip Erdogan’s demand for lower borrowing rates to boost growth. The bank’s monetary committee on Thursday cut the policy rate from 19% to 18% despite an annual inflation rate of 19.25%. Economists generally view

By STAN CHOE AP Business Writer NEW YORK (AP) — The spectacular run for a once-hot investment has fizzled so much that many have been relegated to the bargain bin. These special-purpose acquisition companies, or SPACs, are often called “blank-check companies” because they have no real business other than to hunt for privately owned businesses

By KELVIN CHAN AP Business Writer LONDON (AP) — The European Union is unveiling plans that would require smartphone makers to adopt a single charging method for mobile devices. The EU Commission proposed legislation Thursday that would mandate USB-C cables for charging, technology that many device makers have already adopted. The main holdout is Apple,

By PAN PYLAS Associated Press LONDON (AP) — The Bank of England kept its main interest rate at the record low of 0.1% but warned that inflation is set to be double its target rate by the end of this year largely as a result of a sharp spike in energy prices. The decision Thursday

By JOE McDONALD AP Business Writer BEIJING (AP) — Fears that a Chinese real estate developer’s possible default on multibillion-dollar debts might send shockwaves through global financial markets appear to be easing as creditors wait to see how much they might recover. Shares of Evergrande Group, one of China’s biggest private sector conglomerates, rose 18%

By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s election campaign has largely focused on the three candidates hoping to succeed Angela Merkel as chancellor after four terms in office. Climate change rose to the top of the political agenda over the summer following the deadly floods that hit western Germany in July. Foreign policy

By RENATA BRITO and BARRY HATTON Associated Press TODOQUE, Canary Islands (AP) — The advance of lava from a volcanic eruption on one of Spain’s Canary Islands has slowed significantly. That raised fears Thursday that it might fan out further in coming days and wreak more destruction instead of flowing into the sea. A giant

DUBAI, United Arab Emirates (AP) — A Dubai real-estate company known for its deals with former President Donald Trump says it has received regulator approval for an effort to take the firm private. DAMAC Properties still plans to offer $595 million for outstanding shares of the company, the firm said in a filing on Dubai

BRISBANE, Australia (AP) — Chicago-based aerospace giant Boeing has announced plans to build a new type of drone military aircraft in Australia. Boeing says it has selected Queensland state as the final assembly point for its unmanned Loyal Wingman planes. The first test flights were completed earlier this year. It’s the first military combat aircraft

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Environmental Protection Agency is sharply limiting domestic production and use of highly potent greenhouse gases commonly used in refrigerators and air conditioners. The new rule on hydrofluorocarbons is intended to decrease U.S. production and use of those gases by 85% over the next 15 years as

COPENHAGEN, Denmark (AP) — Norway’s central bank has raised its key policy interest rate by a quarter of a percentage point to 0.25%, citing the normalization of the economy that suggests “there is no longer a need to maintain the current degree of monetary accommodation.” The rate has been at 0% since May 7 2020.