AP National Business

By MEG KINNARD Associated Press The chief contractor at a failed multibillion-dollar project to build two nuclear reactors in South Carolina has agreed to pay more than $20 million as part of a cooperation agreement with federal authorities probing the fiasco. Acting U.S. Attorney Rhett DeHart said Monday that Westinghouse Electric Co. will contribute $21.25

NEW YORK (AP) — Please disregard US–NYC Subway Disruption, published on Aug. 30, 2021, and datelined in NEW YORK. It was sent when another story on the same topic was already out. Please use that story, now slugged US—NYC Subway Disruption. The 3rd-Ld Writethru was filed at 11:58 a.m.

By KEN SWEET AP Business Writer NEW YORK (AP) — PNC Bank is the latest large U.S. financial services company to increase wages in a bid to keep and attract employees. It is raising its minimum wage to $18 an hour while also giving higher-paid workers a bump in pay. The bank said Monday that

By KEN SWEET AP Business Writer NEW YORK (AP) — Before starting advocacy group the Student Borrower Protection Center, Seth Frotman was the Student Loan Ombudsman at the Consumer Financial Protection Bureau. The position is effectively the federal government’s point person for student loan issues. Frotman held that position until 2018, when he resigned to

By JARI TANNER Associated Press TALLINN, Estonia (AP) — Estonia’s Parliament on Monday failed to elect a new president to the Baltic country after lawmakers rejected the only candidate in the first round of voting. Alar Karis received support from 63 lawmakers with 16 blank votes and the rest either absent or abstaining Monday in

By KIMBERLY PALMER of NerdWallet Video games are made for entertainment, of course, but they give parents opportunities to talk about saving and spending. Some financial literacy experts actually use video games to teach kids about money. Video game currency costs real money, and you can give your kids real chores to earn it. And

BEIJING (AP) — Universal Studios says it will open its first theme park in China in September after six years of construction. The company said Monday that the theme park will open in China’s capital on Sept. 20. Beijing authorities have strongly backed the project, including the extension of one of the city’s main subway

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union has recommended that its 27 nations reinstate restrictions on tourists from the U.S. because of rising coronavirus infections there, but EU nations can still allow fully vaccinated U.S. travelers in if they want. The decision by the European Council to remove the U.S. from

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mostly lower in muted trading on continuing concerns about surging COVID-19 infections in key regional markets like Japan. Benchmarks fell Tuesday in Japan, China and South Korea in morning trading, although shares rose in Australia. Gains for several Big Tech stocks helped push

The Associated Press The Conference Board issues its latest U.S. consumer confidence index Tuesday. The Commerce Department delivers its monthly U.S. construction spending snapshot Wednesday. The Labor Department reports its August tally of hiring by nonfarm U.S. employers Friday.

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mostly higher as investors interpreted comments from the head of the U.S. Federal Reserve as signaling low interest rates were here to stay for some time. Benchmarks in Japan, Australia and Shanghai rose Monday, while shares were little changed in South Korea and

By PAUL WISEMAN and DAVID KOENIG AP Business Writers WASHINGTON (AP) — With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast. But the impact on the overall U.S.

PLANO, Texas (AP) — Authorities are trying to determine if there is a connection between a confrontation at a Dallas suburb in which police officers wounded a man after he had opened fire inside a police station and the death of a Lyft driver at another Dallas suburb. Plano Police say the man was shot

By JONATHAN LANDRUM Jr. AP Entertainment Writer LOS ANGELES (AP) — “Candyman” has hooked the top spot at the North American box office. The Universal Pictures film starring Yahya Abdul-Mateen II impressively pulled in more than $22.3 million through a quiet weekend despite concerns over the delta variant. The R-rated horror movie, co-written by Jordan

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline dropped 2 cents over the past two weeks, to $3.23 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that it’s the first decline in gas prices in nine months. Nationwide, the highest average price for regular-grade gas is in the

By MICHAEL CASEY and MICHELLE LIU Associated Press COLUMBIA, S.C. (AP) — States have begun to ramp up the amount of rental assistance reaching tenants but there are still millions of families facing eviction who haven’t gotten help. The Treasury Department says just $5.1 billion of the estimated $46.5 billion in federal rental assistance, or

MADRID (AP) — Spanish authorities say that a passenger ferry has run aground on an islet near the Spanish island of Ibiza and a child and a man required hospital treatment. Nearly 40 people were evacuated from the ferry and Spain’s maritime rescue service said Sunday that a helicopter airlifted six people all in need

By DARKO BANDIC Associated Press DUBROVNIK, Croatia (AP) — Summer tourism has exceeded even the most optimistic expectations in Croatia this year. Beaches along the country’s Adriatic Sea coastline are swarming with people. Guided tours are fully booked, restaurants are packed and sailboats were chartered well in advance. Croatia’s tourism industry was caught by surprise.

By HALELUYA HADERO and GLENN GAMBOA AP Business Writers As governments, corporations and charity groups rush to get their citizens and employees out of Afghanistan, dozens of Afghan people got help to flee their country from Instagram influencer Quentin Quarantino. The alter ego of 25-year-old Tommy Marcus has helped raise $7 million on GoFundMe to

ORLANDO, Florida (AP) — A Tesla using its partially automated driving system has slammed into a Florida Highway Patrol cruiser on an interstate near downtown Orlando. The Florida Highway Patrol says the trooper narrowly escaped injury. A highway patrol spokeswoman told The Orlando Sentinel the trooper was assisting a disabled vehicle about 5 a.m. Saturday