AP National Business

BOSTON (AP) — The Boston Globe named Nancy Barnes as its next editor Monday, elevating a woman to serve in the top job for the first time in the newspaper’s 150-year history. Barnes has worked as the chief news executive at NPR and has run major newspapers. She announced in September that she would be

By BERNARD CONDON Associated Press NEW YORK (AP) — The Trump hotel in Washington took in more than $750,000 from six foreign governments at sensitive moments in their U.S. relations, with guests spending as much as $10,000 per room a night. That is according to documents from the Trump company’s former accountants released Monday by

By JEFF AMY Associated Press ATLANTA (AP) — A company seeking to build small electric aircraft says it will invest $118 million to build a plant near Atlanta. Archer Aviation of Santa Clara, California, said Monday that it would seek to build its aircraft adjoining an airport in Covington, Georgia. Archer is one of many

By DAVID KOENIG AP Airlines Writer Frontier Airlines and five foreign carriers have agreed to refund more than $600 million combined to travelers whose trips were canceled or significantly delayed since the start of the pandemic, federal officials said Monday. The U.S. Department of Transportation said it also fined the same airlines more than $7

The Associated Press Benchmark U.S. crude oil for December delivery fell $3.09 to $85.87 a barrel Monday. Brent crude for January delivery fell $2.85 to $93.14 a barrel. Wholesale gasoline for December delivery fell 8 cents to $2.53 a gallon. December heating oil fell 2 cents to $3.54 a gallon. December natural gas rose 5

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A third railroad union has rejected its agreement with the nation’s freight railroads, increasing the chances that Congress may be called upon to settle the dispute and block a strike. The small International Brotherhood of Boilermakers union on Monday voted down the contract even though

The Associated Press Stocks closed lower on Wall Street, easing back after posting a big gain last week on hopes that the worst of the nation’s inflation may finally have passed. The S&P 500 lost 0.9% Monday after drifting between gains and losses for much of the day. Some analysts have called Wall Street’s rally

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Monday.com Ltd., up $6.91 to $102.10. The project management software developer reported strong third-quarter financial results. Moderna Inc., up $7.83 to $179.03. The vaccine maker gave investors an encouraging update on the development of its latest COVID-19 vaccines. Biogen Inc., up

By THALIA BEATY and GLENN GAMBOA Associated Press NEW YORK (AP) — Megadonor and novelist MacKenzie Scott announced almost $2 billion in donations in a short blog post Monday that emphasized her interest in supporting people from underserved communities. Scott made the announcement on her blog. The announcement Monday brought the amount she’s said she’s

LOS ANGELES (AP) — The California house where Steve Jobs co-founded Apple is a historical site, and now the sandals he wore while pacing its floors have been sold for nearly $220,000, according to an auction house. The “well used” brown suede Birkenstocks dating to the mid-1970s set a record for the highest price ever

By DUSAN STOJANOVIC Associated Press LJUBLJANA, Slovenia (AP) — Natasa Pirc Musar has been a human rights lawyer, a TV presenter and ran Slovenia’s top data protection agency and its Red Cross. Now she is the small European Union country’s first female president. She tells The Associated Press that “not a single day of my

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s company slashed its stake in U.S. Bank’s parent company in the third quarter and also sold shares in Chinese electric car maker BYD. The moves were among several others, including a more than $4.1 billion investment in Taiwan Semiconductor, that Berkshire Hathaway disclosed

By ZEYNEP BILGINSOY Associated Press ISTANBUL (AP) — The attack on a central avenue in Istanbul over the weekend was a stark reminder of bombings in Turkish cities between 2015 and 2017. Those blasts crushed the Turkish public’s sense of security at the time and also heralded a new phase in Turkey’s decades-long fight against

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Vice Chair Lael Brainard said she was encouraged by last week’s U.S. inflation report, which pointed to slower price increases, and said the Fed would likely soon reduce the size of its interest rate hikes. Brainard’s comments, during a discussion at Bloomberg, were more

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — In the past few years, Slutty Vegan, an Atlanta-based eatery, has attracted a cult-like following with its raunchy approach to veganism. Celebrities often pop in for a visit. And customers routinely wait through long lines to order from the chain’s cheekily-named menu. The chain has

By RANDALL CHASE AP Business Writer WILMINGTON, Del. (AP) — Testimony began Monday in a Delaware courtroom where a Tesla shareholder is challenging a compensation plan for CEO Elon Musk potentially worth more than $55 billion. The lawsuit alleges that the performance-based stock option grant was negotiated by a compensation committee and approved in 2018

WARSAW, Poland (AP) — The European Union’s border agency says that the number of illegal entries by migrants spiked to more than 275,000 in the January through October period this year. Frontex said Monday that the figure is 73% higher than at the same time in 2021 and the highest since a peak in 2016.

By DAVE COLLINS and MARCY GORDON Associated Press HARTFORD, Conn. (AP) — Search giant Google has agreed to a $391.5 million settlement with 40 states to resolve an investigation into how the company tracked users’ locations, state attorneys general announced Monday. The states’ investigation was sparked by a 2018 Associated Press story, which found that

BRUSSELS (AP) — The European Union has imposed sanctions on the chief of Iran’s Revolutionary Guard, the corp’s Aerospace Force and a company making drones that the bloc says have been used by Russia in its war against Ukraine. Russia is accused of sending waves of Iranian-made drones over Ukraine to strike at power plants

BERLIN (AP) — Poland and Germany have announced separate takeovers of natural gas companies that had links to Russian energy giant Gazprom. The countries said Monday that the moves are aimed at securing supply as Europe struggles with an energy crisis tied to the war in Ukraine. Germany says it’s nationalizing the former German subsidiary

By Associated Press NEW YORK (AP) — Amazon founder Jeff Bezos said in an interview with CNN that he will give away the majority of his wealth during his lifetime. The billionaire didn’t specify how – or to whom – he will give away the money, but said he and his girlfriend, Lauren Sanchez, were

By EDDIE PELLS AP National Writer VAIL, Colo. (AP) — There’s a narrow swath of sagebrush-covered hillside perched just above Interstate 70 that’s home to a Colorado treasure: the bighorn sheep that graze along that steep, craggy terrain. The land could also be used to help solve a chronic problem nearby: a dearth of affordable