Even as Inflation Bites, Corporate Profits Remain Flush | Business News

By STAN CHOE, AP Business Writer NEW YORK (AP) — What’s immune to high inflation? So far, the profits at big US companies. Businesses are facing higher gasoline and heating bills, just like consumers, in addition to higher expenses for labor and raw materials. But unlike many middle- and lower-income Americans, they’ve been making more … Read more

Russia War Ends Era of Globalization That Kept Inflation Low | Business News

By PAUL WISEMAN, AP Economics Writer For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies. It meant solid and stable markets. And for households and businesses, especially in the United States and Europe, it meant an entire generation of … Read more

Media Measuring Company Nielsen to Be Acquired in $16B Deal | Business News

By MICHELLE CHAPMAN, AP Business Writer Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a smaller offer earlier this month. Viewing data collected by Nielsen plays a big role in determining where billions in advertising dollars are spent each year. The company itself has annual … Read more

Asian Shares Higher Ahead of Russia-Ukraine Peace Talks | Business News

By ELAINE KURTENBACH, AP Business Writer BANGKOK (AP) — Asian shares were mostly higher Tuesday in muted trading ahead of another round of peace talks between Russia and Ukraine. Crude oil prices fell further after sinking 7% on Monday. Trading has remained choppy as investors trying to gauge what’s next for inflation and the global … Read more

Asian Shares Mixed as Markets Eye Ukraine, Inflation Worries | Business News

By YURI KAGEYAMA, AP Business Writer TOKYO (AP) — Asian shares were mixed on Monday as worries about the pandemic, inflation and the war in Ukraine weighed on market sentiment. Benchmarks in Hong Kong and Sydney gained while Tokyo, Seoul and Shanghai declined. Adding to concern over the economic impact from the pandemic, Shanghai went … Read more

Trump DC Hotel Gets OK to Sell to Miami Investment Fund | Business News

By BERNARD CONDON, Associated Press NEW YORK (AP) — Donald Trump’s luxury hotel near the White House, which drew diplomats, lobbyists and plenty of controversy while he was president, received government approval Friday to hand the keys to a Miami investment fund, a last hurdle to a sale that many industry experts doubted would ever … Read more

Small Businesses Face Tax Headaches on Top of Pandemic Woes | Business News

By MAE ANDERSON, AP Business Writer NEW YORK (AP) — Small businesses that have been buffeted by the pandemic, inflation and shipping woes have another challenge to add to their plate: taxes. Tax season can be complicated for everyone, but as the April 18 filing deadlines looms, small-business owners, contractors, entrepreneurs and others face a … Read more

Asian Stocks Mixed After West Vows More Russia Sanctions | Business News

By JOE McDONALD, AP Business Writer BEIJING (AP) — Asian stock markets were mixed Friday after Western governments promised new sanctions on Russia and President Vladimir Putin tried to prop up Moscow’s sinking ruble by threatening to require Europe to use it to pay for gas exports. Shanghai and Hong Kong declined while Tokyo gained. … Read more

As NY Preps Pot Market, Sales Grow on Native American Land | Business News

By MICHAEL HILL, Associated Press ST. REGIS MOHAWK RESERVATION, NY (AP) — As New York inches toward launching a retail marijuana market, sales of buds and edibles are already flourishing on some Native American land around the state. Shops dot the main road through the US side of Mohawk territory straddling the Canadian border. In … Read more

Asian Shares Mixed After Wall St Falls; Oil Prices Fall Back | Business News

By ELAINE KURTENBACH, AP Business Writer Stocks were mixed Thursday in Asia following a retreat on Wall Street as crude oil prices rose sharply. Tokyo and Shanghai were lower while Hong Kong and Sydney edged higher. US futures rose and US benchmark crude oil fell back. After a rally last week, markets have been up … Read more