BIRMINGHAM, England (AP) — The U.K. government on Monday dropped plans to cut income tax for top earners, part of a package of unfunded cuts unveiled only days ago that sparked turmoil on financial markets and sent the pound to record lows.
NEW YORK (AP) — U.S. stocks rallied on Monday and Treasury yields eased off their multiyear highs as Wall Street leaves behind the worst month since the virus pandemic crashed global markets.
Kim Kardashian has agreed to pay $1.26 million to settle Securities and Exchange Commission charges that she promoted a cryptocurrency on Instagram without disclosing that she’d been paid $250,000 to do so.
NEW YORK (AP) — Apple Music is about to cross a huge milestone, offering its eye-and-ear-popping 100 millionth song on the streaming service.
The music giant tells The Associated Press that internal data indicates Apple Music will reach the heady mark on Monday.
NEW YORK (AP) — Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report issued Monday by the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle.
Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April. But what if a judge makes that ruling and Musk balks?
The Tesla billionaire's reputation for dismissing government pronouncements has some worried that he might flout an unfavorable ruling of the Delaware Court of Chancery, known for its handling of high-profile business disputes.
CELIKHAN, Turkey (AP) — Mehmet Emin Calkan begins work harvesting a tobacco field in rural Turkey before dawn, then has another shift skewering and stringing the tobacco to dry under the sun.
The 19-year-old, who hopes to study electronic engineering, has undertaken the strenuous work to help support his family and pay for books he needs to prepare for the university entrance exam.
WASHINGTON (AP) — The Supreme Court says it won’t intervene in a lawsuit in which Dominion Voting Systems accused MyPillow chief executive Mike Lindell of defamation for falsely accusing the company of rigging the 2020 presidential election against former President Donald Trump.
BUDAPEST, Hungary (AP) — A theater in Hungary's capital will sit through a cold and quiet winter after its managers chose to shut it down rather than pay skyrocketing utility prices that are putting a squeeze on businesses and cultural institutions across Europe.
PARIS (AP) — It was as much art fair as fashion show for Stella McCartney, who put on an art-infused spring collection at Paris Fashion Week on Monday vibrating with flashes of color.
Iconic Japanese contemporary artist Yoshitomo Nara collaborated on the designs showcased outside the Pompidou Center Modern Art Museum, while sculptor Jeff Koons casually popped in to say ‘hello’ to McCartney post-show across an atelier of world-famous sculptures by Constantin Brancusi.
WARSAW, Poland (AP) — Poland’s foreign minister on Monday signed an official note to Germany requesting the payment of about $1.3 trillion in reparations for the damage incurred by occupying Nazi Germans during World War II.
KYIV, Ukraine (AP) — Ukrainian forces scored more gains in their counteroffensive across a broad front Monday, advancing in the very areas Russia is trying to annex and challenging its effort to bolster its military with fresh troops and its threats to defend incorporated areas by all means, including with nuclear weapons.
The head of the International Atomic Energy Agency, the U.N.’s nuclear watchdog, said the director general of Ukraine’s and Europe’s largest power plant, Ihor Murashov, has been released from Russian custody after his detention last week.
WASHINGTON (AP) — Jeffrey Chester, executive director of the Center for Digital Democracy, has advocated in Washington for privacy protection for 25 years, warning about threats to online privacy. The Associated Press spoke recently with Chester about growing public concern and official action.
BRUSSELS (AP) — The European Union and Israel on Monday held high-level talks for the first time in a decade, with the Europeans pressing Israeli Prime Minister Yair Lapid about how to put a two-state solution to the conflict with the Palestinians into place.
THESSALONIKI, Greece (AP) — A 41-year-old Tunisian man was arrested Monday for alleged disorderly behavior on a commercial flight that prompted the pilot to make an unscheduled landing in the northern Greek city of Thessaloniki, police said.
BERLIN (AP) — The leaders of Hungary, Austria and Serbia met Monday in Budapest to find solutions on how to stem the increasing number of migrants arriving in Europe, among them many young men from India.
NEW YORK (AP) — Rex Tillerson, who served a turbulent term as secretary of state under former President Donald Trump, is set to testify against the ex-chair of Trump’s inaugural committee.
A look at some of the key business events and economic indicators upcoming this week:
JOB MARKET BAROMETER
The Labor Department delivers its monthly tally of U.S. job openings Tuesday.
COPENHAGEN, Denmark (AP) — Sweden has sent a vessel capable of “advanced diving missions” to the Baltic Sea area where ruptured undersea pipelines had leaked natural gas for days, the Swedish navy said Monday.
WARSAW, Poland (AP) — Jerzy Urban, a spokesman for Poland's communist-era government in the 1980s who masterminded state propaganda and censorship for the regime in the final years before its collapse, has died.
When she was 19, writer Emily Maloney found herself facing about $50,000 in medical debt after hospital treatment for a mental health crisis. The debt followed her throughout her twenties, hurting her credit and leading to stressful calls from collection agencies.
ATHENS, Greece (AP) — Greece has promised to return to a budget surplus in 2023, submitting its first spending blueprint in 12 years that is not under the direct scrutiny of European bailout lenders.
BEIRUT (AP) — When the bulk cargo ship Laodicea docked in Lebanon last summer, Ukrainian diplomats said the vessel was carrying grain stolen by Russia and urged Lebanese officials to impound the ship.
HONG KONG (AP) — Google has discontinued its Google Translate services in mainland China, removing one of the company’s few remaining services that it had provided in a country where most Western social media platforms are blocked.
TOKYO (AP) — Business sentiment among large manufacturers worsened for the third straight quarter, a Bank of Japan survey showed Monday, as the world's third largest economy grapples with rising costs, a weakening currency and slowing global demand.
TOKYO (AP) — Japan’s Prime Minister Fumio Kishida said Monday that he will humbly listen to people’s “harsh voices” criticizing his governing party’s cozy ties to the ultra-conservative Unification Church and help victims of its allegedly fraudulent businesses and huge donation collection.
Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments and could wind up competing with Asia for already scarce and expensive liquid gas that comes by ship, the International Energy Agency said.
RIO DE JANEIRO (AP) — Brazil’s top two presidential candidates will face each other in a runoff vote after neither got enough support to win outright Sunday in an election to decide if the country returns a leftist to the helm of the world’s fourth-largest democracy or keeps the far-right incumbent in office.
SOFIA, Bulgaria (AP) — An exit poll in Bulgaria suggested Sunday that the center-right GERB party of ex-premier Boyko Borissov, a party blamed for presiding over years of corruption, will be the likely winner of Bulgaria’s parliamentary election.
KIRTLAND, N.M. (AP) — The clamor of second graders breaking away from lessons to form lunch lines has gotten quieter in a rural New Mexico community, where families losing coal jobs have been forced to pack up and leave in search of work.
KYIV, Ukraine (AP) — Russia attacked the Ukrainian president’s hometown and other targets Sunday with suicide drones, and Ukraine took back full control of a strategic eastern city in a counteroffensive that has reshaped the war.
PARIS (AP) — Valentino’s Paris fashion show on Sunday saw snared lines of black cars dropping off battalions of celebrities who, amid the commotion, just couldn’t find the entrance.
Seated VIP guests were sweatily crammed in together inside the Le Marais venue, waiting as the show started an hour late.
AUSTIN, Texas (AP) — Tesla’s sales rose 35% in the July-September period compared to the second quarter as the company's huge factory in China got past supply chain issues and pandemic restrictions.
Moviegoing audiences chose the horror movie over the romantic comedy to kick off the month of October. Paramount’s “ Smile ” topped the North American charts with $22 million in ticket sales, according to studio estimates Sunday, leaving Billy Eichner's rom-com “Bros” in the dust.
LOS ANGELES (AP) — A Texas oil company was granted permission to repair an underwater pipeline that ruptured off the coast of Southern California a year ago, spilled tens of thousands of gallons of crude, and forced beaches and fisheries to close.
HELSINKI (AP) — Latvia's ruling center-right party won the most votes in the country's general election, centrist parties were the runners-up and pro-Moscow parties crashed in a vote that was shaped by Russia’s war in Ukraine, according to results published Sunday.
WASHINGTON (AP) — President Joe Biden, a self-described “car guy,'' often promises to lead by example on climate change by moving swiftly to convert the sprawling U.S. government fleet to zero-emission electric vehicles.
IZIUM, Ukraine (AP) — The first time the Russian soldiers caught him, they tossed him bound and blindfolded into a trench covered with wooden boards for days on end.
Then they beat him, over and over: Legs, arms, a hammer to the knees, all accompanied by furious diatribes against Ukraine.
BERLIN (AP) — German Defense Minister Christine Lambrecht on Sunday announced the delivery of 16 wheeled armored howitzers produced in Slovakia to Ukraine next year.
The Zuzana systems would be produced in Slovakia and financed jointly with Denmark, Norway and Germany, the German minister told public broadcaster ARD after returning from her first trip to Ukraine since the start of the war there.
ISTANBUL (AP) — Turkish warplanes “neutralized” 23 Kurdish militants in a raid 140 kilometers (90 miles) inside Iraq, the Turkish Defense Ministry said Sunday.
The ministry usually refers to killed militants as “neutralized.” It said the number of casualties in the mission in the Asos region of northern Iraq, which is controlled by the autonomous Kurdistan Regional Government, was expected to rise.
LONDON (AP) — British Prime Minister Liz Truss said Sunday that she could have done a better job “laying the ground” for her package of unfunded tax cuts, but insisted she would push on with an economic plan that has caused turmoil on financial markets and weakened the country’s public finances.
VATICAN CITY (AP) — Pope Francis on Sunday appealed to Russian President Vladimir Putin for a cease-fire, imploring him to “stop this spiral of violence and death” in Ukraine and denouncing the “absurd” risk of the “uncontrollable” consequences of nuclear attack as tensions sharply escalate over the war.
SARAJEVO, Bosnia-Herzegovina (AP) — Polls opened Sunday in Bosnia for a general election that is unlikely to bring any substantial change despite palpable disappointment in the small, ethnically divided Balkan country with the long-established cast of sectarian political leaders.
MINNEAPOLIS (AP) — Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with wealthy Chinese executives in 2018, attorneys for both sides announced late Saturday.
HELSINKI (AP) — Authorities in Denmark said Sunday that the Nord Stream 1 natural gas pipelines have also stopped leaking, a day after officials said that the ruptured Nord Stream 2 pipelines also appeared to stop leaking.
NYIRAGONGO, Congo (AP) — The last thing Pasika Bagerimana remembers before her sons died were their cries of hunger. But the 25-year-old mother had nothing to feed them.
“'Mom, I need to eat. Can you give me food?'” they pleaded with her.
KOSTIANTYNIVKA, Ukraine (AP) — Seemingly abandoned during the day, the damaged factory building in eastern Ukraine comes to life at night, when the smell of fresh bread emanates from its broken windows.
COPENHAGEN, Denmark (AP) — The beginning of October means Nobel Prize season. Six days, six prizes, new faces from around the globe added to the world's most elite roster of scientists, writers, economists and human rights leaders.