NEW YORK (AP) — Visa says it will lower its credit card “swipe” fees for online and in-store transactions by 10% for small businesses starting in April. The move comes as the pandemic continues to accelerate a shift to digital payments. Visa, one of the world’s largest payment companies, benefitted as more places began accepting…
SAN RAMON, Calif. (AP) — Apple’s shareholders have approved a proposal urging the iPhone maker to undergo an independent audit assessing its treatment of female and minority employees, delivering a rare rebuke to a management team that runs the world’s most valuable company. The measure passed Friday during Apple’s annual meeting is nonbinding, so the…
MIAMI (AP) — Sanctions on Russia are starting to wreak havoc on global trade, with potentially devastating consequences for energy and grain importers while also generating ripple effects across a world still struggling with pandemic-induced supply chain disruptions. Since Russia’s invasion of Ukraine, hundreds of tankers and bulk carriers have been diverted away from the…
WASHINGTON (AP) — In a buoyant sign for the U.S. economy, businesses stepped up their hiring last month as omicron faded and more Americans ventured out to spend at restaurants, shops and hotels despite surging inflation. Employers added a robust 678,000 jobs in February, the largest monthly total since July, the Labor Department reported Friday….
TOKYO (AP) — Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together. Sony Group Corp. and Honda Motor Co. agreed to set up a joint venture this year to start selling an electric vehicle by 2025, both sides said Friday. The plan is to bring together Honda’s…
NEWARK, N.J. (AP) — Outraged by the invasion of Ukraine, lawmakers in New Jersey’s largest city lashed out at one of the closest symbols of Russia they could find — a pair of Lukoil gas stations. The Newark City Council voted unanimously Wednesday to ask the city’s business administrator to suspend the service stations’ operating…
NEW YORK (AP) — Stocks around the world racked up more losses Friday, as even a gangbusters report on the U.S. jobs market can’t pull Wall Street’s focus off its worries about the war in Ukraine. The S&P 500 fell 0.8% and posted its third weekly loss in the last four. The Dow Jones Industrial…
Two U.S. university campuses are losing their food-delivery robots for now because of Russia’s invasion of Ukraine. Grubhub said Thursday that it is ending its partnership with Russian tech company Yandex and pulling 100 Yandex-made food-delivery robots from the campuses of Ohio State University in Columbus, Ohio, and the University of Arizona in Tucson, Arizona….
DETROIT (AP) — General Motors has lost a bid to avoid recalling about 727,000 small SUVs in the U.S. with headlight beams that can be too bright and cause glare for oncoming drivers. In 2019, the Detroit automaker petitioned the National Highway Traffic Safety Administration asking to avoid a recall, saying the problem didn’t affect…
SALT LAKE CITY (AP) — Hard seltzer drinkers in Utah will likely have their choices on grocery store shelves cut in half under legislation that passed the Legislature Thursday in the latest update to strict alcohol laws in the state that’s home to the alcohol-eschewing Church of Jesus Christ of Latter-day Saints. The clampdown is…
