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Business

Intel to build $33-billion chip plant in Germany

BERLIN (AP) — Intel and the German government signed a deal Monday that will see the U.S. company spend more than 30 billion euros ($32.8 billion) to build a chip manufacturing site in the eastern city of Magdeburg, after Germany pledged to cover a third of the investment required. Word of ...

FDA advisers endorse updating COVID vaccines to target latest omicron strain

The COVID-19 vaccines are on track for a big recipe change this fall. Today’s vaccines still contain the original coronavirus strain, the one that started the pandemic — even though that was long ago supplanted by mutated versions as the virus rapidly evolves. Thursday, the Food and ...

Wall Street rises, and S&P 500 hits highest level in more than a year

NEW YORK (AP) — Wall Street climbed Monday ahead of a big week for central banks around the world, vaulting the S&P 500 to its highest level in more than a year. The benchmark index rose 40.07 points, or 0.9%, to 4,338.93 and its highest close since April 2022. The Dow Jones Industrial ...

Plane that crashed lost contact with air traffic controllers during ascent

Only minutes into a doomed journey that ended on a remote Virginia mountain, the pilot of a business jet was not responding to air traffic control instructions and the situation was soon reported to a network that includes military, security and law enforcement agencies, according to federal ...