AP Top Business News at 10:50 a.m. EST

Pfizer says COVID booster offers protection against omicron

'Pharma Bro' firm reaches $40M settlement in gouging case

Major outage at Amazon disrupts businesses across the US

Flood insurance costs rise in areas once deemed lower risk

EU unveils trade sanction plan to counter foreign coercion

Austria to end lockdown on Sunday but not for unvaccinated

Scholz replaces Merkel as German chancellor, opening new era

Stocks turn choppy in morning trading on Wall Street

US businesses advertised near-record 11 million open jobs

Report: Chinese hackers targeted Southeast Asian nations