AP Top Business News at 9:53 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

Mercedes F1 team and firm end deal opposed by fire survivors

Kellogg's union rejects deal with 3% raises to extend strike

Scholz replaces Merkel as German chancellor, opening new era

Congressional leaders reach deal to hike debt limit