Category Archives: Business

COVID outbreak ‘extremely grim’ as Shanghai extends lockdown

BEIJING (AP) — The COVID-19 outbreak in China’s largest metropolis of Shanghai remains “extremely grim” amid an ongoing lockdown confining around 26 million people to their homes, a city official said Tuesday.

Live updates | Russia-Ukraine War

WASHINGTON — President Joe Biden approved a $100 million transfer of Javelin anti-armor missiles to Ukraine on Tuesday, according to an administration official. The transfer brings the

Zelenskyy at the UN accuses Russian military of war crimes

BUCHA, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy accused the Russians of gruesome atrocities in Ukraine and told the U.N. Security Council on Tuesday that those responsible should immediately be brought up on war crimes charges in front of...

Nevada toad declared endangered at site of geothermal plant

RENO, Nev. (AP) — In a rare emergency move, the U.S government temporarily declared a northern Nevada toad endangered Monday, saying a geothermal power plant in the works could result in its extinction.

Greece completes early repayment of bailout loans to IMF

ATHENS, Greece (AP) — Greece has repaid its outstanding debts dating back to its financial crisis to the International Monetary Fund, two years ahead of schedule, the country's finance minister said Monday.

Stock tied to Trump social firm drops on report of turmoil

NEW YORK (AP) — Shares in a company planning to buy Donald Trump's new social media business plunged Monday on a news report that two key staff members left, deepening losses from last week when it said it would miss

Medicare enrollees to get free COVID-19 tests at drug stores

WASHINGTON (AP) — Amid worries that the latest coronavirus variant could spark another rise in cases, Medicare announced Monday that millions of enrollees will finally have access to free over-the-counter COVID-19 tests at drug stores.

German agency takes charge of subsidiary of Russia’s Gazprom

BERLIN (AP) — Germany on Monday put a government agency in charge of a longtime German subsidiary of Russia's state-owned energy giant Gazprom after an opaque move last week by the parent company to cut ties with the unit.

Universities eye federal budget for research cash as competition for talent heats up

OTTAWA — Post-secondary schools and students are looking to the Liberals to make a down payment in the post-pandemic economy by boosting research spending in the federal budget coming this week. Finance Minister Chrystia Freeland will deliver the gover...

EXPLAINER: Why is Europe balking at a ban on Russian energy?

Shocking pictures from the Ukrainian town of Bucha and accusations of Russian war crimes are building pressure for more sanctions against Moscow. A key potential target: Russian oil and natural gas, and the $850 million that European importers pay for

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