Category Archives: Business

Germany says Russia will lose energy customers over Ukraine

BERLIN (AP) — Germany’s vice chancellor said Thursday that Russia’s attack on Ukraine is “completely illogical” and will backfire, causing western nations to stop buying Russian coal, oil and gas — an important source of income for the resource-rich co...

Judge stays out of Elon Musk vs. SEC letter spat, for now

DETROIT (AP) — A federal judge is refusing to get involved in a letter-writing spat between one of Tesla CEO Elon Musk's lawyers and U.S. securities regulators, at least for now.

Treasury: Most COVID rental aid went to low-income residents

WASHINGTON (AP) — More than 80% of the billions of dollars in federal rental assistance aimed at keeping families in their homes during the pandemic went to low-income tenants, the Treasury Department said.

Alaska lawmakers pursue building conversion for apartments

JUNEAU, Alaska (AP) — Alaska legislative leaders are pursuing the idea of converting a building near the Capitol into 33 apartments that could be used for lawmakers and staff during sessions.

Justice Department sues UnitedHealth over nearly $8B deal

Federal regulators are suing to block UnitedHealth Group’s purchase of technology company Change Healthcare, a deal they fear will put too much health care claims information in the hands of one company.

Emergency powers end but questions linger on future of protest and legacy of actions

OTTAWA — The secure perimeter around downtown Ottawa, guarded by police checkpoints, will remain through the weekend as the local force tries to maintain peace and order in Canada's capital city without the extra powers they were granted through the

EXPLAINER: A look at US steps taken, and not, against Russia

WASHINGTON (AP) — U.S. President Joe Biden hit Russia with some of the broadest and toughest financial penalties that the world's biggest economy can muster on Thursday, hours after President Vladimir Putin launched his military's invasion of Ukraine. ...

Russia-Ukraine conflict raises big risks for global economy

WASHINGTON (AP) — Just what a vulnerable world economy didn’t need — a conflict that accelerates inflation, rattles markets and portends trouble for everyone from European consumers to indebted Chinese developers and families in Africa that face soarin...

NATO vows to defend its entire territory after Russia attack

BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg warned Thursday that the military alliance would defend every inch of its territory should Russia attack a member country, as he slammed Moscow for launching a brutal act of war on Ukraine.

China calls for talks on Ukraine, OKs Russian wheat imports

BEIJING (AP) — China called Thursday for talks to resolve the Ukraine crisis and avoided criticizing President Vladimir Putin’s attack while, in a step that could blunt the impact of Western sanctions, Beijing also approved imports of Russian wheat.

Discuss on boreal.social