Category Archives: Business
Biden halts oil, gas leases amid legal fight on climate cost
WASHINGTON (AP) — The Biden administration is delaying decisions on new oil and gas drilling on federal land and other energy-related actions after a federal court blocked the way officials were calculating the real-world costs of climate change.
Quebec to table budget on March 22 that will address inflation woes, rising costs
Quebec Finance Minister Eric Girard says he will table a provincial budget on March 22. Girard announced the date today at the legislature, saying it will be a responsible budget focused on sound management of such government priorities as health, educ...
Musk, lawyer escalate word fight with securities regulators
DETROIT (AP) — Elon Musk and his lawyers are escalating their fight with U.S. securities regulators, with a lawyer accusing them of leaking investigative information, and the Tesla CEO alleging on Twitter that government corruption is being exposed. ...
EU forum puts crucial Indo-Pacific region squarely on radar
PARIS (AP) — Foreign ministers from Indo-Pacific nations attended a Paris conference Tuesday aimed at bringing the region, an important partner for trade and exports, squarely into Europe’s focus in a rapidly changing world with rising security challen...
Sri Lanka imposes rolling power cuts as cash crisis deepens
COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka are imposing rolling power cuts across the island nation as its deepening financial crisis leads to shortages of fuel and handicaps its power grid.
MacKenzie Scott donates $50M to support USDA youth programs
MacKenzie Scott's $50 million gift to the National 4-H Council, which the youth-focused nonprofit called “transformational,” is part of a new patch of the philanthropist's donations now coming to light.
Pot retailer denies executives pressured state officials
ALBANY, N.Y. (AP) — The legal record will show that executives of the Cannabis retailer Ascend Wellness did not exert political pressure on Gov. Kathy Hochul's administration by attending a December fundraiser and then meeting with state officials, its...
Supreme Court rejects Epstein sex abuse accuser’s lawsuit
WASHINGTON (AP) — The Supreme Court is leaving in place a decision throwing out a lawsuit filed by a woman who accused billionaire financier Jeffrey Epstein of sexually abusing her when she was a child.
EXPLAINER: A look at toughest US sanctions facing Russia
WASHINGTON (AP) — President Joe Biden on Tuesday rolled out the first of what the U.S. says could be an ever-fiercer, ever-broader cascade of financial sanctions and penalties over Russia’s moves against Ukraine.
EXPLAINER: What is the Russia-Europe Nord Stream 2 pipeline?
FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz has suspended the certification process for the Nord Stream 2 natural gas pipeline after Russia recognized separatist-held regions in eastern Ukraine.
