Category Archives: Business

World Economic Forum warns cyber risks add to climate threat

LONDON (AP) — Cyberthreats and the growing space race are emerging risks to the global economy, adding to existing challenges posed by climate change and the coronavirus pandemic, the World Economic Forum said in a report Tuesday.

Fed’s Powell: High inflation poses a threat to job market

WASHINGTON (AP) — Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates faster than it now plans if needed

Federal Reserve’s Powell: High inflation ‘exacts a toll’

WASHINGTON (AP) — High inflation is taking a toll on American families, Federal Reserve Chair Jerome Powell acknowledged in remarks to be delivered at a Tuesday congressional hearing, where he is sure to face tough questions on the subject.

14-year-old girl shot by police remembered at LA funeral

LOS ANGELES (AP) — A 14-year-old girl who was killed when a Los Angeles police officer fired at a suspect at a clothing store and the bullet pierced a wall was remembered Monday as a happy teen with many friends

Italy targets the unvaccinated with new virus restrictions

ROME (AP) — Italy targeted the unvaccinated with a host of new coronavirus restrictions Monday, with proof of vaccination or recovery from a recent infection required to enter public transport, cafes, hotels, gyms and other popular venues.

California governor proposes tax cuts, expanded health care

SACRAMENTO, Calif. (AP) — With state revenues at an all-time high, California Gov. Gavin Newsom on Monday proposed a budget that would cut taxes while also promising to pay the health care expenses of all of the state's low-income adults

Tax season begins two weeks early due to virus, IRS funding

WASHINGTON (AP) — This year's tax filing season will begin on Jan. 24, 17 days earlier than last year, the Internal Revenue Service announced Monday. The IRS

EU auditors: Rule of law aid for W Balkans doesn’t pay off

BRUSSELS (AP) — European Union auditors say that the hundreds of millions of euros the bloc has poured into six Western Balkan nations to improve the rule of law there just doesn’t pay off.

Polish senator sues party leader over surveillance remarks

WARSAW, Poland (AP) — A Polish opposition senator whose phone was hacked with advanced spyware has filed a civil suit against Poland's ruling party leader, Jaroslaw Kaczynski, for slander over comments suggesting that he was placed under surveillance i...

Germany blames Malaysian owner for shipyard bankruptcy

BERLIN (AP) — Germany is blaming the collapse of a shipyard business on its Malaysia-based owner Genting Group, saying the conglomerate refused to contribute to a government bailout plan.

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