Category Archives: Business

US officials eye fuel supply for advanced nuclear reactors

BOISE, Idaho (AP) — The development of commercial advanced nuclear reactors intended to help combat global warming and enhance national security will need a better supply of the right type of nuclear fuel, U.S. officials said Tuesday.

Father, son blamed for California wildfire out on lower bail

PLACERVILLE, Calif. (AP) — A father and son charged with sparking a devastating Northern California wildfire that destroyed about 1,000 homes near Lake Tahoe earlier this year are out of jail after a judge vastly reduced their bail, largely rejecting

Son of Panama ex-president pleads guilty to money laundering

NEW YORK (AP) — A son of Panama's former president, Ricardo Martinelli, pleaded guilty Tuesday in New York to laundering $28 million in connection with a massive bribery scheme involving a global construction conglomerate.

Italy requires quarantines for unvaccinated EU visitors

MILAN (AP) — Italy’s health minister signed an ordinance Tuesday requiring any unvaccinated visitor from another EU country to quarantine for five days after arriving in a bid to block spread of the omicron variant.

FDA pick Califf parries questions at confirmation hearing

WASHINGTON (AP) — President Joe Biden’s pick to lead the Food and Drug Administration parried questions on crises ranging from the COVID-19 pandemic to the opioid epidemic, during a Senate hearing Tuesday that seemed to bode well for his confirmation.

Dutch extend COVID lockdown; school holidays to start early

THE HAGUE, Netherlands (AP) — The Dutch government on Tuesday ordered elementary schools to close a week early for Christmas holidays as authorities battle to rein in coronavirus infections amid concerns about the swift spread of the new omicron varian...

Harvard professor’s trial a test of DOJ’s China prosecutions

BOSTON (AP) — The trial of a Harvard University professor charged with hiding his ties to a Chinese-run recruitment program is the latest bellwether in the U.S. Justice Department's controversial effort to crackdown on economic espionage by China.

Senate poised to raise debt limit by $2.5T, avoiding default

WASHINGTON (AP) — The Senate was poised Tuesday to lift the nation's debt limit by $2.5 trillion under a deal struck between party leaders, defusing a volatile issue until after next year's midterm elections while saddling majority Democrats with a

Egypt backs federal peace deal for ethnically split Cyprus

NICOSIA, Cyprus (AP) — Egypt’s foreign minister on Tuesday rebuffed a Turkish push for a two-state peace deal on ethnically divided Cyprus, saying that any talks should adhere to a U.N.-backed road map reunifying the east Mediterranean island nation as...

UAE suspends talks on $23B weapons deal with US

WASHINGTON (AP) — The United Arab Emirates on Tuesday suspended talks on a $23 billion deal to purchase American-made F-35 planes, armed drones and other equipment, in a rare dispute between Washington and a key U.S. ally in the Persian

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