Category Archives: Business
US to end Russia’s ability to pay international investors
WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all
Australia’s government urges China to remove trade barriers
CANBERRA, Australia (AP) — Australia’s new government has urged China to lift trade sanctions if it wants to reset a bilateral relationship that plumbed new depths under the previous administration.
Ukraine: 200 bodies found in basement in Mariupol’s ruins
KYIV, Ukraine (AP) — Workers digging through the rubble of an apartment building in Mariupol found 200 bodies in the basement, Ukrainian authorities said Tuesday, as more horrors come to light in the ruined city that has seen some of
Live updates | Russia-Ukraine War
The Russian parliament gave preliminary approval Tuesday to a bill that would allow the government to appoint new management of foreign companies that pulled out of Russia after its invasion of Ukraine.
China’s bet on homegrown mRNA vaccines holds back nation
TAIPEI, Taiwan (AP) — China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against the worst outcomes from
US safety, savings rules set stage for baby formula shortage
WASHINGTON (AP) — A massive recall is getting most of the blame for the U.S. baby formula shortage, but experts say the products have long been vulnerable to this type of crisis due to decades-old policies that have allowed a
ExxonMobil loses bid to nix climate change lawsuit
BOSTON (AP) — Massachusetts’ highest court on Tuesday rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its fossil fuels play in causing climate
Lawsuit accuses 3 automakers and parts maker in air bag case
DETROIT (AP) — A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding. Two deaths and at least four injuries have been linked to
Ford pays $19M to settle claims on fuel economy, payload
SACRAMENTO, Calif. (AP) — Ford Motor Company on Tuesday settled claims by 40 U.S. state attorneys general that the company made misleading claims about the fuel economy and payload capacity of some of its vehicles, violating state consumer protection l...
NJ sees $24M in marijuana sales, grants new licenses
TRENTON, N.J. (AP) — One month into existence, New Jersey's recreational marijuana market has done $24 million in sales and regulators on Tuesday voted to grant permits to nearly a dozen new recreational cannabis retailers in their first public meeting...