Category Archives: Business
Countries pledge to cut heavily polluting coal, with caveats
GLASGOW, Scotland (AP) — In the fight to curb climate change, several major coal-using nations announced steps Thursday to wean themselves — at times slowly — off of the heavily polluting fossil fuel.
UK authorizes Merck antiviral pill, 1st shown to treat COVID
LONDON (AP) — Britain granted conditional authorization on Thursday to the first pill shown to successfully treat COVID-19 so far. It also is the first country to OK the treatment from drugmaker Merck, although it wasn't immediately clear how quickly
OPEC+ keeps cautious oil production despite Biden pressure
FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries rebuffed pressure from U.S. President Joe Biden to pump significantly more oil and lower gasoline prices for American drivers, deciding Thursday to stick with their plan for cautious mon...
Bank of England holds rates steady, confounding expectations
LONDON (AP) — The Bank of England confounded market expectations and held U.K. interest rates steady Thursday, saying it wanted to see what happens to unemployment after the British government ended a program that subsidized worker pay during the coron...
Germany reports record number of new coronavirus cases
BERLIN (AP) — Germany's disease control agency on Thursday reported the highest number of new coronavirus infections since the outbreak of the pandemic.
US government works to ‘cocoon’ old nuclear reactors
SPOKANE, Wash. (AP) — Costs to clean up a massive nuclear weapons complex in Washington state are usually expressed in the hundreds of billions of dollars and involve decades of work.
Labor secretary: Pandemic, worker vexation feed port issues
MOUNT PLEASANT, S.C. (AP) — During a visit to South Carolina's Port of Charleston, the nation's ninth-busiest, Labor Secretary Marty Walsh said Wednesday that slowdowns and bottlenecks at the nation's shipping terminals are the result of an ongoing pan...
Labor leader apologizes for likening Holocaust to mandates
TOPEKA, Kan. (AP) — A Kansas labor leader apologized Wednesday for remarks he made during a legislative hearing comparing COVID-19 vaccine mandates to the Holocaust that killed millions of Jews.
France frees UK trawler caught up in Channel fishing dispute
LONDON (AP) — A British-registered scallop boat caught up in a post-Brexit spat between the U.K. and France over fishing licenses has been released by French authorities, its owner said Wednesday.
Putin urges development of new hypersonic missiles, lasers
MOSCOW (AP) — Russian President Vladimir Putin urged the country's arms manufacturers Wednesday to develop even more advanced hypersonic missiles and high-energy lasers to maintain the country's edge in military technologies.
