Category Archives: Business

The Latest: Britain’s government: ‘end of coal is in sight’

The latest on U.N. climate summit COP26 in Glasgow: GLASGOW, Scotland — Britain’s government has claimed that the “end of

Cyprus holds rig security drills amid hydrocarbon tensions

NICOSIA, Cyprus (AP) — Ships and aircraft from eight nations took part on Wednesday in annual drills to boost safety and security procedures on vessels and oil rigs off Cyprus' southern coastline amid ongoing tensions with neighboring Turkey over compe...

Investors bet big on climate fight but motives questioned

GLASGOW, Scotland (AP) — Governments and big investors announced fresh plans Wednesday to pour trillions of dollars into curbing global warming, reflecting the financial world's growing embrace of efforts to fight climate change as both a business nece...

Italy-Croatia fight over Prosecco name gets ready to pop

PROSECCO, Italy (AP) — On tiny pockets of terraced terrain overlooking a bay shared by Italy, Slovenia and Croatia, Milos Skabar is reviving a centuries-old winemaking tradition known as Prosekar, which shares roots with its better-known bubbly cousin,...

China, Russia urge UNSC to end key sanctions on North Korea

UNITED NATIONS (AP) — China and Russia are urging the U.N. Security Council to end a host of sanctions against North Korea including a ban on exports of seafood and textiles, a cap on imports of refined petroleum products and

GEO ordered to pay $23.2M in detainee minimum wage cases

SEATTLE (AP) — A private prison company has been ordered to pay more than $23 million over lawsuits that accused it of running its for-profit immigration lockup in Washington state on the backs of detainees.

An “eraser button”? Focused ideas could help bridle Big Tech

WASHINGTON (AP) — Break up Big Tech? How about shrinking the tech companies’ shield against liability in cases where the content they push to users causes harm? Or creating a new regulator to strictly oversee the industry?

Official: New Mexico regulators should reject utility merger

SANTA FE, N.M. (AP) — A state hearing examiner has recommended that New Mexico regulators reject the purchase of the state's largest utility, Public Service Co. of New Mexico, by global energy giant Iberdrola.

Democratic chair issues subpoenas to oil executives

WASHINGTON (AP) — The chairwoman of the House Oversight Committee issued subpoenas Tuesday to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate ...

Months after raid, review of seized Giuliani files continues

NEW YORK (AP) — When FBI agents raided Rudy Giuliani's home and office earlier this year, carting off his phones and computers, his lawyers expressed outrage, saying the devices seized from Donald Trump's former lawyer were potentially “replete with ma...

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