Category Archives: Business
Yellen meets war refugees in Poland, pushes food crisis plan
WARSAW, Poland (AP) — U.S. Treasury Secretary Janet Yellen on Monday met with Ukrainian refugees and urged the need to confront Russian brutality as she visited Poland ahead of a meeting of finance ministers for the Group of Seven leading
Sri Lanka proposes privatizing national airline amid crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new prime minister on Monday proposed privatizing the country’s loss-making national airline as part of reforms aimed at solving the country worst economic crisis in decades.
US allows more baby formula imports to fight shortage
WASHINGTON (AP) — Under fire from parents and politicians, President Joe Biden’s administration announced steps Monday to ease a nationwide shortage of baby formula, including reopening the largest domestic manufacturing plant and increasing imports fr...
In US, states struggle to replace fossil fuel tax revenue
SANTA FE, N.M. (AP) — Government budgets are booming in New Mexico: Teacher salaries are up, residents can go to an in-state college tuition-free, moms will get medical care for a year after childbirth, and criminal justice initiatives are being
French carmaker Renault to sell Russian operations to Moscow
Russia will take control of French car manufacturer Renault's operations in the country and resurrect a Soviet-era auto brand, officials said Monday, marking the first major nationalization of a foreign business since the war in Ukraine began.
Turkey objects as Sweden, Finland seek NATO membership
STOCKHOLM (AP) — Turkey´s president on Monday complicated Sweden and Finland´s historic bid to join NATO, saying he cannot allow them to become members of the alliance because of their perceived inaction against exiled Kurdish militants.
EXPLAINER: Next steps for Finland, Sweden on NATO membership
BRUSSELS (AP) — Finland and Sweden have signaled their intention to join NATO over Russia’s war in Ukraine and things will move fast once they formally apply for membership in the world’s biggest security alliance.
EU cuts forecast for economic growth as war’s fallout widens
BRUSSELS (AP) — The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war in Ukraine and disruptions to energy supplies.
Buttigieg sends $5B to cities for safety as road deaths soar
WASHINGTON (AP) — With upcoming data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving out bike paths and wider sidewalks
EU’s Russia sanctions effort slows over oil dependency
BRUSSELS (AP) — The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to bog down on Monday, as a small group of countries continued to oppose a ban on