Category Archives: Business

N.L. government’s $505-million aid for Terra Nova a good deal, energy minister says

ST. JOHN'S, N.L. — A $505-million lifeline that helped keep an offshore oilfield alive is a good deal for the province, the Newfoundland and Labrador government said Thursday, even if it means it would reap just $35 million in royalties

Legal cannabis bill clears state Senate, awaits Lamont’s OK

HARTFORD, Conn. (AP) — The Senate voted Thursday to legalize the recreational use of cannabis for adults in Connecticut, the final legislative action for a bill that lays the groundwork for the new industry in Connecticut and attempts to address

US locks down embassy in Afghanistan amid COVID-19 surge

WASHINGTON (AP) — The U.S. Embassy in Afghanistan ordered a near-complete lockdown Thursday because of a massive spike in coronavirus cases among employees.

High court backs Nestle, Cargill in child slave labor suit

WASHINGTON (AP) — The Supreme Court sided with food giants Nestle and Cargill on Thursday and threw out a lawsuit that claimed they knowingly bought cocoa beans from farms in Africa that used child slave labor.

No breakthrough during ‘exhausting’ online climate talks

BERLIN (AP) — No breakthroughs have been made on key issues during three weeks of international climate talks that ended Thursday, officials said, with plans now for a select group of ministers to come together next month in the hope

‘Obamacare’ survives: Supreme Court dismisses big challenge

WASHINGTON (AP) — The Supreme Court, though increasingly conservative in makeup, rejected the latest major Republican-led effort to kill the national health care law known as “Obamacare” on Thursday, preserving insurance coverage for millions of Americ...

Russian regions make vaccines mandatory for many workers

MOSCOW (AP) — Authorities in four Russian regions have made coronavirus vaccines mandatory this week for workers in retail, education and other service sectors, part of an effort to boost the country's low immunization rates as COVID-19 infections cont...

US jobless claims tick up to 412,000 from a pandemic low

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily from the pandemic recession.

French tourism seeks new boost with Disneyland reopening

PARIS (AP) — France's tourism sector is taking a further step toward normality with the reopening of Disneyland Paris, two weeks after the country reopened its borders to vaccinated visitors from across the world.

Turkey’s central bank keeps interest rate unchanged at 19%

ISTANBUL (AP) — Turkey’s central bank left its key benchmark interest rate unchanged at 19% on Thursday. The bank said in

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