Category Archives: Business
Russia’s Chernobyl seizure seen as nuclear risk ‘nightmare’
CHERNOBYL, Ukraine (AP) — Here in the dirt of one of the world’s most radioactive places, Russian soldiers dug trenches. Ukrainian officials worry they were, in effect, digging their own graves.
Japan formally revokes Russia’s ‘most favored nation’ status
TOKYO (AP) — Japan enacted a law on Wednesday formally revoking Russia's “most favored nation” trade status over its invasion of Ukraine, as Tokyo steps up sanctions amid revelations of Russian military atrocities against civilians.
Minnesota Supreme Court to hear challenge in PolyMet case
ST. PAUL, Minn. (AP) — The Minnesota Supreme Court agreed Tuesday to hear a challenge by environmentalists over portions of a lower court ruling involving a key permit for the proposed PolyMet copper-nickel mine.
Biden launches $6B effort to save distressed nuclear plants
WASHINGTON (AP) — The Biden administration is launching a $6 billion effort to rescue nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change.
EXPLAINER: What happens in the post-mask world of travel?
DALLAS (AP) — A ruling by a federal judge has ended — at least for now — the requirement that people wear masks on planes and public transportation, and there is plenty of confusion about the new, post-mask world of
Florida Gov DeSantis pushes to end Disney self-government
TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Tuesday asked the Legislature to repeal a law allowing Walt Disney World to operate a private government over its properties in the state, the latest volley in a feud between the
Canadian manufacturers hope for exemptions from latest Buy American provisions
Canadian manufacturers are once again facing the risk of being hit by U.S. protectionism and the need to fight for crucial exemptions. The challenge comes after the Biden administration announced new procurement guidanceMonday that requires the constr...
Myanmar military government denies rumors of fuel shortages
BANGKOK (AP) — Myanmar’s military government has denied the country is suffering from a shortage of fuel after rumors about low supplies of gasoline and diesel led to panic buying and long queues at service stations in several cities.
Biden restores stricter environmental review of big projects
WASHINGTON (AP) — The Biden administration is restoring federal regulations that require rigorous environmental review of major infrastructure projects such as highways, pipelines and oil wells — including likely impacts on climate change and nearby co...
Citing Russia’s war, IMF cuts global growth forecast to 3.6%; Canada to 3.9% in 2022
WASHINGTON — The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing unc...
