Category Archives: Economy
China holds espionage trial of Chinese Australian journalist
BEIJING (AP) — Chinese Australian journalist Cheng Lei went on trial in Beijing on Thursday on espionage charges, with diplomats denied permission to attend the proceedings. Australian
Biden planning to tap oil reserve to control gas prices
WASHINGTON (AP) — President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to
US approves bison grazing on Montana prairie amid criticism
BILLINGS, Mont. (AP) — U.S. officials on Wednesday announced approval of a conservation group's proposal to expand bison grazing on prairies in north-central Montana as part of a vast nature reserve over objections from some ranchers and elected offici...
Alberta bill proposes regulatory ‘sandbox’ to help financial-tech companies grow
EDMONTON — Alberta is proposing rules that would make it easier for entrepreneurs to test products in the emerging field of cryptocurrencies and online banking. Finance Minister Travis Toews says a bill before the legislature calls for setting up what ...
FDA panel narrowly sides against experimental ALS drug
WASHINGTON (AP) — Federal health advisers on Wednesday narrowly ruled against an experimental drug for the debilitating illness known as Lou Gehrig’s disease, a potential setback for patient groups who have lobbied for the medication’s approval.
Facebook resorts to old smear tactics against TikTok
Eleven years ago, Facebook was caught red-handed after it hired a prominent public relations firm to try to plant stories harshly criticizing Google’s privacy practices in leading news outlets.
Mississippi could become final state with equal pay law
JACKSON, Miss. (AP) — Mississippi could become the final state to enact a law requiring equal pay for equal work by women and men, after the Republican-controlled state House and Senate passed the final version of a bill Wednesday.
Russia’s ruble rebound raises questions of sanctions’ impact
WASHINGTON (AP) — The ruble is no longer rubble. The Russian ruble by Wednesday had bounced back from the fall it took after the U.S. and
Satellite modems nexus of worst cyberattack of Ukraine war
A malicious software command that immediately crippled tens of thousands of modems across Europe anchored the cyberattack on a satellite network used by Ukraine’s government and military just as Russia invaded, the satellite owner disclosed Wednesday. ...
Small businesses seek extra hiring aid in federal budget to help with recovery
OTTAWA — The voice of Canadian small business says it hopes the federal government breathes extra months of life into an incentive for companies to hire new staff, a way to help firms only now hitting recovery mode. Dan Kelly, president
