Category Archives: Economy

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

Biden eyes boost to mining of minerals for electric vehicles

WASHINGTON (AP) — Facing higher oil prices after Russia's invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles.

Testimony: Pope approved Vatican payout for London property

VATICAN CITY (AP) — Pope Francis allegedly authorized negotiating an exit strategy for a key figure in the Vatican’s bungled London real estate investment and was so satisfied with the outcome that he paid for a celebratory dinner at a

Growth slows for endangered Mexican gray wolf population

ALBUQUERQUE, N.M. (AP) — There are now more Mexican gray wolves roaming the southwestern U.S. than at any time since the federal government started to reintroduce the endangered species, wildlife managers said Wednesday.

Hungary accuses Ukraine of interfering in upcoming election

BUDAPEST, Hungary (AP) — Hungary’s foreign minister on Wednesday accused Ukraine’s leadership of attempting to interfere in the upcoming Hungarian election, a charge later denied by his Ukrainian counterpart in an episode that put further strain on rel...

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