Category Archives: Economy

China weighs exit from ‘zero COVID’ and the risks involved

BEIJING (AP) — Even as authorities lock down cities in China's worst outbreak in two years, they are looking for an exit from what has been a successful but onerous COVID-19 prevention strategy.

California lawmakers vote to make abortions cheaper

SACRAMENTO, Calif. (AP) — California lawmakers on Thursday voted to make abortions much cheaper for people on private health insurance plans, bringing California closer to becoming the fourth state in the country to ban insurance fees for the procedure...

Contaminated Columbia River island added to Superfund list

SPOKANE, Wash. (AP) — The U.S. Environmental Protection Agency on Thursday added Bradford Island and surrounding waters of the Columbia River to its Superfund list of toxic waste sites, beginning the process for the eventual cleanup of the area.

A list of Canadian companies cutting ties with Russia over invasion of Ukraine

A number of Canadian companies have suspended or moved to withdrawal from Russia following its unprovoked invasion of Ukraine. Here is a partial list of those firms: Alberta Investment Management Corp. — Alberta investment manager says it will divest a...

Russia says it transferred bond payment to avoid default

LONDON (AP) — Russia's Finance Ministry said it transferred a $117 million bond interest payment in an attempt to avoid a default on government debt but left it open if the money actually reached foreign investors by the deadline.

Spanish authorities deploy 23,000 police amid trucker strike

MADRID (AP) — Spain’s government said Thursday it is mobilizing more than 23,000 police to crack down on striking truck drivers blamed for attacks on colleagues who haven’t joined the open-ended walkout.

Big new California reservoir on track for $2.2B federal loan

SACRAMENTO, Calif. (AP) — A long-delayed plan to build a giant reservoir in Northern California to help withstand the U.S. West’s notorious droughts got a huge financial boost on Thursday when the federal government signaled its intent to loan the

Major UK ferry operator fires 800 crew, disrupting service

LONDON (AP) — A ferry operator owned by the government of Dubai sparked a furious response from workers and criticism from British authorities Thursday after firing 800 U.K.-based crew members without notice amid plans to replace them with cheaper staf...

Kansas impasse shows green energy opposition has lost steam

TOPEKA, Kan. (AP) — Efforts to propel Kansas' renewable energy future are at a standstill, mired in legislative stalemate. At its center is a former TV weather personality who is using his chairmanship of a key committee to promote questionable

Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine

WASHINGTON (AP) — President Joe Biden set out to finally complete the “pivot to Asia,” a long-sought adjustment of U.S. foreign policy to better reflect the rise of America’s most significant military and economic competitor: China.

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