Category Archives: Economy

Pot retailer denies executives pressured state officials

ALBANY, N.Y. (AP) — The legal record will show that executives of the Cannabis retailer Ascend Wellness did not exert political pressure on Gov. Kathy Hochul's administration by attending a December fundraiser and then meeting with state officials, its...

Supreme Court rejects Epstein sex abuse accuser’s lawsuit

WASHINGTON (AP) — The Supreme Court is leaving in place a decision throwing out a lawsuit filed by a woman who accused billionaire financier Jeffrey Epstein of sexually abusing her when she was a child.

EXPLAINER: A look at toughest US sanctions facing Russia

WASHINGTON (AP) — President Joe Biden on Tuesday rolled out the first of what the U.S. says could be an ever-fiercer, ever-broader cascade of financial sanctions and penalties over Russia’s moves against Ukraine.

Biden putting ‘Buy American’ frame around critical minerals development efforts

WASHINGTON — President Joe Biden is once again draping the union-friendly, red, white and blue bunting of his Buy American philosophy over a key component of his administrative agenda — one in which Canada dearly wants to play a role.  The

EXPLAINER: What is the Russia-Europe Nord Stream 2 pipeline?

FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz has suspended the certification process for the Nord Stream 2 natural gas pipeline after Russia recognized separatist-held regions in eastern Ukraine.

EU advises further relaxing travel rules for foreigners

BRUSSELS (AP) — European Union member countries agreed Tuesday that they should further facilitate tourist travel into the 27-nation bloc for people who are vaccinated against the coronavirus or have recovered from COVID-19.

Philippines signs $624 million deal for 32 Black Hawks

MANILA, Philippines (AP) — The Philippines signed a 32 billion-peso ($624 million) deal Tuesday to purchase 32 Black Hawk helicopters in the largest military aircraft acquisition contract under outgoing President Rodrigo Duterte, defense officials said...

Ukraine-Russia: Germany suspends Nord Stream 2 gas pipeline

BERLIN (AP) — Germany has taken steps to halt the process of certifying the Nord Stream 2 gas pipeline from Russia, Chancellor Olaf Scholz said Tuesday, as the West started taking punitive measures against Moscow over the Ukraine crisis.

Ukraine crisis jolts Europe to push for secure energy supply

MADRID (AP) — Surging energy prices and the Russia-Ukraine conflict are making European leaders think hard about energy security — particularly their decades-old reliance on Moscow for natural gas.

Biden, Putin signal bigger confrontation ahead over Ukraine

MOSCOW (AP) — The East-West faceoff over Ukraine escalated dramatically Tuesday, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and U.S. President Joe Biden and European leaders responding by slapp...

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