Category Archives: Economy

The AP Interview: Facebook whistleblower fears the metaverse

BRUSSELS (AP) — Facebook whistleblower Frances Haugen warned Tuesday that the “metaverse,” the all-encompassing virtual reality world at the heart of the social media giant's growth strategy, will be addictive and rob people of yet more personal inform...

‘We miss our friends’: N.Y. town eager for Canadians to return as land border reopens

MONTREAL — Residents of a New York border town say they're eager to welcome Canadians now that the United States has eased land border restrictions, but they worry that costly COVID-19 testing rules will keep many travellers away. On Monday, Christmas

APEC leaders meeting to chart path forward from pandemic

WELLINGTON, New Zealand (AP) — U.S. President Joe Biden and his Chinese counterpart Xi Jinping will have a rare virtual encounter this week as they gather online with other Pacific Rim leaders to chart a path to recovery out of

Congress mandates new car technology to stop drunken driving

WASHINGTON (AP) — Congress has created a new requirement for automakers: Find a high-tech way to keep drunken people from driving cars.

All aboard: Austrian minister takes train to climate talks

GLASGOW, Scotland (AP) — Unlike some of her European colleagues, Leonore Gewessler arrived at the U.N. climate conference with a clean conscience.

Metallurgist admits faking steel-test results for Navy subs

SEATTLE (AP) — A metallurgist in Washington state pleaded guilty to fraud Monday after she spent decades faking the results of strength tests on steel that was being used to make U.S. Navy submarines.

Mayor says ‘unreal’ lineups at Alberta border crossing as restrictions lifted

COUTTS, Alta. — The mayor of a village in southern Alberta says the sun rose above the longest row of vehicles the border community had ever seen Monday a few hours after the Canada-United States border restrictions were eased. The port

Deputy PM Freeland writes to Air Canada’s board about CEO’s comments on French

OTTAWA — Canada's deputy prime minister has written to Air Canada's board of directors, urging that its CEO improve his French and that his knowledge of the language be included in his annual performance review. In her letter, Chrystia Freeland asked

Gun maker Remington moves to Georgia in $100M, 856-job deal

ATLANTA (AP) — Gun maker Remington Firearms will move its headquarters from Ilion, New York, to Georgia, with plans to open a factory and research operation there.

Latest exit from Fed’s board gives Biden three slots to fill

WASHINGTON (AP) — Randal Quarles announced Monday that he will resign from the Federal Reserve's Board of Governors at the end of the year after completing a four-year term as its top bank regulator, opening up another vacancy on the

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