Category Archives: Economy
Use of OxyContin profits to fight opioids formally approved
A judge formally approved a plan Friday to turn OxyContin maker Purdue Pharma into a new company no longer owned by members of the Sackler family and with its profits going to fight the opioid epidemic.
Tenacious Belgium immigrant pioneered Canada’s mussel industry in the 1970s
CHARLOTTETOWN — When Joe Van Den Bremt first floated the idea of producing cultured mussels on P.E.I. in the 1970s, the local fishermen laughed at him. "They were all telling me, 'We use that stuff for fertilizer,'" he said in 2017.
France recalls ambassadors to US, Australia over sub deal
PARIS (AP) — America’s oldest ally, France, recalled its ambassador to the United States on Friday in an unprecedented show of anger that dwarfed decades of previous rifts.
Start of school year fuels California job growth in August
SACRAMENTO, Calif. (AP) — Public school teachers and staff returning to the classroom in August fueled another impressive month of job gains in California as officials said Friday that the state added another 104,300 jobs on its march to erase
Cambodian leader boasts he barged into opposition video call
PHNOM PENH, Cambodia (AP) — Cambodian Prime Minister Hun Sen has boasted of barging uninvited into a video conference call hosted by his political opponents.
Biden, world leaders push climate action, vow methane cuts
WASHINGTON (AP) — President Joe Biden tried on Friday to hammer out the world's next steps against rapidly worsening climate change with a small group of other global leaders and announced a new U.S.-European pledge to cut climate-wrecking methane leak...
Biden faces limits of $1.9T COVID aid as some states resist
WASHINGTON (AP) — President Joe Biden entered the White House promising to stop the twin health and economic crises caused by COVID-19, but $1.9 trillion and countless initiatives later he’s confronting the limits of what Washington can achieve when so...
UN: More pledges needed to avoid ‘catastrophic’ climate path
BERLIN (AP) — A new report shows the world is on a “catastrophic pathway” toward a hotter future unless governments make more ambitious pledges to cut greenhouse gas emissions, the head of the United Nations said Friday.
UN: More pledges needed to avoid ‘catastrophic’ climate path
BERLIN (AP) — A new report shows the world is on a “catastrophic pathway” toward a hotter future unless governments make more ambitious pledges to cut greenhouse gas emissions, the head of the United Nations said Friday.
Berlin buys thousands of apartments from corporate landlords
BERLIN (AP) — Berlin's city government said Friday it is buying some 14,750 apartments from two large corporate landlords for 2.46 billion euros ($2.9 billion) — a deal announced a week before local and national elections as the German capital
