Category Archives: Economy

Pentagon cancels disputed JEDI cloud contract with Microsoft

WASHINGTON (AP) — The Pentagon said Tuesday it canceled a disputed cloud-computing contract with Microsoft that could eventually have been worth $10 billion. It will instead pursue a deal with both Microsoft and Amazon and possibly other cloud service ...

In hunt for infrastructure deal, every Dem has leverage

WASHINGTON (AP) — In a crucial moment for Democrats, party leaders are hunting for a sweet spot that would satisfy their rival moderate and progressive wings on legislation to finance President Joe Biden’s multitrillion-dollar agenda of bolstering the ...

China’s Xi attacks calls for technology blockades

BEIJING (AP) — Chinese leader Xi Jinping on Tuesday attacked calls from some in the U.S. and its allies to limit their dependency on Chinese suppliers and block the sharing of technologies.

Tokyo Olympics shaping up as TV-only event with few fans

TOKYO (AP) — The pandemic-delayed Tokyo Olympics are shaping up as a TV-only event with few spectators — if any — being allowed when they open in just over two weeks.

Fire reignites at Thai factory as health concerns rise

BANGKOK (AP) — Chemicals at a factory just outside the Thai capital burst back into flames briefly Tuesday, sending another cloud of toxic black smoke into the air and highlighting the continuing health danger from an industrial accident that killed

Merkel’s party readies campaign to keep Germany’s top office

BERLIN (AP) — Chancellor Angela Merkel's party on Tuesday presented a campaign for Germany's September election that portrays would-be successor Armin Laschet as a conciliatory, experienced leader and mixes classic center-right themes with portraying t...

Lebanon caretaker premier pleads for aid as crisis worsens

BEIRUT (AP) — Lebanon’s caretaker prime minister warned Tuesday that the country is hurtling toward a “social explosion” and appealed to the international community for assistance to prevent the demise of the nation facing multiple crises.

Major blackouts in Iran prompt rare apology from president

TEHRAN, Iran (AP) — Iran’s outgoing president offered a rare apology Tuesday for the country’s most severe summer power outages in recent memory, as blackouts cripple businesses and darken homes for hours a day.

Twitter restricts account of expert who mocked China leader

WELLINGTON, New Zealand (AP) — A New Zealand academic says Twitter temporarily restricted her account after she mocked Chinese President Xi Jinping.

The Latest: New Zealand gives tentative OK for 2nd vaccine

WELLINGTON, New Zealand — New Zealand medical regulators have approved use of the Johnson & Johnson coronavirus vaccine, after earlier in the year approving the Pfizer vaccine.

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