Category Archives: Economy
Slovenia’s term raises specter of EU’s threat from within
KRANJ, Slovenia (AP) — Tiny Slovenia took charge of the world’s largest trading bloc this week, and immediately shone a harsh spotlight on one of the European Union’s most vexing problems: How to accommodate increasingly vocal member countries with ver...
Ransomware attack before holiday leaves companies scrambling
Businesses around the world rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday weekend.
Rioters accused of erasing content from social media, phones
PHOENIX (AP) — They flaunted their participation in the Jan. 6 riot at the U.S. Capitol on social media and then, apparently realizing they were in legal trouble, rushed to delete evidence of it, authorities say. Now their attempts to
Fortress-led group to buy UK’s Morrisons for $8.7 billion
LONDON (AP) — A group led by U.S.-based Fortress Investment has agreed to buy Morrisons, the U.K.’s fourth-largest supermarket chain, for 6.3 billion pounds ($8.7 billion) as overseas investors look for bargains in a market battered by Brexit and the
Under presssure, company cancels Tennessee pipeline
MEMPHIS, Tenn. (AP) — Environmentalists and activists claimed victory Saturday after a company canceled plans to build an oil pipeline through southwest Tennessee and north Mississippi, and over an aquifer that provides drinking water to 1 million peop...
The Latest: Navajo Nation reports 2 more COVID-19 deaths
WINDOW ROCK, Ariz. -- The Navajo Nation on Saturday reported five additional COVID-19 cases and two more deaths. A statement released
Indonesia caught between surge and slow vaccine rollout
JAKARTA, Indonesia (AP) — Sri Dewi stood in the graveyard with her family, waiting their turn to bury her brother. He suffered a stroke and needed oxygen, but there wasn't any in a hospital overwhelmed with COVID-19 patients.
TC Energy files legacy NAFTA claim; seeks $15B in damages after KXL cancellation
CALGARY — TC Energy says it will seek more than US$15 billion from the U.S. government in the wake of President Joe Biden's cancellation of the Keystone XL pipeline's damage permit. The Calgary-based company says it launched a claim under the
Business Highlights: Accelerated hiring, Wall Street records
___ US hiring accelerated in June as workers earned higher pay
EXPLAINER: How California could recall its governor
LOS ANGELES (AP) — California will hold a recall election Sept. 14 that could remove first-term Democratic Gov. Gavin Newsom from office. The date was set by Lt. Gov. Eleni Kounalakis, a Democrat and Newsom ally, after election officials certified
