Category Archives: Economy
130 countries back deal on global minimum tax for companies
FRANKFURT, Germany (AP) — Some 130 countries have agreed on a global minimum tax backed by President Joe Biden as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low
Does new Alzheimer’s drug work? Answers may miss 2030 target
WASHINGTON (AP) — When a controversial Alzheimer’s drug won U.S. approval, surprise over the decision quickly turned to shock at how long it might take to find out if it really works — nine years.
Digital travel pass kicks off EU-wide as vacations gain pace
BRUSSELS (AP) — As the European summer vacation season hit its stride Thursday with a new EU-wide travel pass in place, the bloc's medical office and a top airline chief issued reassuring messages on traveling, despite the threat of the
South Africa’s Zuma doesn’t say if he will comply with jail
JOHANNESBURG (AP) — Former South African president Jacob Zuma has denounced the 15-month prison sentence he has been given by the country's highest court and has not said if he will voluntarily comply with the order to turn himself over
South Africa’s Zuma doesn’t say if he will comply with jail
JOHANNESBURG (AP) — Former South African president Jacob Zuma has denounced the 15-month prison sentence he has been given by the country's highest court and has not said if he will voluntarily comply with the order to turn himself over
NSA discloses hacking methods it says are used by Russia
WASHINGTON (AP) — U.S. and British agencies disclosed on Thursday details of “brute force” methods they say have been used by Russian intelligence to try to break into the cloud services of hundreds of government agencies, energy companies and other
House approves $715 billion transportation, water bill
WASHINGTON (AP) — The Democratic-led House approved a sizable $715 billion transportation bill Thursday, a potential investment in roads, rail, public transit and water over five years that could serve as a marker in the negotiations over a bipartisan ...
High court: California can’t collect charity top donor names
WASHINGTON (AP) — The Supreme Court on Thursday ordered California to stop collecting the names and addresses of top donors to charities, calling the state's requirement a “dragnet for sensitive donor information."
Amsterdam mayor apologizes for city fathers’ role in slavery
AMSTERDAM (AP) — The mayor of Amsterdam apologized Thursday for the extensive involvement of the Dutch capital's former governors in the global slave trade, saying the moment had come for the city to confront its grim history.
US jobless claims fall to 364,000, a new pandemic low
WASHINGTON (AP) — The number of Americans applying for unemployment aid fell again last week to the lowest level since the pandemic struck last year, further evidence that the job market and the broader economy are rebounding rapidly from the
