Shares are higher in Asia after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong advanced nearly 2.5% and other benchmarks were moderately higher. Oil prices slipped. On Monday, the S&P 500 failed to hold onto an afternoon gain, losing 0.4%. The benchmark…
Ukrainian officials say the regiment that doggedly defended a steel mill as Ukraine’s last stronghold in the port city of Mariupol has completed its mission. The declaration came Monday after more than 260 fighters, including some badly wounded, were evacuated and taken to areas under Russia…
Duke Energy Corp.’s electricity-generating subsidiaries for North Carolina have offered regulators several energy mixes to comply with a state law demanding significant greenhouse gas reductions by the end of the decade. Monday's filings with the North Carolina Utilities Commission come mont…
The head of the world’s largest humanitarian network has some harsh words about Europe’s speedy acceptance of millions of Ukrainians fleeing Russia’s aggression. Francesco Rocca says Europe’s actions demonstrate its “double standard” in dealing with people fleeing violence in Africa, the Mid…
President Joe Biden's administration has announced new steps to ease the national shortage of baby formula, including allowing more imports from overseas. Officials also reached an agreement to restart a shuttered baby formula factory from Abbott, the largest in the U.S.. Neither step will h…
Tesla CEO Elon Musk has given the strongest hint yet that he would like to pay less for Twitter than his $44 billion offer made last month. Musk told a Miami technology conference that a viable deal at a lower price would not be out of the question. That's according to a Bloomberg News repor…
A ransomware gang that infiltrated some Costa Rican government computer systems has upped its threat. It now says its goal is to overthrow the government. The Russian-speaking Conti gang attacked Costa Rica in April, accessing multiple critical systems in the Finance Ministry including custo…
A ransomware gang that infiltrated some Costa Rican government computer systems has upped its threat. It now says its goal is to overthrow the government. The Russian-speaking Conti gang attacked Costa Rica in April, accessing multiple critical systems in the Finance Ministry including custo…
During a week in mid-May, broadcast television networks traditionally unveil their fall plans in flashy presentations before advertisers in New York. Fox is no different, but this year the network is trying something new by announcing some programs but not its schedule. NBC, which had its fi…
Starbucks says it will pay travel expenses for U.S. employees to access abortion or gender-confirmation procedures if those services aren't available within 100 miles of a worker’s home. The Seattle coffee chain says the benefit will also be available to dependents of employees enrolled in i…
About 1 in 8 Gen Xers and baby boomers say they’ve postponed or considered postponing retirement due to inflation, according to a March 2022 survey by the Nationwide Retirement Institute.…
Rushing into a Social Security claim without all the facts could have serious financial consequences.
Employees are seeking to unionize at a Trader Joe’s grocery store in western Massachusetts. They join a nationwide surge of labor organizing among retail and food service workers. Organizers at the store in Hadley sent an open letter to company CEO dated Saturday. They cite concerns about pa…
Sweden will follow neighboring Finland and apply for NATO membership because of Russia's invasion of Ukraine. The move ends more than 200 years of military nonalignment in the Nordic nation. Swedish Prime Minister Magdalena Andersson made the announcement on Monday, calling it “a historic ch…
Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing a tweet by President Joe Biden about corporate taxes as “disinformation” and “misdirection.” The White House quickly retorted Monday that Bezos “opposes an economic agenda for the …
New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $422 million from gamblers in April, up 20% from a year earlier. And the casinos’ core business, revenue won from in-person gamblers, surpassed the level of April 2019, …
Bank of England Gov. Andrew Bailey has rejected criticism that the institution didn’t move quickly enough to quash inflationary pressures. He told a parliamentary committee on Monday that monetary policymakers weren’t able to predict wars. Bailey has come under sharp criticism in recent mont…
McDonald’s says it's started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people. The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consisten…
It’s often said that fans at live concerts give the band a jolt of electricity. Coldplay wants to literally harness it. The pop superstars have added kinetic dance floors and energy-storing stationary bikes to their latest world tour, encouraging fans to help power the show as they dance or …
Upcoming data shows traffic deaths soaring in the U.S. The Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis. Transportation Secretary Pete Buttigieg on Monday announced the availability of money over five years under his depart…
Prime Minister Boris Johnson has renewed British threats to break a Brexit agreement with the European Union. Johnson is blaming the bloc for a political crisis that’s blocking the formation of a new government in Northern Ireland. The Democratic Unionist Party says it will boycott the Belfa…
A manager at an Arby’s fast food restaurant in Washington state has been accused of urinating into a milkshake mix that might then have been served to dozens of people. The Columbian newspaper reports police in Vancouver uncovered footage of the 29-year-old man peeing into a bag of milkshake…
A Los Angeles judge has ruled that California’s landmark law requiring women on corporate boards is unconstitutional. The conservative legal group Judicial Watch sued over the law, saying it was illegal to use taxpayer funds to enforce a statute that violates the California Constitution by m…
The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel. Former President Barack Obama announced the new program called the Voyager Scholars…
U.S. Treasury Secretary Janet Yellen has met with Ukrainian refugees and urged the need to confront Russian brutality as she visited Poland ahead of a meeting of finance ministers for the Group of Seven leading economies. Yellen on Monday applauded Poland for helping refugees fleeing the fig…
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