Business

Associated Press

Here are the countries that have bans on TikTok

HONG KONG (AP) — The U.S. and Canada issued orders this week banning the use of TikTok on government-issued mobile devices as privacy and cybersecurity concerns about the video-sharing app grow. TikTok, which is owned by the Chinese company Bytedance, has long maintained that it does not share data with the Chinese government and that […]
1 year ago
Associated Press

China says EU TikTok ban will harm business confidence

BEIJING (AP) — China says a ban on the use of TikTok by official European Union institutions will harm business confidence in Europe. In the latest salvo in the battle over the Chinese-owned video sharing app, the European Parliament, the European Commission and the EU Council have banned TikTok from being installed on official devices […]
1 year ago
Swedish activist Greta Thunberg is carried away during a protest outside the Norwegian Ministry of ...
Associated Press

Protests force Norway’s energy minister to cancel UK trip

COPENHAGEN, Denmark (AP) — Norway’s energy minister on Wednesday canceled a trip to the U.K. because of a protest against a wind farm that campaigners say hinders the rights of the Sami Indigenous people to raise reindeer in Arctic Norway. The activists, mainly teenagers, have been blocking the entrance to several ministries in the Norwegian […]
1 year ago
FILE - A view of the scene Friday, Feb. 24, 2023, as the cleanup continues at the site of a Norfolk...
Associated Press

Ohio senators introduce rail safety bill after fiery crash

COLUMBUS, Ohio (AP) — Railroads like the one involved in last month’s fiery crash and toxic chemical release in Ohio would be subject to a series of new federal safety regulations and financial consequences under bipartisan legislation introduced Wednesday by the state’s two U.S. senators. The Railway Safety Act of 2023, co-sponsored by U.S. Sens. […]
1 year ago
FILE - Slovak Air Force MiG-29 goes through a water gate during an airshow in Malacky, Slovakia, Sa...
Associated Press

Slovakia basks under NATO umbrella, sends Ukraine old arms

LEST, Slovakia (AP) — Former Soviet satellite Slovakia has been a NATO member since 2004, but the reality of belonging to the world’s biggest military alliance really kicked in after Russia’s invasion of Ukraine a year ago. The small central European country now hosts thousands of NATO troops while allied aircraft patrol its skies, allowing […]
1 year ago
A Starbucks sign advertises the company's Oleato coffee in one of their coffee shops in Milan, Ital...
Associated Press

Olive oil in coffee? New Starbucks line a curiosity in Italy

MILAN (AP) — Putting olive oil in coffee is hardly a tradition in Italy, but that didn’t stop Starbucks interim CEO Howard Schultz from launching a series of beverages that do just that in Milan, the city that inspired his coffee house empire. The coffee-olive oil concoction — echoing a keto-inspired trend of adding butter […]
1 year ago
A pedestrian passes by the Hong Kong Stock Exchange electronic screen in Hong Kong, on Wednesday, M...
Associated Press

Stocks slip as Wall Street braces for higher interest rates

NEW YORK (AP) — Stocks are slipping Wednesday as Wall Street braces for interest rates to stay higher for longer with inflation remaining stubbornly sticky. The S&P 500 was 0.2% lower in its first trading after coming off a frigid February. The Dow Jones Industrial Average rose 61 points, or 0.2%, at 32,723, as of […]
1 year ago
FILE - Martin Buser drives his team off of the Takotna River and into the Takotna, Alaska, checkpoi...
Associated Press

‘A little scary’: Iditarod begins with smallest field ever

ANCHORAGE, Alaska (AP) — The second half-century for the world’s most famous sled dog race is getting off to a rough start. Only 33 mushers will participate in the ceremonial start of the Iditarod Trail Sled Dog Race on Saturday, the smallest field ever to take their dog teams nearly 1,000 miles (1,609 kilometers) over […]
1 year ago
A pedestrian passes by the Hong Kong Stock Exchange electronic screen in Hong Kong, on Wednesday, M...
Associated Press

Asian shares, oil advance on strong China factory data

TOKYO (AP) — Asian shares were higher Wednesday after reports on key measures of China manufacturing showed a strong recovery after anti-virus controls were lifted late last year. Hong Kong’s Hang Seng index jumped 3.3% and Shanghai gained 0.9%. Purchasing managers’ indexes issued by a business magazine, Caixin, and the official China Federation of Logistics […]
1 year ago
Student debt relief advocates gather outside the Supreme Court on Capitol Hill in Washington, Tuesd...
Associated Press

As court debates student loans, borrowers see disconnect

WASHINGTON (AP) — Niara Thompson couldn’t shake her frustration as the Supreme Court debated President Joe Biden’s student debt cancellation. As she listened from the audience Tuesday, it all felt academic. There was a long discussion on the nuances of certain words. Justices asked lawyers to explore hypothetical scenarios. For Thompson, none of it is […]
1 year ago
Associated Press

China’s manufacturing accelerates as economy revives

BEIJING (AP) — China’s factory activity accelerated in February as the economy revived following the end of anti-virus controls that kept millions of people at home and disrupted travel and trade, two surveys showed Wednesday. Purchasing managers’ indexes issued by a business magazine, Caixin, and the official China Federation of Logistics & Purchasing rebounded to […]
1 year ago
Associated Press

Water main break leaves many without service in NJ city

HOBOKEN, N.J. (AP) — A water main break that has left most residents of a small New Jersey city across the Hudson River from Manhattan with no water service or low water pressure will likely not be repaired until at least Wednesday. The problems in Hoboken began around noon Monday when a construction crew accidentally […]
1 year ago
Associated Press

DOE grants $375M loan for lithium battery recycling plant

The effort to satisfy a vast demand for lithium for electric vehicle batteries moved one step forward with a $375 million loan from the Department of Energy to Li-Cycle, a battery recycling company, to build a lithium-ion battery recovery plant near Rochester, New York. Monday’s announcement is the third in the U.S. recently. Last Tuesday […]
1 year ago
Associated Press

Post office buys 9,250 electric vans, 14,000 charge stations

WASHINGTON (AP) — The U.S. Postal Service is buying 9,250 Ford Motor Co. electric vans and 14,000 charging stations as part of a move to switch its fleet to electric vehicles. The service also is buying another 9,250 internal combustion vans from Fiat Chrysler in North America, now part of Amsterdam-based Stellantis. The Fiat Chrysler […]
1 year ago
Worker Bayron Barrientos, of Providence, R.I., shovels snow off a path, Tuesday, Feb. 28, 2023, in ...
Associated Press

While California wearies of snowstorms, Northeast greets one

RUNNING SPRINGS, Calif. (AP) — Jennifer Cobb and her husband planned on staying four days in their vacation rental in Southern California’s San Bernardino Mountains. But that stretched into a week as they were trapped by a relentless series of storms that has piled snow so high they can barely see out the windows. When […]
1 year ago
People walk down the Supreme Court steps on Capitol Hill in Washington, Tuesday, Feb. 28, 2023, aft...
Associated Press

Supreme Court seems ready to reject student loan forgiveness

WASHINGTON (AP) — Conservative justices holding the Supreme Court’s majority seem ready to sink President Joe Biden’s plan to wipe away or reduce student loans held by millions of Americans. In arguments lasting more than three hours Tuesday, Chief Justice John Roberts led his conservative colleagues in questioning the administration’s authority to broadly cancel federal […]
1 year ago
Associated Press

FDA panel narrowly backs Pfizer RSV vaccine for older adults

WASHINGTON (AP) — Federal health advisers on Tuesday narrowly backed an experimental vaccine from Pfizer that could soon become the first shot to protect older adults against the respiratory illness known as RSV. The Food and Drug Administration panel voted 7-4 on two separate questions of whether Pfizer’s data showed the vaccine was safe and […]
1 year ago
Associated Press

Justice Jackson writes 1st Supreme Court majority opinion

WASHINGTON (AP) — Justice Ketanji Brown Jackson has written her first majority opinion for the Supreme Court. The opinion released Tuesday in a dispute between states over unclaimed money is one of roughly a half dozen she is expected to write by the time the court finishes its work for the summer, usually in late […]
1 year ago
Associated Press

FBI says man had guns, ammo, fake marshal ID in baggage

A man who federal agents say tried to board a plane in New Jersey with three guns, including a semi-automatic rifle, and a fake law-enforcement ID is in federal custody and facing two charges. Seretse Clouden, who has a prior weapon-related conviction, is charged with possession of a firearm by a felon and having a […]
1 year ago
Associated Press

Elizabeth Holmes has 2nd child as she tries to avoid prison

SAN JOSE, Calif. (AP) — Disgraced Theranos CEO Elizabeth Holmes is citing her recently born child as another reason she should be allowed to delay the start of a more than 11-year prison sentence while her lawyers appeal her conviction for duping investors about the capabilities of her failed company’s blood-testing technology. The birth of […]
1 year ago
Associated Press

Target, Perrigo rise; Norwegian, Universal Health fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: AdaptHealth Corp., down $5.99 to $15.99. The home health care equipment company trimmed its revenue forecast for the year. Universal Health Services Inc., down $12.27 to $133.57. The hospital and health facility operator’s earnings forecast for the year fell short of […]
1 year ago
Associated Press

How major US stock indexes fared Tuesday 2/28/2023

Stocks drifted to a weak close on Wall Street, closing out a rocky February. The S&P 500 lost 0.3% Tuesday, and the Dow Jones Industrial Average and the Nasdaq composite also fell. Treasury yields were mixed. After a hot start to the year bolstered by hopes that inflation was on the way down, the stock […]
1 year ago
Associated Press

Stellantis idles Illinois plant, takes step toward closure

DETROIT (AP) — Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric vehicles. The factory, which now employs about 1,350 workers, officially was placed on “idle” by the company on Tuesday. That term means it intends to shut down the plant. […]
1 year ago
FILE - A view of the scene Friday, Feb. 24, 2023, as the cleanup continues at the site of a Norfolk...
Associated Press

Railroads urged to examine track detectors after Ohio crash

OMAHA, Neb. (AP) — Freight railroads should reexamine the way they use and maintain the detectors along the tracks that are supposed to spot overheating bearings, federal regulators urged Tuesday in the wake of a fiery Ohio derailment and other recent crashes. The safety advisory from the Federal Railroad Administration stopped short of telling the […]
1 year ago