BERLIN (AP) — German energy company RWE said Tuesday that it will phase out the burning of coal by 2030, saving 280 million metric tons of climate-changing greenhouse gas emissions. The decision will accelerate the closure of some of Europe’s most polluting power plants and a vast lignite strip mine in western Germany. It will…
Airlines will be required to give flight attendants at least 10 hours off duty between shifts, one more hour than currently, under a rule announced Tuesday by the Federal Aviation Administration. Acting FAA Administrator Billy Nolen said that the extra hour of rest would contribute to safety. The rule goes into effect in 30 days,…
NEW YORK (AP) — Micron, one of the world’s largest microchip manufacturers, announced Tuesday it would open a semiconductor plant in upstate New York, promising a long-term investment of up to $100 billion and a plant that could bring 50,000 jobs to the state. The company was lured to the Syracuse area with help from…
WASHINGTON (AP) — The number of available jobs in the U.S. plummeted in August compared with July as businesses grow less desperate for workers, a trend that could cool chronically high inflation. That is good news for the Federal Reserve in its efforts to bring down high prices without plunging the economy into a recession….
WASHINGTON(Reuters) – U.S. job openings fell by the most in nearly 2-1/2 years in August, though staying at high levels as demand for labor remains fairly strong, which could keep the Federal Reserve on its aggressive monetary policy tightening path. Job openings, a measure of labor demand, dropped 1.1 million to 10.1 million on the…
Sheryl Sandberg opened her next chapter as a full-time philanthropist Tuesday with a donation to the American Civil Liberties Union to fight state abortion bans across the country. Sandberg, who officially left her position as Facebook’s parent company Meta’s chief operating officer last week after 14 years, donated $3 million to the ACLU Ruth Bader…
Elon Musk has gotten into a Twitter tussle with Ukrainian President Volodymyr Zelenskyy after the tech billionaire floated a divisive proposal to end Russia’s invasion. The Tesla CEO, soon facing a court fight over his attempt to abandon a $44 billion offer to buy Twitter, argued in a tweet Monday that to reach peace Russia…
BOGOTA (Reuters) – Further increases to Colombia’s benchmark interest rate may be necessary in the coming months as the central bank tries to bring inflation in line with its 3% target, according to minutes from the bank’s meeting last week. Colombia’s central bank board raised its benchmark interest rate by 100 basis points to 10%…
By Lisa Pauline Mattackal and Medha Singh (Reuters) – A new NFT trading craze where names are bought and sold for eye-popping sums is providing a multi-million-dollar lifeline for speculators shivering in the bleak crypto winter. “Domain” names such as coin.crypto (which has sold for $100,000) and beer.eth (which fetched $39,000) are a new breed…
A Russian court on Tuesday fined TikTok for failing to delete LGBT material, the country’s latest crackdown on Big Tech companies. The Tagansky District Court in Moscow issued the 3 million ruble ($50,000) penalty to the short-video sharing platform following a complaint by Russian regulators. TikTok, which is owned by China’s ByteDance Ltd., didn’t immediately…
