Twitter will no longer enforce its policy against COVID-19 misinformation, raising concerns among public health experts and social media researchers that the change could have serious consequences if it discourages vaccination and other efforts to combat the still-spreading virus. Eagle-eyed users spotted the change Monday night, noting that a one-sentence update had been made to…
U.S. senators from both parties expressed skepticism Tuesday that a proposed merger between grocery giants Kroger and Albertsons would result in lower prices for consumers. “Fewer local options mean less competition to keep prices low,” said Sen. Alex Padilla, a California Democrat, in a hearing before the antitrust subcommittee of the Senate Judiciary Committee. Padilla…
OMAHA, Neb. (AP) — Railroad unions on Tuesday decried President Joe Biden’s call for Congress to intervene in their contract dispute, saying it undercuts their efforts to address workers’ quality of life concerns, but businesses stressed that it is crucial to avoid a strike next week that would devastate the economy. Biden and House Speaker…
DETROIT (AP) — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collected by S&P Global Mobility show that Tesla still controlled about 65% of the growing electric vehicle market during the first nine months of…
By Laila Kearney (Reuters) – Oil prices rose in early Asian trade on Wednesday as U.S. crude inventories were seen falling, but concerns that OPEC+ would leave output policy unchanged at its upcoming meeting limited gains. Brent crude futures were up 65 cents or 0.8% at $83.68 per barrel by 0132 GMT, while U.S. West…
By Diane Bartz WASHINGTON (Reuters) – Top executives at Kroger Co and Albertsons Companies Inc are expected to face tough questions on Tuesday from lawmakers who worry the grocers’ planned $25 billion merger will push up food prices at a time when inflation is a concern. Kroger Chief Executive Rodney McMullen and Albertsons’ chief, Vivek…
U.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates, and layoffs in the tech sector. The Conference Board reported Tuesday that its consumer confidence index fell to 100.2 this month, down from 102.2 in October. November’s figure is the lowest since July, and likely reflected an…
BERLIN (AP) — German inflation slipped back slightly to 10% in November, official figures showed Tuesday, but galloping prices remain a major headache for Europe’s biggest economy. The annual inflation rate was off its peak of 10.4%, reached in October, as the increase in energy prices over a year ago slowed to 38.4% from 43%…
(Reuters) – Canadian regulators will review the sale of HSBC’s business in Canada to Royal Bank of Canada for C$13.5 billion ($10 billion) in cash, the Canadian government’s finance department said on Tuesday. “The Office of the Superintendent of Financial Institutions (OSFI) will administer the application process and provide a recommendation to the Minister of…
By Sam Tobin LONDON (Reuters) – Mastercard lost an appeal in a London court on Tuesday against a ruling in a 10 billion pound-plus ($12 billion-plus) collective action that allows the claims of around three million people who have died since the lawsuit began to continue. The global payments processor is facing a lawsuit brought…
