ST. PETERSBURG, Fla. (AP) — Florida utilities would gradually increase their electricity to 100% renewable by 2050 under a proposed rule unveiled Thursday by the state’s agriculture commissioner. The proposed rule is an outgrowth of a lengthy court battle involving dozens of young people who claim Florida is violating their constitutional rights by continuing to…
(Reuters) -Florida legislators passed a bill on Thursday that would revoke Walt Disney Co’s self-governing status in a move widely seen as tit-for-tat for the company’s opposition to a new state law limiting discussion of LGBTQ issues in schools. The bill now heads to the desk of Governor Ron DeSantis, who is all but guaranteed…
(Reuters) – Russia said on Thursday it plans to have a “digital” rouble capable of making international payments ready by next year and also wants to expand the number of countries that accept its Visa- and Mastercard-style banking cards that are administrated by the central bank. With Western sanctions cutting off Russia from large parts…
DALLAS (AP) — Airlines have banned several thousand passengers since the pandemic started for refusing to wear masks. Now they want most of those passengers back. American, United and Delta have all indicated that they will lift the bans they imposed now that masks are optional on flights. “We have talked to them individually,” United…
WASHINGTON (AP) — Charles Evans will retire early next year after 15 years as president of the Federal Reserve Bank of Chicago, a tenure that made him the longest-serving current regional Fed president, the bank announced Thursday. Among Fed officials, Evans has been a vocal supporter of lower interest rates. His departure comes as the…
(Reuters) -Russia’s central bank will consider cutting its key interest rate further at upcoming board meetings, Governor Elvira Nabiullina said on Thursday, flagging economic challenges the country faces as it tries to blunt the impact of Western sanctions over Ukraine. Nabiullina also said Russia is looking at adjustments to its foreign exchange controls to avoid…
By Nivedita Balu (Reuters) -Elon Musk on Thursday said he has lined up $46.5 billion in debt and equity financing to buy Twitter Inc and is considering taking his offer directly to shareholders, a filing with U.S. regulators showed. Musk himself has committed to put up $33.5 billion, which will include $21 billion of equity…
NEW YORK (AP) — CNN is shutting down its CNN+ streaming service less than a month after its launch, a spectacular flameout for a venture that had attracted stars like Chris Wallace and Alison Roman and was seen as a way to attract a new generation of news consumers. It had started March 29, shortly…
DALLAS (AP) — U.S. airlines say they have hit a turning point: After a lousy first quarter, they expect to be profitable as Americans return to travel in the biggest numbers since the start of the pandemic. American Airlines is the latest carrier to give a rosy outlook for the rest of 2022. American said…
LONDON (Reuters) -Exxon Mobil Corp is considering a complete withdrawal from Russia by June 24, two sources familiar with plans told Reuters on Thursday, following the U.S. oil major’s earlier decision to exit all operations in the country. Exxon Mobil has not provided a timetable for the withdrawal but last month removed employees who are…
