Bed Bath & Beyond has named Chief Accounting Officer Laura Crossen as interim chief financial officer to replace Gustavo Arnal, whose death late last week adds to a cloud of financial uncertainty for the company and further complicates its plans for a turnaround. According to the New York City Police Department, police found the 52-year-old…
BERLIN (AP) — The German government plans to drop a requirement for people to wear masks on flights to and from the country, though the health minister said Tuesday that it could be reimposed if coronavirus cases rise sharply. The rules mandating masks on flights run through Sept. 23, and the smallest party in the…
FRANKFURT, Germany (AP) — Europe is facing an energy crisis that is squeezing ordinary people’s finances and in just a few weeks could mushroom into rolling blackouts and factory shutdowns. Already, many economists say a recession is on the way. The cause: Russia has choked off the supplies of cheap natural gas that the continent…
BERLIN (AP) — Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine, said a report published Tuesday. The Centre for Research on Energy…
BERLIN (AP) — Swiss retailer Migros said Tuesday that it is launching a coffeemaking system designed to replace capsules that produce thousands of tons of waste worldwide each year. The cooperative said its spherical capsules — described as “coffee balls” — are fully compostable, unlike the plastic and aluminum containers popularized by its rival Nestle…
BERLIN (AP) — Israel’s president addressed Germany’s parliament on Tuesday about atrocities committed during the Third Reich, while at the same time praising the close and friendly relations that have emerged between the two countries since the end of the Holocaust. Six million European Jews were murdered by Germany’s Nazis and their henchmen during World…
THE HAGUE, Netherlands (AP) — The Dutch agriculture minister has unexpectedly resigned, telling reporters he wasn’t the right person for the job following a tumultuous summer of protests by farmers over pollution regulations. Henk Staghouwer, who held the position for only nine months, announced his decision Monday night. He had just returned from Brussels, where…
DALLAS (AP) — With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into the fall. Air travel in the United States, bolstered by huge numbers of tourists, has nearly recovered to pre-pandemic levels — even topping 2019 numbers over the Labor Day weekend….
TOKYO (AP) — Asian shares were mostly lower Wednesday, as pessimism prevailed about higher interest rates ahead and Wall Street shares fell for the fourth straight week. Shares fell in early trading in Tokyo, Sydney, South Korea and Hong Kong, but were little changed in Shanghai. Oil prices fell, while the Japanese yen continued to…
BERLIN (AP) — A union representing pilots at Lufthansa on Tuesday called off a planned two-day strike after a last-minute agreement with Germany’s biggest airline in a pay dispute. The Vereinigung Cockpit union had announced plans for a walkout on Wednesday and Thursday, calling on the company to make a “serious” offer in talks over…
