LONDON (AP) — Prime Minister Boris Johnson has decided to show Britain’s solidarity with Ukraine by saying it with flowers on Tuesday. The outgoing U.K. leader created an arch of sunflowers — Ukraine’s national flower — outside his Downing Street office to commemorate the eastern European nation’s independence day on Wednesday. The gesture also comes…
NEW YORK (AP) — Unlike its cars, Tesla shares are about to get less expensive. Tesla is splitting its stock 3 for 1, so after the close of trading Tuesday, investors will receive two additional Tesla shares for every one they owned as of Aug. 17. In theory, that should drop Tesla’s share price by…
ANCONA, Italy (AP) — Leading her first election campaign rally, Italian far-right leader Giorgia Meloni on Tuesday slammed the European Union energy’s strategy, saying families and businesses are being “brought to their knees” by soaring prices. Meloni, who has been buoyed for weeks by opinion polls showing her leading in her quest to become Italy’s…
NEW YORK (AP) — And back down goes Wall Street. After getting mauled most of the year, prices for all kinds of investments steadied in the summer and were heading back up. The recovery was so strong that some investors wondered if Wall Street’s “bear market” was coming to an end. Now, such questions are…
THE HAGUE, Netherlands (AP) — Dutch Prime Minister Mark Rutte said Tuesday that members of his Cabinet have enough confidence in each other to keep working together as lawmakers broke into their summer vacations to debate the government’s contentious plans to slash nitrogen emissions that have sparked angry protests by farmers. The debate was called…
Twitter’s former head of security alleged that the company misled regulators about its poor cybersecurity defenses and its negligence in attempting to root out fake accounts that spread disinformation, according to a whistleblower complaint filed with U.S. officials. The revelation could create serious legal and financial problems for the social media platform, which is currently…
The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency. It’s a psychological barrier in the markets. But psychology is important, and the euro’s slide underlines the foreboding in the 19 European countries using the currency as they…
BEIJING (AP) — One of the world’s few rare earths processors outside China has bought exploration rights to mine in Greenland, opening an avenue for diversifying supplies of the minerals critical for advanced and green technologies. Rare earths are a group of minerals used in the manufacture of electric vehicles, wind turbines, electronics, robots and…
BERLIN (AP) — Germany’s natural gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine. Gas storage in Europe’s biggest economy has reached 80.14% of capacity, according to industry figures released Tuesday. The head of Germany’s network regulator, Klaus Mueller,…
NEW YORK (AP) — Nordstrom joined Macy’s Tuesday in cutting its annual outlook for profit and sales despite second-quarter results that topped Wall Street forecasts. Both retailers are suffering from an affliction plaguing most of their competitors: A glut of unsold inventory that they’re resorting to pricing at deep discounts to move. They are also…
