EU takes major step toward Russian oil ban, new sanctions
BRUSSELS (AP) — The European Union’s top official on Wednesday called on the 27-nation bloc to ban oil imports from…
AP
Asian stocks rise after Fed chair downplays bigger rate hike
BEIJING (AP) — Asian stock markets followed Wall Street higher on Thursday after the Federal Reserve chairman downplayed the likelihood…
India’s state insurance company to list in biggest IPO
NEW DELHI (AP) — A much-awaited initial public offering for India’s state-run Life Insurance Corp. began this week with retail…
Airbnb posts much smaller Q1 loss, revenue doubles from 2021
Airbnb sharply narrowed its first-quarter loss to $19 million, as the rebound in travel after two years of pandemic caused…
Washington reaches $518M settlement with opioid distributors
SEATTLE (AP) — Months into a complex trial over their role in flooding Washington with highly addictive painkillers, the nation’s…
Starbucks reports record Q2 sales, enhances worker benefits
Starbucks’ sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor…
US to hold back Lake Powell water to protect hydropower
SALT LAKE CITY (AP) — U.S. officials announced what they called extraordinary steps on Tuesday to keep hundreds of billions…
UN: Obesity levels in Europe at ‘epidemic proportions’
LONDON (AP) — The World Health Organization says the rates of people who are obese and overweight in Europe have…
Nonprofits likely under fire as Senate explores ‘dark money’
A Senate hearing on Wednesday is likely to produce fireworks as Republicans and Democrats square off over the role that…
EXPLAINER: What’s the latest in Russia’s dance with default?
Russia appeared to dodge default on its foreign debt by dipping into its scarce dollar reserves. But Moscow’s debt drama…