NEW YORK (AP) — The New York Times has named Joseph Kahn as its new executive editor, replacing Dean Baquet with his current second-in-command to lead the news organization as it rapidly transforms itself in the digital age. Kahn, who has been managing editor at the Times since 2016, will take over on June 14….
Johnson & Johnson is suspending sales forecasts for its COVID-19 vaccine only a few months after saying the shot could bring in as much as $3.5 billion this year. A global supply surplus and uncertainty about future demand — fueled in part by vaccine hesitancy in some developing markets — prompted the change, J&J said…
WASHINGTON (AP) — The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia’s war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing uncertainty already heightened by the coronavirus and its variants. The 190-country lender cut its forecast for global…
NEW YORK (AP) — When Mahlet Berhanemeskel gets back to her New York City home from her 90-minute commute, she doesn’t feel like cooking. So instead she orders food like BLTs, Cheez-Its and cookies from an app called Gorillas. It’s affordable and takes 10 minutes. “It’s instant gratification,” she said. Gorillas is one of several…
NEW YORK (AP) — Meta Platforms Inc., the social media giant formerly known as Facebook, plans to celebrate Earth Day by expanding its offering of fundraising tools and making them more easily available to 1.5 million nonprofits on its Facebook and Instagram platforms, including those involved in fighting climate change. Starting Tuesday, Instagram users can…
LONDON (AP) — Prime Minister Boris Johnson is facing British lawmakers on Tuesday for the first time since he was fined by police for attending a birthday party in his office that broke coronavirus lockdown rules. As the House of Commons returns from an 11-day Easter break, Johnson is expected to apologize for what he…
BANGKOK (AP) — Stocks were mixed in Asia on Wednesday after a rally on Wall Street led by technology stocks. Share benchmarks rose in Tokyo, Hong Kong and Sydney but fell in Seoul and Shanghai. U.S. futures were lower and oil prices pushed higher. Japan reported its trade deficit persisted in March as imports surged…
CHARLESTON, W.Va. (AP) — West Virginia will receive $99 million in a settlement finalized Monday with Johnson & Johnson’s subsidiary Janssen Pharmaceuticals Inc. over the drugmaker’s role in perpetuating the opioid crisis in the state that has long led the nation in drug overdose deaths. State Attorney General Patrick Morrisey said during a news briefing…
WASHINGTON (AP) — Treasury Secretary Janet Yellen plans to meet with Ukrainian Prime Minister Denys Shmyhal during this week’s big meetings of global economic leaders in Washington — but she’ll be trying to avoid most contact with Russian officials who plan to attend some portions of the event virtually. The Russian invasion of Ukraine —…
BELGRADE, Serbia (AP) — Ukraine on Monday rejected as baseless and false the accusations made by Serbia’s president that Ukraine’s secret service is behind a series of hoax bomb threats against Air Serbia flights to Russia. Serbian President Aleksandar Vucic has claimed that the foreign intelligence services of Ukraine and an unidentified European Union nation…
