BANGKOK (AP) — Asian shares were mostly higher Thursday after an advance on Wall Street that ended a three-day losing streak. Tokyo, Hong Kong and Shanghai advanced while Seoul edged lower. Oil prices fell back and U.S. futures climbed. Investors appeared to brush aside fresh evidence that inflation remains widespread in the U.S. economy in…
BEIJING (AP) — China’s exports rose 15.7% over a year ago in March while imports were flat amid disruptions due to coronavirus outbreaks as the ruling Communist Party enforces a “zero-COVID” strategy to isolate every case. Exports rose to $276.1 billion despite anti-virus controls in Shanghai and other industrial hubs that are causing factories to…
DALLAS (AP) — Union officials say pilots of Southwest Airlines pilots are suffering through an epidemic of fatigue due to poor scheduling practices by the airline, and that it is raising safety concerns. Union leaders said in an open letter Tuesday to Southwest CEO Robert Jordan and other executives that problems started last summer when…
OMAHA, Neb. (AP) — Some grain elevators are so full that farmers trying to sell their crops are being turned away. But at the same time, flour and animal-feed mills are halting production because they can’t get the grain they need. The issue? The lack of trains to move the grain. Federal regulators are holding…
MOMBASA, Kenya (AP) — Climate activists are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oilfields in Uganda to the Tanzanian coastal city of Tanga. Influential climate activists Vanessa Nakate and Hilda Nakabuye have lent their support…
SAN FRANCISCO (AP) — Yelp will cover the travel expenses of employees who must travel out of state for abortions, joining the ranks of major employers trying to help workers affected by new restrictions in Texas and other states. The benefit announced Tuesday covers all 4,000 employees at the online review service, but seems most…
SAN DIEGO (AP) — A California appeals court has upheld a lower court ruling that Johnson & Johnson must pay penalties to the state for deceptively marketing pelvic mesh implants for women, but reduced the amount by $42 million to $302 million. Johnson & Johnson had appealed in 2020 after Superior Court Judge Eddie Sturgeon…
WASHINGTON (AP) — Another month, another four-decade high for inflation. For the 12 months that ended in March, consumer prices rocketed 8.5%. That was the fastest year-over-year jump since 1981, far surpassing February’s mark of 7.9%, itself a 40-year high. Even if you toss out food and energy prices — which are notoriously volatile and…
NEW YORK (AP) — The Consumer Financial Protection Bureau is suingTransUnion and one of its long-time executives alleging that the credit company completely “disregarded” a previous order from five years ago to stop selling dubious credit-related products and marketing. TransUnion entered into an agreement with the CFPB in 2017, agreeing to pay $13.9 million in…
Boeing has removed 141 airplanes from its backlog of pending orders, many of them because of what it termed geopolitical considerations including restrictions on sales because of sanctions like those imposed on Russia for its war against Ukraine. That means that Boeing now questions whether those sales will ever be completed because of sanctions. Boeing…
