MOSCOW (AP) — A Moscow court banned Facebook and Instagram on Monday for what it deemed extremist activity in a case against their parent company, Meta. The Tverskoy District Court fulfilled a request from prosecutors to outlaw Meta Platforms Inc. and banned Facebook and Instagram for what they called “extremist activities.” Russian prosecutors have accused…
WASHINGTON (AP) — Companies would be required to disclose the greenhouse gas emissions they produce and how climate risk affects their business under new rules proposed Monday by the Securities and Exchange Commission as part of a drive across the government to address climate change. Under the proposals adopted on a 3-1 SEC vote, public…
WASHINGTON (AP) — Chair Jerome Powell said Monday that the Federal Reserve would raise its benchmark short-term interest rate faster than expected, and high enough to restrain growth and hiring, if it decides this would be necessary to slow rampaging inflation. Powell’s message was more hawkish than his comments were after last week’s Fed meeting,…
LONDON (AP) — Nazanin Zaghari-Ratcliffe said Monday that memories of her daughter helped sustain her through almost six years of captivity in Iran as she appealed for the release of fellow hostage Morad Tahbaz, who was left out of the deal that brought her home. Zaghari-Ratcliffe, who was released last week after the U.K. settled…
SAN FRANCISCO (AP) — More than 500 workers at a Chevron Corp. refinery in the San Francisco Bay Area went on strike early Monday over safety concerns and to demand a salary increase to keep up with inflation and the area’s high cost of living. The strike affecting the refinery in the city of Richmond…
SILVER SPRING, Md. (AP) — Nielsen shares tumbled 16% at the opening bell Monday after the TV ratings and marketing data company rejected a $9 billion takeover bid from a group of private equity firms. Nielsen said that the offer of $25.40 per share “significantly undervalues” the New York City company. It said late Sunday…
BERLIN (AP) — A union has called on security staff at eight German airports, including Frankfurt, to walk off their jobs all day Tuesday in a pay dispute. Monday’s call by the ver.di union sets the stage for another round of disruption after walkouts at several airports last week. Ver.di called private security staff out…
Russia’s central bank cautiously reopened bond trading on the Moscow exchange Monday for the first time since the country invaded Ukraine, with the price of Russia’s ruble-denominated government debt falling and sending borrowing costs higher. Stock trading remained closed, with no word on when it might reopen. The central bank bought bonds to support prices….
COLOMBO, Sri Lanka (AP) — China’s ambassador to Sri Lanka said Monday it is considering a request for $2.5 billion in assistance to help the island nation through a debt and foreign currency crisis. Qi Zhenhong told reporters that Beijing is studying the Sri Lankan government’s appeal for a $1 billion loan and $1.5 billion…
Warren Buffett, who started the year bemoaning the lack of potential acquisitions for his conglomerate, Berkshire Hathaway, announced Monday that it would acquire the insurance company Alleghany for $11.6 billion. The scarcity of investment targets last year turned into a cash pile of more than $144 billion at Berkshire Hathaway by the end of 2021,…
