BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Federal Reserve policymakers indicated they are leaning toward more decisive action on inflation but set no firm targets. Shanghai, Hong Kong and Sydney advanced while Tokyo declined. Oil prices, which have been volatile due to anxiety over a potential Russian invasion of Ukraine,…
SACRAMENTO, Calif. (AP) — Two California Democratic lawmakers took separate aim Tuesday at pandemic disinformation they argue receives a broad audience and misplaced credibility through social media platforms — rejecting concerns that their legislation might carry free speech or business privacy considerations. Sen. Richard Pan’s proposal, which still is being finalized, would require online platforms…
Airbnb reported a $55 million profit for the fourth quarter, reversing a huge loss a year earlier, as its revenue soared above pre-pandemic levels. The San Francisco-based short-term-stay company said bookings surged in small and towns and rural areas, and improved even in urban areas, which were hit hardest earlier in the pandemic. Airbnb hosts…
Hope Nankunda is fighting to keep young Ugandan girls in school and away from marriages until after they turn 18. It’s a calling that began for Nankunda as a teacher, when she found herself spending more time counseling her students than engaging in classroom instruction. “They share about the challenges in their communities, in their…
Federal safety regulators say they will retain power to approve Boeing 787 airliners for flight rather than return that authority to the aircraft maker, which hasn’t been able to deliver any new Dreamliner planes since last May because of production flaws. The Federal Aviation Administration said it told Boeing of its decision Tuesday. The FAA…
MILAN (AP) — Dolce&Gabbana has become the first Italian fashion house to bring its beauty division in-house, a move that the CEO said Tuesday would strengthen the link between beauty and fashion and help build inroads with younger consumers. CEO Alfonso Dolce said developing products with a new team at the Milan headquarters will allow…
Facebook parent Meta Platforms Inc. has settled a decade-old class action lawsuit over the company’s use of “cookies” in 2010 and 2011 that tracked people online even after they logged off the Facebook platform. As part of the proposed settlement, which must still be approved by a judge, Meta has agreed to delete all the…
WASHINGTON (AP) — Republican members of the Senate Banking Committee boycotted a vote Tuesday on President Joe Biden’s five nominees to the Federal Reserve, delaying indefinitely the confirmation of Chair Jerome Powell to a second four-year term. Democrats control the committee, but because no Republican attended the session, votes couldn’t take place under the panel’s…
KYIV, Ukraine (AP) — A series of cyberattacks on Tuesday knocked the websites of the Ukrainian army, the defense ministry and major banks offline, Ukrainian authorities said, as tensions persisted over the threat of a possible Russian invasion. Still, there was no indication the relatively low-level, distributed-denial-of-service attacks might be a smokescreen for more serious…
DETROIT (AP) — Tesla CEO Elon Musk donated about 5 million shares of company stock worth roughly $5.7 billion to an unidentified charity in November, according to a regulatory filing. The shares were donated from Nov. 19 to Nov. 29, the filing with the U.S. Securities and Exchange Commission said. In late October, Musk, the…
