The airline that carried monkeys part of the way to a U.S. research laboratory before they were involved in a highway crash in Pennsylvania says it will stop the shipments. Kenya Airways will not renew its contract with the shipper when it expires this month, airline CEO Allan Kilavuka said in an email to The…
Starbucks had a strong holiday season in the U.S., but those results were offset by higher labor and commodity costs and weaker sales in China. In response, Starbucks lowered its earnings outlook for the 2022 fiscal year, which ends in September. The company said it expects earnings per share to decline by 4% to 6%…
A year before the massacre at Pittsburgh’s Tree of Life synagogue, a security director from the city’s Jewish federation came to the house of worship to train its religious school staff and rabbi on how to respond to violent situations. At the time, Stephen Weiss thought it was unnecessary. But Weiss, then a teacher at…
WASHINGTON (AP) — How far the Federal Reserve can go to compel banks to consider the consequences of climate change in their lending policies could take center stage at a Senate hearing Thursday on the nominations of Sarah Bloom Raskin and two economists to the Fed’s influential Board of Governors. The Fed is already moving…
A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital. Silvergate and the Diem Association announced the sale on Tuesday. Meta, which owns Facebook, did not have a comment. A Faceboook spokesperson, however, pointed to tweets by Stephane Kasriel, head of Meta’s…
MEXICO CITY (AP) — Mexico’s central bank says remittances — the money migrants send home to their relatives — grew by 27.1% in 2021 to total about $51.6 billion for the year as a whole. That is a record amount, despite the coronavirus pandemic, and would surpass almost all other sources of Mexico’s foreign income,…
WASHINGTON (AP) — U.S. employers stepped up their search for workers in December despite the looming impact of the omicron wave of coronavirus infections. The number of posted jobs rose 1.4% to 10.9 million on the last day of December, compared with the previous month, the Labor Department said Tuesday. That is far higher than…
Exxon Mobil returned to a profit in its fourth quarter as demand for oil continues to improve. The oil and natural gas company earned $8.87 billion, or $2.08 per share for the final three months of 2021. A year earlier it lost $20.07 billion, or $4.70 per share. Removing certain items, earnings were $2.05 per…
BERLIN (AP) — German beer sales dropped another 2.2% last year, with the coronavirus pandemic again weighing on brewers after sales tumbled 5.5% in 2020, official figures showed Tuesday. Lockdowns that shut restaurants and bars for parts of the past two years have added to a long-term downward trend fueled by health concerns and other…
DETROIT (AP) — Tesla is recalling nearly 54,000 cars and SUVs because their “Full Self-Driving” software lets them roll through stop signs without coming to a complete halt. Recall documents posted Tuesday by U.S. safety regulators say that Tesla will disable the feature with an over-the-internet software update. The “rolling stop” feature allows vehicles to…
