NEW YORK (AP) — Growth keeps slowing for Robinhood Markets, the upstart company that upended the brokerage industry, and its stock keeps falling. The company whose easy-to-use trading app helped bring a new generation of investors to the market said Thursday that its revenue rose 14% in the fourth quarter from a year ago, less…
PARIS (AP) — The name Kim Jones dominated Paris fashion for a second week running as the indefatigable Briton who designs for Dior Men’s returned to the runway for his latest couture collection for Fendi. Following in the steps of the late Karl Lagerfeld at the Roman house’s creative helm is no easy task —…
LONDON (AP) — Most coronavirus restrictions, including mandatory face masks, were lifted in England on Thursday after Britain’s government said its vaccine booster rollout successfully reduced serious illness and COVID-19 hospitalizations. From Thursday, face coverings are no longer required by law anywhere in England, and a legal requirement for COVID-19 passes for entry into nightclubs…
WASHINGTON (AP) — Marlboro-maker Altria said Thursday that its heat-not-burn cigarette, iQOS, probably won’t be back in U.S. stores for at least a year, while sales of its traditional cigarettes continued to slide. The Richmond, Virginia-based company updated investors on iQOS after being forced to pull it from the U.S. market late last year due…
ROME (AP) — Lawmakers and regional representatives failed for a fourth day Thursday to find consensus on a new Italian president, even after the threshold for victory passed to a simple majority for the first time. The center-right abstained outright in the voting, a tactic to maintain the bloc’s unity that drew swift rebukes from…
TOKYO (AP) — Mitsubishi Heavy Industries and the Japan Atomic Energy Agency have signed an agreement to participate in a next-generation nuclear energy project with TerraPower, a company started by Bill Gates. The memorandum of understanding signed Wednesday calls for cooperation in developing advanced nuclear technologies, Mitsubishi Heavy said. Located in Kemmerer, in western Wyoming’s…
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week following three straight increases amid a surge in cases of the omicron variant of COVID-19. Jobless claims fell by 30,000 to 260,000 last week, the Labor Department reported Thursday, fewer than the 265,000 analysts were expecting. The four-week average of claims, which compensates for…
WASHINGTON (AP) — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus recession. The nation’s gross domestic product — its total output of goods and services — expanded 5.7% in 2021. It was the strongest calendar-year growth since a 7.2%…
NAIROBI, Kenya (AP) — Nearly 1,500 people died of malnutrition in just part of Ethiopia’s blockaded Tigray region over a four-month period last year, including more than 350 young children, a new report by the region’s health bureau says. It cites more than 5,000 blockade-related deaths in all from hunger and disease in the largest…
DALLAS (AP) — Southwest Airlines posted a narrow $68 million profit for the fourth quarter, aided by full flights during the holidays, but the airline warned Thursday that it expects to lose money in the first three months of 2022. The rise of the omicron variant of COVID-19 and continuing weak business travel will cut…
