BRUSSELS (AP) — European Union energy ministers failed yet again to overcome their deep differences Tuesday on a natural gas price cap that many hope would make utility bills cheaper so people can stay a little warmer during harsh winter days — if not this year, then later. The ministers emerged from their fifth emergency…
United Airlines said Tuesday that it ordered 100 new Boeing 787s, a large, twin-aisle jetliner, to replace planes that are nearing retirement age and allow United to expand its international flying. United also added to its order book for the smaller Boeing 737 Max, which is used on domestic flights. The companies did not disclose…
NEW YORK (AP) — The U.S. government charged Samuel Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he intentionally deceived customers and investors to enrich himself and others, while playing a central role in the company’s multibillion-dollar collapse. Federal prosecutors said Bankman-Fried devised “a…
DETROIT (AP) — Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they’re just as safe as they were before. That’s because the Insurance Institute for Highway Safety updated the test so it places more emphasis on keeping back-seat passengers safe. Only the Ford Escape and Volvo…
HONG KONG (AP) — Hong Kong’s leader said Tuesday he will push Google to display China’s national anthem as the top result in searches for the city’s anthem instead of a protest song. The comments by John Lee, Hong Kong’s chief executive, followed several big sporting events — including a rugby tournament in South Korea…
BANGKOK (AP) — Stocks rose Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month. The 7.1% consumer price index reading for November raised hopes Tuesday for easing pressure on the economy ahead of an interest rate policy update from the U.S….
WASHINGTON (AP) — Inflation in the United States slowed again last month in the latest sign that price increases are cooling despite the pressures they continue to inflict on American households. Consumer prices rose 7.1% in November from a year ago, the government said Tuesday. That was down sharply from 7.7% in October and a…
Elon Musk’s Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organizations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform. The council had been scheduled to meet with Twitter representatives Monday night….
NEW YORK (AP) — The former CEO of failed cryptocurrency firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas at the request of the U.S. government, U.S. and Bahamian authorities said Monday. The arrest was made Monday after the U.S. filed criminal charges that are expected to be unsealed Tuesday, according to U.S. Attorney…
DETROIT (AP) — Fuel economy for 2021 model year vehicles in the U.S. stayed flat with 2020 as people continued to buy less-efficient trucks and SUVs, according to an annual government report published Monday. The fleet of new vehicles got 25.4 miles per gallon (10.8 kilometers per liter) for the model year, while greenhouse gas…