BANGKOK (AP) — Shares are mostly lower in Asia after Wall Street sagged under weakness in tech stocks. U.S. futures edged lower while oil prices rebounded. Japan revised upward its GDP data to show the economy contracted less than earlier reported in July-September, in a sign the country weathered its latest big COVID wave with…
NEW YORK (AP) — More than 1,000 New York Times journalists and other staff walked off the job for 24 hours Thursday, frustrated by contract negotiations that have dragged on for months in the newspaper’s biggest labor dispute in more than 40 years. Hundreds of reporters, editors, photographers and other employees picketed outside the newspaper’s…
BOSTON (AP) — As part of an ongoing privacy push, Apple said Wednesday it will now offer full end-to-encryption for nearly all the data its users store in its global cloud-based storage system. That will make it more difficult for hackers, spies and law enforcement agencies to access sensitive user information. The world’s most valuable…
DALLAS (AP) — Southwest Airlines said Wednesday that it is bringing back dividends for shareholders, which it suspended when the pandemic devastated the airline business in early 2020. Dallas-based Southwest said in a regulatory filing that it will pay a quarterly dividend of 18 cents per share on Jan. 31. The move comes as air…
ABUJA, Nigeria (AP) — Experts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy. The monetary policy, which applies to ATMs, banks and cash back from purchases, follows the launch of the West African nation’s newly…
LONDON (AP) — Britain’s Conservative government on Wednesday threatened “tough” action to curb strikes, as airport passport officers became the latest public sector workers to announce December walkouts. The Public and Commercial Services Union said its members at Gatwick, Heathrow, Manchester, Birmingham and Cardiff airports would strike for eight days between Dec. 23 and Dec….
WARSAW, Poland (AP) — The former head of Poland’s state broadcaster said Wednesday that he now has a job at the World Bank, spurring disbelief in the European Union country where he is known for turning the news channel into a propaganda tool for the right-wing government. Kurski, who has no finance experience, said on…
Back in January, 109 container ships waited off the California coast to unload cargo in Los Angeles and Long Beach, the nation’s two largest ports. Consumers, stuck at home amid the pandemic, had unleashed an avalanche of orders for goods that overwhelmed factories and ports. Importers were paying $20,000 to send a single container from…
Embattled vaping company Juul Labs has reached settlements covering thousands of lawsuits over its e-cigarettes, which in recent years became a scourge in schools and communities nationwide. Financial terms of the settlement were not disclosed, but Juul said that it has secured an equity investment to fund it. Buffeted by lawsuits, Juul announced hundreds of…
BRUSSELS (AP) — The European Union announced Wednesday that it has begun legal action at the World Trade Organization against China over what it says are import restrictions Beijing has imposed on Lithuania. The European Commission estimates that China cut trade from the EU member country by 80% this year after Lithuania broke with diplomatic…