World Bank says war shocks to drag on Asian economies
BANGKOK — Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies…
AP Wire
Zelenskyy at the UN accuses Russian military of war crimes
BUCHA, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy accused the Russians of gruesome atrocities in Ukraine and told the U.N. Security Council on Tuesday that…
McDonald’s workers reach settlement deal over harassment
Former McDonald’s workers who alleged rampant sexual harassment at their Michigan restaurant have reached a $1.5 million settlement agreement with the restaurant’s former owner. The…
JPMorgan’s Dimon warns of myriad issues for economy, bank
NEW YORK — Jamie Dimon laid out a laundry list of big risks looming for the global and U.S. economy in his letter to JPMorgan…
Starbucks halts stock buybacks as Schultz returns
Longtime Starbucks leader Howard Schultz — who returned to the company as interim CEO today — said his first major action will be suspending Starbucks’…
Small businesses in need of a loan find banks are stingy
NEW YORK — Small businesses have the pandemic and now high inflation to grapple with — and they’re finding it’s tough to get a loan…
Wall Street opens mixed, Twitter soars on news of Musk stake
Major U.S. stock indexes are off to a mixed start on Wall Street today while Twitter soared 22% after the company disclosed that Tesla CEO…
U.N. health agency says 99% of world’s population breathes poor-quality air
GENEVA — The U.N. health agency says nearly everybody in the world breathes air that doesn’t meet its standards for air quality, calling for more…
Hertz to buy up to 65,000 electric vehicles from Polestar
Car rental company Hertz is planning to buy up to 65,000 electric vehicles from Swedish premium electric car maker Polestar over the next five years…
Turkey’s inflation hits 61% climbing to new 20-year high
ISTANBUL — Yearly inflation in Turkey hit 61.14% today, climbing to a new 20-year high and deepening a cost of living crisis for many households….