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12 minutes ago

COVID-19 creates dire US shortage of teachers, school staff

Schools have welcomed students back to classrooms but face a new challenge: a shortage of teachers and staff the likes of which some districts say they have never seen
12 minutes ago
FILE - In this March 2, 2021, file photo, socially distanced and with protective partitions students work on an art project during class at the Sinaloa Middle School in Novato, Calif. Public schools have struggled for years with teacher shortages, particularly in math, science, special education and languages. But the pandemic has exacerbated the problem. The stresses of teaching in the COVID-era caused a spike in teacher retirements and resignations. Now that California schools have welcomed students back to in-person learning, they face a new challenge: A shortage of teachers and all other staff, the likes of which some districts say they've never seen. (AP Photo/Haven Daley, File)
13 minutes ago

Text of the Federal Reserve's statement after its meeting

Below is the statement the Fed released Wednesday after its policy meeting ended: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed their recovery. Inflation is elevated, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy continues to depend on the course of the virus. Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook...
13 minutes ago
17 minutes ago

Fed foresees a potential rate hike as soon as next year

The Federal Reserve signaled it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago and a sign that it’s concerned that high inflation pressures may persist
17 minutes ago
FILE - In this Wednesday, Sept. 26, 2018 file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington. The strengthening U.S. economy is edging closer to achieving the Federal Reserve's goals for job growth and inflation, Chair Jerome Powell said in a speech in which he offered few clues to a key question overhanging the economy: When will the Fed begin to withdraw its extraordinary economic support? (AP Photo/Susan Walsh, File)
1 hour ago

Stocks rise broadly on Wall Street ahead of Fed statement

Stocks rose broadly on Wall Street Wednesday, potentially setting up the S&P 500 to break a four-day losing streak
1 hour ago
A man stands in front of an electronic stock board of a securities firm in Tokyo, Wednesday, Sept. 22, 2021. Asian shares were mostly lower on Wednesday after major indexes ended mixed on Wall Street. (AP Photo/Koji Sasahara)
1 hour ago

Existing US home sales fell in August, price growth slows

Sales of previously occupied U.S. homes fell in August and the pace of price growth eased, the latest sign the housing market is cooling as intense competition leave many would-be buyers on the sidelines
1 hour ago
A sale sign stands outside a home on the market Tuesday, Sept. 21, 2021, in southeast Denver. The National Association of Realtors releases existing home sales for August on Wednesday, Sept. 22. (AP Photo/David Zalubowski)
1 hour ago

UK's Johnson concedes US trade deal not in the offing

British Prime Minister Boris Johnson has conceded that a post-Brexit trade deal with the U.S. is not imminent as he voiced confidence that the decades-long U.S. ban on the import of British lamb would be lifted
1 hour ago
President Joe Biden, right, speaks during a meeting with British Prime Minister Boris Johnson in the Oval Office of the White House, Tuesday, Sept. 21, 2021, in Washington. (AP Photo/Alex Brandon)
1 hour ago

Apple, Google raise new concerns by yanking Russian app

Apple’s and Google’s cooperation with the Russian government’s efforts to suppress an app opposed to the ruling regime is escalating concerns about whether Big Tech’s pursuit of ever-higher profits has trampled their commitment to protecting civil rights
1 hour ago
FILE - In this Friday, Sept. 17, 2021 file photo, The app Smart Voting is displayed on an iPhone screen in Moscow, Russia. Big Tech companies that operate around the globe have long promised both to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed Smart Voting, a political-opposition app from their local app stores, it raised worries that two of the world's most successful companies are more comfortable bowing to undemocratic edicts — and maintaining a steady flow of profits— than upholding their stated principles.(AP Photo/Alexander Zemlianichenko, File)
2 hours ago

France's envoy to return to US after Macron, Biden talks

France is to send its ambassador back to Washington next week after French President Emmanuel Macron’s phone call with President Joe Biden over a submarine dispute
2 hours ago
FILE - In this June 14, 2021 file photo, U.S. President Joe Biden, right, speaks with French President Emmanuel Macron during a plenary session during a NATO summit at NATO headquarters in Brussels. French President Emmanuel Macron expects "clarifications and clear commitments" from President Joe Biden in a call to be held later on Wednesday to address the submarines' dispute, Macron's office said. (Brendan Smialowski, Pool via AP, File)
2 hours ago

DraftKings makes $22.4 billion bid for UK's Entain

The British betting company Entain has confirmed a takeover bid worth about $22.4 billion (16.4 billion pounds) from DraftKings as online gambling companies seek inroads into physical betting sites and vice versa
2 hours ago
FILE - This Nov. 29, 2020 file photo shows a DraftKings kiosk at Gillette Stadium in Foxborough, Mass. British betting company Entain is confirming that it received a more than $20 billion takeover offer from American rival DraftKings. Entain’s stock surged nearly 6% on the London Stock Exchange on Wednesday, Sept. 22, 2021. (AP Photo/Charles Krupa, File)
3 hours ago

Loop hopes to go mainstream with reusable packaging

Reusable packaging is about to become more common at groceries and restaurants worldwide
3 hours ago
This photos provided by North America Public Relations shows Loop reusable packaging at French supermarket. Reusable packaging is about to become more common at groceries and restaurants worldwide. Loop, which collects and sanitizes reusable containers, said Wednesday, Sept. 22, 2021 it’s expanding after successful trials in France and Japan. Kroger and Walgreens in the U.S., and Tesco in the United Kingdom are among the groceries partnering with Loop. McDonald’s, Burger King and Tim Hortons have also signed on. (North America Public Relations via AP)
3 hours ago

German official slams online 'incitement' after mask killing

Germany’s health minister has partly blamed “incitement” against the government’s pandemic rules on social media for the killing of a gas station clerk by a man who refused to wear a face mask
3 hours ago
Media and a police car stand in front of a gas station in Idar-Oberstein, Germany, Tuesday, Sept. 21, 2021. Police in Germany say a 49-year-old man has been arrested on suspicion of murder in connection with the killing of the gas station worker who was shot dead Saturday at the station, following a dispute over face masks. (Thomas Frey/dpa via AP)
September 22

UK climate activists face prison for blocking highways

Environmental activists who have repeatedly blocked Britain’s busiest highway face possible imprisonment after a judge granted an injunction against the protesters
September 22
Police officers carry away a protester who had glued herself to a slip road at Junction 4 of the A1(M), near Hatfield, England, Monday Sept. 20, 2021. Environmental activists who have repeatedly blocked Britain’s busiest highway face possible imprisonment after a judge granted an injunction against the protesters, Britain’s transport secretary said Wednesday Sept. 22, 2021. (Steve Parsons/PA via AP)
September 22

European Central Bank climate report: Early action is better

The European Central Bank has carried out its first climate change stress test
September 22
Letters of melting ice reading "Zukunft" (future) was set up by Greenpeace activist in front of the European Central Bank in Frankfurt, Germany, Thursday, Sept. 9, 2021. The ECB will have its governing council meeting on Thursday. (AP Photo/Michael Probst)
September 22

UN health agency sets higher, tougher bar for air quality

The World Health Organization is setting a higher bar for policymakers and the public in its first update to its air quality guidelines in 15 years
September 22
FILE - In this Tuesday, Sept. 7, 2021 file photo, a man who scavenges recyclable materials for a living walks across a mountain of garage amidst smoke from burning trash at Dandora, the largest garbage dump in the capital Nairobi, Kenya. The World Health Organization said Wednesday Sept. 22, 2021, the negative health impacts of poor air quality kick in at lower levels than it previously thought, announcing revisions to its guidelines on air quality that set a higher bar for policymakers in a world where 90 percent of people already live in areas with one particularly harmful type of pollutant. (AP Photo/Brian Inganga, File)
September 22

Ford invests in electric vehicle battery recycling company

Ford Motor Co. is investing $50 million in an upstart electric vehicle battery recycling company as the automaker moves to bolster its U.S. battery supply chain
September 22
September 22

Kosovo calls on Serbia to lower tensions, start dialogue

The Kosovo-Serbia border has been blocked for a third straight day by ethnic Serbs protesting a decision by Kosovo authorities to start removing Serbian license plates from cars entering the country
September 22
Kosovo police officers patrol a road near the northern Kosovo border crossing of Jarinje, Tuesday, Sept. 21, 2021. Tensions soared Monday when Kosovo special police with armored vehicles were sent to the border to impose a rule on temporarily replacing Serb license plates from cars while they drive in Kosovo. (AP Photo/Visar Kryeziu)
September 22

Nigeria-born designer Joy Meribe opens Milan Fashion Week

Nigeria-born designer Joy Meribe opened Milan Fashion Week on Wednesday with her debut runway collection, a concrete success for a movement to promote diversity in Italian fashion just a year after launching
September 22
Designer Joy Meribe acknowledges the applause at the end of her Spring Summer 2022 collection, unveiled during the Milan Fashion Week, in Milan, Italy, Wednesday, Sept. 22, 2021. (AP Photo/Luca Bruno)
September 22

House OKs debt and funding plan, inviting clash with GOP

The House has approved legislation to fund the government, suspend its borrowing limit and provide federal disaster and refugee aid
September 22
House Appropriations Committee Chair Rosa DeLauro, D-Conn., left, joined by Rep. Kay Granger, R-Texas, the ranking member of Appropriations, appear before the House Rules Committee as they field questions about the politics of the federal debt, at the Capitol in Washington, Tuesday, Sept. 21, 2021. (AP Photo/J. Scott Applewhite)
September 22

Report: Turkish frigate confronts Greek vessel

Turkish broadcaster NTV says a Turkish warship issued a warning to a Greek research vessel to prevent it entering what Turkey considers its territorial waters
September 22
September 22

What to know about the property developer dragging down world markets

As a payment deadline looms, Beijing isn't expected to facilitate a "bailout."
September 22
A family walks by a map showing Evergrande development projects in China at an Evergrande city plaza in Beijing, Sept. 21, 2021. Global investors are watching nervously as the Evergrande Group, one of China's biggest real estate developers, struggles to avoid defaulting on tens of billions of dollars of debt.
September 22

Chinese builder in debt jam says it will make bond payment

A Chinese real estate developer that is struggling to avoid defaulting on billions of dollars of debt says it will make an interest payment due this week
September 22
People walk by a map showing Evergrande development projects in China at an Evergrande new housing development in Beijing, Wednesday, Sept. 22, 2021. The Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt has rattled global markets announced Wednesday it will make a closely watched interest payment due this week, while the government was silent on whether it might intervene. (AP Photo/Andy Wong)
September 22

Trump sues niece, NY Times over records behind '18 tax story

Former President Donald Trump on Tuesday sued his estranged niece and The New York Times over a bombshell 2018 story about his family’s wealth and tax practices that was based on confidential documents she provided to the newspaper’s reporters
September 22
FILE - In this July 11, 2021, file photo former President Donald Trump speaks at the Conservative Political Action Conference (CPAC) in Dallas, Texas. Trump on Tuesday, Sept. 21 sued his estranged niece, Mary Trump, and The New York Times over a bombshell 2018 story about his family’s wealth and tax practices that was based on confidential documents she provided to the newspaper’s reporters. (AP Photo/LM Otero, File)
September 22

ADB: Asia below pre-pandemic levels as variants slow rebound

The Asian Development Bank has lowered its outlook for economic growth in developing Asia to reflect renewed coronavirus outbreaks as variants spread, prompting governments to restore or keep in place their pandemic precautions
September 22
FILE - In this Aug. 24, 2021, file photo, women wearing face masks to help curb the spread of the coronavirus walk by an electronic billboard showing China's Gross Domestic Product (GDP) index on a commercial office building in Shanghai, China. Developing economies in Asia will likely grow at a slower pace than earlier expected due to prolonged COVID-19 outbreaks and uneven progress in vaccinations, the Asian Development Bank said in a report Wednesday, Sept. 22, 2021.( (AP Photo/Andy Wong, File)
September 21

Asian shares mostly lower after mixed trading on Wall Street

Asian shares are mostly lower after major indexes ended mixed on Wall Street
September 21
Trader Robert Charmak works on the floor of the New York Stock Exchange, Tuesday, Sept. 21, 2021. Stocks are opening modestly higher on Wall Street, making up some of the ground they lost in a sharp pullback a day earlier. (AP Photo/Richard Drew)
September 21

US sues to stop deal between American Airlines and JetBlue

The Justice Department is suing to stop American Airlines and JetBlue from coordinating their flights in the Northeast
September 21
FILE - A JetBlue Airbus A320 taxis to a gate Wednesday, Oct. 26, 2016, after landing as an American Airlines jet is seen parked at its gate at Tampa International Airport in Tampa, Fla. The Justice Department is suing to stop American Airlines and JetBlue from coordinating their flights in the Northeast. Government antitrust lawyers said Tuesday, Sept. 21, 2021, that the deal between the two airlines will reduce competition and lead to higher fares. (AP Photo/Chris O'Meara, File)
September 21

Judge begins key hearing on Boy Scouts bankruptcy plan

A Delaware judge has begun a key hearing that could determine whether the Boy Scouts of America might be able to emerge from bankruptcy later this year
September 21
FILE - In this Feb. 12, 2020, file photo, a statue stands outside the Boy Scouts of America headquarters in Irving, Texas. One of the primary insurers of the Boy Scouts of America announced Tuesday, Sept. 14, 2021, that it has reached a tentative settlement agreement with the organization and with attorneys representing tens of thousands of men who say they were molested as youngsters decades ago by scoutmasters and others. (AP Photo/LM Otero, File)
September 21

Tight job market is causing costs to rise at FedEx

FedEx is getting hurt by the tight job market
September 21
A FedEx driver delivers a cart of packages, Thursday, May 6, 2021, in New York. FedEx is getting hurt by the tight job market. The package delivery company said Tuesday, Sept. 21 that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased. (AP Photo/Mark Lennihan)
September 21

US govt to probe Zoom's $14.7B Five9 deal for natsec risks

A U_S_ government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14_7 billion deal for cloud call center company Five9 for national security risks due to “foreign participation.”
September 21
FILE - This April 18, 2019, file photo shows a sign for Zoom Video Communications ahead of their Nasdaq IPO in New York. A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9 for national security risks due to “foreign participation.” The Justice Department declined to answer questions Tuesday, Sept. 21, 2021. (AP Photo/Mark Lennihan, File)
September 21

UK energy crisis: Govt in CO2 deal to avert food shortages

The British government has agreed to give financial support to a U.S. firm that produces much of the country’s carbon dioxide
September 21
FILE - In this Friday, Sept. 17, 2021 file photo, Britain's Business Secretary Kwasi Kwarteng, centre, participates in the first Cabinet meeting since the reshuffle, at 10 Downing Street, in London, Friday, Sept. 17, 2021. Britain's business secretary will hold emergency talks with industry leaders and consumer groups as the government looks for ways to support energy companies threatened by soaring natural gas prices. Kwasi Kwarteng says that Britain’s energy regulator would ensure gas and electricity keeps flowing to customers if their energy supplier fails. (Ben Stansall/Pool Photo via AP, File)
September 21

House races to vote on gov't funding, debt as GOP digs in

The House is set to vote on legislation to fund the government, provide federal disaster aid and suspend the government's debt limit
September 21
FILE - In this Sept. 8, 2021, file photo speaker of the House Nancy Pelosi, D-Calif., meets with reporters to discuss President Joe Biden's domestic agenda including passing a bipartisan infrastructure bill and pushing through a Democrats-only expansion of the social safety net, the at the Capitol in Washington. (AP Photo/J. Scott Applewhite, File)
September 21

Biden bets on rapid COVID tests but they can be hard to find

President Joe Biden is betting on millions more rapid, at-home tests to help curb the latest deadly wave of the COVID-19 pandemic
September 21
September 21

Troubled Nielsen to update measurements for local television

Increasingly under fire from its clients, the Nielsen company says it will soon incorporate homes that have cut the cable cord and rely on broadband in its measurement of local TV viewership
September 21
September 21

How major US stock indexes fared Tuesday

Major indexes ended mixed on Wall Street Tuesday after spending much of the day wobbling between gains and losses
September 21
September 21

Lennar, Cracker Barrel fall; AutoZone, Nektar rise

Stocks that traded heavily or had substantial price changes Tuesday: Lennar, Cracker Barrel fall; AutoZone, Nektar rise
September 21
September 21

Carmaker Stellantis loses former FCA CEO Manley

PSA Peugeot’s takeover of Fiat Chrysler to form the world’s fourth-largest carmaker has had its first executive casualty, with former Fiat Chrysler CEO Mike Manley stepping down from his role of head of the Americas
September 21
Mike Manley, head of Jeep Brand, introduces the 2019 Jeep Cherokee during the North American International Auto Show, Tuesday, Jan. 16, 2018, in Detroit. PSA Peugeot’s takeover of Fiat Chrysler to form the world’s fourth-largest carmaker has had its first executive casualty, with former Fiat Chrysler CEO Mike Manley stepping down as his role of head of the Americas. Stellantis announced Tuesday that Manley, 57, was leaving to become CEO of the largest dealership network in the United States, AutoNation Inc., based in Florida.  (AP Photo/Carlos Osorio)
September 21

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
September 21
September 21

US probes Takata air bags in 200 models from 20 automakers

Over 30 million air bags in more than 200 models from 20 automakers are being investigated by a U.S. safety agency because they could explode and hurl shrapnel
September 21
September 21

Toyota scraps V8 in Tundra redesign, adds hybrid powertrain

Toyota is dumping the big V8 engine in the latest redesign of its Tundra full-size pickup truck, a bold move in a market that likes big, powerful engines
September 21
A 2022 Toyota Tundra is shown at Motor Bella in Pontiac, Mich., Tuesday, Sept. 21, 2021. Toyota is dumping the big V8 engine in the latest redesign of its Tundra full-size pickup truck, a bold move in a market that likes big, powerful engines. (AP Photo/Paul Sancya)
September 21

Biden administration targets ransomware payment 'enablers'

The Biden administration is taking aim at the financial marketplace for criminal ransomware gangs
September 21
FILE - In this Feb. 23, 2021, file photo Wally Adeyemo testifies before the Senate Finance Committee during his confirmation hearing to be Deputy Secretary of the Treasury in Washington. The Biden administration took aim Tuesday, Sept. 21, at the financial marketplace for criminal ransomware gangs, announcing sanctions against a Russia-based virtual currency brokerage that officials say has processed illicit transactions for attackers. The goal of the action is to go after the “financial enablers” of ransomware gangs, Deputy Treasury Secretary Wally Adeyemo told reporters in previewing the announcement. (Jim Lo Scalzo/Pool via AP, File)
September 21

Alitalia's final weeks flying marked by protests, apologies

Italy’s failing national airline Alitalia is telling passengers to just bring a single piece of hand luggage when travelling
September 21
Alitalia workers stage a protest in Rome, Tuesday, Sept. 21, 2021. Italy’s failing national carrier Alitalia told passengers on Tuesday to just bring a single piece of hand luggage when travelling, given intensifying strikes and labor protests are disrupting service ahead of the airline’s Oct. 14 demise. In a series of Tweets, Alitalia apologized to its customers and blamed the disruptions on union meetings that “over the coming days could result in delays in the services provided by Alitalia.” (Roberto Monaldo/LaPresse via AP)
September 21

Market debut of Universal Music Group is a smash hit

The market debut of Universal Music Group is a hit with investors optimistic about the future of steaming music
September 21
FILE - In this Feb. 24, 2019 file photo, Lady Gaga arrives at the Oscars at the Dolby Theatre in Los Angeles. The market debut of Universal Music Group is a hit with investors optimistic about the future of steaming music. Shares jumped nearly 40% Tuesday, Sept. 21, 2021, to almost $26 per each in trading on the Euronext Amsterdam exchange. Universal has a huge roster of stars including Taylor Swift, Billie Eilish, Lady Gaga, the Beatles and Bob Dylan. (Photo by Jordan Strauss/Invision/AP, File)
September 21

Dutch king's speech outlines limited government plans

The Dutch king has outlined a pared-back government plan for the coming year in the traditional speech opening the new parliamentary term
September 21
Queen Maxima and members of parliament stand for a triple salute to Dutch King Willem-Alexander after he marked the opening of the parliamentary year with a speech outlining the government's budget plans for the year ahead at the Grote Kerk, or Sint-Jacobus Kerk, (Great Church or St. James' Church) in The Hague, Netherlands, Tuesday, Sept. 21, 2021. (AP Photo/Peter Dejong)
September 21

McDonald's begins phasing out plastic toys in Happy Meals

McDonald’s plans to “drastically” reduce the plastic in its Happy Meal toys worldwide by 2025
September 21
A cardboard McDonald’s Happy Meal toy is shown with a Happy Meal box on Sept. 20, 2021. McDonald’s plans to “drastically” reduce the plastic in its Happy Meal toys worldwide by 2025. The burger giant said Tuesday, Sept. 21 it’s working with toy companies to develop new ideas, such as three-dimensional cardboard superheroes kids can build or board games with plant-based or recycled game pieces. (AP Photo/Dee-Ann Durbin)
September 21

US home construction up 3.9% in August after July drop

U.S. home construction rebounded 3.9% in August after a July decline with the strength coming in apartment construction
September 21
FILE - In this Feb. 8, 2019 file photo, work is done on an apartment building under construction in Sacramento, Calif. California lawmakers have advanced the second of two measure's designed to ease local zoning ordinances for home construction. Spurred by an affordable housing shortage, spiking home prices and intractable homelessness, California lawmakers on Thursday, Aug. 26, 2021, advanced the second of two measures designed to cut through local zoning ordinances. (AP Photo/Rich Pedroncelli, File)
September 21

Spain's new volcano attracts visitors, destroys banana crops

A new volcano erupting on the Spanish island of La Palma has drawn sightseers eager to take photos of glowing lava
September 21
Lava from a volcano engulfs a building near El Paso on the island of La Palma in the Canaries, Spain, Monday Sept. 20, 2021. Giant rivers of lava are tumbling slowly but relentlessly toward the sea after a volcano, seen in backround, erupted on a Spanish island off northwest Africa. The lava is destroying everything in its path but prompt evacuations helped avoid casualties after Sunday's eruption. (Kike Rincon, Europa Press via AP)
September 21

J&J: Booster dose of its COVID shot prompts strong response

Johnson & Johnson released data showing that a booster dose to its one-shot coronavirus vaccine provides a strong immune response months after people receive a first dose
September 21
FILE - In this March 26, 2021, file photo a member of the Philadelphia Fire Department prepares a dose of the Johnson & Johnson COVID-19 vaccine at a vaccination site setup in Philadelphia. Religious objections, once used only sparingly around the country to get exempted from various required vaccines, are becoming a much more widely used loophole against the COVID-19 shot. (AP Photo/Matt Rourke, File)
September 21

Podcast: 'The Dropout: Elizabeth Holmes on Trial'

ABC News' #1 podcast is back with new episodes, available on Tuesdays.
September 21
"The Dropout: Elizabeth Holmes on Trial" podcast is back with new episodes, available on Tuesdays.
September 21

EXPLAINER: Chinese builder’s debt struggle rattles investors

Global investors are watching nervously as one of China’s biggest real estate developers struggles to avoid defaulting on tens of billions of dollars of debt, fueling fears of possible wider shock waves for the Chinese financial system
September 21
FILE - In this Sept. 15, 2021, file photo, a construction crane stands on a new housing development project by Evergrande in Beijing. Global investors are watching nervously as one of China’s biggest real estate developers struggles to avoid defaulting on tens of billions of dollars of debt, fueling fears of possible wider shock waves for the Chinese financial system. Chinese regulators have yet to say what they might do about Evergrande Group. (AP Photo/Andy Wong, File)
September 21

Twitter to pay $809.5 million to settle shareholder lawsuit

Twitter said Monday it will pay $809.5 million to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform
September 21
FILE - This April 27, 2021 file photo shows the login/sign up screen for a Twitter account on a laptop computer in Orlando, Fla. Twitter said Monday, Sept. 20, it will pay $809.5 million to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. (AP Photo/John Raoux, File)
September 21

Asian shares extend losses as China worries darken sentiment

Asian shares have fallen, with Tokyo down 2%, as worries about heavily indebted Chinese real estate developers weigh on sentiment
September 21
A man walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, Sept. 21, 2021. Asian shares declined Tuesday, with Tokyo down 2% as worries about heavily indebted Chinese real estate developers weighed on sentiment. (AP Photo/Vincent Yu)