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FDA chief to detail delays inspecting baby formula plant
The head of the Food and Drug Administration is preparing to tell lawmakers about events that led to a months-long gap before inspecting the plant at the center of a nationwide baby formula shortage
5/25/2022 12:37:13 EDTBuffalo shooting sparks criticism of tech platforms over content moderation
The attack spurred fears over the monitoring of livestreams and radicalization.
May 18, 2022G-7 countries to provide $19.8 billion in aid to Ukraine
The Group of Seven leading economies have agreed to provide $19.8 billion in economic aid to Ukraine to ensure its finances do not hinder its ability to defend itself from Russia’s invasion
May 20, 2022
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39 minutes ago
FDA chief to detail delays inspecting baby formula plant
The head of the Food and Drug Administration is preparing to tell lawmakers about events that led to a months-long gap before inspecting the plant at the center of a nationwide baby formula shortage
39 minutes ago
1 hour ago
Asian stock markets mixed after Wall St sinks further
Asian stock markets are mixed after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand
1 hour ago
2 hours ago
Japan's weaker yen a blessing to some, burden for others
The Japanese yen has weakened, trading recently at 20-year lows of 130 yen to the U.S. dollar, just when prices of oil and other goods are surging
2 hours ago
May 24
Attorney paying ex-casino mogul Steve Wynn defamation claim
Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against an attorney
May 24
May 24
Social media hammered by mounting questions over advertising
Social media has had a rough 2022 with lingering questions about advertising spending and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read
May 24
May 24
Best Buy lowers outlook as Q1 results show inflation's bite
Best Buy Co. has posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits
May 24
May 24
ExxonMobil loses bid to nix climate change lawsuit
Massachusetts’ highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its products play in causing climate change
May 24
May 24
Lawsuit accuses 3 automakers and parts maker in air bag case
A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding
May 24
May 24
Snap, Nautilus fall; Nordson, Insulet rise
Stocks that traded heavily or had substantial price changes Tuesday: Snap, Nautilus fall; Nordson, Insulet rise
May 24
May 24
How major US stock indexes fared Tuesday
A slump in several big companies weighed down the stock market Tuesday, leaving most major indexes lower
May 24
May 24
Ford pays $19M to settle claims on fuel economy, payload
Ford Motor Company has settled claims by 40 U.S. state attorneys general that the company made misleading claims about the fuel economy and payload capacity of some of its vehicles
May 24
May 24
US to end Russia's ability to pay international investors
The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable
May 24
May 24
Airbnb ends rentals in China to focus on outbound tourists
Airbnb Inc. says it will stop representing short-term rental properties in China and focus its business in the country on serving Chinese tourists looking for lodgings abroad
May 24
May 24
Democrats: Google must protect privacy of abortion patients
More than 40 Democratic members of Congress are asking Google to stop what they see as the unnecessary collection and retention of peoples' location data
May 24
May 24
Stellantis, Samsung plan Indiana electric car battery plant
A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company’s second such factory in North America
May 24
May 24
Trump's inaugural chair pleads not guilty to latest charges
Tom Barrack was arrested last year and released on $250 million bail.
May 24
May 24
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 24
May 24
Kremlin critic Browder urges squeeze on oligarchs' enablers
Kremlin critic Bill Browder wants governments to step up efforts to get to the riches squirreled away by Russian oligarchs by forcing accountants, lawyers and others who set up murky legal and financial structures to become whistleblowers
May 24
May 24
At Davos, Kerry cites progress on China-US climate group
John Kerry, America’s top official on climate change, says that the U.S. and China are making progress on putting together a group of experts from both countries to work toward quickly reducing greenhouse gas emissions
May 24
May 24
Davos updates | Kerry: US, China working on emissions group
U.S. climate envoy John Kerry says the U.S. and China are making progress on putting together a group to work toward quickly reducing greenhouse gas emissions
May 24
May 24
Live updates | Wife: Ukrainian commander at Mariupol alive
The top military commander who fought to keep Ukrainian control of Mariupol is alive in Russian-controlled territory
May 24
May 24
Report: Dramatic rise in pesticides in EU fruits, vegetables
New research says the contamination of fruits and vegetables produced in the European Union by some of the most toxic pesticides has substantially increased over the past decade
May 24
May 24
US safety, savings rules set stage for baby formula shortage
A massive recall is getting most of the blame for the U.S. baby formula shortage, but experts say the products have long been vulnerable to this type of crisis
May 24
May 24
'Bear market' and 'recession' are back in the conversation. Why they matter.
The terms stoke outsized panic in some cases and insufficient caution in others.
May 24
May 24
Official: Ukraine told Cyprus of $420m Russian asset seizure
A Cypriot official says Ukrainian authorities have informed Cyprus about their seizure of $420 million worth of shares and securities linked to the east Mediterranean island nation that belong to a Russian billionaire and other businessmen
May 24
May 24
WHO chief Tedros reappointed to second five-year term
World Health Organization director-general Tedros Adhanom Ghebreyesus was confirmed by the U.N. health agency’s member countries for a second five-year term on Tuesday
May 24
May 24
Slumping technology stocks pull Wall Street lower
Stocks fell in morning trading on Wall Street Tuesday, weighed down by a big decline in tech heavyweights over concerns about persistently rising inflation and its impact to their bottom lines
May 24
May 24
Hyundai recalls 239,000 cars for exploding seat belt parts
Korean automaker Hyundai is recalling 239,000 cars because the seat belt parts can explode and injure vehicle occupants
May 24
May 24
Official: Nine Lebanese banks to withdraw from Cyprus
A representative of the Cyprus Central Bank says nine Lebanese banks are shutting down their operations on the island
May 24
May 24
MacKenzie Scott gives $123M to Big Brothers Big Sisters
MacKenzie Scott gave $122.6 million to Big Brothers Big Sisters of America, the national youth-mentoring charity announced on Tuesday
May 24
May 24
Biden administration is flying in baby formula. Here’s why the shortage happened
A factory shutdown triggered the crisis but supply was vulnerable, experts said.
May 24
May 24
Stock market slump unsettling Americans eying retirement
Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working
May 24
May 24
Biden: Leaders navigating 'dark hour' after Ukraine invasion
President Joe Biden has warned fellow leaders of the informal Indo-Pacific security coalition known as the Quad that they are “navigating through a dark hour in our shared history.”
May 24
May 24
More turn to UK food banks as food and fuel bills soar
Across Britain, food banks and community food hubs that helped struggling families, older people and the homeless during the pandemic are now seeing soaring demand
May 24
May 24
AP-NORC poll: Economy grows as priority on Russia response
Americans are becoming less supportive of punishing Russia for launching its invasion of Ukraine if it comes at the expense of the U.S. economy, a sign of rising anxiety over inflation and other challenges
May 24
May 23
Asian shares mostly lower as inflation worries cloud outlook
Asian shares are mostly lower as worries over inflation temper optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports
May 23
May 23
EXPLAINER: What's the 4-nation Quad, where did it come from?
Leaders of the U.S., Japan, Australia and India gathered in Tokyo on Tuesday for a summit of what's known as the Quad
May 23
May 23
What led to US baby formula shortage?
A variety of long-term and short-term factors led to empty shelves for parents searching for baby formula.
May 23
May 23
Amazon to sublease warehouses as online shopping slows
Amazon is planning to sublease some of its warehouse space because the pandemic-fueled surge in online shopping has slowed
May 23
May 23
Stellantis making Indiana announcement; may be battery plant
Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company’s second North American electric vehicle battery factory
May 23
May 23
Global Citizen NOW summit seeks solutions for global issues
The statistics discussed at the inaugural Global Citizen NOW conference were bleak
May 23
May 23
DC sues Zuckerberg over Cambridge Analytica privacy breach
The District of Columbia has sued Meta chief Mark Zuckerberg
May 23
May 23
Facebook, Instagram to reveal more on how ads target users
Meta, the parent company of Facebook and Instagram, said it will start publicly providing more details about how advertisers target people with political ads
May 23
May 23
Starbucks leaving Russian market
Starbucks is pulling out of the Russian market
May 23
May 23
World Food Program chief presses billionaires 'to step up'
The head of the U.N.’s World Food Program is telling billionaires it’s “time to step up” as the global threat of food insecurity rises because of Russia’s war in Ukraine
May 23
May 23
How major US stock indexes fared Monday
Stocks closed higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020
May 23
May 23
Brazil president announces carbon market, thin on details
Brazil’s far-right President Jair Bolsonaro has announced the creation of a carbon market in Brazil but it is voluntary and the announcement is thin on the kind of details that make for a robust trading forum
May 23
May 23
JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall
Stocks that traded heavily or had substantial price changes Monday: JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall
May 23
May 23
Video game workers create first union at big U.S. game maker
Video game workers at a division of game publisher Activision Blizzard have voted to unionize, creating the first labor union at a large U.S. video game company
May 23
May 23
Appeals court: Florida law on social media unconstitutional
A Florida law intended to punish social media platforms like Facebook and Twitter for allegedly discriminating against conservative thought is an unconstitutional violation of the First Amendment
May 23