business news

Germany’s increased coal, oil use will be temporary, Scholz says
Chancellor Olaf Scholz said Germany is looking to create closer ties with countries that share its values, naming Japan and India, among others. Lisi Niesner | Reuters Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war in Ukraine is only temporary and his […]
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G-20 finance meetings in Bali overshadowed by war in Ukraine
Financial leaders of the Group of 20 richest and biggest economies have wrapped up meetings on the Indonesian resort island of Bali without a final joint communique after talks were overshadowed by divisions over the war in Ukraine. As G-20 host this year, Indonesia has sought to bridge divisions between G-20 members over Russia’s invasion, […]
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Hollywood finally comes calling for horror writer Paul Tremblay
Paul Tremblay Source: Paul Tremblay Want to hear a scary story? It was 2015. Paul Tremblay, a New England math wiz with a couple crime novels to his name, was experiencing his big breakthrough in horror fiction. His book, “A Head Full of Ghosts,” an internet-era spin on the demonic possession genre, arrived in June […]
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Biden says the U.S. ‘will not walk away’ from Middle East
President Joe Biden, speaking at a summit of Arab leaders, said Saturday that the United States “will not walk away” from the Middle East as he tries to ensure stability in a volatile corner of the globe and boost the worldwide flow of oil to reverse rising gas prices. His remarks, delivered at the Gulf […]
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Russia pounds Ukrainian cities, says it is stepping up operations
Smoke billows above a building, as Russia’s invasion of Ukraine continues, in Odesa, Ukraine, in this handout image released on July 16, 2022. State Emergency Services of Ukraine | Via Reuters Russian rockets hit a southern Ukrainian city on Saturday in the latest in a series of bombardments that Ukraine says have killed dozens of […]
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Jan. 6 panel subpoenas Secret Service for erased texts
The House committee investigating the U.S. Capitol attack subpoenaed the Secret Service on Friday night for text messages agents reportedly deleted around Jan. 6, 2021, as the panel probes Donald Trump’s actions at the time of the deadly siege. Committee Chairman Bennie Thompson, D-Miss., said in a statement that the committee understands the messages had […]
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Vegas home builder bets $32.5 million spec mansion will smash a local record in Southern California
Blue Heron’s cliffside spec house spans three levels in San Diego’s La Jolla neighborhood. Blue Heron This newly built cliff-side mansion overlooking the Pacific Ocean in Southern California comes with an ambitious $32.5 million asking price. It’s one of the most expensive homes for sale in San Diego County, and that price tag puts it […]
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Elon Musk asks court to reject Twitter’s request for speedy trial
“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement to buy Twitter for […]
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Twitter board urges shareholders to approve sale to Elon Musk
The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Twitter’s board of directors unanimously recommended that its shareholders vote to approve Elon Musk’s $44 billion acquisition of the company. Twitter […]
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Biden says he will act on climate change after Manchin opposes legislation
U.S. President Joe Biden holds a news conference before departing the NATO summit at the IFEMA arena in Madrid, Spain, June 30, 2022. Jonathan Ernst | Reuters President Joe Biden on Friday said he will move forward with his own efforts to combat climate change and curb greenhouse gas emissions, a day after Sen. Joe […]
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