Raskin Faces Senate Questions Over Views on Climate Change, Regulations
Sarah Bloom Raskin, President Biden’s nominee to become the government’s top bank regulator, defended her views on using financial regulation...
Month: February 2022
Turkey’s inflation soars to two-decade high of almost 49%
Consumer prices jumped 11.1% from the previous month, the Turkish Statistical Institute (TUIK) said, eating deeply into Turks' earnings. Both...
Alex ‘Chumpy’ Pullin still a ‘presence’ among Australia’s Olympic snowboarding team following his death
Pullin, a two-time world champion snowboarder who competed at three Winter Olympics, died while spearfishing in Australia in 2020 aged...
CNN President Jeff Zucker Resigns, Citing Relationship With Colleague
CNN President Jeff Zucker resigned from the TV news organization, citing his failure to disclose a consensual relationship with a...
White House says it’s no longer calling potential Russian invasion of Ukraine ‘imminent’
"I used that once. I think others have used that once. And then we stopped using it because I think...
UAE intercepts and destroys 3 ‘hostile’ drones
The drones managed to penetrate Emirati airspace but were destroyed away from populated areas, the ministry said on Twitter. It's...
Sarah Bloom Raskin Faces Senate Questions Over Climate Views
WASHINGTON— Sarah Bloom Raskin, President Biden’s pick to become the government’s most influential bank regulator, could face a contentious hearing...
Facebook’s Shares Plunge After Profit Decline
Facebook parent Meta Platforms Inc. posted rising revenues but a modest decline in profit as it increased spending to execute...
Coke Goes Big on Olympics Sponsorship in China. At Home, Not So Much.
Coca-Cola Co. has been an Olympics supporter for nearly a century. It counts China as its third-largest market after the...
Rapidly intensified Cyclone Batsirai bears down on Madagascar, weeks after deadly floods
The planet's strongest storm underwent rapid intensification overnight and is now equivalent to a Category 4 Atlantic hurricane with sustained...
OPEC and Russia keep promising to pump more oil. They’re not delivering
The Organization of the Petroleum Exporting Countries and 10 other major crude oil producers, including Russia, have been gradually increasing...
China’s biggest Lunar New Year release is another Korean War propaganda movie
"Water Gate Bridge" is the sequel to the 2021 Chinese blockbuster "The Battle at Lake Changjin," which glorifies the heroism...
Vladimir Putin says the West has ‘ignored’ Russia’s key concerns over Ukraine
For weeks, Putin had said little publicly about the crisis sparked by Russia's buildup of tens of thousands of troops...
Starbucks Sales Rise as Cost Pressures Increase at the Coffee Chain
Starbucks Corp. SBUX 0.45% said rising costs of supplies and wages will continue to weigh on the coffee giant’s profit...
GM Earnings Rose Sharply in 2021
General Motors Co. GM 2.54% said it plans to accelerate the timetable for some electric-vehicle launches and will establish a...
Google Parent Caps Blockbuster Year With Sales Gains
Google parent Alphabet Inc. GOOG 1.61% posted another quarter of strong sales growth, capping a year when profit nearly doubled...
West African bloc ECOWAS says coup attempt underway in Guinea-Bissau
"ECOWAS condemns the coup attempt and holds the military responsible for the physical integrity of President Umaro Sissoco Embalo and...
Elevated Job Openings Show Early Sign of a Pullback
Employers pulled back on demand for workers last month amid signs the economy was starting to cool as the Omicron...
The end of ‘Londongrad?’ UK threatens to hit Russian oligarchs with sanctions
But decades of loose regulation and courting of Russian investors mean that some Putin allies are now so deeply integrated...
Analysis: Will Vladimir Putin turn the Second Cold War into a hot one?
Last Wednesday, the United States and NATO delivered their written responses to Russian security demands, offering Moscow what US Secretary...
