BEIJING — BEIJING (AP) — Indonesia’s new leader called for collaboration rather than confrontation with China after the signing of $10 billion in new deals at a business forum on Sunday in the Chinese capital before heading to the U.S. President Prabowo Subianto told the forum that his country wants to be part of China’s…
As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new reality. Preparing to better withstand hurricanes, floods, heat waves, droughts and wildfires will take hundreds of billions of dollars. And then there is confronting the root cause of climate change — the…
ROME — Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees, its administrators told unions. The move comes as the successor to bankrupt Alitalia, ITA Airways, faces hurdles in its merger plans with German Lufthansa. According to Italian media reports, merger talks stalled after the Italian Economy…
DALLAS — DALLAS (AP) — Southwest Airlines is offering buyouts and extended leaves of absence to airport workers to avoid what it calls “overstaffing in certain locations,” which it blames on a shortage of new planes from Boeing. The move on Monday comes as a hedge fund presses Southwest to increase profits and boost the…
WASHINGTON — Elon Musk’s super PAC spent around $200 million to help elect Donald Trump, according to a person familiar with the group’s spending, funding an effort that set a new standard for how billionaires can influence elections. The billionaire Tesla and SpaceX CEO provided the vast majority of the money to America PAC, which…
NEW YORK — Many veterans who’ve started small businesses tell a similar story: Their military service prepared them mentally for the task, but they were at a disadvantage when it came to the financial part. “Vetrepreneurs” – veterans that start small businesses or startups — own nearly 2 million small businesses that employ 5.5 million…
NEW YORK — NEW YORK (AP) — “Venom: The Last Dance” has been no blockbuster in North American theaters. But in a lethargic fall moviegoing season, even a so-so performing superhero sequel can rule the box office for three straight weeks. For the third weekend in a row, “Venom: The Last Dance” was the No….
ALBANY, N.Y. — New York Gov. Kathy Hochul is considering ways to revive a program that would have charged drivers a new $15 toll to enter certain Manhattan neighborhoods — before President-elect Donald Trump takes office and can block it. In the days since Trump’s election, Hochul and her staff have been reaching out to…
Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and…
NEW YORK — As money continues to pour into crypto following Donald Trump’s victory last week, bitcoin has climbed to yet another record high. The world’s largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin’s price stood at $87,083, per CoinDesk, up over 28% in the last…
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