Category: Business
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Solidarity behind Ukraine’s Russia fight atop summit agendas
WASHINGTON (AP) — Back-to-back world leader summits in Europe this weekend will focus on uniting Western nations behind Ukraine in its fight against Russia’s invasion and overcoming Turkey’s opposition to NATO membership for Finland and Sweden.
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UN chief warns of ‘catastrophe’ from global food shortage
BERLIN (AP) — The head of the United Nations warned Friday that the world faces “catastrophe” because of the growing shortage of food around the globe.
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Romanian port struggles to handle flow of Ukrainian grain
CONSTANTA, Romania (AP) — With Ukraine’s seaports blockaded or captured by Russian forces, neighboring Romania’s Black Sea port of Constanta has emerged as a main conduit for the war-torn country’s grain exports amid a growing world food crisis.
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Asian stocks higher after Wall St declines on growth worries
BANGKOK (AP) — Shares were higher in Asia on Friday, tracking gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses.
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Russians focus firepower to seize 2 villages in east Ukraine
KYIV, Ukraine (AP) — The Russian military extended its grip on territory in eastern Ukraine as it seeks to cut supply lines and encircle frontline Ukrainian forces, while the Ukrainian military announced Thursday the arrival of powerful U.S. multiple-launch rocket systems it hopes will offer a battlefield advantage.
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Settlement would forgive $6B for defrauded college students
The Biden administration has agreed to cancel $6 billion in student loans for about 200,000 former students who say they were defrauded by their colleges, according to a proposed settlement in a Trump-era lawsuit.
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European Union leaders set to grant Ukraine candidate status
BRUSSELS (AP) — The European Union agreed Thursday to put Ukraine on a path toward EU membership, acting with uncharacteristic speed and unity to pull the embattled country further away from Russia’s influence and bind it more closely to the West.
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How major US stock indexes fared Thursday 6/23/2022
Stocks shook off a midday slump and ended higher, keeping major indexes on track for weekly gains.
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Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery fell $1.92 to $104.27 a barrel Thursday. Brent crude for August delivery fell $1.69 to $110.05 a barrel.
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Michigan to destroy some blood spots in fight over consent
DETROIT (AP) — The state of Michigan has agreed to destroy more than 3 million dried blood spots taken from babies and kept in storage, a partial settlement in an ongoing lawsuit over consent and privacy in the digital age.