US beats Hungary, Canada tops Slovenia at ice hockey … TAMPERE, Finland (AP) — The United States had to come from a goal down to outclass newcomer Hungary 7-1 for its second win at the ice hockey world championship on Sunday. Canada had to do the same on the way to a 5-2 victory over Slovenia, the other newly promoted team in the top division. […]
China raids offices of business consultancy Capvision BEIJING (AP) — China’s chief foreign intelligence agency has raided the offices of business consulting firm Capvision in Beijing and other Chinese cities as part of an ongoing crackdown on foreign businesses that provide sensitive economic data. Foreign companies operating in China have come under increasing pressure, driven primarily by national security considerations, as Xi […]
After killings, calls to protect S. Africa’s whistleblowers JOHANNESBURG (AP) — An accountant working on a high-profile corruption case was killed along with his son by unknown gunmen while traveling on one of South Africa’s main highways. A government health department employee who warned of illegal dealings worth nearly $50 million was shot 12 times in the driveway of her home. The slayings […]
Foreign companies in China face growing scrutiny, … BEIJING (AP) — Foreign companies are under growing pressure in China from anti-corruption, national security and other investigations as President Xi Jinping’s government tightens control over business, clashing with efforts to lure back investors after the pandemic. This week, Bain & Co. said police questioned staff in its Shanghai office. The consulting company gave no […]
Coke’s strong quarter fueled by higher prices, China … Coca-Cola Co. reported higher-than-expected sales in the first quarter as it continued to hike prices and its business in China improved. Revenue rose 5% to $11 billion for the January-March period, the company said Monday. That beat Wall Street’s expectations. Analysts polled by FactSet had forecast revenue of $10.8 billion. Coke Chairman and CEO James […]
Rich young Americans have lost confidence in the … (Moneywise) – The stock market has long been the go-to choice for people looking to invest their money. But that could be about to change as a younger generation enters the scene. According to a recent survey from Bank of America, individuals aged 21 to 42 with at least $3 million in assets only have […]
High-capacity magazine supplier sued in FedEx mass … The son of a man killed in a 2021 mass shooting at an Indianapolis FedEx facility filed a federal lawsuit Thursday with two of the survivors against the distributor of the 60-round magazine used by the gunman, alleging the use of reckless marketing tactics targeting young men at risk for violent behavior. The lawsuit — […]
Oil producers’ cuts could boost gasoline prices, … FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia said they’re cutting supplies of crude — again. This time, the decision was a surprise and is underlining worries about where the global economy might be headed. Russia is joining in by extending its own cuts for the rest of the year. In theory, […]
New California gas price law another defeat for oil … SACRAMENTO, Calif. (AP) — It was just a few weeks ago that California Gov. Gavin Newsom called the oil industry the second most powerful force on earth, trailing only Mother Nature in its ability to bend the elements — both physical and political — to its will. Yet on Tuesday, Newsom signed a new law […]
Texans always running for president? 2024 could be … It’s early yet, but next year’s presidential race may feature something the political world hasn’t seen in the last 50 years: no Texans.
Tired of Texans running for president? 2024 may be … AUSTIN, Texas (AP) — It’s early yet, but next year’s presidential race may feature something the political world hasn’t seen in the last 50 years: no Texans. The Texas-size hole in the field will be on stark display Friday at a closed Republican donor event outside the state capital, Austin, featuring the likes of former […]