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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • Suspected Chinese hackers spied on US, European targets

    Suspected state-backed Chinese hackers exploited widely used networking devices to spy for months on dozens of high-value government, defense industry and financial sector targets in the U.S. and Europe, according to FireEye, a prominent cybersecurity firm. FireEye said Tuesday that it believes two hacking groups linked to China broke into several targets through Pulse Connect […]
  • Closing prices for crude oil, gold and other commodities

    Benchmark U.S. crude oil for May delivery fell 94 cents to $62.44 a barrel Tuesday. Brent crude oil for June delivery fell 48 cents to $66.57 a barrel. Wholesale gasoline for May delivery fell 2 cents to $2.02 a gallon. May heating oil fell 1 cent to $1.88 a gallon. May natural gas fell 2 […]
  • Belarus decries sanctions US reimposed on 9 state companies

    KYIV, Ukraine (AP) — Belarus’ Foreign Ministry on Tuesday expressed regret over sanctions that the United States reimposed on nine state-owned companies in the ex-Soviet country, citing human rights violations. Belarus has become a target of Western sanctions after authoritarian President Alexander Lukashenko won his sixth term in office in a widely disputed election in […]
  • Boeing extends CEO’s term, chief financial officer to leave

    Boeing’s board of directors raised the mandatory retirement age for CEO David Calhoun from 65 to 70 just days after he turned 64. The board’s vote of confidence for Calhoun comes as Boeing continues to struggle to recover from two crashes of its best-selling airliner and the coronavirus pandemic, which has undermined demand for new […]
  • Facebook prepares for Chauvin verdict by enforcing its rules

    Facebook is stepping up the enforcement of its rules ahead of the verdict in former Minneapolis Police Officer Derek Chauvin’s murder trial in George Floyd’s death. The social media giant is tightening its content-moderation efforts, saying it wants to “protect peaceful protests and limit content that could lead to civil unrest or violence.” The steps […]
  • Biden OKs more foreign seasonal workers as economy improves

    WASHINGTON (AP) — President Joe Biden’s administration announced an increase Tuesday in the number of temporary seasonal workers who will be allowed to work in the U.S. this year as the U.S. economy recovers from the pandemic. The Department of Homeland Security said the U.S. would approve an additional 22,000 H2-B seasonal, non-agricultural worker visas […]
  • Balancing act: Dutch PM eases lockdown amid infection rise

    THE HAGUE, Netherlands (AP) — Dutch caretaker Prime Minister Mark Rutte announced a significant easing in his country’s months-long coronavirus lockdown Tuesday, calling it a delicate balancing act as infections remain stubbornly high. The decision to cautiously relax restrictions reflects difficult choices being made in many countries as lockdown fatigue grows even as positive cases […]
  • Ex-Jack Daniel’s distiller to make new whiskey in Tennessee

    NASHVILLE, Tenn. (AP) — The former top distiller at Jack Daniel’s announced on Tuesday that he and several partners are opening a new whiskey distillery near the Great Smoky Mountains in Tennessee. Company Distilling will first open a 4,000-square-foot (3,712-square-meter) tasting room and restaurant in Townsend, Tennessee, former Jack Daniel’s master distiller Jeff Arnett and […]
  • Ex-Jack Daniel’s distiller to make new whiskey in Tennessee

    NASHVILLE, Tenn. (AP) — The former top distiller at Jack Daniel’s announced on Tuesday that he and several partners are opening a new whiskey distillery near the Great Smoky Mountains in Tennessee. Company Distilling will first open a 4,000-square-foot (3,712-square-meter) tasting room and restaurant in Townsend, Tennessee, former Jack Daniel’s master distiller Jeff Arnett and […]
  • US lab looks to boost power supply ahead of nuclear mission

    ALBUQUERQUE, N.M. (AP) — The U.S. government plans to build a new transmission line and make other upgrades costing hundreds of million dollars to ensure its laboratory in northern New Mexico has enough electricity for ongoing operations and future missions that include manufacturing key components for the nation’s nuclear arsenal. Officials have said one of […]