MONEY NEWS FROM THE ASSOCIATED PRESS

Money

Study: 2.7 million European Union workers can’t afford heat

BRUSSELS (AP) — Almost 3 million European Union workers can’t afford to heat their homes amid a rise in energy prices, according to a labor organization’s study released Wednesday. The European Trade Union Confederation, which represents 45 million members, said that 15% of the EU’s working poor – the equivalent of 2,713,578 people – lacks […]
3 days ago
FILE - In this Thursday, May 16, 2019 file photo, a man is silhouetted near the Huawei logo in Beij...

Lithuanian agency warns against use of Chinese-made phones

VILNIUS, Lithuania (AP) — Lithuanian cybersecurity experts are urging the country’s government agencies to abandon the use of Chinese smartphone brands after an investigation identified security vulnerabilities and censorship concerns with certain devices. Lithuania’s National Cyber Security Center said it found four major cybersecurity risks for devices made by Huawei and Xiaomi, including two relating […]
3 days ago
A model wears a creation of Joy Meribe's Spring Summer 2022 collection, unveiled during the Milan F...

Nigeria-born designer Joy Meribe opens Milan Fashion Week

MILAN (AP) — Nigeria-born designer Joy Meribe opened Milan Fashion Week on Wednesday with her debut runway collection, a concrete success for a movement to promote diversity in Italian fashion just a year after launching. The Italian National Fashion Chamber tapped Meribe to open six days of womenswear previews for Spring-Summer 2022 after her inaugural […]
3 days ago
This photo from Honda shows the redesigned Civic sedan. It has a new look plus a few more technolog...

Edmunds: 2022 Honda Civic versus 2022 Toyota Corolla

The fully redesigned 2022 Honda Civic, which is now at dealerships, will certainly be of interest for many small-sedan shoppers. After all, the Civic has been one of the most popular cars sold in America for decades. The most noteworthy change is the Civic’s more conventional styling. You might find it boring, or maybe it’ll […]
3 days ago

Turkish warship warns Greek ship not to enter its waters

ISTANBUL (AP) — A Turkish warship issued a warning to a Greek research vessel to prevent it entering what Turkey considers its territorial waters, Turkey’s Defense Ministry said Wednesday. The showdown came a year after tensions in the eastern Mediterranean threatened to escalate into open conflict between the neighbors and NATO allies. The Nautical Geo […]
3 days ago
A general view of a petrol station on the main highway that link the Capital Beirut to south Lebano...

Lebanon raises fuel prices for 2nd time in 5 days

BEIRUT (AP) — Lebanon’s new government raised the price of fuel on Wednesday by 16%, the second time in five days, part of a gradual lifting of subsidies in the crisis-struck country. The new hike brings the price of fuel, in short supply, closer to black market rates and comes after warnings from Lebanon’s central […]
3 days ago

4 workarounds to book your fall vacation rental with points

Even before the pandemic, home booking sites like Airbnb and Vrbo were becoming increasingly popular with travelers. The opportunity to have a homelike experience, complete with full kitchen, extra living space and local flavor, was more appealing than a standard hotel room for many. Arlyce Melheim from Stillwater, Minnesota, likes to book homes for family […]
3 days ago
Local Serbs stand beside a road blocking the road leading to the northern Kosovo border crossing of...

Kosovo calls on Serbia to lower tensions, start dialogue

PRISTINA, Kosovo (AP) — Ethnic Serbs blocked the Kosovo-Serbia border for a third straight day Wednesday to protest a decision by Kosovo authorities to start removing Serbian license plates from cars entering the country. Kosovo Prime Minister Albin Kurti called on Serbs to move vehicles away “because they are blocking themselves.” Small groups of Serbs […]
3 days ago
A woman walks near a public sports facilities area taped off as a precaution against the coronaviru...

The Latest: Australian cities move closer to ending lockdown

SYDNEY — Australia’s two largest cities are moving closer to ending lockdowns as vaccination rates climb, but leaders are warning that people should remain cautious with their newfound freedoms and that coronavirus case numbers will inevitably rise. In New South Wales state, where an outbreak continues to grow in Sydney, Premier Gladys Berejiklian has set […]
3 days ago
FILE - In this Friday, Sept. 17, 2021 file photo, The app Smart Voting is displayed on an iPhone sc...

Apple, Google raise new concerns by yanking Russian app

BERKELEY, Calif. (AP) — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a political-opposition app from their local app stores, it raised worries that two of the world’s most […]
3 days ago
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headqu...

Asian shares, Wall Street hold gains after Fed statement

Asian shares were mostly higher on Thursday after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year. Shares rose in Hong Kong, Shanghai, Australia and Taiwan but fell in South Korea and Malaysia. U.S. futures were higher. Markets were closed in Tokyo. The U.S. central bank […]
3 days ago
Construction cranes stand near an Evergrande new housing development showroom office building in Be...

Chinese builder in debt jam says it will make bond payment

BEIJING (AP) — A Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt has rattled global markets says it will pay interest due Thursday to bondholders in China but gave no sign of plans to pay on a separate bond abroad. The Chinese government, meanwhile, added to investor anxiety […]
3 days ago
FILE - In this July 11, 2021, file photo former President Donald Trump speaks at the Conservative P...

Trump sues niece, NY Times over records behind ’18 tax story

NEW YORK (AP) — Former President Donald Trump on Tuesday sued his estranged niece and The New York Times over a 2018 story about his family’s wealth and tax practices that was partly based on confidential documents she provided to the newspaper’s reporters. Trump’s lawsuit, filed in state court in New York, accuses Mary Trump […]
3 days ago
Bulgaria's President Rumen Radev is seen on video screens as he addresses the 76th Session of the U...

‘The future is raising its voice’: A dire mood at UN meeting

UNITED NATIONS (AP) — Racism, climate change and worsening divisions among nations and cultures topped the agenda Wednesday as leaders from China to Costa Rica, from Finland to Turkey to the United Nations itself outlined reasons why the world isn’t working as it should — and what must be done quickly to fix it. Said […]
3 days ago
President Joe Biden speaks during a virtual COVID-19 summit during the 76th Session of the United N...

Biden presses fellow Dems: Resolve party split on $3.5T plan

WASHINGTON (AP) — With a personal push, President Joe Biden pressed fellow Democrats to hasten work on his big “build back better” agenda Wednesday, telling them to come up with a final framework and their best topline budget figure as the party labors to bridge its divisions in Congress ahead of crucial voting deadlines. Biden […]
3 days ago
FILE - In this Aug. 24, 2021, file photo, women wearing face masks to help curb the spread of the c...

ADB: Asia below pre-pandemic levels as variants slow rebound

Developing economies in Asia will likely grow at a slower pace than earlier expected due to prolonged COVID-19 outbreaks and uneven progress in vaccinations, the Asian Development Bank said in a report Wednesday. The regional lender lowered its outlook for economic growth to reflect renewed coronavirus outbreaks as variants spread, prompting fresh pandemic precautions. The […]
3 days ago
FILE - In this April 14, 2020 file photo, the thumbs up Like logo is shown on a sign at Facebook he...

Facebook oversight board reviewing ‘XCheck’ system for VIPs

Facebook’s semi-independent oversight board says it will review the company’s “XCheck,” or cross check, system following an investigation by The Wall Street Journal into the use of this internal system that has exempted high-profile users from some or all of its rules. The board said Tuesday that it expects to have a briefing with Facebook […]
3 days ago

Second accuser joins lawsuit against billionaire Leon Black

NEW YORK (AP) — A second woman has accused billionaire Leon Black of rape in claims lawyers are seeking to add to a defamation lawsuit filed against him in the spring. The woman, identified only as Jane Doe, added her claims late Monday to a June lawsuit in New York state court that seeks unspecified […]
3 days ago
A FedEx driver delivers a cart of packages, Thursday, May 6, 2021, in New York. FedEx is getting hu...

Tight job market is causing costs to rise at FedEx

NEW YORK (AP) — FedEx is getting hurt by the tight job market. The package delivery company said Tuesday that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased. FedEx also cut its outlook for […]
3 days ago
FILE — In this Aug. 24, 2021, file photo people sit on a Waikiki Beach in Honolulu. Hawaii offici...

Experts eye more travel testing to contain COVID in Hawaii

HONOLULU (AP) — Hawaii officials are facing pressure to increase COVID-19 testing for travelers as the islands deal with a record surge of new infections, hospitalization and deaths. The calls come as federal guidelines change to require negative virus tests from both vaccinated and unvaccinated people coming to the U.S. Despite evidence that more COVID-19 […]
3 days ago
FILE - This April 18, 2019, file photo shows a sign for Zoom Video Communications ahead of their Na...

US govt to probe Zoom’s $14.7B Five9 deal for natsec risks

A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal “to determine whether this application poses a risk to […]
3 days ago
FILE - In this Friday, Sept. 3, 2021, file photo, Entergy contractors prepare to detonate transmiss...

Correction: Hurricane Ida-Entergy story

NEW ORLEANS (AP) — In a story published Sept. 21, 2021, about criticisms of Entergy New Orleans over power outages during and after Hurricane Ida, The Associated Press erroneously identified executive Rod West as the CEO of Entergy New Orleans. West is the group president for utility operations at Entergy Corp. Copyright © The Associated […]
3 days ago
FILE - A JetBlue Airbus A320 taxis to a gate Wednesday, Oct. 26, 2016, after landing as an American...

US sues to stop deal between American Airlines and JetBlue

The Justice Department and officials in six states have filed a lawsuit to block a partnership formed by American Airlines and JetBlue, claiming that it will reduce competition and lead to higher fares. The Justice Department said Tuesday that the agreement will eliminate important competition in New York and Boston and reduce JetBlue’s incentive to […]
3 days ago

Troubled Nielsen to update measurements for local television

NEW YORK (AP) — The Nielsen company, increasingly under fire from the television industry, on Tuesday said it would soon incorporate homes that have cut off cable in favor of broadband in its viewing measurements for local TV markets. Nielsen estimates some 20% of American homes are now broadband only for onscreen entertainment. The company […]
3 days ago