Feb 27 Yellen urges world leaders to redirect frozen Russian Central Bank assets for Ukraine reconstruction By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly $300 billion and using them for Ukraine. Continue reading
Feb 27 What would a Kroger-Albertsons merger mean for grocery shoppers? Here's what the U.S. government thinks By Dee-Ann Durbin, Associated Press On Monday, the U.S. Federal Trade Commission filed an administrative complaint against Kroger's $24.6 billion deal to acquire Albertsons and a federal lawsuit that asks a judge to block the merger for now. Continue reading
Feb 26 Forecasters raise expectations for 2024 U.S. economy By Associated Press The economy looks set to grow 2.2% this year after adjusting for inflation. That’s up from an earlier forecast of 1.3%. Continue reading
Feb 23 Germany's parliament votes to legalize limited marijuana possession and allow 'cannabis clubs' By Geir Moulson, Associated Press German lawmakers have approved a government plan to liberalize rules on cannabis, paving the way for the country to decriminalize limited amounts of marijuana and allow members of "cannabis clubs" to buy it for recreational purposes. Continue reading
Feb 22 Florida lawmakers pass ban on social media for kids and teens under 16 despite constitutional concerns By Brendan Farrington, Associated Press Supporters in Florida hope that if the bill becomes law, it would withstand legal challenges because it focuses on addictive features rather than the content on social media sites. Continue reading
Feb 22 Farmers from 10 EU countries join forces to protest agricultural policies By Associated Press Farmers complain that the 27-nation EU's policies on the environment, such as the Green Deal, which calls for limits on the use of chemicals and on greenhouse gas emissions, limit their business and make their products more expensive than non-EU… Continue reading
Feb 22 AT&T says its cellphone network has been restored after a widespread outage hit users across the U.S. By Michelle Chapman, Associated Press So far, no reason has been given for the outages. But Lee McKnight, an associate professor in the iSchool at Syracuse University, cited the most likely cause of the outage as a cloud misconfiguration, or human error. Continue reading
Feb 21 Boeing ousts head of 737 jetliner program, appoints new vice president of quality By Associated Press The shakeup comes weeks after the head of the Federal Aviation Administration said Boeing — under pressure from airlines to produce large numbers of planes — is not paying enough attention to safety. Continue reading
Feb 21 IRS to pursue business private jet usage in new round of audits on wealthy taxpayers By Fatima Hussein, Associated Press First, there were trackers on Taylor Swift and other celebrities' private jet usage. Now, there will be more scrutiny on executives' personal use of business aircraft who write it off as a tax expense. Continue reading
Feb 21 Zelenskyy invites Poland's leaders to border to resolve farmer protest affecting weapon shipments By Vanessa Gera, Associated Press Ukrainian President Volodymyr Zelenskyy says the blockade is hampering the shipment of weapons to Ukrainian soldiers. He hopes the border meeting could happen before the two-year anniversary of Russia's invasion of Ukraine on Saturday. Continue reading