Jul 13 U.S. consumer prices surge in June by the most since 2008 By Christopher Rugaber, Associated Press American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply. Continue reading
Jul 12 Police patrol Havana in large numbers after demonstrations By Andrea Rodriguez, Associated Press Large contingents of Cuban police are patrolling the capital of Havana following protests around the island nation against food shortages and high prices amid the coronavirus crisis. Continue reading
Jul 12 Elon Musk to testify over Tesla's SolarCity acquisition By Tom Krisher, Associated Press The Tesla CEO will testify about the $2.5 billion deal in a shareholder lawsuit that alleges Tesla's acquisition was rife with conflicts of interest, overlooked SolarCity's fundamental weaknesses and failed to produce profits Musk had promised. Continue reading
Jul 11 Watch 11:43 A Dutch chocolate company's fight to end illegal child labor By Megan Thompson, Joan Martelli The chocolate industry has a dark side: almost 1.6 million children work -- illegally -- in the cocoa growing regions of Ghana and Ivory Coast. Tony’s Chocoloneley, a quirky but popular chocolate brand in The Netherlands, is on a mission… Continue watching
Jul 09 USDA unveils $500 million plan to help build more, smaller meat processing plants By David Pitt, Associated Press U.S. Agriculture Secretary Tom Vilsack, in Council Bluffs, Iowa, announced the program Friday in addition to another $150 million to be used for existing small processing facilities to help them with unexpected costs the coronavirus pandemic caused and to compete… Continue reading
Jul 09 WATCH: Biden signs competition order targeting big business By Aamer Madhani, Marcy Gordon, Associated Press The order includes calls for banning or limiting noncompete agreements to help boost wages and for allowing rule changes that would pave the way for hearing aids to be sold over the counter at drugstores, among other things. Continue reading
Jul 08 Why ransomware attacks are on the rise — and what can be done to stop them By Lynsey Jeffery, Vignesh Ramachandran As a slew of disruptive ransomware attacks have rattled the U.S., here’s what you should know as debate over cybersecurity and how to fight ransomware continues. Continue reading
Jul 07 Biden seeks to strengthen options for workers with new executive order By Josh Boak, Associated Press President Joe Biden plans to sign an executive order reducing the ability of employers to prevent workers from going to rival firms and remove some of state occupational licensing requirements that make it harder to land a job. Continue reading
Jul 06 Lebanon caretaker premier pleads for aid as crisis worsens By Sarah El Deeb, Associated Press Lebanon's caretaker prime minister is warning that the country is hurtling toward a "social explosion" and appealed on the international community for assistance to prevent the demise of the nation facing multiple crises. Continue reading
Jul 06 WATCH: Pentagon cancels disputed JEDI cloud contract with Microsoft By Robert Burns, Associated Press The Pentagon said it has canceled a cloud-computing contract with Microsoft that could eventually have been worth $10 billion. The statement did not directly mention that the Pentagon faced extended legal challenges by Amazon. Continue reading