China seized a Taiwanese fishing boat it says was trespassing in its waters. Taiwan’s Coast Guard rushed its patrol boats to the scene, but stood down to avoid conflict. The incident highlights rising maritime tensions between China and Taiwan. Taiwan is calling for the release of one of its fishing boats and its crew after […]
The final declaration of the Ukraine peace summit in Switzerland was approved by 80 of the 93 participating states at the close of the two-day event on Sunday. Countries that did not sign include six states from the G20 group of the world’s most important economic powers: Brazil, Mexico, Saudi Arabia, South Africa, India and […]
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Despite the growing popularity of the WNBA, the league is hemorrhaging money, with losses expected to rise to up to $50m this year, sources have said (Copyright 2024 The Associated Press. All rights reserved) Despite the recent explosion of the popularity of the WNBA, led by stars including Caitlin Clark, the league is hemorrhaging money, […]
G7 leaders have agreed to engineer a 50 billion-dollar (£39.5 billion) loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral. Details of the deal were being hashed out by G7 leaders at their summit in Italy. The money could reach […]
BARI, Italy — President Joe Biden and his counterparts from the wealthiest democratic nations reached a deal Thursday to give Ukraine a $50 billion loan this year backed by frozen Russian assets, signaling a sustained commitment to beat back Russia’s invasion, U.S. officials said. As Ukraine struggles to preserve its independence amid Russia’s assault, the […]
Leaders of the Group of Seven wealthy democracies have agreed to engineer a 50 billion dollar (£39 billion) loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral. Details of the deal were being hashed out by G7 leaders at their […]
(Bloomberg) — Tesla Inc. shares jumped in early trading after Elon Musk said shareholders voted “by wide margins” in favor of re-approving his compensation package and moving the company’s state of incorporation to Texas. Most Read from Bloomberg The chief executive officer posted voting results on X, the social media site he owns, hours before […]
After a two-year pause, the Walt Disney Co. this spring provided thousands of dollars in benefits for Florida lawmakers as the company slowly restarted contributions to state politicians — including to Republicans who voted for the law critics dubbed “don’t say gay.” The company had been one of the biggest political contributors in the state […]
The first test for Kevin McCarthy’s revenge tour comes Tuesday in South Carolina, where GOP Rep. Nancy Mace is facing a primary challenger backed by the former House speaker. Mace, one of the eight House Republicans who voted to oust McCarthy from his leadership post in October, has faced millions of dollars in ad spending […]
A new joint venture between seven of the biggest global automakers — BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia and Stellantis — has picked Durham County for a $10 million corporate center that promises to hire 203 positions by the end of the decade. Launched in July, the California-based company Ionna aims to set up […]
Traffic to the Blue Water Bridge has been backed up for miles on the verge of a potential Canadian Customs strike Friday afternoon. Port Huron Police Lt. Patrick Eash said traffic on Interstate 94 is backed up all the way to Interstate 69. Jocelyn Garza, Communication Specialist for the Michigan Department of Transportation, said the […]