PROVIDENCE, R.I. (AP) — As climate change pushes states in the U.S. to dramatically cut their use of fossil fuels, many are coming to the conclusion that solar, wind and other renewable power sources might not be enough to keep the lights on.
LOS ANGELES (AP) — Crews made railroad repairs in Los Angeles Monday after a train derailed near the location where thieves have been raiding cargo containers, leaving the tracks littered with emptied boxes of packaged good sent by retailers.
TOKYO (AP) — Global shares were mostly lower Tuesday following a national holiday in the U.S, while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.
GENEVA (AP) — Chinese President Xi Jinping said Monday that his country will send an additional 1 billion doses of COVID-19 vaccine to other countries, calling for global cooperation to tackle the pandemic and other challenges while urging other powers to discard a "Cold-War mentality” — a veiled swipe at the United States.
BRUSSELS (AP) — Roberta Metsola, a Christian Democratic politician from Malta, was elected president of the European Union’s parliament Tuesday, taking over for a 2½-year term following the death of Socialist David Sassoli last week.
BANGKOK (AP) — Norwegian telecommunications company Telenor plans to sell its 51% stake in the Myanmar fintech company Wave Money to its main partner in the venture, Yoma Strategic Holdings.
Telenor confirmed the $53 million deal, reported earlier, in a statement seen Tuesday on its website.
BEIJING (AP) — Chinese leaders are under pressure to boost slumping economic growth while they try to contain coronavirus outbreaks ahead of next month's Winter Olympics in Beijing.
The world's second-largest economy grew by 8.1% last year, but activity fell abruptly in the second half as the ruling Communist Party forced China's vast real estate industry to cut surging debt, official data showed Monday.
GENEVA (AP) — Credit Suisse said Monday that its chairman has resigned following an internal investigation that reportedly found he violated quarantine rules intended to fight the COVID-19 pandemic.
BRUSSELS (AP) — Euro finance chiefs on Monday ventured into a high-wire political balancing act prompted by conflicting economic forces: a weaker growth outlook and stronger inflation.
Finance ministers from the 19 nations that share the euro currency pledged continued budgetary stimulus for the European economy amid headwinds caused by the highly transmissible omicron variant.
MILAN (AP) — K-way, the Franco-Italian brand synonymous with windbreakers, is stepping into luxury fashion with its first live runway show ever on the closing day of Milan Fashion Week.
The Milan-based brand has been edging into the space with collaborations for such fashion houses as Fendi and YSL, DSquared2 and Comme des Garcons.
HONG KONG (AP) — Hong Kong authorities said Tuesday that they will cull some 2,000 small animals, including hamsters after several of the rodents tested positive for the virus at a pet store where an infected employee was working.
BEIJING (AP) — Chinese state media say parcels mailed from overseas may have spread the omicron variant of the coronavirus in Beijing and elsewhere, despite doubts among overseas health experts that the virus can be transmitted via packaging.
HUNTINGTON, W.Va. (AP) — Small private nonprofit organizations in five West Virginia counties have a few more weeks to apply for federal loans for economic losses from several winter storms last February.
LEBANON, Tenn. (AP) — Tennessee officials say the specialty outdoor retailer REI Co-op will set up a new distribution center in the state, creating more than 280 new jobs.
The state Department of Economic and Community Development says construction is underway in Lebanon for the Seattle-based company’s fourth U.S.
TOKYO (AP) — Japan's government is preparing social restrictions in Tokyo and other regions as the omicron variant of the coronavirus infects more people.
Japan has never had a lockdown during the pandemic but has focused instead on asking restaurants and bars to close early.
KEMMERER, Wyoming (AP) — In this sleepy Wyoming town that has relied on coal for over a century, a company founded by the man who revolutionized personal computing is launching an ambitious project to counter climate change: A nationwide reboot of nuclear energy technology.
Bloomberg Philanthropies is supporting the innovative solutions of 15 cities to try to get others to use them as blueprints to battle the world’s urban problems.
The winners of this year's Global Mayors Challenge, announced Tuesday, span 13 nations and will make their solutions available to cities worldwide to replicate.
TOKYO (AP) — Asian shares were mostly higher Tuesday in the absence of big market-moving news following a national holiday in the U.S.
The Bank of Japan wrapped up a two-day policy meeting with no major changes.
MELBOURNE, Australia (AP) — Australia reported a record high of COVID-19 deaths Tuesday, and its second-largest state declared an emergency in hospitals to cope with surging patient admissions and a staffing shortage due to the coronavirus.
VIRGINIA BEACH, Va. (AP) — Singer and music producer Pharrell Williams is challenging corporate America to “do more" by supporting entrepreneurs of color and adopting economic equity measures.
The Virginian-Pilot reports that in remarks Monday during the Urban League of Hampton Roads’ annual Martin Luther King Jr.
SPRINGFIELD, Ill. (AP) — The family of a delivery driver who died last month when a tornado collapsed the central Illinois Amazon facility where he worked filed a wrongful death lawsuit Monday in Madison County.
SPRINGFIELD, Ill. (AP) — Aurora Mayor Richard Irvin joined the gubernatorial fray on Monday, entering the race as a Republican challenging incumbent Democrat J.B. Pritzker.
Elected the first Black mayor of Illinois' second-largest city in 2017, Irvin, 51, is the fifth candidate seeking the GOP spot on the November ballot.
JEFFERSON CITY, Mo. (AP) — A task force created to consider how to help Missouri's small businesses recover from the financial strain caused by the COVID-19 pandemic issued several recommendations on Monday.
MOSCOW (AP) — Russia's top diplomat angrily rejected U.S. allegations that Moscow was preparing a pretext to invade Ukraine, as Russian troops that are amassed near the Ukraine border launched more drills Monday.
LONDON (AP) — As he fights for his career, British Prime Minister Boris Johnson has one constant refrain: Wait for Sue Gray.
Gray is a senior but previously obscure civil servant who may hold Johnson’s political future in her hands.
DUBAI, United Arab Emirates (AP) — A drone attack claimed by Yemen's Houthi rebels targeting a key oil facility in Abu Dhabi killed three people on Monday and sparked a fire at Abu Dhabi's international airport.
TIRANA, Albania (AP) — Albania and Turkey on Monday pledged to further boost their ties and increase their economic and cultural relations.
Turkish President Recep Tayyip Erdogan visited Albania to talk with Prime Minister Edi Rama on strengthening bilateral ties and also inaugurate new apartments funded by Turkey for Albanians left homeless by the 2019 earthquake.
WARSAW, Poland (AP) — A Polish Senate commission opened an investigation into the use of powerful spyware against government critics by hearing testimony Monday from cybersecurity experts, who compared targeting of opposition figures under the right-wing government to methods used by the Kremlin against critics in Russia.
CONAKRY, Guinea (AP) — Former Guinean President Alpha Conde left the country for medical treatment in the United Arab Emirates after spending more than four months in the custody of the military junta that overthrew him, witnesses said Monday.
Dallas Goldtooth, known for his role in the hit FX television series “Reservation Dogs,” slowly swivels in his chair to face the camera in a recent TikTok video. As he looks at the audience, a voice-over announcer says, “When people refuse to get vaccinated but also talk about protecting future generations, that’s stupid.”
COLUMBIA, S.C. (AP) — South Carolina Gov. Henry McMaster is set to brag about his accomplishments and lay out his goals for 2022 on Wednesday at his annual State of the State speech before the General Assembly.
BRUSSELS (AP) — European Commission President Ursula von der Leyen said Monday that she has canceled her in-person appointments at the European Parliament this week after her driver tested positive for COVID-19.
COPENHAGEN, Denmark (AP) — Sweden's domestic security agency said Monday it has taken over the preliminary investigation into drones that last week were seen hovering over or near the country's three nuclear power plants.
INDIANAPOLIS (AP) — A proposed loosening of Indiana’s regulations on nursing education programs is advancing in the Legislature, with supporters saying the step is needed to help address a statewide nursing shortage.
LOS ANGELES (AP) — The U.S. housing market had another scorcher of a year in 2021, aided by low mortgage rates, a swell of demand that outstripped supply and a rebounding job market.
The supply-demand equation remains sharply lopsided heading into the spring home-buying season, which should give sellers the upper hand again.
DUBAI, United Arab Emirates (AP) — The president of South Korea on Monday vowed that his fossil fuel-dependent country and the oil-rich United Arab Emirates would jointly expand their investments in renewable energy to tackle climate change.
PORTLAND, Maine (AP) — China is showing no signs of slowing its demand for American lobster this year despite disruption to the supply chain and international trade caused by the coronavirus pandemic.
LONDON (AP) — Amazon’s British website has backed away from plans to stop accepting Visa credit cards issued in the United Kingdom, saying Monday that the move has been put on hold while talks between the two sides continue.
MOSCOW (AP) — Russian authorities on Monday reported a sharp spike in new coronavirus cases, apparently driven by the rapid spread of the omicron variant health officials warned about last week.
We may think spending money on ourselves will make us happier than spending it on someone else. That belief can make it hard to carve money out of our budgets to give to good causes.
GENEVA (AP) — Seven activists have gone on trial in Switzerland on Monday over charges including alleged trespassing and resisting arrest, over their roles in a campsite protest against the expansion of a limestone quarry in rolling Swiss countryside.
MANILA, Philippines (AP) — People who are not fully vaccinated against COVID-19 were banned from riding public transport in the Philippine capital region Monday in a desperate move that has sparked protests from labor and human rights groups.
BEIJING (AP) — China has restored railway freight traffic with North Korea that had been suspended over pandemic concerns, its foreign ministry said Monday.
Ministry spokesperson Zhao Lijian said the connection across the Yalu River between China’s Dandong and Sinuiju in North Korea had been restored after “friendly consultation between the two sides.”
BANGKOK (AP) — World shares were mixed on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter.
Paris, Frankfurt, Tokyo and Shanghai advanced while Hong Kong and Seoul declined.
A look at some of the key business events and economic indicators upcoming this week:
HOUSING MARKET BELLWETHER
New government data on residential construction should provide insight into the state of the new-home market.
BANGKOK (AP) — Shares were mixed in Asia on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter.
Tokyo, Shanghai and Sydney rose, while Hong Kong and Seoul declined.
LONDON (AP) — Anti-poverty organization Oxfam called Monday for governments to impose a one-time 99% tax on the world's billionaires and use the money to fund expanded production of vaccines for the poor — part of an effort to combat global inequality widened by the coronavirus pandemic.
MILAN (AP) — Jeff Goldblum infused Milan Fashion Week with some levity on Sunday as he shimmied down the Prada runway in a dark overcoat that cast a dramatic silhouette.
The latest menswear collection in the two-year-old collaboration between Miuccia Prada and Raf Simons as co-creative directors was at once elemental and celebratory, presenting elevated versions of everyday pieces.
LOS ANGELES (AP) — On an isolated farm, greenhouses stand in regimental order, sheltered by a fringe of trees. Inside are hundreds of head-high cannabis plants in precise rows, each rising from a pot nourished by coils of irrigation tubing.