By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Hampered by COVID-19 cases and supply shortages, the U.S. economy slowed sharply to a 2% annual growth rate in the July-September period, the weakest quarterly expansion since the recovery from the pandemic recession began last year. The government estimate fell below expectations and would have been
Continue Reading
By Shawna Mizelle and Chandelis Duster, CNN A bipartisan group of congressional members and the Washington press corps returned to the field on Wednesday to face off in the Congressional Women’s Softball Game after months of delay, a collegial event that carried a message of hope and awareness. The game, typically held in June and
Continue Reading By SYLVIA HUI Associated Press LONDON (AP) — A lawyer defending WikiLeaks founder Julian Assange has argued that promises offered by the U.S. government that he would not be subjected to harsh prison conditions if he is extradited to face American justice are not enough to address concerns about his fragile mental health and high
Continue Reading
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to a pandemic low last week, another sign that the job market and economy continue to recover from last year’s coronavirus recession. Jobless claims dropped by 10,000 to 281,000, lowest since mid-March 2020, the Labor Department said
Continue Reading BRUSSELS (AP) — The European Union’s chief executive is calling for climate leadership ahead of two major international meetings focused on curbing global warming. European Commission President Ursula von der Leyen warned Thursday that the world is facing “a moment of truth.” World leaders are gathering in Rome for a weekend summit of the Group
Continue Reading
By Nathaniel Meyersohn, CNN Business It’ll be a very merry Christmas for America’s biggest retailers. Retail sales in November and December are expected grow between 8.5% and 10.5% this year compared with the 2020 holiday season, to a record of up to $859 billion, the National Retail Federation, a trade group for retailers, said Wednesday.
Continue Reading By TOM MURPHY AP Health Writer The blockbuster cancer treatment Keytruda and the vaccine Gardasil pushed Merck well past Wall Street’s third-quarter expectations, even as COVID-19 sapped demand for another vaccine. The drugmaker said Thursday that sales of its pneumonia vaccine, Pneumovax 23, tumbled 26% in the quarter to $277 million. That was mainly because
Continue Reading
PARIS (AP) — Defending champion Lille is trying just to stay in the top half of the standings instead of challenging at the top of the French league. Lille has been struggling with consistency in its bid to back up the team’s unexpected title triumph and currently occupies 10th place in the 20-team league. It’s
Continue Reading
By Katie Hunt, CNN The great-grandson of the legendary Lakota Sioux Chief Sitting Bull has been confirmed as his closest living relative using an innovative new DNA technique applied to hair taken from the Native American leader’s scalp lock. People had tried to question Ernie LaPointe’s relationship with Sitting Bull, who was also known as
Continue Reading By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — Barcelona has named reserve team coach Sergi Barjuan its caretaker coach following the firing of Ronald Koeman. Former midfielder Xavi Hernández appears to be the leading candidate to take over full-time. But Xavi would have to free himself from his job coaching Qatari club Al-Sadd. Barjuan
Continue Reading NAIROBI, Kenya (AP) — An Ethiopian government spokesman says a new airstrike has hit the capital of the country’s Tigray region following several days of such strikes last week, and a Tigray spokesman asserts that six people have been killed, as the year-long war intensifies. The government spokesman tells The Associated Press that Thursday’s airstrike
Continue Reading By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The European Central Bank has decided to keep its pandemic stimulus efforts unchanged even as consumer prices spike and central banks in other parts of the world look to dial back support as their economies bounce back from the worst of the COVID-19 outbreak. The
Continue Reading By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The European Central Bank has decided to keep its pandemic stimulus efforts unchanged even as consumer prices spike and central banks in other parts of the world look to dial back support as their economies bounce back from the worst of the COVID-19 outbreak. The
Continue Reading
By Julia Horowitz, CNN Business As world leaders prepare to gather in Glasgow for the COP26 climate summit, an activist investor is telling one of the biggest oil and gas companies it needs to change, fast. What’s happening: Hedge fund Third Point just revealed that it has built up a stake in Shell and will
Continue Reading
By Jordan Valinsky, CNN Business A prominent venture capitalist is under fire for calling new dads “losers” if they take months of paternity leave. Palantir cofounder Joe Lonsdale responded to a tweet Wednesday about US Transportation Secretary Pete Buttigieg, who took off work to care for his twin newborns. “Any man in an important position
Continue Reading By LEANNE ITALIE AP Entertainment Writer NEW YORK (AP) — How did Gordon Ramsay spend his pandemic lockdown? Getting frenetic in a kitchen, of course. The chef with a dizzying number of books, restaurants and TV shows was home in Cornwall, England, with mouths to feed last year when he did a series of lives
Continue ReadingMariana Toro (CNN) — Una vacuna contra el covid-19 podría estar disponible para los niños pequeños pronto, y los líderes de salud pública dicen que vacunarlos podría ayudar a poner fin a la pandemia, pero solo si los padres en efecto los vacunan. Una nueva encuesta sugiere que, en el mejor de los casos, eso
Continue ReadingCNNEE (CNN Español) — Sergi Barjuan tomará las riendas del Barcelona como entrenador interino, anunció este miércoles el club. “El FC Barcelona informa que Sergi Barjuan, actual entrenador del Barça B, se hará cargo de forma provisional de la dirección técnica de la primera plantilla. El interinaje en el banquillo del primer equipo cerrará en
Continue Reading By ANNA LIZ NICHOLS Associated Press/Report for America LANSING, Mich. (AP) — A program at the University of Michigan to combat struggles that low-income and first-generation college students can face is getting $40 million from the Judy and Fred Wilpon Family Foundation. Former New York Mets owner and real estate developer Fred Wilpon alongside his
Continue Reading By ANNA LIZ NICHOLS Associated Press/Report for America LANSING, Mich. (AP) — A program at the University of Michigan to combat struggles that low-income and first-generation college students can face is getting $40 million from the Judy and Fred Wilpon Family Foundation. Former New York Mets owner and real estate developer Fred Wilpon alongside his
Continue Reading