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AP National Business

Biden plan would open leases to conservation, not just drilling and grazing

By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — The Biden administration wants to put conserving vast government-owned lands on equal footing with oil drilling, livestock grazing and other interests, according to a top administration official who defended the idea against criticism that it could sideline industry. The proposal would allow conservationists and others to

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Vending machines are the latest tool for fighting opioid overdoses

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Vending machines that have long been stocked with snacks are getting repurposed to distribute life-saving supplies to help fight the opioid epidemic. A growing number of cities and local governments are making so-called “harm reduction” items, including the overdose-reversal drug naloxone, available for free via machines.

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IMF: Sri Lanka’s crisis-hit economy likely to resume growth in 2024 after contracting 3% this year

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — The International Monetary Fund says Sri Lanka’s crisis-hit economy is expected to resume growing in 2024 after contracting 3% this year. Krishna Srinivasan, the IMF’s director for Asia and Pacific, says expected economic growth of 1.5% next year hinges critically on the economic reform program

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IMF: Sri Lanka’s crisis-hit economy likely to resume growing in 2024 after contracting 3% this year

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — The International Monetary Fund says Sri Lanka’s crisis-hit economy is expected to resume growing in 2024 after contracting 3% this year. Krishna Srinivasan, the IMF’s director for Asia and Pacific, says expected economic growth of 1.5% next year hinges critically on the economic reform program

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EU backs Microsoft buying Call of Duty maker Activision Blizzard. But the $69B deal is still at risk

By KELVIN CHAN AP Business Writer LONDON (AP) — The European Union has approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard. The EU said Monday that it decided the deal won’t stifle competition for popular console titles like Call of Duty and accepted the U.S. tech company’s remedies to boost competition in

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