Tag: Economy
EXPLAINER: What’s a SPAC, the latest craze on Wall Street?
<p>CHARLOTTE, N.C. — WeWork will <a href="https://apnews.com/article/initial-public-offerings-48e5702c27b708c880938d42bf180b9c">finally go public this year</a>, allowing investors to buy and sell its shares. But not through a traditional...
Spielberg donates Genesis Prize money to justice nonprofits
NEW YORK — Steven Spielberg said Thursday that he will donate his $1 million Genesis Prize to 10 nonprofits that are working for racial...
Migrants stuck in Spain’s Canary Islands say camps are unfit
<p>SAN CRISTOBAL DE LA LAGUNA, Spain — While Spain has criticized Europe for not sharing responsibilities on migration, the country is finding itself under...
Fed says restrictions on bank dividends and buybacks to end
WASHINGTON — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had imposed...
EXPLAINER: N. Korean missile tests follow same old playbook
<p>SEOUL, South Korea — New U.S. president, same old North Korean playbook. </p>
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EU to offer Turkey aid, trade help despite rights concerns
<p>BRUSSELS — European Union leaders are set Thursday to provide new incentives to Turkey to improve cooperation on migration and trade despite democratic backsliding...
EU leaders faced with surge of infections, vaccine issues
<p>BRUSSELS — European Union leaders are meeting Thursday to look for ways of ramping up COVID-19 vaccinations across the 27-nation region amid a shortage...
Powell likens emergency Covid efforts to efforts at Dunkirk
<p>WASHINGTON — Federal Reserve Chairman Jerome Powell compared the actions taken by the central bank early in the pandemic as the economy barreled toward...
Uyghurs in Turkey protest Chinese foreign minister’s visit
<p>ISTANBUL — Hundreds of Uyghurs staged protests in Ankara and Istanbul on Thursday, denouncing Chinese Foreign Minister Wang Yi’s visit to Turkey and demanding...
Recharged: Energy seen as big winner after disastrous 2020
<p>Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and...