Latest Business News

Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed

Nov. 23, 2024 23:20 PM EST

ABUJA, Nigeria (AP) — When Nigeria's President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa's most populous country, Ahmed Halilu knew his e-hailing cab business in the capital, Abuja, was about to run into huge losses. Transportation costs...

A $300B a year deal for climate cash at UN summit sparks outrage for some and hope for others

Nov. 23, 2024 20:46 PM EST

BAKU, Azerbaijan (AP) — United Nations climate talks adopted a deal to inject at least $300 billion annually in humanity’s fight against climate change, aimed at helping developing nations cope with the ravages of global warming in tense negotiations. The $300 billion will go to...

Trump's Republican Party is increasingly winning union voters. It's a shift seen in his labor pick

Nov. 23, 2024 16:44 PM EST

WASHINGTON (AP) — Working-class voters helped Republicans make steady election gains this year and expanded a coalition that increasingly includes rank-and-file union members, a political shift spotlighting one of President-elect Donald Trump’s latest Cabinet picks: a GOP congresswoman, who has...

Tens of thousands of Spaniards protest housing crunch and high rents in Barcelona

Nov. 23, 2024 16:13 PM EST

BARCELONA, Spain (AP) — Tens of thousands of Spaniards marched in downtown Barcelona on Saturday to protest the skyrocketing cost of renting an apartment in the popular tourist destination. Protesters cut off traffic on main avenues in the city center, holding up homemade signs in...

Even with access to blockbuster obesity drugs, some people don't lose weight

Nov. 23, 2024 13:06 PM EST

Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And...

Hydrate. Make lists. Leave yourself time. And other tips for reducing holiday travel stress

Nov. 23, 2024 10:55 AM EST

Travel can be stressful in the best of times. Now add in the high-level anxiety that seems to be baked into every holiday season and it's clear that travelers could use some help calming frazzled nerves. Travel pros say there is plenty you can do ahead of time to make for a happier...

Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts

Nov. 23, 2024 09:42 AM EST

MEXICO CITY (AP) — Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America, and officials here are afraid a re-elected Donald Trump or politically struggling Canadian Prime Minister Justin Trudeau could try to leave their...

Moody's credit rating upgrade for Cyprus opens the door to investment, president says

Nov. 23, 2024 05:22 AM EST

NICOSIA, Cyprus (AP) — Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will generate new jobs, the president said Saturday. President Nikos Christodoulides said in a statement that the rating agency’s...

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary

Nov. 23, 2024 00:10 AM EST

WASHINGTON (AP) — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee. The Republican not only wanted someone who jibes with him, but an official who can...

What to know about Lori Chavez-DeRemer, Trump's pick for labor secretary

Nov. 22, 2024 23:43 PM EST

WASHINGTON (AP) — President-elect Donald Trump on Friday named Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor in his second administration, elevating a Republican congresswoman who has strong support from unions in her district but lost reelection in November. ...