Latest Business News
With home prices up more than 50%, some states try to contain property taxes
For retirees Tom and Beverly McAdam, the good news is the value of their two-bedroom home in suburban Denver has risen 45% since they purchased it more than six years ago. That's also the bad news, costing them thousands more in real estate taxes and leaving less for discretionary...
Oil producers led by Saudis face a decision on whether to extend production cuts as oil prices lag
FRANKFURT, Germany (AP) — Saudi Arabia and allied oil producing countries face a decision Sunday on whether to extend production cuts set to expire next month — a move that could push oil prices higher as the summer travel season increases demand for fuel and as the U.S. presidential election...
An apartment building collapsed in Istanbul and rescue crews are working to free people trapped
ISTANBUL (AP) — Emergency workers were trying to rescue people trapped after an apartment building collapsed in the Turkish city of Istanbul on Sunday. TV images showed firefighters shifting rubble by hand from the flattened five-story building in Kucukcekmece on the city’s...
Boeing's first astronaut flight called off at the last minute in latest setback
CAPE CANAVERAL, Fla. (AP) — Last-minute computer trouble nixed Saturday’s launch attempt for Boeing’s first astronaut flight, the latest in a string of delays over the years. Two NASA astronauts were strapped in the company’s Starliner capsule when the countdown automatically...
Downtown Atlanta water service disrupted, forcing business closings and water boil notice
Atlanta officials were slowly repressuring the city's water system Saturday after corroding water pipes burst in downtown and Midtown, forcing many businesses and attractions to close and affecting water service in area homes. The city was handing out cases of water and setting up...
The ANC party that freed South Africa from apartheid loses its 30-year majority in landmark election
JOHANNESBURG (AP) — The African National Congress party lost its majority in a historic election result Saturday that puts South Africa on a new political path for the first time since the end of the apartheid system of white minority rule 30 years ago. With more than 99% of votes...
Kuwait's emir names new crown prince, Sheikh Sabah Khalid Al Sabah
DUBAI, United Arab Emirates (AP) — Kuwait's ruling emir on Saturday named the small nation's new crown prince, nearly six months after he took the throne. Sheikh Sabah Khalid Al Sabah will become next in line to the throne, the state-run KUNA news agency reported. ...
With strawberries and goats, a ‘farmastery’ reaches out to its neighbors
HILLSBOROUGH, N.C. (RNS) — On a warm, sunny morning in farm country, a group of 40 preschoolers and their parents fanned out across several rows of crops to pluck strawberries from beneath crowns of green leaves. Later, the children sliced the berries they had gathered and added...
LGBTQ+ Pride Month is starting to show its colors around the world. What to know
Pride Month, the worldwide celebration of LGBTQ+ culture and rights, kicks off Saturday with events around the globe. But this year’s festivities in the U.S. will unfold against a backdrop of dozens of new state laws targeting LGBTQ+ rights, particularly transgender young people. ...
Panama prepares to evacuate first island in face of rising sea levels
GARDI SUGDUB, Panama (AP) — On a tiny island off Panama’s Caribbean coast, about 300 families are packing their belongings in preparation for a dramatic change. Generations of Gunas who have grown up on Gardi Sugdub in a life dedicated to the sea and tourism will trade that next week for the...
