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Vietnam allows big companies to buy clean energy directly to meet their climate targets

Jul. 24, 2024 00:41 AM EDT

HANOI, Vietnam (AP) — Vietnam will let electricity-guzzling factories buy electricity from wind and solar power producers, helping big companies like Samsung Electronics meet their climate targets and relieving pressure on the country's overstrained grid. The government decree...

They made one-of-a-kind quilts that captured the public's imagination. Then Target came along

Jul. 23, 2024 11:18 AM EDT

Over the past two decades, Gee’s Bend quilts have captured the public’s imagination with their kaleidoscopic colors and their daring geometric patterns. The groundbreaking art practice was cultivated by direct descendants of slaves in rural Alabama who have faced oppression, geographic...

Lawmakers in Nigeria try to resolve rift between authorities and Africa's richest man

Jul. 22, 2024 21:21 PM EDT

ABUJA, Nigeria (AP) — Nigerian legislators on Monday began an investigation into the alleged importation of contaminated fuel into the country, part of efforts to resolve issues causing a rift between an oil refinery owned by Africa’s richest man Aliko Dangote and the industry regulator. ...

Domino's Pizza, Beyond Meat fall; Chuy's, Warner Bros. rise; Thursday, 7/18/2024

Jul. 18, 2024 16:11 PM EDT

Stocks that traded heavily or had substantial price changes on Thursday: Chuy's Holdings Inc. (CHUY), up $12.07 to $37.34. The Tex-Mex chain agreed to be acquired by Darden Restaurants in a deal valuing the company at $605 million. Domino's Pizza Inc....

ASML, Five Below fall; J&J, V.F. Corp. rise; Wednesday, 7/17/2024

Jul. 17, 2024 16:11 PM EDT

Stocks that traded heavily or had substantial price changes on Wednesday: ASML Holding NV (ASML), down $136.14 to $932.06. Bloomberg News said the U.S. is considering severe trade curbs if companies like ASML continue shipping advanced chip tech to China. ...

Demand for rare elements used in clean energy could help clean up abandoned coal mines in Appalachia

Jul. 11, 2024 11:00 AM EDT

MOUNT STORM, W.Va. (AP) — Down a long gravel road, tucked into the hills in West Virginia, is a low-slung building where researchers are extracting essential elements from an old coal mine that they hope will strengthen the nation's energy future. They aren't mining the coal that...

26 million tons of clothing end up in China's landfills each year, propelled by fast fashion

Jul. 10, 2024 16:55 PM EDT

WENZHOU, China (AP) — At a factory in Zhejiang province on China’s eastern coast, two mounds of discarded cotton clothing and bed linens, loosely separated into dark and light colors, pile up on a workroom floor. Jacket sleeves, collars and brand labels protrude from the stacks as workers...

Takeaways from AP's report on how China's textile recycling efforts take a back seat to fast fashion

Jul. 10, 2024 00:17 AM EDT

WENZHOU, China (AP) — China is the world’s largest textile producer and consumer, throwing away 26 million tons of clothes each year, mostly made of unrecyclable synthetics. A recycling factory in Zhejiang province on China’s east coast repurposes discarded cotton clothes to...

Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power

Jul. 08, 2024 18:38 PM EDT

NEW YORK (AP) — The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also...

Morphic Holding, Boeing rise; Paramount, Devon Energy fall, Monday, 7/8/2024

Jul. 08, 2024 16:13 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday. Morphic Holding Inc., up $23.90 to $55.74. Eli Lilly is buying the biopharmaceutical company for $3.2 billion. Boeing Co., up $1.01 to $185.84. The...