Year: 2022

By JENNIFER PELTZ and GEOFF MULVIHILL Associated Press NEW YORK (AP) — A sense of closure is mixing with anger and pain for some of the nearly two dozen people who told their personal stories to members of the family that owns OxyContin maker Purdue Pharma. It happened via video Thursday at an extraordinary bankruptcy

By JOSH BOAK, CHRIS MEGERIAN and ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine. He said the U.S. will also ban imports of

By MARI YAMAGUCHI Associated Press OKUMA, Japan (AP) — Eleven years after the Fukushima Daiichi nuclear power plant was ravaged by a meltdown following a massive earthquake and tsunami, most of the radioactive debris blasted by hydrogen explosions has been cleared and torn buildings fixed. The plant now looks like a sprawling construction site. But

By CHRIS MEGERIAN Associated Press WASHINGTON (AP) — The giant American Rescue Plan that provides $1.9 trillion in pandemic relief turns one year old on Friday. The money has been distributed to a variety of different efforts. Among them, about $50 billion went toward coronavirus testing, contact tracing and laboratory upgrades. Vaccine distribution received $15

By CHRIS MEGERIAN and ZEKE MILLER Associated Press WASHINGTON (AP) — It’s been one year since President Joe Biden signed into law the American Rescue Plan. The $1.9 trillion package of relief measures was designed to fight the coronavirus pandemic and help the economy rebound. Although it was heralded as an early success for Biden,

By SARA CLINE Associated Press/Report for America PORTLAND, Ore. (AP) — The mayor of Portland, Oregon, recently banned camping on the sides of certain roadways, and officials are exploring other aggressive options to combat homelessness. An increasing numbers of liberal cities like Portland, Seattle and New York are cracking down on encampments after years of

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks fell again after another bumpy day of trading on Wall Street Friday, marking the fourth losing week in the last five. Uncertainty about the war in Ukraine and persistently high inflation have continued to knock markets around. The S&P 500 gave

RIYADH, Saudi Arabia (AP) — Saudi Arabia says a drone attack started a small fire at an oil refinery in the capital, Riyadh, but it didn’t cause any injury or affect supplies. The energy ministry said the attack occurred before dawn on Thursday but didn’t say from where the drone strike was launched. Yemen’s rebel