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Month: April 2024

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful

By ANNE D’INNOCENZIO AP Business Writer NEW YORK (AP) — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges. Retail sales rose 0.7% last month — almost double what economists had forecast — after rising 0.9% in February, according to Commerce Department data

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Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games

By JOHN LEICESTER Associated Press PARIS (AP) — April 17 marks the 100 days countdown to the Paris Olympics ambitious opening ceremony. The first Games in a century in France’s capital will be judged not only for the sporting spectacle. Another yardstick will be their impact on disadvantaged Paris suburbs away from iconic city-center landmarks

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Ship that caused bridge collapse had apparent electrical issues while still docked, AP source says

By ERIC TUCKER, LEA SKENE and SARAH BRUMFIELD Associated Press BALTIMORE (AP) — Hours before leaving port, the massive container ship that caused the deadly collapse of a Baltimore bridge experienced apparent electrical problems, a person with knowledge of the situation told The Associated Press on Monday, the same day FBI agents boarded the vessel

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EU releases blocked funds of $6.7 billion to Poland as part of its post-pandemic recovery package

WARSAW, Poland (AP) — The European Union has disbursed about $6.7 billion to Poland as a part of the 27-nation bloc’s post-pandemic recovery fund, the biggest single transfer ever to the country. Poland’s former national conservative government, voted out of power in October, made changes to the judiciary which the EU said violated democratic checks

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Islamic State-linked attackers kill at least 11 people and torch vehicles in eastern Congo

By JEAN-YVES KAMALE Associated Press KINSHASA, Congo (AP) — A local official in eastern Congo says extremist-linked rebels attacked villages over the weekend, killing at least 11 people, torching vehicles and taking possessions. Allied Democratic Forces rebels with ties to the Islamic State group have long operated in the border area near Uganda. The United

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Germany’s Scholz calls for fair competition and warns against dumping during China visit

BEIJING (AP) — German Chancellor Olaf Scholz has called for fair competition in trade relations with China while warning about dumping and overproduction while speaking to students in Shanghai on Monday. Scholz is visiting China against the background of possible EU tariffs on Chinese-made electric vehicles and other trade-related tensions. The two countries are also

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With ‘functional’ beverages, brands rush to quench a thirst for drinks that do more than taste good

By DEE-ANN DURBIN and LOUISE DIXON Associated Press Supermarket beverage aisles are starting to look a lot more like a pharmacy. There are sodas made with mushrooms that supposedly improve mental clarity and juices packed with bacteria that claim to enhance digestive health. Water infused with collagen carries the promise of better skin, and energy

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Abortion in Germany should be decriminalized during pregnancy’s first 12 weeks, experts recommend

By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — An independent expert commission has recommended that abortion in Germany should no longer fall under the country’s penal code and be made legal during the first 12 weeks of pregnancy. Currently, abortion is considered illegal in Germany, but not punishable if a woman undergoes mandatory counseling and

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Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

By JOSH BOAK Associated Press WASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced Monday by the Commerce Department is part of a total investment in the cluster

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