Skip to main content
Updating results

Industry

  • Updated

NEW YORK (AP) — Since early 2020, banks across the U.S. have been banned from foreclosing on homes as part of the federal government’s efforts to assist families feeling economic pain caused by the pandemic. On Saturday, the ban will end, potentially putting thousands of families at risk.

  • Updated

THE HAGUE, Netherlands (AP) — French-Dutch airline group Air France-KLM said Friday that the “first signs of recovery are visible” in bookings amid easing pandemic travel restrictions as it reported a second-quarter net loss of nearly 1.5 billion euros ($1.8 billion).

  • Updated

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of the economy has now surpassed its pre-pandemic level.

  • Updated

NEW YORK (AP) — The founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck startup, duping novice investors including some financially struggling people looking for income during the pandemic.

  • Updated

An estimated 2 million abandoned oil and gas wells across the country, forgotten or ignored by the energy companies that drilled them, are believed to be leaking toxic chemicals. Many of the wells are releasing methane, a greenhouse gas containing about 86 times the climate-warming power of carbon dioxide over two decades. Some are leaking chemicals such as benzene, a known carcinogen, into fields and groundwater.

  • Updated

CRANE, Texas (AP) — Rusted pipes litter the sandy fields of Ashley Williams Watt’s cattle ranch in windswept West Texas. The corroded skeletons are all that remain of hundreds of abandoned oil wells that were drilled long before her family owned the land. The wells, unable to produce any useful amounts of oil or gas, were plugged with cement decades ago and forgotten.

  • Updated

FRANKFURT, Germany (AP) — European plane maker Airbus posted 1.87 billion euros ($2.2 billion) net profit for the second quarter and raised its outlook for plane deliveries as the airlines sector steadied itself amid the devastating impact of the COVID-19 pandemic.

  • Updated

FRANKFURT, Germany (AP) — Germany's auto industry showed more strong results Thursday as Volkswagen's earnings and profit margins beat pre-pandemic levels and the company raised its profit outlook for the year despite an ongoing shortage of key electronic parts that is plaguing the industry as a whole.

  • Updated

BERLIN (AP) — Officials said Wednesday they have little hope of finding five missing workers alive, a day after an explosion at an industrial park for chemical companies in western Germany that killed at least two people and injured 31 others.

  • Updated

WASHINGTON (AP) — In a major step against climate change, President Joe Biden is proposing a return to aggressive Obama-era vehicle mileage standards over five years, according to industry and government officials briefed on the plan. He's then aiming for even tougher anti-pollution rules after that to forcefully reduce greenhouse gas emissions and nudge 40% of U.S. drivers into electric vehicles by decade’s end.

  • Updated

The Defense Department has dragged its feet on protecting service personnel from “forever chemicals” at military installations and isn't doing enough to track health effects from exposure to the toxic compounds, according to an internal audit.

Get up-to-the-minute news sent straight to your device.

Topics