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Business

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US: Refilling oil reserve fully will cost $20 billion, take years
US estimates it will take $20 billion and years to refill oil reserve

WASHINGTON, D.C.: The U.S. Energy Department estimates it will take US$20 billion and several years to refill the Strategic Petroleum...

BP CEO’s pay drops to 5.4 million pounds in 2024
BP says CEO's pay package fell to 5.4 million pounds in 2024

LONDON, U.K.: British Petroleum CEO Murray Auchincloss saw his pay package drop to 5.4 million pounds (US$6.95 million) in 2024, down...

DHL to cut 8,000 German jobs in largest layoff in 20 years
German delivery giant DHL cuts 8,000 jobs, largest in decades

BONN, Germany: DHL plans to cut 8,000 jobs in Germany this year, marking its most significant domestic workforce reduction in at least...

China targets 5 percent growth for 2025 amid economic uncertainty
China keeps its economic growth target at 'around 5 percent' for 2025

BEIJING, China: China has set an economic growth target of around five percent for 2025, signaling efforts to stabilize the economy...

SpaceX denies plans to take over FAA telecom contract
Musk's Starlink denies it wants to take over FAA air traffic contract

WASHINGTON, D.C.: Elon Musk's company SpaceX said this week that its Starlink satellite unit is not trying to take over any Federal...

Newsom mandates four-day in-office work for California state employees
Newsom orders California state workers back four days a week

SACRAMENTO, California: Starting July 1, California state employees will be required to work in person at least four days a week under...

Arizona

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Los Angeles, Pasadena sue Edison over devastating wildfire
LA County, Pasadena, sue Southern California Edison over wildfires

LOS ANGELES, California: Los Angeles County, Pasadena, and other public agencies have sued Edison International and its subsidiary,...

Elon Musk fathers 14th child, third with current partner
Elon Musk has 14th child, a boy

WASHINGTON, D.C.: Multi-billionaire Elon Musk, a close adviser to U.S. President Donald Trump, has welcomed his 14th child. His newest...

Trump vows to cut college funds over "illegal protests"
Trump threatens funding cut to colleges allowing 'illegal protests'

WASHINGTON, D.C.: Former U.S. President Donald Trump says he wants to cut federal funding for colleges that allow what he calls illegal...

Reports: Bucs agree with DE Haason Reddick on $14M deal
Reports: Bucs agree with DE Haason Reddick on $14M deal

(Photo credit: Brad Penner-Imagn Images) Pro Bowl edge rusher Haason Reddick agreed to a one-year deal with the Tampa Bay Buccaneers...

Utah D Juuso Valimaki has season-ending ACL surgery
Utah D Juuso Valimaki has season-ending ACL surgery

(Photo credit: Marc DesRosiers-Imagn Images) Utah Hockey Club defenseman Juuso Valimaki will be sidelined 8-9 months following surgery...

Report: Cardinals re-sign OL Evan Brown to 2-year deal
Report: Cardinals re-sign OL Evan Brown to 2-year deal

(Photo credit: Mark J. Rebilas-Imagn Images) The Arizona Cardinals are bringing back starting left guard Evan Brown on a two-year...