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Business

Section
Horror day on Wall Street, Nasdaq loses 4 percent
U.S. stock markets shatter, Dow Jones drops 890 points

NEW YORK, New York - U.S. stocks plunged on Monday, joining a global rout which followed U.S. President Donald Trump not ruling out...

U.S. dollar weighed down by tariffs, stock market woes
U.S. dollar has weak start to new week

NEW YORK CITY, New York - The global foreign exchange market experienced notable shifts on Monday, influenced by escalating trade tensions...

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...

Arizona

Section
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...

Spring training roundup: Marlins rally to tie Nationals 9-9
Spring training roundup: Marlins rally to tie Nationals 9-9

(Photo credit: Sam Navarro-Imagn Images) Michael Snyder hit a solo home run deep to left with one out in the bottom of the ninth,...

Agent: DE Josh Sweat joins Cardinals on 4-year, $76.4M deal
Agent: DE Josh Sweat joins Cardinals on 4-year, $76.4M deal

(Photo credit: Kirby Lee-Imagn Images) Former Philadelphia Eagles pass rusher Josh Sweat agreed to a four-year, $76.4 million contract...

Reports: Broncos agree to 3-year deal with S Talanoa Hufanga
Reports: Broncos agree to 3-year deal with S Talanoa Hufanga

(Photo credit: Mark J. Rebilas-Imagn Images) The Denver Broncos agreed to a three-year deal worth an estimated $45 million with former...