Legal Cannabis Poses A Quandary For US Companies Screening Staff For Drugs
Workers at Wyatt Bassett's furniture factory in Virginia use powerful tools to churn out the company's trademark dressers and headboards, so screening new hires for drugs is a no-brainer.
U.S. Farmers Urge Washington To Challenge Mexico's Looming Ban On GM Corn
Farmers in the United States are urging their government to challenge a looming Mexican ban on genetically modified (GM) corn under a regional free trade agreement, warning of billions of dollars of economic damage to both countries.
Italy Must Cut Energy Bills Even If It Pushes Up Debt, Says Election Centrist
Italy must quickly cut energy bills for firms and households even if it means hiking the country's towering public debt, the leader of a new centrist group competing at this month's elections told Reuters.
Exclusive-Sea Ltd Shuts Ops In Some Latam Countries, Cuts Free Fire Staff In Shanghai
Singapore-based Sea Ltd's e-commerce arm Shopee will exit Argentina and shut local operations in Chile, Colombia and Mexico while its Garena gaming unit will lay off hundreds of staff in Shanghai, people close to the matter said.
Russian Invasion Of Ukraine Caused Over $97 Billion In Damages - Report
Russia's invasion caused over $97 billion in direct damages to Ukraine through June 1, but it could cost nearly $350 billion to rebuild the country, a report released Friday by the World Bank, Ukrainian government and European Commission shows.
Italy's Right Eyes Landslide In 5-Star's Sicilian Strongholds
Like many Sicilians, Agatino Zappala, who runs a delicatessen in the city of Catania, voted for the 5-Star Movement at Italy's last national election in 2018 but will switch his allegiance to the right at this month's vote.
Lula May Tap Running Mate To Head Brazil Economic Policy, Aides Say
Former Brazilian President Luiz Inacio Lula da Silva could tap his centrist running mate and former rival, Geraldo Alckmin, to run economic policy if he wins a third term in October, four of his senior advisors told Reuters.
UN Chief Calls For Massive Help As Pakistan Puts Flood Losses At $30 Billion
U.N. Secretary-General Antonio Guterres appealed to the world for massive help for flood-ravaged Pakistan on Friday as he visited to boost the response to a disaster that the government estimates has caused $30 billion of damage.
Russia Warns The West: Energy Price Cap Will Be Your Undoing
Russia warned the West on Friday that plans to try to cap the price of Russia's oil and gas exports in retaliation for the war in Ukraine would fail and ultimately lead to the instability of the United States and Europe.
Germany's Bakeries Burnt By Rising Energy Prices
German bakery owner Peter Hemmerle is expecting his company's annual electricity bill to quadruple to 1.2 million euros as energy prices have risen since the outbreak of the war in Ukraine.
Explainer-Republicans Push To Restrict Mail-in Voting Ahead Of U.S. November Midterms
The Republican Party has pushed to enact new curbs on mail-in voting, which surged in the 2020 presidential election and fueled former President Donald Trump's false claims that he was robbed of victory by widespread voter fraud.
Rising Costs Fuel Worries About U.S. Airlines' Heavy Debt Loads
A scramble by U.S. carriers to fill empty cockpits is fueling cost pressures just as mounting economic worries have cast a shadow on travel demand, sparking concerns about debt-laden airlines' ability to repair their balance sheets.
BoE To Press On With Rate Hikes Even As Inflation Forecasts Fall
The Bank of England has received a boost in its fight against inflation - at least in the short term - from Prime Minister Liz Truss' huge power bill bailout, but it still looks set to raise interest rates sharply next week.
For Many Weary Chinese, Lockdown Dread Trumps Fear Of COVID
When COVID-19 case numbers started ticking up in the southern Chinese city of Shenzhen last week, Robin Chen got in his car and fled to nearby Huizhou.
Russia Is Preventing Access To Ukraine War Prisoners, UN Says
The head of the U.N. human rights mission in Ukraine said on Friday that Russia is not allowing access to prisoners of war, adding that the U.N.
A Competitive Senate Race In North Carolina Has Republicans Worried
In his campaign for the U.S. Senate in North Carolina, Republican candidate Ted Budd has described himself as a "conservative warrior" and a "liberal agenda crusher." But some of his fellow Republicans worry he is not fighting hard enough.
U.S. Justice Department, Trump Team Due Friday To File List Of Special Master Candidates
The U.S. Justice Department and former President Donald Trump's attorneys are due on Friday to jointly file a list of possible candidates to serve as a special master to review records the FBI seized from the former president's Florida estate.
Biden Visit To Intel Semiconductor Plant To Test His Appeal In Deep-red Ohio
President Joe Biden will make an election-year visit to an overwhelmingly Republican part of Ohio on Friday for the groundbreaking of a semiconductor plant that he will promote as evidence that his economic policies are working.
U.S. Army's Pacific Commander Wants To Keep Rocket Launchers At Frontline Japanese Base
The U.S. Army's Pacific commander, General Charles Flynn, said he is in no rush to withdraw rocket launchers and other equipment from a Japanese army base at the edge of the East China Sea even after the joint training they were used in ended.
Bearing The Scars: One Year Of Turkey's Unorthodox Easing Cycle
Nearly 12 months ago, Turkey's central bank embarked on a rate-cutting cycle in the face of soaring inflation, defying traditional monetary policy and running against a global trend of rising borrowing costs.
Exclusive-China EV Maker Leapmotor Puts Off $1.5 Billion Hong Kong IPO -sources
Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm investor interest, said two sources with direct knowledge of the matter.
Analysis-Kim Jong Un's 'Decapitation' Fears Shine Through In New N.Korea Nuclear Law
A new North Korean law calls for "automatic" nuclear launches if the country's leadership or command and control systems are threatened, underscoring leader Kim Jong Un's fears of a so-called "decapitation" strike, experts said.
BOJ's Kuroda Weighs In To Warn Against 'Rapid' Yen Moves
Bank of Japan Governor Haruhiko Kuroda said rapid yen moves were undesirable after a meeting with Prime Minister Fumio Kishida on Friday, joining a chorus of policymakers lobbing verbal warnings over the currency's recent sharp drop to 24-year lows.
Japan Unveils Near-term Steps To Offset Hit From Rising Prices
Japan's government on Friday unveiled near-term stimulus steps to soften the economic blow of high food and energy prices on low-income households, businesses and farmers.
Analysis-Retail Giant Aeon Holding Out As Japan Dismantles Controversial Listings
As many Japanese firms bow to pressure from shareholders and regulators to end the practice of listing subsidiaries - which critics say compromises corporate governance - one of the country's biggest retailers isn't buying it.
Dollar Dips As Traders Eye Further ECB Hikes, U.S. Inflation Data
The dollar recoiled from recent peaks in Asia on Friday as a hawkish rate hike from the European Central Bank lifted the euro and investors looked to U.S.
Britain's King Charles To Address A Nation In Mourning
Britain's King Charles will address a nation in mourning on Friday following the death of his mother and the country's figurehead, Queen Elizabeth, at the age of 96.
'She Was Extraordinary,' Says New Zealand PM Ardern As The World Mourns The Queen
New Zealand Prime Minister Jacinda Ardern described the death of Queen Elizabeth as the end of a chapter in history, as leaders across the Pacific mourned the death of the 96-year-old monarch.
Slumping U.S. Stock Market Technical Indicators Flash Warning Sign
Indicators that investors use to gauge the health of the U.S.
Canada Agrees To Resettle Afghans Held In UAE Facility, Sources Say
Canada will accept some 1,000 Afghans who fled the Taliban takeover of their homeland and have been held for months in a makeshift refugee centre in the United Arab Emirates awaiting resettlement to the United States and elsewhere, seven sources said.