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A watch and 4 advisories in effect for 19 regions in the area

See the complete list

WEATHER ALERT

A watch and 4 advisories in effect for 19 regions in the area

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BUSINESS


3 hours ago

Fate of 2,500 Ukrainian POWs from steel plant stirs concern

As the West rallies behind Ukraine in its war with Russia, Polish President Andrzej Duda has arrived in Ukraine on an unannounced visit.

5 hours ago

Biden highlights Hyundai announcement of $10B US investment

President Joe Biden is tending to both business and security interests as he wraps up a three-day visit to South Korea on Sunday.

17 hours ago

8 more bodies found in Kashmir tunnel collapse, toll at 9

Officials say rescuers have found the bodies of eight more workers in Indian-controlled Kashmir, taking the death toll to nine after part of a tunnel collapsed in the Himalayan region.

18 hours ago

Russia cuts off gas exports to Finland in symbolic move

Russia has halted natural gas exports to neighboring Finland.

20 hours ago

Biden signs $40B for Ukraine assistance during Asia trip

President Joe Biden has signed legislation granting Ukraine another $40 billion in U.S. support as it continues to battle a Russian invasion.

1 day ago

Russia's claim of Mariupol's capture fuels concern for POWs

As the West rallies behind Ukraine in its war with Russia, Polish President Andrzej Duda has arrived in Ukraine on an unannounced visit.

1 day ago

Power Rangers actor charged with paycheck protection fraud

The actor who played the Red Power Ranger in the “Mighty Morphin Power Rangers” films and television series has been charged with wire fraud conspiracy relating to the COVID-19 Paycheck Protection Program.

1 day ago

Boeing docks crew capsule to space station in test do-over

Boeing's astronaut capsule has arrived at the International Space Station in a critical repeat test flight.

1 day ago

Judge dismisses lawsuit against Musk, Tesla and Twitter fan

A federal judge has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, the company and a Musk supporter.

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1 day ago

Trump pays $110K fine, must submit paperwork to end contempt

Former President Donald Trump has paid the $110,000 in fines he racked up after being held in contempt of court for being slow to respond to a civil subpoena issued by New York’s attorney general.

1 day ago

The AP Interview: US trade rep. sees opportunity in recovery

The top U.S. trade negotiator says with world economies all suffering from more than two years of the coronavirus pandemic and global supply problems exacerbated by Russia’s invasion of Ukraine, the United States has an “incredible opportunity” to engage with other nations and forge new partnerships and agreements.

1 day ago

Musk denies sexual misconduct allegation by flight attendant

Tesla and SpaceX CEO Elon Musk has denied a claim of sexual misconduct by a SpaceX flight attendant who worked on his private jet in 2016.

1 day ago

Broadcast TV's reduced role made clear in fall presentations

There were constant reminders this past week, when major entertainment companies hawked their wares to advertisers in Manhattan presentations, of the diminished role of broadcast networks.

1 day ago

Netflix pays $59 million to settle tax dispute in Italy

Netflix has agreed to pay more than $59 million to settle a tax dispute in Italy.

1 day ago

Energy secretary: We must find a solution for nuclear waste

The U.S. energy secretary says it is critical to find a solution for storing the nation’s spent nuclear fuel.

1 day ago

Japan welcomes new US Indo-Pacific economic initiative

Japan is welcoming a new U.S. economic initiative for the Indo-Pacific that President Joe Biden is expected to roll out during a visit to Tokyo next week because it demonstrates American commitment to a regional economic order that is not just about market access.

1 day ago

Russia to cut Finland's natural gas in latest energy clash

Finland's state-owned energy company says Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles.

1 day ago

N Ireland party leader pans Pelosi's warning on Brexit terms

U.S. House Speaker Nancy Pelosi is facing criticism from the leader of Northern Ireland’s biggest unionist party after saying Congress won’t approve a trade deal with the U.K. if Britain scraps the agreement governing post-Brexit trade on the Irish island.

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1 day ago

Farmer sues VW over climate change; German court has doubts

A court in Germany cast has doubt on claims by a German farmer that automaker Volkswagen is partly responsible for the impact that global warming is having on his family business.

2 days ago

Live updates | Zelenskyy: Russia should pay for destruction

President Volodymyr Zelenskyy devoted his nightly video address to Ukraine’s demand that Russia be held financially responsible for the damage its forces are inflicting on Ukraine.

2 days ago

'I can’t see the light': War fuels surging prices in Europe

Russia's war in Ukraine has accelerated inflation across Europe, with prices for energy, materials and food surging at rates not seen for decades.

2 days ago

Asian stocks rise after Wall St slips closer to bear market

Asian stock markets have advanced after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation rose.

2 days ago

Final-hour rally yanks Wall Street from maw of bear market

Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year.

2 days ago

Biden: SKorean chip plant a model for deeper ties to Asia

President Joe Biden is visiting a South Korean computer chip factory that is the model for a similar plant to be built in Texas.

2 days ago

Sri Lanka closes schools, limits work amid fuel shortage

Schools are closed and public officials are staying home from work Friday in Sri Lanka.

2 days ago

Russia claims to have taken full control of Mariupol

Russia claims to have captured Mariupol in what would be its biggest victory yet in its war with Ukraine.

2 days ago

N. Korea’s low death count questioned amid COVID-19 outbreak

North Korea says that nearly 10% of its 26 million people have fallen ill and 65 people have died amid its first COVID-19 outbreak.

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2 days ago

Proposed Nebraska mine has sizeable deposit of rare elements

The mining company that wants to extract a rare heat-resistant element from the ground under southeast Nebraska says a new report shows the deposit it plans to mine holds a significant amount of other rare elements.

2 days ago

Houston coffee shop serves kindness and opportunities for foster children

Stronger Houston: A Houston coffee shop is making it a mission to help teens who age out of the foster care system.

2 days ago

Boeing crew capsule launches to space station on test redo

Boeing's crew capsule has blasted off on a repeat test flight to the International Space Station.

2 days ago

Arizona developer's lawyer wants to rebut US House charges

An attorney for an Arizona real estate developer who was referred to the Department of Justice for a criminal investigation by congressional Democrats wants to publicly rebut the allegations.

2 days ago

Carbon removal technologies to get $3.5B federal investment

The federal government is investing in machines that suck giant amounts of carbon dioxide out of the air in the hopes of reducing damage from climate change.

2 days ago

Canada bans China’s Huawei Technologies from 5G networks

Canada says wireless carriers in the country won’t be allowed to install Huawei equipment in their high-speed 5G networks.

2 days ago

Parents convicted in college scam remain free during appeal

Two men convicted of buying their kids’ way into school as part of the college admissions bribery scheme can stay out of prison while they appeal their cases.

2 days ago

Relics and militants: Vatican fraud trial sprawls the globe

The Vatican’s financial trial has taken a surreal turn with a defendant asserting she escorted two emissaries of Russian President Vladimir Putin into the Holy See to negotiate the return of relics to the Russian Orthodox Church.

2 days ago

WhatsApp adds messaging tools to attract businesses

WhatsApp parent Meta is moving forward with its push to attract businesses to its popular chat app.

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2 days ago

EXPLAINER: ESG investing and the debate surrounding it

After starting as a niche corner of the finance world, ESG investing has since exploded to become a major force on Wall Street _ and the latest front in the nation’s cultural schism.

2 days ago

GOP directs culture war fury toward green investing trend

Red state officials are coming out swinging against growing Wall Street efforts to consider environmental risk in investment decisions.

2 days ago

House approves bill to take aim at gasoline ‘price gouging’

A closely divided House has approved legislation to crack down on alleged price gouging by oil companies as prices at the pump continue to soar.

2 days ago

New Twitter policy aims to pierce fog of war misinformation

Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories.

2 days ago

20 years after spate of hospital deaths, ex-worker accused

Twenty years after a spate of deaths at a rural Missouri hospital, a former worker has been charged with murder.

2 days ago

Home sales tumble again as mortgage rates surge

Sales of previously occupied U.S. homes slowed in April for the third month in a row as mortgage rates surged, driving up borrowing costs for would-be homebuyers as home prices soared to new highs.

2 days ago

Fed nominee Michael Barr calls inflation 'far too high'

President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation.

2 days ago

Average long-term U.S. mortgage rates edge down to 5.25%

Average long-term U.S. mortgage rates retreated modestly this week, but interest on the key 30-year loan remains at decade-high levels.

2 days ago

FDA head: Baby formula factory could reopen by next week

The Food and Drug Administration's commissioner says a shuttered baby formula factory could be up and running by next week.

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2 days ago

McDonald’s finds a buyer for Russian restaurants

McDonald’s said Thursday it has begun the process of selling its Russian business to one of its licensees in the country.

2 days ago

'Twitter philanthropy' reveals chasms in social safety net

Practically every minute of every hour, someone sends a tweet to Bill Pulte, a 33-year-old private-equity investor and heir to the mammoth PulteGroup homebuilding company.

2 days ago

More Americans apply for jobless benefits last week

More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low.

2 days ago

Indonesia lifts ban on cooking oil export as supply improves

Indonesia is lifting a monthlong ban on palm oil export, citing improvements in the supply and domestic price of bulk cooking oil.

2 days ago

Inflation, Russia-Ukraine war draw G7 finance leaders' focus

Finance ministers for the Group of Seven leading economies are grappling with deepening inflation concerns and the immediate effects of Russia’s war in Ukraine, with U_S_ Treasury Secretary Janet Yellen warning that it all adds up to a “very difficult economic situation.”.

Morrisons rescues McColl's taking on all 16,000 staff

The supermarket chain has beaten a rival offer from EG Group which is owned by billionaire Issa brothers.

bbc.co.uk

Zara threatens legal action over Darlington boutique brand

The high street fashion giant claims Darlington-based House of Zana is "conceptually identical".

bbc.co.uk

John Lewis restores bonus as department store sales surge

The retailer is bringing back staff rewards after being forced to scrap them last year amid losses.

bbc.co.uk

What the IRS backlog means for you

The pandemic has caused a massive backlog at the IRS. The Post's Michelle Singletary explains how your taxes might be impacted this year.

washingtonpost.com
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A bill in the Arizona House would punish banks that refuse business from gun firms

Bankers are resisting the bill, calling it government overreach and saying lawmakers are creating a problem with a non-issue in Arizona.

npr.org

Indian tea start-ups search for an exotic edge

Indian tea start-ups are rediscovering indigenous ingredients for teas and infusions to stay ahead.

bbc.co.uk

Behind on your taxes? Here’s how to catch up

The Post’s personal finance columnist Michelle Singletary explains what to do if you haven’t filed your taxes consistently.

washingtonpost.com

Taxes on PayPal, Venmo and Zelle payments: What you need to know

Using Venmo, PayPal and Cash App to accept payments for your small business? Here’s what the new tax law says.

washingtonpost.com

Nottinghamshire grandfather bags £2,700 win from 3p bet

Janus Wagonback - known as George - successfully predicted 10 draws to get the big win.

bbc.co.uk

What's one thing young professionals can do to save for their future?

Personal finance columnist Michelle Singletary explains why saving for retirement is the best way to invest in your future.

washingtonpost.com

Covid: 'Plan B was a catastrophe for our coffee shop'

End of work-from-home guidance a boost for hospitality, while nightclubs welcome scrapping of covid passes.

bbc.co.uk

Panini: The sticker firm celebrating 60 years

How the football sticker maker survived a thieving tycoon and competition from Lycra-clad wrestlers.

bbc.co.uk

Where BlackRock Sees Value in India’s Biggest IPO

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

washingtonpost.com
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Where BlackRock Sees Value in India’s Biggest IPO

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

washingtonpost.com

TV-radio listings: Oct. 18

Television

chron.com

Labour: Has Sir Keir Starmer stood by his pledges?

As Sir Keir prepares for his first in-person conference as leader, we look at the promises he has made.

bbc.co.uk

Pimlico Plumbers sold to US firm Neighborly

The deal will see founder Charlie Mullins offload his 90% stake in the group.

bbc.co.uk

How Jana Partners could shake up telecom provider Vonage in a bid to boost value

Activist investor Jana Partners could look for different routes to improve Vonage’s value.

cnbc.com

First UK LGBT business champion appointed

Iain Anderson says he will work to "build a bridge" between the government and LGBT community.

bbc.co.uk

Ask Amy: Cowboy needs to wrangle human predators

His wife’s children and grandchildren don’t follow the rules of the ranch.

washingtonpost.com

East Chicago woman indicted for wire fraud in COVID aid scheme, feds say

The two counts against Natasha Weeks, 29, were filed Aug. 18 and unsealed Monday in the U.S. District Court in Hammond, according to filings.

chicagotribune.com

Miss Manners: In a traffic dispute, shaking one’s head isn’t minding one’s own business

Pedestrian didn’t intend to interject, but “advice” was almost involuntary.

washingtonpost.com
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Ask Amy: Post-divorce disclosure brings about dilemma

Ex-husband reveals that he had a son with another woman. Should reader tell her sons?

washingtonpost.com

The Amazon sellers who sold up and became millionaires

Small e-commerce entrepreneurs have thrived in lockdown - now big money wants to buy them out.

bbc.co.uk

Lady Gaga had a 'psychotic break' after sexual assault left her pregnant

The star says she had a "psychotic break" after being attacked by a male record producer.

bbc.co.uk

Texas Law Now Allows Alcohol To Go From Restaurants After Gov. Greg Abbott Signs Bill – Houston Public Media

House Bill 1024 allows beer, wine and mixed drinks to be included in pickup and delivery food orders, securing a revenue stream made available to restaurants during the pandemic when their dining areas were forced to close.

houstonpublicmedia.org

Illinois faces major challenges amid COVID fallout as Speaker Madigan struggles to hold on to power

Since no official business can be conducted by the House until a speaker is elected, a lengthy balloting process could ensue while pressing matters such as the state budget and pandemic recovery are held in abeyance. Madigan, some Democrats contend privately, is counting at the very least on attrition to eventually return him as speaker as issues mount.

chicagotribune.com

Chicago alderman who got contributions from pet store owner flips on anti-puppy mill law

“I don’t want to see anyone go out of business,” he said. “That was never the intent. But I would rather see them go out of business than see them sell dogs unethically and defraud the public.”

chicagotribune.com

Lobbying in Q1 topped a record $938 million, but lobbyists say their profession is misunderstood

In the first quarter of 2020, the total amount spent on lobbying, about $938 million, reached the highest on record, according to the Center for Responsive Politics. The health sector, which spent $168 million on lobbying efforts, received $150 billion in coronavirus relief aid, according to Advisory Board. The airline industry, which spent $29 million on lobbying, received $32 billion in relief aid, according to the Peter G. Peterson Foundation, and agribusiness, which spent $38 million, received $19 billion in aid, CRP said. The lobbying industry is arguably the U.S. government's oldest profession and is protected by the First Amendment. The misconception about lobbyists is that "we walk around with bags of money and say, 'Vote our way' or 'Oppose this.'

cnbc.com

Asia Today: Duterte easing lockdown in Philippine capital

The government continues to ease the lockdown which was set to prevent the spread of the new coronavirus in the country. Duterte made the televised announcement hours after the Department of Health reported a single-day spike of 539 infections, more than 60% of them in the congested capital. The Health Ministry's new figures on Friday show India now has 165,799 cases with 4,706 deaths, which both now exceed China. The figures announced by the Korea Centers for Disease Control and Prevention brought national totals to 11,402 infections and 269 deaths. China on Friday again reported no new daily increase in cases of coronavirus and no new deaths.

GOP lawyer fights California governor on stay-at-home orders

She is one of Californias two elected members of the Republican National Committee, and shes a co-chair of Women for Trump that is part of the presidents reelection campaign. She chaired the city's Republican Party before winning election as vice chair of the state GOP in 2013. The governor's policies and the policies of counties are falling more heavily on Democrats than Republicans because there are more Democrats than Republicans in the state, Dhillon said. Dhillon represented the California Republican Party in a successful challenge last year to a law aimed at requiring Trump to release his tax returns to be on the California ballot. In fact its reinforcing the bad image of the Republican Party," he said of Dhillon's recent lawsuits.

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Virus taking hold in rural, old plantation region of Alabama

In this May 27, 2020, photo, health care worker Tonya Wilkes adjusts her mask while working at a Lowndes County coronavirus testing site in Hayneville, Ala. (AP Photo/Jay Reeves)HAYNEVILLE, Ala. Sparsely populated Lowndes County, deep in Alabama's old plantation country, has the sad distinction of having both the states highest rate of COVID-19 cases and its worst unemployment rate. Lowndes and nearby poor, mostly black counties in rural Alabama are facing an increase in confirmed infections. I worry about Lowndes County, said Thomas. Dr. Scott Harris, the state health officer, said the state saw its highest number of new cases since the pandemic began in recent days.

White House punts economic update as election draws near

Paul Winfree, a former Trump White House director of budget policy, doubted that the holdup on the economic update was on Trump's radar. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, noted that the law requires the White House to update its budget forecast. In 2017, the Trump administration criticized the Obama administration for rosy expectations of growth during the Great Recession more than a decade ago. An updated forecast in the mid-session review could make the Trump White House a similar target for criticism. This is a White House that is in denial about the trajectory of the economy.___Associated Press writers Alexandra Jaffe and Emily Swanson in Washington contributed to this report.

Asia shares fall as US-China tensions douse rally on Wall St

Shares fell Friday in Asia after Wall Streets rally petered out amid worries about flaring U.S.-China tensions. Benchmarks declined in Hong Kong, Tokyo and Sydney but rose in Shanghai. U.S. and Chinese officials have been trading harsh rhetoric recently on everything from Hong Kong to the response to the coronavirus outbreak. Chinas National Peoples Congress on Thursday approved a national security law aimed at suppressing secessionist and subversive activity in Hong Kong, overriding any potential opposition by local lawmakers. Its like lighting a match.Hong Kong's Hang Seng index dropped 0.6% to 23,007.15 on Friday, while Japan's Nikkei 225 index fell 0.2% to 21,877.89.

VW spending $2.2B to expand in China's electric car market

BEIJING Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in Chinas electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic. Volkswagen AG said Friday it will buy control of its electric vehicle venture with a Chinese partner in a 1 billion euro ($1.1 billion) deal. The ruling Communist Party scrapped limits on foreign ownership of electric vehicle makers in 2018 to promote industry development. By gaining management control, Volkswagen is paving the way for more electric models and infrastructure, the companys announcement said. GM, Nissan, BMW AG and other automakers also have joint ventures with Chinese partners to develop lower-cost electric models.

Hello and welcome: robot waiters to the rescue amid virus

They came in just ahead of that time, said Hus daughter Leah, who also works at the restaurant, the Royal Palace. Their duties will include greeting customers, serving drinks and dishes and returning used glasses and crockery. We will use them to make sure the 1.5 meters (5 feet) we need during the corona crisis sticks, Leah Hu said. We want to give them a normal name," said Leah Hu. They help us with the work we do, said Leah Hu.

New Zealand near eradication, but virus has grim global hold

The latest job-loss figures from the U.S. Labor Department bring to 41 million the running total of Americans who have filed for unemployment benefits since the coronavirus shutdowns took hold in mid-March. In New Zealand, health authorities have not found any new virus cases for a week. That increased the overall death toll to more than 1,300 and the number of cases to over 64,000. And first-time applications for unemployment benefits have fallen for eight straight weeks, as states gradually let stores, restaurants and other businesses reopen and the auto industry starts up factories again. Worldwide, the virus has infected more than 5.8 million people and killed about 360,000, according to a tally by Johns Hopkins University.

French carmaker Renault announces 15,000 job cuts worldwide

The headquarters of French carmaker Renault is pictured in Boulogne-Billancourt, outside Paris, Monday, May 25, 2020. French President Emmanuel Macron is set to unveil sweeping new measures to rescue France's car industry, hammered by virus lockdown and the resulting recession. (AP Photo/Christophe Ena)PARIS Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. The group is also considering adaptation of its production capacities in Russia and announced the halt of Renault-branded oil-powered car activities in China. The French government is its single biggest shareholder with a 15-percent stake, and has been in talks on a 5 billion-euro loan guarantee.

The Latest: South Africa has backlog of nearly 100,000 tests

South Africa has backlog of nearly 100,000 unprocessed tests. ___JOHANNESBURG South Africa says it has a backlog of nearly 100,000 unprocessed tests for the new coronavirus. The ministry says one of the latest people to die in South Africa was an employee with the National Health Laboratory Services. Indonesia had recorded more than 24,500 COVID-19 cases as of Thursday with nearly 1,500 deaths, the most fatalities in Southeast Asia. Thailand has had just single-digit increases in the number of confirmed COVID-19 cases for most of May.

Twitter adds 'glorifying violence' warning to Trump tweet

WASHINGTON Twitter has added a warning to one of President Donald J. Trump's tweets about protests in Minneapolis, saying it violated the platform's rules about glorifying violence.Trump, a prolific Twitter user, has been at war with the company since earlier this week, when it applied fact checks to two of his tweets about mail-in ballots. Trump added at the end of his tweet, Any difficulty and we will assume control but, when the looting starts, the shooting starts.Twitter did not remove the tweet, saying it had determined it might be in the public interest to have it remain accessible. It does that only for tweets by elected and government officials. A user looking at Trump's timeline would have to click to see the original tweet. On Thursday, Trump targeted Twitter and other social media companies by signing an executive order challenging the lawsuit protections that have served as a bedrock for online free speech.

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Roam close to home: Europe's tourists play safe in pandemic

Hotels, airlines, travel agents, tour operators, restaurants, local guides and car rentals saw income evaporate as lockdowns came into force. The dearth of tourists is particularly painful for some of the countries whose citizens and health care systems have suffered the most during the pandemic. Normally crowded travel hot spots such as Rome, Paris, Venice and Barcelona have at times appeared deserted in recent months. German Foreign Minister Heiko Maas has indicated that if conditions are right, he would soon like to remove 31 European countries from a travel warning issued in March. But with the risk of a second coronavirus wave and sudden lockdowns looming, Rascher said travelers might want to limit their horizons.

AP Interview: French minister confident in virus tracing app

French Digital Affairs junior minister Cedric O demonstrates how to use the French app StopCovid meant to trace the virus' future spread on during an interview with the Associated Press in Paris, Friday, May 29, 2020. . France is the first major democracy to roll out such an app, and many people fear it invades their privacy. It will make France the first major world democracy to roll out such a tracing app. O said the app has been tested for two weeks and the government is confident that the data are protected. The French app uses low-energy Bluetooth signals on mobile phones to trace individuals that people infected with the virus come into close contact with.

No Eiffel, Mona Lisa or Versailles: Iconic sites stay closed

FILE - In this Oct.23, 2019 file photo, tourists wait to see Leonardo da Vinci's painting Mona Lisa, at the Louvre museum, in Paris. Iconic sites that are among some of France's biggest tourist draws won't reopen when the country lifts most of its coronavirus restrictions next week. Neither the Louvre Museum, the Eiffel Tower nor the Versailles Palace will be reopening next week when France lifts many of its remaining coronavirus lockdown restrictions. None of France's three most iconic tourist sites will reopen when the country lifts most of its remaining coronavirus lockdown restrictions next week. About 20%-30% of the museums rooms might be closed but of course the Mona Lisa will be open," Sacristin said.

New drugs make headway against lung, prostate, colon cancers

This microscope image made available by the National Cancer Institute Center for Cancer Research in 2015 shows human colon cancer cells with the nuclei stained red. Carroll jumped at the chance to help test a newer drug taken as a daily pill, AstraZenecas Tagrisso. A big drawback: It and other newer drugs are extremely expensive $150,000 or more a year. PROSTATE CANCERMen with advanced prostate cancer often are treated with medicines to suppress male hormones that can help the cancer grow. After a year, 55% on Keytruda were alive without worsening cancer versus 37% on chemo.

Bosnia: Officials, firm owner arrested over ventilator deal

Civil protection workers move boxes of ventilators at the customs post in the Bosnia capital Sarajevo, Thursday, April 30, 2020. (AP Photo)SARAJEVO Bosnian authorities have detained two high-ranking state officials and the owner of a private company which imported 100 ventilators from China that were found to be useless for COVID-19 patients. The three are being investigated for money laundering, fraud, embezzlement of state funds and other crimes, the prosecutors were quoted as saying. The company owner has rejected accusations that he imported the ventilators at highly inflated prices. Bosnia, which went through a bloody civil war in the 1990s, is composed of the Muslim-Croat federation and a Serb entity.

EU says conditions needed in Lufthansa bailout, seeks deal

BRUSSELS The EU competition chief said Friday that she is not creating extra hurdles" for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it said were tough EU conditions. Margrethe Vestager said that EU rules require bailouts to include measures that would maintain a level playing field. We very often have a discussion about slots when it comes to airlines and competition," Vestager said. Vestager said the EU wants to find a solution in the Lufthansa case and that the EU Commission remained in close contact with German authorities. The package conditions would also let the government block the possibility of an unwanted takeover.

Powell: Fed to soon begin 'challenging' Main Street lending

The Fed's Main Street Lending is geared toward medium-sized companies that are too large for the government's small business lending program and too small to sell bonds or stock to the public. Powell noted that the complexity of the program goes far beyond the Fed's usual lending efforts, which typically involve buying bonds. It is far and away the biggest challenge of the 11 facilities we have set up, Powell said. It has also announced 11 separate lending programs that are intended to support borrowing by businesses, banks and households. Still, Powell has previously said the unemployment rate is likely to peak at between 20% and 25% in May or June.

Questions on reopening New York's economy baffle businesses

Its an insult to every business in this community that has been struggling," said Picente, a Republican. Any day after is frustrating.As New York tries to get its economy going again, Gov. Andrew Cuomo, a Democrat, has divided the state into 10 regions that can start to reopen businesses in phases. The governors executive orders leave it up to his administration to decide when a region has met the states standards for lifting restrictions. Last week, Cuomo announced the hiring of two experts to analyze the data and consult on reopening decisions.

Nations ease more restrictions, air travel opening up more

A passenger waits to check his luggage at Belgrade Nikola Tesla Airport, Serbia, Thursday, May 21, 2020. Serbia's national carrier Air Serbia has resumed commercial flights as the government eased the lockdown against the new coronavirus. An Air Serbia flight from Serbias capital Belgrade was the first to land at the Ljubljana airport on Friday. Traffic relaunch at the airport is set in stages: Lufthansa, Montenegro Airlines and a Polish carrier should return by mid-June, while Swiss Air, Air Brussels, Transavio and British Airways will come next. Authorities in Thailand are relaxing some more restrictions that were imposed two months ago to combat the spread of the coronavirus.

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession. Last month's spending decline was far worse than the revised 6.9% drop in March, which itself had set a record for the steepest one-month fall in records dating to 1959. The depth of the spending drop is particularly damaging because consumer spending is the primary driver of the economy, accounting for about 70% of economic activity. Friday's report showed sharp declines in consumer spending across the board from durable goods like cars to non-durable items such as clothing and services ranging from doctor visits to haircuts. Spending in regular brick and mortar stores, which makes up the vast majority of consumer spending, is still down 35% from a year ago, according to Chase, after having plummeted 50% at its lowest point.

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