Man shot, killed from officer-involved shooting in Downtown Houston
Read full article: Man shot, killed from officer-involved shooting in Downtown HoustonA man was hospitalized following an officer-involved shooting in Downtown Houston on Sunday morning. The incident occurred at Main and Bell Streets around 8:54 a.m., and the officer involved was unharmed.
Hazmat cleanup underway in Baytown after chemical spill at Bluebonnet Petrochemical Solutions
Read full article: Hazmat cleanup underway in Baytown after chemical spill at Bluebonnet Petrochemical SolutionsA chemical spill at Bluebonnet Petrochemical Solutions near Main and Hunt Roads has turned into a serious situation, with local authorities stepping in to manage the aftermath and protect public safety.
European Central Bank, seeing no signs of recession, cuts interest rates again
Read full article: European Central Bank, seeing no signs of recession, cuts interest rates againThe European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning.
Inflation in Europe falls below 2% and opens the way for faster rate cuts
Read full article: Inflation in Europe falls below 2% and opens the way for faster rate cutsInflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bankās target of 2% for the first time in more than three years.
A German town's referendum on culling pigeons has led to an uproar by animal rights activists
Read full article: A German town's referendum on culling pigeons has led to an uproar by animal rights activistsAn ongoing fight between residents and animal rights activists over whether to cull pigeons in a small German town has led to an uproar.
UH student study reveals 10 most dangerous Harris County intersections
Read full article: UH student study reveals 10 most dangerous Harris County intersectionsA group of University of Houston undergraduate students and their professor have identified what they say have become the 10 most dangerous non-freeway Houston intersections post-lockdown.
Senior ECB official: rate rise too soon could choke recovery
Read full article: Senior ECB official: rate rise too soon could choke recoveryA senior European Central Bank official says that raising interest rates prematurely could āchoke off the recovery,ā comments that come as inflation in the 19-nation euro area has hit a record rate.
Woman sustains life-threatening injuries after crash with METRORail train in Midtown, police say
Read full article: Woman sustains life-threatening injuries after crash with METRORail train in Midtown, police sayA woman has sustained life-threatening injuries after a crash involving a METRO light rail train Thursday, police said.
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Ask 2: What are the best ways to enter the Houston Downtown Tunnels?
Read full article: Ask 2: What are the best ways to enter the Houston Downtown Tunnels?At KPRC 2, weāre dedicated to keeping Houstonians informed. As part of our Ask 2 series, the newsroom will answer your questions about all things Houston.
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German factory orders fall more than expected in December
Read full article: German factory orders fall more than expected in December(AP Photo/Michael Probst)BERLIN ā German factory orders fell more sharply than expected in December, suggesting recent coronavirus lockdown measures are starting to impact industry in Europe's largest economy, new statistics showed Friday. Industrial orders fell 1.9% in December over the previous month, following a slightly upwardly revised 2.7% increase in November, the Federal Statistical Office reported. Domestic orders decreased by 0.9% while foreign orders dropped by 2.6% in December. New orders from the eurozone fell 7.5%, while those from other countries increased by 0.5%. German industry had remained almost unharmed by the November lockdown," he said in a research note.
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Germany's Commerzbank to cut 10,000 jobs, slash branches
Read full article: Germany's Commerzbank to cut 10,000 jobs, slash branchesFILE - In this April 1, 2020 file photo, the buildings of the banking district are reflected in the river Main in Frankfurt, Germany. (AP Photo/Michael Probst, File)FRANKFURT ā Germany's Commerzbank said Thursday that management proposed to cut 10,000 jobs under a restructuring program aiming to increase digitalization, slash branches and cut annual costs. The company said in a statement to investors that the cuts would affect every third job at the bank in Germany. Costs would be lowered by 1.4 billion euros ($1.7 billion), or around 20% by 2024. It said revenues were expected to remain stable as the bank puts profitability ahead of growth.
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German government cuts 2021 economic growth forecast to 3%
Read full article: German government cuts 2021 economic growth forecast to 3%The lights of a bridge are reflected in the river Main in Frankfurt, Germany, Thursday, Jan. 21, 2021. (AP Photo/Michael Probst)BERLIN ā The German government on Wednesday cut its growth forecast for this year to 3% as Europe's biggest economy faces persistent headwinds from the coronavirus pandemic. In late October, the government had forecast growth of 4.4% this year. Official data released earlier this month showed that the economy shrank by 5% last year, ending a decade of growth. He didn't provide any specific forecast for 2022.
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German economy shrank 5% in pandemic year 2020
Read full article: German economy shrank 5% in pandemic year 2020FRANKFURT ā The German economy, Europe's largest, shrank by 5% in the pandemic year 2020, ending a decade of growth as lockdowns wiped out much business and consumer activity. The U.S. had a downturn of 4.6% while China's economy grew 2.1%, according to the estimates used by Destatis. In the fourth quarter, German growth āroughly stagnated,ā said Michael Kuhn, head of the GDP and output calculation group at the agency. The pandemic downturn, which followed 10 straight years of annual growth, was smaller than that experienced during 2009, when the economy shrank by 5.7% The 2020 figure compares to modest growth of 0.6% in 2019. In 2020, the economy seesawed between lockdowns and a robust upswing that still left growth below the previous year.
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AP-NORC poll: America's virus concerns stable as cases spike
Read full article: AP-NORC poll: America's virus concerns stable as cases spikeThe surge has led to record numbers of daily virus deaths as the U.S. nears 300,000 people dying from the virus over the course of the pandemic. Roughly three-quarters of Americans say they're at least somewhat worried about the virus, a figure that's about the same as in October. Fifty percent now support requiring Americans to stay home except for essential errands, up somewhat from 44% in October. About 9 in 10 are at least somewhat worried about infections, compared with about 6 in 10 Republicans. āIn complete honesty, I think this pandemic is kind of blown out of proportion,ā said Main, who is a Republican.
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