LONDON (AP) – China is targeting personnel linked to the English-speaking Five Eyes intelligence-sharing alliance – Australia, Canada, New Zealand, the U.K and the U.S. – on job websites to get access to classified or sensitive information, the group said Wednesday. In a bulletin, the Five Eyes powers highlighted an “aggressive” online recruitment strategy where spies for Chinese military intelligence pose as workers acting on behalf of private businesses or think tanks.
WASHINGTON (AP) – President Donald Trump is again seeking to boost the struggling U.S. coal industry, with an announcement expected Thursday to spend nearly $700 million to support coal-fired power plants and coal exports.
The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.48% from 6.53% last week, mortgage buyer Freddie Mac said Thursday. The average rate remains below 6.85%, where it was a year ago.
Excerpts from recent editorials in the United States and abroad:
NEW YORK (AP) – SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire.
NEW YORK (AP) – Macy’s reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and better customer service is resonating with customers.
BRUSSELS (AP) – European Union leaders, worried about the continent relying too heavily on American companies for AI and cloud computing services and Asia for microchips, are pushing back. The 27-nation bloc unveiled a “tech sovereignty” package on Wednesday with measures to promote homegrown European alternatives to Big Tech services and hardware.
HONG KONG (AP) – General Mills is selling its Häagen-Dazs ice-cream shops in mainland China to an investor group that includes Chinese tea brand Ningji. Minneapolis-based General Mills said in a statement late Monday that the deal will allow the buyers to exclusively sell the Häagen-Dazs brand in ice cream shops and gifting businesses across mainland China.
FRANKFURT, Germany (AP) – Prolonged disruption of energy supplies from the Middle East due to the Iran war would deal a severe blow to the global economy, sending some countries into recession and spreading inflation and higher unemployment, the Organization for Economic Cooperation and Development said in a report Wednesday.
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