LONDON (AP) – A power outage at a water treatment plant in south east England left toilets out of order and forced the closure of restaurants at Gatwick Airport on Sunday.
Credit card giant American Express said its second-quarter profits rose 8% from a year earlier, helped by higher spending by its card members, fewer delinquencies and more customers signing up for its premium products like the Platinum Card and Gold Card.
BEIJING (AP) – China announced on Friday it was adding 14 European entities to an export control list in retaliation for the European Union penalizing 14 Chinese enterprises as part of its latest round of sanctions against Russia.
Excerpts from recent editorials in the United States and abroad:
SpaceX’s mammoth Starship rocket blasted off Friday on another test flight stretching halfway around the world, this time releasing 20 of the most advanced Starlinks.
NEW YORK (AP) – Paramount and Warner Bros. Discovery have agreed to delay closing their $81 billion merger well into next year, a stunning move that arrives as a judge continues to consider a challenge from 12 states seeking to block the deal altogether.
WASHINGTON (AP) – The Trump administration has acknowledged in court documents that it canceled $7.6 billion in grants for hundreds of clean energy projects “based solely on the political identity of the grant recipient’s state” – in this case, 16 states that voted for Democrat Kamala Harris in the 2024 presidential election.
WASHINGTON (AP) – The United States will open a formal investigation into the European Union’s trade practices, President Donald Trump said on Friday, claiming the bloc has unfairly levied billions of dollars of fines against Google, Apple and other U.S. tech giants.
FRANKFURT, Germany (AP) – Russia’s central bank made a smaller than usual interest rate cut on Friday, a compromise move to support stagnating economic growth even as inflation fueled by war spending remains higher than the bank’s target.