GELSENKIRCHEN, Germany (AP) — The logo of Russian state-owned energy giant Gazprom is being removed from the jerseys of German soccer team Schalke following Russia’s wide-ranging attack on Ukraine. Schalke says the logo will be replaced by lettering reading “Schalke 04” instead following what it called “recent developments.” A senior Gazprom executive had already quit
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BARCELONA, Spain (AP) — McLaren has continued to show its strength in Formula One preseason testing on a day when four-time champion Sebastian Vettel said he will not race in the Russian Grand Prix in September because of Russia’s attack on Ukraine. Vettel says the Grand Prix Drivers’ Association will discuss the issue. F1 says
Continue Reading By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans collecting unemployment benefits fell to a 52-year low after another decline in jobless aid applications last week. Jobless claims fell by 17,000, from 249,000 to 232,000 for the week ending Feb. 19, the Labor Department reported Thursday. The four-week average for claims,
Continue ReadingBy Alexandra Meeks, CNN It’s extremely busy at the White House this week. Officials are facing a host of challenges surrounding the ongoing crisis in Ukraine. At the same time, President Joe Biden is moving closer to picking a Supreme Court nominee. Here’s what you need to know to Get Up to Speed and On
Continue ReadingBy Alexandra Meeks, CNN It’s extremely busy at the White House this week. Officials are facing a host of challenges surrounding the ongoing crisis in Ukraine. At the same time, President Joe Biden is moving closer to picking a Supreme Court nominee. Here’s what you need to know to Get Up to Speed and On
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By Anneken Tappe, CNN Business The economic recovery was stronger than initially thought in the fourth quarter of last year, new data from the Commerce Department showed Thursday. But for many Americans it didn’t feel that way. US gross domestic product — the broadest measure of economic activity — grew at an annualized pace of
Continue Reading By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported in a slight upgrade from its earlier estimate. For all of 2021, the nation’s gross domestic product — its total output of goods and services —
Continue Reading DETROIT (AP) — Ford is recalling nearly a quarter-million heavy duty pickup trucks in the U.S. because the drive shafts can fracture and cause a loss of power. The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts. Ford
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By Matthew Chance, Nathan Hodge, Tim Lister, Laura Smith-Spark and Ivana Kottasová, CNN Russia has launched an unprecedented military assault on Ukraine by land, air and sea that has already left dozens dead, prompting Western leaders to condemn Moscow and vow unity with Kyiv. Ukrainian ministers said the Kremlin had begun a “full-scale invasion” of
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ST. LOUIS (AP) — Police have identified a Missouri man who was fatally run over and dragged by a car that then fled the scene in St. Louis. The St. Louis Post-Dispatch reports that the crash happened late Sunday night in the city’s Walnut Park West neighborhood, killing 47-year-old Damian Moore, of Country Club Hills.
Continue Reading NEW YORK (AP) — U.S. markets pointed toward a sharply lower open, following a global plunge and a surge in oil prices Thursday after Russian President Vladimir Putin launched military action in Ukraine, prompting Washington and Europe to vow sanctions on Moscow that may roil the global economy. Oil prices jumped by more than $7
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By Rishi Iyengar, CNN Business The standoff between the United States and Russia over the conflict in Ukraine has so far mainly played out on diplomatic and economic fronts. But now, as Russia invades Ukraine and the United States imposes new sanctions on Russia, there are concerns that may change. The US government is on
Continue Reading By TOM MURPHY AP Health Writer COVID-19 vaccine sales jumped 44% for Moderna in the final quarter of 2021, and the drugmaker expects demand for booster shots to fuel more growth in 2022. Moderna said Thursday that it has signed purchase agreements for about $19 billion in sales for 2022 with options for an additional
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By Julia Horowitz, CNN Business Russian President Vladimir Putin’s decision to invade Ukraine, which could spark the biggest war in Europe since 1945, has immediately stoked alarm among investors, who had been hoping such an outcome would be avoided. What’s happening: News early Thursday that Russian forces had begun an attack on Ukraine, with reports
Continue Reading By JEROME PUGMIRE AP Auto Racing Writer Four-time Formula One champion Sebastian Vettel says he will not race in the Russian Grand Prix in September after Russia launched a wide-ranging attack on Ukraine earlier Thursday. Vettel said during F1’s preseason test in Barcelona, “I will not go. I think it’s wrong to race in the
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By Matt Egan, CNN Business Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. By this summer, Citi plans to get rid of overdraft fees, non-sufficient funds fees and overdraft protection fees, the bank exclusively told CNN on Thursday. The changes mean Citi will
Continue Reading By Rishi Iyengar, CNN Business The standoff between the United States and Russia over the conflict in Ukraine has so far mainly played out on diplomatic and economic fronts. But now, as Russia invades Ukraine and the United States imposes new sanctions on Russia, there are concerns that may change. The US government is on
Continue ReadingLuis Ernesto Quintana Barney (CNN) — Las fuerzas rusas invadieron Ucrania desde tres lados, mientras que las explosiones resonaron en varias ciudades, incluida la capital, Kyiv, en un amplio ataque que comenzó antes del amanecer del jueves. Así es como se desarrolló. Guerra Rusia – Ucrania: última hora y noticias al ataque e invasión en
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By Jordan Valinsky, CNN Business A number of companies have suspended production or limited manufacturing output in Ukraine because of the Russian invasion early Thursday. Companies that made those announcements include Carlsberg, a Coca-Cola bottling company, snack maker Mondelez and steel manufacturer ArcelorMittal. They join a number of airlines that have already suspended operations to
Continue Reading By Jordan Valinsky, CNN Business A number of companies have suspended production or limited manufacturing output in Ukraine because of the Russian invasion early Thursday. Companies that made those announcements include Carlsberg, a Coca-Cola bottling company, snack maker Mondelez and steel manufacturer ArcelorMittal. They join a number of airlines that have already suspended operations to
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