Month: August 2022

By MARCY GORDON AP Business Writer WASHINGTON (AP) — Democrats have pulled off a quiet first in legislation passed this month: the creation of a tax targeting stock buybacks. The bill includes a new 1% excise tax on companies’ purchases of their own shares, a tactic that companies have long used to return cash to

By ZEKE MILLER Associated Press KIAWAH ISLAND, S.C. (AP) — President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill. It’s the “final piece” of the president’s pared-down domestic agenda as he aims to boost his party’s standing with voters ahead of midterm elections. The legislation includes the biggest federal

By ERANGA JAYAWARDENA Associated Press HAMBANTOTA, Sri Lanka (AP) — A Chinese navy vessel has arrived at a Beijing-built port in southern Sri Lanka after its port call was earlier delayed due to apparent security concerns raised by India. The Yuan Wang 5 sailed into the Hambantota port Tuesday. Sri Lanka described the vessel as

COPENHAGEN, Denmark (AP) — Estonia is removing a Soviet monument in a border town in Estonia’s Russian-speaking part with the Baltic country’s prime minister saying it represents a risk for public order. Prime Minister Kaja Kallas says that “no one wants to see our militant and hostile neighbor foment tensions in our home” and the

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares mostly rose Tuesday, despite investor risk reflected in negative economic data out of China, and analysts warned that volatility may lie ahead. European shares gained in early trading. The benchmark in Tokyo finished little changed, while indexes in South Korea and Australia gained. Hong

PESHAWAR, Pakistan (AP) — Pakistani officials say that gunmen riding on motorcycles opened fire on police escorting a team of polio workers in the country’s northwestern Pakistan, killing two policemen. A local police official says none of the polio workers were harmed in the attack on Tuesday in the town of Gomal, in Khyber Pakhtunkhwa

KYIV, Ukraine (AP) — The world’s attention on Russia’s war in Ukraine on Tuesday turned anew to the Russia-annexed occupied Crimean Peninsula, where a mysterious ammunition storage fire and explosions injuring two people was the second incident in a week to shake Moscow’s sensitivities. Around 2,000 people were evacuated from nearby areas, the local governor

By CARA ANNA Associated Press NAIROBI, Kenya (AP) — Kenya was calm on Tuesday, a day after Deputy President William Ruto was declared the winner of the narrow presidential election over longtime opposition figure Raila Odinga — a vote closely watched in the East African country that has been crucial to regional stability. There were

By ASHOK SHARMA Associated Press NEW DELHI (AP) — India’s top court is expected to take up a government plea to settle issues that led to the national soccer federation’s suspension by FIFA and the possible loss of its hosting rights for the Under-17 Women’s World Cup in October. FIFA’s decision to suspended the All

SEOUL, South Korea (AP) — Bill Gates is calling for South Korea to become more involved in international efforts to prevent infectious diseases like COVID-19 and is stressing the need for the world to be better prepared for the next pandemic. Gates was speaking to South Korea’s National Assembly on Tuesday. He noted South Korea’s