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Apple, Google, Meta targeted under new European law meant to prevent cornering of digital markets

By KELVIN CHAN AP Business Writer LONDON (AP) — European Union regulators have opened investigations into Apple, Google and Meta, in the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets that took effect earlier this month. The European Commission, the 27-nation bloc’s executive arm, said Monday

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Biden and Harris discuss migration in separate White House meetings with Guatemalan leader Arévalo

By COLLEEN LONG and CHRIS MEGERIAN Associated Press WASHINGTON (AP) — The White House says President Joe Biden discussed migration with President Bernardo Arévalo of Guatemala after the Central American leader held similar talks with Vice President Kamala Harris. The meetings Monday with Guatemala’s newly elected leader come amid his battle against corruption and as

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Philippines lodges its ‘strongest protest’ against China over a water cannon assault in disputed sea

By JIM GOMEZ Associated Press MANILA, Philippines (AP) — The Philippines has lodged its “strongest protest” against Beijing over a water cannon assault by the Chinese coast guard that injured Filipino navy crew members and damaged their boat in the disputed South China Sea. In response, China warned that relations are at a crossroads and

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Big brands could pivot easily if TikTok goes away. For many small businesses, it’s another story

By HALELUYA HADERO and ANNE D’INNOCENZIO Associated Press NEW YORK (AP) — If content creators and corporate executives made TikTok videos about the platform’s possible U.S. demise, disco diva Gloria Gaynor’s “I Will Survive” could supply the soundtrack. Sure, businesses that built strategies around TikTok and promote products there would prefer not to seek eyeballs

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Energy agency announces $6 billion to slash emissions in industrial facilities

By ISABELLA O’MALLEY and JENNIFER McDERMOTT Associated Press The industrial sector is getting $6 billion in federal funding for projects that will slash planet-warming greenhouse gas emissions, the largest-ever U.S. investment to decarbonize domestic industries. The Biden administration announced the funding Monday through the Inflation Reduction Act and the Bipartisan Infrastructure Law. One-third of all

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France launches a nationwide anti-drug crackdown ahead of European elections

PARIS (AP) — The French interior minister has launched multiple anti-drug crackdowns, reflecting the government’s commitment to show it’s serious about tackling the drug trade and crime in cities ahead of European elections. Interior Minister Gerald Darmanin said Monday on X, formerly Twitter, that police units conducted raids and made several arrests in the northern

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Stock market today: Asian shares trading mixed after Wall Street’s momentum cools

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2% in morning trading to 40,336.31. Australia’s S&P/ASX 200 fell 0.1%

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Corruption case involving a former Singaporean transport minister expanded with more charges

KUALA LUMPUR, Malaysia (AP) — A ministerial corruption case in Singapore has expanded with more charges being filed against a former transport minister. S. Iswaran pleaded not guilty Monday to eight new charges alleging he received goods worth $14,000 from a contractor. The former senior politician in the long-ruling People’s Action Party was first hauled

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Senegal’s little-known opposition leader Bassirou Diomaye Faye is named the next president

By JESSICA DONATI and SAM MEDNICK Associated Press DAKAR, Senegal (AP) — Senegal’s little-known, 44-year-old opposition leader Bassirou Diomaye Faye is named the country’s next president after preliminary results showed that he won the first round outright. His victory came less than two weeks after he was released from prison to launch a campaign. Official

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