Headlines from Associated Press & Reuters
WTO finds against United States on Trump metal tariffs – (Reuters)
The World Trade Organization ruled on Friday that U.S. tariffs imposed on steel and aluminium imports by former president Donald Trump contravened global trading rules, a judgment immediately criticised by Washington.
Fed discount window borrowing is edging up, but is it a problem? – (Reuters)
Borrowing at a key Federal Reserve facility long associated with providing emergency loans to banks has been edging higher, recently climbing to over $10 billion for the first time in more than two years, a development market participants are eyeing for signs…
Wall St slips as inflation data ignites rate hike worries – (Reuters)
Wall Street's main indexes slipped on Friday as a higher-than-expected rise in monthly producer prices fanned fears that the Federal Reserve could stick to aggressive interest rate hikes for longer.
Ohio workers vote to unionize GM, LG battery plant – (Reuters)
Workers at a General Motors-LG Energy <a href="https://www.reuters.com/companies/GM.N" target="_blank">(GM.N)</a>, <a href="https://www.reuters.com/companies/373220.KS" target="_blank">(373220.KS)</a> battery cell factory in northeast Ohio overwhelmingly vote…
Kyrsten Sinema leaves Democratic Party, adding drama to tight U.S. Senate margin – (Reuters)
Maverick U.S. Senator Kyrsten Sinema of Arizona is leaving the Democratic Party to become an independent, she said on Friday, just days after Democrats won a Senate race in Georgia and secured 51 seats in the 100-member chamber riven by deep political divisio…
U.S. producer prices increase in November; trend slowing – (Reuters)
U.S. producer prices rose slightly more than expected in November amid a jump in the costs of services, but the trend is moderating, with annual inflation at the factory gate posting its smallest increase in 1-1/2 years.
U.S. sanctions people, entities over China-based illegal fishing – (Reuters)
The United States on Friday imposed sanctions on people and companies, including Nasdaq-listed Pingtan Marine Enterprises, Ltd., over what Washington says are human rights abuses linked to China-based illegal distant water fishing.
Penguin Random House CEO to quit after merger blocked – (Reuters)
Penguin Random House head Markus Dohle will step down at the end of the year after a U.S. judge blocked a planned $2.2 billion merger of the world's largest publisher and rival Simon & Schuster, the company said in a statement on Friday.
Democratic Sen. Kyrsten Sinema switches to independent – (Associated Press)
WASHINGTON (AP) — Democratic Sen. Kyrsten Sinema of Arizona announced Friday she has registered as an independent, a renegade move that could bolster her political brand but won't upend the Democrats' narrow Senate majority.
Fight to curb food waste increasingly turns to science – (Associated Press)
Hate mealy apples and soggy french fries? Science can help.Restaurants, grocers, farmers and food companies are increasingly turning to chemistry and physics to tackle the problem of food waste.
Brittney Griner back home in US after Russian prisoner swap – (Associated Press)
SAN ANTONIO (AP) — Brittney Griner returned to the United States early Friday, nearly 10 months after the basketball star’s detention in Russia made her the most high-profile American jailed abroad and set off a political firestorm.
Helping Ukraine is 'self-preservation,' finance chief says – (Associated Press)
FRANKFURT, Germany (AP) — Ukraine's finance minister says crucial Western financial support is “not charity” but “self-preservation” in the fight to defend democracy as his country deals with growing costs to repair electrical and heating infrastructure wreck…
Russia shells eastern front, Ukraine says, as war aims appear to shift – (Reuters)
Russian forces have shelled the entire front line in the Donetsk region in eastern Ukraine, Ukrainian officials said, as part of what appeared to be the Kremlin's scaled-back ambition to secure only the bulk of lands it has claimed.
Twenty oil tankers wait to cross Istanbul's Bosphorus Strait – (Reuters)
One more tanker took to 20 on Friday the number of vessels waiting in the Black Sea to pass through Istanbul's Bosphorus Strait on the way to the Mediterranean, the Tribeca shipping agency said, amid talks to disperse the build-up.
Santa visit brings joy to a frosty Alaska Inupiaq village – (Associated Press)
NUIQSUT, Alaska (AP) — Though the weather outside was frightful, schoolchildren in the northern Alaska Inupiac community of Nuiqsut were so delighted for a visit by Santa that they braved wind chills of 25 degrees below zero just to see him land on a snow-cov…
Officer who kneeled on George Floyd’s back faces sentencing – (Associated Press)
MINNEAPOLIS (AP) — The former Minneapolis police officer who kneeled on George Floyd’s back while another officer kneeled on the Black man’s neck is expected to be sentenced Friday to 3 1/2 years in prison for manslaughter.
How senators 'defied political gravity' on same-sex marriage – (Associated Press)
WASHINGTON (AP) — Wisconsin Sen. Tammy Baldwin was on the Senate floor, but her mind was on the other side of the Capitol. The House was voting that July afternoon on Democratic legislation to protect same-sex and interracial marriages in the wake of the Supr…
New Peru president vows to finish term, others want election – (Associated Press)
LIMA, Peru (AP) — Peru's first female president is pushing to cement her hold on power, saying she expects to complete the term of her ousted predecessor and buck the trend of presidential failures blighting the Andean nation.
Colorado shooter's 2021 case dropped for lack of cooperation – (Associated Press)
COLORADO SPRINGS, Colo. (AP) — The Colorado Springs gay nightclub shooter had charges dropped in a 2021 bomb threat case after family members who were terrorized in the incident refused to cooperate, according to the district attorney and court documents unse…
Messi resumes World Cup quest as Argentina plays Netherlands – (Associated Press)
DOHA, Qatar (AP) — Lionel Messi up against Virgil van Dijk. The youngest coach at the World Cup taking on the oldest.