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Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects

The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects. Democrats in Congress are investigating. The Republican administration adopted this strategy after federal courts thwarted President Donald Trump's efforts to stop offshore wind development through ...
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King Charles III’s charity celebrates 50 years of helping young people find work with a gala in NYC

NEW YORK (AP) - Scottish entrepreneur Mike Welch made his fortune as an online tire retailer. But he says he might've traded that lucrative career for one in funeral services if not for an intervention during his teenage years from the charity of King ...
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MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion

By Lucinda Elliott BUENOS AIRES, April 29 (Reuters) - MercadoLibre could sell parts of its fast-growing loan book to support its fintech business, its chief executive told Reuters, adding that operations in Venezuela remain small and unchanged, as investors weigh credit risk ahead of first-quarter ...
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Beijing clamps down on drones: Sales banned citywide from May 1

BANGKOK (AP) - Beijing is banning all drones within city limits starting May 1. The Chinese capital's city government passed a series of ordinances in late March banning drone sales and flights, although users have long been blocked from flying drones within the city. A ...
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Asian stocks mostly gain and oil rises after the UAE says it will exit OPEC

HONG KONG (AP) - Stocks mostly advanced in Asia on Wednesday despite losses on Wall Street, while oil prices gained on uncertainties over when the war in Iran will end and after the United Arab Emirates said it would leave OPEC in a blow ...
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Dollar firms as investors brace for Fed decision in face of war

By Rae Wee SINGAPORE, April 29 (Reuters) - The dollar edged higher on Wednesday as investors awaited a closely watched Federal Reserve rate decision in what was likely to be Chair Jerome Powell's swan song against a backdrop of war in the Middle East that ...
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EU says Meta is failing to keep underage users off Facebook and Instagram

LONDON (AP) - The European Union accused Meta on Wednesday of failing to stop underage users from accessing Facebook and Instagram, in violation of the bloc's tough digital rules that require social media sites to protect minors. The EU's executive branch said Meta Platforms ...
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General Motors says it expects $500 million tariff refund after SCOTUS ruling

(NEW YORK) -- General Motors said on Monday it expects to receive $500 million in refunds from tariffs that were ruled illegal by the Supreme Court.The automaker is now boosting its full-year profit forecast by $500 million, GM CEO Mary Barra said in a ...
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United Arab Emirates says it will leave OPEC

(NEW YORK) -- The United Arab Emirates on Tuesday said it would leave the Organization of the Petroleum Exporting Countries (OPEC) next month.This is a developing story. Please check back for updates.Copyright © 2026, ABC Audio. All rights reserved.
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Tracy Sturdivant, the Ms. Foundation’s next leader, wants to expand the feminist funder’s coalition

NEW YORK (AP) - It is rare, the Ms. Foundation's next leader acknowledged, for a Black woman to take the helm of a major nonprofit from another Black woman. It is even rarer, she noted, for that organization to be financially healthy. And yet that ...
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Stocks retreat on Iran, AI concerns as Fed meeting looms

By Gregor Stuart Hunter SINGAPORE, April 29 (Reuters) - Markets got off to an uneven start in Asian trading on Wednesday as worries about the Iran conflict and health of the AI sector dominated ahead of the Federal Reserve's decision and earnings from tech megacap ...
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New York City’s first full casino with live table games opens

NEW YORK (AP) - New York City's first full casino with live table games opened to fanfare Tuesday. Resorts World, a slots parlor in Queens, officially cut the ribbon on an expanded gambling area featuring more than 200 games with live dealers, including blackjack, craps, ...
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