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Business & Tech

The US is missing again as G20 finance chiefs meet in South Africa

CAPE TOWN, South Africa (AP) — Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by the absence of U.S. Treasury Secretary Scott Bessent and several other high-profile ...

BP to slash spending on net zero ventures as it focuses on oil and gas again

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging share price but has been met with incredulity from climate action campaigners. In ...

US dockworkers approve 6-year contract, averting a strike

WASHINGTON (AP) — Dockworkers on the U.S. East and Gulf coasts overwhelmingly approved a six-year contract Tuesday, averting the threat of a strike that could have crippled the economy. The yes vote was expected after the leadership of the International Longshoremen's Association union ...

Toyota reshuffles its board, adding auditors and outsiders

TOKYO (AP) — Toyota announced plans to restructure its board on Tuesday in what it described as an attempt to bring in more diverse views and give a larger roles to auditors. Among six appointments is Christopher Reynolds, now an executive in the automaker's North American operations. As a ...