UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday. The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted accounting principles in ...
SAN JUAN, Puerto Rico (AP) — The Bahamas announced Friday that it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation. It is the fifth such debt-for-nature swap in the world, with the Bahamian ...
Disabled people who use rideshare apps Lyft and Uber say their experience is not a seamless task of pressing a few buttons and being whisked to their destination minutes later. Instead, people who use wheelchairs and guide dogs have watched drivers cancel rides, charge cleaning fees for guide ...
HONG KONG (AP) — Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such "external shocks," a senior Commerce Ministry official said Friday in Beijing. Responding to a reporter's question about U.S. ...
NICOSIA, Cyprus (AP) — ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits they've discovered close to each other off Cyprus' southern coast, the Cypriot energy minister said Friday. Minister George Papanastasiou said ...
NEW YORK (AP) — As the International Rescue Committee copes with dramatic increases in displaced people in recent years, the refugee aid organization has looked for efficiencies wherever it can — including using artificial intelligence. Since 2015, the IRC has invested in Signpost — a ...
