Tags: Business

What we know about Robert Card, person of interest in the Lewiston shootings

The man suspected of fatally shooting more than a dozen people in Lewiston, Maine, on Wednesday night is still at large, police said Thursday, as his family urged him to turn himself in. Law enforcement officials are looking for Robert Card, 40, whom they said is considered armed and dangerous. Card, a firearms instructor and…

Why Republicans seem stuck in selecting a new House speaker

Why Republicans seem stuck in selecting a new House speaker | View caption Hide caption Whoever eventually prevails, the increasingly clear fractures in the party have raised questions about the next speaker’s ability to move legislation or remain in the post longer than their predecessor. “I think they will face the exact same challenges, maybe more,” says…

Rite Aid files for bankruptcy protection amid slowing sales, opioid litigation

Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. The company appointed Jeffrey Stein as its new chief executive officer and chief restructuring officer as well as a member of its board. Elizabeth Burr had been serving as interim CEO since…

What’s at stake in Trump’s fraud trial – and other civil cases

What’s at stake in Trump’s fraud trial – and other civil cases | View caption Hide caption It was his presence in the courtroom to begin with that may have been more remarkable – and indicative of the lawsuit’s core challenge to Mr. Trump’s identity as a successful businessperson. Mr. Trump’s biggest legal problems remain…

For these Ukrainian volunteers, mission is to bring elders out of harm’s way

Safety Europe For these Ukrainian volunteers, mission is to bring elders out of harm’s way | View caption Hide caption Fleeing one’s home in war is often a difficult choice to make, but it is particularly so for Ukraine’s seniors, who have survived hard times before. It often falls upon volunteers to bring them to…

Behind impasse in Congress: Rising deficits, record debt

Responsibility Politics Behind impasse in Congress: Rising deficits, record debt | View caption Hide caption There’s an element of political theater to the budget showdown that almost caused a government shutdown in the United States over the weekend. But behind the unfinished drama are difficult challenges of debt and deficits. The problem, economists say, isn’t…

A ‘not fit for purpose’ sewage system puts U.K. swimmers at risk in filthy waterways

WOODBRIDGE, England — Plunging into the ice cold river water, the eight members of the Deben Bluetits swimming group shrieked as their bodies adjusted to the frigid temperature.  For Natasha Sonds, who founded Bluetits two years ago, so-called wild swimming is like nothing else.  “It’s euphoric,” she said. “It’s just peaceful. It’s a place I…

In Eagle Pass, the border crisis is complicated

Focus In Eagle Pass, the border crisis is complicated | View caption Hide caption In an unprecedented venture into immigration enforcement by a state government, Texas Gov. Greg Abbott, a Republican, launched Operation Lone Star in 2021. The $4.4 billion border security initiative has seen state police and National Guard members – reinforced by National…

How trade with China is boosting Russia’s war in Ukraine

Chinese firms are playing an increasingly critical role in supporting Russia’s military capabilities in Ukraine, including by exporting goods that are ending up on the battlefield, new analysis by CNBC shows.  Russian customs data filed as recently as August point to the continued importation of drones, helmets, vests and radios from China, providing a lifeline…