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US: Refilling oil reserve fully will cost $20 billion, take years
US estimates it will take $20 billion and years to refill oil reserve

WASHINGTON, D.C.: The U.S. Energy Department estimates it will take US$20 billion and several years to refill the Strategic Petroleum...

BP CEO’s pay drops to 5.4 million pounds in 2024
BP says CEO's pay package fell to 5.4 million pounds in 2024

LONDON, U.K.: British Petroleum CEO Murray Auchincloss saw his pay package drop to 5.4 million pounds (US$6.95 million) in 2024, down...

DHL to cut 8,000 German jobs in largest layoff in 20 years
German delivery giant DHL cuts 8,000 jobs, largest in decades

BONN, Germany: DHL plans to cut 8,000 jobs in Germany this year, marking its most significant domestic workforce reduction in at least...

China targets 5 percent growth for 2025 amid economic uncertainty
China keeps its economic growth target at 'around 5 percent' for 2025

BEIJING, China: China has set an economic growth target of around five percent for 2025, signaling efforts to stabilize the economy...

SpaceX denies plans to take over FAA telecom contract
Musk's Starlink denies it wants to take over FAA air traffic contract

WASHINGTON, D.C.: Elon Musk's company SpaceX said this week that its Starlink satellite unit is not trying to take over any Federal...

Newsom mandates four-day in-office work for California state employees
Newsom orders California state workers back four days a week

SACRAMENTO, California: Starting July 1, California state employees will be required to work in person at least four days a week under...

Los Angeles, Pasadena sue Edison over devastating wildfire
LA County, Pasadena, sue Southern California Edison over wildfires

LOS ANGELES, California: Los Angeles County, Pasadena, and other public agencies have sued Edison International and its subsidiary,...

US: Refilling oil reserve fully will cost $20 billion, take years
US estimates it will take $20 billion and years to refill oil reserve

WASHINGTON, D.C.: The U.S. Energy Department estimates it will take US$20 billion and several years to refill the Strategic Petroleum...

Trump plans executive order to abolish Department of Education
Trump to order Education Department abolished

WASHINGTON, D.C.: According to a report in the Wall Street Journal, former President Donald Trump is planning to sign an order to shut...

DHL to cut 8,000 German jobs in largest layoff in 20 years
German delivery giant DHL cuts 8,000 jobs, largest in decades

BONN, Germany: DHL plans to cut 8,000 jobs in Germany this year, marking its most significant domestic workforce reduction in at least...

China targets 5 percent growth for 2025 amid economic uncertainty
China keeps its economic growth target at 'around 5 percent' for 2025

BEIJING, China: China has set an economic growth target of around five percent for 2025, signaling efforts to stabilize the economy...

US announces new visa policy targeting immigration facilitators
US imposes visa restrictions on officials aiding illegal immigration

WASHINGTON, D.C.: U.S. Secretary of State Marco Rubio has announced new visa restrictions. The policy will apply to foreign government...