WASHINGTON — The administration of President Joe Biden on Wednesday revoked a series of restrictions on flights to Cuba imposed by his predecessor, including ending a prohibition on U.S. airline flights to Cuban airports other than Havana. Read More
The U.S. Supreme Court on Tuesday blocked a Texas law that bars large social media companies from banning or censoring users based on “viewpoint,” siding with two technology industry groups that have argued that the Republican-backed measure would turn platforms into “havens of the vilest expression imaginable.” Read More
WASHINGTON — The U.S. Federal Aviation Administration (FAA) will grant a shorter regulatory compliance program extension to Boeing than planemaker sought, so it can ensure the company implements “required improvements,” the agency said on Tuesday. Read More
KYIV/KHARKIV — Ukrainian forces endured heavy artillery barrages on Sunday as Russian forces intensified their attacks to capture a city in the eastern region of Luhansk, which President Volodymyr Zelenskiy said was now Moscow’s top target. Read More
Ukraine’s Kalush Orchestra, which won the Eurovision Song Contest earlier this month, raised $900,000 for the country’s military battling the Russian invasion by selling the contest’s trophy. Read More
The “liberation” of Ukraine’s Donbas region is an “unconditional priority” for Moscow, while other Ukrainian territories should decide their future on their own, Russian Foreign Minister Sergei Lavrov said on Sunday. Read More
MEXICO CITY — Mexico’s energy regulator fined a unit of Spain’s Iberdrola 9.15 billion pesos ($466.4 million), arguing they violated a so-called self-supply power generation permit by selling electricity to their partners, according to a regulatory filing. Read More
Robinhood Markets Inc has agreed in principle to settle a proposed class action filed by customers in the United States who claimed the investment app’s outages in March 2020 shut them out of trading on pandemic-related volatility. Read More
NEW YORK — Global markets enjoyed a broad-based rally on Friday, while the yield on benchmark U.S. Treasuries fell after data showed that U.S. consumer spending rose in April and the uptick in inflation slowed, two signs the world’s largest economy could be on track to grow this quarter. Read More
NEW YORK — World shares rose on Thursday and the U.S. dollar edged lower, a day after minutes from the U.S. Federal Reserve’s May meeting indicated the central bank would remain flexible and might pause rate hikes later in the year. Read More