Tens of thousands of workers in the Los Angeles Unified School District walked off the job Tuesday over stalled contract talks, and they are being joined in solidarity by teachers in a three-day strike that has shut down the nation’s second-largest school system. Demonstrations began at a bus yard and are expected...
Saudi Arabia Frees American Imprisoned Over Critical Tweets
A 72-year-old American imprisoned more than a year in Saudi Arabia over tweets critical of the Saudi crown prince was back with family members in Riyadh on Tuesday, but it wasn't clear whether the kingdom will drop a travel ban to allow him to return home to Florida. Neither Saudi...
Yellen Says Bank Situation ‘Stabilizing,’ System Is ‘Sound’
Treasury Secretary Janet Yellen is trying project calm after regional bank failures, saying the U.S. banking system is “sound” but additional rescue arrangements “could be warranted” if any new failures at smaller institutions pose a risk to financial stability. Yellen, in an excerpt of remarks prepared for delivery to the American Bankers...
Japanese Leader Arrives in Kyiv as China’s Xi Visits Russia
Japanese Prime Minister Fumio Kishida made a surprise visit Tuesday to Kyiv, stealing some of the global attention from Asian rival President Xi Jinping of China, who is in Moscow to present a show of unity with Russia against the West over its invasion of Ukraine. The two visits, about 500...
Idaho OKs Veto-Proof Bill to Allow Execution by Firing Squad
A bill that would allow Idaho to execute condemned inmates by firing squad is headed to the governor's desk after passing the Legislature on Monday with a veto-proof majority. Firing squads will be used only if the state cannot obtain the drugs needed for lethal injections — but one death row inmate...
Credit Suisse-UBS Deal Offers Hope, but Bank Doubts Persist
Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But European bank stocks and the wider market gained as investors watch whether moves to shore up banks will stem further upheaval in the global financial system. Shares...
Officials: US to Send Ammunition, Tanker Trucks to Ukraine
The U.S. is poised to announce that it will send Ukraine $350 million in weapons and equipment, U.S. officials said Monday, as fierce battles with Russian forces continue for control of the city of Bakhmut, and troops prepare for an expected spring offensive. The latest package of aid includes a large amount...
Amazon to Lay off 9,000 Employees on Top of 18,000 in Jan.
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company's history, adding to the 18,000 employees the company said it would lay off in January....
World on ‘Thin Ice’ as UN Climate Report Gives Stark Warning
Humanity still has a chance, close to the last one, to prevent the worst of climate change ’s future harms, a top United Nations panel of scientists said Monday. But doing so requires quickly slashing carbon pollution and fossil fuel use by nearly two-thirds by 2035, the Intergovernmental Panel on Climate Change...
EU Seeks Deal on Artillery Shells for Ukraine
European Union ministers are meeting Monday to try to finalize a plan to supply Ukraine with sorely needed artillery shells, replenish their own national stocks and ramp up Europe’s defense industry, as Russia continues to focus its attacks on the industrial east of the war-ravaged country. The 27-nation bloc’s foreign...