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BP cutting 4,700 jobs worldwide

LONDON (AP) — United Kingdom-based oil company BP is cutting 4,700 jobs worldwide and 3,000 contractor roles as part of a cost-saving drive. In an email to staff that has been seen by The Associated Press, CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year.” The reductions amount [...]

By |2025-03-04T15:21:51-05:00Thursday, January 23, 2025|

Billionaires’ wealth soared $2T last year, Oxfam says

DAVOS, Switzerland (AP) — Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported as some of the world’s political and financial elite gather for an annual meeting in Davos, Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic [...]

By |2025-03-04T15:21:56-05:00Thursday, January 23, 2025|

Affordable housing projects in central Ohio are awarded millions in OHFA assistance

The Ohio Housing Finance Agency Board has approved financing for nine housing developments throughout the state, including five in central Ohio. The Columbus Metropolitan Housing Authority has received approval for a $1.75 million housing development loan for the AspireCOLUMBUS project. The project previously received a 9 percent low-income housing tax credit (LIHTC) in May 2024. [...]

By |2025-03-04T15:22:00-05:00Thursday, January 23, 2025|

Solar farms a boon to sheep industry

BUCKHOLTS, Texas (AP) — On rural Texas farmland, beneath hundreds of rows of solar panels, a troop of stocky sheep rummage through pasture, casually bumping into one another as they remain committed to a single task: chewing grass. The growing solar industry has found an unlikely mascot in sheep as large-scale solar farms crop up [...]

By |2025-03-04T15:22:06-05:00Thursday, January 23, 2025|

Justice Department accuses Walgreens of filling illegitimate prescriptions

DEERFIELD, Ill. (AP) — The U.S. Justice Department is accusing Walgreens of filling millions of prescriptions in the last decade and more without a legitimate purpose, including for dangerous amounts of opioids, according to a lawsuit filed last week. Filed in the U.S. District Court for the Northern District of Illinois, the complaint says the [...]

By |2025-03-04T15:22:08-05:00Thursday, January 23, 2025|

China’s economy expands 5%

HONG KONG (AP) — China’s economy expanded at a 5 percent annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5 percent” growth, thanks to strong exports and recent stimulus measures. The economy picked up speed in the last quarter, the government reported last week, growing 5.4 [...]

By |2025-01-23T13:40:32-05:00Wednesday, January 22, 2025|

Appellate panel dismisses appeal in watershed project dispute

A Licking County appellate panel dismissed the appeal brought by Jefferson Township residents relative to a petition seeking improvements to the watershed of a nearby creek that crosses the boundary of Franklin and Licking counties. Having determined that the issues raised by the Colt’s Neck Homeowners Association are not yet ripe for appeal, the three-judge [...]

By |2025-01-23T13:40:28-05:00Wednesday, January 22, 2025|

Weight loss, diabetes drugs are among 15 selected for Medicare price negotiations

WASHINGTON (AP) — Weight loss and diabetes drugs such as Ozempic and Wegovy have been added to Medicare’s list of medications that will be negotiated directly between the federal government and drug manufacturers, the Biden administration said last week. The price negotiations for the additional 15 drugs selected will be handled by the Donald Trump [...]

By |2025-01-23T13:40:22-05:00Wednesday, January 22, 2025|
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