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Business Highlights: New Twitter policy, Wall Street slide

___ New Twitter policy aims to pierce fog of war misinformation SAN FRANCISCO (AP) — Twitter is stepping up its fight against misinformation with a new policy crack...

House passes bill to crack down on gasoline 'price gouging'

WASHINGTON (AP) — A closely divided House approved legislation Thursday to crack down on alleged price gouging by oil companies and other energy producers as prices at the pump continue to soar. ...

'Pharma Bro' Shkreli freed from prison for halfway house

NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli was freed Wednesday from prison after serving much of a seven-year prison sentence for lying to hedge fund investors and cheating inve...

GOP's new midterm attack: Blaming Biden for formula shortage

AUSTIN, Texas (AP) — Republicans aiming to retake control of Congress have already sharpened a message centering around blaming Democrats for high inflation, expensive gas, migrants crossing the U.S.-...

Parents swap, sell baby formula as Biden focuses on shortage

WASHINGTON (AP) — President Joe Biden stepped up his administration's response to a nationwide baby formula shortage Thursday that has forced frenzied parents into online groups to swap and sell to e...

Biden cancels offshore oil lease sales in Gulf Coast, Alaska

WASHINGTON (AP) — The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as ...

EXPLAINER: What's behind the baby formula shortage?

WASHINGTON (AP) — Many parents are hunting for infant formula because of a combination of short- and long-term problems that has hit most of the biggest U.S. brands. Millions of babi...

Top Democrats push for federal crackdown on high gas prices

WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies...

Taiwan to ensure cheap supply of 40 million COVID rapid test kits a month

TAIPEI (Taiwan News) — Premier Su Tseng-chang (蘇貞昌) announced Thursday (April 14) that the government is requisitioning the production of COVID-19 rapid test kits, eying a supply of 40 million u...

Taiwan’s KMT calls for probe into alleged price gouging of COVID-19 rapid test kits

TAIPEI (Taiwan News) — Main opposition party the Kuomintang (KMT) on Monday (April 11) urged the Fair Trade Commission to launch an investigation into what are said to be unreasonably high price...

Democrats accuse oil companies of 'rip off' on gas prices

WASHINGTON (AP) — House Democrats on Wednesday accused oil companies of "ripping off the American people” and putting profits before production as Americans suffer from ever-increasing gasoline prices...

Shanghai expands lockdown to more areas as new local cases hit 5,982

SHANGHAI, March 30 (Reuters) - Shanghai on Wednesday extended its shut downs to some western parts of the city, earlier than scheduled, as it reported a total of 5,982 new local cases. The financia...

Trying to stem the pandemic, Uganda creates a fuel crisis

KAMPALA, Uganda (AP) — A dispute over COVID-19 testing fees for truckers has created a fuel crisis in Uganda, highlighting an economic impact of the pandemic in a landlocked country with virtually no ...

Shkreli ordered to return $64M, is barred from drug industry

NEW YORK (AP) — Martin Shkreli must return $64.6 million in profits he and his former company reaped from jacking up the price and monopolizing the market for a lifesaving drug, a federal judge ruled ...

Taiwan vows to ensure price stability ahead of Lunar New Year

TAIPEI (Taiwan News) — The government is embarking on a multi-pronged approach to reining in price increases prior to the Lunar New Year. From December, a task force has been carrying out spo...