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Business

Biden picks Chopra, Gensler for financial oversight roles

WASHINGTON (AP) — President-elect Joe Biden chose Rohit Chopra to be director of the Consumer Financial Protection Bureau, tapping a progressive ally of Sen. Elizabeth Warren to helm an agency whose creation she championed. Chopra, now a commissioner at the Federal Trade Commission, helped ...

Canada urges Biden not to cancel pipeline

TORONTO (AP) — Top officials in Canada want a chance to make the case for a long disputed oil pipeline to be built amid reports President-elect Joe Biden will cancel Keystone XL. Alberta Premier Jason Kenney said Monday he will seek legal damages if reports are true that Biden plans to ...

EU regulator: Hackers ‘manipulated’ stolen vaccine documents

LONDON (AP) — The European Union’s drug regulator said Friday that COVID-19 vaccine documents stolen from its servers by hackers have been not only leaked to the web, but “manipulated.” The European Medicines Agency said that an ongoing investigation showed that hackers obtained ...

Most major U.S. airlines ban guns in luggage for DC flights

Airlines and airports say they are stepping up security before next week’s presidential inauguration, with Delta and other major airlines saying they will prohibit passengers flying to the Washington area from putting guns in checked bags. The moves follow the Jan. 6 riot at the U.S. ...

Petco goes public again as spending soars

NEW YORK (AP) — Petco, the pet store chain, went public again Thursday, hoping to cash in on people’s obsessions with their furry pets. Petco’s stock, which opened at $18 Thursday, soared 63% to close at $29.40, valuing the company at more than $6 billion. It raised $864 million after ...

Boeing deliveries drop despite 737 Max’s return to flight

Boeing Co. got a bump in orders and deliveries of new planes in December, but it wasn’t enough to salvage a poor year for the big aircraft maker. Chicago-based Boeing still reported more cancellations than new orders for its 737 Max jet, which was grounded for 21 months after crashes in ...