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WASHINGTON (AP) — Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool. The latest year-over-year figure was down from 8% in October and from a recent peak of 11.7% in March. On a monthly basis, the government said Friday that its producer price index, which measures costs […]

NEW YORK (AP) — The CEO of Penguin Random House, the world’s largest trade publisher, is stepping down. Markus Dohle’s decision, effective at the end of the year, comes just weeks after a federal judge blocked the company’s attempt to buy rival Simon & Schuster. “Following the antitrust decision in the U.S. against the merger of Penguin Random House and Simon & Schuster, I have decided, after nearly 15 years […]

SAN ANTONIO (AP) — A plane believed to be carrying Brittney Griner landed in the United States early Friday, nearly 10 months after the basketball star was detained in Russia and became the most high-profile American jailed abroad. Griner was exchanged for notorious arms dealer Viktor Bout. A plane believed to be carrying her touched down at Joint Base San Antonio-Lackland in Texas. The deal achieved a top goal for […]

ABUJA, Nigeria (AP) — Violent attacks targeting Nigeria’s election commission offices are raising concerns about the security of the West African country’s upcoming elections in February. In the latest attack, assailants in southeastern Imo state set fire on Sunday to an office of Nigeria’s Independent National Electoral Commission. Nearly 50 of the commission’s offices already have been destroyed since Nigeria’s last election in 2019, according to local reports compiled by […]

SAN ANTONIO (AP) — Plane believed to be carrying basketball star Brittney Griner lands in US after high-profile Russian prisoner swap. Brought to you by www.srnnews.com

LONDON (AP) — Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance center. Treasury chief Jeremy Hunt said Friday that the changes, which follow Britain’s departure from the European Union in 2020, will make the U.K. “one of the most open, dynamic and competitive financial services hubs in the world.” The package […]

BEIJING (AP) — A Chinese airline on Friday became the first customer to take delivery of a long-range jetliner produced by a state-owned manufacturer set up to try to compete with Boeing and Airbus, state TV reported. The Commercial Aircraft Corp. of China’s C919 is part of the ruling Communist Party effort’s to transform the country into a creator of profitable technologies and reduce reliance on foreign products. The model […]

COLOMBO, Sri Lanka (AP) — Schools across Sri Lanka were closed on Friday as health and environment officials said the air quality in most parts of the island nation was unhealthy partly due to extreme weather conditions. Polluted air from neighboring India was aggravating the problem, authorities said, as a storm in the Bay of Bengal triggered heavy rains and winds across Sri Lanka in recent days. A haze hung […]

MADRID (AP) — The leaders of nine Mediterranean and Southern European countries planned to meet Friday in Spain, with the energy crisis triggered by the Russian invasion of Ukraine likely to top the agenda. The EU-Med9 meeting in the eastern port city of Alicante brings together the leaders of Spain, Portugal, France, Italy, Greece, Malta, Cyprus, Slovenia and Croatia. European Commission President Ursula von der Leyen and EU Council President […]