AP Business Roundup at 12:04 pm EDT | National News

AP Business Roundup at 12:04 pm EDT |  National News

Flashy Dubai will cash in on a World Cup just a short flight away

DUBAI, United Arab Emirates (AP) — The FIFA World Cup may draw as many as 1.2 million fans to Qatar, but the flashy nearby emirate of Dubai is also looking to cash in on the major sporting tournament taking place next week. a short flight away. . Some soccer fan clubs already say they will travel to Qatar during the cup on 45-minute flights from Dubai, the skyscraper-studded beachfront city-state in the United Arab Emirates. Dubai’s airlines, bars, restaurants, shopping malls and other attractions are hoping to benefit, further boosting its recovering tourism industry in the crucial fall and winter months and after the shocks dealt by the coronavirus pandemic.

Global food concerns rise as Russia halts grain deal with Ukraine

KYIV, Ukraine (AP) — U.S. President Joe Biden has warned that world hunger could rise due to Russia’s suspension of a U.N.-brokered deal to allow safe passage for ships carrying Ukrainian grain. He spoke after Russia announced it would immediately stop participating in the deal, claiming that Ukraine carried out a drone attack on Russia’s Black Sea Fleet off the coast of occupied Crimea on Saturday. Ukraine has denied the attack. The grain initiative has enabled more than 9 million tons of grain in 397 ships to safely leave Ukrainian ports since it was signed in July. It was to be renewed at the end of November. The grain deal has succeeded in lowering global food prices, which have fallen about 15% from their peak in March.

Powerball Grand Prize Rises To $1 Billion Without A Jackpot Winner

DES MOINES, Iowa (AP) — The Powerball jackpot keeps growing because players keep losing. It happened again on Saturday night when no one matched all six numbers and he won the estimated $825 million grand prize. That means the next draw on Monday night will be for $1 billion via an annuity or $497.3 million in cash. The winning numbers on Saturday night were: white balls 19, 31, 40, 46, 57 and the red ball 23. One ticket holder from Florida got $2 million by matching all five white balls and six tickets won $1 million each. one, including two in California, two in Michigan, one in Maryland and one in Texas. Monday’s jackpot increase will remain the fifth largest in US history. The largest prize was a $1.586 billion Powerball jackpot won by three ticket holders in 2016.

Musk takes over Twitter and faces a crash course in social media

Twitter’s new owner, self-styled “free speech absolutist” Elon Musk, is about to get a crash course in global content moderation. Among his first moves after completing his $44 billion acquisition was firing top executives at the social media platform, including the woman in charge of trust and safety on the platform. He also posted a conciliatory note to wary advertisers, assuring them that he will not allow Twitter to become a “free-for-all hellscape.” The problem is that not even the richest man in the world can have both. And at least one major, tough advertiser wasn’t convinced he could pull it off. GM said on Friday that it was pausing advertising on Twitter.

Imminent US and Brazil Elections Put Musk’s Twitter to the Test

Crucial elections in Brazil and the United States are likely to pose the first big challenges for Elon Musk and his promise to relax content moderation on Twitter. The new owner of the platform has said that he wants to relax the rules created by Twitter to stop the flow of misinformation. Disinformation experts say a torrent of misinformation is already hitting voters in both Brazil and the U.S. If Musk makes good on his promise quickly, they say, that torrent could turn into a flood. One of Musk’s first moves was to fire the executive in charge of content moderation. He says a new committee will review the platform’s policies before any changes are made.

Workers leave iPhone factory in Zhengzhou amid COVID restrictions

HONG KONG (AP) — Workers at a manufacturing plant in the central Chinese city of Zhengzhou appear to have left to avoid COVID-19 restrictions. Many were traveling on foot days after an unknown number of Foxconn factory workers were quarantined at the facility following a virus outbreak. Videos circulating on Chinese social media platforms show people believed to be Foxconn workers climbing fences and carrying their belongings on foot down the road. Foxconn’s Zhengzhou plant is one of the largest factories in China that assembles products for Apple Inc., including its latest iPhone 14 devices. Cities around Zhengzhou have asked Foxconn workers to report their return with in advance so that they can undergo appropriate isolation measures.

Faced with the harsh winter, tourism roars again in the Mediterranean

CAPE SOUNION, Greece (AP) — Tourism is rebounding from the coronavirus pandemic more strongly than many expected. That’s partly due to the strength of the US dollar and pent-up travel demand in Europe after years of COVID-19 restrictions. It is a boon to the economies of southern European countries like Greece, Italy, Spain and Cyprus. The travel bug has also helped ease the continent’s tilt toward recession brought on by skyrocketing energy prices, the war in Ukraine and long-lasting disruptions from the pandemic. But experts warn the recovery is unlikely to last and hopes of building year-round holiday destinations are being stalled by a lack of long-term planning in Mediterranean economies.

Poland chooses the United States to build its first nuclear power plant

WARSAW, Poland (AP) — Poland says it has chosen the US government and Westinghouse to build its first nuclear power plant. The announcement is an important step in the central European nation’s efforts to burn less coal and gain greater energy independence. Prime Minister Mateusz Morawiecki announced Friday night that Poland’s nuclear power project will use Westinghouse’s “reliable and safe technology.” He said that a strong alliance between Poland and the United States “guarantees the success of our joint initiatives.” US Energy Secretary Jennifer Granholm said the $40 billion project would create or retain more than 100,000 jobs for American workers. She said that she also sent a message to Russia that it would no longer be allowed to “arm” the energy.

Feds Unveil Plan to Increase Wind Power and Protect Rare Whales

PORTLAND, Maine (AP) — The federal government has outlined a strategy to try to protect an endangered whale species while developing offshore wind power on the East Coast. The administration of President Joe Biden has made it a priority to promote offshore wind power along the Atlantic coast as the US pursues greater energy independence. Those waters are also home to the declining North Atlantic right whale, which numbers around 340 in the world. The National Oceanic and Atmospheric Administration and the Office of Ocean Energy Management released a draft plan this month to conserve whales while building wind projects.

Musk took over Twitter. Then some users started trying the chaos.

NEW YORK (AP) — Shortly after Elon Musk took control of Twitter, some conservative personalities wasted no time jumping onto the platform and recirculating long-debunked conspiracy theories in an ironic attempt to “test” whether policies of Twitter about disinformation were still being applied. Twitter has not announced any immediate policy changes. In a tweet posted Friday afternoon, Musk said Twitter will form a “content moderation council with widely diverse views” and that “no major content decisions or account resets will be made before that council meets.” “. But that didn’t stop users from cheering, or criticizing, what they hoped would be a quick acceptance of Musk’s promises to scale back moderation in the name of promoting free speech.

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