Financial News

Monday, November 25th
November 22, 2019
AP-NC Newswatch
November 22, 2019
Financial News

 

 

 

Stocks mixed amid trade uncertainty…Pennsylvania to fund research into fracking health impacts

 

NEW YORK (AP) – Stock indexes are mixed in morning trading on Wall Street as a week clouded by uncertainty about progress in U.S.-China trade talks comes to a close. Chinese President Xi Jinping (shee jihn-peeng) told a visiting U.S. business delegation that Beijing is working to “try not to have a trade war” but will nevertheless fight back if necessary. New U.S. tariffs are set to hit Dec. 15 on many Chinese-made items on holiday shopping checklists, including smartphones and laptops.

 

UNDATED (AP) – Pennsylvania Gov. Tom Wolf says his administration will spend $3 million on a pair of studies to explore the potential health effects of the natural gas industry. Wolf is taking action after months of impassioned pleas by the families of pediatric cancer patients who live in the most heavily drilled region of the state. Dozens of children and young adults have been diagnosed with Ewing sarcoma and other forms of cancer in a four-county area near Pittsburgh.

 

CAPE CANAVERAL, Fla. (AP) – Spacewalking astronauts are back outside working to revitalize a cosmic ray detector at the International Space Station. At least four spacewalks are needed to fix the $2 billion spectrometer, on the hunt for elusive dark matter and antimatter for 8 1/2 years. Without a new cooling system, the experiment – led by a Nobel laureate – would end. NASA considers these the most complicated spacewalks since the Hubble Space Telescope repair missions a few decades ago.

 

ADDIS ABABA, Ethiopia (AP) – Ethiopian officials say the country will launch its first ever satellite next month. The satellite was built in China and will be launched from a site there. Ethiopia’s Innovation and Technology minister tells reporters the satellite will be used for agricultural, mining, environmental protection and earth observatory purposes.

 

JOHANNESBURG (AP) – South Africa’s troubled state-owned airline says flights will resume as normal over the weekend after it reached a deal with unions to end a week-long strike. South African Airways on Friday says it reached an agreement with the South African Cabin Crew Association and the National Union of Metalworkers of South Africa. The unions announced the strike shortly after the airline said it was launching a restructuring process that could affect nearly 950 employees.

 

 

AP-WF-11-22-19 1602GMT