Meralco to cut rates in May, possibly June as well

The Manila Electric Co. said it is cutting power rates this month by 29 centavos per kilowatt-hour and, depending on the supply-demand situation, might implement another reduction next month.

Oil prices rise in Asia in expectation of Aramco supply cut

Oil futures rose in Asian trading on Wednesday after Reuters reported that Saudi Arabia would cut supplies to the region as OPEC battles against rising US production that is threatening to derail its attempts to end a sustained global glut in crude.

PH manufacturing sector, stock market remain robust, reflect investor confidence – Palace

The country’s manufacturing sector remains the second best performer among Association of Southeast Asian Nations members, with the Philippine Stock Exchange has turned in a performance that reflects growing market and investor confidence, presidential spokesman Ernesto Abella said.

NOT GOING AWAY | Abella reiterates explanation of Duterte ‘lobby money’ comment

Despite his earlier clarification of President Rodrigo Duterte’s “lobby money talks” comment in the wake of Gina Lopez’s rejection as Environment secretary, Malacanang spokesman Ernesto Abella had to repeat on Wednesday his explanation that the chief executive did not mean money changed hands.

UN aviation agency seeks global approach to laptop ban

A United Nations agency has launched an effort to craft global guidance for the use of laptops and other portable electronics in passenger aircraft cabins after selective bans by the United States and Britain upset airline passengers as well as Middle Eastern carriers.
Duterte Lapanday protesters

Lapanday thanks Duterte for stressing due process in tiff with farmers

Lapanday Foods Corp. thanked President Rodrigo Duterte on Wednesday for stressing the need to comply with legal requirements in resolving its dispute with agrarian reform beneficiaries over a banana plantation in Tagum City, Davao del Norte.

‘American Idol’ to make comeback on TV in 2018

The show was canceled by Fox Television just last year after 15 seasons.

Mocha Uson to focus on social media as PCOO ASec

Her new job is already her second government posting in four months.

7 more Abu Sayyaf members give up in Sulu

Seven more members of the Abu Sayyaf surrendered to government forces in Sulu this week, bringing the number of extremists who have given themselves up as the military pressed its offensive to 47, the Western Mindanao Command said.

US to arm Syrian Kurds vs Islamic State despite Turkey’s ire

VILNIUS -- Despite fierce opposition from NATO ally Turkey, US President Donald Trump has approved supplying arms to Kurdish YPG fighters to support an...

Fire razes 50 houses in Biñan

Fire razed at least 50 houses along Florante Street in Barangay Poblacion, Biñan City shortly before noon on Tuesday.

Trump fires FBI chief Comey

President Donald Trump on Tuesday abruptly fired James Comey in the fallout over the FBI director’s probe of Democratic presidential nominee Hillary Clinton's emails last year, saying he was no longer able to effectively lead the agency.

US warns citizens vs travel to Palawan over ‘credible info’ of terror threats

(UPDATE - 2:14 p.m.) The United States embassy in Manila has warned Americans against traveling to Palawan citing "credible information" of plans by terrorist groups to carry out kidnappings in the province, one of the country's most popular tourist destinations.

Apple tops $800 billion market cap for first time

Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more than two years after it crossed the $700 billion threshold.
Hanford Site PUREX

NUCLEAR EMERGENCY | Tunnel collapse at Hanford plutonium reservation prompts alert, evacuation

CBS News at around 1:00 p.m. Tuesday (US Eastern Daylight Time, or 1:00 a.m. Wednesday PH time) broke the news that an emergency was...