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Hungary to pull out of Russia-linked bank after US sanctions

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungary is withdrawing its membership in a Russia-controlled investment bank a day after the United States issued sanctions against the Budapest-based financial institution. The decision, announced on Thursday by Hungary’s Ministry of Economic Development, came in response to the U.S. Treasury Department placing sanctions on the

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Chip component plant to get $300M expansion in Pennsylvania

HARRISBURG, Pa. (AP) — The electronics subsidiary of German company Merck KGaA says it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania. The announcement Wednesday was attended by Gov. Josh Shapiro. EMD Electronics says it will create the world’s largest integrated specialty gases facility to serve the fast-growing semiconductor

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Germany scales back cannabis liberalization after EU talks

By GEIR MOULSON Associated Press BERLIN (AP) — Germany’s government has presented scaled-back plans to liberalize the country’s rules on cannabis. The proposal issued on Wednesday would decriminalize possession of limited amounts and allow members of nonprofit “cannabis clubs” to buy marijuana for recreational purposes. The health minister says German officials also envision setting up

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