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A trader works on the floor of the New York Stock Exchange at the start of trading on Monday. Stocks around the world tumbled over fears of the omicron variant.

Stocks around the world were hit hard by omicron fears. Here are 3 things to know

The Dow Jones Industrial Average closed down 433 points and other exchanges around the world tumbled on Monday over fears about the omicron variant.

The riddle of Japan's dramatic drop in COVID numbers

The turnaround came in the wake of a fifth wave of infections that peaked in August. Japan is trying to figure out why its COVID-19 case numbers and fatalities have plummeted.

Residents stand amid damaged homes following Typhoon Rai in Talisay, Cebu province, central Philippines on Saturday, Dec. 18, 2021. The strong typhoon engulfed villages in floods that trapped residents on roofs, toppled trees and knocked out power in southern and central island provinces, where more than 300,000 villagers had fled to safety before the onslaught, officials said.

Desperation grows in the Philippines in the aftermath of Typhoon Rai

Rai is one of the most powerful storms to hit the southern Philippines on record. It's displaced more than 481,000 people and killed more than 150.

The recent COVID-19 outbreak at the SpaceX headquarters in Hawthorne, Calif., comes amid a new round of rising infections in California and across the country that have been fueled by the spread of the omicron variant.

SpaceX reports LA County's highest number of workplace COVID-19 cases

New data shows the Elon Musk-led company currently accounts for nearly 30% of workplace COVID-19 cases reported by Los Angeles County officials.

An American Airlines Boeing 787-9 Dreamliner approaches Miami International Airport. In a joint letter, the heads of Boeing and Airbus Americas reportedly called for postponing a planned Jan. 5 rollout of a 5G wireless network.

Boeing and Airbus urge a delay in 5G wireless service over safety concerns

The commercial jet makers have been warning that a plan to deploy new 5G wireless networks could pose a danger to vital aircraft systems.

Procter & Gamble recalled 32 of its dry shampoo and conditioner products, some of which are pictured here, after detecting "unexpected" levels of the carcinogen benzene in some products.

Procter & Gamble recalls 32 dry shampoo and conditioner products over benzene concern

The company said it had not received any reports of adverse events related to the products but was issuing the recall as a precautionary step.

A Chicago jury reaches a verdict in the trial of actor Jussie Smollett

Smollett, formerly of the TV series Empire — has been found guilty of lying to police about an anti-gay, racist attack on himself in 2019. The 39-year-old actor faces up to three years in prison.

Chinese President Xi Jinping (right) with Premier Li Keqiang (left) and members of the Politburo Standing Committee at the Great Hall of the People in Beijing on the eve of China's National Day on Sept. 30.

Not invited to Biden's democracy summit, China launches a propaganda blitz

President Biden's Summit for Democracy has kicked off. China is not invited — but it's still trying to project its own narratives about democracy.

U.K.'s Boris Johnson on blast for holding a Christmas party during lockdown in 2020

U.K. Prime Minister Boris Johnson is under fire after it emerged that Christmas parties were held in his official residence in 2020, in violation of COVID restrictions.

Americans don't feel direct payments or child tax credits helped them, new poll finds

An NPR/Marist poll shows that most Democrat voters are skeptical about the party's plans and few feel they were deeply helped by policies that already exist.

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