Tag: Government business and finance
Expect a lot more of the same if Trump wins a second term
Expect to see a lot more of the same if there's a second Trump administration.
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Biden looks to restore, expand Obama administration policies
Stop and reverse. Restore and expand.
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California unemployment chief to retire amid claims backlog
SACRAMENTO, Calif. (AP) — The director of California's unemployment benefits department said Friday she will retire at the end of the year following an...
US consumer spending rose a moderate 1.4% in September
WASHINGTON (AP) — U.S. consumers increased their spending by 1.4% in September, a modest gain but far less than the big increases of late...
Eurozone growth soars record 12.7% but fears grow for winter
FRANKFURT, Germany (AP) — The European economy grew by an unexpectedly large 12.7% in the third quarter as companies reopened after severe coronavirus lockdowns,...
Most Canadians hope for Trump defeat after insults, attacks
TORONTO (AP) — Donald Trump called Prime Minister Justin Trudeau “weak” and “dishonest” and attacked Canada's vital trade. He threatened tariffs on cars and...
Alaska university chancellor accepts new job in California
ANCHORAGE, Alaska (AP) — The chancellor of the University of Alaska Anchorage has announced that she plans to take a new position as the...
An Election Day role for National Guard? Maybe, but limited
WASHINGTON (AP) — Federal laws and long-standing custom generally leave the U.S. military out of the election process. But President Donald Trump’s unsubstantiated warnings...
Trump tests limits as Cabinet members fan out to key states
WASHINGTON (AP) — Education Secretary Betsy DeVos planned a “Moms for Trump” rally in her home state of Michigan. The Department of Homeland Security's...
Trump’s diversity training order faces lawsuit
New York (AP) — Three civil rights groups filed a lawsuit Thursday challenging President Donald Trump's executive order that prohibits federal agencies, contractors and...
Surge in virus threatens to reverse global economic rebounds
WASHINGTON (AP) — The resurgence of coronavirus cases engulfing the United States and Europe is imperiling economic recoveries on both sides of the Atlantic...
IMF blames resurgent coronavirus for UK growth downgrades
LONDON (AP) — The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, following an acceleration...
Trump rule says health plans must disclose costs up front
WASHINGTON (AP) — Trying to pull back the veil on health care costs to encourage competition, the Trump administration on Thursday finalized a requirement...
European Central Bank: Just wait until December
FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was...
Jobless claims fall to 751,000, but new infections a threat
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high...
EU digital boss: New rules to curb big tech aim for fairness
LONDON (AP) — The European Union is set to propose new laws to rein in the power of big tech companies, including measures to...
German unemployment drops unexpectedly in October
BERLIN (AP) — Unemployment in Germany fell unexpectedly in October, according to statistics released Thursday, suggesting that Europe's largest economy was beginning to shake...
Feds issue coverage plan for COVID-19 vaccine and treatments
WASHINGTON (AP) — Federal health officials Wednesday issued insurance coverage rules designed to deliver on the promise that every American will have access to...
Social media CEOs rebuff bias claims, vow to defend election
WASHINGTON (AP) — Under fire from President Donald Trump and his allies, the CEOs of Twitter, Facebook and Google rebuffed accusations of anti-conservative bias...
Road, logging restrictions to end in largest national forest
JUNEAU, Alaska (AP) — The federal government announced plans Wednesday to lift restrictions on logging and building roads in a pristine rainforest in Alaska...
AP Explains: The rule that made the modern internet
OAKLAND, Calif. (AP) — Twenty-six words tucked into a 1996 law overhauling telecommunications have allowed companies like Facebook, Twitter and Google to grow into...
Fiat Chrysler posts record Q3 profit ahead of PSA merger
MILAN (AP) — Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels.
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Japan PM says plan to release Fukushima water coming soon
TOKYO (AP) — Japanese Prime Minister Yoshihide Suga said Wednesday that his government is working on the final details of a plan to release...
Tennessee Senate nominee connects activism to election
MEMPHIS, Tenn. (AP) — When the Rev. Tondala Hayward learned about plans to build a landfill next to her church in a predominantly Black,...
Biden faces challenges in quickly combating the pandemic
WILIMINGTON, Del. (AP) — If Joe Biden wins next week's election, he says he'll immediately call Dr. Anthony Fauci, the nation's top infectious-disease expert....
Social media CEOs to face grilling from Republican senators
WASHINGTON (AP) — Less than a week before Election Day, the CEOs of Twitter, Facebook and Google are set to be grilled by Republican...
Still hampered by virus, US casinos want aid in recovering
ATLANTIC CITY, N.J. (AP) — The U.S. casino industry is seeking tax and regulatory relief from the government as it tries to recover from...
Embattled Malaysian PM gets respite but survival in balance
KUALA LUMPUR, Malaysia (AP) — A key ally's reaffirmed support for Malaysia's prime minister offers him a respite after his failed bid to declare...
Asian shares slip after Wall St’s worst day in a month
Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in...
US announces planned $2.37 billion weapon sale to Taiwan
WASHINGTON (AP) — The Trump administration on Monday notified Congress of plans for a $2.37 billion sale of Harpoon missile systems to Taiwan just...
Low expectations in Mexico as US election approaches
MEXICO CITY (AP) — A week before U.S. elections, expectations and attention are unusually low in a foreign country that may have more at...
Feeding Houston’s hungry: 1M pounds of food daily for needy
HOUSTON (AP) — In car lines that can stretch half a mile, (0.8 kilometers), workers who lost jobs because of the coronavirus pandemic and...
Coal magnate Robert Murray dies; he long fought regulators
ST. CLAIRSVILLE, Ohio (AP) — Robert Murray, the board chairman of the largest privately owned U.S. coal operator, who long fought federal regulations to...
Malaysian PM faces calls to resign after emergency rebuffed
KUALA LUMPUR, Malaysia (AP) — Malaysia's prime minister faced calls to resign from both sides of the political aisle Monday after the king rebuffed...
2/3rds of Chilean voters back rewriting their constitution
SANTIAGO, Chile (AP) — Amid a year of contagion and turmoil, Chileans turned out Sunday to vote overwhelmingly in favor of having a constitutional...
Asian shares little changed on uncertainty over US election
TOKYO (AP) — Asian shares were little changed in muted trading Monday amid widespread uncertainty over what the U.S. presidential election will portend for...
Malaysia’s king rejects PM’s proposal to declare emergency
KUALA LUMPUR, Malaysia (AP) — Malaysia's king on Sunday rejected a proposal by embattled Prime Minister Muhyiddin Yassin to declare a state of emergency...
UK doctors demand free meals for kids as COVID fuels hunger
LONDON (AP) — Pediatricians are urging the British government to reverse course and provide free meals for poor children during school holidays as the...
Observers say Tanzania’s presidential vote is already flawed
NAIROBI, Kenya (AP) — Tanzania's opposition faces a new obstacle in its quest to unseat President John Magufuli in Wednesday's election: It says the...
Murkowski’s nod gives Barrett extra boost for Supreme Court
WASHINGTON (AP) — Supreme Court nominee Amy Coney Barrett won crucial backing Saturday when one of the last Republican holdouts against filling the seat...
US legislators complain to Trump on Mexico energy policy
MEXICO CITY (AP) — Standing in front of a reopened coal-fired power plant, Mexican President Andrés Manuel López Obrador on Saturday defiantly rejected complaints...
Cunningham keeps low in NC Senate race marked by his affair
RALEIGH, N.C. (AP) — North Carolina Democratic Senate candidate Cal Cunningham is bypassing uncomfortable questions about his extramarital activities in the final days of...
UK-US trade pact opposed with Trump, cows and pigs as props
LONDON (AP) — Demonstrators dressed as chickens, a cow and President Donald Trump gathered Saturday in London to protest a proposed U.S.-U.K. trade deal...
Four years in, Trump has plenty of unfinished business
WASHINGTON (AP) — President Donald Trump swept into office nearly four years ago as an outsider who promised to get things done quickly on...
The Latest: Trump calls ‘Borat’ star an unfunny ‘creep’
WASHINGTON (AP) — The Latest on the presidential campaign (all times local):
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Trump, Biden scrap on oil, virus with just over a week to go
PENSACOLA, Fla. (AP) — President Donald Trump and his allies fought for support in pivotal battleground states Friday after a debate performance that gave...
US stocks shake off a wobbly start and end mostly higher
U.S. stock indexes closed mostly higher Friday, though the S&P 500 posted its first weekly loss in four weeks.
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Biden calls for ‘transition’ from oil, GOP sees opening
Democrat Joe Biden's remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night...
Unemployment fraud concerns prompt action in California
SACRAMENTO, Calif. (AP) — At least 350,000 debit cards filled with money for unemployment benefits in California have been frozen because of suspected fraud,...
Veggie burgers are still burgers, at least in Europe
BRUSSELS (AP) — It’s a meaty issue but the EU has taken a stance: veggie burgers are in fact burgers.
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School districts face hard choices amid pandemic-era cuts
SCHENECTADY, N.Y. (AP) — The school year in this old industrial city started with a whack of a budget ax. Teachers, classroom aides and...
Japan, Britain sign free trade deal for post-Brexit era
TOKYO (AP) — Japan and Britain signed a bilateral free trade deal Friday in the the first such major post-Brexit deal, reducing tariffs on...
The Latest: Trump says he will vote in person
WASHINGTON (AP) — The Latest on the presidential campaign (all times local):
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AP Explains: Why are UK and EU still arguing over Brexit?
LONDON (AP) — It’s more than four years since Britain voted to leave the European Union, and almost a year since Prime Minister Boris...
Tesla ‘full self-driving’ vehicles can’t drive themselves
DETROIT (AP) — Earlier this week, Tesla sent out its “full self-driving” software to a small group of owners who will test it on...
Facebook, Twitter CEOs ordered to testify by GOP senators
WASHINGTON (AP) — The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with...
Jacob Lawrence painting missing for 60 years rediscovered
A painting by American artist Jacob Lawrence that has not been seen in public for 60 years has been found and will soon take...
US jobless claims drop to 787,000, but layoffs remain high
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased...
US NATO allies still short on defense spending aims
BRUSSELS (AP) — U.S. allies in Europe and Canada have increased defense spending for a sixth consecutive year but most of them will still...
California theme park closures hit jobs, shops, budget
California's amusement parks have been pining to reopen for months, hoping to bring back thousands of workers sent home in March when the coronavirus...
Asian stocks follow Wall Street lower on lack of US aid plan
BEIJING (AP) — Asian stocks followed Wall Street lower on Thursday as investors watched Washington for signs of whether political leaders can agree on...
German arrest order for Panama Papers lawyers faces hurdle
PANAMA CITY (AP) — A German arrest order for two Panamanian lawyers whose firm was at the center of an international tax evasion scandal...
Tesla posts net profit for fifth straight quarter
DETROIT (AP) — Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter.
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Justice Dept. files landmark antitrust case against Google
WASHINGTON (AP) — The Justice Department on Tuesday sued Google for abusing its dominance in online search and advertising — the government’s most significant...
Suit: Feds ignore risk of huge spills to endangered species
NEW ORLEANS (AP) — Environmental groups asked a federal court Wednesday to throw out the Trump administration's assessment of oil and gas activity’s likely...
UK-EU trade talks back on after bloc offers olive branch
BRUSSELS (AP) — Britain and the European Union will resume their stalled trade negotiations at an “intensified” pace, the British government said Wednesday, in...
US hits Chinese media with new restrictions, upping tensions
WASHINGTON (AP) — The Trump administration is hitting Chinese media outlets in the U.S. with new restrictions, a move that will further foment tensions...
After years grappling with Google, Europe has tips for US
LONDON (AP) — The U.S. antitrust crackdown on Google might seem like deja vu for European Union regulators.
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UK government borrowing hits record due to pandemic
LONDON (AP) — The COVID-19 pandemic is battering Britain’s public finances, pushing government borrowing to a record last month as tax revenue fell and...
Cathay Pacific cuts 8,500 jobs, shutters regional airline
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it...
Report: Tax records show Trump tried to land China projects
WASHINGTON (AP) — President Donald Trump spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president...
How Google evolved from ‘cuddly’ startup to antitrust target
SAN RAMON, Calif. (AP) — In Google's infancy, co-founders Larry Page and Sergey Brin reviled Microsoft as a technological bully that ruthlessly abused its...
UK’s Lords condemns Brexit bill as UK-EU talks stay stalled
LONDON (AP) — Britain’s upper house of Parliament delivered a resounding condemnation of the government’s contentious new Brexit legislation on Tuesday, as a standoff...
Asian shares track Wall Street fall as virus aid hopes fade
TOKYO (AP) — Asian shares fell moderately Tuesday, tracking Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid...
Trump says Sudan to be removed from terrorism list
CAIRO (AP) — President Donald Trump on Monday said Sudan will be removed from the U.S. list of state sponsors of terrorism if it...
Los Angeles faces lawsuit over marijuana delivery licenses
LOS ANGELES (AP) — Two marijuana trade organizations filed a lawsuit Monday against the nation’s largest legal pot market over restrictions on stand-alone delivery...
Pandemic air travel milestone; 1 million passengers screened
SILVER SPRING, Md. (AP) — The number of passengers screened in a single day for flights in the U.S. topped one million for the...
Wales locks down as COVID-19 cases spike; Manchester resists
LONDON (AP) — Wales became the second nation in the United Kingdom to lock down large swaths of its economy to combat rising coronavirus...
UK, EU inch toward more Brexit talks but hurdles remain
LONDON (AP) — Britain and the European Union edged toward resuming their troubled trade talks on Monday, after the bloc's chief negotiator said he...
Thai authorities seek to censor coverage of student protests
BANGKOK (AP) — Thai authorities worked Monday to stem a growing tide of protests calling for the prime minister to resign by threatening to...
Supreme Court to hear case over border wall funding
WASHINGTON (AP) — The Supreme Court agreed Monday to hear the Trump administration's appeal of a lower court ruling that it improperly diverted money...
Japan exports fall amid slow recovery from pandemic downturn
TOKYO (AP) — Japan's exports fell at a slower pace in September in a sign that trade damage from the coronavirus pandemic is easing,...
The Latest: S. Korea increases hospital, nursing home tests
SEOUL, South Korea — South Korea has reported 76 new cases of the coronavirus as officials begin testing tens of thousands of employees at...
Former Democratic power broker James A. Johnson dies at 76
MINNEAPOLIS (AP) — James A. Johnson, a former Democratic campaign operative who was CEO of housing lender Fannie Mae in the 1990s and served...
UK minister: Door ‘still ajar’ for post-Brexit talks with EU
LONDON (AP) — A senior British official said Sunday the door is “still ajar” for post-Brexit talks to continue with the European Union if...
Asia Today: Melbourne eases lockdown as cases decline
MELBOURNE, Australia (AP) — Australia’s second-largest city, Melbourne, has loosened lockdown restrictions as new and active COVID-19 continue to decline.
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The Latest: Melbourne eases restrictions after cases drop
MELBOURNE, Australia — Australia’s second-largest city, Melbourne, has loosened lockdown restrictions as new and active COVID-19 continue to decline.
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Dark déjà vu for European economy as virus cases spike
LONDON (AP) — Europe’s economy was just catching its breath from what had been the sharpest recession in modern history. A resurgence in coronavirus...
The Latest: Trump tries to explain lower fundraising numbers
WASHINGTON (AP) — The latest on the presidential campaign (all times local):
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A late slide erases gains for US indexes, leaving them mixed
Wall Street closed out a choppy week of trading with more of the same Friday, as a late-afternoon stumble led U.S. stock indexes to...
GOP, Dems hope Supreme Court fight bolsters Senate prospects
WASHINGTON (AP) — For Republicans, the nomination fight over Amy Coney Barrett is a chance to seal conservative control of the Supreme Court for...
Awash in red ink: US posts record $3.1T 2020 budget deficit
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous...
UK says EU trade talks ‘over’ but bloc sees room for a deal
LONDON (AP) — British Prime Minister Boris Johnson said Friday that the U.K. must prepare for a no-deal break with the European Union unless...
Trump’s election-eve drug discounts for seniors get snagged
WASHINGTON (AP) — President Donald Trump’s plan to mail millions of seniors a $200 prescription savings card has hit legal and budget roadblocks, making...
Asian shares mixed amid 2nd wave coronavirus, election fears
TOKYO (AP) — Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on...
The Latest: Trump raises $247.8M in Sept., far behind Biden
WASHINGTON (AP) — The latest on the presidential campaign (all times local):
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10 charged with unemployment insurance fraud in Nevada
CARSON CITY, Nev. (AP) — On a 104-degree day in Las Vegas, Kenneth Greenland and Brittany Griesel were cruising down Sahara Boulevard in a...
Brexit trade talks: both EU and UK dig in heels
BRUSSELS (AP) — With both sides digging in their heels as another Brexit deadline passed Thursday, the European Union and Britain demanded concessions from...
DOJ charges Texas billionaire in $2 billion tax fraud scheme
SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say...
South Africa extends relief grants to help poor amid virus
JOHANNESBURG (AP) — South African President Cyril Ramaphosa announced Thursday that his government will extend relief grants to 6 million of the country’s unemployed...
