Category Archives: Business

Shanghai lockdown tests ‘zero-COVID’ limits, shakes markets

BEIJING (AP) — Chinese authorities sought to reassure companies and jittery investors on Tuesday as a two-phase lockdown of Shanghai’s 26 million people entered its second day, casting an unusual quiet over the normally bustling center of finance, manu...

Ukraine’s other fight: Growing food for itself and the world

HORDYNIA, Ukraine (AP) — Planting season has arrived in Ukraine. Boot marks stamped in the frozen earth have thawed. But the Pavlovych family's fields remain untouched in a lonely landscape of checkpoints and churches.

Volunteer vote-counters push for Hungary election integrity

BUDAPEST, Hungary (AP) — A grassroots civic initiative in Hungary, concerned over the integrity of an upcoming general election, has recruited more than 20,000 ballot counters to observe the high-stakes contest in which nationalist Prime Minister Vikto...

Biden budget has Manchin priorities: Tax rich, cut deficit

WASHINGTON (AP) — President Joe Biden's $5.8 trillion budget for next year would trim federal deficits and boost taxes on the wealthiest Americans. Both could appeal to Sen. Joe Manchin amid Democratic hopes of reviving talks with him over the

Calif. group votes to limit reparations to slave descendants

California’s first-in-the-nation task force on reparations voted Tuesday to limit state compensation to the descendants of free and enslaved Black people who were in the U.S. in the 19th century, narrowly rejecting a proposal to include all Black peopl...

Busch beer heiress Valentine enters Missouri US Senate race

JEFFERSON CITY, Mo. (AP) — Anheuser-Busch beer heiress Trudy Busch Valentine on Monday filed to run for U.S. Senate as a Democrat in Missouri. Valentine’s entrance to

Australia aims to ease inflation pressures ahead of election

CANBERRA, Australia (AP) — Australia’s government presented a range of economic measures on Tuesday such as halving the tax on gasoline to help cushion the impact of high inflation and win votes at elections due by May.

Commerce inquiry imperils solar industry, advocates say

WASHINGTON (AP) — In a decision that could dramatically undercut President Joe Biden’s ambitious climate goals, the Commerce Department said Monday it is investigating whether imports of solar panels from Southeast Asia are circumventing anti-dumping r...

Trump suit against Clinton part of longtime legal strategy

NEW YORK (AP) — When a Pulitzer Prize-winning architecture critic panned Donald Trump's plans for a new Manhattan skyscraper, Trump responded by suing. When the tenants of a building he was trying to clear sued to halt their evictions,

EXPLAINER: How would billionaire income tax work?

WASHINGTON (AP) — A “Billionaire Minimum Income Tax” is included in President Joe Biden’s fiscal year 2023 budget proposal — part of the administration’s effort to reduce the federal deficit over the next decade and fund new spending. The proposal

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