Category Archives: Business

Iowa GOP: Benefit cuts needed to spur people to take jobs

DES MOINES, Iowa (AP) — Iowa is nearing passage of a dramatic reduction in unemployment benefits to try to force people to fill thousands of open jobs and reverse a trend in which the governor argues the state's “safety net

FDA skeptical of benefits from experimental ALS drug

WASHINGTON (AP) — Federal health regulators issued a negative review Monday of a closely watched experimental drug for the debilitating illness known as Lou Gehrig's disease, after months of lobbying by patient advocates urging approval.

Biden’s budget plan: Higher taxes on rich, lower deficits

WASHINGTON (AP) — President Joe Biden announced a budget blueprint Monday that calls for higher taxes on the wealthy, lower federal deficits, more money for police and greater funding for education, public health and housing.

EU wants to end golden passport schemes, targets Russians

BRUSSELS (AP) — The European Commission recommended Monday that EU nations end golden passport schemes that allow wealthy people to buy their way into the bloc's citizenship, and urged them to assess whether Russian oligarchs linked to the Kremlin or

Germany: G7 rejects Russia’s demand to pay for gas in rubles

BERLIN (AP) — The Group of Seven major economies agreed Monday to reject Moscow’s demand to pay for Russian natural gas exports in rubles. German energy minister

Spain prepares economic support plan amid energy price spike

MADRID (AP) — Spain's government is readying a package of emergency economic measures worth 6 billion euros ($6.6 billion) in direct aid and tax breaks and 10 billion euros ($11 billion) in loans for families and businesses affected by the

Live updates: UN chief wants Ukraine humanitarian cease-fire

The United Nations chief has launched an initiative to immediately explore possible arrangements for “a humanitarian cease-fire in Ukraine” in order to allow the delivery of desperately needed aid and pave the way for serious political negotiations to ...

Ukraine war threatens food supplies in fragile Arab world

BEIRUT (AP) — Layal Aswad was already exhausted by Lebanon’s devastating two-year economic collapse. Now, as Russia’s invasion of Ukraine sends food and energy prices soaring even further, she finds herself struggling to put food on the table for her

Workers strike across India for labor rights, better pay

NEW DELHI (AP) — Millions of workers began a nationwide two-day strike across India on Monday to express their anger at the government’s economic policies and press their demands for improved rights for industrial workers, employees and farmers.

Malta premier claims election win for latest Labour triumph

VALLETTA, Malta (AP) — Maltese Prime Minister Robert Abela on Sunday claimed victory in his nation’s parliamentary election hours ahead of official results. If the win is

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