Category Archives: Business

Protesters blame Sri Lanka leader for severe economic crisis

COLOMBO, Sri Lanka (AP) — Anti-government protests roiled Sri Lanka's capital on Tuesday amid demands that President Gotabaya Rajapaksa resign, as the country suffers its worst economic crisis within memory.

AP FACT CHECK: Biden skirts blame on inflation; GOP gas hype

WASHINGTON (AP) — Facing political attacks over rising costs, President Joe Biden exaggerated his role in reducing the federal deficit and skirted responsibility by asserting that a flood of government spending into the economy has no impact at all on

Honda plans $1.38B plant upgrade in Ontario, feds and province to invest millions

ALLISTON, Ont. — A division of Honda Canada Inc. is set to announce Wednesday that it will spend $1.38 billion over six years to upgrade an Ontario manufacturing plant to make electric hybrid vehicles, an investment that includes millions in

Watchdog has concerns with projects at US nuclear repository

ALBUQUERQUE, N.M. (AP) — There’s no way of knowing if cost increases and missed construction deadlines will continue at the only U.S. underground nuclear waste repository, according to independent federal investigators, according to results of a federa...

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin, under fire from Senate Republicans for her views on climate change and financial regulation, has withdrawn her name from consideration for a key post on the Federal Reserve's Board of Governors.

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin withdrew her nomination Tuesday to a position on the Federal Reserve’s Board of Governors after a key Democrat had joined with all Senate Republicans to oppose her confirmation.

Pandemic preparedness bill moves ahead; funding still needed

WASHINGTON (AP) — A Senate committee on Tuesday approved a bipartisan blueprint to overhaul the nation’s public health system, applying the lessons of COVID-19 to future outbreaks through a new chain of command, a stronger medical supply chain, and cle...

Pfizer asks US to allow 4th COVID vaccine dose for seniors

WASHINGTON (AP) — Pfizer and its partner BioNTech asked U.S. regulators Tuesday to authorize an additional booster dose of their COVID-19 vaccine for seniors, saying data from Israel suggests older adults would benefit.

Critics take aim at legalized sports betting in Minnesota

ST. PAUL, Minn. (AP) — Critics of a bill to legalize sports betting in Minnesota warned legislators Tuesday that it would worsen problem gambling and favor tribes over other gaming interests.

EU and UK hit Russia with wider sanctions that target luxury

BRUSSELS (AP) — Pure-bred horses, truffles, a soccer club owner and a media company chief. New European Union sanctions against Russia on Tuesday sought to deny oligarchs

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