Category Archives: Business

Banker gets gets 1 year in prison in Manafort loan scheme

NEW YORK (AP) — A Chicago banker was sentenced on Monday to a year in prison for his conviction in a scheme to make $16 million in loans to Paul Manafort to gain influence in the Trump administration.

Biden plan to spend $725M to clean up abandoned coal mines

CHARLESTON, W.Va. (AP) — Nearly $725 million in federal funding is available this fiscal year to 22 states and the Navajo Nation for the reclamation of abandoned coal mines and cleanup of acid mine drainage, the U.S. Department of the

B.C. government rejects proposal for gold and copper mine for third time

VICTORIA — The British Columbia government says a proposed copper and gold mine on a First Nation's territory will not be given an environmental assessment certificate, citing potential risks to water quality and fish.  In a news release, the governmen...

Peter Thiel leaving board of Facebook parent Meta

MENLO PARK, Calif. (AP) — Peter Thiel, a Silicon Valley billionaire and advisor to former President Donald Trump, is leaving the board of directors of Facebook parent company Meta.

US and Japan reach deal to make most steel imports tax-free

U.S. government officials said Monday that they reached an agreement to essentially lift the 25% tariff that former President Donald Trump imposed on imported Japanese steel. The

California votes to require paid sick leave for virus cases

SACRAMENTO, Calif. (AP) — When Crystal Orozco got sick with the coronavirus last month, she missed nearly two weeks’ worth of her salary as a shift leader at a fast food restaurant and had to ask family members for a

California town drops cougars as reason to bar more housing

WOODSIDE, Calif. (AP) — A wealthy California town has abandoned a claim that it is exempt from a new state law allowing increased housing density because the entire community is habitat for mountain lions.

IRS to end use of facial recognition to identify taxpayers

WASHINGTON (AP) — The IRS said Monday it will suspend the use of facial recognition technology to authenticate people who create online accounts after the practice was criticized by privacy advocates and lawmakers.

Polish finance minister resigns as new tax system stumbles

WARSAW, Poland (AP) — Poland's finance minister has resigned over “shortcomings” of the new tax system that has led to lower net pay for many professionals, Poland’s main ruling party said Monday.

New Brunswick maple syrup producers seek more Crown land to expand production

FREDERICTON — Maple syrup producers in New Brunswick are pushing the provincial government to respond to their request for more Crown land on which to expand production and meet a growing global demand for their products. Producers have been waiting tw...

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