Category Archives: Business
GoFundMe withholding $4.7 million from trucker convoy until plan presented
GoFundMe has frozen access to the more than $4.7 million in funds raised by the trucker convoy now wending its way across the country toward Ottawa in a protest against vaccine mandates. "We require that fundraisers be transparent about the flow
GM to spend nearly $7B on EV, battery plants in Michigan
LANSING, Mich. (AP) — General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a
EXPLAINER: What post-unrest reforms is Kazakhstan proposing?
MOSCOW (AP) — Kazakhstan's leader has trumpeted ambitious economic reforms following the worst unrest in the country of 19 million in three decades. The measures are aimed at reducing the state’s deep involvement in the economy, bridging the gap betwee...
EXPLAINER: What are US options for sanctions against Putin?
WASHINGTON (AP) — The financial options being considered to punish President Vladimir Putin if Russia invades Ukraine range from the sweeping to the acutely personal — from cutting Russia off from U.S. dollars and international banking to slapping sanc...
Delay in creating new cybersecurity board prompts concern
RICHMOND, Va. (AP) — It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and try to
Belarus hacktivists target railway in anti-Russia effort
A Belarusian hacktivist group says it has launched a limited cyberattack on the national railway company, aimed at impeding the movement of Russian troops and freight inside the Moscow-allied country. It said it encrypted some servers, databases and w...
FDA halts use of antibody drugs that don’t work vs. omicron
WASHINGTON (AP) — COVID-19 antibody drugs from Regeneron and Eli Lilly should no longer be used because they don't work against the omicron variant that now accounts for nearly all U.S. infections, U.S. health regulators said Monday.
Trucker convoy raises millions in funds as vaccine-hesitant supporters flock to cause
A group of truckers has garnered millions in fundraising dollars from droves of supporters as it drives across the country to protest vaccine mandates, despite the vast majority of big-riggers having been jabbed and one expert warning of ties to
Biden revives ‘clean energy’ program with $1B loan guarantee
WASHINGTON (AP) — The Biden administration has issued its first clean energy loan guarantee, reviving an Obama-era program that helped launch the country’s first utility-scale wind and solar farms a decade ago but has largely gone dormant in recent yea...
IRS launches website for claiming part 2 of child tax credit
WASHINGTON (AP) — The government launched a revamped website Monday — the first day of tax filing season — to help people who were eligible for the expanded tax credit under last year's pandemic relief bill claim the second half
