Category Archives: Business

2 artists charged with faking Native American heritage

SEATTLE (AP) — Two artists are facing federal charges that they faked Native American heritage to sell works at downtown Seattle galleries. Lewis Anthony Rath, 52, of

Anchorage wins lawsuit over failed port construction

ANCHORAGE, Alaska (AP) — Anchorage has won its lawsuit with a federal agency over failed construction at the state’s largest port. U.S. Court of Federal Claims Judge

U.S. government deficit down 17% from same period a year ago

WASHINGTON (AP) — The U.S. budget deficit totaled $356.4 billion in the first two months of the budget year, down 17% from the same period a year ago thanks to a sharp jump in government revenues that offset a smaller

Amtrak says it could cut service over vaccination mandate

WASHINGTON (AP) — Amtrak will need to reduce service in January unless more employees get vaccinated against COVID-19, the passenger rail system’s president says. Stephen Gardner says

New inflation number feeds angst about Democrats’ $2T bill

WASHINGTON (AP) — Government reports on rising inflation and the potential costs of President Joe Biden's social and environment legislation raised fresh questions Friday about the bill's fate, with both sides hoping the new numbers would influence piv...

Cyprus issues 2nd offshore drilling license to ExxonMobil

NICOSIA, Cyprus (AP) — ExxonMobil and partner Qatar Energy expanded their stake in potential oil and gas deposits off Cyprus by signing a deal with the east Mediterranean island nation Friday for a second exploration license in waters that Turkey

Federal banking regulator OSFI holds domestic stability buffer at 2.5%

OTTAWA — The federal banking regulator is holding the domestic stability buffer at 2.5 per cent as it says the economy continues its recovery and Canada's largest banks remain robust. The Office of the Superintendent of Financial Institutions, which re...

Finland picks Lockheed Martin F-35A in $11B defense deal

HELSINKI (AP) — Finland has agreed to buy 64 Lockheed Martin fighter jets to replace its aging fleet of combat planes in a 10 billion-euro ($11.3 billion) deal that represents the Finnish military's largest ever purchase, the government said Friday.

Surging inflation is forcing people and businesses to adapt

WASHINGTON (AP) — A warehouse worker in Tennessee is running up against price increases that far exceed her modest pay raise. The owner of a pastry

Thousands in Oregon face eviction as lawmakers scramble

PORTLAND, Ore. (AP) — Inside Musonda Mwango’s Portland apartment are details of his life that have transformed the property into a home. His guitars hang in the corner where he composes music, Christmas decorations adorn the walls, and pictures of

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