Category Archives: Business
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
Shortage of snowplow drivers hampers states as storms arrive
HELENA, Mont. (AP) — More U.S. drivers could find themselves stuck on snowy highways or have their travel delayed this winter due to a shortage of snowplow drivers — a reality that could hit home Friday as winter storms start
Australian military switches from European to US helicopters
CANBERRA, Australia (AP) — Australia's military said Friday it plans to ditch its fleet of European-designed Taipan helicopters and instead buy U.S. Black Hawks and Seahawks because the American machines are more reliable.
Senate passes bill easing way for debt limit increase
WASHINGTON (AP) — The Senate moved ahead Thursday with legislation that would create a one-time, fast-track process for raising the debt limit, overcoming a Republican filibuster and likely averting another last-minute rush to avoid a devastating feder...
