Category Archives: Business

US regulators endorse efforts to address climate risks

WASHINGTON (AP) — U.S. financial regulators on Thursday approved a series of steps toward addressing the dangers that climate change poses to the nation’s financial system.

FAA proposes giving flight attendants 1 more hour of rest

WASHINGTON (AP) — Federal regulators are proposing to give flight attendants an extra hour of rest between shifts, a change that Congress approved in 2018 but was not put into effect by the Trump administration.

France offers motorists cash assistance to help pay for fuel

PARIS (AP) — French Prime Minister Jean Castex announced on Thursday that millions of lower- and medium-income motorists would each be given 100 euros ($116) in one-off financial assistance to help them cope with rising gasoline prices.

Putin says new pipeline could quickly pump more gas to EU

MOSCOW (AP) — Russian President Vladimir Putin said Thursday that Russia could quickly boost natural gas supplies to the European Union once German regulators allow a new pipeline under the Baltic Sea to start operation.

Trump plan for new media venture gets investors’ thumbs up

NEW YORK (AP) — Some investors aren’t waiting to see if former President Donald Trump’s plans for a media company to challenge the likes of Facebook, Twitter and even Disney can actually become reality — they’re all in.

Biden bill would put US back on path of reducing uninsured

WASHINGTON (AP) — The Democrats’ social spending and climate change bill would put the United States back on a path to reducing its persistent pool of uninsured people, with estimates ranging from 4 million to 7 million Americans gaining health

City of Toronto seeks input on vacant home tax intended to increase housing supply

Torontonians are being asked for their input on a new tax aimed at boosting housing supply amid the city's ongoing affordability crisis.  But some observers say they question just how much of an effect the tax, which kicks in next year,

California proposes new oil drilling ban near neighborhoods

SACRAMENTO, Calif. (AP) — California's oil and gas regulator on Thursday proposed that the state ban new oil and gas drilling within 3,200 feet of schools, homes and hospitals to protect public health in what would be the nation's largest

Fed imposes sweeping new limits on policymakers’ investments

WASHINGTON (AP) — The Federal Reserve is imposing a broad new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign.

Facebook’s oversight board seeks details on VIPs’ treatment

WASHINGTON (AP) — Facebook’s semi-independent oversight board says the company has fallen short of full disclosure on its internal system that exempts high-profile users from some or all of its content rules.

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