Category Archives: Business
3 German parties aim to start formal coalition talks
BERLIN (AP) — Three German parties announced Friday that they aim to open formal coalition talks, moving a big step closer to a new government that would send outgoing Chancellor Angela Merkel's center-right bloc into opposition. The prospective partne...
White House targeting economic risks from climate change
WASHINGTON (AP) — The Biden administration is taking steps to address the economic risks from climate change, issuing a 40-page report Friday on government-wide plans to protect the financial, insurance and housing markets and the savings of American f...
Biden signs debt limit hike, but December standoff looms
WASHINGTON (AP) — President Joe Biden on Thursday signed into law a bill raising the nation's debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
New Mexico explores public financing for cannabis businesses
SANTA FE, N.M. (AP) — Small-scale marijuana businesses in New Mexico would receive access to publicly financed loans of up to $250,000 in an effort to promote social and economic fairness, under a proposal unveiled Thursday.
Battle over California fire insurance policies intensifies
SACRAMENTO, Calif. (AP) — Massive wildfires are making it harder for some California homeowners to get property insurance, pitting the state's insurance commissioner against the industry in an escalating conflict that will likely stretch into 2022's st...
Bank of Canada, Liberals watching supply-chain issues weighing on economic rebound
OTTAWA — The head of the Bank of Canada is warning that the faster pace of price increases may persist longer than first thought, and slow the pace of Canada's economic recovery, as global supply-chain issues weigh on the domestic
Feds warn companies: Fake online reviews could lead to fines
WASHINGTON (AP) — Federal regulators say they are cracking down on “an explosion” of businesses' use of fake reviews and other misleading messages to promote their products and services on social media.
FDA unlikely to rule on Merck’s COVID pill before December
WASHINGTON (AP) — The Food and Drug Administration said Thursday it will ask its outside experts to meet in late November to scrutinize Merck's pill to treat COVID-19.
$4.5B clean energy complex planned for southeast Louisiana
BATON ROUGE, La. (AP) — Industrial gas supplier Air Products announced Thursday it will build a $4.5 billion clean energy facility in Louisiana's capital region, a project that Gov. John Bel Edwards said will help the state's work to reduce
German minister faults airlines on Belarus migrant arrivals
BERLIN (AP) — Germany's foreign minister says airlines that fly would-be migrants to the European Union to Belarus should ask themselves whether they want to be part of a “smuggling ring” run by the country's authoritarian leader.
