Category Archives: Business
Inflation triggers California minimum wage increase in 2023
SACRAMENTO, Calif. (AP) — California's minimum wage will jump to $15.50 per hour next year, Gov. Gavin Newsom's administration announced Thursday, an increase triggered by soaring inflation that will benefit about 3 million workers.
Kansas legalizes sports betting, then gets sued by casino
TOPEKA, Kan. (AP) — Kansas legalized sports betting Thursday, only to be sued almost immediately by the operator of a state-owned casino that could offer the new wagering over an unrelated part of the law designed to revive a long-closed
Minnesota lawmakers remain at odds over sports betting bill
ST. PAUL, Minn. (AP) — Minnesota lawmakers remain at odds over sports betting legalization as the House prepared to take up a proposal despite a lack of support in the Senate.
Crypto meltdown prompts Yellen to call for new regulation
WASHINGTON (AP) — Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed to respond to the wave of speculative investment in the currency who...
California lawmakers raise awards for malpractice lawsuits
SACRAMENTO, Calif. (AP) — The California Legislature on Thursday agreed to increase how much money people can win in medical malpractice lawsuits, resolving one of the thorniest disputes in state politics by raising a cap on damages for the first
What you need to know about the Bank of Canada following Poilievre’s fiery comments
TORONTO — During Wednesday's Conservative leadership debate in Edmonton, candidate Pierre Poilievre said he would remove Bank of Canada governor Tiff Macklem if he were to be elected prime minister. Poilievre has been critical of the Bank of Canada and...
Poland’s controversial central bank chief secures 2nd term
WARSAW, Poland (AP) — Poland’s controversial central bank chief narrowly won a second term Thursday after the country's governing coalition was able to muster enough votes in parliament for his re-election.
Spain debates if menstrual leave policy will help or hurt
MADRID (AP) — A government proposal that could make Spain the first country in Europe to allow workers to take menstrual leave has sparked debate over whether the policy would help or hinder women in the workplace.
Co-op housing could help solve Canada’s affordability crisis, advocates say
Ayanna Inniss believes the co-op movement could be part of the solution to this country's housing affordability crisis. The Edmonton-area woman still remembers the "soul destroying" experience of looking for affordable housing 20 years ago, before she ...
UK withholds security advice over peerage for oligarch’s son
LONDON (AP) — The British government refused Thursday to reveal whether intelligence agencies expressed concerns about the decision to award a noble title and a seat in Parliament to a newspaper owner whose father was a KGB agent.
