Category Archives: Business

Tunisia’s leader wants corrupt tycoons to fund poor regions

TUNIS, Tunisia (AP) — Tunisia's president is proposing that hundreds of tycoons suspected of embezzlement reach a deal with the state to finance public hospitals, schools and development projects in poor regions to avoid convictions.

Revisions show slightly smaller GDP drop last year

WASHINGTON (AP) — The U.S. economy contracted by a slightly smaller amount last year than previously reported and grew slightly more in 2019 and slightly less in 2018.

US economy accelerated at a solid 6.5% rate last quarter

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession.

US economy surpasses pre-pandemic size with 6.5% Q2 growth

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of

US jobless claims down 24,000 to 400,000 as economy recovers

WASHINGTON (AP) — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession.

German court faults Facebook’s past handling of hate speech

BERLIN (AP) — A German federal court on Thursday faulted aspects of Facebook's handling of “hate speech," at least in the past. It ruled that the social network giant can't delete posts without at least informing users afterward, and must

Spanish judge recommends Shakira face tax fraud trial

BARCELONA, Spain (AP) — A Spanish judge investigating alleged tax fraud by Colombian musician Shakira recommended on Thursday that the case go to trial after concluding there is evidence that the pop star could have avoided her fiscal obligations to

Russia fines Google for violating data storage law

MOSCOW (AP) — A Moscow court ordered Google on Thursday to pay a fine of 3 million rubles (roughly $41,000) for refusing to store the personal data of Russian users on servers in Russia, a move that is part of

Russia fines Google for violating data storage law

MOSCOW (AP) — A Moscow court ordered Google on Thursday to pay a fine of 3 million rubles (roughly $41,000) for refusing to store the personal data of Russian users on servers in Russia, a move that is part of

Spain to extend COVID-19 aid to most vulnerable until Oct 31

MADRID (AP) — Spain's prime minister on Thursday announced that existing measures to protect the most vulnerable from the pandemic’s economic fallout will be prolonged until the end of October.

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