Category Archives: Business
Haiti leader’s slaying exposes role of ex-Colombian soldiers
BUCARAMANGA, Colombia (AP) — As the coronavirus pandemic squeezed Colombia, the Romero family was in need of money to pay the mortgage. Mauricio Romero Medina's $790 a month pension as a retired soldier wasn't going far.
Mercedes sketches out all-electric scenario by decade’s end
FRANKFURT, Germany (AP) — Daimler AG's luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would
Co-conspirator of former Fall River mayor sentenced
BOSTON (AP) — An associate of the recently convicted former mayor of Fall River has been sentenced for his role in a scheme to extort money from marijuana vendors.
Biden admin stepping up community grants from COVID bill
WASHINGTON (AP) — President Joe Biden's administration is beginning to make $3 billion in economic development grants available to communities — a tenfold increase in the program paid for by this year's COVID-19 relief bill.
Sluggish start for stocks after climb in unemployment claims
BEIJING — Stocks are off to a sluggish start on Wall Street as investors look over a surprise increase in claims for unemployment benefits and mixed news on corporate earnings. The S&P 500 was wavering between small gains and losses
Unilever chief says company ‘fully committed’ to Israel
JERUSALEM (AP) — The chief executive of Unilever on Thursday said the global consumer goods giant remains “fully committed” to doing business in Israel, distancing himself from this week’s announcement by the company’s Ben & Jerry’s ice cream brand...
US jobless claims rise to 419,000 from a pandemic low
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy.
ECB says low rates to stay until the job is done
FRANKFURT, Germany (AP) — Facing unease over the spread of a more-contagious variant of the coronavirus, the European Central Bank said it would maintain its stimulus in the form of ultra-low interest rates until inflation “durably” reaches its 2% targ...
Germany’s Merkel says pipeline deal with US good for Ukraine
BERLIN (AP) — German Chancellor Angela Merkel said Thursday that a compromise deal that will allow the completion of a Russian gas pipeline to Europe without the imposition of further U.S. sanctions is “good for Ukraine.”
AP-NORC poll: Parties split on some infrastructure proposals
WASHINGTON (AP) — The overwhelming majority of Americans -- about 8 in 10 -- favor plans to increase funding for roads, bridges and ports and for pipes that supply drinking water. But that's about as far as Democrats and Republicans
