Category Archives: Business
Bank of Canada cuts growth forecast for 2021, reduces bond-buying target
OTTAWA — The Bank of Canada says the domestic economy will grow at a slightly slower pace this year than it previously thought and expects the risks from COVID-19 to wane — but not enough to change its trendsetting policy
Neck rubs, tapped phones: Merkel has history with US leaders
BERLIN (AP) — Neck rubs, pricy dinners, allegations of phone tapping, awkward handshake moments. Angela Merkel has just about seen it
Sri Lanka economy in crisis as debt mounts, reserves dwindle
COLOMBO, Sri Lanka (AP) — Sri Lanka has cut back on imports of farm chemicals, cars and even its staple spice turmeric as its foreign exchange reserves dwindle, hindering its ability to repay a mountain of debt as the South
California pension fund agrees to $2.7 billion lawsuit deal
LOS ANGELES (AP) — The nation’s largest public pension fund has agreed to pay up to $2.7 billion to refund policyholders hit with huge hikes in their premiums, it was announced Tuesday.
Election depicts two Californias: Rising star or catastrophe
LOS ANGELES (AP) — Gov. Gavin Newsom and two leading Republican rivals in the California recall election painted disparate pictures of the nation’s most populous state, with the first-term Democrat describing it Tuesday as an economic powerhouse leadin...
Trump’s finance chief loses titles, roles after indictment
NEW YORK (AP) — The move by Donald Trump's company to strip its top finance chief from several leadership positions less than two weeks after his criminal indictment suggests it is facing a tricky, new business environment as it seeks
China tightens control over cybersecurity in data crackdown
BEIJING (AP) — Tech experts in China who find a weakness in computer security would be required to tell the government and couldn’t sell that knowledge under rules further tightening the Communist Party’s control over information.
Cuba confirms 1 man dead during antigovernment protests
HAVANA (AP) — Cuban authorities confirmed Tuesday that one person has died during demonstrations that have shaken the island in recent days by protesting over food shortages, high prices and other grievances against the government.
Missouri governor: Health officials play COVID-19 blame game
KANSAS CITY, Mo. (AP) — Missouri Gov. Mike Parson suggested Tuesday that some southwest Missouri health officials who are publicly discussing a marked increase in COVID-19 cases are trying to find someone to blame and want to scare people into
Lawsuit challenges Texas law banning abortion after 6 weeks
A coalition of abortion providers and advocates filed a federal lawsuit Tuesday challenging a Texas law that would allow private citizens to sue anyone for helping a woman get an abortion.
