Category Archives: Business

Latvian woman charged in US with role in cybercrime group

WASHINGTON (AP) — A Latvian woman has been charged with developing malicious software used by a cybercrime organization that infected computers worldwide and looted bank accounts of millions of dollars, the Justice Department said Friday.

FBI subpoenas info on readers of news story on slain agents

WASHINGTON (AP) — The FBI issued a subpoena demanding U.S. newspaper giant Gannett provide agents with information to track down readers of a USA Today story about a suspect in a child pornography case who fatally shot two FBI agents

USDA sending $1B in funding to country’s food bank networks

WASHINGTON (AP) — The Department of Agriculture is sending $1 billion to the country's food bank networks, seeking to expand the reach of the system and revamp the way food banks acquire and distribute aid.

Ex-House member who resigned amid scandal hit with $220K fee

LOS ANGELES (AP) — Former California congresswoman Katie Hill has been ordered to pay about $220,000 in attorneys’ fees to a British tabloid and two conservative journalists she had sued after the publication of intimate photos without her consent.

Business Highlights: May’s jobs report, Facebook’s Trump ban

___ US businesses struggle to fill jobs even as hiring picks up

Stocks end the week higher as US jobs report calms Fed fears

TOKYO — Wall Street closed out a week of mostly choppy trading with broad gains Friday, pushing the S&P 500 to its second straight weekly gain.

US Navy to christen ship named for Australian capital

MOBILE, Ala. (AP) — The Navy will christen a ship made in Alabama on Saturday, naming it after Australia’s capital city.

No early heads-up from U.S. about plan to propose higher softwood duties, Ng says

WASHINGTON — Canada's international trade minister says she got no warning from her American counterpart before the United States proposed doubling its duties on Canadian softwood lumber.  Mary Ng told a House of Commons committee hearing that U.S. Tra...

Biden says jobs report bolsters case for government spending

President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going — essentially an argument for his agenda. But the employment numbers issued Friday also hinted at

Turkey says it’s made a new natural gas find in Black Sea

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan said Friday that a 135-billion cubic meter natural gas reserve has been discovered in Black Sea waters, which could help the energy-dependent country cover its needs in the years to come.

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