Category Archives: Business

Facebook won’t remove posts claiming COVID-19 is human-made

Facebook says it will no longer remove claims that COVID-19 is human-made or manufactured “in light of ongoing investigations into the origin of COVID-19 and in consultation with public health experts."

Atlanta philanthropist, businessman A.D. Correll dies at 80

MARIETTA, Ga. (AP) — Atlanta philanthropist and businessman A.D. “Pete” Correll, known for leading one of Georgia’s biggest companies and helping to save Atlanta’s public hospital, has died. He was 80.

Rising interest rates could dampen stimulus impact from federal budget, PBO says

OTTAWA — The parliamentary budget officer is pouring cold water on the economic fires from the government's latest spending plan, saying that an expected rise in interest rates should temper the amount of stimulus from the Trudeau Liberals' budget. The...

Bluenose schooner centennial events receiving more than $190,000 for anniversary year

LUNENBURG, N.S. — Three levels of government are providing funding to help promote the 100th anniversary of the launch of the Bluenose schooner in Nova Scotia.Ottawa, the province and the Town of Lunenburg, N.S., have allocated a total of $190,900

VP Harris announces business investments in Central America

WASHINGTON (AP) — Vice President Kamala Harris on Thursday announced commitments from a dozen companies and organizations to invest in Guatemala, Honduras and El Salvador as part of the Biden administration’s efforts to address the root causes of migra...

Biden to GOP: ‘Don’t get in the way’ of infrastructure plan

WASHINGTON (AP) — President Joe Biden on Thursday warned naysayers in Congress not to “get in the way” of his big infrastructure plans as the White House panned a counteroffer from Republican senators to tap unused COVID-19 relief for a

First quarter GDP unchanged at robust 6.4% annual rate

WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government's initial estimate. The recovery from last year's deep recession gained steam at the beginning

More jobless getting aid than in past even as cutoffs loom

WASHINGTON (AP) — Far more Americans are receiving unemployment benefits than the last time the jobless rate was at the current 6.1%, thanks to a major expansion of the federal safety net that has provided aid to millions of people

Germany, Norway flip switch on $2.4B undersea energy link

BERLIN (AP) — Germany and Norway inaugurated a new undersea cable Thursday that directly links the two countries' electricity networks, a project that has been described as a key step in Europe's effort to shift away from fossil fuels to

EU weighs Belarus sanctions at sectors close to leader

LISBON, Portugal (AP) — European Union nations sketched out plans Thursday for new sanctions against Belarus, targeting economic sectors close to its authoritarian leader, as they sought to strike back at him for the diversion of a passenger jet to

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