Category Archives: Business

Arizona Supreme Court reinstates massive income tax cuts

PHOENIX (AP) — The Arizona Supreme Court on Thursday ruled that the state's voters do not have the right to reject a massive income tax cut approved by the Republican-controlled Legislature and Gov. Doug Ducey last year.

Bank of Canada governor Tiff Macklem says he won’t ‘rule anything out’ on rates

TORONTO — On a day when the Federal Reserve spooked markets with its tough talk on interest rates, Bank of Canada governor Tiff Macklem says he won’t "rule anything out" when it comes to the central bank’s own interest rate

California hikes costs for flood protections in farm country

Climate change is worsening the already significant threat of flooding in California’s farm country, and state officials said Thursday that as much as $30 billion may be needed over three decades to protect the region, an increase from five years

California will keep workplace pandemic rules through 2022

SACRAMENTO, Calif. (AP) — California workplace regulators on Thursday extended mandatory pay for workers affected by the coronavirus through the end of 2022, acting more than two months after state lawmakers restored similar benefits through September....

Bank of Canada governor Tiff Macklem says he won’t ‘rule anything out’ on rates

On a day when the Federal Reserve spooked markets with its tough talk on interest rates, Bank of Canada governor Tiff Macklem says he won’t "rule anything out" when it comes to the central bank’s own interest rate path and

Boston urges masks as battle brews over transit rule

Boston urged people to start wearing masks Thursday and the Biden administration weighed its next legal step in what is shaping up to be a high-stakes court fight over the abrupt end of the national mask mandate on airplanes and

House of Commons set to welcome back public, lift COVID-19 ban on visitors

OTTAWA — The House of Commons will next week lift a ban on public visits, introduced more than two years ago to stem the spread of COVID-19. The Commons chamber's public gallery will reopen on Monday, allowing people to once again

Report: Fire training, equipment lacking at US nuclear dump

ALBUQUERQUE, N.M. (AP) — The U.S. government’s nuclear waste repository in New Mexico has major issues in fire training and firefighting vehicles, with its fleet in disrepair after years of neglect, according to an investigation by the U.S. Energy Depa...

CEO says Flair has resolved foreign ownership issue — mostly — amid regulatory probe

Amid a regulatory probe of Flair Airlines, CEO Stephen Jones says the budget carrier has rejigged its governance structure to align with Canadian ownership rules — but that its "significant" debt to an American investor remains a concern. Jones's virtu...

Yellen weighs costs of war on Russia’s frozen assets

WASHINGTON (AP) — The mounting economic damage to Ukraine from Russia's ongoing bombardment has the U.S. and its allies speeding billions in aid to the beleaguered country — and looking for other sources of cash as well, including Russia itself.

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