Category Archives: Economy

House passes $35-a-month insulin cap as Dems seek wider bill

WASHINGTON (AP) — The House on Thursday passed a bill capping the monthly cost of insulin at $35 for insured patients, part of an election-year push by Democrats for price curbs on prescription drugs at a time of rising inflation.

Macy’s building NC distribution center, 2,800 jobs to come

CHINA GROVE, N.C. (AP) — Macy’s Inc. announced plans Thursday to build a distribution and online order fulfillment center in central North Carolina that ultimately will employ about 2,800 people.

New B.C. hydrogen office to help investment and emissions reduction: Horgan

VANCOUVER — A new government office dedicated to hydrogen projects and proposals could help British Columbia reduce greenhouse gas emissions and bolster the economy, the premier says. John Horgan said the BC Hydrogen Office will allow government to cre...

US will require valves on new pipelines to prevent disasters

BILLINGS, Mont. (AP) — U.S. officials on Thursday adopted a rule aimed at reducing deaths and environmental damage from oil and gas pipeline ruptures — a long-delayed response to fatal explosions and massive spills that have occurred over

Got a dime? Businesses seek Treasury help with coin shortage

WASHINGTON (AP) — Got a dime you can spare? Coins are in short supply — again. Retailers, laundromats and other businesses that rely on coins want

Germany: 6 men held in alleged plan to sabotage power lines

BERLIN (AP) — Authorities in Germany said Thursday they have detained six men on suspicion of planning to sabotage overhead power lines in order to disrupt the country's electricity supply.

Germany: 6 men held in alleged plan to sabotage power lines

BERLIN (AP) — Authorities in Germany said Thursday they have detained six men on suspicion of planning to sabotage overhead power lines in order to disrupt the country's electricity supply.

U.S. using Defense Production Act to kick-start domestic critical minerals production

WASHINGTON — President Joe Biden brandished one of the biggest weapons in his economic arsenal Thursday in hopes of turning the United States into a leading producer of electric-vehicle batteries and the minerals used to make them.  Biden issued an ord...

Third federal loan guarantee finalized for N.L.’s troubled Muskrat Falls project

ST. JOHN'S, N.L. — Financing has been secured for Ottawa's third loan guarantee propping up a delay-plagued hydro project in Newfoundland and Labrador. The province's Crown energy corporation says CIBC has underwritten a $1-billion loan guaranteed by t...

Ukraine nuclear operator: Russian troops leave Chernobyl

LVIV, Ukraine (AP) — Russian troops were leaving the Chernobyl nuclear power plant and heading towards Ukraine's border with Belarus, the Ukrainian nuclear operator company said. The

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