Category Archives: Economy

Youngkin wants Virginia out of carbon-reduction initiative

RICHMOND, Va. (AP) — Republican Virginia Gov.-elect Glenn Youngkin announced Wednesday that he would seek to use his executive powers to withdraw the commonwealth from a multistate carbon cap-and-trade program he said has overburdened ratepayers and bu...

Company behind proposed Calgary-Banff rail link asks province to kick in

CALGARY — Alberta Premier Jason Kenney said Wednesday his government sees potential merit in a proposed $1.5-billion passenger rail link that would connect Banff, to the Calgary International Airport, but added he's not ready to commit to a request for...

Kenney touts ‘Alberta is back’ in first speech to Calgary Chamber since 2019

CALGARY — Premier Jason Kenney used his first address to the Calgary Chamber of Commerce since the start of the pandemic to tout the recovery of Alberta's economy amid high energy prices. Saying that 'Alberta is back', he noted that in

Senate rejects Biden’s vaccine mandate for businesses

WASHINGTON (AP) — The Senate narrowly approved a resolution Wednesday to nullify the Biden administration's requirement that businesses with 100 or more workers have their employees be vaccinated against the coronavirus or submit to weekly testing. ...

Leaking California oil pipe’s safeguards not fully working

LOS ANGELES (AP) — The ruptured offshore pipeline that spilled tens of thousands of gallons of crude oil off the Southern California coast this fall did not have a fully functioning leak detection system at the time, according to a

UK: Omicron spreading quickly; Time to work from home again

LONDON (AP) — British Prime Minister Boris Johnson announced tighter restrictions Wednesday to stem the spread of the omicron variant, urging people in England to again work from home and mandating COVID-19 passes for entrance into nightclubs and large...

Native corporations face deadline for federal relief funds

JUNEAU, Alaska (AP) — Alaska Native corporations face a year-end deadline to use federal coronavirus relief funds that the U.S. Supreme Court in late June ruled they were entitled to receive.

WH has new slogan on infrastructure, but message the same

KANSAS CITY, Mo. (AP) — President Joe Biden unveiled a new slogan for his $1 trillion infrastructure package on Wednesday, but his overall message is staying largely the same.

$56K Alzheimer’s drug avoiding Biden’s cost curbs, for now

WASHINGTON (AP) — A new $56,000-a-year Alzheimer’s medication that’s leading to one of the biggest increases ever in Medicare premiums is highlighting the limitations of President Joe Biden’s strategy for curbing prescription drug costs.

Slovakia eases virus lockdown but not for the unvaccinated

BRATISLAVA, Slovakia (AP) — Slovakia’s government decided Wednesday to ease the country's current lockdown for vaccinated people and those who have recovered from COVID-19 but the restrictions for the unvaccinated.

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