Category Archives: Economy

US, EU reach agreement to settle rift over Trump-era tariffs

ROME (AP) — The U.S. and European Union have reached an agreement to settle their diplomatic rift over Trump-era steel and aluminum tariffs, the White House announced Saturday, as President Joe Biden is in Rome attending the Group of 20

Kansas vaccine mandate foes rally; Holocaust comment decried

TOPEKA, Kan. (AP) — Hundreds of people opposed to COVID-19 vaccine mandates rallied Saturday at the Kansas Statehouse and pushed state lawmakers to quickly counter them, while an international labor union disavowed a local leader's comparison of the ma...

The Latest: Gala dinner for world leaders at G-20 summit

The Latest on the Group of 20 summit taking place in Rome: ROME — World leaders are capping their day of

G-20 opens with call for more vaccines for poor countries

ROME (AP) — Italy's Premier Mario Draghi made a sharp call to pick up the pace in getting vaccines to poor countries as he opened a conference of the world's powerhouse economies, calling the gaping global COVID-19 vaccine gap “morally

G-20 endorses global corporate minimum tax at Rome summit

ROME (AP) — Leaders of the world's biggest economies on Saturday endorsed a global minimum tax on corporations, a linchpin of new international tax rules aimed at blunting the edge of fiscal paradises amid skyrocketing profits of some multinational bus...

UK, France urged to cool down escalating fishing spat

PARIS (AP) — Britain and France faced calls Saturday to sort out their post-Brexit spat over fishing rights in the English Channel, which threatens to escalate within days into a damaging French blockade of British boats and trucks.

Power line campaign is most expensive in Maine history

PORTLAND, Maine (AP) — Mainers have weighed in on a number of high-profile ballot questions — casinos, universal health care, marijuana legalization, assisted suicide, abortion and same-sex marriage, to name a few.

LA, Long Beach ports will issue fines for backlogged cargo

LOS ANGELES (AP) — The Los Angeles-Long Beach port complex will begin fining shipping companies if they let cargo containers stack up as the nation's busiest twin harbors deal with an unprecedented backlog of vessels.

Chinese firm to pay $91M over dangerous dehumidifiers

LOS ANGELES (AP) — A Chinese company that sold millions of faulty dehumidifiers to U.S. customers will pay $91 million for failing to tell regulators that the devices could overheat and could catch fire, federal prosecutors announced Friday.

Maine voters torn by Hydro-Québec plan as referendum set for Tuesday

FORKS, MAINE — A major Hydro-Québec electricity export project is tearing apart the citizens of Maine, who will vote on its future in a referendum on Tuesday.  In communities near the 233-kilometre route of the Appalachian-Maine interconnection line, t...

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