Category Archives: Economy

Aluminum shortage disrupts Montana license plate production

HELENA, Mont. (AP) — Montana has become the latest state to stop making license plates because of disruption in the U.S. aluminum supply — another example of supply chain problems caused by the pandemic.

US Democratic governors to participate in U.N. climate talks

SACRAMENTO, Calif. (AP) — U.S. governors want a seat at the table as international leaders prepare to gather in Scotland at a critical moment for global efforts to reduce fossil fuel emissions and slow the planet's temperature rise.

Oregon’s biggest city has ‘long way to go’ repairing its rep

PORTLAND, Ore. (AP) — Portland’s “badly damaged” reputation – marked by months of destructive protests, a homeless crisis and record year of homicides – is hurting the standing of Oregon’s largest city, according to the city's main tourism promoter.

FDA paves way for Pfizer COVID-19 vaccinations in young kids

WASHINGTON (AP) — The Food and Drug Administration on Friday paved the way for children ages 5 to 11 to get Pfizer's COVID-19 vaccine.

UK’s Johnson renews threat to EU over N Ireland trade

ROME (AP) — Prime Minister Boris Johnson on Friday renewed Britain’s threat to break from part of the Brexit divorce deal that he signed with the European Union unless a dispute over Northern Ireland trade is resolved.

US to gauge climate damage from federal oil and gas sales

BILLINGS, Mont. (AP) — U.S. government regulators for the first time will analyze greenhouse gas emissions from oil and gas drilling on federal lands on a national scale, as the Biden administration steps up efforts to address climate change, the

Prosecutors urge prison for Michael Avenatti in Nike case

NEW YORK (AP) — New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25

US hits Iran with sanctions ahead of key nuke talks meeting

WASHINGTON (AP) — The United States on Friday hit Iran with a fresh set of sanctions as President Joe Biden prepares for a key weekend meeting with European leaders to discuss the possible resumption of nuclear talks with the Islamic

Federal deficit hits $57 billion nearing halfway of fiscal year

OTTAWA — The federal government ran a deficit of more than $57 billion over the first five months of its fiscal year, about $114 billion less than the treasury pumped out during the same stretch one year earlier. The Finance Department's

Dorel to pay tax charge after Luxembourg Administrative Court ruling

MONTREAL — Dorel Industries Inc. says the Luxembourg Administrative Court has confirmed a tribunal ruling that one of Dorel’s subsidiaries owes US$64.2 million in tax. As a result, the company says it must pay a one-time remaining cash balance of US$45...

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