Category Archives: Economy
Fire erupts at warehouse of Brazil’s national film institute
BRASILIA, Brazil (AP) — A government warehouse storing movies, documents and antique projectors from Brazil's film industry caught fire Thursday night in Sao Paulo.
US urges UN Council to press Myanmar to return to democracy
UNITED NATIONS (AP) — A senior U.S. diplomat urged the U.N. Security Council on Thursday to press Myanmar’s military to stop violence and restore democracy, warning that with COVID-19 surging and hunger increasing, “the longer we delay, the more people...
Nikola founder Milton freed on $100M bail after fraud arrest
NEW YORK (AP) — The founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck startup, duping novice investors includ...
Climate bid faces tricky path over money for electric cars
WASHINGTON (AP) — The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on...
Ottawa raises $8.9 billion for 5G wireless licences in 3,500 MHz spectrum auction
The federal government raised $8.9 billion in a licence auction for a key band of 5G wireless spectrum in results announced after the close of markets Thursday. Canada's Big Three wireless companies led the pack, grabbing hundreds of licences for the
Biden’s COVID plan: Federal workers must report shot status
WASHINGTON (AP) — Key points in President Joe Biden's plan to increase COVID-19 vaccination among federal employees and encourage more Americans to get shots:
Florida virus cases soar, hospitals near last summer’s peak
MIAMI (AP) — Hospital admissions of coronavirus patients continue to soar in Florida with at least two areas in the state surpassing the previous peaks of last summer's surge, prompting calls by local officials for the governor to declare an
Fired Iowa Veterans Home leader kept excess pay, audit finds
IOWA CITY, Iowa (AP) — Gov. Kim Reynolds fired the leader of Iowa’s state-run nursing home for veterans in May after learning he had been overpaid by $90,000 over a nearly two-year period, a state audit reported Thursday.
Washington, DC, is back to requiring masks be worn indoors
WASHINGTON (AP) — In the face of rising regional COVID-19 infection numbers, the nation’s capital is returning to mandatory indoor mask requirements, regardless of vaccination status.
Heartbroken parents to sue a year after 9 troops died at sea
OCEANSIDE, Calif. (AP) — The families of eight Marines and one sailor who died when their amphibious assault vehicle sank off the Southern California coast last summer plan to sue the manufacturer of the vehicle that resembles an armored seafaring
