Category Archives: Economy

Nova Scotia premier wants his province to become Canada’s startup capital

HALIFAX — The Nova Scotia government announced today it will eliminate all regulatory fees for new businesses during their first two years in operation. The pledge stems from recommendations by the government's Economic Growth Council, an advisory grou...

Trump files suit against Facebook, Twitter and YouTube

WASHINGTON (AP) — Former President Donald Trump has filed suit against three of the country's biggest tech companies, claiming he and other conservatives have been wrongfully censored. But legal experts say the suits are likely doomed to fail, given ex...

Biden seeks to strengthen options for workers with new order

President Joe Biden plans to sign an executive order that will reduce the ability of employers to prevent workers from going to rival firms and remove some of the state occupational licensing requirements that make it harder to land a

Desperate Indonesians search for oxygen as virus cases soar

JAKARTA, Indonesia (AP) — With his aunt gasping for breath at home from her COVID-19 infection, 17-year-old Ridho Milhasan took matters into his own hands Wednesday and went to find her some oxygen.

India’s Modi drops 12 Cabinet ministers in massive reshuffle

NEW DELHI (AP) — In a massive Cabinet revamp, Indian Prime Minister Narendra Modi dropped 12 senior Cabinet ministers on Wednesday and inducted a younger team aimed at refurbishing his government’s image after widespread criticism of its handling of th...

The Latest: Virus outbreak straining Fiji’s medical system

WELLINGTON, New Zealand — Fiji’s medical system is showing signs of strain as a coronavirus outbreak grows. The Pacific island nation reported a record 791 new daily cases and three deaths.

UK court allows US to appeal denial of Assange’s extradition

LONDON (AP) — Britain’s High Court has granted the U.S. government permission to appeal a decision that WikiLeaks founder Julian Assange cannot be sent to the United States to face espionage charges.

Massive soil mound on slope seen as worsening Japan mudslide

TOKYO (AP) — A powerful mudslide that killed at least seven people and destroyed dozens of homes in a Japanese seaside resort started in an area with a history of land alterations, and a massive mound of soil piled there

China fines internet giants in anti-monopoly cases

BEIJING (AP) — Companies including internet giants Alibaba and Tencent were fined Wednesday by anti-monopoly regulators in a new move to tighten control over their fast-developing industries.

Are state interest-rate caps an automatic win for borrowers?

Small-dollar, short-term lenders, unburdened by a federal maximum interest rate, can charge borrowers rates of 400% or more for their loans.

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