Category Archives: Economy
NKorea’s Kim vows to boost China ties amid pandemic hardship
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un said Thursday he’ll push to further upgrade relations with China, his main ally, as he struggles to navigate his country out of a deepening crisis linked to the pandemic.
Hundreds believed dead in heat wave despite efforts to help
SALEM, Ore. (AP) — Many of the dead were found alone, in homes without air conditioning or fans. Some were elderly — one as old as 97. The body of an immigrant farm laborer was found in an Oregon nursery.
PG&E seeks $3.6 billion in rate hikes for wildfire safety
SAN FRANCISCO (AP) — Pacific Gas & Electric asked regulators Wednesday to grant a $3.6 billion rate hike to help it pay for hardening its power systems to prevent deadly wildfires.
15-year-old phenom Moultrie signs with Portland Thorns
PORTLAND, Ore. (AP) — The Portland Thorns signed 15-year-old Olivia Moultrie to a three-year contract Wednesday, nearly two months after she filed a lawsuit challenging a National Women's Soccer League rule prohibiting players under 18.
Porter Airlines gets federal loan up to $270.5 million, including money for refunds
TORONTO — The parent company of Porter Airlines has reached an agreement with the federal government for loans valued up to $270.5 million, including $20.5 million to refund passengers for flights cancelled during the COVID-19 pandemic. Porter Aviation...
San Jose to require gun owners to carry liability insurance
SAN JOSE, Calif. (AP) — San Jose officials have passed the first law in the nation that requires gun owners to carry liability insurance and pay a fee to cover taxpayers’ costs associated with gun violence.
Latest reopenings mark return to business in mainland US
PORTLAND, Ore. (AP) — Oregon and Washington on Wednesday lifted most of their COVID-19 restrictions to become two of the last states to broadly ease virus orders put in place in the very first days of the pandemic.
Biden signs three bills to overturn Trump-era rules
WASHINGTON (AP) — President Joe Biden signed three separate laws Wednesday that dismantle part of the Trump era, blocking payday lenders from avoiding caps on interest rates, restricting climate-warming greenhouse gas emissions from oil and gas drillin...
Business Highlights: The scramble to hire, minimum tax
___ As US companies scramble to hire, workers enjoy upper hand
WH aims to help consumers with order on big business regs
WASHINGTON (AP) — The Biden administration is preparing an executive order to improve opportunities for consumers and small businesses by stepping up oversight of areas of the economy that are dominated by a select few companies, such as meatpacking an...
