Category Archives: Economy
The Latest: Melbourne’s 4th pandemic lockdown to end Friday
MELBOURNE, Australia — Australia’s second-largest city will emerge from its fourth pandemic lockdown Friday. But some restrictions will remain and
Biden to launch task force on bottlenecks in supply chains
WASHINGTON (AP) — After completing a review of supply chains, the Biden administration announced Tuesday that it was forming a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.
Global sting began by creating message service for crooks
SAN DIEGO (AP) — When the FBI dismantled an encrypted messaging service based in Canada in 2018, agents noticed users moving to other networks. Instead of following their tracks to rivals, investigators decided on a new tactic: creating their own
Greenpeace wins Australian court case against power company
CANBERRA, Australia (AP) — Australia’s largest electricity generator on Tuesday largely lost its court case alleging that the environmental group Greenpeace had breached copyright and trademark laws by using its logo in a campaign that described the co...
Pipeline CEO defends paying ransom amid cyberattack
WASHINGTON (AP) — A pipeline company CEO on Tuesday defended his decisions to abruptly halt fuel distribution for much of the East Coast and pay millions to a criminal gang in Russia as he faced down one of the most
State media: Kim has plans to stabilize N. Korean economy
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un presented economic plans to senior ruling party officials before an upcoming meeting to review efforts to overcome hardships brought about by the pandemic, state media said Tuesday.
China pledges further COVID-19 aid to Southeast Asia
BEIJING (AP) — China on Tuesday pledged further assistance to Southeast Asian nations in battling the coronavirus pandemic as it seeks to boost influence with the region where the United States is also looking to strengthen ties.
US fights ruling to extend SSI benefits to Puerto Rico
SAN JUAN, Puerto Rico (AP) — The federal government filed a brief late Monday to the U.S. Supreme Court arguing Congress has the authority to withhold Supplemental Security Income benefits from U.S. citizens depending on where they live even as
Alaska governor urges lawmakers to act on dividend plan
JUNEAU, Alaska (AP) — Alaska Gov. Mike Dunleavy on Monday urged lawmakers to act on his proposal to place in the state constitution a new formula for the annual check residents receive from Alaska’s oil-wealth fund as the current special
Louisiana Senate scraps sales tax idea, tries new road plan
BATON ROUGE, La. (AP) — Louisiana senators Monday shelved their effort to renew a temporary state sales tax and instead unanimously backed a different tactic to steer millions of dollars more annually to roadwork that could create future budget gaps
