Category Archives: Economy
Prison group sues to keep immigrant detention center open
SEATTLE (AP) — Private prison corporation GEO Group has sued Washington state, saying a new law mandating the closure of the immigrant detention center it operates in Tacoma would unconstitutionally subvert federal authority.
Japan’s economy shrinks 5.1% as pandemic dries up spending
TOKYO (AP) — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic, according to government data released Tuesday.
AP source: NTSB chairman to step down at end of June
WASHINGTON (AP) — The chairman of the National Transportation Safety Board will step down from his position at the end of June, and the Biden administration is expected to nominate a fellow board member to replace him, a person familiar
Canadian National’s $33.6B bid to buy US railroad hits snag
OMAHA, Neb. (AP) — Regulators on Monday dealt a procedural blow to Canadian National's $33.6 billion plan to acquire Kansas City Southern railroad.
Ransomware hits AXA units in Asia, hurts Ireland healthcare
PARIS (AP) — Cybercriminals have hit four Asian subsidiaries of the Paris-based insurance company AXA with a ransomware attack, impacting operations in Thailand, Malaysia, Hong Kong and the Philippines, the insurer said.
Arizona sheriff’s immigration patrols to cost public $200M
PHOENIX (AP) — The costs to taxpayers from a racial profiling lawsuit stemming from former Sheriff Joe Arpaio’s immigration patrols in metro Phoenix a decade ago are expected to reach $202 million by summer 2022.
Ottawa ‘concerned’ as Centerra reports Kyrgyz government taking control of gold mine
CALGARY — Canadian miner Centerra Gold Inc. says the Kyrgyz Republic is moving to install external management at its Kumtor gold mine in the Central Asian country after "effectively seizing control" of the operation over the weekend. In a news release,...
Bidens paid 25.9% rate and earned $607,336, tax returns show
WASHINGTON (AP) — President Joe Biden restored a long-standing presidential tradition Monday by releasing his tax returns, showing that 25.9% of the first couple's income went to the federal government in 2020. The average federal income tax rate is ju...
Business Highlights: AT&T-Discovery merger, downtown outlook
Oprah and CNN: AT&T is merging media business with Discovery NEW YORK (AP) — U.S. telecom giant AT&T Inc. is combining
Sudan fires top judge, accepts prosecutor’s resignation
CAIRO (AP) — Sudan announced the resignation of the country’s chief prosecutor and the firing of the top judge Monday, without giving any reasons for the changes.
