Business

At the onset of the COVID-19 pandemic, it became clear that the nation’s manufacturing capabilities were ill-prepared to respond to the urgent needs of the medical community. As the pandemic’s scope progressed, so did China’s chokehold on supplying countries with... Read More

President Joe Biden on Tuesday moved to end a 17-year dispute with the European Union over how big a government subsidy each can provide to its major aircraft manufacturer. That’s Boeing in the case of the U.S.; Airbus in the... Read More

House lawmakers on Friday introduced sweeping antitrust legislation aimed at restraining the power of large tech companies and preventing corporate consolidation across the economy. Introduced by Antitrust Subcommittee Chairman David Cicilline, D-R.I., and Antitrust Subcommittee Ranking Member Ken Buck, R-Colo.,... Read More

The state of Kansas has been awarded Area Development Magazine’s prestigious Gold Shovel award in recognition of its successful year attracting high-value business investment. Over $6 billion in new business dollars and more than 26 thousand jobs have been created... Read More

Open to All and Yelp hosted a panel with leaders from Gap, H&M and The Body Shop to discuss ways to promote inclusivity on Thursday.  Executives with the companies discussed rainbow-washing and inclusivity that goes beyond Pride Month. Rainbow-washing is... Read More

The Supreme Court this week decided to leave in place a $2 billion verdict in favor of women who claim they developed ovarian cancer from using Johnson & Johnson talc products. As is their custom, the justices did not comment Tuesday on... Read More

COLUMBUS, Ohio - As Congress continues to grapple with whether high-speed internet should be considered essential infrastructure, as important as water and electricity, Ohio Attorney General Dave Yost took an unprecedented step against Alphabet's Google yesterday. In what the AG's... Read More

NEW YORK (AP) — Couples in the U.S. are racing to the altar in a vaccination-era wedding boom that has venues and other vendors in high demand. With restrictions on large gatherings loosening, wedding planners and others who make the... Read More

WASHINGTON (AP) — The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China. The 68-32 vote... Read More

LONDON — Finance Ministers from the Group of 7 have struck a landmark agreement to establish a 15% global minimum tax rate, discouraging large multinational companies from shifting profits to offshore tax-havens. The deal, announced over the weekend, was struck... Read More

A quartet of researchers in the United Kingdom say while the COVID-19 pandemic forced employers and employees alike into a “mass experiment” of workplace adjustments, the real work on what the future of work will look like is only just... Read More

PARIS (AP) — France's anti-competition watchdog decided Monday to fine Google 220 million euros ($268 million) for abusing its "dominant position" in the online advertising business, an unprecedented move, the body said. Practices used by Google "are particularly serious because... Read More

A study conducted by the Institute for Policy Studies found that 51 of the 100 S&P 500 firms with the lowest median worker wages last year manipulated pay rules to inflate the salaries of CEOs while their frontline employees struggled.... Read More

Recently, Rep. Steve Womack, R-Ark., visited family-owned oil and gas company Pruitt when the small business told the congressman that it would not have survived the pandemic had it not been for the Paycheck Protection Program funding it received. “PPP... Read More

WASHINGTON — The Department of Agriculture announced it will start making loan forgiveness payments to thousands of minority farmers in June as part of the American Rescue Plan Act. Roughly $4 billion was set aside by the economic relief package... Read More

The U.S. witnessed an “uptick” in ransomware attacks during the pandemic, particularly small businesses. And if those small businesses were offline even a couple of days, “the impact on their supply chain was so significant” that manufacturers turned to other... Read More

NEW YORK (AP) — Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, "Legally Blonde" and "Shark Tank," with the hopes of filling its video streaming service with more stuff to watch. Amazon is... Read More

SAN RAMON, Calif. (AP) — The judge who will decide a case challenging Apple's stranglehold on its iPhone app store indicated on Monday she would like to promote more competition but without dismantling a commission system that reaps billions of... Read More

If the White House and Democrats in Congress truly want to achieve President Joe Biden's economic goals, they should not overlook the need to modernize and improve the nation's cumbersome regulatory system, according to a new report from The Business... Read More

It was a scene that repeated itself at intersection after intersection in the District and surrounding communities in Virginia and Maryland this past weekend. Desperate-faced drivers, their knuckles taut against their steering wheels, slowly moving past lonely gas pumps and... Read More

WASHINGTON (AP) — U.S. restaurants and stores are rapidly raising pay in an urgent effort to attract more applicants and keep up with a flood of customers as the pandemic eases. McDonald's, Sheetz and Chipotle  are just some of the... Read More

CAMBRIDGE, Mass. — A working paper published by the National Bureau of Economic Research contends that working from home may be here to stay after the COVID-19 pandemic has subsided. The paper — authored jointly by Steven Davis of the... Read More

FORT LAUDERDALE, Fla. (AP) — During the gloomiest stretches of the pandemic, Dr. Diona Krahn's veterinary clinic has been a puppy fest, overrun with new four-legged patients.  Typically, she'd get three or four new puppies a week, but between shelter... Read More

Nathan Moose, a member of the Oglala Sioux Tribe, developed permanent lung damage equivalent to that of a heavy smoker, despite never having smoked a day in his life.   Moose was an employee of a casino for 11 years that... Read More

The Small Business Administration began accepting applications on Monday for the Restaurant Revitalization Fund, a program authorized in March by the passage of the American Rescue Plan Act. To receive funding, businesses must submit their application to the SBA on... Read More

Four Midwestern dairy groups who saw their revenues plummet as a result of the coronavirus pandemic have proposed a new pricing plan they hope will create greater long-term stability in fluid milk pricing and reduce the chance of similar income... Read More

WASHINGTON -- Washington, D.C.’s attorney general sued baby food maker Beech-Nut Nutrition Corp. this week with claims the company misled consumers by failing to disclose toxic metals in its food. The lawsuit filed in District of Columbia Superior Court incorporates... Read More

WASHINGTON — As the industry continues to rally back from the lifting of pandemic travel restrictions, some passenger airline companies are still struggling to retain full-time employees. February employment figures for airlines were down nearly 1% from January, according to... Read More

Billionaire investor Warren Buffett joined hundreds of other capitalists and corporate titans in signing an open letter condeming “discrimnatory” legislation designed to curtail voting rights. The letter, which appeared under the headline “We Stand for Democracy,” appeared as a double-page,... Read More

WASHINGTON -- As the U.S. death toll reached 564,000 from COVID-19, the nation’s top disease experts said Thursday normal life will return for Americans only when enough of them get vaccinated. But with more than 70,000 new infections daily, they... Read More