Business
WASHINGTON - U.S. private sector employers cut 20.2 million jobs from their payrolls in April, a stunning sign of just... Read More
WASHINGTON - U.S. private sector employers cut 20.2 million jobs from their payrolls in April, a stunning sign of just what the coronavirus outbreak has done to the economy in a relatively short time. In a report released Wednesday, ADP,... Read More
WASHINGTON - Somewhere, Alexander Graham Bell must be smiling. Some 144 years after the Scottish-born scientist invented the world's first... Read More
WASHINGTON - Somewhere, Alexander Graham Bell must be smiling. Some 144 years after the Scottish-born scientist invented the world's first working telephone, the U.S. Supreme Court made history Monday by hearing oral arguments using his technology and allowing the world... Read More
WASHINGTON - The House Judiciary Committee on Friday asked Amazon CEO Jeff Bezos to testify after both Republicans and Democrats... Read More
WASHINGTON - The House Judiciary Committee on Friday asked Amazon CEO Jeff Bezos to testify after both Republicans and Democrats on the panel expressed concerns his deputies may have lied to Congress. The letter, which is signed by four Democrats... Read More
WASHINGTON - A wealthy homeowners association on exclusive Kiawah Island in South Carolina is returning a $1 million federal loan... Read More
WASHINGTON - A wealthy homeowners association on exclusive Kiawah Island in South Carolina is returning a $1 million federal loan intended to help small businesses and nonprofits after being taken to task by Rep. Joe Cunningham, D-S.C. Cunningham, who is... Read More
WASHINGTON - The Federal Reserve said Thursday it is expanding the scope and eligibility for the Main Street Lending Program,... Read More
WASHINGTON - The Federal Reserve said Thursday it is expanding the scope and eligibility for the Main Street Lending Program, a vehicle created to help credit flow to small and medium-sized businesses that were in sound financial shape before the... Read More
WASHINGTON — Restrictions on travel from Europe to the United States introduced in March by President Donald Trump could last... Read More
WASHINGTON — Restrictions on travel from Europe to the United States introduced in March by President Donald Trump could last for months, despite his initial statement they would remain in place for 30 days, three senior administration officials told McClatchy.... Read More
NEW YORK (AP) — The second round of loan applications for the government's small business relief program has been slowed... Read More
NEW YORK (AP) — The second round of loan applications for the government's small business relief program has been slowed by computer issues at the Small Business Administration. Lenders complained Monday that they couldn't get their applications into the SBA... Read More
WASHINGTON - The U.S. Supreme Court ruled Monday that Congress acted unlawfully when it reneged on a commitment to shield... Read More
WASHINGTON - The U.S. Supreme Court ruled Monday that Congress acted unlawfully when it reneged on a commitment to shield Affordable Care Act insurers from financial losses in the early years of its implementation. In an 8-1 ruling, the justices... Read More
The day after the Centers for Disease Control and Prevention in early April advised everyone to cover their faces in... Read More
The day after the Centers for Disease Control and Prevention in early April advised everyone to cover their faces in public, the co-owner of a small network of grocery stores in Wisconsin logged into Facebook and began a post: “HELP!”... Read More
WASHINGTON - A bill introduced by two Democratic congressmen Thursday would make businesses in the previously flourishing cannabis industry eligible... Read More
WASHINGTON - A bill introduced by two Democratic congressmen Thursday would make businesses in the previously flourishing cannabis industry eligible to apply for COVID-19 relief programs run through the Small Business Administration. In the wake of the shuttering of many... Read More
When the coronavirus started shutting down livestock markets, Darvin Bentlage knew his farm would take a hit. Springtime cattle sales... Read More
When the coronavirus started shutting down livestock markets, Darvin Bentlage knew his farm would take a hit. Springtime cattle sales usually bring in about a third of his ranching income, and cattle prices were already at a low, he said. ... Read More
WASHINGTON - Despite the continued uncertainties related to the COVID-19 virus, government officials trying to beat back the pandemic need... Read More
WASHINGTON - Despite the continued uncertainties related to the COVID-19 virus, government officials trying to beat back the pandemic need to resist the temptation to erect new barriers to trade, an international trade watchdog said Friday. Further, the report said,... Read More
WASHINGTON - To no one's surprise, the coronavirus outbreak -- once it breached our shores -- became all anyone was... Read More
WASHINGTON - To no one's surprise, the coronavirus outbreak -- once it breached our shores -- became all anyone was talking about. Fears over the pandemic and the grim death toll projections dominated the early narrative, to be surpassed later... Read More
Billionaire Investor Mark Cuban headlined a virtual discussion hosted by Axios Friday afternoon focused on leading in a crisis, sharing... Read More
Billionaire Investor Mark Cuban headlined a virtual discussion hosted by Axios Friday afternoon focused on leading in a crisis, sharing his thoughts on specifically how to lead and work together for social good in the midst of a global pandemic. ... Read More
WASHINGTON - The rating agency Moody's downgraded its outlook for non-bank mortgage lenders in the U.S. from "stable" to "negative"... Read More
WASHINGTON - The rating agency Moody's downgraded its outlook for non-bank mortgage lenders in the U.S. from "stable" to "negative" on Thursday, warning the industry faces "intense" liquidity problems due to the ongoing coronavirus outbreak. As previously reported in The... Read More
WASHINGTON (AP) — It may be an odd gesture at a time of social distancing, but President Donald Trump is... Read More
WASHINGTON (AP) — It may be an odd gesture at a time of social distancing, but President Donald Trump is leaning into his plea to Congress to restore full tax benefits prized by business for fine dining and schmoozing. Trump... Read More
WASHINGTON - The Treasury Department provided some guidance Monday night on how it will award grants and loans to airlines... Read More
WASHINGTON - The Treasury Department provided some guidance Monday night on how it will award grants and loans to airlines affected by the coronavirus outbreak, urging them to apply for "payroll support" by Friday. The department said the resources it... Read More
WASHINGTON - Even before Congress had passed the third economic stimulus package of the coronavirus era on Friday, talk had... Read More
WASHINGTON - Even before Congress had passed the third economic stimulus package of the coronavirus era on Friday, talk had turned to what should be included in a currently hypothetical, but no less likely, fourth stimulus bill. Among the welcome... Read More
WASHINGTON - In a case with implications to both maritime transportation and international trade, the Supreme Court ruled a firm... Read More
WASHINGTON - In a case with implications to both maritime transportation and international trade, the Supreme Court ruled a firm that contracted for a delivery of oil was obligated to provide “safe berth” for the vessel carrying it. The underlying... Read More
WASHINGTON — The White House’s top economic adviser, Larry Kudlow, said the administration may consider asking for an equity stake... Read More
WASHINGTON — The White House’s top economic adviser, Larry Kudlow, said the administration may consider asking for an equity stake in corporations that want coronavirus aid from taxpayers. “One of the ideas is, if we provide assistance, we might take... Read More
WASHINGTON - U.S. Airlines are asking for close to $60 billion in government assistance to help them deal with industry... Read More
WASHINGTON - U.S. Airlines are asking for close to $60 billion in government assistance to help them deal with industry travails associated with the ongoing coronavirus outbreak. Airlines for America, the trade association that represents Delta, United, American and Southwest,... Read More
North Charleston, South Carolina, the smaller, hard-working neighbor of the historic coastal city that shares its name, suddenly found itself... Read More
North Charleston, South Carolina, the smaller, hard-working neighbor of the historic coastal city that shares its name, suddenly found itself at the center of a regional crisis. Home to a thriving Navy base for nearly a century, it learned in... Read More
President Donald Trump took the extraordinary step Wednesday of announcing a suspension of all travel from Europe to the U.S.... Read More
President Donald Trump took the extraordinary step Wednesday of announcing a suspension of all travel from Europe to the U.S. in an effort to contain the coronavirus, calling the fast-spreading respiratory illness a “horrible” pandemic that requires an “aggressive” response.... Read More
MIAMI (AP) — The NBA has suspended its season “until further notice" after a Utah Jazz player tested positive Wednesday... Read More
MIAMI (AP) — The NBA has suspended its season “until further notice" after a Utah Jazz player tested positive Wednesday for the coronavirus, a move that came only hours after the majority of the league's owners were leaning toward playing... Read More
WASHINGTON — As the White House, Congress and the Federal Reserve struggle to stem the growing financial and economic crisis,... Read More
WASHINGTON — As the White House, Congress and the Federal Reserve struggle to stem the growing financial and economic crisis, the likelihood of success may ultimately come down to one factor: the American consumer. What’s largely behind the mounting recession... Read More
WASHINGTON - Secretary of State Michael Pompeo delivered a stern warning about China in a speech to governors on Saturday,... Read More
WASHINGTON - Secretary of State Michael Pompeo delivered a stern warning about China in a speech to governors on Saturday, warning that Beijing is using economic promises as a wedge to exploit U.S. vulnerabilities. "The competition with China is not... Read More
WASHINGTON - National Security Advisor Robert O’Brien told a gathering of world ambassadors this week that China has engaged in... Read More
WASHINGTON - National Security Advisor Robert O’Brien told a gathering of world ambassadors this week that China has engaged in a "massive theft" of Intellectual property from the U.S., complicating diplomatic relations and making events like the recent trade dispute... Read More
WASHINGTON - A majority of U.S.- based large employers are expanding paid leave benefits by increasing the number of days... Read More
WASHINGTON - A majority of U.S.- based large employers are expanding paid leave benefits by increasing the number of days available for leave, broadening eligibility, and considering new types of paid leave, a new Business Group on Health survey found.... Read More
The United States and France agreed Thursday to proceed with talks that could result in a global rewrite of cross-border... Read More
The United States and France agreed Thursday to proceed with talks that could result in a global rewrite of cross-border tax rules for the digital era. The agreement to temporarily set aside a brewing tariff war over France’s digital tax... Read More
New Mexico Gov. Michelle Lujan Grisham last week declared the burgeoning space industry is one of her nine economic growth... Read More
New Mexico Gov. Michelle Lujan Grisham last week declared the burgeoning space industry is one of her nine economic growth sectors for the state. “New Mexico is truly breaking barriers in the space industry,” the governor said as she opened... Read More