Business

WASHINGTON - The economy is in crisis, but not everyone is feeling it the same way. One of the hardest-hit sectors is America’s small businesses. Over 99% of the nation’s 28.7 million firms are small and medium-sized businesses which contribute... Read More

WASHINGTON - Both the New Democrat Coalition and the Problem Solvers Caucus endorsed legislation on Tuesday intended to make the federal government's Paycheck Protection Program work better for more businesses across the country. Since its creation in the very first... Read More

WASHINGTON - Would you be willing to take a cruise right now? How about attending a live sporting event? Or staying in a hotel? Perhaps flying? A new survey of the travel and leisure attitudes of Americans found that more... Read More

The natural world has gotten a boost from the coronavirus pandemic.  With fewer cars on the roads and planes in the sky, the world has benefited from clearer skies and an unprecedented decline in carbon emissions.  Daily CO2 emissions decreased... Read More

The number of women running America's largest corporations has reached a record high with 37 of the companies on this year's Fortune 500 being led by female CEOs, Fortune magazine announced on Monday. The Fortune 500, which ranks America's largest... Read More

WASHINGTON - The Federal Motor Carrier Safety Administration announced on Thursday that it had finalized new rules to give truckers more flexibility on their driving hours. The announcement comes after two years of intense public debate over how to give... Read More

WASHINGTON - A bipartisan group of House lawmakers on Tuesday urged Congress to provide funding for the U.S. automobile industry in future coronavirus stimulus packages. “America’s motor vehicle industry must remain the heart of our nation’s manufacturing capability,” wrote the... 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 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 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 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, 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 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 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 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 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 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 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 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 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 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" 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 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 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 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 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 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 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 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. in an effort to contain the coronavirus, calling the fast-spreading respiratory illness a “horrible” pandemic that requires an “aggressive” response.... Read More