Business

WASHINGTON — The worldwide market for concentrated solar power could be worth as much as $133 billion by 2030, despite high upfront costs and other concerns, a new report finds. If it does indeed achieve the value identified by Precedence... Read More

WASHINGTON — As Generation Z enters adulthood their spending and banking habits have the potential to increase social media advertising and the use of digital payments, such as mobile wallets, according to a new study by Thunes, a global B2B... Read More

STATEN ISLAND, N.Y. — Employees at a Staten Island Amazon Warehouse are the first to successfully vote to unionize in the tech company’s history. On April 1, the Amazon Labor Union tallied 2050 “yes” votes and 1574 “no” from workers,... Read More

WASHINGTON —The Federal Trade Commission is suing the makers of TurboTax, Intuit Inc., over an allegedly “deceptive” ad campaign offering “free” services and then having charges appear as Americans file their taxes with the online software. “TurboTax is bombarding consumers... Read More

PURCHASE, N.Y. — PepsiCo and Schneider Electric, a leading consultant on corporate purchasing of renewable energy, launched a new initiative Wednesday to increase access to green power for the soft drink giant’s value chain partners. Earlier this year, the company... Read More

WASHINGTON — The White House on Monday urged private companies to bolster their cyber defenses, citing intelligence that suggests the Russian government is exploring “options for potential cyberattacks” on entities and critical infrastructure in the United States. “To be clear,... Read More

WASHINGTON – Members of Congress are asking the Justice Department to investigate whether Amazon.com officials lied last year when they denied giving preference to their own offerings on their website. They sent a letter to U.S. Attorney General Merrick Garland... Read More

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week reflecting a low number of layoffs across the economy. Jobless claims fell by 18,000 to 215,000 for the week ending February 26, from 233,000 the previous week, the Labor... Read More

Ford said that it will run its electric vehicle and internal combustion divisions as two separate businesses to accelerate its adaptation of new technology and the Detroit automaker said Wednesday that its shift to electric vehicles is accelerating. Ford plans... Read More

WASHINGTON (AP) — The Supreme Court has agreed to hear a new clash involving religion and the rights of LGBTQ people in the case of a Colorado web designer who says her religious beliefs prevent her from offering wedding website... Read More

NEW YORK — New York Attorney General Letitia James can question former President Donald Trump and two of his adult children as part of a civil inquiry into his business practices, a state Supreme Court judge ruled Wednesday afternoon. The... Read More

WASHINGTON — The National Restaurant Association has chosen Michelle Korsmo, president and CEO of the Wine & Spirits Wholesalers of America, to be its new guiding light. Korsmo, who will start her new role on May 1, will hold the... Read More

WASHINGTON — Sens. Tim Scott, R-S.C., and Maggie Hassan, D-N.H., on Thursday introduced legislation to reinstate the Employee Retention Tax Credit that expired for most businesses in September. Originally introduced by the CARES Act in 2020, the program provided employers... Read More

WASHINGTON — The House voted 222-210 on Friday to approve legislation to bolster research and development to help the United States better compete with China, unravel supply chain snafus and give a much-needed boost to the domestic semiconductor industry. Rep.... Read More

WASHINGTON — Sens. Cory Booker, D-N.J., and Rob Portman, D-Ohio, joined by House Majority Whip James Clyburn, D-S.C. and Rep. Hal Rogers, R-Ky., are urging their colleagues to support a sweeping new anti-poverty bill intended, in their words, “to create... Read More

WASHINGTON (AP) — The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating coronavirus recession. The nation’s gross domestic product — its total output of goods and... Read More

ALBANY, N.Y. — New York Gov. Kathy Hochul’s first budget proposal as chief executive includes key tax credit extensions aimed at bolstering the state’s entertainment industry and revitalizing an economy still struggling with the coronavirus pandemic. Hochul’s proposed budget would... Read More

WASHINGTON — The Supreme Court recently gave the green light to a national vaccine mandate for 10 million health care workers who serve Medicaid and Medicare recipients. The mandate says, get vaccinated or lose funding from the U.S. Centers for... Read More

WASHINGTON — AT&T and Verizon on Tuesday agreed to delay their rollout of new 5G services near some unspecified airports over ongoing concerns that moving those services to a new band could cause flight disruptions. Debate has been raging for... Read More

WASHINGTON — The Supreme Court on Thursday blocked the Biden administration from enforcing a COVID-19 vaccine mandate on businesses that employ 100 or more workers, but in a separate ruling allowed a mandate on health care workers to proceed. In... Read More

WASHINGTON — A federal law banning surprise medical bills U.S. patients may receive following an emergency room visit, air ambulance trip, or receiving care out-of-network went into effect on Jan 1., but health policy expert Jack Hoadley finds that gaps... Read More

WASHINGTON — Two coaches from the Washington Nationals baseball team are adding to the lawsuits spun off from mandates by the federal government and private employers requiring employees to get vaccinated against COVID-19. The federal mandate announced by President Joe... Read More

WASHINGTON — Investment markets around the world are realizing that a short-term focus on purely financial goals is no longer sufficient. But as the momentum behind environmental, social, and governance builds, it’s the European Union that is really leading the... Read More

WASHINGTON — On Tuesday the Department of Labor set new limits on the amount of time employers can use tipped-employees to do non-tip-producing work.  The new ruling, implemented at a time of nation-wide labor shortages, comes via a clarification of... Read More

PURCHASE, N.Y. — Holiday retail sales, excluding automotive, increased 8.5% year-over-year this holiday season, according to Mastercard SpendingPulse. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment. It defines the “holiday season” as the period running... Read More

WASHINGTON — The Supreme Court announced Wednesday night that it will hold a special hearing in January to consider the constitutionality of vaccine mandates imposed by the Biden administration. Both of the cases the justices will hear on Friday, Jan.... Read More

WASHINGTON (AP) — U.S. health regulators on Wednesday authorized the first pill against COVID-19, a Pfizer drug that Americans will be able to take at home to head off the worst effects of the virus. The long-awaited milestone comes as... Read More

WASHINGTON — The U.S. Court of Appeals for the Sixth Circuit recently dissolved the stay of the emergency temporary standard mandating all businesses with 100 or more employees require staff to get fully vaccinated or undergo weekly testing.  “OSHA is... Read More

NEW YORK (AP) — After a wearying nearly two years of the pandemic, independent retailers are cautiously hoping their holiday seasons will be bright, despite the challenges this year ranging from supply chain snags to shortages of hot holiday items.... Read More

WASHINGTON — As states across the country prepare for a continued surge in cases of the omicron variant, a coalition of independent restaurant owners is urging Congress to replenish an emergency relief fund for their industry. According to the Independent... Read More