business

LANSING, Mich. - Today, the Michigan state legislature passed Senate Bill 748, a bipartisan bill that provides $465 million in COVID-19 economic relief from state and federal tax revenues. The spending plan was passed earlier today in Michigan’s state House... Read More

Sinclair Broadcast Group reported a massive loss for the quarter ended Sept. 30 due to charges related to its local sports segment during the coronavirus. The Hunt Valley-based broadcaster lost $3.2 billion for the July-to-September period as the company wrote off about $4.2 billion... Read More

American Airlines wants to give tours of Boeing 737 Max aircraft at DFW International Airport and other locations before the beleaguered jets return to the skies more than 18 months of being grounded. The Fort Worth-based airline, the second-largest U.S. owner of 737 Max jets, told employees at... Read More

At AMC Town Center in the Kansas City suburb of Leawood, Kan., the 20-screen complex has a few recent offerings: There's a new comedy starring Robert DeNiro and Rob Riggle, Christopher Nolan's "Tenet" and a thriller with Russell Crowe. But it's the oldies that tell the story of how the coronavirus... Read More

Rep. Chrissy Houlahan, D-Pa., has been recognized for her support of small business, by the U.S. Chamber of Commerce. Houlahan, who has represented Pennsylvania’s 6th Congressional District since 2018, is not only an Air Force veteran, engineer and educator, she’s... Read More

WASHINGTON - The U.S. Chamber of Commerce recognized Rep. Antonio Delgado, D-N.Y, with its yearly Spirit of Enterprise Award for his support of business-friendly initiatives in the first session of the 116th Congress. The chamber has rated members of Congress... Read More

WASHINGTON - Secretary of State Mike Pompeo announced Wednesday that he's informed Congress the State Department no longer considers Hong Kong to have significant autonomy under Chinese rule, a move seen as foreshadowing the end of some or all of... 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 - Industry and legal experts told the U.S. Senate Tuesday that the coronavirus pandemic is creating liabilities that are not adequately addressed by existing laws and regulations. As a result, business owners are running up against hundreds of lawsuits... Read More

WASHINGTON — Congressional leaders and the White House remained at stalemate Monday over an emergency coronavirus package to replenish a small business assistance program that ran out of funds last week, even as critics said misuse of the popular loan... 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 — Since 2014, Congress has protected patients and cannabis programs from federal marijuana prosecutions in states that allow it for medical use. Medical marijuana’s unique legal status involves a little-known provision called the Rohrabacher-Farr amendment that Congress renews every... Read More

WASHINGTON — When President Trump slapped 25% tariffs on foreign steel in March 2018, panicky U.S. buyers rushed to place new orders ahead of feared supply interruptions, driving prices up sharply. It was an instant bonanza for domestic steel producers.... Read More

SACRAMENTO, Calif. — Three years after California legalized the sale of recreational marijuana, most voters want municipalities to permit pot shops in their communities even though the vast majority of cities have outlawed them, according to a University of California,... Read More

WASHINGTON - The House passed a bill earlier this week that would grant legal marijuana businesses access to banking, resolving a longstanding challenge for the growing industry. The bill, called the SAFE Banking Act, passed 321-103 on the strength of... Read More