Latest Business News
Stock market today: Asian shares retreat after Wall St edges back from records
Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the Dow Jones Industrial Average briefly topped 40,000 for the first time. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after...
Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data
ST. LOUIS (AP) — The Environmental Protection Agency distributed about $3 billion to states last year to replace harmful lead pipes based on unverified data, according to an agency inspector general's memo, likely meaning some states got too much money and others got too little. ...
Nevada Supreme Court denies appeal of conservative activist seeking to oust county election official
RENO, Nev. (AP) — A conservative activist who embraced unproven election fraud claims has lost an appeal to the Nevada Supreme Court in his bid to oust a top county election official and others. The high court on Wednesday upheld a lower-court judge's earlier dismissal of Robert...
PEN America, facing ongoing criticism over its response to the Mideast war, gathers for annual gala
NEW YORK (AP) — With guests including Paul Simon and Seth Meyers, PEN America gathered Thursday night for its annual gala, a dressed-up, high-profile event raised even higher because some wondered if it would be held at all. The literary and human rights organization has faced...
Donor and consultant convicted again of trying to bribe North Carolina's insurance commissioner
CHARLOTTE, N.C. (AP) — A major North Carolina political donor and his associate have been convicted a second time of attempting to bribe the state’s insurance commissioner to secure preferential regulatory treatment for his insurance business. A federal jury convicted insurance...
Former Connecticut budget official arrested, pleads not guilty to bribery and extortion charges
HARTFORD, Conn. (AP) — A former top official in Connecticut Gov. Ned Lamont's budget office allegedly extorted private contractors into paying him thousands of dollars in bribes as he oversaw large blocks of state money for school construction projects, federal authorities said Thursday. ...
UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024
UNITED NATIONS (AP) — The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia. According to its mid-2024...
Justice Dept. makes arrests in North Korean identity theft scheme involving thousands of IT workers
WASHINGTON (AP) — The Justice Department announced Thursday multiple arrests in a series of complex stolen identity theft cases that officials say are part of a wide-ranging scheme that generates enormous proceeds for the North Korean government, including for its weapons program. ...
Kansas governor vetoes a third plan for cutting taxes. One GOP leader calls it 'spiteful'
TOPEKA, Kan. (AP) — Democratic Gov. Laura Kelly on Thursday vetoed a proposal for broad tax cuts, setting up a high-stakes election-year tussle with the Republican-controlled Kansas Legislature that one GOP leader called “spiteful.” It was the third time this year Kelly has...
Federal prosecutor in Arkansas stepped down while being investigated, report says
LITTLE ROCK, Ark. (AP) — A federal prosecutor in Arkansas left the post while under investigation for having an inappropriate relationship with an employee in the office, Justice Department documents show. The report, first reported by the Intercept and released Tuesday, said that...
