Latest Business News

Jack Daniel's inks deal on Tennessee solar farm

Apr. 14, 2021 04:10 AM EDT

LYNCHBURG, Tenn. (AP) — Iconic whiskey maker Jack Daniel’s has struck a long-term deal to fuel a solar panel farm a few miles from its Tennessee distillery. The Tennessee Valley Authority says the agreement with the Lynchburg-based distiller, Duck River Electric...

The Latest: Germany recommends vaccine switch for under-60s

Apr. 14, 2021 03:30 AM EDT

BERLIN — German health authorities are recommending that people younger than 60 who have already received one shot of the AstraZeneca vaccine use a different vaccine for their second dose over concerns of blood clots. The Health Ministry said Wednesday that it was...

Mobile sports betting money tempts cash-strapped states

Apr. 14, 2021 03:22 AM EDT

ATLANTIC CITY, N.J. (AP) — States around the country are realizing what gamblers figured out long ago: The future of sports betting — and tax money to be made from it — is online. But they're also realizing that extra tax money isn't nearly enough to turn seas of...

Asian stock markets advance after new Wall St high

Apr. 14, 2021 02:57 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after U.S. inflation ticked up and Japanese machinery orders fell. Shanghai, Hong Kong, Seoul and Sydney rose. Tokyo was off less than 0.5%. Wall Street's benchmark S&P...

Japan's Toshiba president steps down amid acquisition talks

Apr. 14, 2021 02:52 AM EDT

TOKYO (AP) — The president of Toshiba Corp. stepped down Wednesday, a week after the Japanese technology and manufacturing giant said it was studying an acquisition proposal from a global fund where he previously worked. Nobuaki Kurumatani tendered his resignation at a...

Maine delegation says USDA must distribute logger relief

Apr. 14, 2021 01:48 AM EDT

BANGOR, Maine (AP) — Maine's congressional delegation wants the federal government to distribute million of dollars in coronavirus relief for the logging industry. The four-member delegation said Monday the U.S. Department of Agriculture must quickly provide $200...

'Zoom in a Room'? California's schools lag in reopening push

Apr. 14, 2021 00:54 AM EDT

SAN FRANCISCO (AP) — Frustrated parents in San Francisco have coined a new phrase for their latest classroom reality: “Zoom in a Room." In Los Angeles, students can start going back to school in person, but more than half say they will stick with distance learning. ...

In Minnesota, suburban mayor is thrust into policing debate

Apr. 14, 2021 00:44 AM EDT

Mike Elliott is among many who celebrated his election as mayor of Brooklyn Center as the beginning of a new era, marking the first time one of Minnesota's most racially diverse places would be led by a person of color. Elliott, a Black man who had emigrated from Liberia as a child, was...

Sisolak wades into reopening after giving counties control

Apr. 14, 2021 00:26 AM EDT

CARSON CITY, Nev. (AP) — Nevada's Democratic Gov. Steve Sisolak said Tuesday he's confident each of the state's counties will be able to reopen at 100% capacity by June 1 — a declaration his critics are calling politically motivated since local officials will gain control over how to...

Televisa, Univision to jointly produce Spanish TV content

Apr. 13, 2021 23:46 PM EDT

MEXICO CITY (AP) — Grupo Televisa, Mexico’s largest television network, announced Tuesday it is joining with U.S. Spanish-language broadcaster Univision to form a third company that will produce content for both that will be the “definitive global leader in Spanish-language media.” ...