Latest Business News
Canada urges Biden not to cancel oil pipeline on first day
TORONTO (AP) — Top officials in Canada want a chance to make the case for a long disputed oil pipeline to be built amid reports President-elect Joe Biden will cancel Keystone XL. Alberta Premier Jason Kenney said Monday he will seek legal damages if reports are true that Biden plans to scrap the pipeline...
The Latest: California urges halt to 300K vaccine doses
PHOENIX (AP) — LOS ANGELES — California’s state epidemiologist is urging a halt to more than 300,000 coronavirus vaccine doses by Moderna because some people who received it needed medical treatment for possible severe allergic reactions. Dr. Erica S. Pan is recommending that vaccine...
Biden picks Chopra, Gensler for financial oversight roles
WASHINGTON (AP) — President-elect Joe Biden has chosen Rohit Chopra to be the director of the Consumer Financial Protection Bureau, tapping a progressive ally of Sen. Elizabeth Warren to helm the agency whose creation she championed. Chopra, now a commissioner at the Federal Trade Commission, helped launch...
Xi, Modi expected for 'virtual' Davos in era of pandemic
GENEVA (AP) — World Economic Forum organizers are expecting leaders including Chinese President Xi Jinping, Indian Prime Minister Narendra Modi, German Chancellor Angela Merkel and South African President Cyril Ramaphosa for a virtual gathering next week — after the COVID-19 pandemic doused plans...
Alaska Legislature to convene amid budget, virus concerns
JUNEAU, Alaska (AP) — Alaska lawmakers convene Tuesday amid economic fallout from the coronavirus pandemic and a near decadelong run of budget deficits. Reserve money is depleted, and tough decisions are ahead on how to use the state's nest-egg oil-wealth fund. It's unclear who will lead those debates:...
Italy: Conte clears hurdle to retain power, bigger one ahead
ROME (AP) — Italian Premier Giuseppe Conte won a crucial vote in Parliament's lower house Monday night after a coalition defector's lawmakers abstained in the balloting, but he must clear a much tougher hurdle less than 24 hours later in the Senate to hold on to power. Lawmakers in the Chamber of Deputies...
NY gov explores buying virus vaccine directly from maker
NEW YORK (AP) — Frustrated by the flow of coronavirus vaccine from the federal government, Gov. Andrew Cuomo on Monday floated the idea of buying shots for New Yorkers directly from one of the vaccine makers, Pfizer. The idea seemed far from a sure bet, with the pharmaceutical giant saying it would need...
Carl Icahn nixes charity bid to blow up ex-Trump casino
ATLANTIC CITY, N.J. (AP) — An auction house trying to raise money for a youth charity by soliciting bids to blow up a former casino once owned by President Donald Trump called off the effort Monday after receiving a cease-and-desist letter from conservative billionaire Carl Icahn. Icahn told The Associated...
Caesars plans $47 million renovation of Reno's Silver Legacy
RENO, Nev. (AP) — Caesars Entertainment has announced plans for another round of remodeling at one of its downtown Reno properties, a $47 million renovation at the 25-year-old Silver Legacy Resort Casino, the Reno Gazette Journal reported. The renovation expected to be completed by June involves the...
Vermont, NH hunters take record number of bears in 2020
MONTPELIER, Vt. (AP) — Preliminary numbers show that hunters had a record bear season in Vermont and New Hampshire last year, in part because of a surge in the number of hunters brought about by the coronavirus pandemic, state officials said. In Vermont, hunters took 914 bears during the early and late...
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