Latest Business News

Alabama senators want Confederate tax to fund Black history

Apr. 11, 2021 15:26 PM EDT

MONTGOMERY, Ala. (AP) — Two Alabama state senators say they want to divert part of a statewide property tax tied to the legacy of the Confederacy to preserve and promote Black history in the state. Alabama imposed the tax to fund pensions for Confederate soldiers and...

The Latest: Michigan pushing for more vaccines amid spike

Apr. 11, 2021 14:32 PM EDT

DETROIT — Michigan Gov. Gretchen Whitmer vowed to keep pushing the White House for more COVID-19 vaccines as the state experiences a spike in cases. The Democrat on Sunday told CBS’ “Face The Nation” that she plans to work with the White House but wants to do...

Biden sees `win' for US in electric vehicle battery deal

Apr. 11, 2021 13:58 PM EDT

WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the...

Small Kansas water utility system hacking highlights risks

Apr. 11, 2021 13:52 PM EDT

ELLSWORTH, Kan. (AP) — A former Kansas utility worker has been charged with remotely tampering with a public water system's cleaning procedures, highlighting the difficulty smaller utilities face in protecting against hackers. Wyatt Travnichek, 22, was charged last...

Prisma abandons plan to buy 3 more South Carolina hospitals

Apr. 11, 2021 13:52 PM EDT

South Carolina's largest hospital system will not be buying three more hospitals, with Prisma Health announcing Friday that it was giving up the plans after an unfavorable court ruling and questions about whether the deal would give Prisma a near-monopoly over hospital care in much of the...

Iran calls Natanz atomic site blackout 'nuclear terrorism'

Apr. 11, 2021 13:48 PM EDT

DUBAI, United Arab Emirates (AP) — Iran on Sunday described a blackout at its underground Natanz atomic facility an act of “nuclear terrorism,” raising regional tensions as world powers and Tehran continue to negotiate over its tattered nuclear deal. While there...

Downtown hotel sues Charlottesville over tax bill

Apr. 11, 2021 13:48 PM EDT

CHARLOTTESVILLE, Va. (AP) — A hotel in downtown Charlottesville has filed a lawsuit accusing the Virginia city of overcharging it nearly $100,000 in taxes. The Daily Progress reports that Charlottesville’s City Council last week unanimously voted to allow the city...

Italy releases impounded migrant ship for routine upkeep

Apr. 11, 2021 13:28 PM EDT

MILAN (AP) — The Alan Kurdi rescue ship operated by a German nongovernmental organization has been released by an administrative court in Italy to return to Spain for routine maintenance and inspection, the group, Sea-Eye, said in statement Sunday. The ship was...

Farmer: Vidalia onions could be smaller, a bit pricier

Apr. 11, 2021 13:24 PM EDT

VIDALIA, Ga. (AP) — Georgia's signature sweet onions may be a little smaller and a little more expensive this year. Vidalia onions are scheduled to begin shipping on April 19, arriving in stores in the following days. Farmer Aries Haygood told...

Average US price of gas holds steady at $2.94 per gallon

Apr. 11, 2021 13:02 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline held steady over the past two weeks at $2.94 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price at the pump was likely to remain stable or drop as...