Latest Business News

The Latest: No. 2 Australian city passes Sydney in new cases

Sep. 27, 2021 22:20 PM EDT

SYDNEY — Australia’s Victoria state has recorded more coronavirus infections than New South Wales for the first time since an outbreak of the delta variant began in Sydney in June. Victoria is Australia’s second-most populous state and on Tuesday the state capital...

Laurene Powell Jobs to invest $3.5B in climate group

Sep. 27, 2021 22:17 PM EDT

Philanthropist Laurene Powell Jobs, the widow of Apple founder Steve Jobs, will invest $3.5 billion within the next 10 years to address the climate crisis, a spokesperson for Emerson Collective, Jobs’ organization, said on Monday. The money will go into Waverley Street...

Japan set to lift all virus emergency steps nationwide

Sep. 27, 2021 22:15 PM EDT

TOKYO (AP) — Japan is set to lift all coronavirus emergency measures when they expire later this week as the infections slow and the nation tries to reactivate its economy. Officials in charge of coronavirus measures sought advice from experts at a meeting Tuesday, with...

GOP blocks bill to keep government going; new try ahead

Sep. 27, 2021 21:55 PM EDT

WASHINGTON (AP) — Republican senators blocked a bill Monday night to keep the government operating and allow federal borrowing, but Democrats aiming to avert a shutdown pledged to try again — at the same time pressing ahead on President Joe Biden’s big plans to reshape government. ...

As California's eviction ban ends, some protections remain

Sep. 27, 2021 21:29 PM EDT

SACRAMENTO, Calif. (AP) — With a statewide eviction moratorium ending Friday, officials in California are rushing to make sure tenants with unpaid rent know they can still stay in their homes after that date — but only if they have applied for assistance from the state. ...

As daughter sought state license, Noem summoned agency head

Sep. 27, 2021 21:10 PM EDT

SIOUX FALLS, S.D. (AP) — Just days after a South Dakota agency moved to deny her daughter's application to become a certified real estate appraiser, Gov. Kristi Noem summoned to her office the state employee who ran the agency, the woman's direct supervisor and the state labor secretary. ...

California 1st to require hourly wages in garment industry

Sep. 27, 2021 21:03 PM EDT

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Monday approved what he termed a “nation-leading” law requiring the garment industry to pay workers by the hour instead of for each piece of clothing they produce. Piece-rate compensation can be used to pay...

China's power cuts may foreshadow shortages of global goods

Sep. 27, 2021 20:44 PM EDT

BEIJING (AP) — Global shoppers face possible shortages of smartphones and other goods ahead of Christmas after power cuts to meet official energy use targets forced Chinese factories to shut down and left some households in the dark. In the northeastern city of...

Ford to add 10,800 jobs making electric vehicles, batteries

Sep. 27, 2021 19:49 PM EDT

GLENDALE, Ky. (AP) — Ford and a partner company say they plan to build three major electric-vehicle battery factories and an auto assembly plant by 2025 — a dramatic investment in the future of EV technology that will create an estimated 10,800 jobs and shift the automaker's future...

Foes of tax cuts, voting law changes ready petition filings

Sep. 27, 2021 20:25 PM EDT

PHOENIX (AP) — Massive income tax cuts passed by the Arizona Legislature earlier this year and a series of election law changes could be put on hold until voters weigh in next year if opponents turn in enough signatures by a midnight Tuesday deadline. A coalition of...