Latest Business News

US troops in Afghanistan begin packing gear in pullout prep

Apr. 22, 2021 12:53 PM EDT

KABUL, Afghanistan (AP) — The U.S. military has begun shipping equipment and winding down contracts with local service providers ahead of the May 1 start of the final phase of its military pullout from Afghanistan, a U.S. Defense Department official said Thursday. The...

EPA review faults permitting for proposed Minnesota mine

Apr. 22, 2021 12:51 PM EDT

MINNEAPOLIS (AP) — An internal investigation has found that the Environmental Protection Agency mishandled its oversight of permits for what would be Minnesota’s first copper-nickel mine, according to the federal agency's inspector general. The findings describe a...

US aid lifts Southwest to Q1 profit, American loses $1.25B

Apr. 22, 2021 12:42 PM EDT

With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines executives say that the worst of the pandemic-caused crisis for their industry appears to be over. Southwest Chairman and CEO...

N Carolina to help farmer costs for quarantined farmworkers

Apr. 22, 2021 12:40 PM EDT

RALEIGH, N.C. (AP) — North Carolina has set aside money to reimburse farmers who bore the financial toll of quarantining their workers during the COVID-19 outbreak last year, a state agency said. The N.C. Department of Agriculture and Consumer Services said the state...

Rural Paxico faces nitrate-ridden water, floodplain problems

Apr. 22, 2021 12:36 PM EDT

PAXICO, Kan. (AP) — When it rains in the small, rural town of Paxico — which sits about 30 miles west of Topeka, just off Interstate 70 — pools of water remain long after each storm has passed. “We have terrible stormwater runoff,” said resident Deanna Pierson....

Baseball executive departs before team's first game

Apr. 22, 2021 12:34 PM EDT

MADISON, Ala. (AP) — The leader of a north Alabama minor league baseball team announced Wednesday that he is leaving, less than two weeks before the team's first game and while the team may still owe money to its stadium landlord. Ralph Nelson, the longtime baseball...

Chicago seeks developer to open city's first casino by 2025

Apr. 22, 2021 12:34 PM EDT

CHICAGO (AP) — Chicago is laying its cards on the table and officially seeking bids to build the first casino in the nation's third-largest city. City leaders want a “world-class” resort that'll draw locals and tourists while boosting Chicago's finances, but...

The Latest: Virus harms during pregnancy detailed in study

Apr. 22, 2021 12:33 PM EDT

A multi-country study suggests pregnant women who get COVID-19 have higher risks for death, intensive-care stays, preterm birth and other complications. Pregnancy causes various changes in the body that may make women vulnerable to harm from the coronavirus. Pregnant...

The Latest: Leaders discuss finances to fight climate change

Apr. 22, 2021 12:32 PM EDT

WASHINGTON (AP) — The Latest on President Joe Biden's global climate summit (all times local): 11:45 a.m. After livestreamed remarks by dozens of world leaders at the U.S.-hosted global climate summit, the conversation has turned to money. ...

Union Pacific net down 9% but sees economy growing in 2021

Apr. 22, 2021 12:31 PM EDT

OMAHA, Neb. (AP) — Union Pacific's first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell, but it said the economy is steadily improving. The Omaha, Nebraska, company said Thursday that it earned $1.34 billion, or $2 per share, in...