Latest Business News

Danaher, Novocure rise; Amarin, American Airlines fall

Apr. 13, 2021 16:34 PM EDT

Stocks that traded heavily or had substantial price changes Tuesday: TransDigm Group Inc., down $5.31 to $618.33. The aircraft parts maker is selling its Technical Airborne Components business to Searchlight Capital Partners. ...

Tucson to house asylum seekers, migrants at city hotels

Apr. 13, 2021 16:34 PM EDT

TUCSON, Ariz. (AP) — The city of Tucson has contracted with local hotels to temporarily house people seeking asylum in the U.S. while awaiting the completion of a tent-like facility built by Customs and Border Protection. A statement Monday from Tucson Mayor Regina...

How major US stock indexes fared Tuesday

Apr. 13, 2021 16:34 PM EDT

Stocks closed mixed on Wall Street Tuesday as gains from a handful of Big Tech companies were tempered by weakness elsewhere in the market. Treasury yields fell, which hurt banks but helped tech companies. The S&P 500 rose 0.3%, notching another record high. The Dow...

IRS chief expects new child payments to start this summer

Apr. 13, 2021 16:16 PM EDT

WASHINGTON (AP) — It's a strain, but the head of the IRS said Tuesday he expects to meet the July 1 deadline in the new pandemic relief law for starting a groundbreaking tax program aimed at reducing child poverty. That means new advance monthly payments of as much as $300 per child could...

The Latest: US health insurees may receive higher rebates

Apr. 13, 2021 16:12 PM EDT

WASHINGTON — U.S. health insurance customers may receive higher premium rebates than normal later this year partly because insurers had less care to cover after COVID-19 arrived in 2020. Some individual insurance customers could receive premium credits or rebates of...

Idaho House kills $1.1 billion teacher pay bill on tie vote

Apr. 13, 2021 16:12 PM EDT

BOISE, Idaho (AP) — The House on Tuesday rejected legislation to pay $1.1 billion to Idaho’s K-12 teachers amid concerns about what is being taught in schools. Lawmakers deadlocked 34-34 in a tie vote that means the bill fails to advance. The defeat means the bill...

Oregon employers mull requiring COVID19 vaccines

Apr. 13, 2021 16:10 PM EDT

PORTLAND, Ore. (AP) — A large winery in Oregon has notified its workers that they must show proof they’ve received the COVID-19 vaccine by May 20. Many workplaces are weighing similar requirements as pandemic restrictions loosen, Oregon Public Broadcasting reported. ...

Louisiana lawmakers advance sales tax collection overhaul

Apr. 13, 2021 16:08 PM EDT

BATON ROUGE, La. (AP) — A business-backed effort to centralize Louisiana's sales tax collections began Tuesday working its way through the state House, where Republican leaders are pushing to get rid of the state's unusual system of letting a hodgepodge of local government agencies do the...

Bobby 'Slick' Leonard, 88, Pacers Hall of Fame coach, dies

Apr. 13, 2021 16:04 PM EDT

INDIANAPOLIS (AP) — Bobby “Slick” Leonard, the former NBA player and Hall of Fame coach who won three ABA championships with the Indiana Pacers and spent more than a half century with the organization, has died. He was 88. His death was announced by the Pacers on...

State police to alter fitness standards that kept out women

Apr. 13, 2021 16:03 PM EDT

HARRISBURG, Pa. (AP) — The Pennsylvania State Police will pay more than $2 million into a compensation fund and are changing physical fitness standards to settle a lawsuit over how the agency's trooper-hiring practices ruled out otherwise qualified women. The U.S....