Latest Business News

California Democrats agree to delay health care worker minimum wage increase to help balance budget

Jun. 22, 2024 18:42 PM EDT

SACRAMENTO, Calif. (AP) — Democrats in California have agreed to delay a minimum wage increase for about 426,000 health care workers to help balance the state's budget. The agreement between Gov. Gavin Newsom and legislative leaders is part of a larger plan to close an estimated...

Taylor Swift kicks off UK Eras shows as some fans wonder if singer is ready to say 'So long, London'

Jun. 22, 2024 13:41 PM EDT

LONDON (AP) — Taylor Swift fans enjoy parsing the singer-songwriter’s lyrics for references to her romantic life and insights into her state of mind. But the pop superstar’s fans in the U.K. didn’t have to listen closely to her latest album, “The Tortured Poets...

Olympic track hopeful Eric Holt quits job, moves in with parents to focus on making Paris Games

Jun. 22, 2024 12:43 PM EDT

EUGENE, Ore. (AP) — Middle-distance runner Eric Holt quit his job and moved back in with his parents. They pay his cell phone bill and let him use the car for a long commute to practice. He works out in any pair of running shoes he happens to get for free and babysits at his sister's place for...

LGBTQ+ librarians grapple with attacks on books - and on themselves

Jun. 22, 2024 09:05 AM EDT

Idaho librarian June Meissner was closing up for the day at the downtown Boise Public Library when a man approached her asking for help. As an information services librarian, answering patrons' questions is part of Meissner’s day-to-day work, and serving the community is one of...

India boosts defense ties with Bangladesh as it tries to become a counterweight to China

Jun. 22, 2024 07:00 AM EDT

NEW DELHI (AP) — India and Bangladesh on Saturday moved to bolster their defense relationship and signed agreements for expanding cooperation in maritime security, ocean economy, space, and telecommunication sectors, as New Delhi tries to present itself as a regional power and a counterweight to...

Climate change makes India's monsoons erratic. Can farmers still find a way to prosper?

Jun. 21, 2024 22:22 PM EDT

BENGALURU, India (AP) — Each year from June to September, a heavy band of rain makes its way from India's southwest coast to its northeastern borders, quenching farmers' thirsty fields. India's monsoon season is arguably the single most important weather phenomenon for the...

Shooting at grocery store in Arkansas kills 3 and wounds 10 others, police say

Jun. 21, 2024 21:48 PM EDT

LITTLE ROCK, Ark. (AP) — A shooter who opened fire Friday at a grocery store in Arkansas left the store and parked cars riddled with bullet holes as bystanders ducked for cover both indoors and in the parking lot, killing 3 people and wounding 10 others, authorities said. The...

Newly named Washington Post editor decides not to take job after backlash, will stay in Britain

Jun. 21, 2024 21:22 PM EDT

NEW YORK (AP) — The Washington Post's new editor Robert Winnett never made it to his job, withdrawing Friday and deciding to stay in England in another upheaval at a news outlet where a reorganization plan has gone disastrously wrong. He'd been the subject of several published...

US will gradually resume avocado inspections in conflictive Mexican state, ambassador says

Jun. 21, 2024 21:17 PM EDT

MEXICO CITY (AP) — U.S. government inspections of avocados and mangoes in the Mexican state of Michoacan will gradually resume, U.S. Ambassador Ken Salazar announced Friday, a week after they were suspended over an assault on inspectors. The U.S. Agriculture Department inspectors...

Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts

Jun. 21, 2024 20:56 PM EDT

STRATFORD, Conn. (AP) — Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday. The federal agency says Sikorsky Support Services, based in Stratford,...