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Georgia's Kemp seeks tax breaks, rebutting Abrams on economy

Aug. 11, 2022 14:29 PM EDT

ATLANTA (AP) — Georgia GOP Gov. Brian Kemp unfurled the first major policy proposals of his reelection bid Thursday, pledging to spend $2 billion on another state income tax rebate and revival of a long-dormant state property tax break while contending with Democratic challenger Stacey Abrams...

Georgia records $21B in state-tracked economic projects

Aug. 10, 2022 22:19 PM EDT

ATLANTA (AP) — Gov. Brian Kemp says Georgia recorded $21.2 billion in state-tracked business investments, with new and expanding companies committing to create 51,000 jobs during the year that ended June 30. The Republican governor, who's touting his achievements as he seeks a...

Alabama cabinet maker to create 415 jobs with $17M expansion

Aug. 10, 2022 16:23 PM EDT

MONTGOMERY, Ala. (AP) — A family-owned Alabama cabinet company plans to invest nearly $17 million in an expansion project that will create 415 jobs over five years. Ashland-based Wellborn Cabinet Inc. will build a 250,000-square-foot facility in Oxford to begin production of a new...

AP FACT CHECK: GOP skews budget bill’s impact on IRS, taxes

Aug. 10, 2022 14:59 PM EDT

Republican politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. The “ Inflation Reduction Act,” which awaits a House vote after passing in the Senate on Sunday, would...

Logistics provider plans new operation creating 110 jobs

Aug. 10, 2022 04:01 AM EDT

BOWLING GREEN, Ky. (AP) — A logistics provider plans to invest $25 million for a new operation in Bowling Green that will create 110 jobs, Gov. Andy Beshear said. Bluegrass Supply Chain Services LLC is expanding its logistics capabilities to serve the automotive and food and...

Electric vehicle battery-related plant announced in Kentucky

Aug. 08, 2022 04:11 AM EDT

FRANKFORT, Ky. (AP) — Lotte Aluminium Materials USA plans an aluminum foil manufacturing operation to serve the electric vehicle battery industry in Kentucky and is expected to create 122 full-time jobs. The company is investing $238.7 million in the plant in Hardin County, Gov....

Machinists at 3 Boeing defense plants ratify new contract

Aug. 03, 2022 20:13 PM EDT

ST. LOUIS (AP) — Nearly 2,500 workers at three Boeing defense plants in the Midwest voted Wednesday to ratify a contract that their union said will raise pay by an average of 14% over three years and add inflation adjustments. The vote by members of the International Association of...

Maryland gets $22.9 million grant for offshore wind training

Aug. 03, 2022 17:16 PM EDT

BALTIMORE (AP) — Maryland is getting nearly $23 million in federal money for a new training program for the offshore wind industry, the U.S. Commerce Department announced Wednesday. The Maryland Works for Wind project will partner leading employers and seven local unions to build a...

Editorial Roundup: United States

Aug. 03, 2022 13:58 PM EDT

Excerpts from recent editorials in the United States and abroad: July 30 The Washington Post on U.S. accepting Ukrainian immigrants The United States has now met President Biden’s goal, announced in March, to legally admit “up to” 100,000...

JetBlue posts Q2 loss as fuel costs offset rising revenue

Aug. 02, 2022 12:03 PM EDT

NEW YORK (AP) — JetBlue Airways lost $188 million in the second quarter, as fuel costs nearly tripled and wiped out a large increase in revenue during the early part of the peak vacation-travel season. The loss reported Tuesday was wider than Wall Street expected. JetBlue was...