Latest Capitalism News

Former Wisconsin Democratic Rep. Peter Barca announces new bid for Congress

Apr. 18, 2024 10:09 AM EDT

MADISON, Wis. (AP) — A Democrat who represented southeast Wisconsin in Congress in the 1990s before going on to become a leader in the Assembly and state revenue secretary announced Thursday that he's running for Congress again. Peter Barca announced his bid against Republican U.S....

Maryland lawmakers reach budget deal after debate influenced by fiscal uncertainty, US Senate race

Apr. 03, 2024 17:21 PM EDT

ANNAPOLIS, Md. (AP) — Maryland lawmakers announced an agreement on Wednesday to resolve differences over proposed tax and fee increases, settling on a far more modest approach after a $1.3 billion package was considered too high in the current economic climate, especially in an election year...

Japan’s space agency says it hopes to forge a profitable launch business with its new H3 rocket

Mar. 21, 2024 21:52 PM EDT

TOBISHIMA, Japan (AP) — Japan’s space agency and its prime contractor said Thursday they hope to be able to forge a profitable launch business with their new H3 rocket after its first successful flight last month in an increasingly competitive market dominated by Space X. Japan...

Congressman Mike Bost survives competitive GOP primary challenge to win nomination for sixth term

Mar. 20, 2024 11:51 AM EDT

SPRINGFIELD, Ill. (AP) — U.S. Rep Mike Bost has won the Republican nomination in southern Illinois after a hard-fought primary battle with former state Sen. Darren Bailey. Bailey, the 2022 GOP nominee for Illinois governor, challenged the five-term incumbent, claiming he was not...

Illinois primary features competitive congressional races in the Chicago area

Mar. 17, 2024 00:07 AM EDT

CHICAGO (AP) — Voters are set to cast their ballots Tuesday to decide competitive U.S. House races during the Illinois presidential primary. Democratic incumbents in at least two Chicago-area congressional races are locked in energetic challenges in the strongly Democratic...

Republican Valadao and Democrat Salas advance in California's competitive 22nd district

Mar. 13, 2024 11:37 AM EDT

BAKERSFIELD, Calif. (AP) — Republican U.S. Rep. David Valadao and Democrat Rudy Salas will face each other in November in California's 22nd congressional district, a rematch of last cycle's close contest. The district runs through California's Central Valley farm belt, including...

Mexican regulators recommend that Amazon wall off Prime TV, reveal its algorithms and open delivery

Feb. 16, 2024 21:03 PM EST

MEXICO CITY (AP) — Mexican regulators have recommended that online retailers Amazon and Mercado Libre reveal their algorithms and wall off TV streaming to avoid stifling competition. Mexico’s Federal Commission on Economic Competition, known by its initials as COFECE, said in a...

Maryland Gov. Wes Moore outlines a data-driven plan to reach goals for the state

Feb. 08, 2024 18:23 PM EST

ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore rolled out a data-driven plan he will use to help meet his administration's goals during a town hall with state employees on Thursday. Moore, the former head of the anti-poverty Robin Hood Foundation, described the nonprofit as a...

Google's parent posts double-digit revenue growth in 4th quarter, but ad sales rise at slower pace

Jan. 30, 2024 17:23 PM EST

SAN FRANCISCO (AP) — Google’s corporate parent returned to double-digit revenue growth during last year’s final quarter, signaling the internet powerhouse has regained its footing even as it grapples with regulatory and competitive threats to its digital empire. The results...

Walmart's latest perk for U.S. store managers? Stock grants

Jan. 29, 2024 11:22 AM EST

NEW YORK (AP) — Walmart is further sweetening the perks for its U.S. store managers as the nation's largest retailer and private employer seeks to retain its leaders and attract new ones in a still competitive job market. Walmart, which is based in Bentonville, Arkansas, and has...