Latest Government aid for industry News

Canadian Prime Minister Justin Trudeau speaks at a bi-weekly news conference outside Rideau cottage on the COVID-19 pandemic in Ottawa, Ontario, Friday, Nov. 27, 2020. (Adrian Wyld/The Canadian Press via AP)

Canada to add to record deficit in pandemic recovery attempt

Nov. 30, 2020 5:29 PM EST

TORONTO (AP) — Canadian Prime Minister Justin Trudeau’s government vowed Monday to spend billions more to help the country recover from the pandemic. Deputy Prime Minister and Finance Minister Chrystia Freeland said the country is facing its most severe challenge since World War II, the worst...

A staff member wearing a face mask stands near a display of Australian wines at the China International Import Expo in Shanghai, Thursday, Nov. 5, 2020. Chinese leaders are conducting an import fair under intensive anti-coronavirus controls in their latest effort to revive the world's No. 2 economy while the United States and Europe struggle with a renewed surge of infections. (AP Photo/Mark Schiefelbein)

China slaps 200% tax on Australia wine amid tensions

Nov. 27, 2020 9:55 AM EST

BEIJING (AP) — China on Friday added wine to the growing list of Australian goods barred from its markets in a trade war against Australia over disputes including its support for a probe into the origin of the coronavirus. The Ministry of Commerce imposed import taxes of up to 212.1%, effective Saturday,...

Consumers' lawyer seeks refunds as FirstEnergy ratings fall

Nov. 25, 2020 5:56 PM EST

COLUMBUS, Ohio (AP) — The lawyer for FirstEnergy’s 1.8 million residential electric customers in Ohio stepped in Wednesday to try to assure they get refunds should state legislators or the courts halt the charges the utility giant was expecting as part of a now-tainted nuclear bailout bill. Ohio...

Envelopes from the Florida Department of Economic Opportunity Reemployment Assistance Program are shown, Thursday, Nov. 5, 2020, in Surfside, Fla.  The number of a Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.  (AP Photo/Wilfredo Lee)

Picture of US economy is worrisome as virus inflicts damage

Nov. 25, 2020 1:24 PM EST

WASHINGTON (AP) — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic. A flurry of data released Wednesday suggested that the spread of the virus is...

FILE- In this April 16, 2009 file photo, the Kuwait city skyline is seen through the haze of a sand storm in Kuwait City. Kuwait, one of the world’s wealthiest countries, is facing a debt crisis. The pandemic has sent the price of oil crashing to all-time lows and pushed Kuwait toward a reckoning with its longtime largesse for its citizens just as a parliamentary election looms in Dec. 2020. It needs the new parliament to approve raising its debt spending and passing the bill will be the first legislative challenge for Kuwait's new emir. (AP Photo, File)

Oil-rich Kuwait faces reckoning as debt crisis looms

Nov. 24, 2020 1:08 AM EST

DUBAI, United Arab Emirates (AP) — When Kuwait emerged from a monthslong coronavirus lockdown, hundreds of Kuwaitis flocked to reopened stores, the lines clogging malls, snaking through hallways and spilling onto sidewalks. But unlike much of the world, where long lines formed for donated food, Kuwaitis...

President-elect Joe Biden, speaks during a meeting with Vice President-elect Kamala Harris, Senate Minority Leader Chuck Schumer of N.Y., and House Speaker Nancy Pelosi of Calif., left, Friday, Nov. 20, 2020, in Wilmington, Del. (AP Photo/Alex Brandon)

Biden wants Congress to pass virus aid in lame-duck session

Nov. 20, 2020 6:46 PM EST

WILMINGTON, Del. (AP) — President-elect Joe Biden is pushing Congress to approve billions of dollars in emergency COVID-19 assistance before he takes office, saying in a meeting Friday with the top Democrats in the House and Senate that such a package should be approved during the lame-duck session. Biden...

Senate Majority Leader Mitch McConnell, R-Ky., arrives to talk to reporters after a Republican Conference luncheon, on Capitol Hill in Washington, Tuesday, Nov. 17, 2020. (AP Photo/J. Scott Applewhite)

The Latest: McConnell proposes shifting funds to COVID aid

Nov. 20, 2020 2:51 PM EST

WASHINGTON (AP) — The Latest on President-elect Joe Biden (all times local): 2:45 p.m. Senate Majority Leader Mitch McConnell is proposing that Congress funnel $455 billion of unspent small business lending funds toward a new COVID-19 aid package. The Republican leader’s offer Friday comes after a...

FILE - In this May 18, 2011, file photo, a worker is seen in the area surrounding a tree farm in North Perry, Ohio, near the two cooling towers of the Perry Nuclear Power Plant looming in the background. Amid intense scrutiny of the roles company officials played in an alleged $60 million bribery scheme to obtain a $1 billion bailout for two aging nuclear power plants, Ohio's largest electric utility has announced a goal to become

FirstEnergy Corp sets goal to become carbon free by 2050

Nov. 13, 2020 1:53 PM EST

CLEVELAND (AP) — Amid intense scrutiny of the roles company officials played in an alleged $60 million bribery scheme to obtain a $1 billion bailout for two aging nuclear power plants, Ohio's largest electric utility has announced a goal to become “carbon neutral” by 2050 while reducing...

Wyoming to help petroleum industry with coronavirus funding

Nov. 12, 2020 6:20 PM EST

CHEYENNE, Wyo. (AP) — Wyoming will use federal coronavirus relief funding to help petroleum companies move ahead with oil and gas drilling projects interrupted by the pandemic and plug idle wells. North Dakota already has been using Coronavirus Aid, Relief and Economic Security Act funding for well...

Editorial Roundup: US

Nov. 11, 2020 6:36 PM EST

Excerpts from recent editorials in the United States and abroad: ___ Nov. 12 South China Morning Post on a recent prison sentence in a ‘doxxing’ case: The violence and chaos of last year’s social unrest prompted complaints about conduct and tactics from both sides. An egregious example was...