Latest Business News

El Salvador's Congress approves end to ban on metals mining

Dec. 23, 2024 21:42 PM EST

SAN SALVADOR, El Salvador (AP) — El Salvador's Congress approved Monday a law that would lift the country’s seven-year-old ban on mining for metals. The law, proposed by President Nayib Bukele and passed on a 57 to 3 vote, would allow mining everywhere except nature reserves and...

A Maui program kept Lahaina families together by paying households to take in fire survivors

Dec. 23, 2024 21:23 PM EST

WAILUKU, Hawaii (AP) — The Lahaina home Tamara Akiona shared with 10 people was never quiet, and she loved it that way. Akiona, her husband, uncle, stepdaughter, and her best friend’s family filled the house once owned by her grandparents, with four bedrooms, two living rooms and...

Officer fatally shot in a North Carolina supermarket, suspect in custody, police say

Dec. 23, 2024 20:42 PM EST

GREENSBORO, N.C. (AP) — A police officer responding to a report of a man with a gun inside a North Carolina supermarket was fatally shot Monday and a suspect was later taken into custody, authorities said. Police announced the death of Greensboro police officer Michael Horan at a...

Company official charged in 2022 oil-chemical discharge into Michigan's Flint River

Dec. 23, 2024 18:24 PM EST

FLINT, Mich. (AP) — The president of a chemical company has been charged in connection with the unauthorized discharge of oil that left a miles-long dark, oily sheen on the Flint River in Michigan more than two years ago. Rajinder Singh Minhas, 60, of Rochester, Michigan, was...

As TikTok bill steams forward, online influencers put on their lobbying hats to visit Washington

Dec. 23, 2024 17:53 PM EST

WASHINGTON (AP) — Lawmakers, meet your latest lobbyists: online influencers from TikTok. The platform is once again bringing influencers to Washington, this time to lobby members of Congress to reject a fast-moving bill that would force TikTok's Beijing-based parent company to sell...

Stock market today: Wall Street rises at the start of a holiday-shortened week

Dec. 23, 2024 17:20 PM EST

Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain....

New Jersey fines firms $40K for sports betting violations

Dec. 23, 2024 17:17 PM EST

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ended. In information made public Monday, the New Jersey...

Diversion and youth prevention are a focus of West Virginia's initial opioid settlement awards

Dec. 23, 2024 16:38 PM EST

Child advocacy centers, recovery housing and diversion programs in West Virginia will receive grants as part of the initial round of $10.4 million distributed by the nonprofit allocating opioid settlement funds in the U.S. state with the highest overdose rate. The West Virginia...

How major US stock indexes fared Monday, 12/23/2024

Dec. 23, 2024 16:38 PM EST

Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq...

Limoneira: Fiscal Q4 Earnings Snapshot

Dec. 23, 2024 16:31 PM EST

SANTA PAULA, Calif. (AP) — SANTA PAULA, Calif. (AP) — Limoneira Co. (LMNR) on Monday reported a loss of $1.9 million in its fiscal fourth quarter. The Santa Paula, California-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs, were 9...