Latest Business News
Nonprofits worry sale of dot-org universe will raise costs
LOS ANGELES (AP) — The company that controls the dot-org online universe is putting the registry of domain names up for sale, and the nonprofits that often use the suffix in their websites are raising concerns about the move. Nonprofit organizations and some tech activists plan to protest Friday outside...
Alaska pot shops to be among 1st in US to allow consumption
JUNEAU, Alaska (AP) — Marijuana shops in Alaska will be among the first nationally where onsite use would be permitted. Alaska's legal marijuana industry hit the milestone Thursday as regulators approved the first retail stores in the state that will be allowed to have customers smoke or consume marijuana...
New Mexico may ratchet up tobacco oversight
SANTA FE, N.M. (AP) — New Mexico legislators are considering a full ban on flavored tobacco and nicotine vaping products along with more robust oversight of retail sales to discourage use by minors and young adults. Backed by Democratic Gov. Michelle Lujan Grisham, one initiative would raise the age limit...
New coal mine operator behind on federal, county taxes
CASPER, Wyo. (AP) — The newest operator of three coal mines has fallen behind on federal and county mineral taxes, federal officials said. The Navajo Transitional Energy Company owes the federal government more than $10 million in unpaid taxes accrued from mining coal in three Powder River Basin mines in...
Asian markets gain as China closes down for Lunar New Year
BANGKOK (AP) — Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Japan's Nikkei 225 index rose less than 0.1% to 23,811.54 and in...
Chinese city at center of virus outbreak is major crossroads
The city of Wuhan is one of China's largest industrial hubs and a major crossroads. The capital of Hubei province has 11 million people and is under an unprecedented, open-ended lockdown to try to prevent the spread of a virus that first appeared in the city last month. HISTORY: An inland port on the north bank...
Airports taking precautions after China virus outbreak
DUBAI, United Arab Emirates (AP) — Airports are adding passenger screenings and taking other precautions to prevent a new virus from being spread by Chinese tourists going abroad for the Lunar New Year holidays. China has imposed an unprecedented, open-ended shutdown of Wuhan, the city of 11 million people...
Mayor, police pledge action after deadly Seattle shooting
SEATTLE (AP) — A shootout in downtown Seattle that left a woman dead and a 9-year-old boy injured was the third violent incident this week in a part of the city long known for rampant drug use and street unrest. Business groups implored officials to improve public safety. And while crime rates in Seattle...
Ex-pharmaceutical exec gets 5 1/2 years for pushing opioid
BOSTON (AP) — The founder of an Arizona pharmaceutical company was ordered to spend 5 1/2 years in prison Thursday for orchestrating a bribery and kickback scheme prosecutors said helped fuel the opioid crisis. John Kapoor, 76, the former chairman of Insys Therapeutics, was sentenced in Boston's federal...
California bill would make utilities pay some blackout costs
SACRAMENTO, Calif. (AP) — Californians left in the dark by electric companies that shut off their power to prevent wildfires could get paid for things such as lost wages or spoiled food under a bill that advanced Thursday in the Legislature. In the state plagued by catastrophic blazes started by strong...
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