×
×
homepage logo
LOGIN
SUBSCRIBE

Business

EXPLAINER: 5 key takeaways from the February jobs report

WASHINGTON (AP) — America's job market delivered a burst of strength in February. It lifted hopes that the rollout of viral vaccines, the distribution of federal aid and the increasing willingness and ability of consumers to go out and spend will invigorate the economy as the weather warms ...

USDA relocations curtail ag research, farmer confidence

BELLE PLAINE, Kan. (AP) — More than a year after two U.S. Department of Agriculture research agencies were moved from the nation's capital to Kansas City, Missouri, forcing a mass exodus of employees who couldn't or didn't want to move halfway across the country, they remain critically ...

Bye, Bismarck: 144 cities could lose status as metro areas

Bye-bye, Bismarck. So long, Sheboygan. Those cities in North Dakota and Wisconsin, respectively, are two of 144 that the federal government is proposing to downgrade from the metropolitan statistical area designation, and it could be more than just a matter of semantics. Officials in some of ...

Alaska Native group, Neiman Marcus settle lawsuit over coat

JUNEAU, Alaska (AP) — An Alaska Native cultural organization and the luxury department store Neiman Marcus have settled a lawsuit over the sale of a coat with a copyrighted, geometric design borrowed from Indigenous culture. The Sealaska Heritage Institute said in a statement on Wednesday ...

Drones vs hungry moths: Dutch use hi-tech to protect crops

MONSTER, Netherlands (AP) — Dutch cress grower Rob Baan has enlisted high-tech helpers to tackle a pest in his greenhouses: palm-sized drones seek and destroy moths that produce caterpillars that can chew up his crops. "I have unique products where you don't get certification to spray ...

Chinese exports surge as global demand recovers from virus

BEIJING (AP) — China's exports surged 60.6% over a year earlier in the first two months of 2021, after factories reopened and global demand started to recover from the coronavirus pandemic. Exports rose to $468.9 billion, customs data showed Sunday, accelerating from December's 18.1% gain ...

Dolce&Gabbana seeks over $600M damages from 2 US bloggers

MILAN (AP) — The Milan fashion house Dolce&Gabbana has filed a defamation suit in an Italian court seeking over $600 million in damages from two U.S. fashion bloggers who reposted anti-Asian comments attributed to one of the designers that led to a boycott by Asian consumers. The suit ...

Hawaii’s Sea Life Park will reopen after almost 1 year

HONOLULU (AP) — Hawaii's Sea Life Park will reopen on Saturday after being shut down for almost a year because of the coronavirus pandemic. The park had been closed since March 17, 2020, and two-thirds of its staff was furloughed. The marine mammal park, bird sanctuary and aquarium will ...

1st woman promoted to president of Mississippi shipyard

PASCAGOULA, Miss. (AP) — An experienced naval architect and manager will become the first woman to lead a shipyard that is the largest private employer in Mississippi. Kari Wilkinson will become president of Ingalls Shipbuilding in Pascagoula on April 1. She also will become executive vice ...

LaBelle announces name of new eatery

AMHERST – Winemaker Amy LaBelle and her husband Cesar Arboleda, co-owners of LaBelle Winery in Derry, New Hampshire, formerly Brookstone Events & Golf, announce the name of their soon-to-be-opened restaurant as Americus. The new restaurant is scheduled to open sometime in ...

New York cinemas reopen, brightening outlook for theaters

NEW YORK (AP) — After growing cobwebs for nearly a year, movie theaters in New York City reopen Friday, returning film titles to Manhattan marquees that had for the last 12 months instead read messages like "Wear a mask" and "We'll be back soon." Shortly after noon at the Angelika Film ...

China announces “over 6%” economic growth target, tech plans

BEIJING (AP) — China's top economic official announced a healthy growth target for the nation and its plans to become a more self-reliant technology leader amid tension with Washington and Europe over trade, Hong Kong and human rights. The ruling Communist Party is aiming for economic ...

Tech pulls stocks lower as bond yields continue upward march

Technology companies led another broad sell-off on Wall Street Thursday as a spike in bond yields put more pressure on the market's high-flying stocks. The S&P 500 fell 1.3%, its third straight loss. The benchmark index, which briefly dipped into the red for the year, is on track for its ...

Phosphate mine company will clean up waste to settle lawsuit

BOISE, Idaho (AP) — A phosphate mining company has reached a toxic-waste cleanup agreement with the Environmental Protection Agency and the Shoshone-Bannock Tribes over mining waste in southeastern Idaho. Officials with P4 Production LLC, a Monsanto subsidiary, said in a prepared statement ...

Costco 4Q profits rise, helped by pandemic shopping habits

ISSAQUAH, Wash. (AP) — Warehouse retail chain Costco Wholesale said its fourth-quarter profits rose slightly from a year ago, its profits weighed by wage premiums paid to employees during the pandemic. In a quarter during which Costco saw a surge of online shopping, the company based in ...

2020 marks increase for hot pepper production in New Mexico

ALBUQUERQUE, N.M. (AP) — For chiles, 2020 wasn't all bad as New Mexico farmers reported increased production and yield levels for the state's most famous crop despite pressures related to the coronavirus pandemic. Numbers released Thursday by the U.S. Agriculture Department's statistics ...

Businesses tied to Noem family got $600,000 in virus grants

PIERRE, S.D. (AP) — Family members of South Dakota Gov. Kristi Noem received more than $600,000 in funds from a state grant program pushed by the governor that directed federal coronavirus relief funds to small businesses. A ranch belonging to Noem's family, Racota Valley Ranch Partnership, ...

Texas power grid CEO fired after deadly February blackouts

AUSTIN, Texas (AP) — Texas' power grid manager was fired Wednesday amid growing calls for his ouster following February's deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures. Bill Magness, CEO of the Electric Reliability Council ...