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Business

Treasury Department names first counselor for racial equity

NEW YORK (AP) — The Treasury Department has hired a former JPMorgan Chase executive to head a new government program aimed at combatting racial inequality issues in banking and other financial-services industries. Treasury Secretary Janet Yellen said Monday that Janis Bowdler will be the ...

Only 1 bidder to run Georgia’s Confederate-themed park

STONE MOUNTAIN, Ga. (AP) — The only bidder for management of Georgia's Confederate-themed, state-owned Stone Mountain Park is a new firm created by an official of the company that's pulling out, the park's governing board said Monday. The Stone Mountain Memorial Association board voted ...

US industry wonders: What should tomorrow’s casino floor be?

ATLANTIC CITY, N.J. (AP) — Walk into a casino today, and chances are it won't look that much different than it did in the 1942 movie "Casablanca" when Humphrey Bogart made his way through the gambling tables in the smoke-filled room. Sure, the slot machines are larger, louder and flashier ...

Asia stocks mixed after Wall St slips, China travel curbs

BEIJING (AP) — Global stock markets rose Monday after Wall Street slipped and China tightened travel controls in some areas in response to coronavirus infections. Shanghai and Hong Kong advanced while London and Frankfurt opened higher. Tokyo declined. On Wall Street, futures for the ...

Whistleblower Haugen to testify as UK scrutinizes Facebook

LONDON (AP) — Former Facebook data scientist turned whistleblower Frances Haugen plans to answer questions Monday from lawmakers in the United Kingdom who are working on legislation to rein in the power of social media companies. Haugen is set to appear before a parliamentary committee ...

Australia invests in $1.6 billion South Pacific telco deal

CANBERRA, Australia (AP) — Australian telco Telstra has partnered with the Australian government in a $1.6 billion deal to buy the South Pacific operations of Digicel in a deal that would prevent a key part of the region's telecommunications infrastructure falling into Chinese ...