AP Business

Biden awards $1.7 billion to boost electric vehicle manufacturing and assembly in eight states

0
WASHINGTON (AP) — The Biden administration is awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing and assembly sites...

Stock market today: World shares keep climbing, as Japan’s Nikkei, Wall St set more...

0
World shares forged higher on Thursday after another record-setting rally on Wall Street, as Japan’s Nikkei 225 index closed over 42,000 for the first...

Costco raises annual membership fees for the 1st time since 2017, boosting them $5...

0
ISSAQUAH, Wash. (AP) — Costco bargain hunters are going to have to pay an additional $5 to $10 annually as the popular warehouse chain...

Is inflation still cooling? Thursday’s report on June prices will provide clues

0
WASHINGTON (AP) — Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report...

Federal judge orders mediation to break impasse over Puerto Rico power company debt

0
SAN JUAN, Puerto Rico (AP) — A federal judge overseeing a drawn-out debt-restructuring process for Puerto Rico’s power company ordered all parties to mediation...

Government fines Citigroup $136 million for failing to fix longstanding internal control issues

0
NEW YORK (AP) — A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient...

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

0
NEW YORK (AP) — Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more...

No fooling: FanDuel fined for taking bets on April Fool’s Day on events that...

0
ATLANTIC CITY, N.J. (AP) — It might have seemed too good to be true, but there it was, and on April Fool's Day, no...

Tiny homes, built largely with philanthropic support, offer more patch than solution to homelessness

0
In response to a nationwide crisis that has left more than 650,000 people without housing, 100 tiny home villages for the homeless have opened...

Media upheaval: CNN cutting about 100 jobs, and CBS News president announces resignation

0
NEW YORK (AP) — CBS News President Ingrid Ciprian-Matthews said Wednesday she's resigning after less than a year in her role, and CNN announced...