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Budget deficit an obstacle for GOP WASHINGTON — Janet Yellen, President-elect Joe Biden’s choice as Treasury secretary, said Tuesday that the incoming administration woul...
January 20, 2021 Business
Saxonburg-based II-VI Inc. will contribute $1 million during 2021 to encourage and enable students to pursue careers in science, technology, engineering and mathematics ...
January 16, 2021 Business
CHARLOTTE, N.C. — Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but saw improvement from the worst days of the pandemic shutdowns. The New ...
January 16, 2021 Business
NEW YORK — Americans cut back on spending in December for the third-straight month as a surge in virus cases kept people away from stores during the critical holiday sho...
January 16, 2021 Business
A new wave of Paycheck Protection Program loan applications began Monday. The latest federal coronavirus aid package passed at the end of December included the revitaliz...
January 16, 2021 Business
NEW YORK — Petco, the pet store chain, went public again Thursday, hoping to cash in on people’s obsessions with their furry pets. Petco’s stock, which opened at $18 Th...
January 15, 2021 Business
WASHINGTON — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and ...
January 15, 2021 Business
DETROIT — Toyota will pay $180 million to settle U.S. government allegations that it failed to report and fix pollution control defects in its vehicles for a decade. The...
January 15, 2021 Business
Economists surprised by scope of increase Applications for U.S. state unemployment benefits surged last week by the most since late March, pointing to persistent pain in ...
January 15, 2021 Business
SAN FRANCISCO — A California coalition is proposing legislation to boost taxes on wealthy multinational corporations to raise more than $2 billion a year to house tens o...
January 14, 2021 Business
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