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Stories with subject: Economy
  • new storyDetroit auditor: Feds subpoenaed documents in blight program 
    Updated: May-01-16 11:40 pm

    DETROIT - The Detroit auditor general says federal investigators subpoenaed his office requesting records related to the use of federal funds for the city's blight-removal program.

  • new storyQ&A: Puerto Rico's debt crisis explained story has photos
    Updated: May-01-16 10:45 pm

    NEW YORK - Puerto Rico's debt crisis reached a new level late Sunday, when the island's governor said Puerto Rico would not pay most of its $470 million in debt payments that are due by Monday.

  • Correction: Venezuela-Minimum Wage story story has photos
    Updated: May-01-16 10:04 pm

    CARACAS, Venezuela - In a story April 30 about (topic), The Associated Press reported erroneously that the black market value of the new wage is about $50. The black market value is about $13.50.

  • Puerto Rico won't make $370 million in debt payments Monday story has photos
    Updated: May-01-16 8:24 pm

    SAN JUAN, Puerto Rico - Gov. Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S. territory's spiraling public debt crisis.

  • Egypt police block labor day assembly, workers urge freedoms 
    Updated: May-01-16 6:02 pm

    CAIRO - Egyptian police prevented hundreds of workers from holding a meeting in Cairo to commemorate International Workers' Day on Sunday, while independent trade union leaders urged the government to allow them freedom of assembly.

  • Clinton vies for blue-collar votes in Indiana campaign stop 
    Updated: May-01-16 4:23 pm

    INDIANAPOLIS - Hillary Clinton is making a pitch to Indiana's blue-collar workers, blaming Republicans for trickle-down economic policies "on steroids" that she says have harmed the middle class.

  • Arkansas official promoted to general in National Guard 
    Updated: May-01-16 1:22 pm

    BENTONVILLE, Arkansas - Bentonville's community and economic development director has been promoted to the rank of brigadier general in the Army National Guard.

  • Greetings from Asbury Park, opening first hotel in 50 years 
    Updated: May-01-16 1:06 pm

    ASBURY PARK, New Jersey - In the Jersey shore city that gave Bruce Springsteen's debut album its name, owners of the first new hotel to open there in more than 50 years hope they can convince locals and tourists alike that what was once considered a slum by the sea is now a destination with a bright future.

  • Southwestern Indiana counties hope to spur I-69 development 
    Updated: May-01-16 12:48 pm

    EVANSVILLE, Indiana - Officials in two southwestern Indiana counties are hoping to spur development along the Interstate 69 extension by installing infrastructure along its exits to attract businesses that so far haven't followed the partially built interstate.

  • Tax receipts on farm machinery fall in agriculture slowdown 
    Updated: May-01-16 12:34 pm

    PIERRE, South Dakota - South Dakota's sales tax collections on farm equipment have fallen from record highs in recent years as profits in the agriculture sector decline, a slide that has forced farmers to tighten budgets and caused sales slumps for machinery dealers.

  • Nebraska offices usher small businesses into global markets 
    Updated: May-01-16 11:23 am

    LINCOLN, Nebraska - Nebraska's small business owners say state employees nestled in offices more than 6,000 miles away have saved them from making irrevocable mistakes in the global market.

  • Wisconsin unemployment payments drop by more than half 
    Updated: May-01-16 10:59 am

    MADISON, Wisconsin - Business-friendly changes to Wisconsin's unemployment pay system have helped erase a $1.3 billion deficit in the state fund that supports it, but critics say they have also wrongfully deprived out-of-work people of money they needed while looking for new jobs.

  • Saudi Binladin Group employees set fire to buses in protest story has photos
    Updated: May-01-16 10:57 am

    RIYADH, Saudi Arabia - Employees at the Saudi Binladin Group, a construction giant, have set fire to more than seven company buses in the latest protest by disgruntled staff over not being paid salaries for months and a large round of reported layoffs.

  • South Korean president visits Iran to boost ties story has photos
    Updated: May-01-16 10:49 am

    TEHRAN, Iran - South Korea's president arrived in Tehran on Sunday for the first summit between the two countries since they established diplomatic ties in 1962.

  • North Korea party congress to show unity around Kim Jong Un 
    Updated: May-01-16 9:10 am

    TOKYO - North Korea is preparing to hold a once-in-a-generation congress of its ruling party that is intended to rally the nation behind leader Kim Jong Un and could provide an important glimpse into Kim's plans for the country's economy and military.

  • Iraq says oil exports, revenues increase in April 
    Updated: May-01-16 6:32 am

    BAGHDAD - Iraq says April crude oil exports have increased by 2.3 percent from the previous month, filling cash-strapped coffers amid an acute economic crisis.

  • Patriots pick up a lineman with a long NFL resume 
    Updated: Apr-30-16 7:50 pm

    FOXBOROUGH, Massachusetts - The Patriots picked up two new targets for Tom Brady - or whoever is playing quarterback for them when the season starts - while also adding a lineman with a long football pedigree on Day 3 of the NFL draft.

  • Senate candidate paid relative $170K for past campaign work story has photos
    Updated: Apr-30-16 12:49 pm

    INDIANAPOLIS - An Indiana Senate candidate who has railed against out-of-control government spending paid his brother-in-law nearly $170,000 to manage the finances of his congressional campaign. The relative worked as a car salesman and actor but had no experience rounding up political donations.

  • Kenya burns huge pile of ivory tusks to protest poaching story has photos
    Updated: Apr-30-16 12:26 pm

    NAIROBI, Kenya - Kenya's president set fire Saturday to 105 tons of elephant ivory and more than 1 ton of rhino horn, believed to be the largest stockpile ever destroyed, in a dramatic statement by this East African country against the trade in ivory and products from endangered species.

  • China lays out firm conditions for improved ties with Japan story has photos
    Updated: Apr-30-16 9:14 am

    BEIJING - China laid out firm conditions Saturday for improved ties with Japan, telling Tokyo's visiting foreign minister that there could be "no ambiguity or vacillation" in meeting Beijing's demands over historical interpretation, relations with Taiwan and other key matters.

  • Educated migrants have edge as Germany aims for integration 
    Updated: Apr-30-16 7:14 am

    BERLIN - Wafaa Askar arrived in Germany barely a year and a half ago from her Syrian homeland, but she already speaks German fluently and counts more Germans than Syrians as friends. Orhan Sahin arrived from Turkey more than three decades ago, but still feels like a foreigner and speaks in broken German.

  • Argentina's big unions join to protest layoffs, inflation story has photos
    Updated: Apr-29-16 10:58 pm

    BUENOS AIRES, Argentina - Argentina's strongest unions brought thousands of people into the streets Friday to protest high inflation and job cuts in the biggest demonstrations against President Mauricio Macri since he took office in December.

  • Prosecutors eye Cuomo's upstate economic development program 
    Updated: Apr-29-16 7:00 pm

    ALBANY, New York - Gov. Andrew Cuomo announced Friday that his administration retained a former criminal prosecutor to review his upstate economic development initiatives after learning federal investigators are examining potential conflicts of interest and improper bidding related to the programs.

  • Can South Dakota tax online sales? State presses to find out 
    Updated: Apr-29-16 6:30 pm

    PIERRE, South Dakota - South Dakota wants to collect state sales tax on purchases from and other Internet retailers. The state is pressing for the revenues with a lawsuit against several remote retailers that ultimately seeks to overturn a U.S. Supreme Court decision.

  • Study analyzes impact of Washington state coal-export plan story has photos
    Updated: Apr-29-16 6:25 pm

    SEATTLE - A coal-export terminal proposed along the Columbia River in southwest Washington state could have unavoidable, significant impacts on greenhouse gases emissions, vessel traffic and rail safety, according to an environmental review released Friday.