Tag: Government business and finance
California pension fund agrees to $2.7 billion lawsuit deal
LOS ANGELES — The nation’s largest public pension fund has agreed to pay up to $2.7 billion to refund policyholders hit with huge hikes...
EU to unveil tough climate rules, with tax on foreign firms
BRUSSELS — The European Union on Wednesday is unveiling sweeping new legislation to help meet its pledge to cut emissions of the gases that...
Senate Democrats’ $3.5T budget deal backs up Biden’s goals
WASHINGTON — this story is a refire/new doc of last night's story with new material wire embargoed for 6 a.m. EDT Wednesday; lead with...
Acclaim, fundraising spread unevenly among Black colleges
ATLANTA — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Rail officials push 15-year plan to boost Northeast Corridor
WASHINGTON — As Congress eyes an infrastructure package, a coalition of transportation agencies and Amtrak on Wednesday released a 15-year plan of rail improvements...
Big jump in Indiana budget surplus triggering tax refund
INDIANAPOLIS — A big jump in Indiana’s state tax collections will result in a refund for taxpayers, although they’ll have to wait for that...
Senate leader lends clout to marijuana legalization push
WASHINGTON — The Senate's top Democrat is backing a bill that would strike down a longstanding federal prohibition on marijuana, embracing a proposal that...
Time on their side, Texas GOP waits for Democrats to return
AUSTIN, Texas — On Day 3 of Texas Democrats hunkering down in Washington to block tighter voting laws, Republicans back home settled into a...
Climate activists hail Dem budget spending on clean energy
WASHINGTON — Environmental groups hailed a sweeping $3.5 trillion domestic spending plan announced by Democrats, saying it would make “transformational investments” in clean energy...
