Month: February 2022

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The Super Bowl’s return to the Los Angeles area after a nearly 30-year absence is providing a much-needed boost to small businesses hard hit by the pandemic. Sunday’s game and the events surrounding it are projected to generate up to $477 million for the local

PORTLAND, Maine (AP) — Moxie, a polarizing beverage that is Maine’s official soft drink, is in short supply because of supply chain woes. The soda is beloved by thousands of New Englanders and is the subject of a summer festival. But it also has detractors who say it tastes like medicine or worse. Coca-Cola Beverages

By ROB GILLIES and TRACEY LINDEMAN Associated Press OTTAWA, Ontario (AP) — Canadian lawmakers are expressing increasing worry about the economic effects of disruptive demonstrations. The made the comments after the busiest border crossing between the U.S. and Canada became partially blocked by truckers protesting vaccine mandates and other COVID-19 restrictions. The blockade at the

By KEN SWEET AP Business Writer NEW YORK (AP) — American Express has launched a checking account that comes with a debit card that will allow its customers to accrue its popular Membership Rewards points the same way they do on its credit and charge cards. It’s a notable move for AmEx and the banking

By JOSH BOAK Associated Press The Biden administration wants families with children to know that there is roughly $193 billion waiting for them — all they need to do is file their taxes to claim it. The money is what remains of the expanded child tax credit, and the administration is concerned that some of

By The Associated Press The Justice Department is standing by a settlement it reached with Boeing to drop criminal charges relating to the 737 Max airliner. The department said in a filing Tuesday that a federal court in Texas should reject a request by families of passengers killed in Max crashes to re-open the case.

The Chronicle of Philanthropy These are the donors who gave the most in 2021, according to the Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy. A searchable database with more information on the donors and their beneficiaries is available at philanthropy.com.

By MARIA DI MENTO and BEN GOSE of The Chronicle of Philanthropy Chronicle of Philanthropy A handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking of the 50 Americans who gave the most to charity in 2021. Bill Gates and Melinda French Gates topped the list, pledging $15

By KIMBERLEE KRUESI Associated Press NASHVILLE, Tenn. (AP) — Officials have announced that an Australian electric vehicle charging company will establish its first U.S. manufacturing facility in Tennessee. President Joe Biden on Tuesday hailed the announcement as being a result of the federal government’s effort to build a national network of electric vehicle chargers. Tritium

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — U.S. President Joe Biden has targeted Russia’s Nord Stream 2 natural gas pipeline as he tries to deter the Kremlin from a feared invasion of Ukraine. The pipeline would double capacity to bring gas straight to Germany from Russia once it gets European approval. Biden

WARSAW, Poland (AP) — Poland’s defense minister has appointed an army general to head a new Cyber Defense Force. Defense Minister Mariusz Blaszczak said Tuesday the force’s mission includes defense, reconnaissance and offensive actions if needed to protect Poland’s Armed Forces from cyberattacks. Headed by Brig. Gen. Karol Molenda, it will cooperate closely with the

By ERIC TUCKER Associated Press WASHINGTON (AP) — The Justice Department has announced its largest-ever financial seizure — more than $3.5 billion — and the arrests of a New York couple accused of conspiring to launder billions of dollars in cryptocurrency. It says the cryptocurrency was stolen from the 2016 hack of a virtual currency

MEXICO CITY (AP) — Mexico is defending its fishermen as the U.S. government bans Mexican fishing vessels from entering U.S. ports on the Gulf of Mexico because of poaching. Mexico says the incursions are accidental. The U.S. says Mexico has not done enough to prevent its boats from illegally fishing for red snapper in U.S.

CHICAGO (AP) — Boeing is reporting a slight edge over Airbus in airplane deliveries and a bigger advantage in new orders from last month. That’s according to reports Tuesday from the world’s two leading aircraft makers. Boeing says it delivered 32 commercial jetliners in January, up from 26 in the same month last year. That

BRUSSELS (AP) — Police in Belgium have detained 13 people following raids in and around the port city of Antwerp as part of an investigation into alleged terror activities. The federal prosecutor’s office said the suspects detained Tuesday are all part of the same group. About 100 police officers were involved in the operation. Belgium

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. trade deficit soared to a record $859.1 billion last year as American consumers splurged on foreign-made electronics, toys and clothing, fallout from the economy’s unexpectedly robust recovery from a short but nasty 2020 pandemic recession. The trade gap — the difference between what the

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — The Dutch government has appointed a commissioner to tackle sexual abuse and intimidation, after recent high-profile #MeToo cases shocked the nation. In recent weeks, the popular television talent show “The Voice of Holland” has been taken off air amid complaints of unwanted behavior ranging from