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Business

U.S. jury convicts former Mozambique’s finance minister Manuel Chang

NEW YORK (AP) — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country’s “ tuna bond “ scandal and swept into a U.S. court. A federal jury in New York delivered the verdict. Chang was accused of ...

Wall Street calms down as stocks bounce back

NEW YORK (AP) — A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 climbed 1% to break a brutal three-day losing streak. It had tumbled a bit more ...

FDA warns about more ground cinnamon tainted with lead

(AP) — U.S. health officials are warning that several types of ground cinnamon sold at certain discount and specialty grocery stores are contaminated with high levels of lead and should be discarded. The Food and Drug Administration has issued its third alert this year, adding at least 10 ...

Dozens of Maine waterfront businesses get money to rebuild from winter storms

PORTLAND, Maine (AP) — Maine is providing more than $21 million in grants to help dozens of waterfront communities rebuild from a series of devastating storms this past winter. The storms brought flooding, damage and power outages to the Northeast, and were particularly damaging to coastal ...