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Business

Senate aims to reject Biden’s vaccine mandate for businesses

WASHINGTON (AP) — The Senate is poised to approve a resolution Wednesday overturning the Biden administration’s requirement that businesses with 100 or more workers have their employees be vaccinated against the coronavirus or submit to weekly testing. The Democratic-led House is ...

Biden signs stopgap funding bill to keep government running

WASHINGTON (AP) — President Joe Biden on Friday signed into law the stopgap spending bill that will keep the federal government running through Feb. 18, after congressional leaders defused a partisan standoff over federal vaccine mandates. The White House released a statement noting the ...

California now limits medical parole to those on ventilators

SACRAMENTO, Calif. (AP) — A new California policy could send dozens of quadriplegic, paraplegic or otherwise permanently incapacitated inmates from nursing homes back to state prisons. Prison officials say a change in federal rules led them to limit medical parole to inmates so ill they are ...

November delivers another hit to sinking consumer confidence

WASHINGTON (AP) — U.S. consumer confidence fell to a nine-month low in November, clipped by rising prices and concern about the coronavirus. The Conference Board reported Tuesday that its consumer confidence index dropped to a reading of 109.5, down from 111.6 in October. It was the lowest ...

Dollar Tree makes it official: Items will now cost $1.25

NEW YORK (AP) — Faced with the rising cost of goods and freight, discount retail chain Dollar Tree said Tuesday it will be raising its prices to $1.25 for the majority of its products. Dollar Tree said the reason for raising its prices to $1.25 was not due to “short-term or transitory ...

Samsung says it will build $17B chip factory in Texas

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is the largest foreign direct investment in the state of Texas, ever,” Texas Gov. Greg Abbott said in ...