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Business

Once dead, twice billed: GAO questions COVID funeral awards

The Federal Emergency Management Agency may have been double-billed for the funerals of hundreds of people who died of COVID-19, the Government Accountability Office said in a new report Wednesday. The GAO identified 374 people who died and were listed on more than one application that ...

Amazon warehouse collapse probe finds worker safety risks

U.S. regulators are calling on Amazon to improve its procedures for dealing with severe weather like hurricanes and tornadoes that could threaten workers at its warehouses dotted across the country. The Occupational Safety and Health Administration on Tuesday sent a “Hazard Alert Letter” ...

Stocks rally, erase early loss

NEW YORK (AP) — U.S. stocks stormed back from sharp losses in the morning to notch gains Monday, the latest round of turbulence for Wall Street. The S&P 500 climbed 24.34 points, or 0.6%, to 4,296.12 after erasing an early 1.7% loss. Stocks of internet-related companies helped lead the ...

Elon Musk has an agreement to acquire Twitter for about $44B

Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said. The outspoken Tesla CEO, the world’s wealthiest person, has said he wants to buy Twitter because he thinks it’s not living up to its potential as a platform for “free ...

China promotes coal in setback for efforts to cut emissions

BEIJING (AP) — China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source. Official plans call for boosting coal production ...

DeSantis tests limits of his combative style in Disney feud

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis ‘ deepening feud with Walt Disney World is testing the limits of his combative leadership style while sending an unmistakable message to his rivals that virtually nothing is off limits as he plots his political future. The 43-year-old ...