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Business News

  • Russia scores points with vaccine diplomacy, but snags arise

    MOSCOW - Russia's boast in August that it was the first country to authorize a coronavirus vaccine led to skepticism at the time because of its insufficient testing. Six months later, as demand for the Sputnik V vaccine grows, experts are raising questions again — this time, over whether Moscow can keep up with all the orders from the countries that want it.
  • Push to bring coronavirus vaccines to the poor faces trouble

    LONDON - An ambitious humanitarian project to deliver coronavirus vaccines to the world's poorest people is facing potential shortages of money, cargo planes, refrigeration and vaccines themselves — and is running into skepticism even from some of those it's intended to help most.
  • Racial equality groups grapple with surge in donations

    NEW YORK - A flood of donations following the death of George Floyd have left racial equality and social justice groups in a position they might never have expected to be in: figuring out what to do with a surplus of cash.
  • Feds indict powerful Philly union boss, councilman, others

    PHILADELPHIA - A powerful union boss with a tight grip on construction jobs in the Philadelphia region and outsized influence in city and state politics has been indicted in alleged schemes to embezzle more than $600,000 and have a councilman on the union payroll do his bidding at City Hall.
  • Booze warning labels worked in U.S., says researcher after Yukon cautions pulled

    VANCOUVER - A United States researcher involved in a study on alcohol warning labels in Yukon that was halted after pushback from the liquor industry says caution messages have proven effective elsewhere.
  • Correction: Conflicted Interests story

    In a story Dec. 6 about potential conflicts of interest among state legislators, The Associated Press and Center for Public Integrity reported erroneously that Nevada lawmakers in a special session last year took a historically unprecedented step in waiving requirements that legislators disclose potential conflicts of interest when they approved money for an NFL stadium.
  • Second massive buyout attempt in 3 weeks could mean drastically altered health care landscape

    NEW YORK, N.Y. - Anthem is buying rival Cigna for $48 billion in a deal that would create the nation's largest health insurer by enrolment, covering about 53 million U.S patients.
  • Speaker rules Liberals not in contempt to give power workers shares in Hydro One

    TORONTO - The Speaker of the Ontario legislature says the Liberals did not violate the privilege of members and was not in contempt of parliament when it negotiated deals to give workers shares in Hydro One before the utility's sale is approved.
  • CPP hiding rising costs, which have more than tripled since 2006: new report

    TORONTO - The Canada Pension Plan is hiding the fact that its administrative costs have more than tripled since 2006 because of transaction and external management fees, according to a new report from a conservative think-thank.
  • Federal program for science and tech internships costly to run: report

    OTTAWA - A federal program that buys internships for science-and-technology graduates is pricey, with administration costs as high as 44 cents for every dollar spent.

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