Business News

  • 'Unmute us': Marchers demand return of Dutch music festivals

    AMSTERDAM (AP) — Dutch music fans have been banned for months from going to large-scale festivals due to coronavirus restrictions. On Saturday, the festivals came to them.
  • Colonial Pipeline restarts operations days after major hack

    CLEMMONS, N.C. (AP) — The nation's largest fuel pipeline restarted operations Wednesday, days after it was forced to shut down by a gang of hackers.
  • Consumer prices shot up 0.8% in April as worries escalate

    WASHINGTON (AP) — A worrisome bout of inflation struck the U.S. economy in April, with consumer prices for goods and services surging 0.8% — the largest monthly jump in more than a decade — and the year-over-year increase reaching its fastest rate since 2008.
  • Southern cities hit hard by storms face new crisis: No water

    AUSTIN, Texas - Southern cities slammed by winter storms that left millions without power for days have traded one crisis for another: Busted water pipes ruptured by record-low temperatures created shortages of clean drinking water, shut down the Memphis airport on Friday and left hospitals struggling to maintain sanitary conditions.
  • Some electricity restored in Texas, but water woes grow

    AUSTIN, Texas - Power was restored to more homes and businesses Thursday in states hit by a deadly blast of winter that overwhelmed the electrical grid and left millions shivering in the cold this week. But the crisis was far from over in parts of the South, where many people still lacked safe drinking water.
  • Power outages linger for millions as another icy storm looms

    AUSTIN, Texas - Millions of Americans endured another frigid day without electricity or heat in the aftermath of a deadly winter storm as utility crews raced to restore power before another blast of snow and ice sowed more chaos in places least equipped to deal with it.
  • Autoworkers face uncertain future in an era of electric cars

    TOLEDO, Ohio - When General Motors boldly announced its goal last month to make only battery-powered vehicles by 2035, it didn't just mark a break with more than a century of making internal combustion engines. It also clouded the future for 50,000 GM workers whose skills — and jobs — could become obsolete far sooner than they knew.
  • Restaurant chains jump on ghost kitchen trend to boost sales during COVID-19

    VANCOUVER - When the COVID-19 outbreak forced many restaurants to shutter dining rooms across Canada, Vancouver-based Joey Restaurants responded by opening two "ghost kitchens" — a new model being adopted for delivery- and pick-up-only spaces.
  • US wholesale prices rise 0.1 pct., a sign inflation in check

    WASHINGTON - U.S. wholesale prices barely rose last month as a sharp decline in the cost of gas offset pricier freight trucking services and mobile phone plans.
  • Closed ports, lost power: How storm could hurt area economy

    WASHINGTON - Ports are closing. Farmers are moving hogs to high ground. Dealers are parking cars in service bays for refuge. And up to 3 million energy customers in North and South Carolina could lose power for weeks.

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