Business

California lawmakers on Monday revived a multibillion-dollar tax break for some businesses after the Biden administration assured them the proposal would not jeopardize the state’s own federal coronavirus aid.

Powell said in testimony prepared for delivery to Congress on Tuesday that the economy is growing but faces continued threats from the pandemic.

The declaration of Juneteenth as a federal holiday is putting the pressure on more U.S. companies to give their employees the day off, accelerating a movement that took off last year in response to the racial justice protests that swept the country

Boeing’s newest version of the 737 Max jetliner has taken flight

Rapper IDK is launching a music business program at Harvard University for students of color

However, the central bank gave no indication as to when it will begin cutting back on its aggressive bond-buying program.

The top Republican on the subcommittee, Rep. Ken Buck, R-Colo., shared why he came around to legal reform as the solution.

The U.S. and the European Union have reached a deal to end a damaging dispute over subsidies to rival plane makers Boeing and Airbus and phase out billions of dollars in punitive tariffs, the U.S. trade envoy said

They’re asking other short-term rental industry companies to join the program, which is intended to launch in the U.S. in the coming months.

The draft bills come after a more than year-long probe into Amazon, Apple, Facebook and Google by a House panel.

The Senate has overwhelmingly approved legislation aiming to boost semiconductor production in the U.S. The bill is a bid to protect economic and national security in the face of growing international competition, most notably from China.

Kroger plans to hire 10,000 new associates at an event on Thursday.

The media company will use two broadcast networks, six cable networks and multiple streaming platforms to show the global games in Tokyo.