Business

President Donald Trump speaks during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)
August 08, 2020 - 11:23 pm
BEDMINSTER, N.J. (AP) — President Donald Trump on Saturday bypassed the nation's lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue package collapsed. Trump's...
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FILE - In this April 29 2020, file photo, a resident from the Alexandra township gets tested for COVID-19 , in Johannesburg, South Africa. Africa’s confirmed coronavirus cases have surpassed 1 million, but global health experts tell The Associated Press the true toll is several times higher. (AP Photo/Jerome Delay, File)
August 08, 2020 - 5:53 pm
FRANKFORT, Ky. — Kentucky is reporting an increase of 801 cases of COVID-19, including 29 cases in children age 5 or younger. In a news release, Kentucky Gov. Andy Beshear said the state had a total of 34,578 cases of the illness caused by the new coronavirus and 772 deaths, including an incease of...
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FILE - Striking Bath Iron Works shipbuilders march in solidarity, Saturday, July 25, 2020, in Bath, Maine. The union representing striking production workers says a tentative agreement was reached with Navy shipbuilder Bath Iron Works to end a strike that stretched for more than a month during a global pandemic. The agreement announced on Saturday, Aug. 8, will be put forth to the 4,300 members of Machinists Local S6 for approval. (AP Photo/Robert F. Bukaty, File)
August 08, 2020 - 4:52 pm
BATH, Maine (AP) — Navy shipbuilder Bath Iron Works and production workers reached a tentative agreement to end a strike that has stretched on for more than a month during a pandemic, officials announced Saturday. The proposal, which was unanimously endorsed by the union's negotiating team, will be...
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August 08, 2020 - 4:45 pm
NEW YORK (AP) — A government agency said a potential deal to have Eastman Kodak help make generic drugs is being paused until allegations of insider trading at the once mighty photography company are cleared. “Recent allegations of wrongdoing raise serious concerns,” said the U.S. International...
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FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's company has purchased another $400 million of Bank of America stock less than a week after buying roughly $800 million of the bank's stock. Berkshire Hathaway Inc. said Monday, July 27, 2020 it held 998 million Bank of America shares after the latest purchases, which represents roughly 11.5% of the bank's stock. (AP Photo/Nati Harnik, File)
August 08, 2020 - 4:30 pm
OMAHA, Neb. (AP) — Warren Buffett's company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the...
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FILE - This Wednesday, July 19, 2017 file photo shows the main entrance to the headquarters of the publicly funded BBC in London. British radio host Sideman quit the BBC on Saturday Aug. 8, 2020, over the corporation’s decision to include a racial slur in a news report about a racist attack. (AP Photo/Frank Augstein, File)
August 08, 2020 - 3:38 pm
LONDON (AP) — British radio host Sideman quit the BBC on Saturday over the corporation’s decision to include a racial slur in a news report about a racist attack. Sideman, who appeared on music station Radio 1Xtra, said in an Instagram post that broadcasting the word “feels like a slap in the face...
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FILE - This Sept. 20, 2013 file photo shows an aerial view of the Pacific resort city of Acapulco, Mexico. The Mexican coastal city pulled a pair of controversial video ads Thursday, Aug. 6, 2020, touting the faded resort’s reputation as an “anything goes” tourism destination because they weren't appropriate during the new coronavirus pandemic. (AP Photo/Eduardo Verdugo, File)
August 08, 2020 - 8:12 am
MEXICO CITY (AP) — It has been a bad week for Mexican tourism promotion, and it got worse Friday when the English language version of the country’s tourism website appeared with hilarious mis-translations. Entire states like Hidalgo and Guerrero apparently got machine translated as “Noble” and “...
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A health worker takes a nasal swab sample to test for COVID-19 in Hyderabad, India, Saturday, Aug. 8, 2020. As India hit another grim milestone in the coronavirus pandemic on Friday, crossing 2 million cases and more than 41,000 deaths, community health volunteers went on strike complaining they were ill-equipped to respond to the wave of infection in rural areas. (AP Photo/Mahesh Kumar A.)
August 08, 2020 - 7:34 am
MELBOURNE, Australia (AP) — The Australian state of Victoria recorded 466 new cases of COVID-19 and 12 deaths, including another man in his 30s. The figures were released as the city of Melbourne remained in lockdown and under an overnight curfew. Victoria Premier Daniel Andrews said that six of...
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In this Oct. 31, 2019 photo, man uses his smartphone as he stands near a billboard for Chinese technology firm Huawei at the PT Expo in Beijing. Chinese tech giant Huawei kept its global business growing for almost a decade while Washington piled sanctions on the company and lobbied its allies to keep the company out of telecom networks. Now, Huawei is starting to suffer in earnest as the Trump administration steps up efforts to slam the door on access to Western components and markets in a widening feud with Beijing over technology and security. (AP Photo/Mark Schiefelbein)
August 08, 2020 - 4:51 am
BEIJING (AP) — Chinese tech giant Huawei is running out of processor chips to make smartphones due to U.S. sanctions and will be forced to stop production of its own most advanced chips, a company executive says, in a sign of growing damage to Huawei’s business from American pressure. Huawei...
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Treasury Secretary Steven Mnuchin, center, and President Donald Trump's Chief of Staff Mark Meadows, second from right, leave following a meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)
WBEN Newsroom
August 07, 2020 - 10:35 pm
WASHINGTON (AP) — A last-ditch effort by Democrats to revive Capitol Hill talks on vital COVID-19 rescue money collapsed in disappointment Friday, making it increasingly likely that Washington gridlock will mean more hardship for millions of people who are losing enhanced jobless benefits and...
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