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The most important US and world business headlines, news and other interesting stories.
The most important US and world business headlines, news and other interesting stories.

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Jacob Lew: Tax bill is against most vulnerable, good for richest - Jacob Lew, former U.S. Treasury Secretary under President Barack Obama, said the tax cut legislation has concentrated benefits for big corporations and rich people, and will leave the country broke. "It's a ticking time bomb in terms of the debt," Lew told Bloomberg Radio Tuesday. "You cannot run a fiscal policy by spending trillions of dollars you...
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Deadly cold grips much of U.S., record from 1884 broken - Bone-chilling cold gripped much of the U.S. as 2018 began, breaking century-old records. That was leading to several deaths that authorities attributed to exposure to the dangerously low temperatures. The National Weather Service issued wind chill advisories and freeze warnings Tuesday covering a vast area from South Texas to Cana...
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U.S.: We will not give $255 million in aid to Pakistan - The United States is withholding $255 million in aid from Pakistan in the backdrop of souring ties between Islamabad and the administration of US President Donald Trump. U.S. Ambassador to the United Nations Nikki Haley confirmed at a press conference that the White House had made the decision. “The administration is withholding $2...
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Turkmenistan bans black cars - The Turkmen police is removing cars of dark colors fron the road, AKIpress reported citing the Chronicle of Turkmenistan. A few days ago, the seized cars were returned to their owners but with the request to repaint them in white or light colors. The RFE/RL also reports that the black cars are evacuated directly from the parking lots and t...
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Western Gas recalls 45m gallons of propane across five U.S. states - Propane gas sold across Colorado, Nebraksa, Montana, South Dakota and Wyoming is being recalled. Western Gas Partners says the recalled propane may not contain enough odorant to detect a leak. The odorant serves as a warning to consumers to help prevent explosion or fire hazards. The recall involves 45.7 million gallons of p...
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Next phase of the discard ban takes effect in North Sea - From today, fishermen targeting certain fish in the North Sea must land everything they catch as the next phase of the discard ban for demersal species comes into force, UK's Fisheries Minister George Eustice has announced. The discard ban, also known as the landing obligation will encourage sustainable fishing by endi...
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Comprehensive workforce development program in New York - Governor Andrew M. Cuomo unveiled the 19th proposal of the 2018 State of the State: strengthen workforce development in New York. Building on the success of the Excelsior Scholarship and other initiatives to equip New Yorkers with tools to succeed in the new economy, the Governor proposes a comprehensive workforc...
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Golden Star reports two fatalities at Prestea Underground Gold Mine - Golden Star Resources reported two fatalities at its Prestea Underground Gold Mine in Ghana on December 29, 2017. Initial investigations suggest that the two employees succumbed to smoke inhalation sickness following exposure to blasting gasses. Golden Star suspended operations at Prestea Underground to allow ...
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Shell's $30 billion departure from Denmark's refining business canceled - A $30 billion divestment program will be completed this year even after an agreement to sell a Danish subsidiary dissolved, Royal Dutch Shell said. Shell said an agreement signed in late 2016 with refiner Dansk Olieselskab terminated without the sale completing and operations would continue as usual under the Dutch sup...
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Nordstrom to begin hiring employees for new NYC men's store - Nordstrom will hire 250 employees for its first stand-alone Men's Store in Manhattan, which will open on Broadway between West 57th and West 58th streets in April 2018. The company will also open a New York City flagship store in 2019 at the base of Central Park Tower, an Extell Development Company Project. Sales and support po...
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