Government business and finance

Wisconsin Gov. Tony Evers talks to reporters Wednesday, Feb. 20, 2019, in Madison, Wis. Evers says he anticipates not supporting a Republican middle class tax cut bill that passed with no Democratic votes. (AP Photo/Scott Bauer)
February 20, 2019 - 4:21 pm
MADISON, Wis. (AP) — Wisconsin Gov. Tony Evers vetoed a GOP income tax cut bill Wednesday in an early showdown with legislative Republicans who had moved to weaken the Democrat's powers just weeks before he took office. Republicans rushed to pass the bill, the first they introduced this year,...
Read More
FILE- In this Jan. 30, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. On Wednesday, Feb. 20, the Federal Reserve releases minutes from its January meeting, when it held its benchmark interest rate steady and sent a strong signal that it sees no need to raise rates anytime soon. (AP Photo/Alex Brandon, File)
February 20, 2019 - 2:46 pm
WASHINGTON (AP) — Federal Reserve policymakers last month noted greater threats to the U.S. economy, ranging from adverse effects of the government shutdown to rising trade tensions, and decided to emphasize that they would be "patient" in raising interest rates. Minutes of the Fed's January...
Read More
February 20, 2019 - 2:46 pm
SPRINGFIELD, Ill. (AP) — New Illinois Gov. J.B. Pritzker proposed a budget Wednesday that relies partly on tax revenues from two industries that currently aren't even legal in the state, which is saddled with billions of dollars in pension obligations and other debts. Pritzker's $39 billion...
Read More
February 20, 2019 - 12:58 pm
WASHINGTON (AP) — The Supreme Court said Wednesday that the state of West Virginia unlawfully discriminated against a retired U.S. marshal when it excluded him from a more generous tax break given to former state law enforcement officers. West Virginia law exempts state law enforcement retirees,...
Read More
February 20, 2019 - 10:54 am
HARARE, Zimbabwe (AP) — Zimbabwe, without its own currency for a decade, took steps to address its worsening economic crisis by allowing its surrogate currency, bond notes, and electronic funds to float freely against other major currencies, abandoning an official but artificial parity with the...
Read More
German Foreign Minister Heiko Maas, right, and British Foreign Secretary Jeremy Hunt attend a joint news conference after a meeting at the foreign ministry in Berlin, Wednesday, Feb. 20, 2019. (AP Photo/Markus Schreiber)
February 20, 2019 - 10:40 am
BERLIN (AP) — Britain's top diplomat has urged Germany to relax its ban on arms sales to Saudi Arabia because they are affecting U.K. sales of weapons to — and by extension its influence with — the oil-rich kingdom. The German weekly Der Spiegel reported Wednesday that British Foreign Minister...
Read More
Former CEO of Global Wealth Management and Business Banking at UBS AG Raoul Weil leaves the Paris courthouse in Paris, France, Wednesday, Feb. 20, 2019. A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities. (AP Photo/Michel Euler)
February 20, 2019 - 9:38 am
PARIS (AP) — A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities, wrapping up one of France's biggest-ever tax evasion trials. The Paris court convicted Zurich-based UBS AG on...
Read More
February 20, 2019 - 7:56 am
JOHANNESBURG (AP) — South Africa's minister of finance says that the government will loan the troubled state power company, Eskom, 69 billion rand ($4.9 billion) to help it service its debts. Delivering the 2019 budget to parliament, Finance Minister Tito Mboweni said the loan would help Eskom...
Read More
FILE - This Oct. 27, 2010, file photo shows a Boeing 737 being delivered to FlyDubai in Seattle. Budget carrier FlyDubai said Wednesday, Feb. 20, 2019, that revenues rose to $1.7 billion in 2018, but the company ended the year with a loss of $43.5 million. (AP Photo/Elaine Thompson, File)
February 20, 2019 - 3:40 am
DUBAI, United Arab Emirates (AP) — Dubai's government-owned budget carrier FlyDubai said Wednesday its revenues increased to $1.7 billion in 2018, though the airline ended the year with a loss of $43.5 million. The airline that flies out of both Dubai International Airport and Dubai World Central's...
Read More
February 20, 2019 - 3:22 am
PARIS (AP) — Air France and KLM have reached a compromise on tightening ties between the airlines, ending a power struggle that had alarmed the Dutch government, staff and shareholders. Air France also secured a salary agreement with pilots after protracted conflicts, including strikes last year...
Read More

Pages