Government business and finance

This photo shows a view of a dam on Wixom Lake in Edenville, Mich., Tuesday, May 19, 2020. People living along two mid-Michigan lakes and parts of a river have been evacuated following several days of heavy rain that produced flooding and put pressure on dams in the area. (Kaytie Boomer/The Bay City Times via AP)
May 20, 2020 - 6:50 pm
TRAVERSE CITY, Mich. (AP) — A hydroelectric dam that failed to hold back floodwaters this week in Michigan was the target of lengthy investigations by federal regulators, who revoked the facility's license over safety violations two years before the flooding that forced 10,000 people to evacuate...
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FILE - This March 2, 2019, file photo, shows a Customs and Border Control agent patrolling on the US side of a razor-wire-covered border wall along the Mexico east of Nogales, Ariz. A North Dakota construction company favored by President Donald Trump has received the largest contract to build a wall along the U.S.-Mexico border. The Army Corp of Engineers also said there was no set date to start or complete construction, which will take place near Nogales, Arizona and Sasabe, Arizona. (AP Photo/Charlie Riedel, File)
May 20, 2020 - 4:36 pm
PHOENIX (AP) — A North Dakota construction company favored by President Donald Trump has received the largest contract to date to build a section of Trump’s signature wall along the U.S.-Mexico border. Republican U.S. Sen. Kevin Cramer of North Dakota confirmed the $1.3 billion contract for...
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FILE - In this Jan. 9, 2020 file photo, a DirectTV dish stands on home in the Catia neighborhood of Caracas, Venezuela. AT&T, one of the last major American companies still operating in Venezuela, said Tuesday, May 19, 2020 it will immediately abandon Venezuela’s pay TV market, as U.S. sanctions prohibit its DirecTV platform from broadcasting channels that it is required to carry by the Venezuelan government, making it impossible to comply with the legal requirements of both countries. (AP Photo/Matias Delacroix, File)
May 19, 2020 - 8:39 pm
MIAMI (AP) — AT&T said Tuesday it will immediately ditch Venezuela's pay TV market as U.S. sanctions prohibit its DirecTV platform from broadcasting channels that it is required to carry by the socialist administration of Nicolás Maduro. The Dallas-based company's closing of its Venezuela unit...
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FILE - In this May 18, 2020, file photo, Texas hairstylist Shelley Luther hugs barber Karl Manke as she speaks during a news conference outside of Karl Manke's Barber and Beauty in Owosso, Mich. His license was suspended last week by Michigan regulators for cutting hair in his shop. (Jake May/The Flint Journal via AP)
May 19, 2020 - 5:04 pm
LANSING, Mich. (AP) — Barbers plan to offer free haircuts on the Michigan Capitol lawn to protest the state's stay-at-home orders, a defiant demonstration that reflects how salons have become a symbol for small businesses that are eager to reopen two months after the pandemic began. Third-...
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In this March 3, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference in Washington. Powell is pledging to reveal the names and other details of the entities that borrow from the emergency programs the central bank has set up to offset the economic hit from the viral outbreak. In prepared testimony for a Tuesday, May 19, 2020 congressional hearing, Powell says the central bank will disclose the amounts borrowed and the interest rates it levies under its programs to provide credit for large corporations, state and local governments, and medium-sized businesses. (AP Photo/Jacquelyn Martin, file)
May 19, 2020 - 3:13 pm
WASHINGTON (AP) — Facing the gravest U.S. economic crisis in decades, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell offered Congress contrasting views Tuesday of what the government's most urgent priority should be. Striking a theme frequently pushed by President Donald...
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A dog walks over a sign printed on the pavement, in London, Tuesday, May 19, 2020, after the introduction of measures to bring the country out of lockdown amid the coronavirus pandemic. (AP Photo/Kirsty Wigglesworth)
May 19, 2020 - 12:31 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to national and global response, the work place and the spread of the virus. ________________________ SLOW TURNAROUND: United Airlines said it is seeing a “...
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FILE - In this Wednesday, Feb. 5, 2020 file photo, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier, right, is greeted by David McAllister, the German EU parliamentarian who is the legislature's top official on the bilateral relations. Slowed by the coronavirus pandemic and whipped up by a British-imposed deadline, talks between the EU and the UK on a future relationship in the wake of Brexit are struggling to make significant progress. A third negotiation session is drawing to a close on Friday, May 15, 2020 but so far, just over 100 days after the official exit of the UK from the EU, fundamental gaps still exist. (AP Photo/Francisco Seco, File)
May 19, 2020 - 12:23 pm
LONDON (AP) — The British government published Tuesday the outlines of a new post-Brexit tariff regime that could potentially lead to a fall in the price of thousands of products, including Christmas trees, cocoa and fridges. The Department for International Trade said the new regime will see...
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A woman relaxes in a park with her dog near a large sign, in London, Tuesday, May 19, 2020, after the introduction of measures to bring the country out of lockdown amid the coronavirus pandemic. (AP Photo/Kirsty Wigglesworth)
May 19, 2020 - 12:06 pm
LONDON (AP) — An influential group of British lawmakers on Tuesday accused Prime Minister Boris Johnson’s government of failing to conduct enough tests for the new coronavirus, saying the lapse helped COVID-19 cut a deadly swath through U.K. nursing homes. As official statistics revealed more than...
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German Chancellor Angela Merkel speaks during a press conference following a joint video conference with French President Macron in Berlin, Germany, Monday, May 18, 2020. One topic was the Corona Pandemic and its consequences. (Kay Nietfeld/dpa via AP)
May 19, 2020 - 11:13 am
FRANKFURT, Germany (AP) — Germany’s agreement to share debt with other EU countries to finance an economic recovery plan is being greeted as a political breakththrough and an overdue sign of unity in the face of the worst downturn the bloc has ever seen. Chancellor Angela Merkel broke with her...
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A cyclist rides his bike along Waterloo Bridge, in London, Monday, May 18, 2020. Large areas of London are to be closed to cars and vans to allow people to walk and cycle safely as the coronavirus lockdown is eased, including Waterloo Bridge and London Bridge. (AP Photo/Alberto Pezzali)
May 19, 2020 - 8:36 am
LONDON (AP) — Unemployment claims in Britain jumped by a record amount in April to their highest level since the 1990s, underscoring the impact the COVID-19 pandemic is having on the economy despite government programs to keep workers on payrolls. Jobless claims surged by 856,000 in April, to 2.1...
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