Hertz will likely emerge from Chapter 11 bankruptcy protection by the end of the month after a bankruptcy court confirmed the reorganization plan for the beleaguered car rental company.
MADISON, Wis. (AP) — Democratic Gov. Tony Evers and Republican legislative leaders disagreed Tuesday over what to do with $4.4 billion in revenue the state is projected to receive above expectations, an unprecedented boost in tax collections attributed to an improved economy emerging from the coronavirus pandemic.
PORTLAND, Maine (AP) — Vinyl record sales surged during the pandemic as music lovers fattened their collections, and audio cassettes began a comeback as well, keeping business spinning at record stores.
Massachusetts Attorney General Maura Healey has been a leader in the legal push to hold companies and individuals accountable for the U.S. opioid addiction and overdose epidemic, which has been linked to nearly 500,000 deaths over the last two decades.
CHARLESTON, W.Va. (AP) — In a new court filing, West Virginia Gov. Jim Justice blamed a bankrupt U.K. bank for fraudulently inducing him into personally guaranteeing $700 million in loans that were taken out by his companies.
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
CASPER, Wyo. (AP) — The federal government has argued that the U.S. Supreme Court should not take up a lawsuit in Wyoming over a blocked coal export terminal because the company behind the proposal is bankrupt and won't be building the project.
HONOLULU (AP) — Hawaii's Council on Revenues on Tuesday sharply increased its tax revenue forecast for the state to reflect rebounding spending by residents and a growing number of tourists visiting the islands more than a year after the coronavirus pandemic first hit the state.
ATLANTIC CITY, N.J. (AP) — The Atlantic City casinos' gross operating profit soared in the first quarter of this year to more than $95 million, more than three times the amount they earned in the first quarter of 2020, when the COVID-19 shutdown wiped out half of March.
ALBUQUERQUE, N.M. (AP) — New Mexico’s financial assurance requirements for oil and gas wells, pipelines and related infrastructure fall far short of what would be needed to offset closure and cleanup costs, according to the findings of an independent study released Thursday.
NEW YORK (AP) — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that speci…
BATON ROUGE, La. (AP) — Already flush with federal cash, Louisiana's budget picture brightened again Tuesday, with the state's income forecasting panel estimating $677 million in tax collections above expectations should flow into the treasury over the next 14 months.
NEW YORK (AP) — Walmart raised its annual earnings forecast on Tuesday after delivering better-than-expected results in the first quarter that…
RICHMOND, Va. (AP) — The state of Virginia is expecting a half-billion-dollar budget surplus by the end of June, blunting the impact of the COVID-19 pandemic on the economy, and officials are awaiting a $4.3 billion federal deposit in the state’s coffers any day.
LINCOLN, Neb. (AP) — Nebraska state government collected slightly less tax revenue than expected in April, according to state officials.
LONDON (AP) — The business empire of Liberty Steel owner Sanjeev Gupta, including its financing arrangements with bankrupt Greensill Capital U.K., is being investigated by Britain's Serious Fraud Office, the agency said Friday.
TOKYO (AP) — Honda swung into the black in January-March, recording a 213 billion yen ($2 billion) profit despite the lingering impact of the pandemic.
NEW YORK (AP) — Disney second-quarter revenue dropped as the pandemic continued to weigh on its parks and theme parks. Disney+ subscriptions continued to surge but missed some analyst expectations. Still, net income beat expectations and CEO Bob Chapek said signs of recovery can be seen across the company's business as the pandemic begins to wane.
LONDON (AP) — Former British Prime Minister David Cameron said Thursday he never suspected that a financial services company he lobbied for would go under, threatening thousands of jobs at a steel firm it helped finance.
Millions of people forced to work out of the office during the pandemic took on new projects at home and Home Depot is supplying a lot of the …
SAN FRANCISCO (AP) — Pacific Gas and Electric has reworked a $13.5 billion settlement with victims of deadly wildfires blamed on the utility t…
Pacific Gas & Electric reported another huge loss on Thursday as the fallout from catastrophic wildfires blamed on its outdated transmissi…
Wells Fargo, still haunted by multiple scandals, reported higher earnings in the third quarter Friday but still fell short of what analysts we…