The number of Americans filing for unemployment benefits fell slightly, according to a new government report. Jobless claims filings fell by 2,000 to 220,000 for the week ending March 8, the Labor Department said. That’s fewer than the 226,000 new applications analysts forecast. It’s not clear when job cuts ordered by the Department of Government [...]
The Federal Trade Commission has asked a federal judge to delay a trial in a case accusing Amazon of using deceptive practices in its Prime subscription program, citing staffing and budgetary challenges at the government agency. Jonathan Cohen, a lawyer for the FTC, made the request before U.S. District Judge John Chun, who is overseeing [...]
Ireland’s Mallinckrodt will buy American drugmaker Endo in a cash-and-stock deal valued at $6.7 billion. The companies said that shareholders of Malvern, Pa.-based Endo Inc. will receive a total of $80 million in cash and own nearly 50 percent of the combined company. Mallinckrodt shareholders will have a stake of slightly more than 50 percent. [...]
A bipartisan bill that incorporates and builds upon the recommendations of Gov. Mike DeWine’s School Bus Safety Working Group recently debuted in the Transportation Committee of the Ohio House of Representatives. House Bill 3, dubbed the School Bus Safety Act, is a comprehensive and carefully considered bill focused on advancing school bus safety statewide, according [...]
The Trump administration last week announced that it will reconsider the reach of the Clean Water Act and is expected to further limit the wetlands it covers, building on a Supreme Court decision two years ago that removed federal protections for some areas. Environmental Protection Agency Administrator Lee Zeldin said at agency headquarters in Washington [...]
The latest class of startups to join the Ohio State University-sponsored Techstars Columbus program includes two local companies: Avionova and Sonnet. Avionova is developing wearable technology that is designed to prevent spatial disorientation for pilots, astronauts and people with balance disorders, while Sonnet is an artificial intelligence software for professionals in regulated industries, according to [...]
Federal investigators looking for the cause of the January collision between a passenger jet and an Army helicopter near Washington, D.C., that killed 67 people has recommended a ban on some helicopter flights to improve safety. A military helicopter collided with the American Airlines jet as it was approaching Ronald Reagan National Airport over the [...]
The Trump administration is halting a $1 billion program that helps preserve affordable housing, threatening projects that keep tens of thousands of units livable for low-income Americans, according to a document obtained by The Associated Press. The action is part of cuts and funding freezes at the U.S. Department of Housing and Urban Development. The [...]
WASHINGTON (AP) — Inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, according to a new federal government report. The consumer price index increased 2.8 percent in February from a year ago, the report from the Labor Department showed, down from 3 percent [...]
BRUSSELS (AP) — The European Union has announced retaliatory trade action with new duties on American industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25 percent. The world’s biggest trading bloc was expecting the United States tariffs and prepared in advance, but [...]