Article content WEST PALM BEACH, Fla. (AP) — Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen. Article content Hoping to unlock the funds in […]
Article content (Bloomberg) — Venezuelans are bracing for severe cooking-gas shortages after a blast knocked out a plant serving almost half the country. Propane production has plunged 97% since the Nov. 11 explosion at the Muscar gas complex in Monagas state, according to data seen by Bloomberg. Repairs are expected to take four months, imperiling […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Jake Coyle Published Nov 24, 2024 • Last updated 20 minutes ago • 4 minute read Article content NEW YORK (AP) — With a combined $270 million in worldwide ticket sales, “Wicked” and “Gladiator II” breathed fresh life into a box office that […]
Breadcrumb Trail Links PMN Business Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points. Author of the article: Bloomberg News Frances Schwartzkopff Published Nov 24, 2024 • 3 minute read The Environmental Protection Agency headquarters in Washington, DC. Photographer: Stefani Reynolds/Bloomberg Photo by […]
Article content (Bloomberg) — A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives. The US International Development Finance Corp. hasn’t reached a final […]
Article content (Bloomberg) — Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs amid a fall in domestic power demand and a drive to trim spending. The North African nation’s decision to not receive the cargoes came amid efforts in “updating production and consumption models according […]
Article content (Bloomberg) — COP29 appeared set for a last-ditch deal as key negotiators agreed to a broad blueprint on climate finance, pulling the United Nations talks in Azerbaijan back from the brink of collapse. After a chaotic day, when officials often appeared despairing of making progress, delegates appear ready to coalesce around a deal […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Joseph Wilson And Hernan Munoz Published Nov 23, 2024 • Last updated 42 minutes ago • 3 minute read Article content BARCELONA, Spain (AP) — Tens of thousands of Spaniards marched in downtown Barcelona on Saturday to protest the skyrocketing cost of renting […]
Breadcrumb Trail Links PMN Business Mexico is looking beyond the incoming Trump administration’s threats of tariffs, betting on a bright future for global merchandise trade no matter what actions its northern neighbor and biggest trading partner takes. Author of the article: Bloomberg News Alex Vasquez Published Nov 23, 2024 • 4 minute read Captain Luis […]
Breadcrumb Trail Links PMN Business Investors have a challenge in betting on the usual stock market rally that tends to arrive after a presidential election: With the S&P 500 Index on track for one of its best ever starts to a year, history can’t be a guide this time. Author of the article: Bloomberg News […]