Tag: AP

Dec 23

Plans abounding for new sports stadiums across the US, carrying hefty public costs

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press David A. Lieb Published Dec 23, 2023  •  6 minute read Join the conversation Article content Standing on a portable stage erected at home plate of the Milwaukee Brewers ballpark, Wisconsin Gov. Tony Evers recently praised the professional baseball team as an “essential […]
Dec 22

China’s BYD to build its first European electric vehicle factory in Hungary

Article content BUDAPEST, Hungary (AP) — One of the world’s largest electrical vehicle manufacturers, China’s BYD, will open its first European EV production factory in Hungary, the country’s foreign minister said Friday, the latest step in the Central European nation’s efforts to become a global hub for EV manufacturing. BYD will construct the plant near […]
Dec 20

In Milwaukee, Biden looks to highlight progress for Black-owned small businesses

Article content WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday to spotlight a surge in federal government support for Black-owned small businesses during his White House tenure and to highlight his administration’s efforts to ramp up investment in distressed communities. The Small Business […]
Dec 20

Germany’s top prosecutor files motion for asset forfeiture of $789 million of frozen Russian money

Article content BERLIN (AP) — Germany’s federal prosecutor has filed a motion for asset forfeiture concerning more than 720 million euros ($789 million) of frozen Russian money. The prosecutor’s office said Wednesday that the aim of the motion, which was filed on July 7, is to seize the money deposited by a Russian financial institution […]
Dec 20

Doctors in England begin a 3-day strike over pay at busy time of the year in National Health Service

Article content LONDON (AP) — Doctors in the early stages of their careers in England started a 72-hour strike Wednesday in their long-running dispute with the British government over pay levels. Patients in Britain’s state-owned National Health Service have been warned that there will be “significant disruption,” with thousands of appointments and procedures postponed or […]
Dec 19

German railway operator Deutsche Bahn launches effort to sell logistics unit Schenker

Article content BERLIN (AP) — Germany’s main national railway operator, Deutsche Bahn, on Tuesday launched an effort to sell its logistics unit, DB Schenker, as the company seeks to concentrate on its core business at home. Schenker has about 76,600 employees in more than 130 countries and for years generated high profits, helping push Deutsche […]