By MIKE SCHNEIDER Associated Press ORLANDO, Fla. (AP) Kaisha Toledo was studying for a doctorate in psychology in Puerto Rico, but after four years in Florida, she still hasn't found a permanent job in her field. Ricardo Negron passed the bar on the island, but still can't work as a lawyer in Florida. Carlos Martinez […]
By MARCY GORDON AP Business Writer WASHINGTON (AP) The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. It was the first time in seven years of […]
By KEVIN FREKING Associated Press NEW YORK (AP) With a boost from President Donald Trump, House Republicans are reviving efforts to shift responsibility for the nation's air traffic control operations to a private, nonprofit corporation. Republican Rep. Bill Shuster, the chairman of the House Transportation and Infrastructure Committee, said Wednesday the committee will consider his […]
ALBANY, N.Y. (AP) Lawmakers in many states get paid extra if they hold leadership posts or oversee important committees. Extra work, the thinking goes, should equal extra pay. But few state legislatures have a bonus system as extensive as the one in New York's state senate, where nearly all 63 members take home stipends nicknamed […]
By JOSEPH PISANI AP Business Writer NEW YORK (AP) Women CEOs earned big bucks last year, but there's still very few of them running the world's largest companies. The median pay for a female CEO was $13.1 million last year, up 9 percent from 2015, according to an analysis by executive data firm Equilar and […]
By DAVID KOENIG and JOYCE M. ROSENBERG AP Business Writers NEW YORK (AP) International air travelers might soon rediscover magazines, paperbacks and playing cards. Airline passengers have become hooked on their laptops and tablets to get work done or just kill time during long flights. But U.S. aviation-security officials appear determined to ban large electronic […]
By Tom Krisher Associated Press DETROIT (AP) In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robotaxis. A self-driving car would be programmed to drive at the speed limit. Humans routinely exceed it by 10 to 15 […]
By MARIA DANILOVA Associated Press WASHINGTON (AP) When it comes to music and visual arts, American teenagers could use some help. The National Center for Education Statistics reported Tuesday that in 2016, American eighth graders scored an average 147 in music and 149 in visual arts on a scale of 300. Some 8,800 eighth graders […]
By TALI ARBEL Associated Press NEW YORK (AP) Internet companies are readying for a showdown with telecoms and a Republican-controlled government over a policy near and dear to their hearts: net neutrality. Net neutrality basically prevents broadband providers from playing favorites or steering users toward (or away from) particular internet sites. Under rules enacted during […]
Whether it was fear, racism or economic concerns that led the U.S. in the 1930s to ban growing or even possessing marijuana, the nation's wall against pot lasted a generation. Now, it's showing signs of wear. Twenty-nine U.S. states consider pot legal for people with certain medical conditions. Eight of those states, plus the District […]
By ANNA GRONEWOLD and DAVID KLEPPER Associated Press ALBANY, N.Y. (AP) There's a big string attached to New York's free middle-class college tuition initiative: Students must stay in the state after graduation or else pay back the benefit. Democratic Gov. Andrew Cuomo said Monday that the requirement was added to protect the state's investment in […]
By JOYCE M. ROSENBERG AP Business Writer NEW YORK (AP) If you build it, they will stay. The small businesses that dominate the home remodeling industry are expecting robust growth in the next few years, thanks partly to baby boomers who want to remain in their homes. Home remodelers say they’ve had a pickup in […]
By ANNA GRONEWOLD Associated Press ALBANY, N.Y. (AP) Adrian Thomas falsely confessed to harming his infant son when Troy police told him that admittance could save the boy’s life. Video footage of the nearly 10-hour interrogation revealed what they didn’t tell him: the boy was already dead. The recording of the coercive interrogation gave Thomas […]
By MATTHEW DALY Associated Press WASHINGTON (AP) President Donald Trump has finalized his first budget for the federal government, a blueprint that would make deep cuts in the Environmental Protection Agency and other domestic programs while significantly increasing spending on the military. The budget, submitted to Congress on Thursday, was widely expected to cause political […]
By JOYCE M. ROSENBERG AP Business Writer NEW YORK (AP) The hiring freeze at small businesses looks like it's finally thawing. Recruiting is picking up after being dormant at many companies even years after the recession. The factors behind companies' decisions to hire vary, with some anticipating a big revenue kick from the Trump administration's […]
