NEW YORK — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country’s “ tuna bond ” scandal and swept into a U.S. court. A federal jury in New York delivered the verdict. Chang was accused of accepting payoffs to put his African nation
ATLANTA — The federal government is making its first loan to a crystalline silicon solar plant, loaning $1.45 billion to support a South Korean company’s bid to build up key parts of the solar supply chain inside the United States. The loan from the U.S. Energy Department, announced Thursday, will be key to funding a
BOONE, N.C. — On the whooshing Watauga River, excavators claw at the remains of Shulls Mill Dam, pulling concrete apart piece by piece and gradually opening a waterway kept in check for nearly two centuries. Removal of this privately-owned hydropower dam in western North Carolina will be a boon for rafters, kayakers and tubers by
WILMINGTON, Del. — The chief executive of Delaware’s largest county is calling for a federal investigation into the campaign finances of the state’s lieutenant governor, who is his chief rival for the Democratic gubernatorial nomination. New Castle County Executive Matt Meyer held a brief news conference Monday to respond to a forensic review commissioned by
Markets on Wall Street logged losses in early trading Wednesday as the tech sector was dragged down by some uninspiring earnings from high-profile companies. Futures for the S&P 500 slipped 0.9% before the bell and futures for the Dow Jones Industrial Average fell 0.5%. The tech-heavy Nasdaq tumbled 1.3%. Electric vehicle maker Tesla’s second-quarter net
The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices By ALEX VEIGA AP Business Writer July 11, 2024, 12:03 PM ET • 3 min read LOS ANGELES — The average rate on a 30-year mortgage fell slightly this week, providing modest relief for
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May By ALEX VEIGA AP Business Writer July 3, 2024, 12:02 PM ET • 3 min read LOS ANGELES — The average rate on a 30-year mortgage rose this week, pushing
ATLANTA (AP) — Georgia on Monday imposed new restrictions on the sale of hemp products, required some basic standards for rented residences, cut income taxes and required cash bail for dozens of new crimes. Those are among many laws passed earlier this year by the General Assembly that took effect on July 1. Part of
Missouri Gov. Mike Parson has vetoed funding for a school safety initiative using gun-detection surveillance systems By DAVID A. LIEB Associated Press June 28, 2024, 7:17 PM ET • 3 min read JEFFERSON CITY, Mo. — Missouri Gov. Mike Parson vetoed funding Friday for a school safety initiative that would have used video surveillance software
TOPEKA, Kan. — Federal judges in Kansas and Missouri on Monday together blocked much of a Biden administration student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. The judges’ rulings prevent the U.S. Department of Education from helping many of the intended borrowers ease their