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Business

Mnuchin: 2020 deadline for Tubman $20 bill not possible

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin on Friday called “completely erroneous” a published report that an initial 2020 deadline for completing the design of a $20 bill featuring Harriett Tubman could have been met. Mnuchin told a congressional committee last month that the ...

FedEx will stop air shipments of packages for Amazon

FedEx is dropping a contract for air shipment of packages for Amazon within the United States, reducing its ties with the online retail giant that is already expanding its own delivery business. FedEx said Friday that it will not renew the contract for domestic FedEx Express handling of Amazon ...

U.S. hiring slows amid trade rifts, weaker global economy

WASHINGTON (AP) — U.S. hiring stumbled in May as employers added just 75,000 jobs, a sign that businesses have become more cautious in the face of weaker global growth, widening trade conflicts and perhaps some difficulty finding enough workers. Last month’s modest job gain followed a ...

US stock market notches best week since late November

Wall Street turned the page on a painful May in the stock market by notching its best week since late November. Stocks climbed for a fourth consecutive day Friday, capping a week of gains that reversed most of the losses in May, when President Donald Trump’s tariff threats escalated trade ...

Trade war clouds outlook as finance chiefs meet in Japan

FUKUOKA, Japan (AP) — Finance ministers and central bank governors meeting in Japan this weekend will try to make headway on longstanding issues such as how much global giants like Facebook and Amazon should pay in taxes. They’re likely to end up focusing a large share of their attention, ...

Business Briefs for June 3

National Organization of Medical Regulators elects Dr. Joseph Willett to board of directors Joseph Willett, DO, Avera Medical Group Marshall, Marshall, was elected to serve a three-year term on the board of directors of the Federation of State Medical Boards during the FSMB’s annual meeting ...