AP: Catholic Church lobbied for taxpayer funds, got $1.4B
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AP: Catholic Church lobbied for taxpayer funds, got $1.4B

Via AP Business NEW YORK (AP) — The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid, with many millions going to dioceses that have paid huge settlements or sought bankruptcy protection because of clergy sexual abuse cover-ups. The church’s haul...

US economy may be stalling out as viral outbreak worsens
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US economy may be stalling out as viral outbreak worsens

Via AP Business WASHINGTON (AP) — The U.S. economy is stumbling as the viral outbreak intensifies, threatening to slow hiring and deepening the uncertainty for employees, consumers and companies across the country. Coronavirus case counts are rising in 38 states, and the nation as a whole has been shattering single-day records for new confirmed cases....

Facebook civil rights audit: ‘Serious setbacks’ mar progress
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Facebook civil rights audit: ‘Serious setbacks’ mar progress

Via AP Business A two-year audit of Facebook’s civil rights record found “serious setbacks” that have marred the social network’s progress on matters such as hate speech, misinformation and bias. Facebook hired the audit’s leader, former American Civil Liberties Union executive Laura Murphy, in May 2018 to assess its performance on vital social issues. Its...

Small business program scrutinized for loans to big firms
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Small business program scrutinized for loans to big firms

Via AP Business NEW YORK (AP) — Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line. Yet that’s not exactly how it worked out. Among the 650,000 companies on...

Small business aid went beyond hard-hit companies, data show
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Small business aid went beyond hard-hit companies, data show

Via AP Business WASHINGTON (AP) — The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money from a program that likely helped prevent the job market meltdown from growing worse but that also benefited some politically connected firms. Recipients covered a broad swath of industries, with some that were...

Gig workers face shifting roles, competition in pandemic
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Gig workers face shifting roles, competition in pandemic

Via AP Business NEW YORK (AP) — There were the two-hour, unpaid waits outside supermarkets when San Francisco first started to lock down, on top of the heavy shopping bags that had to be lugged up countless flights of stairs. And yet even after signing up for several apps, 39-year-old Saori Okawa still wasn’t making...

Across Sun Belt, hopes for economy give way to renewed fears
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Across Sun Belt, hopes for economy give way to renewed fears

Via AP Business ST. PETERSBURG, Fla. (AP) — At the beginning of March, Joey Conicella and Alex Marin were riding high. Their new Orlando restaurant, Hungry Pants, had drawn rave reviews. With revenue rising, they planned to hire more servers. Sunday brunch service was coming soon. That was just before the coronavirus struck suddenly, forcing...

`Huge bummer’: July Fourth will test Americans’ discipline
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`Huge bummer’: July Fourth will test Americans’ discipline

Via AP Business The U.S. headed into the Fourth of July weekend with many parades and fireworks displays canceled, beaches and bars closed, and health authorities warning that this will be a crucial test of Americans’ self-control that could determine the trajectory of the surging coronavirus outbreak. With confirmed cases climbing in 40 states, governors...

US unemployment falls to 11%, but new shutdowns are underway
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US unemployment falls to 11%, but new shutdowns are underway

Via AP Business WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the jobless rate was...

Report: Boeing fell short in disclosing key changes to Max
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Report: Boeing fell short in disclosing key changes to Max

Via AP Business A government report says Boeing did not give regulators documents about changes it made in a key system blamed in two deadly crashes of its 737 Max jet, and that officials responsible for approving the plane did not know how powerfully the system could push the plane’s nose down. Government personnel involved...

How risky is flying during the coronavirus pandemic?
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How risky is flying during the coronavirus pandemic?

Via AP Business How risky is flying during the coronavirus pandemic? Flying can increase your risk of exposure to infection, but airlines are taking some precautions and you can too. Air travel means spending time in security lines and airport terminals, which puts you into close contact with other people. As travel slowly recovers, planes...

Flight testing for Boeing’s 737 Max could begin Monday
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Flight testing for Boeing’s 737 Max could begin Monday

Via AP Business Flight-certification testing for Boeing’s 737 Max, which has been grounded since March 2019 because of two deadly crashes, could begin as early as Monday, according to an Federal Aviation Administration email sent Sunday to congressional oversight committees. The company needs clearance from the FAA before the planes can fly again, and the...

Summer may decide fate of leading shots in vaccine race
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Summer may decide fate of leading shots in vaccine race

Via AP Business People on six continents already are getting jabs in the arm as the race for a COVID-19 vaccine enters a defining summer, with even bigger studies poised to prove if any shot really works — and maybe offer a reality check. Already British and Chinese researchers are chasing the coronavirus beyond their...

Facebook to label all rule-breaking posts – even Trump’s
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Facebook to label all rule-breaking posts – even Trump’s

Via AP Business OAKLAND, Calif. (AP) — Facebook said Friday that it will flag all “newsworthy” posts from politicians that break its rules, including those from President Donald Trump. Separately, Facebook’s stock dropped more than 8%, erasing roughly $50 billion from its market valuation, after the European company behind brands such as Ben & Jerry’s...

US consumer spending up 8.2%, partly erasing record plunge
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US consumer spending up 8.2%, partly erasing record plunge

Via AP Business WASHINGTON (AP) — American consumers increased their spending by a sharp 8.2% in May, partly erasing record plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter. Last month’s rebound in consumer spending followed spending drops of 6.6% in March...

GRAMMY Museum® Selects Students and Announces Kat Cunning, Moon Taxi, OK Go, Tim Lopez and Tom Higgenson From Plain White T’s, and Bryce Vine as Guest Artists for 2020 Virtual GRAMMY Camp®
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GRAMMY Museum® Selects Students and Announces Kat Cunning, Moon Taxi, OK Go, Tim Lopez and Tom Higgenson From Plain White T’s, and Bryce Vine as Guest Artists for 2020 Virtual GRAMMY Camp®

Via AP Business LOS ANGELES–(BUSINESS WIRE)–Jun 11, 2020– The GRAMMY Museum® announced today that 84 talented high school students from 63 U.S. cities across 19 states have been selected as participants in the 16th annual GRAMMY Camp ® program. Kat Cunning, Moon Taxi, OK Go, Tim Lopez and Tom Higgenson from Plain White T’s, and...

Detroit police challenged over face recognition flaws, bias
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Detroit police challenged over face recognition flaws, bias

Via AP Business A Black man who says he was unjustly arrested because facial recognition technology mistakenly identified him as a suspected shoplifter is calling for a public apology from Detroit police. And for the department to abandon its use of the controversial technology. The complaint by Robert Williams is a rare challenge from someone...

Ex-CEO of Wirecard arrested in case over missing billions
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Ex-CEO of Wirecard arrested in case over missing billions

Via AP Business BERLIN (AP) — The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company’s balance sheet in an accounting scandal that centers on a missing sum of 1.9 billion euros ($2.1 billion), prosecutors in Munich said Tuesday. Markus Braun resigned on Friday after the company said...

Watchdogs: Treasury too secretive on small business loans
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Watchdogs: Treasury too secretive on small business loans

Via AP Business NEW YORK (AP) — The Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program. But government watchdogs say even more transparency is needed to get an accurate picture of who was helped, and who was...

Spain opens border to tourists; Trump wants less testing
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Spain opens border to tourists; Trump wants less testing

Via AP Business BARCELONA, Spain (AP) — Spain reopened its borders to European tourists Sunday in a bid to kickstart its economy while Brazil and South Africa struggled with rising coronavirus infections. At a campaign rally, President Donald Trump said he told the U.S. government to reduce testing for the virus, apparently to avoid unflattering...