Biden waives ethanol rule to lower gas prices | national politics

By WILL WEISSERT, JOSH BOAK and MATTHEW DALY – Associated Press MENLO, Iowa (AP) — With inflation at a 40-year high, President Joe Biden took a modest step into corn-rich Iowa on Tuesday to cut gas prices by about a cent per gallon at a limited number of stations lower regulations restricting the blending of … Read more

Could semi-retirement be your ticket to delaying Social Security? | personal finance

(Maurie Backmann) You’ll often hear that it’s a good idea to delay your Social Security filing if you can. The reason? Once you reach Full Retirement Age (FRA), you are entitled to your full monthly pension based on your personal income history. That age is either 66, 67, or somewhere in between, depending on the … Read more

Japan’s Honda Outlines Strategy to Push Electric Vehicles | lifestyles

By YURI KAGEYAMA – AP Business Writer TOKYO (AP) — Honda will invest 5 trillion yen ($40 billion) in research over the next decade, particularly to realize a large-scale shift to green electric vehicles, the Japanese automaker said Tuesday. Products and services at the plants will account for more than half of the 8 trillion … Read more

guilty plea as part of ongoing US probe into Caltrans bribery | national politics

SACRAMENTO, Calif. (AP) — A former contract manager at the California Transportation Agency pleaded guilty Monday in what federal prosecutors said was an ongoing investigation into a bid-fixing and bribery fraud involving multimillion-dollar contracts. Choon Foo “Keith” Yong agreed to cooperate in the investigation into what prosecutors said was a conspiracy to rig the bidding … Read more

Judge Says Montana Officials Illegally Approved Copper Mine | national politics

BILLS, Mont. (AP) — State environmental officials unlawfully permitted a large copper mine in central Montana despite fears mining waste would pollute a river popular with boaters, a state judge ruled. Officials with the Montana Department of Environmental Quality failed to conduct an adequate review of the proposed Black Butte mine north of White Sulfur … Read more

Once a retail giant, Kmart is on the brink of collapse after closing | lifestyles

By DAVID PORTER – Associated Press AVENEL, NJ (AP) — The familiar sights and sounds are still there: the scuffed and faded floor tiles, the unforgiving beige-on-beige color scheme, the toddlers’ clothes and refrigerators, and pretty much everything in between. There’s even a pre-recorded shot that starts with “Attention, Kmart shoppers” — except that it’s … Read more

Twitter says billionaire Musk won’t join its board, warns of ‘distractions ahead’ | local business

FILE – Elon Musk, CEO of Tesla and SpaceX, arrives on the red carpet for the Axel Springer Media Awards in Berlin, Germany, December 1, 2020. As Twitter’s newest board member and largest shareholder, Musk is already proposing changes he’d like to see on the social media platform. In a series of tweets late Saturday, … Read more

Elon Musk will no longer join Twitter’s board of directors | nation

AP SAN FRANCISCO (AP) – Tesla CEO Elon Musk will not join Twitter’s board of directors as previously announced. The stormy billionaire remains Twitter’s largest shareholder. Twitter CEO Parag Agrawal tweeted the news, which followed a weekend of Musk tweets suggesting possible changes to Twitter, including making the site ad-free. Almost 90% of Twitter’s 2021 … Read more