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Founder and CEO Sean McClain poses next to a mural in a lab at Absci Corp., headquartered in Vancouver.

Vancouver biotechnology company Absci announces layoffs

August 10, 2022, 1:32pm Business

Local biotechnology company Absci’s founder and chief executive Sean McClain announced Tuesday that the company was laying off an undisclosed number of staff. Read story

Families of 4 killed in Alaska floatplane crash sue Holland America, alleging cruise company pressures excursion operators

August 10, 2022, 10:45am Business

The families of four tourists killed in an Alaskan floatplane crash last year have sued Holland America Line, alleging the Seattle-based cruise company pressures outside excursion operators to take unnecessary risks to meet cruise schedules and doesn't warn passengers of excursion dangers. Read story

FILE - A sign is displayed outside the Internal Revenue Service building on May 4, 2021, in Washington. Conservative politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. The Inflation Reduction Act, which awaits a House vote after passing in the Senate on Sunday, would increase the ranks of the IRS -- but it wouldn't create a mob of armed auditors looking to harass middle class taxpayers, as some Republicans are claiming.

AP FACT CHECK: GOP skews budget bill’s impact on IRS, taxes

August 10, 2022, 10:11am Business

Republican politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. Read story

FILE - Istvan Szekeres, engineer of the Hungarian Oil and Gas Company (MOL) checks the receiving area of the Druzhba oil pipeline in the country's largest oil refinery in Szazhalombata, south of Budapest, Hungary, Jan. 9, 2007. Several countries in Europe dependent on Russian energy suffered another blow with confirmation Tuesday, Aug. 9, 2022 that oil shipments have stopped through a critical pipeline. Russian state pipeline operator Transneft said it halted shipments through the southern branch of the Druzhba oil pipeline, which flows through Ukraine to the Czech Republic, Slovakia and Hungary.

Halted shipments of Russian oil resume to Slovakia

August 10, 2022, 8:38am Business

Oil shipments from Russia through a critical pipeline to several European countries should resume soon after a problem over payments for transit was resolved, Slovakia’s Economy Minister Richard Sulik said on Wednesday. Read story

Jada Riley sits in her car at night with her son Jayden Harris, 6, as she contemplates where she might spend the night, having had to move out of her apartment a few days before, Thursday, July 28, 2022, in New Orleans. "I've slept outside for a whole year before. It's very depressing, I'm not going to lie," said Riley, who often doesn't have enough money to buy gas or afford food every day.

Evictions spiking as assistance, protections disappear

August 10, 2022, 7:39am Business

Jada Riley thought she had beaten homelessness. Read story

NerdWallet: What Medicare Part A’s belly-up date means for you

August 10, 2022, 7:38am Business

At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its thumbs. Here’s… Read story