Government And Institutions

The European Union's competition watchdog has accepted Britain's bid to heavily subsidize the construction and operation of a new 16-billion pound ($26 billion) nuclear power plant.

Timothy Geithner, a key player in the U.S. government's 2008 bailout of American International Group Inc., on Tuesday affirmed in court his belief that the insurer's rescue was needed to avert disaster for the financial system.

Former Treasury Secretary Henry Paulson says that the 2008 government bailout of American International Group Inc. was specifically designed to punish the insurance giant.

Greece's finance ministry says the economy is on track to emerge from a six-year recession this year and grow by 2.9 percent in 2015, though unemployment in the bailed-out country is likely to remain high.

It could be an awkward reunion.

General Dynamics has landed a $5.76 billion contract to make armored vehicles for Britain.

U.S. Agriculture Secretary Tom Vilsack says dairy farmers can begin signing up Sept. 2 for a new program that replaces old subsidies.

Britain's government says it will pay some 224 million pounds ($373 million) to defense firm Raytheon Systems Ltd. for unlawfully ending a contract for a program meant to collect information in advance about passengers traveling to and from Britain.

Hoping to keep film production in California, lawmakers have moved to quadruple tax subsidies for location shoots.

Scientists are racing to begin the first human safety tests of two experimental Ebola vaccines, but it won't be easy to prove that the shots and other potential treatments in the pipeline really work.

Credit Agricole's second-quarter profit was nearly cut in half as the French bank became the first major foreign shareholder to report its loss in Portugal's biggest banking scandal.

Asian stock markets were mostly higher Monday after a sixth month of healthy employment growth in the U.S. but gains were tempered by jitters over Argentina's debt default and a Portuguese bank bailout.

Montana's U.S. House candidates claim to offer "all-of-the-above" solutions to the nation's energy problems — a familiar mantra among politicians keen to give equal attention to fossil fuels and renewables such as wind and solar.

The government has reached its annual goal of giving small businesses 23 percent of contracts for the first time in eight years.

The Canadian owner of a company that won nearly $1 billion in contracts to provide steel for the construction of the World Trade Center's tallest building and an adjacent transit center has been arrested on fraud charges.

Federal investigators looking for fraud in the nation's capital are scrutinizing a program meant to give local contractors a share of major construction projects, people familiar with the probe have told The Associated Press.

Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law.

___ Across US job market, layoffs are becoming rare WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.

Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.

Congressional investigators using fake identities were able to obtain taxpayer-subsidized health insurance under President Barack Obama's law, according to testimony to be delivered Wednesday.