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Business

Bessent confirmed as US treasury secretary

WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize ...

Bink’s still quenching thirsts in UP after more than 120 years

ESCANABA — Two current local businesses could be brought to mind by the words: “When you thirst for drinks, think Bink’s.” It’s been more than 120 years since Nicholas A. Bink founded a company that would become a legacy for his family and the city of Escanaba. While the ...

Purdue Pharma settles lawsuits

Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription painkiller, the attorneys general from several states announced Thursday. The deal, agreed to by ...