Category Archives: Business
Big new California reservoir on track for $2.2B federal loan
SACRAMENTO, Calif. (AP) — A long-delayed plan to build a giant reservoir in Northern California to help withstand the U.S. West’s notorious droughts got a huge financial boost on Thursday when the federal government signaled its intent to loan the
Major UK ferry operator fires 800 crew, disrupting service
LONDON (AP) — A ferry operator owned by the government of Dubai sparked a furious response from workers and criticism from British authorities Thursday after firing 800 U.K.-based crew members without notice amid plans to replace them with cheaper staf...
Kansas impasse shows green energy opposition has lost steam
TOPEKA, Kan. (AP) — Efforts to propel Kansas' renewable energy future are at a standstill, mired in legislative stalemate. At its center is a former TV weather personality who is using his chairmanship of a key committee to promote questionable
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine
WASHINGTON (AP) — President Joe Biden set out to finally complete the “pivot to Asia,” a long-sought adjustment of U.S. foreign policy to better reflect the rise of America’s most significant military and economic competitor: China.
War in Ukraine will take global economic toll, group warns
Russia's war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organization for Economic Cooperation and Development warned Thursday.
Under headline jobs figures, report finds pockets of weakness in rebound for women
OTTAWA — The historically high number of women in the country's labour force is still below where it might have been if COVID-19 had never occurred, says a new report highlighting areas of concern for policymakers. The report from the Labour
Live updates: Zelenskyy mum on specifics of new US aid
LVIV, Ukraine -- Ukrainian President Volodymyr Zelenskyy said he was thankful to U.S. President Joe Biden for the additional military aid but said he would not say specifically what the new package included because he didn't want to tip off
US expels another Chinese phone carrier on security grounds
BEIJING (AP) — Washington has expelled another state-owned Chinese phone carrier from the U.S. market over national security concerns amid rising tension with Beijing. The Federal Communications
Canadian Pacific Railway issues 72-hour lockout notice on Teamsters Canada
CALGARY — Close to 3,000 employees of Canadian Pacific Railway Ltd. could be off the job early Sunday morning. Calgary-based CP Rail said in a release Wednesday that it has issued 72-hour notice to the Teamsters Canada Rail Conference of its
Powell and 3 other nominees to Fed posts clear Senate panel
WASHINGTON (AP) — The Senate Banking Committee approved Jerome Powell's nomination to a second four-year term as chair of the Federal Reserve Wednesday, just hours after the central bank began what will be a difficult effort to combat inflation.
