Category Archives: Business
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.
Lake Powell hits historic low, raising hydropower concerns
SALT LAKE CITY (AP) — A massive reservoir known as a boating mecca dipped below a critical threshold on Tuesday raising new concerns about a source of power that millions of people in the U.S. West rely on for electricity.
EXPLAINER: What would a Russian bond default mean?
Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions of dollars owed to foreigners. That prospect recalls memories of a 1998 default by Moscow that helped fuel financial disrupti...
UK easing COVID-19 testing, monitoring despite case uptick
LONDON (AP) — After dropping nearly all coronavirus restrictions last month, Britain is now ending some of its most widespread COVID-19 testing and monitoring programs, a move some scientists fear will complicate efforts to track the virus and detect
Annual inflation rate hit 5.7% in February amid broad-based price increases
OTTAWA — The cost of living jumped in February at a rate not seen in over 30 years on the back of rising prices for gasoline and groceries, which economists warn are set to become more expensive and push inflation
CRA looked to resume collection efforts in full ahead of tax season, documents show
OTTAWA — The federal minister in charge of the Canada Revenue Agency was told after the election that the agency planned to go full speed on collecting debts just in time for tax season. The briefing documents to Revenue Minister Diane
Live updates: Ukraine, Russia continue talks over video
LVIV, Ukraine -- Ukrainian and Russian delegations held talks again Wednesday by video. Ukrainian President Volodymyr Zelenskyy's adviser Mikhailo Podolyak said Ukraine demanded a cease-fire, the withdrawal
Pandemic preparedness bill moves ahead; funding still needed
WASHINGTON (AP) — A Senate committee has approved a bipartisan blueprint to overhaul the nation’s public health system, applying the lessons of COVID-19 to future outbreaks through a new chain of command, a stronger medical supply chain, and clearer cr...
