Category Archives: Business

Atlantic premiers meet to discuss clean energy loop, COVID-19 management

HALIFAX — Nova Scotia Premier Tim Houston says he and his Atlantic counterparts heard encouraging statements from Ottawa on Tuesday about the importance of the proposed Atlantic Loop clean energy project, but no firm financial commitment.  The estimate...

EU seeks to streamline cross-border travel during pandemic

BRUSSELS (AP) — The European Union is seeking to streamline the sometimes chaotic travel between its member states during the pandemic by relying more clearly on a person's vaccine or infection status rather than where a traveler came from.

MSC Group, Lufthansa partner in bid for Italy’s ITA Airways

MILAN (AP) — The parent group of MSC Cruises is partnering with Lufthansa in a bid for a majority stake in Italy’s ITA Airways, the company created from the ashes of former Italian flagship airline Alitalia.

GoFundMe withholding $4.7 million from trucker convoy until plan presented

GoFundMe has frozen access to the more than $4.7 million in funds raised by the trucker convoy now wending its way across the country toward Ottawa in a protest against vaccine mandates. "We require that fundraisers be transparent about the flow

GM to spend nearly $7B on EV, battery plants in Michigan

LANSING, Mich. (AP) — General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a

EXPLAINER: What post-unrest reforms is Kazakhstan proposing?

MOSCOW (AP) — Kazakhstan's leader has trumpeted ambitious economic reforms following the worst unrest in the country of 19 million in three decades. The measures are aimed at reducing the state’s deep involvement in the economy, bridging the gap betwee...

EXPLAINER: What are US options for sanctions against Putin?

WASHINGTON (AP) — The financial options being considered to punish President Vladimir Putin if Russia invades Ukraine range from the sweeping to the acutely personal — from cutting Russia off from U.S. dollars and international banking to slapping sanc...

Delay in creating new cybersecurity board prompts concern

RICHMOND, Va. (AP) — It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and try to

Belarus hacktivists target railway in anti-Russia effort

A Belarusian hacktivist group says it has launched a limited cyberattack on the national railway company, aimed at impeding the movement of Russian troops and freight inside the Moscow-allied country. It said it encrypted some servers, databases and w...

FDA halts use of antibody drugs that don’t work vs. omicron

WASHINGTON (AP) — COVID-19 antibody drugs from Regeneron and Eli Lilly should no longer be used because they don't work against the omicron variant that now accounts for nearly all U.S. infections, U.S. health regulators said Monday.

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