Category Archives: Business
CAE profit soars in Q4 as revenues increase 25% excluding ventilators last year
MONTREAL — CAE Inc. says its net profit attributable to shareholders soared last quarter as revenues increased even excluding ventilators sold to the Canadian government last year for people suffering from COVID-19. The Montreal-based flight and health...
Supreme Court blocks Texas law on social media censorship
WASHINGTON (AP) — A divided Supreme Court has blocked a Texas law, championed by conservatives, that aimed to keep social media platforms like Facebook and Twitter from censoring users based on their viewpoints.
Language to keep NC hemp industry going approved by Senate
RALEIGH, N.C. (AP) — North Carolina's hemp industry would become permanently exempt from the state's controlled substances law in omnibus agricultural legislation approved unanimously by the Senate on Tuesday.
Appeals court upholds dismissal of US election fraud case
DENVER (AP) — A Denver-based federal appeals court has agreed with a lower court's dismissal of a lawsuit that claimed the 2020 presidential election was stolen from President Donald Trump and had been rigged by Dominion Voting Systems, Facebook (now
Feds not doing enough to make sure hard-to-reach groups access benefits: auditor
OTTAWA — The government is still struggling to get key supports like the Canada Child Benefit into the hands of hard-to-reach groups like those living on First Nations, and isn’t doing enough to make sure the money goes where it’s
Government failing disabled veterans with delays, long wait times: auditor general
OTTAWA — The federal government is failing to keep its promise to care for veterans, Canada’s auditor general declared on Tuesday as she called for a real plan to ensure ill and injured ex-soldiers aren’t forced to wait months, or
Hungary’s Orban wins exemption in EU Russian oil embargo
BUDAPEST, Hungary (AP) — Hungary's divisive leader has once again got his own way with the European Union — this time in tough negotiations on Russian oil at a summit in Brussels.
Sievierodonetsk mayor says Russian forces seize half of city
SLOVIANSK, Ukraine (AP) — Russian forces in a “frenzied push” have seized half of Sievierodonetsk, the eastern Ukrainian city that is key to Moscow’s efforts to complete the capture of the industrial Donbas region, the mayor said Tuesday.
Eurozone inflation hits record 8.1% amid rising energy costs
LONDON (AP) — Eurozone inflation hit a record 8.1% in May amid surging energy and food costs fueled in part by Russia's war in Ukraine. Annual inflation
High prices, Asian markets could blunt EU ban on Russian oil
BRUSSELS (AP) — The European Union’s groundbreaking decision to ban nearly all oil from Russia to punish the country for its invasion of Ukraine is a blow to Moscow’s economy, but its effects may be blunted by rising energy prices