Category Archives: Business
Travel industry pressed regulator on flight refunds in early days of pandemic: emails
The relationship between Canada's airline watchdog and the travel industry is under scrutiny after the release of emails from the early days of the COVID-19 pandemic in which industry executives pressed regulators to back their position against issuing...
Feds name housing priorities, eye foreign buyers ban on non-recreational residences
Justin Trudeau has handed his housing minister a series of tasks — including some targeting foreign buyers — in an attempt to make home ownership a reality for more Canadians. In a mandate letter sent to Ahmed Hussen on Thursday, the
Court upholds Trump administration’s ban of gun bump stocks
NEW ORLEANS (AP) — A federal appeals court in New Orleans is the latest to uphold a federal ban on “bump stocks” — devices attached to semiautomatic firearms so that a shooter can fire multiple rounds with a single trigger
Biden’s highway safety pick vows to reduce US traffic deaths
WASHINGTON (AP) — President Joe Biden’s pick to run the nation’s highway safety agency pledged Thursday to attack a crisis of fatal car crashes by implementing safety rules to deter impaired driving while scrutinizing fast-emerging automated technologi...
France to restrict travel from Britain to fight omicron
PARIS (AP) — France will sharply restrict travel to and from Britain because of fast-spreading cases of the omicron coronavirus variant, putting limits on reasons for traveling and requiring 48-hour isolation upon arrival, the government said Thursday...
Germany getting more vaccines for ‘offensive’ booster drive
BERLIN (AP) — Germany is scrambling to procure more vaccines to fuel what the new health minister on Thursday called a “very offensive" and fast booster strategy that would leave the country better prepared for the onslaught of the new
Desjardins settles 2019 data breach class-action lawsuit for up to nearly $201M
MONTREAL — Financial services firm Desjardins Group will pay up to nearly $201 million to settle a class-action lawsuit related to a data breach in 2019 that affected nearly 9.7 million Canadians. The agreement, which is subject to approval by the
Biden signs bill hiking US borrowing limit by $2.5 trillion
WASHINGTON (AP) — President Joe Biden on Thursday signed a bill raising the nation's borrowing limit by $2.5 trillion, avoiding a potentially catastrophic default and resolving the turbulent issue until after the 2022 midterm elections.
Jittery Ukrainian villagers ‘fear that a big war will start’
NEVELSKE, Ukraine (AP) — Liudmyla Momot wipes away tears as she searches for clothes and household items to salvage from the ruins of her home that was shelled by Russia-backed separatists in eastern Ukraine.
UK raises interest rates as central banks focus on inflation
LONDON (AP) — The United Kingdom's central bank on Thursday became the first in a major advanced economy to raise interest rates since the coronavirus pandemic began, as banks controlling monetary policy around the globe shift their focus from stimulat...
