Category Archives: Business
Ban on lobster fishing to save whales is back, court rules
PORTLAND, Maine (AP) — A U.S. appeals court has reinstated a ban on lobster harvesting in hundreds of miles of productive fishing waters off the Maine coast to try to protect rare whales.
US offers investment to boost global COVID vaccine capacity
WASHINGTON (AP) — Pressed to address gaping inequality in global COVID-19 vaccines, the Biden administration took steps Wednesday to make billions of dollars available to drugmakers to scale up domestic production to share with the world and prepare fo...
Annual inflation rate rises to 4.7 per cent in October, Statistics Canada says
OTTAWA — Rising prices at the pumps and in grocery stores helped send inflation rates to a new pandemic-era high last month, as the consumer price index posted its largest year-over-year gain in 18 years. Statistics Canada said Wednesday the annual
Biden pushes electric vehicle chargers as energy costs spike
DETROIT (AP) — President Joe Biden punched the accelerator on a battery-powered Hummer on Wednesday, causing the wheels to squeal and the truck to jet forward as he tried in his own way to drive the country toward an electric
Canada, South Asian bloc to begin free-trade talks in effort to diversify from China
OTTAWA — Canada is launching free-trade talks with a major group of southeast Asian countries as it seeks to diversify from China and find new ways of coping with a snarled global supply chain. International Trade Minister Mary Ng announced the
Australia aims to protect, promote critical technologies
CANBERRA, Australia (AP) — Australian Prime Minister Scott Morrison on Wednesday announced a new plan to protect and promote technologies critical to the national interest, in a challenge to China’s emerging dominance in key strategic fields.
China, US to ease restrictions on each other’s journalists
BEIJING (AP) — China and the U.S. have agreed to ease restrictions on each other's journalists amid a slight relaxation of tensions between the two sides.
Biden plan to run LA port 24/7 to break backlog falls short
LOS ANGELES (AP) — President Joe Biden announced a deal last month to establish around-the-clock operations at the Port of Los Angeles, the nation's largest, to break an unprecedented container ship traffic jam blamed for driving up consumer prices.
Biden choice for Justice antitrust post wins Senate approval
WASHINGTON (AP) — President Joe Biden’s choice to lead enforcement of competition laws at the Justice Department has won Senate approval as his administration pursues action against outsized market power it has condemned in several industries, includin...
Yellen extends to Dec. 15 date for potential debt default
WASHINGTON (AP) — Treasury Secretary Janet Yellen told Congress Tuesday that she believed she would run out of maneuvering room to avoid the nation's first-ever default soon after Dec. 15.
