Category Archives: Business
CRTC to get new chair as role of broadcast regulator expands
OTTAWA — The Canadian Radio-television and Telecommunications Commission chair is to be replaced within months and Canadian Heritage is already accepting applications for the $328,000-a-year role. Ian Scott and his broadcasting vice-chair, Caroline Si...
California nixes plant, but says open to desalination
HUNTINGTON BEACH, Calif. (AP) — California officials have nixed a proposal for a $1.4 billion desalination plant but say they're open to growing the state's capacity to turn Pacific Ocean seawater into drinking water to buffer against persistent drough...
Idaho announces $119 million opioid crisis settlement
BOISE, Idaho (AP) — Idaho officials on Friday announced a $119 million settlement with drugmaker Johnson & Johnson and three major distributors over their role in the opioid addiction crisis.
Tax cut for California pot industry: Too little, too late?
LOS ANGELES (AP) — California's governor on Friday proposed a temporary tax cut for the state's struggling legal marijuana industry, but businesses said it falls far short of what’s needed to revive a foundering pot economy.
New York AG lawyer: Evidence could support action vs. Trump
NEW YORK (AP) — As a federal judge weighs Donald Trump’s lawsuit seeking to halt a civil investigation into his business practices, a lawyer for the New York attorney general’s office said Friday that evidence found throughout the three-year probe
Spain, Portugal sign off on plans to temper energy prices
MADRID (AP) — Spain and Portugal on Friday signed off on a temporary cap on natural gas prices, in a coordinated move described by Portugal’s environment minister as an “unprecedented” bid to temper soaring energy prices and inflation.
Croatia passes law paving way for euro currency introduction
ZAGREB, Croatia (AP) — Croatian lawmakers on Friday approved a law that paves the way for the introduction of the euro currency next year. Croatia is due
Russian pipeline sanctions raise fears of gas interruption
BERLIN (AP) — Natural gas prices rose Friday after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies. The move doesn't
Unionists block new N Ireland govt over Brexit trade rules
LONDON (AP) — Northern Ireland’s second-biggest political party on Friday blocked the formation of a working legislature in Belfast, and said it would keep up the boycott until the U.K. government tears up post-Brexit trade rules it accuses of destabil...
Biden administration to release $45B for nationwide internet
WASHINGTON (AP) — The Biden administration is taking the first steps to release $45 billion to ensure that every U.S. resident has access to high-speed internet by roughly 2028, inviting governors and other leaders on Friday to start the application
