Category Archives: Business
Vancouver council will hike empty homes tax to 5 per cent of assessed value in 2023
Vancouver is raising the empty homes tax that is designed to ease vacancy rates in the city, from three per cent to five per cent of the property's value. The motion by Mayor Kennedy Stewart to hike the tax in 2023
FDA issues plan to ban menthol in cigarettes, cigars
WASHINGTON (AP) — The U.S. government on Thursday released its long-awaited plan to ban menthol cigarettes and flavored cigars, citing the toll on Black smokers and young people.
Yellen says more shocks likely to ‘challenge the economy’
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Thursday the global pandemic and Russia’s invasion of Ukraine highlight the possibility of big economic shocks in the future, adding that downturns are “likely to continue to challenge the economy....
Putin gas cutoff shakes up Europe at little cost to Kremlin
BRUSSELS (AP) — Cutting off natural gas to Poland and Bulgaria cost Russian President Vladimir Putin very little — but it is adding stress on European countries wrestling with how to reduce the energy imports feeding the Kremlin's war chest
Biden seeks $33B for Ukraine, signaling long-term commitment
WASHINGTON (AP) — President Joe Biden asked Congress on Thursday for $33 billion to bolster Ukraine's fight against Russia, signaling a burgeoning and long-haul American commitment as Moscow's invasion and the international tensions it has inflamed sho...
UK delays post-Brexit border checks until end of 2023
LONDON (AP) — Britain announced Thursday that it is postponing until the end of 2023 some checks on imports from the European Union that are required under post-Brexit trade rules, citing economic disruption caused by the war in Ukraine.
Live updates | Russia-Ukraine War
KYIV, Ukraine — Russia pounded targets from practically one end of Ukraine to the other Thursday, including Kyiv, bombarding the city while the head of the United Nations was visiting in the boldest attack on the capital since Moscow’s forces
In NYC, ads for jobs will have to say what they pay
NEW YORK (AP) — Help wanted. The job: putting one of the nation’s most far-reaching salary disclosure laws into practice. Location: New York City. Just four months
A political reckoning in Sri Lanka as debt crisis grows
COLOMBO, Sri Lanka (AP) — Sherry Fonseka joined millions in 2019 in electing President Gotabaya Rajapaksa, a military strategist whose brutal campaign helped end Sri Lanka’s 30-year civil war 10 years earlier.
A chilling Russian cyber aim in Ukraine: Digital dossiers
BOSTON (AP) — Russia's relentless digital assaults on Ukraine may have caused less damage than many anticipated. But most of its hacking is focused on a different goal that gets less attention but has chilling potential consequences: data collection.
