Category Archives: Business

N.L. budget forecasts $351-million deficit, drop in oil revenues

ST. JOHN'S, N.L. — Newfoundland and Labrador forecast a $351-million deficit in its budget tabled on Thursday, projecting a significant drop in oil royalties for the 2022-23 fiscal year at a time when oil prices are skyrocketing. Provincial net debt is...

Spain PM in Morocco to mend ties after Western Sahara shift

RABAT, Morocco (AP) — Spanish Prime Minister Pedro Sánchez traveled to Rabat on Thursday to meet with Moroccan King Mohammed VI seeking to mark the end of diplomatic tensions centered on Morocco’s disputed region of Western Sahara.

Live Updates | First Bushmaster vehicle is headed to Ukraine

CANBERRA, Australia — The first of 20 Bushmaster armored vehicles has left Australia for Ukraine, one week after Ukrainian President Volodymyr Zelenskyy specifically requested the Australian-manufactured four-wheel drives.

Congress votes to suspend Russia trade status, enact oil ban

WASHINGTON (AP) — Congress voted overwhelmingly Thursday to suspend normal trade relations with Russia and ban the importation of its oil, ratcheting up the U.S. response to Russia's invasion of Ukraine amid reports of atrocities.

Senate to vote on revoking Russia’s trade status, oil ban

WASHINGTON (AP) — The Senate will take up legislation Thursday to end normal trade relations with Russia and to ban the importation of its oil, Senate Majority Leader Chuck Schumer announced Wednesday.

Six-days-a-week mail delivery saved; Biden signs Postal bill

WASHINGTON (AP) — A sweeping overhaul of the U.S. Postal Service meant to shore up the popular but beleaguered agency's financial future and cement six-days-a-week mail delivery was signed into law Wednesday by President Joe Biden.

Feds try to avoid Australian pitfalls in online news bill

OTTAWA — The Canadian government says it has learned from Australia's experience when it comes to requiring online giants to pay news outlets to use their journalism, and has framed its bill to avoid the country's pitfalls. Heritage Minister Pablo

EXPLAINER: A look at West’s escalating sanctions on Russia

The United States and European allies are again escalating sanctions on Russia after the discovery of evidence that Russian troops executed civilians in a town near Kyiv.

EXPLAINER: Biden extends student loan freeze through August

The Biden administration on Wednesday announced that federal student loan payments will remain paused through Aug. 31, extending a freeze that began in 2020 but was set to end after this month. The action is meant to help millions of

Wind energy company kills 150 eagles in US, pleads guilty

BILLINGS, Mont. (AP) — A subsidiary of one of the largest U.S. providers of renewable energy pleaded guilty to criminal charges and was ordered to pay over $8 million in fines and restitution after at least 150 eagles were killed

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