Category Archives: Economy

Democrats say Spirit-Frontier merger could boost airfares

WASHINGTON (AP) — Several congressional Democrats are warning that the proposed combination of Frontier Airlines and Spirit Airlines would reduce competition among low-cost carriers and drive up fares during a time of inflation.

Democrats say Spirit-Frontier merger could boost airfares

WASHINGTON (AP) — Several congressional Democrats are warning that the proposed combination of Frontier Airlines and Spirit Airlines would reduce competition among low-cost carriers and drive up fares during a time of inflation.

EXPLAINER: Russia is not a ‘most favored nation.’ What now?

WASHINGTON (AP) — With Congress voting to suspend normal trade relations with Russia and ban the importation of its oil, President Joe Biden's action to tighten the U.S. squeeze on Russia's economy now can intensify.

EPA plan would limit downwind pollution from power plants

WASHINGTON (AP) — The Environmental Protection Agency is proposing a plan that would restrict smokestack emissions from power plants and other industrial sources that burden downwind areas with smog-causing pollution they can’t control.

Albania: 3rd day of protests over price hikes blamed on war

TIRANA, Albania (AP) — Demonstrators marched through Albania's capital, Tirana, Friday and tried to block streets in other cities, in a third day of protests against recent price hikes that authorities blame on the war in Ukraine.

‘Nothing is taboo’: EU mulling new sanctions against Russia

VERSAILLES, France (AP) — European Union leaders said Friday they will continue applying pressure on Russia by devising a new set of “massive” sanctions to punish Moscow for its invasion of Ukraine while stepping up military support for Kyiv.

Hacked US companies to face new reporting requirements

WASHINGTON (AP) — Companies critical to U.S. national interests will now have to report when they're hacked or they pay ransomware, according to new rules approved by Congress.

Amid energy crisis, Ottawa urges Michigan to end crusade against Line 5 pipeline

WASHINGTON — The federal government is urging the state of Michigan to abandon efforts to shut down the controversial Line 5 cross-border pipeline.  Natural Resources Minister Jonathan Wilkinson says the ban on energy imports from Russia means Canada a...

New York is urged to pay public’s ballooning utility debt

ALBANY, N.Y. (AP) — At least 1.4 million households and other residential customers in New York are behind on electric and natural gas bills — a number that soared during the pandemic — and consumer advocates are calling on the

India and Canada agree to relaunch trade talks, seek ‘early progress’ agreement

International Trade Minister Mary Ng says Canada and India have agreed to resume long-standing efforts toward a comprehensive trade deal. Following meetings in New Delhi with her Indian counterpart, Shri Piyush Goyal, Ng says the two countries will pu...

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