Category Archives: Economy
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...
EU leaders seek ways to give support amid high energy prices
VERSAILLES, France (AP) — European Union leaders on Friday agreed to phase out dependency on Russian gas, oil and coal imports “as soon as possible” and decided to draw up a plan soon to support the continent's economies as they
Google, Meta face EU, UK probes into ad bidding agreement
BRUSSELS (AP) — British and European regulators threatened to crack down on Google and Facebook parent Meta over an agreement for online display advertising services, saying Friday that the deal may breach rules on fair competition.
Economy adds 337,000 jobs in February, unemployment rate falls to pre-pandemic level
OTTAWA — Canada's labour market showed signs last month of finally shaking off the shock COVID-19 delivered two years ago, with the share of workers with a job and the unemployment rate besting levels seen just prior to the pandemic. A
Live updates: Ukraine says shelling damaged cancer hospital
The latest developments on the Russia-Ukraine war: LVIV, Ukraine — Ukrainian officials accused Russia damaging a cancer hospital and several residential buildings in the southern city of
Facing Purdue owners brings pain, closure for opioid victims
NEW YORK (AP) — Kara Trainor composed herself, looked into a camera and began to speak to the drugmakers she holds responsible for two decades of suffering that has extended from her to a son born dependent on opioids.
US slashes Russia trade status, bans its alcohol and seafood
WASHINGTON (AP) — President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.
