Category Archives: Economy
What opioid victims told Sacklers when they got the chance
A virtual hearing Thursday in U.S. Bankruptcy Court gave survivors of opioid addiction and people who lost loved ones to the crisis what they have long desired — the chance to confront members of the family behind OxyContin maker Purdue
Budget office says federal spending on health care going up faster than planned
OTTAWA — Federal spending on health care and elderly benefits are set to rise at a faster clip over the next 12 months than previously planned under forecasts the parliamentary budget officer warns don't account for looming budget promises. Health tran...
McCain Foods suspends shipments to Russia, ends production facility project
TORONTO — McCain Foods is ending a project to build a production facility in Russia and suspending shipments of its products to the country because of the country's invasion of Ukraine. The Canadian company says it stopped construction at the Russian
US extends mask rule for travel while weighing new approach
WASHINGTON (AP) — Federal officials are extending the requirement for masks on planes and public transportation for one more month — through mid-April — while taking steps that could lead to lifting the rule.
US colleges cut partnerships, financial ties with Russia
Colleges across the U.S. are pulling students from study abroad programs in Russia, ending research partnerships and cutting financial ties as part of a global wave of condemnation over the invasion of Ukraine.
Gas price hikes fueling electric vehicle conspiracy theories
WASHINGTON (AP) — Some social media users suggest that soaring fuel prices in the U.S. aren’t the result of Russia's invasion of Ukraine, increased consumption or supply chain issues as daily life resumes after two years of stagnation brought on
Russia built an economy like a fortress but the pain is real
Western sanctions are dealing a severe blow to Russia's economy. The ruble is plunging, foreign businesses are fleeing and sharply higher prices are in the offing. Familiar products may disappear from stores, and middle-class achievements like foreign ...
Experts: How to impose internet sanctions on Russia
BOSTON (AP) — Ukraine’s attempt to get Russia kicked off the internet failed, but a diverse group of experts proposes a more narrow approach to sanctioning the Kremlin for invading its neighbor: Consider creating a mechanism that could technically blac...
Premier says N.L. oil can replace Russian oil, but experts warn it’s not that easy
ST. JOHN'S, N.L. — Newfoundland and Labrador Premier Andrew Furey says oil from his province could help countries transition away from Russian fossil fuels, but experts warn it's not that simple. Though there may be immediate demand, there's no way to
EU united on Ukraine, but won’t offer fast-track membership
VERSAILLES, France (AP) — European Union leaders meeting in France on Thursday ruled out fulfilling Ukraine’s demand for a fast-track integration with the bloc, as they discussed ways to help the country that's been invaded by Russia.
