Category Archives: Economy

EXPLAINER: What are US options for sanctions against Putin?

WASHINGTON (AP) — The financial options being considered to punish President Vladimir Putin if Russia invades Ukraine range from the sweeping to the acutely personal — from cutting Russia off from U.S. dollars and international banking to slapping sanc...

Delay in creating new cybersecurity board prompts concern

RICHMOND, Va. (AP) — It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and try to

Belarus hacktivists target railway in anti-Russia effort

A Belarusian hacktivist group says it has launched a limited cyberattack on the national railway company, aimed at impeding the movement of Russian troops and freight inside the Moscow-allied country. It said it encrypted some servers, databases and w...

FDA halts use of antibody drugs that don’t work vs. omicron

WASHINGTON (AP) — COVID-19 antibody drugs from Regeneron and Eli Lilly should no longer be used because they don't work against the omicron variant that now accounts for nearly all U.S. infections, U.S. health regulators said Monday.

Trucker convoy raises millions in funds as vaccine-hesitant supporters flock to cause

A group of truckers has garnered millions in fundraising dollars from droves of supporters as it drives across the country to protest vaccine mandates, despite the vast majority of big-riggers having been jabbed and one expert warning of ties to

Biden revives ‘clean energy’ program with $1B loan guarantee

WASHINGTON (AP) — The Biden administration has issued its first clean energy loan guarantee, reviving an Obama-era program that helped launch the country’s first utility-scale wind and solar farms a decade ago but has largely gone dormant in recent yea...

IRS launches website for claiming part 2 of child tax credit

WASHINGTON (AP) — The government launched a revamped website Monday — the first day of tax filing season — to help people who were eligible for the expanded tax credit under last year's pandemic relief bill claim the second half

DC, 3 states sue Google saying it invades users’ privacy

WASHINGTON (AP) — The District of Columbia and three states are suing Google for allegedly deceiving consumers and invading their privacy by making it nearly impossible for them to stop their location from being tracked.

Indigenous non-profit looks to acquire ownership of Trans Mountain Pipeline

CALGARY — A new Indigenous non-profit organization is seeking an ownership stake in the Trans Mountain Pipeline, saying its aim is to make sure communities along the pipeline's route receive its benefits directly. Nesika Services publicly launched Mond...

Health tech companies face too many challenges breaking into Canada: entrepreneurs

TORONTO — Chris Albinson is frustrated. The chief executive at Waterloo, Ont. innovation hub Communitech has spent much of the pandemic hearing about hospitals worried about dwindling inventories of COVID-19 tests, while companies less than 80 kilometr...

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