Category Archives: Economy

Court largely upholds North Dakota law regulating PBMs

BISMARCK, N.D. (AP) — A federal appeals court has largely upheld a North Dakota law aimed at regulating companies that are hired to hold down prescription costs for insurers and employers.

NOT REAL NEWS: A look at what didn’t happen this week

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the

A ‘one-way door’: Ottawa goes slow on easing testing rule for Canada-U.S. travellers

WASHINGTON — Ottawa is effectively installing "one-way" signs along the road to the Canada-U.S. border, critics complained Friday as the federal government promised to stop requiring costly COVID-19 tests to enter the country — but only for Canadian ci...

Proposed Nova Scotia spaceport announces payload client for initial launch

HALIFAX — The company behind the push to build Canada's first commercial spaceport, to be located on the tip of northeastern Nova Scotia, announced on Friday the first payload client for its initial rocket launch, which it expects near the

Expenses of N.S. kids hospital ex-CEO vanished from public record, court told

HALIFAX — The director of finance at a Halifax children's hospital told a fraud trial Friday she was surprised when a major part of the former CEO's expenses had vanished from a publicly disclosed report. Mary Lynn Van Tassel testified in

Two Democratic senators oppose Powell as Fed chair

WASHINGTON (AP) — Two Democratic senators said Friday that they oppose the nomination of Jerome Powell to a second term as chair of the Federal Reserve, saying Powell has been insufficiently committed to fighting climate change, an issue that the

What’s inside Biden’s $2T social and climate measure

WASHINGTON (AP) — President Joe Biden's roughly $2 trillion plan to boost social and education programs as well as protect against global warming has passed the House, pushing it one step closer to law.

Air Canada withdraws from federal government aid deal as position improves

MONTREAL — Air Canada is withdrawing from further federal relief after borrowing more than $1 billion to pay back customers whose flights were cancelled during the COVID-19 pandemic, the company said Friday. Though Ottawa retains an equity stake in the...

Biden mulls reversing Trump rules on western grouse species

BILLINGS, Mont. (AP) — The Biden administration on Friday said it will consider new measures to protect greater sage grouse, a bird species once found across much of the U.S. West that has suffered drastic declines in recent decades due

EU awaits counterproposals from UK in Brexit standoff

BRUSSELS (AP) — Another week of Brexit negotiations still left the European Union awaiting a firm counterproposal from the United Kingdom on Friday to ease a standoff over how to deal with the country's departure from the bloc.

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