Category Archives: Economy

Ford promises ‘huge’ investment in Windsor, Ont., auto plant after shift cuts

TECUMSEH, Ont. — Ontario Premier Doug Ford says the province and federal governments will be making a "huge" investment in a Windsor, Ont., auto assembly plant to help ramp up production after the company announced a shift cut. Stellantis, formerly kno...

Costs add up for Alaska state ferry idled nearly 2 years

JUNEAU, Alaska (AP) — The cost to the state for docking an Alaska ferry that has been idled for nearly two years is close to $900,000 a year, with much of that representing insurance costs that were not previously publicly

Tennessee considering $900M Ford incentive package

NASHVILLE, Tenn. (AP) — Tennessee is poised to spend approximately $900 million of its tax revenues on incentives, infrastructure projects and more under an agreement with Ford Motor Co., which has announced plans to build an electric vehicle and batte...

EU mulling ways to end jet lease to Belarus’ airline

LUXEMBOURG (AP) — European Union foreign ministers looked at ways on Monday to stop the illegal migration into the 27-nation bloc from neighboring Belarus, including stopping companies from leasing jets to Belarusian airline Belavia.

Lawmakers give Amazon ‘final chance’ to clear up testimony

WASHINGTON (AP) — House lawmakers are threatening to seek a criminal investigation of Amazon, saying the tech giant has a “final chance” to correct its executives' previous testimony on its competition practices.

Rights watchdog faults Malta for abortion, journalist safety

VALLETTA, Malta (AP) — A European human rights watchdog recommended on Monday that Malta legalize abortion, improve gender equality and implement reforms to protect journalists, adding another international voice of criticism to the laws and culture on...

Restaurants closed in parts of Slovakia amid COVID-19 surge

BRATISLAVA, Slovakia (AP) — Slovakia on Monday reimposed coronavirus restrictions in the hardest-hit parts of the country amid the latest surge of infections.

Belarus suspends routine medical care to focus on COVID-19

KYIV, Ukraine (AP) — Belarus on Monday ordered a halt to routine medical care at state clinics in order to devote more resources to coronavirus patients.

Businesses see higher inflation, wages and job changes, Bank of Canada reports

OTTAWA — Consumers and businesses expect increases in the cost of living to stay hot over the next year, the Bank of Canada says as part of surveys results that also show people more willing to search for new jobs,

Pro-business party OKs formal talks on new German government

BERLIN (AP) — Germany's pro-business Free Democrats on Monday became the last of three parties to back the start of formal coalition talks on forming a new government.

Discuss on boreal.social