Category Archives: Economy

Cuomo exit isn’t stopping push for answers on nursing homes

Sexual harassment allegations cost New York Gov. Andrew Cuomo his job. Now, many want to see him answer for a scandal that cut to the heart of his reputation as a pandemic hero and may have had life-and-death consequences —

Ottawa investing $1.44B in Telesat to help improve rural and remote internet access

OTTAWA — The federal government has signed a deal to invest $1.44 billion in Telesat's advanced low Earth orbit satellite constellation, Telesat Lightspeed.  The government says the technology will help provide high-speed internet access in rural and r...

Kentucky Sen. Paul failed to disclose wife’s stock trade

WASHINGTON (AP) — Kentucky Sen. Rand Paul waited more than a year to disclose that his wife purchased stock in a company that makes a COVID-19 treatment, an investment made after Congress was briefed on the threat of the virus

Victims slam Tesla subsidy from East German communist fund

BERLIN (AP) — Victims of communism in East Germany on Thursday criticized the decision to grant electric automaker Tesla a subsidy of 8.1 million euros (almost $10 million) from a trust fund managing what's left of the regime's fortune.

Victims slam Tesla subsidy from East German communist fund

BERLIN (AP) — Victims of communism in East Germany on Thursday criticized the decision to grant electric automaker Tesla a subsidy of 8.1 million euros (almost $10 million) from a trust fund managing what's left of the regime's fortune.

Ontario puts additional $2.2B toward COVID-19 fund, preparing for effects of variants

TORONTO — Ontario is putting $2.2 billion more toward COVID-19 spending, bracing for the impacts of the Delta variant as the province sees a rising number of cases, largely in unvaccinated people. The province reported 513 new infections on Thursday, w...

PBO estimates federal government will profit in Air Canada aid deal

OTTAWA — The federal government could make about $177 million over 10 years from a support deal it reached with Air Canada, the parliamentary budget officer said in a report Thursday. The PBO estimate is based on Air Canada using only

HHS joins vaccine trend, orders shots for its health workers

WASHINGTON (AP) — The federal Health and Human Services Department is requiring employees who provide care or services for patients to get their COVID-19 shots, officials announced Thursday.

UK watchdog: Facebook’s ownership of Giphy hurts competition

LONDON (AP) — Facebook's ownership of Giphy will hurt competition for animated images, U.K. regulators said Thursday, meaning the social network could ultimately be forced to unwind the deal if the provisional findings are confirmed.

Hochul: I’ll run for governor after finishing Cuomo’s term

NEW YORK (AP) — Lt. Gov. Kathy Hochul, who will serve out the remainder of Andrew Cuomo's term after he steps down amid sexual harassment allegations, said Thursday she plans to run for governor in her own right next

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