Category Archives: Economy
Canadian drug companies want new pricing regs delayed again until after pandemic
OTTAWA — Almost three dozen Canadian pharmaceutical companies made a direct appeal to Prime Minister Justin Trudeau last month to delay the new drug pricing regulations for a third time. The companies, including all four of the drugmakers behind the CO...
Biden urges G-7 leaders to call out and compete with China
CARBIS BAY, England (AP) — Leaders of the world's largest economies unveiled an infrastructure plan Saturday for the developing world to compete with China’s global initiatives, but they were searching for a consensus on how to forcefully to call out
UN approves Costa Rica’s Grynspan to head UN trade body
UNITED NATIONS (AP) — The U.N. General Assembly on Friday approved the nomination of Costa Rican economist Rebecca Grynspan to head the U.N. agency promoting trade and development, the first woman and Central American to lead the Geneva-based organizat...
Go green or go bipartisan? Biden’s big infrastructure choice
WASHINGTON (AP) — President Joe Biden’s hopes of channeling billions of dollars into green infrastructure investments to fight climate change are running into the political obstacle of winning over Republican lawmakers who oppose that approach as unne...
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a far tougher sell.
Apple reaffirms privacy stance amid Trump probe revelations
SAN RAMON, Calif. (AP) — Seeking to protect its image as a guardian of personal privacy, Apple maintains it was blindsided and handcuffed by a Trump administration probe that resulted in the company handing over phone data from two Democratic
Top US regulators pledge to seek reforms for money markets
WASHINGTON (AP) — Top regulators pledged Friday to push reforms in a key corner of U.S. financial markets that the Federal Reserve and Treasury had to rush to support after it was roiled during the coronavirus outbreak in the spring
Dakota Access foes seek environmental review updates from US
BISMARCK, N.D. (AP) — Dakota Access oil pipeline opponents asked a judge Friday to require the pipeline company and the U.S. Army Corps of Engineers to provide detailed monthly status reports while the federal government conducts an extensive environme...
Bills that could force Big Tech breakups unveiled in House
WASHINGTON (AP) — A group of House lawmakers put forward a sweeping legislative package Friday that could curb the market power of Big Tech companies and force Facebook, Google, Amazon or Apple to sever their dominant platforms from their other
Business Highlights: Iraq oil minister, UK economy
___ AP Interview: Iraq oil minister says gas sector a priority
