Category Archives: Economy
US to seek automated braking requirement for heavy trucks
DETROIT (AP) — In a reversal from Trump administration policies, U.S. auto safety regulators say they will move to require or set standards for automatic emergency braking systems on new heavy trucks.
Biden nominee linked to 1989 sabotage draws Republican ire
BILLINGS, Mont. (AP) — President Joe Biden’s nominee to oversee federal lands in the U.S. West is facing Republican pressure to withdraw over her ties to environmental activists convicted of spiking trees to sabotage a national forest timber sale more
Company drops plan for $2.3B methanol plant in Washington
SEATTLE (AP) — A company backed by the Chinese government on Friday ended its seven-year effort to build one of the world’s largest methanol plants along the Columbia River in southwestern Washington, following a series of regulatory setbacks and a
Clock runs out for Tory-led debate over internet bill’s impact on freedoms
OTTAWA — The minority Liberal government pushed forward a key piece of its legislative agenda Friday, as a House of Commons committee wrapped up clause-by-clause review of a bill to give Canada more regulatory power over digital streaming platforms. Bi...
Stocks notch modest gains and a 3rd winning week for S&P 500
BANGKOK — Stocks shook off a wobbly day of trading and ended modestly higher on Wall Street, giving the S&P 500 its third weekly gain in a row. The index added 0.2% Friday, led by technology and banks. Bond yields
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.
California selects another 15 winners in vaccine lottery
SACRAMENTO, Calif. (AP) — California selected another 15 people on Friday to win $50,000 each just for getting the coronavirus vaccine amid hopes from state officials that the chance of winning big money will convince skeptics to get inoculated ahead
Biden to return diverted border wall money, spend down rest
WASHINGTON (AP) — Former President Donald Trump’s signature border wall project would lose much of its funding as well as the fast-track status that enabled it to bypass environmental regulations under a Biden administration plan announced Friday.
US will revisit Trump-era decision for Alaska rainforest
JUNEAU, Alaska (AP) — The federal government announced plans Friday to “repeal or replace” a decision by the Trump administration last fall to lift restrictions on logging and road building in a southeast Alaska rainforest that provides habitat for wol...
B.C. to launch compulsory skilled trades certification system
VICTORIA — The British Columbia government is launching a compulsory skilled trades certification system that it says will strengthen economic recovery by addressing labour shortages and supporting higher-paying, more stable jobs. Premier John Horgan t...
