Category Archives: Economy
Wray: FBI frowns on ransomware payments despite recent trend
WASHINGTON (AP) — The FBI's director told lawmakers Thursday that the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting their system...
Digital shift cushioned blow to post-pandemic growth outlook, BoC deputy says
OTTAWA — The economy's ability to grow coming out of the pandemic isn't as hobbled by COVID-19 as the central bank first feared, a top Bank of Canada official says. Deputy governor Timothy Lane said that's because the country quickly embraced
3rd guilty plea in South Carolina nuclear project failure
COLUMBIA, S.C. (AP) — A former official for the contractor hired to build two South Carolina nuclear reactors that were never completed pleaded guilty Thursday to lying to federal authorities.
Underground mine vehicle accident in Montana kills 2
NYE, Mont. (AP) — Two workers for the only palladium and platinum mining operation in the U.S. have died in an underground accident at a Montana mine, company officials said.
US extends expiration dates for J&J COVID vaccine by 6 weeks
WASHINGTON (AP) — Johnson & Johnson said Thursday that U.S. regulators extended the expiration date on millions of doses of its COVID-19 vaccine by six weeks.
5 Poles sue government seeking faster steps on gas emissions
WARSAW, Poland (AP) — A Polish environmental group says five members of the public are separately taking the government to court this month, to demand faster steps to reduce Poland’s greenhouse gas emissions and meet European climate goals.
Russia fines Facebook, Telegram over banned content
MOSCOW (AP) — Russian authorities on Thursday ordered Facebook and the messaging app Telegram to pay steep fines for failing to remove banned content, a move that could be part of growing government efforts to tighten control over social media
Ontario unlikely to balance budget by 2030 despite post-pandemic growth: report
TORONTO — Ontario's fiscal watchdog says the province's economy will rebound over the next two years but the government is unlikely to reach its goal of a balanced budget by the start of the next decade. The Financial Accountability Office released
EU lawmakers threaten to sue, to speed up rule of law action
BRUSSELS (AP) — European Union lawmakers threatened Thursday to sue the bloc’s executive branch within weeks if it fails to take action against countries allegedly violating democratic standards, notably Hungary and Poland.
No more kidney dialysis? Lebanese hospitals issue warning
BEIRUT (AP) — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week due to severe shortages in supplies, the latest in Lebanon’s accelerating crises and collapsing health sector.
