Category Archives: Economy

US decides to limit leasing in Alaska petroleum reserve

JUNEAU, Alaska (AP) — The U.S. Interior Department has issued a decision to limit roughly half the National Petroleum Reserve-Alaska to oil and gas leasing, rolling back a Trump-era policy criticized by conservationists that would have vastly expanded ...

CN Rail profits dip amid supply chain snarls, lower grain exports

MONTREAL — Canadian National Railway Co. on Tuesday lowered its earnings forecast for the year after profits sagged in its first quarter. Citing tough operating conditions and "worldwide economic uncertainty," the company now predicts adjusted diluted ...

Key governance issues persist five years after audit of Atlantic Lottery Corporation

HALIFAX — Several key governance reforms to the Atlantic Lottery Corporation recommended more than five years ago still haven’t been implemented, the region’s auditors general said in a report released Tuesday. The four Atlantic provincial governments ...

Musk’s free speech plans for Twitter to face challenges from governments: expert

TORONTO — Canada and governments around the world could scuttle Elon Musk's plans to ease restrictions on Twitter in the name of free speech, say social media and anti-hate experts.  They believe Musk, a self-described "free speech absolutist" whose US...

Incandescent light bulbs being phased out to save energy

WASHINGTON (AP) — The Biden administration is scrapping old-fashioned incandescent light bulbs, speeding an ongoing trend toward more efficient lighting that officials say will save households, schools and businesses billions of dollars a year.

UK: Concerns raised over Chinese surveillance camera firm

LONDON (AP) — An independent monitor of Britain's use of surveillance cameras has asked for the government to clarify its positions on buying equipment from a Chinese technology company accused of involvement in human rights abuses.

Winner of Slovenia vote hopes to form government by mid-June

LJUBLJANA, Slovenia (AP) — The winner of Slovenia's weekend parliamentary election says he hopes to have a new government formed by mid-June. Robert Golob, the leader of

Administration expands availability of COVID antiviral pill

WASHINGTON (AP) — President Joe Biden's administration is taking steps to expand availability of the life-saving COVID-19 antiviral treatment Paxlovid, seeking to reassure doctors that there is ample supply for people at high risk of severe illness or ...

Live updates | Russia-Ukraine War

POKROVSK, Ukraine — As Russian forces intensify their shelling of eastern Ukraine, more people are leaving their homes in search of safety. In Pokrovsk, a town in

US ‘clean energy’ loan for Australian plant in Louisiana

VIDALIA, La. (AP) — An Australian company’s Louisiana subsidiary can get up to $107 million in U.S. Department of Energy loans to expand a plant that produces materials for electric car batteries the department said Monday.

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