Category Archives: Economy
Amazon seeks to overturn union win, says vote was tainted
Amazon is seeking to overturn the historic union victory at one of its New York City warehouses, arguing in a legal filing Friday that union organizers and the National Labor Relations Board acted in a way that tainted the results.
Judge rules for Trump Organization in NYC golf course fight
NEW YORK (AP) — Former President Donald Trump’s company can keep running a public golf course in the Bronx, a judge ruled Friday, saying New York City offered a baseless rationale for canceling the Trump Organization's contract after the insurrection
Premier Sandy Silver encouraged by federal budget support for Yukon initiatives
WHITEHORSE — Yukon Premier Sandy Silver says he is pleased the latest federal budget is moving to address concerns facing Northern Canada. A statement from the premier says the territory is "happy" the federal Low Carbon Economy Fund will commit $32.2
Federal budget measures for P.E.I. spud sector ‘bittersweet’ for head of potato board
CHARLOTTETOWN — The head of the Prince Edward Island Potato Board says he has mixed feelings about the $28 million earmarked in the new federal budget to help the Island's potato farming sector. Board general manager Greg Donald said he's still
Ex-Goldman Sachs banker convicted in plot to loot 1MDB fund
NEW YORK (AP) — A former Goldman Sachs banker was convicted Friday of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund known as 1MDB.
Preliminary report finds complaints about Air Canada CEO speech founded: commissioner
GATINEAU, Que. — The Commissioner of Official Languages says a preliminary report into whether a speech by the chief executive of Air Canada in November met the airline's obligations under the Official Languages Act has established that the complaints ...
UK Treasury chief Sunak defends wife in tax controversy
LONDON (AP) — Britain’s Treasury chief has defended his wife’s decision to take advantage of rules that allow many foreigners to escape U.K. taxes on their overseas income, saying critics have launched a smear campaign against her to get at
Russia cuts interest rate as ruble settles despite sanctions
LONDON (AP) — Russia's central bank has managed to stabilize key aspects of the economy with severe controls, artificially propping up the ruble to allow it to rebound to levels seen before the invasion of Ukraine even as the West
Greece gets 3.6 billion euros from European recovery fund
ATHENS, Greece (AP) — Greece has received a 3.6 billion euro ($3.9 billion) payment out of its allotted 30.5 billion from the European Union’s pandemic recovery fund.
Sri Lanka business leaders demand end to political impasse
COLOMBO, Sri Lanka (AP) — Sri Lankan business leaders on Friday called for an end to political instability amid public demands for the president to resign over alleged economic mismanagement, warning that failure to do so would lead to economic
