Business insolvencies spike in first quarter, consumer insolvencies also rise
OTTAWA – Business insolvencies surged 87.2 per cent year-over-year in the first quarter of 2024, while consumer insolvencies rose 14 per cent. Data from the Office...
Google, Justice Department make final arguments about whether search engine is a monopoly
WASHINGTON (AP) — Google’s preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the...
Traffic snarled as workers begin removing bridge over I-95 following truck fire in Connecticut
NORWALK, Conn. (AP) — Workers on Friday began removing a bridge over a Connecticut highway that was damaged in a fiery crash involving a gasoline tanker...
US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
DETROIT (AP) — The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up...
The UK government acted unlawfully in approving a climate plan, a High Court judge has ruled
LONDON (AP) — A High Court judge ruled Friday that the U.K. government acted unlawfully when it approved a plan to meet climate targets without evidence...
Pipeline operator TC Energy reports $1.20B Q1 profit, down from $1.31B a year ago
CALGARY – TC Energy Corp. reported a first-quarter profit of $1.20 billion, down from $1.31 billion in the same quarter last year, as its revenue rose....
Magna reports Q1 profit down from year ago, takes charge related to Fisker
TORONTO – Magna International Inc. says its first-quarter profit fell compared with a year ago as it recorded US$316 million in asset impairments and restructuring costs...
Yellen says threats to democracy risk US economic growth, an indirect jab at Trump
WASHINGTON (AP) — Treasury Secretary Janet Yellen is arguing that a fractured democracy can have destructive effects on the economy — an indirect jab at Donald...
Nippon Steel delays closing of acquisition of US Steel until late this year after US DOJ request
TOKYO (AP) — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the...
King Charles’ longtime charity celebrates new name and U.S. expansion at New York gala
NEW YORK (AP) — The King’s Trust celebrated its new name, an update of King Charles III’s long-running charity The Prince’s Trust, and the expansion of...