Reuters•2 hours agoAdviser says U.S. close to Mexico-only NAFTA deal, Canada unmoved
There is just over a week to go before a U.S.-imposed Oct. 1 deadline to publish the text of a deal to update the North American Free Trade Agreement, and the United States and Canada have still not agreed on terms, Hassett told Fox News Channel. "We're still talking to Canada, and we're
Reuters•2 hours agoCaterpillar leans on old playbook to cope with Trump tariffs
At this sprawling factory in central North Carolina where it makes small front-end loaders, the company laid off workers in 2016 in response to plunging sales, consolidating two shifts into one under a program it calls the Operation & Execution Model. One third of the facility's 550 employees are
- The Canadian Press•3 hours ago
King returns to SoCal roots with ownership stake in Dodgers
Billie Jean King has gone back to her roots in becoming part of the Los Angeles Dodgers' ownership group. King says she and younger brother Randy Moffitt "grew up bleeding Dodger blue" in Long Beach. King and her partner Ilana Kloss have taken an undisclosed stake in the Dodgers at the
- The Canadian Press•4 hours ago
The Latest: Bourbon maker Four Roses walkout ends
Four Roses says it's looking forward to returning to full production soon after the bourbon maker reached a tentative agreement with union officials to end a two-week walkout. Union leader Jeff Royalty said striking workers will return to work next week. Royalty says there will be no lingering
- Yahoo Finance•5 hours ago
Schwarzman: Nationalism and populism are the 'biggest risks' for the business community
The challenge will be to find a way to have some normalization.
- The Canadian Press•5 hours ago
Judges signal they'll revive Sarah Palin defamation lawsuit
A federal appeals panel seems poised to reinstate a defamation lawsuit Sarah Palin brought against The New York Times after hearing oral arguments Friday. A three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan found it unusual that a judge tossed the lawsuit last year after hearing
- The Canadian Press•5 hours ago
Credit freeze free nationwide as of Friday
Consumers can now freeze their credit for free under a new federal law. A credit freeze restricts access to your credit file, essentially halting anyone from opening any new credit in your name. President Donald Trump signed it into law in May.
- The Canadian Press•5 hours ago
US agency endorses plan to block new mining near Yellowstone
U.S. officials recommended approval on Friday of a plan to block new mining claims for 20 years on the forested public lands that make up Yellowstone National Park's mountainous northern boundary. Regional Forester Leanne Marten submitted a letter to the Bureau of Land Management endorsing the plan
- The Canadian Press•5 hours ago
Rising oil prices haven't hurt the US economy so far
America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. It has long been conventional wisdom that rising oil prices hurt the economy by forcing consumers to spend more on gasoline and heating their homes, leaving less
- The Canadian Press•5 hours ago
Cancelling Georgia nuclear plant could cost owners billions
The federal government is warning the owners of a troubled nuclear power plant in Georgia that any move to cancel a planned expansion would lead to demands for quick repayment of nearly $6 billion in federal loans. The letter lawmakers sent Wednesday was signed by 20 members of the Georgia General Assembly
- The Canadian Press•5 hours ago
The Latest: Feds say cancelling nuke plant could cost owners
The federal government is warning the owners of a troubled nuclear power plant in Georgia that any move to cancel a planned expansion would lead to demands for quick repayment of nearly $6 billion in federal loans. In a letter to the plant's three owners, the Department of Energy said late Friday
Reuters•5 hours agoAdviser says U.S. close to Mexico-only NAFTA deal, Canada unmoved
There is just over a week to go before a U.S.-imposed Oct. 1 deadline to publish the text of a deal to update the North American Free Trade Agreement, and the United States and Canada have still not agreed on terms, Hassett told Fox News Channel. "We're still talking to Canada, and we're
- The Canadian Press•6 hours ago
PayPal is the latest platform to ditch Alex Jones, Infowars
SAN FRANCISCO — You won't be able use PayPal anymore to buy fluoride-free toothpaste or a bottle of The Real Red Pill Plus from right-wing conspiracy promulgator Alex Jones.
Reuters•6 hours agoOil prices end week up in volatile trade ahead of OPEC meeting
Investors grappled with whether the Organization of the Petroleum Exporting Countries and non-OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4. "The question is just how much oil is going to be taken off the market with U.S. sanctions on Iran,"
- The Canadian Press•6 hours ago
Business Highlights
An old bogeyman, higher oil prices, may still be scary but doesn't have the same power to hurt the US economy. Yes, when gasoline costs more, consumers have less money to spend at restaurants and shops. WASHINGTON (AP) — Consumer and health care groups say they're trying to block a move by
Reuters•6 hours agoKeystone XL pipeline route would not harm environment: State Department
"Prompt cleanup response would likely be capable of remediating the contaminated soils before the hazardous release reaches groundwater depth," the review said. Last month a federal judge in Montana had ordered the State Department to conduct the review of a revised route of the project to
Reuters•6 hours agoLoblaw unit gets medical marijuana license from Health Canada
(Reuters) - Loblaw Cos Ltd's drugstore chain on Friday received approval from Health Canada to be a licensed producer of cannabis for medical purposes. "As trusted medication experts, we believe pharmacists have an important role to play in the safe and informed use of medical cannabis, and
- The Canadian Press•6 hours ago
Twitter finds software privacy bug affecting direct messages
Twitter says it found a software bug that may have sent some private messages to the wrong people. Twitter says less than 1 per cent of its 335 million users were affected, and notes that it hasn't seen evidence that any actual messages were misdelivered. Twitter says it has notified anyone who
- Reuters•6 hours ago
Lehman Brothers workers share memories 10 years after the fall
"Lehman always had a great group of people who enjoyed working together." Vanessa Jagenburg, who was one of Lehman's few female managing directors in equities, recalled earning the nickname Vanna when she first joined Lehman in 1989, after "Wheel of Fortune" host Vanna White.
- The Canadian Press•6 hours ago
Shoppers Drug Mart gets medical pot license from Health Canada
Shoppers Drug Mart has received Health Canada's approval to be a licensed medical marijuana producer, opening the door for the pharmacy giant to dispense medical cannabis to patients. This comes after Shoppers in October 2016 applied to Health Canada to become a licensed medical marijuana producer
Reuters•7 hours agoAs new iPhones go on sale, studies reveal chips from Intel and Toshiba
The studies by repair firm iFixit https://www.ifixit.com/Teardown/iPhone+XS++and+XS+Max+Teardown/113021 and chip analysis firm TechInsights https://w2.techinsights.com/l/4202/2018-09-21/276cjx, published this week, are among the first detailed teardowns of the phones, which reviews suggested were a subtle
- The Canadian Press•7 hours ago
Canada requests trade panel on uncoated groundwood paper ruling by U.S.
Canada has requested a NAFTA trade panel review a U.S. Commerce Department ruling that imposed duties on uncoated groundwood products like newsprint. The U.S. International Trade Commission overturned the Commerce Department's ruling in late August, but it could be appealed. Jean Majeau, spokesman
- The Canadian Press•7 hours ago
Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Reuters•7 hours agoReceding trade fears propel stocks to six-month peak
MSCI's gauge of stocks across the globe gained 0.30 percent to hit the highest level since March 13. Sterling tumbled and pushed the dollar up after British Prime Minister Theresa May said Brexit talks had hit an impasse and that the European Union must offer an alternative plan after the bloc'
- The Canadian Press•7 hours ago
TSX caps good week by closing higher as investors respond to pipeline action
Canada's main stock index capped a good week with the energy sector closing higher Friday as investors responded positively to federal action to kick-start construction of the Trans Mountain pipeline expansion. Ottawa ordered the National Energy Board to redo its environmental review of the controversial
