The Delano City Council voted for who would be their mayor in a special council meeting Monday evening. They voted to keep the current mayor, Bryan Osorio, as the mayor for a second year.
LONDON (AP) — Amazon’s British website has backed away from plans to stop accepting Visa credit cards issued in the United Kingdom, saying Monday that the move has been put on hold while talks between the two sides continue. The online retailer said the change would not be implemented as planned on Wednesday. Amazon had announced the move in November, blaming “the high fees Visa charges for processing credit card transactions.” “We are working closely with Visa on a potential solution that will
Credit Suisse will stick to its strategic overhaul despite the abrupt departure of its mastermind Antonio Horta-Osorio following an internal probe into his personal conduct, including breaches of COVID-19 rules, the bank's new chairman said on Monday. Horta-Osorio leaves less than nine months after he joined the bank to help it deal with the implosion of investment firm Archegos and the insolvency of British supply chain finance company Greensill Capital, while it was still reeling from the 2020 exit of CEO Tidjane Thiam over a spying scandal. "In the years ahead the strategy will be reviewed regularly, but at the moment it's not an issue at all," Axel Lehmann, the Credit Suisse board member picked to replace Horta-Osorio, told Reuters in an interview, his first with the media since his appointment.
Omineca Mining and Metals Ltd. (TSXV: OMM) ("Omineca") announces the grant of 1,300,000 stock options pursuant to its stock option plan. 300,000 of the options were granted to directors and executive officers, with the balance granted to consultants. The options are exercisable at $0.20 per share and, if not exercised, expire January 13, 2027, subject to earlier expiration in accordance with the stock option plan and the applicable policies of the TSX Venture Exchange.
BERLIN (AP) — The World Health Organization said Sunday that a U.N.-backed program shipping coronavirus vaccines to many poor countries has now delivered 1 billion doses, but that milestone “is only a reminder of the work that remains” after hoarding and stockpiling in rich countries. A shipment of 1.1 million COVID-19 vaccine doses to Rwanda on Saturday included the billionth dose supplied via the COVAX program, the U.N. health agency said. WHO has long criticized unequal distribution of vaccin
The RRSP contribution limit for 2022 remains at 18% of a user’s earned income, although the dollar amount is higher than in 2021. The post 1 Important RRSP Update for 2022 appeared first on The Motley Fool Canada.
HELSINKI (AP) — Denmark lifted a number of coronavirus restrictions and allowed the reopening of certain venues Sunday despite the spread of the omicron variant in the country. Cinemas, zoos, museums and theaters were among the places that could welcome visitors again. Limited numbers of spectators also were allowed to attend indoor and outdoor sports events. Visitors are required to wear masks at most of these places and provide proof that they have been vaccinated or have recovered or recently
Small-cap energy stocks could see steep rallies in 2022 with strength in oil and gas prices. The post Why Did Surge Energy (TSX:SGY) Stock Zoom 20% Last Week? appeared first on The Motley Fool Canada.
Israel's cabinet approved additional state aid on Sunday to help bail out airlines suffering another pandemic blow with the spread of the Omicron coronavirus variant, the finance and transportation ministries said. Total state aid would not exceed $85 million for all of Israel's carriers and would come in the form of three-year bonds which do not accrue interest, representing a $41 million addition to a similar package in November, the ministries said in a statement. Israel's airlines - flag carrier El Al Israel Airlines Arkia and Israir - have been hit hard during the pandemic with the country's borders largely closed to foreign tourists since March 2020.
Today Exotec, a leader in global warehouse robotics, announced $335M in Series D funding at a $2B valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital. Exotec will leverage the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. The company also plans to hire 500 new R&D engineers by 2025 to accelerate the development of its high-perform
BERLIN (AP) — The Austrian government on Sunday presented revised plans for its proposed COVID-19 vaccine mandate, which it said will now apply to all residents age 18 and over, rather than 14 as originally intended. Officials said that a phased introduction will give people plenty of opportunity to comply. The government announced nearly two months ago that it would implement a general vaccine mandate early this year, becoming the first European country to do so. In early December, it produced
China's economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs that momentum is slowing on weakening consumption and a property downturn, pointing to the need for more policy support. Growth in the fourth quarter hit a one-and-a-half-year low, government data showed on Monday shortly after the central bank moved to prop up the economy with a cut to a key lending rate for the first time since early 2020. The world's second-largest economy is struggling with a rapidly cooling property sector, as well as sporadic small-scale COVID-19 outbreaks that could deal a blow to its factories and supply chains.
HELSINKI (AP) — Denmark lifted a number of coronavirus restrictions and allowed the reopening of certain venues Sunday despite the spread of the omicron variant in the country. Cinemas, zoos, museums and theaters were among the places that could welcome visitors again. Limited numbers of spectators also were allowed to attend indoor and outdoor sports events. Visitors are required to wear masks at most of these places and provide proof that they have been vaccinated or have recovered or recently
Bell Media today unveiled noovo.info, a website dedicated entirely to news, which represents the final piece to Noovo's multi-platform news division. Helmed by a talented and experienced editorial team, noovo.info presents information in a variety of ways: news articles, video reports, columns and exclusive features.
We asked our Foolish writers for their top ideas for 2022. Here are their picks. The post 15 Top Stock Picks for 2022 appeared first on The Motley Fool Canada.
The family of an Amazon.com delivery truck driver in Illinois who died in December when a warehouse was destroyed by a swarm of tornadoes that killed six people there, filed a lawsuit against the online retailer on Monday over his death. The suit, the first against the company stemming from the disaster, was brought in state court by the Chicago firm, Clifford Law Offices, on behalf of the family of driver Austin McEwen, 26. It was filed in Third Judicial Circuit in Madison County, Illinois.
GENEVA (AP) — Credit Suisse said Monday that its chairman has resigned following an internal investigation that reportedly found he violated quarantine rules intended to fight the COVID-19 pandemic. The resignation of Antonio Horta-Osorio, a British-Portuguese national who took the job barely eight months ago, was announced shortly after midnight Monday. It is the latest upheaval at the top-drawer Swiss bank that has faced an array of recent troubles including bad bets on hedge funds and an inte
Restaurant Brands International (TSX:QSR)(NYSE:QSR) is a name that could make your TFSA rich over the course of the next 20 years and beyond! The post The Best Profitable Growth Stock to Watch Today appeared first on The Motley Fool Canada.
HELSINKI (AP) — Denmark lifted a number of coronavirus restrictions and allowed the reopening of certain venues Sunday despite the spread of the omicron variant in the country. Cinemas, zoos, museums and theaters were among the places that could welcome visitors again. Limited numbers of spectators also were allowed to attend indoor and outdoor sports events. Visitors are required to wear masks at most of these places and provide proof that they have been vaccinated or have recovered or recently
BELGRADE, Serbia (AP) — Serbia held a referendum Sunday on constitutional amendments that the populist government says are needed for the Balkan country to advance in a bid to join the European Union. The ballot focuses on the changes in the election of judges and prosecutors that authorities say are aimed at boosting their independence in the country where the judiciary is widely seen as corrupt and politically controlled. The referendum has been hailed by the United States, the European Union
The dollar edged higher on Monday as traders continued to hold on to dollars but took the view that Federal Reserve tightening plans were largely priced in, while the euro eased from Friday’s two-month high. An unexpected cut to key lending rates in China highlighted it as the outlier, with other major central banks in talks to raise rates. China's move only briefly weighed on the yuan.
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