March 1st, 2017

Business

Markets Right Now: US indexes pull back, end mixed

By The Associated Press on February 16th, 2017

NEW YORK – The latest on developments in financial markets (All times local): 4:00 p.m. Stocks ended mostly lower, ending the longest winning streak in more than three years for the Standard & Poor’s 500 index. The Dow Jones industrial average eked out a tiny gain Thursday, enough to mark another all-time high. Energy companies ... Read More »

Be the first to comment!

‘Day Without Immigrants’: Protest closes restaurants in US

By Errin Haines Whack, The Associated Press on February 16th, 2017

PHILADELPHIA – The heart of Philadelphia’s Italian Market was uncommonly quiet. Fine restaurants in New York, San Francisco and the nation’s capital closed for the day. Grocery stores, food trucks, coffee shops and taco joints in places like Chicago, Los Angeles and Boston shut down. Immigrants around the U.S. stayed home from work and school ... Read More »

Be the first to comment!

At least 1 hurt after Oklahoma oil field explosion

By The Associated Press on February 16th, 2017

OKLAHOMA CITY – At least one person was hurt Thursday after an oil field explosion in eastern Oklahoma, authorities say. The Oklahoma Highway Patrol says the explosion happened near Quinton in Pittsburg County, about 100 miles southeast of Tulsa. Troopers were called out to assist the county sheriff’s office about 12:30 p.m. The injured person ... Read More »

Be the first to comment!

Lawyer: Client subpoenaed in 21st Century Fox inquiry

By The Associated Press on February 16th, 2017

NEW YORK – A lawyer representing former Fox News employees says one of his clients recently received a grand jury subpoena in a federal securities probe of how 21st Century Fox Inc. handled a sexual harassment scandal. Attorney Judd Burstein disclosed the subpoena Wednesday during a court hearing in a lawsuit filed by former Fox ... Read More »

Be the first to comment!

House GOP struggles for consensus on replacing health law

By Alan Fram, The Associated Press on February 16th, 2017

WASHINGTON – House Republican leaders sketched broad outlines of a replacement for President Barack Obama’s health care law that left rank-and-file GOP members at odds and questioning details and timing of how the GOP intends to deliver on its long-promised alternative. “Unrealistic may be a strong word, but it is a super-large task,” Rep. Mark ... Read More »

Be the first to comment!

U.S. regulators approve Enbridge’s $37-billion Spectra Energy takeover

By The Canadian Press on February 16th, 2017

CALGARY – Enbridge Inc. says the U.S. Federal Trade Commission has approved its proposed takeover of Spectra Energy Corp. in what will be the largest foreign takeover by a Canadian company. The all-stock deal, which valued Spectra at $37 billion when it was announced last September, still requires approval under the Canadian Competition Act. Enbridge ... Read More »

Be the first to comment!

Fraser Institute challenges revenue neutral claim of B.C.’s carbon tax

By The Canadian Press on February 16th, 2017

VANCOUVER – A report from the Fraser Institute says British Columbia’s carbon tax is no longer revenue neutral. The study, co-authored by Charles Lammam, director of fiscal studies at the right-wing research institute, says the B.C. government no longer cuts other taxes to roughly equal new revenues from the carbon tax. Without that offset, the ... Read More »

Be the first to comment!

Clark calls in Canada’s ambassador, special envoy to map softwood strategy

By The Canadian Press on February 16th, 2017

VICTORIA – Premier Christy Clark called a special cabinet meeting today to help map British Columbia’s approach to reaching a new softwood lumber trade agreement with the United States. Canada’s ambassador to the United States, David McNaughton, and David Emerson, B.C.’s new trade envoy on the softwood file, were both invited to the cabinet briefing. ... Read More »

Be the first to comment!

Trump names Acosta as new choice to become labour secretary

By Laurie Kellman And Ken Thomas, The Associated Press on February 16th, 2017

WASHINGTON – President Donald Trump on Thursday announced law school dean R. Alexander Acosta as his new labour secretary nominee, one day after his original pick abruptly withdrew from consideration. Trump said Acosta, who did not appear with the president, “has had a tremendous career.” He noted that, unlike Puzder, Acosta has been confirmed by ... Read More »

Be the first to comment!

Kimberley’s SunMine solar farm shines in first full year of operation.

By The Canadian Press on February 16th, 2017

KIMBERLEY, B.C. – A former lead and zinc mine in southeastern British Columbia has generated a small profit in its first full year of operation as a solar farm. A report by city staff in Kimberley shows the community-owned SunMine project returned just over $12,600 in net profit on total annual revenues of just under ... Read More »

Be the first to comment!