Business
Stock market today: Wall Street drifts lower ahead of a decision on rates from the Federal Reserve
By Zimo Zhong And Matt Ott, The Associated Press on March 20th, 2024
NEW YORK (AP) – Stocks are easing lower in early trading on Wall Street as markets wait for the Federal Reserve’s latest announcement on interest rate policy and guidance on when and by how much the U.S. central bank might cut rates later this year. The S&P 500 was off 0.1% in early trading Wednesday. ... Read More »
Be the first to comment!Browning West says current Gildan board cannot be trusted to oversee sale process
By The Canadian Press on March 20th, 2024
MONTREAL – A U.S. investor who is seeking to replace a majority of the directors at Gildan Activewear Inc. says the current board cannot be trusted to oversee a sale process for the company. Gildan confirmed Tuesday that it has received a “non-binding expression of interest” from a potential purchaser that it did not name. ... Read More »
Be the first to comment!TD signs deal with Indian bank HDFC to attract students looking to study in Canada
By The Canadian Press on March 20th, 2024
TORONTO – TD Bank Group has signed an agreement with an Indian bank in a bid to attract international students as new customers and make it easier for them to comply with visa requirements. As part of the Canada’s requirements to apply for an expedited study permit, students are required to provide proof of financial ... Read More »
Be the first to comment!Protesters block Newfoundland and Labrador legislature ahead of provincial budget
By The Canadian Press on March 20th, 2024
ST. JOHN’S, N.L. – Protesting fishers are blocking Newfoundland and Labrador government officials from entering the legislature this morning ahead of the scheduled presentation of the provincial budget. Royal Newfoundland Constabulary officers on horses tried to disperse the shouting crowd, but the police were largely unsuccessful, and at least one protester had to be taken ... Read More »
Be the first to comment!Boyd Group Services reports Q4 profit and sales up from year earlier
By The Canadian Press on March 20th, 2024
WINNIPEG – Boyd Group Services Inc. reported a fourth-quarter profit of US$19.1 million, up from US$14.2 million a year earlier, as its sales rose 16 per cent. The autobody repair company, which keeps its books in U.S. dollars, says the profit amounted to 89 cents US per diluted share for the last three months of ... Read More »
Be the first to comment!7 dead after South Korean tanker capsizes off Japan, 2 still missing
By The Associated Press on March 20th, 2024
TOKYO (AP) – Seven people have been pronounced dead after a South Korean ship capsized off an island in southwestern Japan, the coast guard said Wednesday afternoon, out of nine crew members found so far. Authorities said that one member of the crew was alive, and described another’s condition as unknown. Earlier, authorities said all ... Read More »
Be the first to comment!Newfoundland and Labrador’s provincial budget set for today — and it may be balanced
By The Canadian Press on March 20th, 2024
ST. JOHN’S, N.L. – Newfoundland and Labrador Finance Minister Siobhan Coady is scheduled to release her 2024-25 budget today, with an expectation that the books will be balanced. The government has been working to whittle down its deficit, and it forecast last year that it would be eliminated by this year’s budget. However, the province ... Read More »
Be the first to comment!South Korean tanker capsizes off southwestern Japan, 9 crewmembers rescued and 2 missing
By The Associated Press on March 20th, 2024
TOKYO (AP) – A South Korean tanker capsized off an island in southwestern Japan early Wednesday, and the coast guard said it had rescued nine crew members and was still searching for two who were missing. The coast guard said it received a distress call from the Keoyoung Sun chemical tanker, saying that it was ... Read More »
Be the first to comment!South Korean tanker capsizes off southwestern Japan, 8 crewmembers rescued and 3 missing
By The Associated Press on March 20th, 2024
TOKYO (AP) – A South Korean tanker capsized off an island in southwestern Japan early Wednesday, and the coast guard said it had rescued eight crew members and was still searching for three who were missing. The coast guard said it received a distress call from the Keoyoung Sun chemical tanker, saying that it was ... Read More »
Be the first to comment!South Korean tanker capsizes off southwestern Japan, 4 crewmembers rescued and 7 missing
By The Associated Press on March 19th, 2024
TOKYO (AP) – A South Korean tanker capsized off a southwestern Japanese island early Wednesday, and Japan’s coast guard said it rescued four of the crew and was searching for seven who were missing. The coast guard said it received a distress call from the Keoyoung Sun chemical tanker, saying that it was tilting and ... Read More »
Be the first to comment!Gannett, McClatchy news chains say they will stop using Associated Press content
By David Bauder, The Associated Press on March 19th, 2024
NEW YORK (AP) – The Gannett and McClatchy news chains, publishers of more than 230 outlets including USA Today and the Miami Herald, have said they will stop using journalism from The Associated Press amid continued financial pressures for the news industry. The decision by Gannett, the nation’s largest newspaper chain, severs a century-old partnership. ... Read More »
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