Business
LCBO continues to investigate cybersecurity incident; site and mobile app still down
By The Canadian Press on January 11th, 2023
TORONTO – The Liquor Control Board of Ontario says it is continuing to investigate a “cybersecurity incident” that has knocked out its website and mobile app since Tuesday. The provincial Crown corporation says in a brief statement on Wednesday that its website and mobile app remain unavailable. The LCBO says its shops are open to ... Read More »
Be the first to comment!U.S. travel problems affecting transborder flights: Air Canada, WestJet
By The Canadian Press on January 11th, 2023
TORONTO – Air Canada and WestJet encouraged travellers headed to or from the U.S. to check their flights before going to the airport after a key computer outage at the U.S. Federal Aviation Administration caused delays. WestJet said six flights were delayed Wednesday morning because of the computer outage and none were cancelled, while Air ... Read More »
Be the first to comment!Travel problems due to FAA order affecting transborder flights for Canadians
By The Canadian Press on January 11th, 2023
TORONTO – Air Canada and WestJet are encouraging travellers headed to or from the U.S. to check their flights before heading to the airport after a key computer outage at the U.S. Federal Aviation Administration caused delays WestJet said six flights were delayed Wednesday morning because of the computer outage and none were cancelled, while ... Read More »
Be the first to comment!Here’s what you need to know about the Nexus application process update
By The Canadian Press on January 11th, 2023
OTTAWA – Canadian and U.S. border agencies say they have a plan to reduce the backlog for the Nexus trusted-traveller program. Here’s what you need to know: Where does the program stand now? Travellers who want the streamlined border-crossing benefits of a Nexus card need to go in for an enrolment centre interview by both ... Read More »
Be the first to comment!Report: Oil price cap takes small slice of Russia’s revenue
By David Mchugh And Vladimir Isachenkov, The Associated Press on January 11th, 2023
FRANKFURT, Germany (AP) – A price cap and European Union embargo on most Russian oil have cut into Moscow’s revenue from fossil fuels, but the Kremlin is still earning substantial cash to fund its action in Ukraine because the $60-per-barrel cap was “too lenient,” researchers said Wednesday. The combination of the cap by the Group ... Read More »
Be the first to comment!Air travel across US thrown into chaos after computer outage
By Michelle Chapman, The Associated Press on January 11th, 2023
NEW YORK (AP) – The world’s largest aircraft fleet was grounded for hours by a cascading outage in a government system that delayed or cancelled thousands of flights across the U.S. on Wednesday. The White House initially said that there was no evidence of a cyberattack behind the outage that ruined travel plans for millions ... Read More »
Be the first to comment!Energy and utility stocks help lift S&P/TSX composite, U.S. stocks also up
By The Canadian Press on January 11th, 2023
TORONTO – Strength in the utility and energy sectors helped lead Canada’s main stock index higher in late-morning trading, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 61.99 points at 19,960.85. In New York, the Dow Jones industrial average was up 77.77 points at 33,781.87. The S&P 500 index was ... Read More »
Be the first to comment!Air Canada says U.S. travel problems due to FAA order affecting transborder flights
By The Canadian Press on January 11th, 2023
TORONTO – Air Canada is warning travellers check their flights before heading to the airport as troubles caused by a key computer outage at the U.S. Federal Aviation Administration caused delays. The Canadian airline says the outage would have an effect on its transborder operations, but says it is not possible to determine the extent ... Read More »
Be the first to comment!Nokia opens new office in downtown Toronto as it looks to grow in Canada
By The Canadian Press on January 11th, 2023
TORONTO – Nokia is opening a new office in downtown Toronto’s Harbourfront community. The company says the new location is part of its efforts to expand its presence in Canada. Nokia says the new office will provide a hybrid workplace where employees can share ideas in person as well as use technologies that enable virtual ... Read More »
Be the first to comment!US stocks gain ground ahead of inflation, earnings updates
By Yuri Kageyama And Matt Ott, The Associated Press on January 11th, 2023
NEW YORK (AP) – Stocks are gaining ground in early trading on Wall Street, building on a strong start to the year ahead of this week’s highly anticipated update on inflation and corporate earnings reports. The S&P 500 rose 0.5% after the open Wednesday. The Dow Jones Industrial Average and the Nasdaq also rose. Technology ... Read More »
Be the first to comment!Flight disruptions cascade across US after computer outage
By Michelle Chapman, The Associated Press on January 11th, 2023
NEW YORK (AP) – Thousands of flight delays and cancellations rippled across the U.S. early Wednesday after computer outage led to a grounding order for all departing aircraft by the Federal Aviation Administration. The FAA is working to restore what is known as the Notice to Air Missions System. Before commencing a flight, pilots are ... Read More »
Be the first to comment!
