April 24th, 2019

Business

New Zealand and France to call for an end to online terror

By The Associated Press on April 23rd, 2019

WELLINGTON, New Zealand – New Zealand’s Prime Minister Jacinda Ardern says she and French President Emmanuel Macron will host a meeting in Paris next month seeking to eliminate acts of violent extremism and terrorism from being shown online. Ardern says she and Macron will ask world leaders and chief executives of technology companies to agree ... Read More »

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United Airlines agent charged after racial slur accusation

By The Associated Press on April 23rd, 2019

HOUSTON – A United Airlines airport agent is accused of using a racial slur against a customer and faces a misdemeanour charge of disorderly conduct. The charge against Carmella Davano was filed in municipal court in Houston last month after a Feb. 26 incident at Bush Intercontinental Airport. United says Davano has been removed from ... Read More »

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Kohl’s wants more of your Amazon returns

By Joseph Pisani, The Associated Press on April 23rd, 2019

NEW YORK – Kohl’s wants you to skip the post office and bring your Amazon returns to its stores. The department store chain said Tuesday that it will accept Amazon returns at all its 1,150 stores starting in July, expanding its nearly two-year test of the service from 100 stores. Kohl’s sees the partnership with ... Read More »

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Ex-GE engineer charged with stealing trade secrets for China

By Chris Carola, The Associated Press on April 23rd, 2019

ALBANY, N.Y. – A former General Electric engineer and his business partner in China were indicted Tuesday on charges they stole the company’s trade secrets from a New York plant for the Chinese government in what federal prosecutors called “a textbook example” of industrial espionage. The Department of Justice announced that Xiaoqing Zheng, 56, of ... Read More »

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Handful of US states are poised to legalize sports betting

By Matt Volz And Geoff Mulvihill, The Associated Press on April 23rd, 2019

HELENA, Mont. – The number of states allowing sports betting is poised to expand. Governors in Montana and Iowa are considering measures that would allow residents to wager on sports, while Indiana lawmakers are scheduled to approve their own version as early as Wednesday. Barring a veto, they would be the first states to approve ... Read More »

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Trump meets with Twitter CEO amid bias complaints

By Kevin Freking, The Associated Press on April 23rd, 2019

WASHINGTON – President Donald Trump said he had a “great meeting” Tuesday with Twitter CEO Jack Dorsey, hours after bashing the company and accusing it of not treating him well because he’s a Republican. Trump uses Twitter extensively to get his message out, particularly since the release of special counsel Robert Mueller’s report, including more ... Read More »

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CP Rail first-quarter profits jump 25 per cent despite winter weather woes

By Christopher Reynolds, The Canadian Press on April 23rd, 2019

Canadian Pacific Railway Ltd. missed expectations even though its profits surged 25 per cent during the winter quarter despite lower volumes caused by frigid temperatures and heavy snowfall. “What happened to us in February, especially in the first two weeks of March, was extraordinary,” chief executive Keith Creel told investors on a conference call Tuesday. ... Read More »

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American activist files suit to head off $750-million TransAlta-Brookfield deal

By The Canadian Press on April 23rd, 2019

CALGARY – An American activist investor trying to force change at TransAlta Corp. has launched a lawsuit to try to derail the power utility’s $750-million partnership deal with Brookfield Renewable Partners. The filing in Ontario comes after New York-based Mangrove Partners last week withdrew an application to the Alberta Securities Commission for a hearing to ... Read More »

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CP Rail first-quarter profit rises 25 per cent on higher crude revenues

By The Canadian Press on April 23rd, 2019

CALGARY – Canadian Pacific Railway Ltd. saw profits shoot up last quarter as crude-by-rail revenues increased and fuel costs declined. The Calgary-based company says its net income rose 25 per cent to $434 million in the quarter ended March 31, compared to $348 million in the same period in 2018. Quarterly revenues jumped to $1.77 ... Read More »

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Bank of Canada’s Poloz expected to signal longer hiatus on interest rates

By Andy Blatchford, The Canadian Press on April 23rd, 2019

OTTAWA – Bank of Canada governor Stephen Poloz will give his updated outlook for the economy Wednesday in an appearance that many expect will send stronger signals the interest rate will be on hold for months. Poloz will release new projections in a quarterly report that follows the economy’s sudden downshift in the final months ... Read More »

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