November 26th, 2024

Business

Government: US economy added 818,000 fewer jobs than first reported in year that ended in March

By The Associated Press on August 21st, 2024

WASHINGTON (AP) – The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday. The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the Federal Reserve’s plan to start cutting interest rates soon. The Labor Department ... Read More »

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Divers find 4 bodies during search of superyacht wreckage after it sank off Sicily, 2 more remain

By Nicole Winfield, Danica Kirka And Andrea Rosa, The Associated Press on August 21st, 2024

PORTICELLO, Sicily (AP) – Divers searching the wreck of a superyacht that sank off Sicily found four bodies Wednesday, as the search continued for two more missing passengers and questions intensified about why the vessel sank so quickly. Divers and rescue crews unloaded two body bags from the rescue vessels that pulled into port at ... Read More »

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Videotron adds destinations to Canada-International wireless plan

By The Canadian Press on August 21st, 2024

MONTREAL – Videotron is adding more countries where its customers with a Canada-International plan can use their mobile phones without worrying about roaming charges. The company says it’s adding 45 destinations where customers with a Canada-International plan can now use their phones. The increase brings the total number of international destinations included under the plan ... Read More »

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Divers find 2 bodies during search of superyacht wreckage after it sank off Sicily, 4 more remain

By Nicole Winfield, Danica Kirka And Andrea Rosa, The Associated Press on August 21st, 2024

PORTICELLO, Sicily (AP) – Divers searching the wreck of a superyacht that sank off Sicily found two bodies Wednesday, as the search continued for four more missing passengers and questions intensified about why the vessel sank so quickly. Divers and rescue crews unloaded one body bag from one of the rescue vessels that pulled into ... Read More »

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Divers recover at least 1 body during search of superyacht wreckage after it sank off Sicily

By Nicole Winfield, Danica Kirka And Andrea Rosa, The Associated Press on August 21st, 2024

PORTICELLO, Sicily (AP) – Divers searching the wreck of a superyacht that sank off Sicily recovered at least one body Wednesday, as the search continued for more missing passengers and questions intensified about why it sank so quickly. Divers and rescue crews unloaded a body bag from one of the rescue vessels that pulled into ... Read More »

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Ontario commuters to face disruptions if unprecedented rail work stoppage goes ahead

By The Canadian Press on August 21st, 2024

TORONTO – Thousands of Ontario commuters are looking at possible travel disruption as the clock ticks down on a work stoppage at one of Canada’s largest railways. Metrolinx says GO train service on the Milton line and at the Hamilton GO station would be suspended if there’s a strike or lockout at Canadian Pacific Kansas ... Read More »

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Rescue crews unload body bag in Sicily port as search continues after yacht sinking

By The Associated Press on August 21st, 2024

PORTICELLO, Sicily (AP) – Divers searching the wreck of a superyacht that sank off Sicily recovered at least one body Wednesday, as the search continued for more missing passengers and questions intensified about why the sailboat sank so quickly. Divers and rescue crews unloaded a body bag from one of the rescue vessels that pulled ... Read More »

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Stock market today: Wall Street rises after Target and other retailers top profit forecasts

By Yuri Kageyama And Matt Ott, The Associated Press on August 21st, 2024

NEW YORK (AP) – U.S. stocks are opening higher after more big companies delivered profit reports that topped analysts’ expectations. The S&P 500 rose 0.2% in early Wednesday trading. The Dow Jones Industrial Average added 110 points, or 0.3%, and the Nasdaq composite rose 0.2%. Target jumped after topping profit expectations for the spring. But ... Read More »

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Business groups call on federal government to prevent rail work stoppage

By The Canadian Press on August 21st, 2024

OTTAWA – A coalition of business groups is calling on the federal government to prevent a work stoppage at Canada’s two biggest railways. A phased shutdown of the networks at Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. is already underway as the clock ticks down on contact talks with the Teamsters Canada ... Read More »

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Target’s focus on lower prices in the grocery aisle start to pay off as comparable store sales rise

By Anne D'innocenzio, The Associated Press on August 21st, 2024

NEW YORK (AP) – Target’s comparable sales rose for the first time in a year as grocery aisle deals for cash-strapped customers began to pay off. Sales at stores and digital channels operating over at least the past 12 months rose 2% in the second quarter reversing months of declines, including a 3.7% drop in ... Read More »

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Former President Barack Obama tells Democratic convention to fight for America

By Kelly Geraldine Malone, The Canadian Press on August 20th, 2024

CHICAGO – Barack Obama cautioned the party faithful not to get distracted by the excitement building since Kamala Harris swiftly ascended to the top of the Democratic ticket as the former president capped off a night of powerful speeches at the Democratic National Convention. “For all the incredible energy we’ve been able to generate over ... Read More »

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