Business
Walmart boosts its outlook for 2024 with bargains proving a powerful lure for the inflation weary
By Anne D'innocenzio, The Associated Press on August 15th, 2024
NEW YORK (AP) – Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything else. The nation’s largest retailer also raised its full-year outlook. Walmart Inc. reported earnings of $4.5 ... Read More »
Be the first to comment!Walmart boosts outlook for the 2024 with bargains proving a powerful lure for the inflation weary
By Anne D'innocenzio, The Associated Press on August 15th, 2024
NEW YORK (AP) – Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything else. The nation’s largest retailer also raised its full-year outlook. Walmart Inc. reported earnings of $4.5 ... Read More »
Be the first to comment!White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly
By Amanda Seitz And Zeke Miller, The Associated Press on August 15th, 2024
WASHINGTON (AP) – The Biden administration is taking a victory lap after federal officials inked deals with drug companies to lower the price for 10 of Medicare’s most popular and costliest drugs, but shared few immediate details about the new price older Americans will pay when they fill those prescriptions. White House officials said Wednesday ... Read More »
Be the first to comment!‘Long haul’: Sense of community key as Jasper rebuilds, former Slave Lake mayor says
By Jack Farrell, The Canadian Press on August 15th, 2024
The former mayor of a northern Alberta town ravaged by wildfire more than a decade ago says community ties will be key as Jasper, Alta., recovers from the blaze that swept through last month. Wildfires destroyed 358 homes and businesses in the Rocky Mountain tourist hot spot three weeks ago, totalling an estimated $283 million ... Read More »
Be the first to comment!Why it took nearly a year to link multiple Listeria cases to some plant-based milks
By Hannah Alberga, The Canadian Press on August 15th, 2024
The Public Health Agency of Canada says it was only after multiple Listeria cases emerged in Ontario in June that it recognized a broader outbreak that had started back in August 2023. Questions have swirled around why it took nearly a year for the Canadian Food Inspection Agency to announce a national recall of several ... Read More »
Be the first to comment!Wally Amos, 88, of cookie fame, died at home in Hawaii. He lost Famous Amos but found other success
By Jennifer Sinco Kelleher, The Associated Press on August 14th, 2024
HONOLULU (AP) – Wallace “Wally” Amos, the creator of the cookie empire that took his name and made it famous and who went on to become a children’s literacy advocate, has died. He was 88. Amos created the Famous Amos cookie empire and eventually lost ownership of the company – as well as the rights ... Read More »
Be the first to comment!Corus shuts down Hamilton radio station, amid other ‘necessary changes’
By The Canadian Press on August 14th, 2024
TORONTO – Corus Entertainment is making several structural changes to cut costs, including shuttering its 900 CHML radio station in Hamilton after decades on the air. In a statement Wednesday evening, communications specialist Anna Arnone said the company is making some “difficult but necessary changes to ensure a sustainable future for Corus.” These changes will ... Read More »
Be the first to comment!Edward Rogers becomes executive chair of Rogers Communications
By The Canadian Press on August 14th, 2024
TORONTO – Rogers Communications says Edward Rogers is becoming the company’s executive chair effective immediately. The company says Rogers, previously chairman, will lead the development and review of the company’s long-term strategy for growth. Lead director Robert Gemmell says the appointment merely formalizes the role Rogers has already been performing at the company. The firm ... Read More »
Be the first to comment!Court appoints receiver at Yukon mine after cyanide-contaminated ore slide: minister
By The Canadian Press on August 14th, 2024
WHITEHORSE – Yukon Justice Minister Tracy-Anne McPhee says a judge has granted an order appointing a receiver to take control of assets at a gold mine closed after a massive slide of cyanide-contaminated ore. McPhee says in a statement that the government has lost confidence in Victoria Gold to take the health, safety and environmental ... Read More »
Be the first to comment!B.C. adds $2.65B for Fraser Valley Highway 1 improvement initiative
By The Canadian Press on August 14th, 2024
LANGLEY, B.C. – The British Columbia government is providing $2.65 billion for upgrades to Highway 1 through the Fraser Valley in an effort to relieve traffic congestion and ease daily commutes between the communities of Langley and Abbotsford. The funding will go toward upgrades between Mount Lehman Road west of downtown Abbotsford to Highway 11 ... Read More »
Be the first to comment!Both vessels made mistakes in Vancouver harbour before capsize, TSB report says
By The Canadian Press on August 14th, 2024
RICHMOND, B.C. – The Transportation Safety Board says mistakes by both the operators of a cargo ship and a pleasure craft resulted in the smaller boat being overturned in Vancouver’s harbour. A report from the board released Wednesday says the pleasure craft had been rented from Granville Island Boat Rentals on Oct. 15, 2022, for ... Read More »
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