Business
Booties. Indoor dog parks. And following the vet’s orders. How to keep pets cool this summer
By Terry Tang, The Associated Press on July 25th, 2024
PHOENIX (AP) – As much of the world swelters, it’s not just people who need help with the dog days of summer. Pet owners have to consider how to both shield and cool down furry family members as intense – at times deadly – heat waves become more common. “It’s really important to remember that ... Read More »
Be the first to comment!Fewer Americans file for jobless claims as applications remain at elevated, but not troubling levels
By Matt Ott, The Associated Press on July 25th, 2024
Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels. Jobless claims for the week ending July 20 fell by 10,000 to 235,000 from 245,000 the previous week, the Labor Department reported Thursday. It’s the ninth straight week claims came in above 220,000. Before that stretch, claims ... Read More »
Be the first to comment!US economic growth increased last quarter to a healthy 2.8% annual rate
By Paul Wiseman, The Associated Press on July 25th, 2024
WASHINGTON (AP) – The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates. Thursday’s report from the Commerce Department said the gross domestic product – the economy’s total output of goods and services – picked up in the ... Read More »
Be the first to comment!Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter
By The Canadian Press on July 25th, 2024
CALGARY – Veren Inc. reported its profit rose in its latest quarter to $261 million from $212.3 million a year ago. The oil and gas producer formerly known as Crescent Point Energy Corp. says that amounted to 42 cents per share for the quarter ended June 30 compared with a profit of 39 cents per ... Read More »
Be the first to comment!Aircraft maker Bombardier reports Q2 profit and revenue grow from year ago
By The Canadian Press on July 25th, 2024
MONTREAL – Bombardier Inc. reported a second-quarter profit of US$19 million, up from a loss of US$35 million a year earlier, as its revenue grew 32 per cent. The Montreal-based aircraft maker, which keeps its books in U.S. dollars, says the profit amounted to 12 cents US per diluted share for the quarter ended June ... Read More »
Be the first to comment!Loblaw’s second quarter profit down after agreeing to settle price-fixing lawsuit
By The Canadian Press on July 25th, 2024
BRAMPTON, Ont. – Grocery and drugstore retailer Loblaw Cos. Ltd. reported its second-quarter profit decreased compared with a year ago. The parent company of Loblaws and Shoppers Drug Mart says it earned a profit available to common shareholders of $457 million or $1.48 per diluted share for the quarter ended June 15. The result was ... Read More »
Be the first to comment!Loblaw, George Weston to settle class action over bread price-fixing for $500 million
By The Canadian Press on July 25th, 2024
Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500-million to settle a class-action lawsuit regarding their involvement in an alleged bread price-fixing scheme. The class-action case was brought against a group of companies that includes Loblaw and the Weston companies, Metro, Walmart Canada, Giant Tiger and Sobeys ... Read More »
Be the first to comment!Southwest breaks 50-year tradition, plans to start assigning seats
By The Associated Press on July 25th, 2024
Southwest Airlines is doing away with its 50-year tradition and plans to start assigning seats, as well as premium seating for customers who are seeking more legroom. The airline said Thursday that it has been studying customer preferences and expectations and is making the changes because of what they’ve heard, but it could also generate ... Read More »
Be the first to comment!Can B.C.’s southern resident orcas be taken off the path to extinction?
By Brenna Owen, The Canadian Press on July 25th, 2024
The southern resident killer whale known as Tahlequah captured global sympathy in 2018 when she pushed the body of her dead calf for more than two weeks in waters off British Columbia’s south coast. Some scientists and advocates called the scene a display of public grief. But the impact of the loss went beyond Tahlequah. ... Read More »
Be the first to comment!Publisher Jimmy Lai will testify in his defense at Hong Kong national security trial, lawyer says
By Kanis Leung, The Associated Press on July 24th, 2024
HONG KONG (AP) – A defense lawyer said Thursday that prominent publisher Jimmy Lai will testify in his defense in the landmark national security trial brought under a Beijing-imposed law that has all but wiped out public dissent. Lai, the 76-year-old founder of the now-defunct Apple Daily newspaper, was arrested in 2020 during a crackdown ... Read More »
Be the first to comment!US files details of Boeing’s plea deal related to plane crashes. It’s in the hands of a judge now
By David Koenig, The Associated Press on July 24th, 2024
The Justice Department submitted an agreement with Boeing on Wednesday in which the aerospace giant will plead guilty to a fraud charge for misleading U.S. regulators who approved the 737 Max jetliner before two of the planes crashed, killing 346 people. The detailed plea agreement was filed in federal district court in Texas. The American ... Read More »
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