June 24th, 2018

Business

Alexa, I can trust you with my checkbook, right?

By Ken Sweet, The Associated Press on June 20th, 2018

NEW YORK – Hey Alexa, what’s my bank account balance? Big banks and financial companies have started to offer banking through virtual assistants – Amazon’s Alexa, Apple’s Siri, and Google’s Assistant – in a way that will allow customers to check their balances, pay bills and, in the near future, send money just with their ... Read More »

Be the first to comment!

Disney ups Twenty-First Century Fox to more than $70.3B

By The Associated Press on June 20th, 2018

NEW YORK – Disney is making a $70.3 billion counterbid for Fox’s entertainment businesses following Comcast’s $65 billion offer for the company. The battle for Twenty-First Century Fox reflects a new imperative among entertainment and telecommunications firms. They are amassing ever more programming to better compete with technology companies such as Amazon and Netflix for ... Read More »

Be the first to comment!

Summer drinks may lack fizz amid carbon dioxide shortage

By The Associated Press on June 20th, 2018

LONDON – A British trade group says there’s a shortage of carbon dioxide in Northern Europe, sparking fears that drinks may lack fizz just as thirsty soccer fans fill pubs for the World Cup. Gavin Partington, director-general of the British Soft Drinks Association, says the shortage is due to the closure of several production sites ... Read More »

Be the first to comment!

Fixing a massive NYC plumbing leak, 55 stories underground

By Michael Hill, The Associated Press on June 20th, 2018

NEWBURGH, N.Y. – New York City is in the midst of a plumbing repair job of monumental proportions. Hard-hat workers are toiling deep underground, 55 stories beneath the Hudson River, to eliminate gushing leaks in an aging tunnel that carries half the city’s water supply over 85 miles from Catskill Mountain reservoirs. Using a cylindrical, ... Read More »

Be the first to comment!

Aurora Cannabis to spin off U.S. holdings to publicly traded Australis Capital

By The Canadian Press on June 20th, 2018

EDMONTON – Aurora Cannabis Inc. is planning to spin off its Australis Capital subsidiary as a separate entity that would focus primarily on investing in the U.S. cannabis and real estate sectors. The spin-off will be achieved by distributing shares and warrants of the new company – to be listed on the Canadian Security Exchange. ... Read More »

Be the first to comment!

Delta orders 20 Bombardier CRJ900 regional jets: list price US$961 million

By The Canadian Press on June 20th, 2018

MONTREAL – Bombardier Inc. says Delta Air Lines Inc. will buy 20 CRJ900 regional jets with a list price totalling about US$961 million. The actual price paid by Delta for the 70-seat planes hasn’t been announced. They will fly under the Delta Connection brand. Bombardier Commercial Aircraft says the Atlanta-based airline will take delivery of ... Read More »

Be the first to comment!

Flair Airlines moving headquarters from Kelowna, B.C, to Edmonton

By The Canadian Press on June 19th, 2018

EDMONTON – Flair Airlines Ltd. has found a new place to roost. The low-cost carrier says it is moving its headquarters from Kelowna, British Columbia, to Edmonton. Flair CEO David Tait say the change makes sense because most of the company’s flights already go through Edmonton International Airport. Tait says the move would bring 75 ... Read More »

Be the first to comment!

B.C. judge approves Victoria’s plastic bag bylaw going into effect in July

By The Canadian Press on June 19th, 2018

VICTORIA – The mayor of Victoria is hailing a court victory allowing the city to enact a bylaw that will prohibit grocery stores from offering or selling plastic bags to shoppers. Lisa Helps says in a news release that the B.C. Supreme Court decision represents an important step in moving away from unsustainable business practices ... Read More »

Be the first to comment!

Mobile carriers cut off flow of location data to brokers

By Frank Bajak, The Associated Press on June 19th, 2018

Verizon, AT&T and Sprint have pledged to stop providing information on phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. The data has apparently allowed outside companies to pinpoint the location of wireless devices without their owners’ knowledge or consent. Verizon said that about 75 ... Read More »

Be the first to comment!

Fox News Channel faces backlash from Hollywood creators

By David Bauder, The Associated Press on June 19th, 2018

NEW YORK – Fox News Channel faces a growing backlash among Hollywood creators that intensified Tuesday following Laura Ingraham’s description of “zero tolerance” detention facilities for children separated from their parents as “essentially summer camps.” “Modern Family” co-creator Steve Levitan raised the possibility of no longer working with the 20th Century Fox television studio after ... Read More »

Be the first to comment!