Business
Baffinland requests further production increase at Nunavut iron ore mine
By The Canadian Press on April 25th, 2023
POND INLET, Nunavut – The owner of an iron ore mine on the tip of Baffin Island says it needs to again increase production to prevent job losses, and several federal cabinet ministers are calling on a Nunavut environmental assessment agency to prioritize the request. Baffinland Iron Mines Corp. wants to increase the amount of ... Read More »
Be the first to comment!For N.S. welfare recipients, budget freeze by Tories in inflationary times hurts
By Michael Tutton, The Canadian Press on April 25th, 2023
HALIFAX – Sandra Page wonders how the Nova Scotia government expects her to remain healthy after its recent budget froze welfare payments despite more than a year of high inflation. “I sometimes go to ask for help out on the street – panhandling – which I shouldn’t have to do,” she said during a recent ... Read More »
Be the first to comment!CN Rail unveils new continental shipping service in bid to match rival’s vast network
By Christopher Reynolds, The Canadian Press on April 24th, 2023
MONTREAL – Canadian National Railway Co. announced a new North American container shipping service Monday, upping its financial forecast for the year on the heels of record first-quarter revenues brought on by a bumper grain crop and higher oil prices. Dubbed Falcon Premium, the intermodal service marks an agreement between CN, Union Pacific Railroad and ... Read More »
Be the first to comment!Fox News ousts Tucker Carlson, its most popular host
By David Bauder, The Associated Press on April 24th, 2023
NEW YORK (AP) – Fox News on Monday ousted prime-time host Tucker Carlson, whose stew of grievances and political theories about Russia and the Jan. 6 insurrection had grown to define the network in recent years and make him an influential force in GOP politics. Fox said that the network and Carlson had “agreed to ... Read More »
Be the first to comment!S&P/TSX composite ticks down as energy stocks balance softness, U.S. markets mixed
By Rosa Saba, The Canadian Press on April 24th, 2023
TORONTO – Canada’s main stock index edged downward to start the week as strong energy stocks helped balance out softness in financials, tech and battery metals, while U.S. markets were mixed. The S&P/TSX composite index was down 16.41 points at 20,676.74. In New York, the Dow Jones industrial average was up 66.44 points at 33,875.40. ... Read More »
Be the first to comment!CN Rail rides higher grain volumes, oil prices to record first-quarter revenue
By The Canadian Press on April 24th, 2023
MONTREAL – Canadian National Railway Co. says it reaped record first-quarter revenues due to a bumper grain crop and higher oil prices. CN is reporting revenues of $4.31 billion for the quarter ended March 31, a 16 per cent boost from $3.71 billion a year earlier. The Montreal-based company says net income jumped to $1.22 ... Read More »
Be the first to comment!Don Lemon fired from CNN after divisive morning show run
By David Bauder, The Associated Press on April 24th, 2023
NEW YORK (AP) – CNN fired longtime host Don Lemon on Monday following his short and disastrous run as a morning show host, a little over two months after he apologized for on-air comments about Republican presidential candidate Nikki Haley being past her prime. The move quickly turned nasty. While CNN chairman and CEO Chris ... Read More »
Be the first to comment!Stocks drift ahead of deluge of earnings, economic data
By Stan Choe, The Associated Press on April 24th, 2023
NEW YORK (AP) – Stocks drifted ahead of reports that could offer clues on questions that have kept Wall Street at a standstill, including on where the economy and corporate profits are heading. The S&P 500 edged up 0.1% Monday, while other indexes were mixed. More than 170 companies in the S&P 500 are scheduled ... Read More »
Be the first to comment!Famous Twitter users disavow Musk over verification return
By The Associated Press on April 24th, 2023
SAN FRANCISCO (AP) – Celebrities, professional athletes and other high-profile Twitter users are once again being verified by the social media platform and they don’t know why their blue check marks reappeared – nor do they seem too happy about it. Twitter removed the blue marks last week from accounts that don’t pay a monthly ... Read More »
Be the first to comment!UN: By month’s end, India population to be world’s largest
By Krutika Pathi And Joe Mcdonald, The Associated Press on April 24th, 2023
NEW DELHI (AP) – India will be the world’s most populous country by the end of this month, eclipsing an aging China, the United Nations said Monday. The milestone raises questions about whether India can repeat the economic success that has made China central to the world’s economy and a leading global power. The news ... Read More »
Be the first to comment!Five things to know about Ottawa’s tightened passenger rights and compensation rules
By Sammy Hudes, The Canadian Press on April 24th, 2023
Transport Minister Omar Alghabra detailed a list of proposed reforms on Monday which he said are designed to close loopholes used by airlines to avoid paying fees under Ottawa’s passenger rights rules. The amendments to Ottawa’s passenger rights charter were tabled in the House of Commons on Thursday as part of Bill C-47, the Budget ... Read More »
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