Business
Teck Resources board of directors rejects latest Glencore takeover bid
By The Canadian Press on April 13th, 2023
VANCOUVER – Teck Resources Ltd. says its board of directors has rejected the latest takeover offer from Swiss company Glencore. The Canadian mining company says the revised offer is not in the best interest of shareholders. Teck says its board and management team remain committed to its plan announced in February to split up its ... Read More »
Be the first to comment!Canadian Press NewsAlert: Teck Resources board rejects latest Glencore takeover bid
By The Canadian Press on April 13th, 2023
VANCOUVER – Canadian mining company Teck Resources Ltd. says its board of directors has rejected the latest takeover offer from Swiss company Glencore. More coming. Companies in this story: (TSX:TECK.B)... Read More »
Be the first to comment!US wholesale inflation pressures eased sharply last month
By Paul Wiseman, The Associated Press on April 13th, 2023
WASHINGTON (AP) – U.S. wholesale prices fell last month, a sign that inflationary pressures in the economy are easing more than a year after the Federal Reserve began aggressively raising interest rates. From February to March, the government’s producer price index dropped 0.5% as energy prices plunged after having been unchanged from January to February. ... Read More »
Be the first to comment!Hudbay Minerals strikes all-stock deal to buy Copper Mountain Mining worth US$439M
By The Canadian Press on April 13th, 2023
TORONTO – Hudbay Minerals Inc. says it has struck a deal to buy Copper Mountain Mining Corp. in an all-stock deal it valued at US$439 million. The companies say the combination will create an Americas-focused copper mining company with an operating portfolio of three long-life mines, as well as a pipeline of copper expansion and ... Read More »
Be the first to comment!Corus Entertainment reports $15.5M Q2 loss, revenue down from year ago
By The Canadian Press on April 13th, 2023
TORONTO – Corus Entertainment Inc., the parent company of Global Television, reported a loss in its latest quarter compared with a profit a year ago, as its revenue fell five per cent. The television and radio broadcaster says its loss attributable to shareholders was $15.5 million or eight cents per diluted share for the quarter ... Read More »
Be the first to comment!Biden to expand some migrants’ health care access: officials
By Zeke Miller, Amanda Seitz And Michael Balsamo, The Associated Press on April 13th, 2023
WASHINGTON (AP) – President Joe Biden is set to announce that his administration is expanding eligibility for Medicaid and the Affordable Care Act’s health insurance exchanges to hundreds of thousands of immigrants brought to the U.S. illegally as children, according to two U.S. officials briefed on the matter. The action will allow participants in the ... Read More »
Be the first to comment!Biden to expand migrant access to health plans: US officials
By Zeke Miller, Amanda Seitz And Michael Balsamo, The Associated Press on April 13th, 2023
WASHINGTON (AP) – President Joe Biden is set to announce that his administration is expanding eligibility for Medicaid and the Affordable Care Act’s health insurance exchanges to hundreds of thousands of immigrants brought to the U.S. illegally as children, according to two U.S. officials briefed on the matter. The action will allow participants in the ... Read More »
Be the first to comment!US officials: Biden to expand migrant access to health plans
By Zeke Miller, Amanda Seitz And Michael Balsamo, The Associated Press on April 13th, 2023
WASHINGTON (AP) – President Joe Biden is set to announce that his administration is expanding eligibility for Medicaid and the Affordable Care Act’s health insurance exchanges to hundreds of thousands of immigrants brought to the U.S. illegally as children, according to two U.S. officials briefed on the matter. The action will allow participants in the ... Read More »
Be the first to comment!Drought will cause crop failures in Spain, farmers warn
By The Associated Press on April 13th, 2023
MADRID (AP) – Drought now affects 60% of the Spanish countryside, with crops like wheat and barely in four regions likely to fail entirely, the main Spanish farmers association said on Thursday. Spain’s long-term drought is causing “irreversible losses” to more than 3.5 million hectares of crops, the Coordinator of Farmers and Ranchers Organizations said ... Read More »
Be the first to comment!Rise in ‘illegal’ taxis puts Montreal passengers at risk, airport authority warns
By Christopher Reynolds, The Canadian Press on April 13th, 2023
MONTREAL – The Montreal airport has an illegal taxi problem, says its regulatory authority, which is calling for a crackdown. Since January, nearly 400 tickets for infractions related to vehicles operating without a proper permit have been issued, according to the Aéroports de Montréal (ADM). “Sometimes we see taxis with fake Uber stickers on their ... Read More »
Be the first to comment!RBC biggest fossil fuel funder globally in 2022 at US$42B: report
By The Canadian Press on April 13th, 2023
TORONTO – A report from a coalition of environmental groups shows that Royal Bank of Canada was the biggest fossil fuel financier in the world last year after providing over US$42 billion in funding. The annual Banking on Climate Chaos report shows the bank’s funding between 2016 and 2021 put it as the fifth-largest fossil ... Read More »
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