October 14th, 2024

Children’s pain and fever relief medicine recalled due to risk of overdose

By The Canadian Press on January 18th, 2024

Drug manufacturer Teva Canada Ltd. is recalling one lot of a children’s pain and fever relief medicine because it contains too much acetaminophen and poses a risk of overdose. A recall notice published by Health Canada says routine product testing found a higher than acceptable amount of acetaminophen in the affected lot of Pediatrix Acetaminophen ... Read More »

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AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati

By Kelvin Chan And Jamey Keaten, The Associated Press on January 18th, 2024

DAVOS, Switzerland (AP) – Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum’s glitzy annual meeting in Davos. Breathtaking advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize ... Read More »

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Extreme cold weather causing oil spills in North Dakota; 60 reports over past week

By The Associated Press on January 18th, 2024

BISMARCK, N.D. (AP) – Bitter cold weather is causing a rash of spills in the oil fields of North Dakota as well as a slowdown in production, regulators say. North Dakota has seen multiple days of frigid weather with windchills at times reaching as low as minus 70 degrees (minus 57 Celsius) in its Bakken ... Read More »

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TD expects $141 million from Schwab holdings as U.S. banks report earnings

By The Canadian Press on January 18th, 2024

TORONTO – TD Bank Group says it expects to earn about 30 per cent less from its Charles Schwab Corp. holdings in its results next month than last year, as U.S. banks report earnings. TD says its holdings in Charles Schwab should translate to about $141 million in reported equity income for its first quarter ... Read More »

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Biden says US strikes against Houthi rebels will continue as bombardment has yet to deter militants

By Zeke Miller, The Associated Press on January 18th, 2024

WASHINGTON (AP) – President Joe Biden said Thursday that U.S. military strikes against against Iranian-back Houthi rebels in Yemen will continue, but acknowledges that the American and British bombardment has yet to stop shipping attacks by the militants on vessels in the Red Sea. Biden said the U.S. would continue the strikes in exchange with ... Read More »

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Biden says US strikes against Houthis will continue

By The Associated Press on January 18th, 2024

WASHINGTON (AP) – President Joe Biden said Thursday that U.S. military strikes against against Iranian-back Houthi rebels in Yemen will continue, but he acknowledged that the American and British bombardment has yet to stop shipping attacks by the militants on vessels in the Red Sea... Read More »

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Shares in Birchcliff Energy down more than 10% after cutting dividend in half

By The Canadian Press on January 18th, 2024

CALGARY – Shares of Birchcliff Energy Ltd. fell more 10 per cent in early trading after the company cut its quarterly dividend in half and lowered its expectations for capital spending and production for the year Birchcliff chief executive Chris Carlsen says the company is reducing its payment to shareholders in order to protect its ... Read More »

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Here’s when airlines owe you compensation

By The Canadian Press on January 18th, 2024

Under changes proposed by Canada’s transport regulator, the following reasons for a flight delay or cancellation would qualify travellers for compensation of up to $1,000 – though most already apply. – Flight crew or cabin crew shortage. – Other staff shortages at the airline. – Technical problems that are part of normal airline operations. – ... Read More »

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Flight delayed? Baggage lost? Here’s how to apply for compensation

By Christopher Reynolds, The Canadian Press on January 18th, 2024

Chad Rose was slated to take an afternoon flight from London, Ont., to Ottawa when WestJet cancelled his trip the day of. The airline put him in a taxi to Toronto’s Pearson airport during rush hour for an evening departure instead. But at midnight, it too was cancelled after an hours-long delay WestJet attributed to ... Read More »

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The drop in Panama Canal traffic due to a severe drought could cost up to $700 million

By Associated Press, The Associated Press on January 18th, 2024

PANAMA CITY (AP) – A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes. The new cuts announced Wednesday by authorities in Panama are set to deal an even greater economic blow than previously expected. Panama Canal ... Read More »

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US applications for jobless benefits fall to lowest level since September 2022

By Matt Ott, The Associated Press on January 18th, 2024

The number of Americans applying for unemployment benefits last week fell to its lowest level in more than a year, underscoring the resilience of the labor market despite elevated interest rates that are intended to cool the economy. Jobless claim applications fell to 187,000 for the week ending Jan. 13, a decrease of 16,000 from ... Read More »

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