TikTok needs to do more to comply with Europe’s new digital rules, official says
By The Associated Press on July 18th, 2023
LONDON (AP) – TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said Tuesday. The results of a “stress test” that the popular video-sharing platform carried out at its Dublin office showed that “more work is needed to be fully ready” ... Read More »
Be the first to comment!CMHC says housing starts surged in June to slightly reverse downward trend
By Ian Bickis, The Canadian Press on July 18th, 2023
OTTAWA – Canada’s housing agency says the annual pace of housing starts in June posted its largest month-over-month increase in a decade to slightly reverse a downward trend seen in recent months. Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate of housing starts in Canada totalled 281,373 units in June, up from ... Read More »
1 responseGas leaked from bad fitting at Pennsylvania chocolate factory where 7 died in blast, report says
By Michael Rubinkam, The Associated Press on July 18th, 2023
Natural gas leaked from a defective fitting at a Pennsylvania chocolate factory where a powerful explosion leveled one building, heavily damaged another and killed seven people, federal safety investigators said Tuesday as they sought to pinpoint a cause. The leak at the R.M. Palmer Co. plant in West Reading was traced to a gas fitting ... Read More »
1 responseCybersecurity labeling for smart devices aims to help people choose those less vulnerable to hacking
By The Associated Press on July 18th, 2023
WASHINGTON (AP) – The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerable to hacking. Officials likened the new U.S. Cyber Trust Mark initiative – to be overseen by the Federal ... Read More »
1 responseWestern North Carolina tribe to vote on broader legalization of adult use of marijuana
By The Associated Press on July 18th, 2023
CHEROKEE, N.C. (AP) – Members of the Eastern Band of Cherokee Indians will vote in September on whether they want to legalize marijuana possession and sales on tribal lands for anyone 21 and older – not just for those seeking it for medical use that the North Carolina tribe had already authorized. The Tribal Council ... Read More »
1 responseGoodfood Market shares up after reporting $1.2M Q3 loss, improved margins
By The Canadian Press on July 18th, 2023
MONTREAL – Goodfood Market Corp. reported a loss of $1.2 million in its latest quarter compared with a loss of $21.1 million a year earlier as its sales fell, but margins improved. Shares in the meal kit company were up 6.5 cents or about 14 per cent at 52 cents in late-morning trading on the ... Read More »
1 responseSpain fines Apple and Amazon $218 million for elbowing out small retailers
By The Associated Press on July 18th, 2023
MADRID (AP) – Amazon and Apple were fined a total of 194 million euros ($218 million) Tuesday for colluding to box out competitors by favoring sales of Apple products directly from the online retail giant, Spain’s antitrust watchdog said. Amazon and Apple reached agreements in 2018 that limited the free competition of third-party sellers who ... Read More »
Be the first to comment!Energy stocks help boost S&P/TSX composite, U.S. stock markets mixed
By The Canadian Press on July 18th, 2023
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading as gains in the energy stocks helped lead the way higher, while U.S. stock markets were mixed. The S&P/TSX composite index was up 134.23 points at 20,361.02. In New York, the Dow Jones industrial average was up 362.97 points at ... Read More »
Be the first to comment!Stock market today: Big financial companies lead Wall Street higher after mixed economic data
By Stan Choe, The Associated Press on July 18th, 2023
NEW YORK (AP) – Stocks of several financial titans are leading Wall Street higher Tuesday following some mixed reports on the economy. The S&P 500 was 0.4% higher in midday trading, with the majority of the stocks in the index on the upswing. The Dow Jones Industrial Average was up 357 points, or 1%, at ... Read More »
Be the first to comment!Americans bump up spending in June as inflation eases in a strong jobs market
By Anne D'innocenzio, Paul Wiseman And Dee-ann Durbin, The Associated Press on July 18th, 2023
NEW YORK (AP) – Americans increased their spending last month as inflation eased in many areas, and the job market remained remarkably strong. Retail sales rose 0.2% from May to June, following a revised 0.5% increase the previous month, the Commerce Department reported Tuesday. The figure matched the pace of consumer inflation in June from ... Read More »
Be the first to comment!G20 finance chiefs end their meeting in India without consensus on the war in Ukraine
By Krutika Pathi, The Associated Press on July 18th, 2023
NEW DELHI (AP) – A meeting of finance chiefs and central bank governors of the Group of 20 leading economies ended on Tuesday in India without a consensus because of differences between countries over the war in Ukraine. Following two days of talks, there was no final communique. Instead, India, as the host nation, was ... Read More »
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