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Tag Archives:
business
National unemployment rate hits new record even as economy adds jobs
OTTAWA - Canada's employment minister says the federal government is rethinking a key COVID-19 benefit so workers have more incentive to get back on the job, in an effort to maintain a surprising...
The Canadian Press
Jun 05, 2020
U.S. trade gap rises to $49.4 billion in April
WASHINGTON - The U.S. trade deficit hit the highest level in eight months in April. Exports and imports both posted record monthly drops as the coronavirus pandemic smothered America's commerce with o...
The Canadian Press
Jun 04, 2020
Stockwell Day steps down from several roles after comments about racism
A former Canadian Alliance leader and Conservative MP has resigned from Telus' board of directors and as a strategic adviser to a law firm after comparing racism to his experience of being mocked in s...
The Canadian Press
Jun 03, 2020
Pilgrim’s Pride CEO among indicted for chicken price fixing
WHEAT RIDGE, Colo. - The CEO of Pilgrim's Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing. The U.S. Department of Justice said a federa...
The Canadian Press
Jun 03, 2020
Fed approves expansion of state and local support program
WASHINGTON - The Federal Reserve has approved an expansion of its $500 billion emergency program to support state and local governments. The expansion will allow all states to have at least two cities...
The Canadian Press
Jun 03, 2020
Garneau expands required use of face masks on planes, trains, ships and transit
OTTAWA - Federal Transport Minister Marc Garneau is expanding the required use of face coverings on planes, trains, ships and transit to reduce the spread of COVID-19. Effective at noon on Thursd...
The Canadian Press
Jun 03, 2020
Trump administration moves to block Chinese airlines from US
The Trump administration moved Wednesday to block Chinese airlines from flying to the U.S. in an escalation of trade and diplomatic tensions between the two countries. The Transportation Department sa...
The Canadian Press
Jun 03, 2020
US service sector contracts for second month in May
WASHINGTON - The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country. Activity did rise from levels last month that had...
The Canadian Press
Jun 03, 2020
Bank of Canada keeps key rate target on hold, expects return to growth in Q3
OTTAWA - The economy appears to have avoided a worst-case scenario due to the COVID-19 pandemic, the Bank of Canada said Wednesday as it kept its key interest rate steady at its lower bound....
The Canadian Press
Jun 03, 2020
Astronauts ring opening bell for Nasdaq from space station
CAPE CANAVERAL, Fla. - The astronauts launched into orbit by SpaceX joined in the ringing of the opening bell for the Nasdaq on Tuesday to mark "a pivotal moment" for the space economy. NASA astronaut...
The Canadian Press
Jun 02, 2020
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Milligan Jr., Hus win hardware at 2024 CFL awards
1h ago
Rolan Milligan Jr. needed to be convinced by his wife to attend the CFL awards and he's happy he listened. Milligan pick...
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