Tag Archives: business

CALGARY - Hundreds of Canadian employees of Royal Dutch Shell could be affected by its plan revealed Wednesday to cut between 7,000 and 9,000 jobs worldwide by the end of 2022. The company h...

SILVER SPRING, Md. - More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into fall. The National Association of Realtors said Wed...

WASHINGTON - The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will likely shrink this year, the f...

DETROIT - The worries are growing for United Airlines flight attendant Jordy Comeaux. In a few days, he'll be among roughly 40,000 airline workers whose jobs are likely to evaporate in an industry dec...

TORONTO - An Ontario court again extended an order suspending legal proceedings against three major tobacco companies on Tuesday as they continue work towards a settlement with their credito...

WASHINGTON - U.S. consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that were the norm before the pandemic struck. The Confer...

OTTAWA - The pace of Canada's economic rebound from the COVID-19 pandemic slowed in July, and maybe even more in August, Statistics Canada says, suggesting the country is in what experts described as ...

OTTAWA - The COVID-19 pandemic will leave a lasting scar on the Canadian economy that could produce permanent deficits, the parliamentary budget officer says in a report estimating this year's shortfa...

WASHINGTON - The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax bill to essentially zero are surprisingly common among major real estate developers and other ube...

WASHINGTON - The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 t...