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Canada & World
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business
Penguin to buy Simon & Schuster, create publishing giant
BERLIN - German media giant Bertelsmann said Wednesday that its Penguin Random House division is buying rival Simon & Schuster in a megadeal that would reshape the U.S. publishing industry. Pengui...
The Canadian Press
Nov 25, 2020
Unchanged from early estimate, US economy grew 33.1% in Q3
WASHINGTON - The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%. But a resurgence in the coronavirus is expected to slow growth sharply...
The Canadian Press
Nov 25, 2020
Picture of US economy is worrisome as virus inflicts damage
WASHINGTON - Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recove...
The Canadian Press
Nov 25, 2020
Despite reduction, Canada calls U.S. softwood lumber duties 'unfair,' 'unjustified'
WASHINGTON, D.C. - The federal government says American duties on Canadian softwood lumber exports continue to be "unfair" and "unjustified," even if they have been reduced. An administrative re...
The Canadian Press
Nov 24, 2020
Nova Scotia imposes tough restrictions on Halifax after 37 new COVID cases reported
HALIFAX - Atlantic Canada's largest city will be subject to sweeping restrictions that stop just short of a full lockdown for the next two weeks as the province moves to head off a continuing surge in...
The Canadian Press
Nov 24, 2020
US consumer confidence drops to 96.1 as virus spreads
WASHINGTON - U.S. consumer confidence fell to a reading of 96.1 in November as rising coronavirus cases pushed American optimism down to the lowest level since August. The November reading released Tu...
The Canadian Press
Nov 24, 2020
Cineworld secures financial help until hoped-for reopening
LONDON - Cineworld, which last month closed its cinemas in the U.S. and the U.K., has secured more than $750 million of new financing that it hopes will see it through the coronavirus pandemic. In a s...
The Canadian Press
Nov 23, 2020
Asia Today: South Korea capital announces new virus controls
SEOUL, Korea, Republic Of - Authorities in the South Korean capital on Monday announced a tightening of social distancing regulations, including shutting nightclubs, limiting service hours at restaura...
The Canadian Press
Nov 23, 2020
Tourists few, NY gift shops struggle but don't lose (heart)
NEW YORK - In souvenir shops from Times Square to the World Trade Center, shelves full of T-shirts and trinkets still (heart) New York. But the proprietors wonder when their customers will, again. The...
The Canadian Press
Nov 23, 2020
Rights experts: Japan's handling of Carlos Ghosn was wrong
GENEVA - A panel of human rights experts working with the United Nations said Monday that former Renault-Nissan boss Carlos Ghosn was wrongly detained in Japan and has urged "compensation" for him fro...
The Canadian Press
Nov 23, 2020
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