Tag Archives: business

DUBAI CITY, United Arab Emirates - President Donald Trump said Thursday that he expects Saudi Arabia and Russia will dramatically cut production and end an oil war that sent energy prices to record lo...

NEW YORK - The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks in the swiftest, most stunning collapse the U.S. job market has ever witnessed, and the public health ...

OTTAWA - Finance Minister Bill Morneau says imposing hard and fast rules about who can receive federal aid to weather the economic shock from COVID-19 was the only way to get the money out the door fa...

WASHINGTON - More than 6.6 million Americans applied for unemployment benefits last week - doubling a record high set just one week earlier - a sign that layoffs are accelerating in the midst of the c...

A quick look at some of the federal COVID-19 benefit programs and who qualifies for assistance: Canada Emergency Response Benefit The CERB pays a monthly $2,000 payment to workers who wouldn't ot...

OTTAWA - Parliamentarians will soon find themselves voting anew on spending measures to help the country to combat the financial fallout from COVID-19 - help that is going to cost the federal tre...

WASHINGTON - Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak. The Institute for Supply Management, an asso...

HALIFAX - A historic Canadian undergarment factory famed for long johns and boxer shorts is about to rapidly reinvent itself as a domestic producer of medical gowns. Stan...

WASHINGTON - President Donald Trump is poised to roll back ambitious Obama-era vehicle mileage standards and raise the ceiling on damaging fossil fuel emissions for years to come, gutting one of the U...

OTTAWA - Canadian businesses desperate for details about the federal government's promised wage subsidy program will have to wait a little longer for answers. A news conference planned for T...