Tag Archives: business

AUSTIN, Texas - Austin city officials have cancelled the South by Southwest arts and technology festival. Mayor Steve Adler announced a local disaster as a precaution because of the threat of the nove...

VIENNA - OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price of crude caused by the new coronavirus outbreak's massive disrupti...

SAN FRANCISCO - Passengers on a cruise ship off the California coast were instructed to stay in their cabins as they awaited test results Friday that could show whether the coronavirus is circulating ...

TORONTO - Tim Hortons says it will temporarily stop accepting reusable cups brought in by customers amid concerns about the novel coronavirus outbreak. The company has also put on hold plans it had to...

OTTAWA - The unemployment rate in Canada nudged up a tenth of a percentage point to 5.6 per cent as the economy added 30,300 net new jobs in February, Statistics Canada said Friday. The agency said th...

TORONTO - Finance Minister Bill Morneau says the federal government will soon announce support for Canadians who have to be quarantined in order to prevent the spread of the new coronavirus. He also s...

The economic affects of the coronavirus have preceded the spread of the virus itself, with financial markets swinging wildly, companies closing offices or asking employees work from home in affected a...

VIENNA - The OPEC oil cartel is calling for a deep production cut to keep crude prices from falling further as disruption to global business from the coronavirus slashes demand from air travel and ind...

OTTAWA - Lush Cosmetics has launched a campaign calling on people to pressure the Canadian Parliament to back out of an agreement with the U.S. that governs refugee claims in both count...

WASHINGTON - The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the viral outbreak deepens. Mortga...