National Business

The new plan to encourage Americans to buy more electric vehicles built in North America, instead of just the United States, has cleared its tallest hurdle. After a marathon voting session that lasted nearly 24 hours, the U.S. Senate finally approved the new Inflation Reduction Act of 2022. Vice-President Kamala […]

NEW YORK (AP) – To understand the impact of surging inflation on this year’s back-to-school spending, look no further than children’s rain boots with motifs like frogs and ladybugs made by Washington Shoe Co. Spending held steady for these evergreen items even after the Kent, Washington-based business was forced to […]

NEW YORK (AP) – The virtual cat hero from the new video game sensation “Stray” doesn’t just wind along rusted pipes, leap over unidentified sludge and decode clues in a seemingly abandoned city. The daring orange tabby is helping real world cats as well. Thanks to online fundraising platforms, gamers […]

LONDON (AP) – British Airways said Tuesday that it’s suspending sales of short-haul flights from London’s Heathrow Airport for about a week, a response to the airport’s request to limit bookings to help ease travel disruptions caused by booming demand and staff shortages. The suspension applies to new bookings to […]

Tyler Perry will receive an honorary AARP award for uplifting communities and helping people “overcome various obstacles” through his foundation. The organization announced Thursday that Perry will receive the honorary AARP Purpose Prize award during a virtual ceremony on Oct. 25. The famed filmmaker-actor- philanthropist will be recognized for his […]

PARIS (AP) – French President Emmanuel Macron is welcoming Saudi Crown Prince Mohammed bin Salman to his presidential palace Thursday and offering him dinner in controversial talks that mark another step in the Saudi leader’s diplomatic rehabilitation — a move that has drawn harsh criticism in France after the gruesome […]

The existential crisis confronting Canada’s automotive industry may finally be over. U.S. Democrats Sen. Chuck Schumer and Sen. Joe Manchin have agreed to propose doing away with a tax-credit plan that favoured American-made electric vehicles. Instead, the Senate majority leader and the West Virginia moderate are proposing an amendment to […]

WASHINGTON (AP) – The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession. The decline that the Commerce Department reported Thursday in the gross domestic product – the broadest gauge […]

Facebook is letting violent hate speech slip through its controls in Kenya as it has in other countries, according to a new report from the nonprofit groups Global Witness and Foxglove. It is the third such test of Facebook’s ability to detect hateful language – either via artificial intelligence or […]

CALGARY – Canadian Pacific Railway Ltd. reported a lower profit despite higher revenue in its latest quarter. The Calgary-based railway reported a net income of $765 million in its second quarter, down from $1.25 billion in the same period last year. CP Rail reported adjusted earnings per share of 90 […]

HARARE, Zimbabwe (AP) – Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was announced Monday by the country’s central bank, the Reserve Bank of Zimbabwe, to boost confidence in […]

The NFL is making its move into offering its own media streaming platform. The league announced that “NFL+” launched on Monday. Owners were briefed about it during the league meetings in May, while Brian Rolapp, the NFL’s chief media and business officer, confirmed in a column for “Sports Illustrated” last […]