By David Eggert The Associated Press MACKINAC ISLAND, Mich. — Gov. Rick Snyder and legislative leaders on Wednesday committed up to $50 million to upgrade the Soo Locks, a bid to persuade the federal government to fund the long-sought $1 billion proposal to build a second large lock that allows […]
National Business
By Dan Joling The Associated Press ANCHORAGE, Alaska — Northern sea otters, once hunted to the brink of extinction along Alaska’s Panhandle, have made a spectacular comeback by gobbling some of the state’s finest seafood and fishermen are not happy about the competition. Sea otters dive for red sea urchins, […]
By Tara Deschamps The Canadian Press TORONTO — Buyers in Canada’s most overheated real estate markets paid an average of $229,000 extra per home between 2007 and 2016 because of regulations making it difficult for builders to construct more single-family houses, said a new study. Research from the C.D. Howe […]
The Canadian Press TORONTO–Canadian Tire Corp. Ltd. has signed a deal to buy Helly Hansen, a maker of sportswear and workwear based in Norway, for $985 million. Under the deal for the company controlled by the Ontario Teachers’ Pension Plan, Canadian Tire also assumes $50 million in debt. The retailer […]
The Canadian Press TORONTO — Canadian Tire Corp. Ltd. has signed a deal to buy Helly Hansen, a maker of sportswear and workwear based in Norway, for $985 million. Under the deal for the company controlled by the Ontario Teachers’ Pension Plan, Canadian Tire also assume $50 million in debt. […]
By Christopher Rugaber And Dake Kang The Associated Press WASHINGTON — With the threat of tariffs and counter-tariffs between Washington and Beijing looming,Chinese buyers are cancelling orders for U.S. soybeans, a trend that could deal a blow to American farmers if it continues. At the same time, farmers in China […]
By Martin Crutsinger And Angela Charlton The Associated Press WASHINGTON — Major companies, particularly in Europe, could see billions of dollars in commercial deals cancelled because of the U.S. decision to reinstall sanctions on Iran, though the ultimate impact remains unclear due to the possibility of renegotiations and exemptions, experts […]
By Michael Liedtke The Associated Press SAN JOSE, Calif. — Apple’s tax break on its overseas profits is turning into a $102 billion boon for shareholders. The iPhone maker is raising its quarterly dividend by 16 per cent to 73 cents per share, matching the largest increase since Apple restored […]
By Lisa Rathke The Associated Press EAST MONTPELIER, Vt. — Producers of pure maple syrup and honey aren’t sweet on a plan to label their pure natural products as containing added sugars. They say the U.S. Food and Drug Administration’s upcoming requirement to update nutrition labels to tell consumers that […]
By Christopher Rugaber And Ken Thomas The Associated Press WASHINGTON — The White House is postponing a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. […]
By Matt O’Brien The Associated Press For Microsoft, Windows is no longer a core business so much as a complement to the company’s other offerings. The company still makes money from Windows, the computer operating system that helped catapult the Microsoft brand to success more than three decades ago. But […]
By Emily Schmall The Associated Press FORT WORTH, Texas — The humble pecan is being rebranded as more than just pie. Pecan growers and suppliers are hoping to sell U.S. consumers on the virtues of North America’s only native nut as a hedge against a potential trade war with China, […]
