By Anne D’Innocenzio The Associated Press NEW YORK — Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon’s increasing dominance, The world’s largest retailer, based in Bentonville, Arkansas, said Wednesday it will change its legal name […]
National Business
The Associated PressDavid A. Lieb JEFFERSON CITY, Mo.–More than a dozen states banded together yesterday to ask the U.S. Supreme Court to block a California law requiring any eggs sold there to come from hens that have space to stretch out in their cages. In a lawsuit filed directly to […]
By Ross Marowits The Canadian Press MONTREAL — Canada’s largest bank is joining global tech giants in setting up a research lab in Montreal to take advantage of the city’s growing artificial intelligence expertise. The Royal Bank of Canada will open a Borealis AI lab in the new year, joining […]
By Grant Schulte The Associated Press LINCOLN, Neb. — Nebraska regulators Monday approved a Keystone XL oil pipeline route through the state, breathing new life into the long-delayed $8 billion project, although the chosen pathway is not the one preferred by the company that hopes to build it and could […]
By David Hodges The Canadian Press TORONTO — A report released on Monday suggests that 87 per cent of Canadian cannabis companies believe that consolidation is inevitable over the next three years, leaving only a few large players post-legalization. Consultancy firm EY’s survey of 11 licensed producers with varying size […]
By Matthew Perrone The Associated Press WASHINGTON — Big Tobacco companies return to TV this weekend, decades after they were banned from the airwaves. The tobacco industry is under court order to advertise the deadly effects of smoking. A judge ruled more than a decade ago that the companies had […]
By Michael Casey The Associated Press CONCORD, N.H. — The Department of Energy on Thursday awarded a key permit for a transmission project that would carry hydropower from Canada to more than a million homes in southern New England. The granting of what is called the Presidential permit allows for […]
The Associated PressKaren MatthewsTom McElroy NEW YORK–A painting of Christ by the Renaissance master Leonardo da Vinci sold for a record $450 million (380 million euros) at auction yesterday, smashing previous records for artworks sold at auction or privately. The painting, “Salvator Mundi,” Latin for “Savior of the World,” is […]
By Ross Marowits The Canadian Press MONTREAL — Champion Iron Ltd. is restarting production in March at its Bloom Lake iron mine in Quebec’s Labrador Trough, three years after it was shuttered when its previous owner sought creditor protection. Some 450 workers will be on site around Christmas at the […]
The Associated Press PHENIX CITY, Ala. — An Alabama man who said he tripped and broke his hip while buying a watermelon at a Walmart store has won a $7.5 million verdict in his lawsuit against the retailer. Court records show that Henry Walker on Wednesday was awarded the damages […]
By Nicole Winfield The Associated Press VATICAN CITY — Pope Francis is saying “Just Say No” to cigarettes. The Vatican announced Thursday that it would no longer sell cigarettes to employees in its duty free shop and supermarket ‚Äî giving up an estimated 10 million euros ($11 million) a year […]
By Ross Marowits The Canadian Press Flying on WestJet’s low-cost carrier Swoop will come with a price: ancillary fees that will cost travellers about twice what they pay on the mainline carrier, the CEO of the Calgary-based airline said Tuesday. Gregg Saretsky said he expects non-fare fees on Swoop, which […]
