By Ian Bickis THE CANADIAN PRESS CALGARY — A new study by the Carbon Tracker Initiative shows the world’s biggest oil and gas companies can still make big profits in a carbon constrained world if they avoid high cost, high carbon projects like the oilsands. The London-based organization did an […]
National Business
By Brandon Bailey The Associated Press SAN FRANCISCO — Who is Satoshi Nakamoto? For many in the tech world, the identity of bitcoin’s elusive creator has been a long-running parlour game. And the speculation might not be over. Australian entrepreneur Craig Steven Wright, who announced Monday that he founded the […]
By Scott McFetridge The Associated Press NICKERSON, Neb. — Half-ton pickup trucks crowd the curb outside the One Horse Saloon, a neon Coors Light sign in the window and rib-eye steaks on the menu, but otherwise Nickerson, Nebraska, is nearly silent on a spring evening, with only rumbling freight trains […]
The Associated Press NEW YORK — Low oil prices have helped cost Exxon its pristine “AAA” credit rating from Standard & Poor’s, a label it held for over six decades. The top “AAA” credit rating from S&P means a company’s debt is the safest possible investment. Now only two other […]
The Associated Press CALGARY — Canada’s National Energy Board has granted conditional approval to a massive Enbridge Inc., project to replace a pipeline that would enable more Canadian crude to flow into the U.S. The $7.5-billion Line 3 Replacement project involves rebuilding a 1031-mile (1,660-kilometre) pipeline that’s nearly a half-century […]
By Aleksandra Sagan The Canadian Press TORONTO — A hundred years ago, a small wound could result in death if an infection spread. That could become reality again as the world threatens to return to a pre-antibiotic era due to antibiotic resistance. Some have pointed to the widespread use of […]
By Sudhin Thanawala And Tom Krisher The Associated Press SAN FRANCISCO — The owners of nearly half a million polluting Volkswagens in the U.S. will have the option of selling them back to the company or getting them repaired at VW’s expense, under a deal announced Thursday by a federal […]
By Sudhin Thanawala And Tom Krisher The Associated Press SAN FRANCISCO — Time is up for Volkswagen to meet a federal judge’s deadline to detail how it will make nearly 600,000 diesel cars rigged to cheat on emissions tests comply with clean air laws. Senior U.S. District Judge Charles Breyer […]
By Josh Funk The Associated Press OMAHA, Neb. — The CEO of Canadian Pacific still thinks railroad mergers are needed if the industry is to handle more freight, even after the company’s bid for Norfolk Southern crumbled under stiff resistance. Hunter Harrison said he thinks major railroad mergers will happen […]
By Martin Crutsinger The Associated Press WASHINGTON — Harriet Tubman, an African-American abolitionist who was born a slave, will stand with George Washington, Abraham Lincoln and Benjamin Franklin as among the iconic faces of U.S. currency. The $20 bill will be redesigned with Tubman’s portrait on the front, marking two […]
The Associated Press NEW YORK — McDonald’s is testing bigger and smaller versions of its Big Mac as the world’s biggest hamburger chain pushes to revive its business. The company says it’s testing a “Grand Mac” and “Mac Jr.” in the Central Ohio and the Dallas areas, and will see […]
By Rashah McChesney The Associated Press JUNEAU, Alaska — A life-sized whale statue has Juneau in hot water after a cruise ship association alleged it’s a symbol of the Alaska city’s misuse of millions in fees paid by visitors. The Cruise Lines International Association and its Alaska affiliate filed a […]
