The Associated Press IOWA CITY, Iowa Kraft Heinz is closing is closing a plant in Canada and six others in the United States over the next two years as part of a downsizing that will eliminate 2,600 jobs, the newly merged food company announced Wednesday. The Canadian plant being closed […]
National Business
By Lauren Krugel The Canadian Press CALGARY The CEO of Suncor Energy is throwing cold water on speculation that its hostile takeover offer for Canadian Oil Sands will be sweetened. Steve Williams said Thursday the $4.3-billion bid should be good enough for shareholders given the gloomy outlook for oil prices, […]
By Matthew Brown The Associated Press BILLINGS, Mont. The U.S. Interior Department should not have approved the expansion of a southeastern Montana coal mine without taking a closer look at its effect on the environment, a federal judge said about a lawsuit arguing the government ignored coal’s contributions to climate […]
By Curt Anderson The Associated Press MIAMI U.S. drinkers of Beck’s beer who thought the American-made brew they were buying was still a fancy, century-old German import can get cash payments under a $20 million settlement approved Tuesday in a class-action lawsuit over deceptive packaging. On tap: People with proof […]
The Associated Press HERSHEY, Pa. Pennsylvania’s most iconic chocolate maker is doubling-down on one of its most popular treats. The Hershey Company on Tuesday announced its Hershey Kisses Deluxe. The new Kisses, on sale Nov. 5, will be twice the size of a normal Kiss ‚Äî the oversized, chocolate chips […]
The Canadian Press HALIFAX The Nova Scotia government says a U.S. Commerce Department decision to continue imposing tariffs on a Cape Breton paper mill is based on an erroneous assumption about what constitutes a subsidy. Provincial cabinet minister Andrew Younger says while it’s true Port Hawkesbury Paper is getting electricity […]
By Alexandra Posadzki The Canadian Press TORONTO Government documents suggest the federal Department of Finance is keeping close tabs on shadow mortgage lenders, a fast-growing segment of the market that could threaten the country’s financial stability if left unregulated. Documents obtained by The Canadian Press through Access to Information legislation […]
By Raf Casert The Associated Press BRUSSELS At the sixth time of asking, British-based brewer SABMiller accepted “in principle” Tuesday a 69 billion-pound ($106 billion) takeover offer from Belgian-Brazilian Anheuser Busch InBev that will create the world’s biggest beer company and bring together top U.S. brands Budweiser and Miller Genuine […]
The Associated Press NEW YORK ‚Playboy will no longer publish photos of nude women as part of a redesign of the decades-old magazine, according to a news report Monday. Executives for the magazine company told The New York Times that the change will take place in March 2016. The paper […]
The Associated Press STORRS, Conn.—A food truck at the University of Connecticut is serving up roasted crickets. The Daily Campus reports the university’s dining services are advertising the insects as organic, not genetically-modified, and Earth-friendly. The crickets are high in protein and low in fat. They’re also a source of […]
The Associated Press WASHINGTON Former Federal Reserve Chairman Ben Bernanke says some Wall Street executives should have gone to jail for their roles in the financial crisis that gripped the country in 2008 and triggered the Great Recession. Billions of dollars in fines have been levied against major banks and […]
The Associated Press STORRS, Conn. A food truck at the University of Connecticut is serving up roasted crickets. The Daily Campus reports the university’s dining services are advertising the insects as organic, not genetically modified and earth friendly. The crickets are high in protein and low in fat. They’re a […]
