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 […]

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, […]

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 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 […]