By Tami Abdollah And Eric Tucker The Associated Press WASHINGTON Battling in intense public broadsides, Apple Inc. and the government are making their cases before anyone steps into a courtroom over a judge’s order forcing Apple to help the FBI hack into an iPhone in a sensational terrorism case. Both […]
National Business
By Andrew Dalton The Associated Press LOS ANGELES A Los Angeles hospital paid a ransom in bitcoins equivalent to about $17,000 to hackers who infiltrated and disabled its computer network, the medical centre’s chief executive said Wednesday. It was in the best interest of Hollywood Presbyterian Medical Center to pay […]
The Canadian Press MONTREAL Air Canada has signed a letter of intent to purchase 45 of Bombardier’s CS300 aircraft with options for an additional 30 planes. Based on the list price of the CS300, Bombardier (TSX:BBD.B) says a firm order would be worth about $3.8 billion. Once a firm purchase […]
The Associated Press NEW YORK ‚Bombardier says it is cutting approximately 7,000 jobs, or about 11 per cent of its total workforce. The company said the 7,000 job cuts will include production and non-production employees, with 2,000 of the positions being contractors. It has 64,000 employees globally. Bombardier Inc. has […]
By Patrick Whittle The Associated Press SACO, Maine America’s lobster industry is sending less of its catch to Canada as processing grows in New England, and the growth could have widespread ramifications for consumers who are demanding more lobster products every year. U.S. lobstermen, clustered in the coastal New England […]
By Mike Stobbe The Associated Press NEW YORK A national retailer sold Chinese-made flooring that emits hazardous levels of formaldehyde, a federal investigation found. The laminate flooring was sold by Lumber Liquidators until last May, when the company announced it was halting sales. A long-awaited federal safety review found the […]
By Michael Liedtke The Associated Press SAN FRANCISCO Apple co-founder Steve Wozniak had a front row seat as the personal computer began to reshape society. So it made perfect sense to him to bring a convention meshing technology with pop culture to Silicon Valley. The convergence will occur March 18-20 […]
By Lois Abraham THE CANADIAN PRESS TORONTO The craft beer craze isn’t going away anytime soon, according to a survey of nearly 500 Canadian chefs. For the second year in a row, craft and micro brews have taken the top spot on the Canadian Chef Survey of the 10 hottest […]
By Candice Choi NEW YORK Burger King is looking for a new crown: Hot Dog King. The Miami-based chain says it plans to put hot dogs on its menu nationally for the first time starting Feb. 23. It may seem like a jarring addition for those who know the chain […]
The Associated Press DETROIT General Motors is recalling more than 473,000 trucks and SUVs in the U.S. and Canada because the brake pedals can come loose and fail to work properly. The recall covers certain 2015 and 2016 Chevrolet Silverado HD, GMC Sierra HD and Chevrolet Tahoe police vehicles. GM […]
The Associated Press NEW YORK Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business. ITC owns and runs high-voltage transmission facilities in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma. ITC Holdings […]
The Canadian Press TORONTO Falling stock markets have not changed how most Canadian investors view their portfolios, a new poll suggests. The online poll released Tuesday and conducted for CIBC (TSX:CM) found that 58 per cent of people surveyed say they’re sticking with their long-term investment strategy despite the recent […]
