By Audrey McAvoy The Associated Press HONOLULU Hawaii’s last sugar plantation is getting out of the sugar-growing business, signalling the end of an industry that once powered the local economy and lured thousands of immigrants to the islands. Alexander & Baldwin Inc. said Wednesday that it will phase out sugar […]
National Business
The Associated Press PIERRE, S.D. Regulators in South Dakota have again approved the portion of the embattled Keystone XL oil pipeline that would go through the state. The Public Utilities Commission’s decision Tuesday still requires TransCanada Corp. to get a presidential permit for the project. President Barack Obama blocked the […]
The Canadian Press TORONTO The Canada Pension Plan Investment Board has entered into a joint venture to purchase student housing properties in the United States for a total of US$1.4 billion. The deal would see CPPIB and global investment firm GIC each own a 47.5 per cent stake in University […]
By Candice Choi THE ASSOCIATED PRESS CONCORD, N.H. How far have vegan alternatives come to tasting like the real thing? Not far enough, according to a panel that tasted some options for The Associated Press. “Noxious” and “kind of not natural” were among the reactions to some of the meatless […]
By Marley Jay The Associated Press NEW YORK In a flat year overall for stocks, there was still plenty of excitement to be enjoyed ‚Äî or endured ‚Äî by 2015’s biggest winners and losers. It was a year to make old guard companies shudder. New media companies like Netflix, which […]
By Scott Mayerowitz The Associated Press LOUISVILLE, Ky. The humming is constant; a low-pitched drone from 155 miles of conveyer belts racing packages in every direction. Boxes shift from one belt to another and bump into a metal wall. Thud. Thud. Thud. In the background, trucks beep and jet engines […]
By Alexandra Posadzki The Canadian Press TORONTO Overseas investors looking to park their money in Canadian real estate could soon be donning headsets and touring upcoming condo developments in virtual reality, according to the founder of a Toronto-based technology firm. Invent Dev turns floor plans of new developments into 3D, […]
By Lindsey Bahr The Associated Press LOS ANGELES To say that the force is strong with this one is an understatement. “Star Wars: The Force Awakens” brought in a galactic $238 million over the weekend, making it the biggest North American debut of all time according to studio estimates on […]
By Lauren Krugel The Canadian Press CALGARY Experts see more good news than bad for Canada’s energy industry if the U.S. lifts its decades-old ban on oil exports. The ban came into force when oil shortages were commonplace 40 years ago ‚Äî a stark contrast to today’s U.S. glut, thanks […]
By Ian Bickis THE CANADIAN PRESS CALGARY Shale gas producers in Western Canada are responding to plunging natural gas prices by slashing their 2016 budgets. NuVista Energy Ltd. has cut its budget in half, while Encana Corp. and Painted Pony Petroleum Ltd. have cut their budgets by 25 per cent […]
The Canadian Press TORONTO A new poll suggests that two-thirds of millennials are investing their money, but that most feel they don’t have adequate knowledge for the task. The poll done for CIBC (TSX:CM) found 67 per cent of Canadians aged 18 to 34 reported have investments including stocks, GICs, […]
By Dee-Ann Durbin The Associated Press DETROIT Japanese brands dominate the insurance industry’s rankings of the safest vehicles for the 2016 model year. The Insurance Institute for Highway Safety said Thursday that 48 vehicles earned its highest rating of “Top Safety Pick Plus.” That’s up from 33 a year ago. […]
