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 […]
National Business
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 […]
The Associated Press Gender equality in Corporate America is happening so slowly that it could take more than a century for women to have the same number of top executive jobs as men, according to a new study. The organizations behind the study, non-profit LeanIn.org and management consulting firm McKinsey […]
By Dan Joling The Associated Press ANCHORAGE, Alaska Royal Dutch Shell’s decision to end its quest for oil in the Arctic waters off Alaska sparked jubilation among environmental activists, who said Tuesday that they will seize the opportunity to seek an end to all drilling to in the region. But […]
By Tom Krisher The Associated Press DETROIT Volkswagen faces daunting challenges in fixing software that enables cheating on diesel engine emissions tests, a task that’s becoming more urgent because of growing anger from customers. The company has set aside $7.3 billion to pay for the scandal. But experts say it’s […]
By Gillian Flaccus And Tom Krisher The Associated Press LOS ANGELES Bob Rand bought his Volkswagen Passat last year for its clean emissions and high gas mileage. He liked the car so much he convinced his son and a friend to buy one, too. Now, as Volkswagen comes clean about […]
The Associated Press SAN FRANCISCO The company that sparked an angry backlash after it raised the price of a drug for treating a deadly parasitic infection by more than 5,000 per cent says it will roll back some of the increase. Turing Pharmaceuticals CEO Martin Shkreli told ABC News on […]
By John Rogers The Associated Press LOS ANGELES The music publishing company that has been collecting royalties on the song “Happy Birthday To You” for years does not hold a valid copyright on the lyrics to the tune that is one of the mostly widely sung in the world, a […]
