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National Business
Russian parliament displays art by Griner case figure Bout
MOSCOW (AP) — A show of prison artwork by Viktor Bout , the Russian arms trader serving 25 years in the United States and the focus of speculation about a prisoner swap that could free WNBA star Brittney Griner , opened Tuesday at the upper chamber o
Nov 15, 2022 11:55 AM
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Power outages in Moldova after Russian strikes in Ukraine
CHISINAU, Moldova (AP) — Moldova reported “massive power outages across the country” on Tuesday after Russian military strikes on Ukraine’s energy infrastructure downed a key power line that supplies the small nation, an official said.
Nov 15, 2022 11:17 AM
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FTX deal to buy Canadian crypto platform Bitvo terminated
CALGARY — Canadian crypto trading platform Bitvo Inc. says its deal to be acquired by FTX, the crypto-exchange giant that collapsed last week and filed for bankruptcy, will not go ahead.
Nov 15, 2022 9:17 AM
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US wholesale inflation eases to 8%, 4th straight slowdown
WASHINGTON (AP) — Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels. The annual figure is down from 8.
Nov 15, 2022 9:07 AM
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Home Depot tops expectations again, but sticks by outlook
ATLANTA (AP) — Home Depot easily topped expectations for both profit and revenue in the third quarter, but investors were spooked after the company stuck by projections it put out earlier this year. Shares of The Home Depot Inc.
Nov 15, 2022 8:15 AM
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Walmart puts up strong Q3, announces opioid settlement
NEW YORK (AP) — Walmart reported strong third quarter profits and revenue as more Americans seek to cut spending in face of high inflation. Also on Tuesday, Walmart agreed to pay $3.
Nov 15, 2022 8:14 AM
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Apple launches emergency system for people who can't access cell service
TORONTO — As Canada’s top telecommunications companies face pressure to ensure Canadians can reach emergency responders in the event of a major outage, Apple is rolling out a new service that will accomplish just that. The Cupertino, Calif.
Nov 15, 2022 8:00 AM
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Indonesia signs deals to accelerate clean energy transition
NUSA DUA, Indonesia (AP) — Indonesia signed deals with international lenders and major nations on Tuesday under which it is to receive billions of dollars in funding to help the country increase its use of renewable energy.
Nov 15, 2022 4:32 AM
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Canadians, economists alike saw little relief from inflation in October: forecasters
OTTAWA — Inflation has been heading lower in recent months, but Canadians likely haven't noticed as gas prices went up and grocery costs continued to soar last month.
Nov 15, 2022 4:00 AM
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FTX fallout shows tension between need for regulation and push for decentralization
TORONTO — The collapse of crypto-exchange giant FTX is being pointed to both as a clear example of the importance of industry regulation and, on the other hand, of the need for bitcoin to get back to its decentralized roots.
Nov 14, 2022 6:04 PM
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