Tag Archives: business

Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. Shortly after disclos...

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP's annual survey of exe...

OTTAWA - The federal government is in talks with business and labour groups to figure out the future of billions in emergency aid, Prime Minister Justin Trudeau said one day after a warning ...

OTTAWA - Parliament's spending watchdog says the estimated deficit for the year has likely risen to about $260 billion, leaving the government with little fiscal firepower to stimulate an economic reb...

BALTIMORE - U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of potential buyers. The Commerce Department reported Tuesday...

NEW YORK - Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as...

LONDON - Dominic Cummings helped Boris Johnson win power by pitting the people against the elite. Johnson's Conservative administration has branded itself "the People's Government." The prime minister...

WASHINGTON - U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid for a sharply diminished supply of homes. The S&P CoreLog...

KARLSRUHE, Germany - A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing - but consumers must accept the cur...

OTTAWA - The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings tha...