April 23rd, 2014

Business

Toyota sells 2.58 million vehicles globally in first quarter, outpacing General Motors, VW

By The Associated Press on April 22nd, 2014

TOKYO – Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen. Toyota Motor Corp. said Wednesday that it sold 2.583 million vehicles in the January-March period, ahead of Detroit-based GM at 2.42 million and Volkswagen of Germany at 2.4 million. ... Read More »

Be the first to comment!

Proposed Navajo Nation junk-food tax falls short of needed votes; advocates vow to revive it

By Felicia Fonseca, The Associated Press on April 22nd, 2014

FLAGSTAFF, Ariz. – Facing a high prevalence of diabetes, many American Indian tribes are returning to their roots with community and home gardens, cooking classes that incorporate traditional foods, and running programs to encourage healthy lifestyles. The latest effort on the Navajo Nation, the country’s largest reservation, is to use the tax system to spur ... Read More »

Be the first to comment!

Bon Jovi helps open JBJ Soul Homes for low-income and formerly homeless residents in Philly

By Kathy Matheson, The Associated Press on April 22nd, 2014

PHILADELPHIA – Jon Bon Jovi’s hit tune “Who Says You Can’t Go Home?” took on new meaning Tuesday as the rock star cut the ribbon on a namesake housing development for low-income residents and the formerly homeless in Philadelphia. The 55-unit JBJ Soul Homes opened in the Francisville neighbourhood after about 18 months of construction. ... Read More »

Be the first to comment!

CN Rail maintains growth outlook for 2014 on Q1 results and spring thaw

By Ross Marowits, The Canadian Press on April 22nd, 2014

MONTREAL – The spring thaw from the coldest winter in decades is feeding hope that Canadian National Railway, the country’s largest rail company, will meet forecast earnings growth in 2014 despite weather-related challenges earlier in the year. “If I look at April our recovery is well underway,” CEO Claude Mongeau said during a conference call ... Read More »

Be the first to comment!

More families call for public inquiry into two, fatal mill explosions in B.C.

By The Canadian Press on April 22nd, 2014

PRINCE GEORGE, B.C. – Demands for a public inquiry into two fatal mill explosions will be taken to the streets of Prince George, B.C., on the second anniversary of one of the blasts. Family members and co-workers of those killed and injured at the Lakeland Mills sawmill on April 23, 2012, and the Babine Forest ... Read More »

Be the first to comment!

Oil slips to near US$102 a barrel amid prospects of rising U.S. crude supplies

By Pablo Gorondi, The Associated Press on April 22nd, 2014

The price of oil fell two per cent to settle just above US$102 a barrel Tuesday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine. U.S. crude for May delivery dipped $2.24 a barrel to settle at US$102.13 in electronic trading on the New York Mercantile Exchange. On Monday, oil added ... Read More »

Be the first to comment!

Valeant, Ackman looking to buy Botox maker Allergan in deal worth about $48B

By Ross Marowits, The Canadian Press on April 22nd, 2014

Valeant Pharmaceuticals is teaming up with U.S. activist investor Bill Ackman to buy Botox maker Allergan in a cash-and-stock deal worth about US$48 billion that could be the next step in the Canadian company’s goal to become one of the world’s largest drug companies. Quebec-based Valeant (TSX:VRX) (NYSE:VRX), already one of Canada’s largest specialty pharmaceutical ... Read More »

Be the first to comment!