August 25th, 2019

Business

Disney Legends honour prompts Robert Downey Jr. pot story

By Lynn Elber, The Associated Press on August 24th, 2019

ANAHEIM, Calif. – Robert Downey Jr. says he had a wild Disneyland ride in his younger days. The “Iron Man” and “Avengers: Endgame” star, among those honoured Friday as Disney Legends, said his first visit to the Southern California resort included a brief detention for “smoking pot in a gondola.” “I was brought to a ... Read More »

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Obi-Wan, Lizzie McGuire join new Disney Plus platform

By Lynn Elber, The Associated Press on August 23rd, 2019

ANAHEIM, Calif. – Ewan McGregor is reprising his “Star Wars” role as Obi-Wan Kenobi in a new series, one of the many splashy projects that Disney is banking on to make its new streaming platform competitive. The as-yet untitled Disney Plus show drew big cheers when it was announced Friday at the D23 Expo fan ... Read More »

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Walmart, Tesla pause in legal fight over fiery solar panels

By The Associated Press on August 23rd, 2019

NEW YORK – Walmart said Friday that is working on a resolution with Tesla after the retailing giant sued the electric car company’s energy division for installing rooftop solar panels that caught fire. In the lawsuit filed Tuesday, Walmart said Tesla installed solar panels that went up in flames on seven of its store rooftops ... Read More »

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Judge orders woman in Capital One case to remain in custody

By Martha Bellisle, The Associated Press on August 23rd, 2019

SEATTLE – A U.S. judge on Friday ordered a woman accused of hacking Capital One and at least 30 other organizations to remain in custody pending trial because she is a flight risk and poses a physical danger to herself and others. At a hearing in Seattle, U.S. Magistrate Judge Michelle Peterson said Paige Thompson’s ... Read More »

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‘Our bigger enemy’: Trump escalates attack on Fed chief

By Martin Crutsinger, The Associated Press on August 23rd, 2019

WASHINGTON – President Donald Trump launched a furious and highly personal Twitter attack Friday against the Federal Reserve and Chairman Jerome Powell, fuming that the Fed once more “did NOTHING!” and wondering who is “our bigger enemy” – Powell or China’s leader. The outburst came after Powell, speaking to central bankers in Jackson Hole, Wyoming, ... Read More »

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New ‘Moana’ attraction, ‘Star Wars’ hotel at Disney World

By The Associated Press on August 23rd, 2019

ORLANDO, Fla. – Disney officials say they plan to open an attraction based on the animated film “Moana” at Walt Disney World, and they announced the name of a “Star Wars”-themed hotel being planned for the Florida resort. The officials made the announcements Thursday at the company’s annual D23 Expo in Anaheim, California. The hotel ... Read More »

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North American stock markets plunge on heightened trade war between U.S. and China

By The Canadian Press on August 23rd, 2019

TORONTO – North American stock markets plummeted after the U.S.-Sino trade war heated up with President Donald Trump angrily responding to China’s tariff retaliation. The S&P/TSX composite index closed down 215.88 points at 16,037.58. In New York, the Dow Jones industrial average was down 623.34 points at 25,628.90. The S&P 500 index was down 75.84 ... Read More »

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Transat shareholders approve Air Canada takeover, deal now in regulators’ hands

By Christopher Reynolds, The Canadian Press on August 23rd, 2019

MONTREAL – The fate of Air Canada’s $720-million takeover bid for Transat A.T. Inc. rests with regulators after shareholders overwhelmingly approved the acquisition offer Friday. In a special meeting, shareholders of the Quebec-based tour operator voted 94.77 per cent in favour of accepting the $18-per-share transaction from the country’s largest airline. The deal will narrow ... Read More »

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Timing of Bank of Canada’s next statement gives it potential to tinge election

By The Canadian Press on August 23rd, 2019

OTTAWA – Canadians last heard the Bank of Canada’s take on the economy in the early days of summer – and the timing of its next update has the potential to tinge political debate during the federal election campaign. Since the bank’s most-recent public comments in early July, there’s mounting evidence of a slowing global ... Read More »

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Ottawa takes promised steps to prevent transshipments of aluminum, steel

By The Canadian Press on August 23rd, 2019

Ottawa is taking promised steps to prevent aluminum and steel from entering Canada as a way to circumvent trade measures that led to the U.S. lifting tariffs earlier this year. Starting Sept. 1, certain aluminum products will be added to the Import Control List (ICL) under the Export and Import Permits Act. Importers will be ... Read More »

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Trump vows response to China tariffs on $75B of US goods

By Joe McDonald, Paul Wiseman And Jill Colvin, The Associated Press on August 23rd, 2019

WASHINGTON – President Donald Trump declared Friday that he had “hereby ordered” American companies with operations in China “to immediately start looking for” an alternative after Beijing announced a series of retaliatory tariffs. But as markets in the U.S., Asia and Europe tumbled, the White House offered no further details or explanation of Trump’s intentions. ... Read More »

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