March 28th, 2024

Business

Boyd Group Services reports Q4 profit and sales up from year earlier

By The Canadian Press on March 20th, 2024

WINNIPEG – Boyd Group Services Inc. reported a fourth-quarter profit of US$19.1 million, up from US$14.2 million a year earlier, as its sales rose 16 per cent. The autobody repair company, which keeps its books in U.S. dollars, says the profit amounted to 89 cents US per diluted share for the last three months of ... Read More »

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7 dead after South Korean tanker capsizes off Japan, 2 still missing

By The Associated Press on March 20th, 2024

TOKYO (AP) – Seven people have been pronounced dead after a South Korean tanker ship capsized off an island in southwestern Japan, the coast guard said Wednesday afternoon, out of nine crew members found so far. Authorities confirmed that one member of the crew was alive, and described another’s condition as unknown. Earlier, authorities said ... Read More »

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Newfoundland and Labrador’s provincial budget set for today — and it may be balanced

By The Canadian Press on March 20th, 2024

ST. JOHN’S, N.L. – Newfoundland and Labrador Finance Minister Siobhan Coady is scheduled to release her 2024-25 budget today, with an expectation that the books will be balanced. The government has been working to whittle down its deficit, and it forecast last year that it would be eliminated by this year’s budget. However, the province ... Read More »

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South Korean tanker capsizes off southwestern Japan, 9 crewmembers rescued and 2 missing

By The Associated Press on March 20th, 2024

TOKYO (AP) – A South Korean tanker capsized off an island in southwestern Japan early Wednesday, and the coast guard said it had rescued nine crew members and was still searching for two who were missing. The coast guard said it received a distress call from the Keoyoung Sun chemical tanker, saying that it was ... Read More »

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South Korean tanker capsizes off southwestern Japan, 8 crewmembers rescued and 3 missing

By The Associated Press on March 20th, 2024

TOKYO (AP) – A South Korean tanker capsized off an island in southwestern Japan early Wednesday, and the coast guard said it had rescued eight crew members and was still searching for three who were missing. The coast guard said it received a distress call from the Keoyoung Sun chemical tanker, saying that it was ... Read More »

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South Korean tanker capsizes off southwestern Japan, 4 crewmembers rescued and 7 missing

By The Associated Press on March 19th, 2024

TOKYO (AP) – A South Korean tanker capsized off a southwestern Japanese island early Wednesday, and Japan’s coast guard said it rescued four of the crew and was searching for seven who were missing. The coast guard said it received a distress call from the Keoyoung Sun chemical tanker, saying that it was tilting and ... Read More »

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Gannett, McClatchy news chains say they will stop using Associated Press content

By David Bauder, The Associated Press on March 19th, 2024

NEW YORK (AP) – The Gannett and McClatchy news chains, publishers of more than 230 outlets including USA Today and the Miami Herald, have said they will stop using journalism from The Associated Press amid continued financial pressures for the news industry. The decision by Gannett, the nation’s largest newspaper chain, severs a century-old partnership. ... Read More »

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New Brunswick budget $41 million in surplus, no voter-friendly items before election

By Hina Alam, The Canadian Press on March 19th, 2024

FREDERICTON – The final New Brunswick budget before this year’s provincial election includes a $41-million surplus but no big-ticket items to entice voters to the polls. Tabled Tuesday by Finance Minister Ernie Steeves, the $13.3-billion budget increases spending by 6.4 per cent. Steeves downplayed the lack of voter-friendly measures, like tax cuts, telling reporters that ... Read More »

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Gannett news chain says it will stop using AP content for first time in a century

By David Bauder, The Associated Press on March 19th, 2024

NEW YORK (AP) – The media company Gannett, the nation’s largest newspaper chain and publisher of USA Today, said Tuesday it would stop using journalism from The Associated Press later this month, severing a century-old partnership. The decision “enables us to invest further in our newsrooms,” Gannett spokeswoman Lark-Marie Anton said. With more than 200 ... Read More »

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S&P/TSX composite creeps higher after inflation report, U.S. stock markets rise

By The Canadian Press on March 19th, 2024

TORONTO – Canada’s main stock index eked out a gain Tuesday after a new report on inflation surprised to the downside, while U.S. markets rose ahead of Wednesday’s interest rate announcement. The S&P/TSX composite index was up 23.40 points at 21,860.58. In New York, the Dow Jones industrial average was up 320.33 points at 39,110.76. ... Read More »

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Stock market today: Wall Street notches another record ahead of Fed news

By Stan Choe, The Associated Press on March 19th, 2024

NEW YORK (AP) – Wall Street notched another record high as traders wait to hear what the Federal Reserve will do with interest rates. The S&P 500 shook off an early loss and closed 0.6% higher Tuesday, beating the all-time high it set last week. The Dow Jones Industrial Average rose 0.8% and the Nasdaq ... Read More »

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