March 28th, 2024

Business

Trump’s social media company soars 40% in its first day of trading on Nasdaq

By The Associated Press on March 26th, 2024

NEW YORK (AP) – Shares of Donald Trump’s social media company jumped 40% in the first day of trading on the Nasdaq, boosting the value of the former president’s large stake in the company in the process. Trump Media & Technology Group runs the social media platform Truth Social. Before trading began, Trump Media had ... Read More »

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Parkland puts 157 convenience store and fuel station locations up for sale

By The Canadian Press on March 26th, 2024

CALGARY – Parkland Corp. is looking to sell 157 convenience store and fuel station locations across six provinces. The company says the assets up for sale include locations under the Chevron, Ultramar, Pioneer and FasGas brands as well as the On the Run convenience store banner. The bulk of the stations are in Quebec and ... Read More »

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Need to improve Canadian productivity has reached emergency level, BoC official says

By The Canadian Press on March 26th, 2024

HALIFAX – A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades. In a speech, senior deputy governor Carolyn Rogers says an economy with low productivity can only ... Read More »

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UK court says Assange can’t be extradited on espionage charges until US rules out death penalty

By Sylvia Hui And Jill Lawless, The Associated Press on March 26th, 2024

LONDON (AP) – A British court ruled Tuesday that Julian Assange can’t be extradited to the United States on espionage charges unless U.S. authorities guarantee he won’t get the death penalty, giving the WikiLeaks founder a partial victory in his long legal battle over the site’s publication of classified American documents. Two High Court judges ... Read More »

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Smith Financial looks to merge portfolio companies Fairstone Bank and Home Trust

By The Canadian Press on March 26th, 2024

TORONTO – Smith Financial Corp. is merging a pair of its portfolio companies, Fairstone Bank of Canada and Home Trust Co., in a move they say will create the leading alternative lender in Canada. Smith financial founder and CEO Stephen Smith says the combination is characterized by a strong cultural fit and complementary strengths. Fairstone ... Read More »

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UK court orders to delay extradition of WikiLeaks founder Julian Assange to US on espionage charges

By Brian Melley And Jill Lawless, The Associated Press on March 26th, 2024

LONDON (AP) – A British court ruled Tuesday that Julian Assange can’t immediately be extradited to the United States on espionage charges, in a partial victory for the WikiLeaks founder. Two High Court judges said they would grant Assange a new appeal unless U.S. authorities give further assurances about what will happen to him. The ... Read More »

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UK court orders delay to extradition of WikiLeaks founder Julian Assange to US on espionage charges

By The Associated Press on March 26th, 2024

LONDON (AP) – A British court says Julian Assange can’t immediately be extradited to the United States on espionage charges, in a partial victory for the WikiLeaks founder. Two High Court judges said they would grant Assange a new appeal unless U.S. authorities give further assurances about what will happen to him. The ruling means ... Read More »

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China to challenge Biden’s electric vehicle plans at the WTO

By The Associated Press on March 26th, 2024

BEIJING (AP) – China said Tuesday that it has filed a complaint at the World Trade Organization over US subsidies for electric vehicles. The Chinese Commerce Ministry said Tuesday it has resorted to the WTO dispute settlement process to protest American requirements that vehicles use parts from specific regions to qualify for subsidies. A statement ... Read More »

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Ontario budget to be ‘prudent and responsible,’ minister says

By The Canadian Press on March 26th, 2024

TORONTO – It’s budget day in Ontario, and the finance minister is set to present his plan to bolster the economy ahead of an expected slowdown, while also trying to ease the rising cost of living. Finance Minister Peter Bethlenfalvy says his budget takes a “prudent and responsible” approach to the province’s finances, and will ... Read More »

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With completion in sight, what’s next for the Trans Mountain pipeline project?

By The Canadian Press on March 26th, 2024

CALGARY – After more than four years of construction and at least $34 billion in costs, the Trans Mountain pipeline expansion project is nearly complete. Here’s a look at what milestones to expect in the coming weeks as the massive pipeline gets ready to start shipping Canadian oil to the West Coast: Resolution of B.C. ... Read More »

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Japan approves plan to sell fighter jets to other nations in latest break from pacifist principles

By Mari Yamaguchi, The Associated Press on March 25th, 2024

TOKYO (AP) – Japan’s Cabinet on Tuesday approved a plan to sell future next-generation fighter jets that it’s developing with Britain and Italy to other countries, in the latest move away from the country’s postwar pacifist principles. The contentious decision to allow international arms sales is expected to help secure Japan’s role in the joint ... Read More »

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