TORONTO — U.S. company Welltower Inc. has signed a deal to buy Amica Senior Lifestyles from Ontario Teachers’ Pension Plan for $4.6 billion. The deal includes 31 seniors residences and seven under construction. As part of the transaction, Welltower will also acquire a minority interest in Amica’s management company with the Amica management team owning […]
KYIV, Ukraine (AP) — A deal to end the war between Ukraine and Russia “is still very, very far away,” Ukrainian President Volodymyr Zelenskyy said, adding that he expects to keep receiving American support despite his recent fraught relations with U.S. President Donald Trump. “I think our relationship (with the U.S.) will continue, because it’s […]
NEW YORK (AP) — The Nationals and Baltimore Orioles ended a legal fight over television rights dating to 2012 when Major League Baseball announced Monday that Washington will be freed from its deal with the Mid-Atlantic Sports Network after the upcoming season. MLB said Nationals’ games will be broadcast by MASN in 2025 under a […]
BALTIMORE (AP) — A power outage at Baltimore/Washington International Thurgood Marshall Airport was causing significant flight delays and other interruptions to air travel Monday morning. Airport officials said the outage was impacting areas of the main terminal and an adjacent parking garage. More than 150 flights were delayed and a handful were canceled as of […]
Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain, said Monday that the investigation into McMullen’s personal conduct was unrelated to the business, but was found to be inconsistent with its business ethics policy. Board member Ronald Sargent will serve as chairman […]
TORONTO — MediPharm Labs Corp. has signed a deal to sell its facility in Hope, B.C., to Rubicon Organics Inc. for $4.5 million in cash. The company stopped using the facility in 2024, consolidating operations following its acquisition of VIVO Cannabis Inc. Rubicon Organics has agreed to acquire the land and building associated with the […]
WASHINGTON (AP) — The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening announcement, Treasury said in a news release that it will not impose penalties now or in the future if companies fail to register for the […]
OMAHA, Neb. (AP) — Egg producers blame the bird flu outbreak for driving prices to record highs, but critics believe giant companies are taking advantage of their market dominance to profit handsomely at the expense of budget-conscious egg buyers. Advocacy groups, Democratic lawmakers and a Federal Trade Commission member are calling for a government investigation […]
CHEYENNE, Wyo. (AP) — President Donald Trump is taking a step toward granting the U.S. mining industry’s biggest wishes by singling out one metal as a focus of his domestic minerals policy: copper. From talk of acquiring Greenland and its vast mineral wealth to prodding Ukraine for minerals in exchange for help fending off Russia’s […]
GUISSONA, Spain (AP) — Inside a cavernous production plant in Spain, people from 62 nationalities work side by side to keep a food company humming as millions of legs of ham travel on hooks along conveyor belts. Foreign workers have helped to make Spain’s economy the envy of the industrialized world, even as anti-immigration sentiments […]