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 […]
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 […]
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 […]
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 […]
CALGARY — Meg Energy Corp. says it earned $106 million in its fourth quarter, up from $103 million a year earlier. The Calgary-based company says revenues totalled $1.15 billion, down from $1.44 billion during the same quarter last year. Diluted earnings per share were 40 cents, up from 37 cents a year earlier. Bitumen production […]
CALGARY — Pembina Pipeline Corp. announced it’s investing in a proposed Edmonton-area natural gas power plant that could supply a massive data centre complex, as it reported a dip in quarterly earnings and a boost in pipeline volumes. It said Thursday it has entered into agreements for a 50 per cent stake in the Greenlight […]
Shopify Inc. has listed a U.S. address alongside its Canadian headquarters for the first time in an annual regulatory filing it made with the U.S. Securities and Exchange Commission. The e-commerce software business names both its Lafayette Street hub in New York and its O’Connor Street site in Ottawa as “principal executive offices” in the […]
Shopify Inc. has listed a U.S. address alongside its Canadian headquarters for the first time in an annual regulatory filing it made with the U.S. Securities and Exchange Commission. The e-commerce software business names both its Lafayette Street hub in New York and its O’Connor Street site in Ottawa as “principal executive offices” in the […]
BANGKOK (AP) — Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea tumbling more than 2% as U.S. President Donald Trump’s decision to push ahead with 25% tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% left investors reeling. Tokyo’s Nikkei 225 index […]