LATEST POST

FEATURE

Canada Post presents latest contract offer to Canadian Union of Postal Workers

Business
267 views 6 secs

OTTAWA — Canada Post has presented its latest contract offer to the Canadian Union of Postal Workers in a bid to reach a new deal without a labour disruption. The new proposal includes annual wage increases amounting to 11.5 per cent over four years. It also protects the defined benefit pension for current employees, as […]

FEATURE

Jobs report on eve of election will be among the most distorted in years

Business
292 views 9 mins

WASHINGTON (AP) — Four days before Election Day, the government will issue its final snapshot of hiring and unemployment in the United States after a presidential race in which voter perceptions of the economy have played a central role. Yet Friday’s report will include some of the most distorted monthly employment figures in years, with […]

FEATURE

UK Treasury chief unveils budget with $50 billion in tax hikes, promising greater investment

Business
314 views 5 mins

LONDON (AP) — British Treasury chief Rachel Reeves told lawmakers Wednesday that taxes will rise by 40 billion pounds ($52 billion) in order to plug a hole in the public finances and investment projects to boost growth. In the Labour Party’s first budget since returning to power earlier this year for the first time in […]

FEATURE

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

Business
273 views 5 mins

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said the gross domestic product — the economy’s total output of goods and services — did slow slightly from its […]

FEATURE

Luxury SUV test: Edmunds compares the Lincoln Nautilus and Mercedes-Benz GLC

Business
322 views 6 mins

While Lincoln’s full-size Navigator is great for big families and towing, the recently redesigned Lincoln Nautilus should have broader appeal for SUV shoppers. It’s a midsize SUV that seats five and boasts distinctive styling, lots of premium features, and an eye-catching curved display that spans the width of the dashboard. So how does this Lincoln […]

FEATURE

Volkswagen says cost cuts are urgently needed as its earnings decline sharply

Business
269 views 3 mins

BERLIN (AP) — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the possibility of the automaker’s first plant closures in Germany. The company reported net profit of 1.58 billion euros ($1.7 billion) for the July-September period, a 64% […]

FEATURE

What to know about Europe’s tariffs on Chinese electric vehicles

Business
276 views 7 mins

FRANKFURT, Germany (AP) — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc. The duties took effect provisionally in July and were […]

FEATURE

Stock market today: Trading on Wall Street mixed in premarket, Reddit soars and Chewy sinks

Business
261 views 5 mins

Trading on Wall Street is essentially flat early Wednesday on mixed corporate earnings reports and new data on U.S. growth. Futures for the S&P 500 ticked up 0.1% before the bell, while futures for the Dow Jones industrials fell 0.2%. After hitting a record high on Tuesday, futures for the tech-heavy Nasdaq ticked up another […]