MONTREAL — The Canadian Coast Guard announced this morning that a change of strategy is underway to free the ship that ran aground on Christmas Eve on the St. Lawrence River in Quebec. An attempt to refloat the ship using a team of tugboats that was launched on Friday has not worked, the coast guard […]
WASHINGTON (AP) — A machinists strike. Another safety problem involving its troubled top-selling airliner. A plunging stock price. 2024 was already a dispiriting year for Boeing, the American aviation giant. But when one of the company’s jets crash-landed in South Korea on Sunday, killing all but two of the 181 people on board, it brought […]
SEOUL, South Korea (AP) — South Korean officials said Monday they will conduct safety inspections of all Boeing 737-800 aircraft operated by the country’s airlines, as they struggle to determine what caused a plane crash that killed 179 people a day earlier. Sunday’s crash, the country’s worst aviation disaster in decades, triggered an outpouring of […]
Asian shares were mixed on Monday after stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. U.S. futures were lower while oil prices were little changed. Tokyo’s Nikkei 225 index lost 1% to 39,894.62. The dollar gained against the Japanese yen, trading at 157.93 yen, up from […]
COBBLE HILL, B.C. — Gil Yaron barely contains his excitement when asked to describe his non-profit venture to convince construction companies, developers and renovation contractors to recycle tonnes of building material waste on Vancouver Island. “We’re the Tinder of the construction sector,” he said, chuckling at the reference to the online dating application. “We’re the […]
As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the spring. But the lag in 2024 lasted longer than some expected, with the Bank of Canada waiting until June to deliver the first of […]
Global shares retreated Monday in thin trading as the year was drawing to a close without the euphoria that pushed many world markets to record highs in 2024. Tokyo’s benchmark Nikkei 225 index ended 1% lower, at 39,894.54. The last trading session of the year ended on a somber note with the Japan Exchange Group’s […]
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Well-heeled customers traded down to Walmart and Aldi. Diners opted for fast food or home cooking instead of sit-down restaurants. Department stores struggled […]
Two family films dominated the holiday box office this week, with “Sonic the Hedgehog 3” winning the three-day weekend over “Mufasa” by a blue hair. Paramount’s Sonic movie earned $38 million, while “Mufasa” brought in $37.1 million from theaters in the U.S. and Canada, according to studio estimates Sunday. On a normal weekend counting Friday, […]
NEW YORK (AP) — Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. He was 76. Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a […]
